2025-10-23T10:24:13-07:00 2024-12-31 680307221 Comyns Smith McCleary & Deaver LLP 1777 Botelho Drive Suite 350 Walnut Creek CA 94596 990 2024-01-01 956008616 California Bankers Association Group Insurance Trust CALI 9164384400 1303 J Street 600 Sacramento CA 95814 Tina Cota CFO 2025-10-23 true true James B Wolf P00040079 9252991040 2024 2025-03-06 01:10:19Z 1303 J Street 600 Sacramento CA 958142939 2560724 false X N/A X 1950 CA CERTAIN EDUCATIONAL SCHOLARSHIPS and WELFARE BENEFITS TO EMPLOYEES OF MEMBER ORGANIZATIONS 6 6 0 102528 82489 0 0 159746 354562 36240 19802 195986 374364 266513 369282 29982 16475 0 0 0 217799 163631 514294 549388 -318308 -175024 4300587 4167090 218702 401581 4081885 3765509 CERTAIN EDUCATIONAL SCHOLARSHIPS and WELFARE BENEFITS 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 true 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 6 6 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 Deborah A Meekins Board Member 0.00 0.00 X 0 0 0 Louise A Walker Board Member 0.00 0.00 X 0 0 0 George L Cook Chairman 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 102528 102528 0 0 0 2438394 2186360 252034 252034 252034 0 0 0 Member Contributions 525100 19778 19778 Settlement 525100 24 24 19802 374364 19802 102528 252034 0 369282 0 16475 0 0 0 0 0 0 0 27862 37584 0 0 0 18900 0 0 0 0 0 0 0 0 0 0 0 8163 Administration 41432 Fed/State Taxes 15043 Trustee Fee 14647 0 549388 0 0 0 508 2429 0 0 12926 17085 0 0 0 0 2449 4155 0 4284704 4143421 0 0 0 0 4300587 4167090 19581 9056 199121 392525 218702 401581 X 4081885 3765509 4081885 3765509 4300587 4167090 X -175024 53809 -195161 X false true X true false Scholarship Commitments 392525 392525 434811 60447 60447 374364 374364 751188 201800 201800 549388 549388 Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Bond Premium Amortization $6638 Unrealized Gain or Loss $53809 Part XII, Line 2d: Other expenses and losses per audited F/S Accrued Scholarship-prior year $-190725 Accrued Scholarship-current year $392525 true 0 0 Scholarship for GSB Wisconsin 3 13775 Scholarship for PCBS 68 319394 Scholarship for Banking Course 8 16000 Scholarship for GSB Colorado 1 5525 Scholarship for prof. certification 4 5590 Scholarship for Stonier 2 8998 Grantmaker's Description of How Grants are Used The Executive Committee formally approved a scholarship benefit to member banks and their employees which began in 2016. 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 Trust 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 THE YEAR. Form 990, Part VI, Section B, Line 15a There are no employees. Compensation, in the form of Administrative Fees are paid to Banker Benefits per the Administrative Services Agreement between the CBA Group Insurance and Banker Benefits. Form 990, Part VI, Section B, Line 15b Recommended changes to the Administrative Services Agreement are presented to the CBA ERISA Trust Committee by the CFO, outcome is based on majority vote of quorum of Committee Members entitled to vote. There are no employees of the Trust. Form 990, Part VI, Section C, Line 19 Governing documents are not publicly available, but will be provided upon request Form 990, Part XI, Line 9 Bond Premium Amortization-Tax = $6638 Form 990, Part XI, Line 9 Scholarship Committments paid in 2024 = $190725 Form 990, Part XI, Line 9 Add'l Granted Scholarships paid in 2024 = $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 = -$392525 Form 990, Part XI, Line 9 Rounding = -$0