2026-03-03T07:48:03-06:00 2025-06-30 382157642 MANER COSTERISAN PC 2425 E GRAND RIVER SUITE 1 LANSING MI 489123291 990 2024-07-01 380823040 MICHIGAN BANKERS ASSOCIATION MICH 5174853600 507 SOUTH GRAND AVENUE LANSING MI 48933 MATTHEW SZUBINSKI CFO/COO 5174853600 2026-02-13 1 1 AMBER RATHBUN CPA P01786612 5173237500 2026-02-10 2024 2025-03-06 01:10:19Z MATTHEW SZUBINSKI 507 SOUTH GRAND AVENUE LANSING MI 48933 4012294 0 X WWW.MICHIGAN.BANK X 1981 MI ADVOCATING FOR AND SUPPORTING BANKING. 15 14 13 250 507160 29106 0 0 3175571 3258992 115339 146028 194080 189930 3484990 3594950 0 0 0 0 1888893 1915802 0 0 0 1396228 1441760 3285121 3357562 199869 237388 7696864 7890381 3102432 2998023 4594432 4892358 ADVOCATING FOR AND SUPPORTING BANKING. 0 0 ADVOCATING FOR AND SUPPORTING BANKING. 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 0 0 1 31 0 1 13 1 1 1 0 0 0 0 0 0 0 X 15 14 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X MATTHEW SZUBINSKI 5174853600 507 SOUTH GRAND AVENUE LANSING MI 48933 T RANN PAYNTER PRESIDENT & CEO 36.00 9.00 X X 465628 0 58116 MICHAEL BICKERS DIRECTOR 1.00 X 0 0 0 RAYMOND REITSMA DIRECTOR 1.00 X 0 0 0 JENNY MEIER DIRECTOR 1.00 X 0 0 0 MATTHEW CLARKE DIRECTOR 1.00 X 0 0 0 EDWIN H EICHLER DIRECTOR 1.00 X 0 0 0 KENNETH KELLY DIRECTOR 1.00 X 0 0 0 JASON HYSKA DIRECTOR 1.00 X 0 0 0 MARK SAVOIE DIRECTOR 1.00 X 0 0 0 JOSEPH WILLIAMS DIRECTOR 1.00 X 0 0 0 DONNELL WHITE DIRECTOR 1.00 X 0 0 0 MATTHEW KEENE TREASURER 1.00 X X 0 0 0 ERIC BECKHUSEN CHAIR-ELECT 1.00 X X 0 0 0 RAYMOND A BIGGS CHAIR 1.00 X X 0 0 0 ROXANNE DAUST IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 MATTHEW D SZUBINSKI CFO/COO 45.00 X 174745 0 34804 PATRICIA HERNDON CHIEF POLICY OFFICER 45.00 X 185927 0 45953 STEPHANIE FISHER SENIOR VP, EDUCATION 45.00 X 108651 0 26153 JILL VERSCHEURE SENIOR VP, MBASC 45.00 X 106700 0 10538 1041651 0 175564 5 0 1 0 GHMI RESORT LLC 286 GRAND AVENUE MACKINAC ISLAND MI 49757 CONVENTION HOSTING 128782 1 MEMBERSHIP DUES 900099 1759467 1759467 EDUCATIONAL PROGRAMS 900099 984624 984624 MEMBER SERVICES 541900 431672 431672 AD SALES 541900 75488 75488 MISCELLANEOUS PROGRAM 900099 4741 4741 3000 3000 3258992 114156 114156 65000 65000 162102 37172 124930 124930 124930 412044 380172 31872 31872 31872 3594950 2751832 507160 335958 723060 877359 44388 177428 93567 13832 21713 1269 7085 18576 227414 131405 95723 633975 139443 32790 UBI TAX EXPENSE 842 OTHER ADMIN EXPENSES 44167 PUBLIC RELATIONS 23701 STAFF DEVELOPMENT 21182 28643 3357562 1115859 1224545 1824962 1977445 53271 69488 82977 134105 4057827 2001410 2204042 2056417 1127057 1242061 1288696 1186320 7696864 7890381 645234 770513 1447477 1341564 1009721 885946 3102432 2998023 X 0 0 0 0 4594432 4892358 4594432 4892358 7696864 7890381 237388 60538 0 X 0 1 X 1 0 MICHIGAN BANKER'S ASSOCIATION (MIBANK PAC) STATE 507 SOUTH GRAND AVENUE LANSING MI 48933 382744753 8112 0 0 0 1759467 389094 -11074 378020 439867 -61847 3103386 1306572 1796814 158827 100671 58156 795614 594167 201447 2056417 INTEREST RECEIVABLE 57111 ACCOUNTS RECEIVABLE - LEASE 907627 DUE FROM MBA SERVICE CORP 71582 INVESTMENT IN MBA SERVICE CORPORATI 150000 1186320 DEFERRED REVENUE - LEASE 876739 SECURITY DEPOSIT 9207 885946 X PART X, LINE 2: IN THE PREPARATION OF TAX RETURNS, TAX POSITIONS ARE TAKEN BASED ON INTERPRETATION OF FEDERAL, STATE AND LOCAL INCOME TAX LAWS. MANAGEMENT PERIODICALLY REVIEWS AND EVALUATES THE STATUS OF UNCERTAIN TAX POSITIONS AND MAKES ESTIMATES OF AMOUNTS, INCLUDING INTEREST AND PENALTIES, ULTIMATELY DUE OR OWED. NO AMOUNTS HAVE BEEN IDENTIFIED, OR RECORDED, AS UNCERTAIN TAX POSITIONS. FEDERAL, STATE AND LOCAL TAX RETURNS GENERALLY REMAIN OPEN FOR EXAMINATION BY THE VARIOUS TAXING AUTHORITIES FOR A PERIOD OF THREE TO FOUR YEARS. X 0 0 X X X X 0 1 0 T RANN PAYNTER PRESIDENT & CEO 410799 0 38740 0 16089 0 37600 0 20516 0 523744 0 12439 0 PATRICIA HERNDON CHIEF POLICY OFFICER 178327 0 7600 0 0 0 15652 0 30301 0 231880 0 0 0 MATTHEW D SZUBINSKI CFO/COO 160745 0 14000 0 0 0 14680 0 20124 0 209549 0 0 0 PART I, LINE 1B HEALTH AND SOCIAL CLUB DUES ARE PAID BY MICHIGAN BANKERS ASSOCIATION AND ARE REFLECTED ON FORM W-2. PART I, LINE 4B T. RANN PAYNTER, THE PRESIDENT & CEO OF MICHIGAN BANKERS ASSOCIATION, RECEIVED 457(F) COMPENSATION IN THE AMOUNT OF $14,600 DURING THE CALENDAR YEAR 2024. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION ELECTS PERSONS TO THE BOARD OF DIRECTORS BY VOTE FROM ITS MEMBERS IN ADHERENCE TO THE POLICY SET FORTH IN ITS BYLAWS. MEMBERS OF THE BOARD ARE ELECTED FROM VARIOUS REGIONS THROUGH A BALLOTING PROCESS. FORM 990, PART VI, SECTION A, LINE 7B AMENDMENTS TO THE ORGANIZATION'S BYLAWS REQUIRE APPROVAL BY THE MEMBERSHIP SUBJECT TO MAJORITY VOTE. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE CFO AND ANY QUESTIONS OR CONCERNS ARE ADDRESSED WITH THE CPA FIRM BEFORE FILING. A COPY OF THE 990 IS ALSO PROVIDED TO THE BOARD BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY ALL OFFICERS AND DIRECTORS OF THE ASSOCIATION ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST BY FILLING OUT A FORM DISCLOSING ALL CONFLICTS AND SIGNING. IN ADDITION, OFFICERS AND DIRECTORS ARE ENCOURAGED TO BRING TO THE ASSOCIATION'S ATTENTION ANY NEW INTEREST THAT COULD GIVE RISE TO CONFLICT THAT HAPPEN DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE OFFICERS OF THE BOARD OF DIRECTORS ANNUALLY REVIEW THE COMPENSATION OF THE CEO OF THE ASSOCIATION. THE CEO COMPLETES AN ANNUAL REVIEW AND UPDATES THE STRATEGIC PLAN FOR THE ASSOCIATION NOTING BOTH SUCCESS AND CHALLENGES IN OBTAINING STRATEGIC GOALS. THE OFFICERS WILL GO OVER THE CEO'S REVIEW ALONG WITH THE STATUS OF THE STRATEGIC PLAN WHEN DETERMINING HIS/HER COMPENSATION. PROVIDED ARE COST OF LIVING ANALYSIS, OTHER TOOLS SUCH AS SALARY SURVEYS AND OTHER EXECUTIVE'S COMPENSATION TAKEN FROM SIMILAR ORGANIZATIONS. ALL OF THIS INFORMATION IS TAKEN INTO CONSIDERATION FOR DETERMINING THE CEO'S SALARY FOR THE NEXT FISCAL YEAR. THE CEO IS THE ONLY OFFICER OF THE ASSOCIATION THAT RECEIVES COMPENSATION FROM THE BOARD. THE CEO OF THE ASSOCIATION DETERMINES THE COMPENSATION OF ALL OTHER EMPLOYEES. THE CEO WILL LOOK AT AN EMPLOYEE'S ANNUAL REVIEW, ACCOMPLISHMENTS DURING THE PAST YEAR AND FUTURE GOALS, AS WELL AS COST OF LIVING ANALYSIS FOR THE PAST YEAR, SALARY SURVEYS, AS WELL AS OTHER KEY EMPLOYEE'S COMPENSATION TAKEN FROM SIMILAR ORGANIZATIONS. THE CEO WILL TAKE INTO CONSIDERATION ALL OF THIS INFORMATION WHEN DETERMINING AN EMPLOYEE'S SALARY FOR THE NEXT FISCAL YEAR. THE ANNUAL BUDGET IS APPROVED BY THE BOARD OF DIRECTORS WHICH INCLUDES SPECIFIC LINE ITEM DETAIL ON ALL ASPECTS OF COMPENSATION AND BENEFITS FOR THE ASSOCIATION EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES AVAILABLE TO THE PUBLIC THE INFORMATION AS REQUIRED FOR PUBLIC DISCLOSURE UPON REQUEST. THE FORM 990 AND SUPPORTING SCHEDULES ARE ALSO AVAILABLE ON GUIDESTAR'S WEBSITE. ANNUALLY A STATEMENT OF CONDITION IS PROVIDED TO ALL MEMBERS OF THE ASSOCIATION. ADDITIONAL INFORMATION, SUCH AS GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS WILL BE PROVIDED TO INDIVIDUALS UPON REQUEST ON A CASE BY CASE BASIS. FORM 4562 EMPLOYER IDENTIFICATION NUMBER: 38-0823040 FOR THE YEAR ENDING JUNE 30, 2025 MICHIGAN BANKERS ASSOCIATION, HEREBY ELECTS, PURSUANT TO IRC SEC. 168(K)(2)(D)(III), NOT TO CLAIM THE ADDITIONAL DEPRECIATION ALLOWABLE UNDER IRC SEC. 168(K) FOR THE FOLLOWING QUALIFYING PROPERTY PLACED IN SERVICE DURING THE TAX YEAR ENDING JUNE 30, 2025. ALL PROPERTY IN THE 3, 7, 10, 15, AND 20 YEAR CLASSES. SEE ATTACHED FORM 4562. MBA SERVICE CORPORATION 507 SOUTH GRAND AVENUE LANSING MI 48933 382720148 INSURANCE MI MICHIGAN BANKERS ASSOCIATION C 707214 828060 1.00000 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 MBA SERVICE CORPORATION A 65000 ACTUAL MBA SERVICE CORPORATION A 34000 ACTUAL MBA SERVICE CORPORATION L 431672 ACTUAL