2025-03-14T14:04:50-05:00 2024-06-30 390758449 WIPFLI LLP 43 CONSTITUTION DRIVE SUITE 100 BEDFORD NH 03110 990 2023-07-01 020235648 NEW HAMPSHIRE BANKERS ASSOCIATION NEWH 6032245373 PO BOX 2586 CONCORD NH 033022586 KRISTY MERRILL PRESIDENT 6032245373 2025-02-26 1 1 LANCE R TURGEON P00627708 6036273838 2025-02-26 2023 2025-03-06 01:10:19Z KRISTY MERRILL PO BOX 2586 CONCORD NH 033022586 1513946 0 X WWW.NHBANKERS.COM X 1892 NH TO PROVIDE SERVICES TO MEMBER BANKS AND TO FOSTER A BANKING ENVIRONMENT THAT STRENGTHENS OUR COMMUNITIES. 8 8 5 8 22800 0 0 0 1205300 1247890 480591 120250 309889 145806 1995780 1513946 0 0 0 0 757055 803101 0 0 0 859536 823895 1616591 1626996 379189 -113050 2270715 2485357 398489 726181 1872226 1759176 X TO PROVIDE SERVICES TO MEMBER BANKS AND FOSTER A BANKING ENVIRONMENT THAT STRENGTHENS OUR COMMUNITIES. 0 0 SEE BELOW FOR THE SCHEDULE OF CONFERENCES AND SEMINARS HELD FOR MEMBER BANKS-ATTENDANCE CONSISTS OF MEMBER BANKS' EMPLOYEES:ANNUAL CONFERENCECFOCOMPLIANCE CONFERENCECAPITAL DAYCREDIT ANALYST PROGRAMCOMMERCIAL LENDINGDIRECTORS COLLEGEEMERGING LEADERSFALL COMPLIANCEWOMEN'S GOLF TOURNAMENTMORTGAGENNESOBCEO/SR. MANAGEMENTSBSSBA AWARDSBANK SECRECYSECURITYSPRING CEONNE CEOTEXAS TEL/WEBTRUSTTRI-STATE MORTGAGEWOMEN IN BANKINGABA RESELLER AGREEMENTSHE GETS ITTRUST FORUMTRUSTEES & DIRECTORANNUAL MEETINGFALL WASH 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 20 0 1 5 1 1 1 0 0 0 0 0 0 0 X 8 8 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NH X SANDRA TRACY 6032245373 2 EAGLE SQUARE 2ND FLOOR CONCORD NH 03301 KRISTY MERRILL PRESIDENT 50.00 5.00 X 201351 0 38965 SANDRA TRACY SVP/COO 39.00 1.00 X 142950 0 63815 RYAN HALE V. PRES-GOVT RLTS 40.00 X 130930 0 13146 LINDA LORDEN CHAIR 1.00 X X 0 0 0 JOAN GILE VICE CHAIR 1.00 X X 0 0 0 JACK CLANCY VICE CHAIR/DIRECTOR (THRU JUNE) 1.00 X X 0 0 0 CHRIS LOGAN SECRETARY 1.00 X X 0 0 0 JAMES BRANNEN TREASURER 1.00 X X 0 0 0 STEVEN BYRNES DIRECTOR 1.00 X 0 0 0 LLOYD HAMM DIRECTOR 1.00 X 0 0 0 KENNETH R SHELDON DIRECTOR 1.00 X 0 0 0 G FRANK TEAS DIRECTOR 1.00 X 0 0 0 475231 0 115926 3 0 1 0 GALLAGHER CALLAHAN AND GARTRELL 214 N MAIN ST CONCORD NH 03302 LEGAL SERVICES 136600 1 MEMBERSHIP DUES 900099 727131 727131 CONVENTIONS AND CONFER 611430 520759 520759 1247890 120250 120250 70931 70931 600 0 600 600 600 NNESOB,NESFS, ETC. 561000 46475 45475 1000 INSURANCE TRUST 541800 21800 21800 ADMIN FEE- NHBS, LLC 561000 6000 6000 74275 1513946 1299365 22800 191781 606491 111136 40137 45337 58500 54153 78100 7248 74167 14972 43072 67403 24270 325434 17482 15774 DUES AND SUBSCRIPTIONS 11389 BUSINESS ENTERPRISE TAX 3810 TAXES UBIT 70 28051 1626996 599831 68230 1102685 1869562 48267 23900 1871 35975 91154 118633 49492 82991 69141 400966 361499 2270715 2485357 118192 30900 430108 280297 265173 398489 726181 X 1872226 1759176 1872226 1759176 2270715 2485357 -113050 0 X X 0 1 X 1 0 0 0 1 727131 95876 -61478 34398 111033 -76635 61145 15564 45581 57488 33928 23560 69141 INVESTMENT - NHBS, LLC 22500 INVESTMENT - COMMUNITY BANKERS ASSOCIATION OF NH 95572 INVESTMENT - OTHER 3000 RIGHT OF USE ASSET - OFFICE SPACE 240427 361499 RIGHT OF USE LIABILITY - OFFICE SPACE 241520 DEFERRED COMPENSATION LIABILITY 23653 265173 X 1188512 0 1188512 325434 325434 1513946 1301492 0 1301492 325504 325504 1626996 PART X, LINE 2: THE ASSOCIATION'S MANAGEMENT EVALUATES TAX POSITIONS TAKEN BY THE ASSOCIATION AND RECOGNIZES A TAX LIABILITY IF THE ASSOCIATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY APPLICABLE TAX AUTHORITIES. THE ASSOCIATION'S MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ASSOCIATION AND HAS CONCLUDED THAT THROUGH JUNE 30, 2024 THERE ARE NO SIGNIFICANT UNCERTAIN POSITIONS TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ASSOCIATION IS SUBJECT TO ROUTINE AUDITS BY TAXING AUTHORITIES; HOWEVER THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIOD IN PROGESS. PART XI, LINE 4B - OTHER ADJUSTMENTS: CONVENTION AND CONFERENCE EXPENSES PART XII, LINE 4B - OTHER ADJUSTMENTS: CONVENTION AND CONFERENCE EXPENSES PROVISION FOR INCOME TAXES 0 0 0 KRISTY MERRILL PRESIDENT 184971 0 16380 0 0 0 26756 0 12209 0 240316 0 0 0 SANDRA TRACY SVP/COO 134576 0 8374 0 0 0 28978 0 34837 0 206765 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS ARE ELECTED AS FOLLOWS: BANKS, BY LETTER OF INTENT TO JOIN, AND ASSOCIATE MEMBERS AND FIDUCIARY TRUSTS, BY FORMAL APPLICATION, APPLY FOR MEMBERSHIP IN THE ASSOCIATION WHICH ARE SUBJECT TO APPROVAL BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A THE ASSOCIATION IS A MEMBERSHIP ORGANIZATION. THE MEMBERS ELECT THE BOARD OF DIRECTORS AND OFFICERS AT THEIR ANNUAL MEETING. THE BOARD MEETS MONTHLY TO REVIEW THE ASSOCIATION FINANCIAL REPORTS AND DISCUSS OTHER ASSOCIATION MATTERS. BOARD MEMBERS CANNOT ELECT OTHER BOARD MEMBERS EXCEPT IN THEIR CAPACITY AS REGULAR ASSOCIATION MEMBERS AT THE ANNUAL MEETING. MEMBERS JOIN THE ASSOCIATION AS DESCRIBED IN THE ANSWER TO PART VI, LINE 6. FORM 990, PART VI, SECTION A, LINE 7B REGULAR ASSOCIATION BUSINESS DECISIONS ARE MADE BY THE BOARD OF DIRECTORS. ANY CHANGES IN BY-LAWS OR IN ORGANIZATIONAL STRUCTURE WOULD BE APPROVED BY THE GENERAL MEMBERSHIP BY POLLING DURING THE YEAR, IF NECESSARY, OR AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B EACH BOARD MEMBER IS GIVEN A COPY OF THE FORM 990. BOARD MEMBERS REVIEW AND VOTE ON THE AUDIT REPORT, WHICH AGREES WITH ALL FIGURES IN THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C POLICY DISTRIBUTED ANNUALLY TO BOARD MEMBERS FORM 990, PART VI, SECTION B, LINE 15 A COMPENSATION COMMITTEE DETERMINES THE PRESIDENT'S SALARY AND FUTURE SALARY ADJUSTMENTS. A CONSULTANT IS RETAINED TO PROVIDE COMPARABLE DATA ON COMPARABLE POSITIONS FOR THE COMMITTEE'S USE IN ESTABLISHING THE PRESIDENT'S SALARY AND BENEFIT LEVELS. FORM 990, PART VI, SECTION C, LINE 19 THE NEW HAMPSHIRE BANKERS ASSOCIATION MAKES AVAILABLE TO THE PUBLIC ALL DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS TO THOSE REQUESTING THEM. FORM 990, PART XII, LINE 2C: THERE HAS BEEN NO CHANGE IN THE AUDIT COMMITTEE OVERSIGHT PROCESS FROM THE PRIOR YEAR. NEW HAMPSHIRE BANKERS ASSOCIATION INSURANCE TRUST PO BOX 2586 CONCORD NH 033022586 026005138 SEE SCHEDULE R SUPPLEMENTAL INFORMATION NH 501(C)(9) N/A 0 COMMUNITY BANKERS ASSOCIATION OF NH PO BOX 2586 CONCORD NH 033022586 020382929 SEE SCHEDULE R SUPPLEMENTAL INFORMATION NH 501(C)(6) N/A 0 NH BANKERS ASSOCIATION FEDERAL BANKPAC PO BOX 2586 CONCORD NH 033022586 POLITICAL ACTION COMMITTEE NH 527 N/A 0 NH BANKERS ASSOCIATION STATE BANKPAC PO BOX 2586 CONCORD NH 033022586 POLITICAL ACTION COMMITTEE NH 527 N/A 0 NEW HAMPSHIRE BANKERS SERVICES LLC PO BOX 2586 CONCORD NH 033022586 208937557 SEE SCHEDULE R SUPPLEMENTAL INFORMATION NH NEW HAMPSHIRE BANKERS ASSOCIATION C 146762 138169 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 NEW HAMPSHIRE BANKERS ASSOCIATION INSURANCE TRUST M 47000 AMOUNT PAID DURING YEAR NEW HAMPSHIRE BANKERS ASSOCIATION INSURANCE TRUST N 32331 AMOUNT PAID DURING YEAR NEW HAMPSHIRE BANKERS SERVICES LLC P 21800 AMOUNT PAID DURING YEAR SCHEDULE R - PART II - LINE 1 - COL (B) - PRIMARY ACTIVITY: NEW HAMPSHIRE BANKERS INSURANCE TRUST (NHBAIT) PROVIDES MEMBERS BANKS THE OPPORTUNITY TO PURCHASE GROUP INSURANCE BY ADMINISTERING EMPLOYEE BENEFIT PLANS. SCHEDULE R - PART II - LINE 2 - COL (B) - PRIMARY ACTIVITY: COMMUNITY BANKERS ASSOCIATION OF NEW HAMPSHIRE PROMOTES THE GENERAL WELFARE AND USEFULNESS OF COMMUNITY BANKS AND BANKING INSTITUTIONS WITHIN THE STATE OF NEW HAMPSHIRE. SCHEDULE R - PART IV - LINE 1 - COL (B) - PRIMARY ACTIVITY: NEW HAMPSHIRE BANKERS SERVICES, LLC PROVIDES NEW HAMPSHIRE BANKERS INSURANCE TRUST (NHBAIT) WITH ADMINISTRATIVE SERVICES, INSURANCE PRODUCTS AND SERVES AS INSURANCE AGENT. NEW HAMPSHIRE BANKERS SERVICES, LLC IS A TAXABLE ENTITY AND AS SUCH, FILES CORPORATE INCOME TAX RETURN (FORM 1120) ANNUALLY.