2024-10-07T12:01:38-05:00 2023-12-31 521853933 JM&M 10500 LITTLE PATUXENT PARKWAY SUITE 770 COLUMBIA MD 21044 990 2023-01-01 522385104 BANK INSURANCE & SECURITIES ASSOCIATION BANK 2023671111 2001 K STREET NW 3RD FLOOR NORTH WASHINGTON DC 20006 JEFFREY HARTNEY EXECUTIVE DIRECTOR 2029738612 2024-10-04 1 1 SEAN MCELWANEY P01608821 4108840220 2023 2024-10-15 13:58:12Z JEFFREY HARTNEY 2001 K STREET NW 3RD FLOOR NORTH WASHINGTON DC 20006 3082477 0 X WWW.BISANET.ORG X 2002 CA TO SUPPORT MEMBER FIRMS AND FINANCIAL PROFESSIONALS WITHIN DEPOSITORY INSTITUTIONS BY BUILDING A COMMUNITY AND PROVIDING FORUMS TO ENHANCE THEIR PROFESSIONALISM, KNOWLEDGE, AND PRODUCTIVITY TO HELP THEM BEST SERVE THEIR CLIENTS WITH A BROAD ARRAY OF FINANCIAL SOLUTIONS. 29 29 0 128 159525 0 0 0 2874762 2993931 8730 88546 0 0 2883492 3082477 80000 152750 0 0 0 0 0 0 0 2929949 2812719 3009949 2965469 -126457 117008 3273998 3539771 1198393 1347158 2075605 2192613 X TO SUPPORT MEMBER FIRMS AND FINANCIAL PROFESSIONALS WITHIN DEPOSITORY INSTITUTIONS BY BUILDING A COMMUNITY AND PROVIDING FORUMS TO ENHANCE THEIR PROFESSIONALISM, KNOWLEDGE, AND PRODUCTIVITY TO HELP THEM BEST SERVE THEIR CLIENTS WITH A BROAD ARRAY OF FINANCIAL SOLUTIONS. 0 0 ANNUAL MEETINGS - THE CONVENTION OFFERS AMPLE NETWORKING OPPORTUNITIES AS WELL AS CAREFULLY CURATED EDUCATION. IN ADDITION TO THESE CAPTIVATING KEYNOTES, ATTENDEES HAVE THE CHANCE TO ATTEND SEVERAL CONCURRENT SESSIONS AS WELL AS A SELECTION OF FOCUSED PEER GROUP SESSIONS. MEMBERSHIP SERVICES - PROGRAM DESIGNED TO HELP SUPPORT AND FACILITATE MEMBERSHIP BENEFITS. BISA MAGAZINE - BISA PORTFOLIO PROVIDES INDUSTRY NEWS, INSIGHTS, RESEARCH AND FEATURES THROUGH AN ONLINE DIGITAL HUB, WEEKLY ENEWSLETTER AND ANNUAL PRINT PUBLICATION. GOVERNANCE - BOARD CONVENES TO PROVIDE OVERSIGHT AND LEADERSHIP DUTIES. DIVERSITY COMMITTEE AND INCLUSION - PROGRAM DESIGNED TO RESEARCH AND ENCOURAGE DIVERSITY AND INCLUSION WITHIN THE NON-PROFIT BANKING COMMUNITY. GOVERNMENT RELATIONS - PROGRAM DESIGNED TO ENLIST LEGAL FIRMS TO HELP SUPPORT ADVOCACY EFFORTS AND CHANGE GOVERNMENT POLICIES WITHIN THE FINANCIAL INDUSTRY. 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 1 0 1 1 0 0 0 0 0 0 0 X 29 29 0 1 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X SMITHBUCKLIN CORPORATION 2029738612 2001 K STREET NW 3RD FLOOR NORTH WASHINGTON DC 20006 X FRANK A CONSALO PAST PRESIDENT 5.00 X X 0 0 0 MICHAEL MIROBALLI PRESIDENT 5.00 X X 0 0 0 JANE-ELLEN PORTER SECRETARY 5.00 X X 0 0 0 RICHARD KOLL VICE PRESIDENT UNTIL FEBRUARY 5.00 X X 0 0 0 JOHN OLERIO VICE PRESIDENT UNTIL FEBRUARY, THEN PRESIDENT ELECT 5.00 X X 0 0 0 KEVIN MCCARTHY VICE PRESIDENT 5.00 X X 0 0 0 VANCE RICHARD TREASURER 5.00 X X 0 0 0 WALLACE HARRIS JR MEMBER UNTIL FEBRUARY, THEN VICE PRESIDENT 5.00 X X 0 0 0 LEANN RUMMEL MEMBER UNTIL FEBRUARY, THEN TMP OFFICER 5.00 X X 0 0 0 KATHY BURGESS MEMBER 5.00 X 0 0 0 ROBERT CORSARIE MEMBER 5.00 X 0 0 0 ANGELA HOLLIDAY MEMBER 5.00 X 0 0 0 KEVIN MUMMAU MEMBER 5.00 X 0 0 0 TIM B SEASE MEMBER 5.00 X 0 0 0 JONATHON ALLEN MEMBER 5.00 X 0 0 0 JIM FUJINAGA MEMBER 5.00 X 0 0 0 PETE DUNLAP MEMBER 5.00 X 0 0 0 STEPHEN AMARANTE MEMBER 5.00 X 0 0 0 STEVE FRANKE MEMBER 5.00 X 0 0 0 JAY MCANELLY MEMBER 5.00 X 0 0 0 JIM NONNENGARD MEMBER 5.00 X 0 0 0 JACINDA NORVELL MEMBER 5.00 X 0 0 0 JOE SKARDA MEMBER 5.00 X 0 0 0 LINCOLN YERSIN MEMBER 5.00 X 0 0 0 SCOTT FORD MEMBER 5.00 X 0 0 0 PETE DORSEY MEMBER 5.00 X 0 0 0 DONALD CLARK MEMBER AS OF FEBRUARY 5.00 X 0 0 0 STEPHEN KRUCHTEN MEMBER AS OF NOVEMBER 5.00 X 0 0 0 DONNA MCNEELY MEMBER AS OF FEBRUARY 5.00 X 0 0 0 REBECCA ROBINSON MEMBER AS OF FEBRUARY 5.00 X 0 0 0 TIM KILLGOAR MEMBER UNTIL NOVEMBER 5.00 X 0 0 0 JIM NORWOOD MEMBER UNTIL FEBRUARY 5.00 X 0 0 0 CHRIS RADZOM MEMBER UNTIL FEBRUARY 5.00 X 0 0 0 RICHARD GUERRINI MEMBER UNTIL FEBRUARY 5.00 X 0 0 0 JEFFREY HARTNEY EXECUTIVE DIRECTOR 40.00 X 0 0 0 0 0 0 0 0 0 0 SMITHBUCKLIN CORP 2001 K STREET NW 3RD FLOOR NORTH WASHINGTON DC 20006 MGT. SERVICES & EXE. DIR. COMP 1762958 FONTAINEBLEAU FLORIDA HOTEL LLC 4441 COLLINS AVE MIAMI BEACH FL 33140 CONFERENCE SERVICES 473185 2 MEMBERSHIP DUES 541900 2116568 2116568 ANNUAL MEETING 541900 692966 692966 DIGITAL & PRINT ADVERT 541800 159525 159525 OTHER MEETINGS 541900 24872 24872 2993931 88546 88546 3082477 2834406 159525 88546 152750 1608010 13500 15500 175 140714 37285 70056 904529 16782 DUES AND SUBSCRIPTIONS 3411 STORAGE 1510 MISCELLANEOUS 1247 2965469 801209 1322493 1929732 2018102 120924 17464 422133 181712 3273998 3539771 57624 42368 1140769 1304790 1198393 1347158 X 2075605 2192613 2075605 2192613 3273998 3539771 117008 0 X X 0 1 X 1 0 0 1 0 0 X 3082302 0 3082302 175 175 3082477 2965294 0 2965294 175 175 2965469 PART X, LINE 2: BISA BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS OR THAT WOULD HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. THERE ARE NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES THAT NEED TO BE RECORDED. 1 CERULLI ASSOCIATES INC 699 BOYLSTON ST 15TH FLOOR BOSTON MA 02116 043172499 N/A 148250 0 RESEARCH SPONSORSHIP TO GAIN POST-PANDEMIC INSIGHTS INTO THE FINANCIAL ADVISORS ATTITUDES AND PREFERENCES AS WELL AS AN UNDERSTANDING OF IMPORTANT FACTORS RELATED TO THE MANAGEMENT OF FINANCIAL ADVISORS. 1 PART I, LINE 2: THE ASSOCIATION GAVE OUT TWO RESEARCH SPONSORSHIP GRANTS IN 2023. THE BISA RESEARCH COMMITTEE COMMISSIONS RESEARCH PROJECTS ON SPECIFIC TOPICS, AS DETERMINED BY THE COMMITTEE, AND BASED ON INDUSTRY FEEDBACK AND EXPERIENCE, FROM INDUSTRY CONSULTANTS/SUBJECT MATTER EXPERTS VIA AN RFP PROCESS. IN ADDITION, THE COMMITTEE REVIEWS AND APPROVES RESEARCH PROPOSALS SUBMITTED FROM INDUSTRY CONSULTANTS SUCH AS STATHIS PARTNERS AND CERULLI ASSOCIATES. FORM 990, PART VI, SECTION A, LINE 3 THE ASSOCIATION HAS ENTERED INTO A MANAGEMENT CONTRACT WITH SMITHBUCKLIN CORPORATION. UNDER THE TERMS OF THIS CONTRACT, THE ASSOCIATION MAKES PAYMENTS TO SMITHBUCKLIN CORPORATION WHICH COVER STAFF SALARIES AND OTHER OVERHEAD EXPENSES. THE FEES INCURRED BY THE ASSOCIATION DURING THE YEAR ENDED DECEMBER 31, 2023 WERE $1,608,010, WHICH WERE BROKEN DOWN AS FOLLOWS: EXECUTIVE MANAGEMENT - $322,275, MEMBERSHIP AND OPERATIONS SERVICES, EVENT SERVICES, MARKETING AND COMMUNICATIONS SERVICES, CREATIVE AND DESIGN SERVICES, EDUCATION AND LEARNING SERVICES, FINANCIAL MANAGEMENT AND ACCOUNTING SERVICES, INFORMATION TECHNLOGY SERVICES, SALES SERVICES, SITE SELECTION AND CONTRACTING SERVICES, FULFILLMENT SERVICES, INFORMATION TECHNOLOGY SERVICES, AND VALUE ADDED SERVICES. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE AMENDED IN NOVEMBER 2023 TO INCLUDE THE FOLLOWING CHANGES: - THE MAXIMUM NUMBER OF DIRECTORS WAS INCREASED FROM 30 TO 32. - DIRECTOR QUALIFICATIONS WERE UPDATED TO ALLOW A GREATER PERCENTAGE OF CLEARING HOUSE AFFILIATES. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT OF SMITHBUCKLIN REVIEWS THE FORM 990 AND EMAILS THE 990 TO THE BOARD PRIOR TO SUBMITTING THE FORM TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE OFFICERS AND BOARD OF DIRECTORS SIGN A DOCUMENT ANNUALLY WHICH WOULD DISCLOSE ANY CONFLICTS OF INTEREST. THE EXECUTIVE DIRECTOR MONITORS COMPLIANCE. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.