2024-09-25T16:08:59-07:00 2023-12-31 680307221 Comyns Smith McCleary & Deaver LLP 1777 Botelho Drive Suite 350 Walnut Creek CA 94596 990 2023-01-01 956008616 California Bankers Association Group Insurance Trust CALI 9164384400 1303 J Street 600 Sacramento CA 95814 Tina Cota CFO 2024-09-25 true true James B Wolf P00040079 9252991040 2023 2024-08-08 14:25:15Z 1303 J Street 600 Sacramento CA 958142939 1531449 false X N/A X 1950 CA CERTAIN EDUCATIONAL SCHOLARSHIPS, WELFARE BENEFITS, INCLUDING DEATH BENEFITS AND AD&D, TO EMPLOYEES OF MEMBER ORGANIZATIONS 9 9 0 98731 75550 0 0 136260 159746 38105 36240 174365 195986 220564 266513 32774 29982 0 0 0 202835 217799 456173 514294 -281808 -318308 4237228 4300587 377286 218702 3859942 4081885 CERTAIN EDUCATIONAL SCHOLARSHIPS, WELFARE BENEFITS, INCLUDING DEATH BENEFITS AND AD&D, TO EMPLOYEES OF MEMBER ORGANIZATIONS false false INSURANCE TRUST PROVIDES VARIOUS EDUCATIONAL SCHOLARSHIPS AND WELFARE BENEFITS TO EMPLOYEES OF MEMBER ORGANIZATIONS false false false false false false false false false false false false false true false false false false false false false false false false false false false true false false false false false false false false false false false false false false false true 3 0 true 0 true true false false false false false false false X 9 9 false false false false false false false true true false false true true true true false true true true false X CALIFORNIA BANKERS ASSOCIATION 9164384400 1303 J Street STE 600 Sacramento CA 95814 X Robert Gotelli Board Member 0.00 0.00 X 0 0 0 Jenny McDonald Interim CFO 0.00 0.00 X 0 0 0 Fred D Jensen Board Member 0.00 0.00 X 0 0 0 Rich Mize Former CFO 0.00 0.00 X X 0 0 0 George L Cook Vice Chair 0.00 0.00 X 0 0 0 Larry D Hartwig Chairman 0.00 0.00 X X 0 0 0 Ashley R Sowa Board Member 0.00 0.00 X 0 0 0 Amy Wakayama Board Member 0.00 0.00 X 0 0 0 David Malone Board Member 0.00 0.00 X 0 0 0 0 false false false 0 0 0 98731 98731 0 0 0 1396478 1335463 61015 61015 61015 0 0 0 Member Contributions 525100 36168 36168 Settlement 525100 72 72 36240 195986 36240 98731 61015 0 266513 0 29982 0 0 0 0 0 0 0 30989 42192 0 0 0 18900 0 0 0 0 0 0 0 0 0 0 0 8100 Fed/State Taxes 49096 Administration 46369 Trustee Fee 14514 Committee Meetings 7241 398 514294 0 0 0 935 508 4173016 4284704 0 13966 12926 0 0 0 0 49311 2449 0 0 0 0 0 0 4237228 4300587 23656 19581 353630 199121 377286 218702 X 3859942 4081885 3859942 4081885 4237228 4300587 X -318308 372841 167410 X false true X true false 8396 Scholarship Commitments 190725 199121 true 0 0 Educational Scholarship 266513 Grantmaker's Description of How Grants are Used The Executive Committee formally approved a new scholarship benefit to member banks and their employees which began in 2016. Employees or children of employees of member banks will be eligible to receive scholarship funds from the Trust for various banking related educational needs (banking colleges, general tuition, certification programs, etc.). The banking school benefit is a scholarship offered by the Association which covers tuition, room and board for the entire length of the approved school program which usually lasts three years. Scholarship awardees are required to maintain eligibility throughout the entire length of the program in order to continue receiving the scholarship benefits. Eligibility requirements are comprised of continued employment in the Associations member bank, and continued enrollment in the approved banking school. Payment of scholarship awards is made directly to the schools. Form 990, Part VI, Section B, Line 11b Form 990 is reviewed annually prior to filing by an officer of the contract administration entity engaged by the taxpayer to manage the operations of the taxpayer. The return is then reviewed and signed by a member of the taxpayer's governing body Form 990, Part VI, Section B, Line 12c THE CONFLICT-OF-INTEREST POLICY IS IN THE GOVERNING BODIES CHARTER DOCUMENT AND PART OF THE COMMITTEE MEMBERS APPOINTMENT CRITERIA. EACH MEMBER HAS ACKNOWLEDGED IN WRITING THAT THEY ARE INDEPENDENT AND NO CONFLICTS OF INTEREST AROSE DURING 2023. Form 990, Part VI, Section B, Line 15a There are no employees. The CFO presents a budget annually wherein the compensation to be paid to the trustee is included and the governing body reviews, revises as necessary, and approves the annual budget. Form 990, Part VI, Section B, Line 15b All voting members of the governing body are independent as detailed in Part VI, Section A, lines 1a and 1b above. The CFO presents a budget annually wherein the compensation to be paid to the trustee is included and the governing body reviews, revises as necessary, and approves the annual budget. There are no employees of the trust. Form 990, Part VI, Section C, Line 19 Not available to the public Form 990, Part XI, Line 9 Bond Premium Amortization-Tax = $7829 Form 990, Part XI, Line 9 Scholarship Committments paid in 2023 = $350305 Form 990, Part XI, Line 9 Add'l Granted Scholarships paid in 2023 = $0 Form 990, Part XI, Line 9 Realized Gain/Loss difference = $0 Form 990, Part XI, Line 9 Rounding = $1 Form 990, Part XI, Line 9 Realized Gain/Loss difference = -$0 Form 990, Part XI, Line 9 Scholarship Committments not yet paid = -$190725 Form 990, Part XI, Line 9 Rounding = -$0