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Nonprofit · EIN 51-6017917

DELAWARE BANKERS ASSOCIATION

Tax-exempt · DOVER, DE 19904

Financials

$1.4M$1.3M2023$1.6M$1.5M2024
Revenue Expenses · by fiscal year end
Financials of DELAWARE BANKERS ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990$1,631,244$1,541,568$89,676$1,707,544$250,860$1,456,684
May 31, 2024990$1,386,236$1,299,858$86,378$1,464,486$97,478$1,367,008
Financial details: 990 for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$100,000
Program service revenue
$988,251
Investment income
$60,563
Other revenue
$482,430

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$465,349
Other salaries and wages
$380,471
Salaries, compensation and benefits (total)
$1,078,523
Professional fundraising fees
$0
Occupancy
$28,972
Travel
$15,948
Program services (functional)
$1,257,344
Management and general (functional)
$284,224

Balance sheet and other

Total assets, start of year
$1,464,486
Total assets, end of year
$1,707,544
Total liabilities, end of year
$250,860
Net assets, end of year
$1,456,684
Net assets without donor restrictions
$1,456,684
Gross receipts
$1,631,244
Employees
6
Volunteers
0
Year formed
1895
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended May 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
SARAH A LONGFORMER PRESIDENT, CEO & TREASURER
Former
26$348,616
GREGORY KOSELUKSVP MKTG & PUBLIC RELATIONS
Officer
26$124,341
MARGARET CREGANCHIEF ADMINISTRATIVE OFFICER
Officer
32$122,107
MATTHEW PARKSCHAIR
Trustee or director, Officer
0.5$0
CAROLINE H DICKERSONCHAIR ELECT
Trustee or director, Officer
0.5$0
TARRIE MILLERPAST CHAIR
Trustee or director, Officer
0.5$0
DIANA CLIFTDIRECTOR AT LARGE
Trustee or director, Officer
0.5$0
NICOLAS JAFARIEHDIRECTOR AT LARGE
Trustee or director, Officer
0.5$0
ISABEL R ARAUJODIRECTOR
Trustee or director
0.5$0
LISA KIRKWOODDIRECTOR
Trustee or director
0.5$0
CHRISTINE DAVISDIRECTOR
Trustee or director
0.5$0
JASON GAUGHANDIRECTOR
Trustee or director
0.5$0
JENNIFER GOLEKDIRECTOR
Trustee or director
0.5$0
GEORGE KERNDIRECTOR
Trustee or director
0.5$0
BILL LAFONDDIRECTOR
Trustee or director
0.5$0
5 more people on this return
NameTitleHours / weekCompensation
DON MELLDIRECTOR
Trustee or director
0.5$0
GREG MIRAGLIADIRECTOR
Trustee or director
0.5$0
JOEL SCHILLERDIRECTOR
Trustee or director
0.5$0
KATIE WILKINSONDIRECTOR
Trustee or director
0.5$0
KARYN POLAKPRESIDENT, CEO & TREASURER
Officer
26$0
990 for the year ended May 31, 2024: 19 people
NameTitleHours / weekCompensationOther / benefits
SARAH A LONGPRESIDENT, CEO & TREASURER
Officer
26$304,962$30,762
MARGARET CREGANCHIEF ADMINISTRATIVE OFFICER
Officer
32$115,745$0
GREGORY KOSELUKVP MKTG & PUBLIC RELATIONS
Officer
26$111,543$0
TARRIE MILLERCHAIR
Trustee or director, Officer
0.5$0$0
MATTHEW PARKSCHAIR ELECT
Trustee or director, Officer
0.5$0$0
DIANA CLIFTDIRECTOR AT LARGE
Trustee or director, Officer
0.5$0$0
CAROLINE H DICKERSONDIRECTOR AT LARGE
Trustee or director, Officer
0.5$0$0
NICOLAS JAFARIEHDIRECTOR AT LARGE
Trustee or director, Officer
0.5$0$0
ISABEL R ARAUJODIRECTOR
Trustee or director
0.5$0$0
MIKE DAMERONDIRECTOR
Trustee or director
0.5$0$0
CHRISTINE DAVISDIRECTOR
Trustee or director
0.5$0$0
JASON GAUGHANDIRECTOR
Trustee or director
0.5$0$0
JENNIFER GOLEKDIRECTOR
Trustee or director
0.5$0$0
GEORGE KERNDIRECTOR
Trustee or director
0.5$0$0
BILL LAFONDDIRECTOR
Trustee or director
0.5$0$0
DON MELLDIRECTOR
Trustee or director
0.5$0$0
GREG MIRAGLIADIRECTOR
Trustee or director
0.5$0$0
JOEL SCHILLERDIRECTOR
Trustee or director
0.5$0$0
KATIE WILKINSONDIRECTOR
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
8 W LOOCKERMAN ST STE 200, DOVER, DE 19904-7324
Principal officer (990 for 2024)
KARYN POLAK, PO BOX 781, DOVER, DE 19903
Signed the 990
KARYN POLAK, PRESIDENT, CEO & TREASURER
Phone
(302) 678-8600
Return prepared by
PKS & COMPANY PA

Mission

WE ADVOCATE FOR THE FINANCIAL SERVICES INDUSTRY; WE EDUCATE AND DEVELOP FINANCIAL LEADERS; WE PRESERVE AND PROMOTE THE FINANCIAL WELL-BEING OF ALL PEOPLE; WE ARE COMMITTED TO BUILDING TRUE BELONGING, DIVERSITY, EQUITY AND INCLUSION IN THE WORKPLACE ACROSS THE INDUSTRY.

990 for the year ended May 31, 2025

Program accomplishments

  • SEE SCHEDULE O
    Expenses $1,257,344 · revenue $988,251

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990 on file
2023May 31, 2024October 15, 2024990 on file

IRS record

EIN
51-6017917
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1945
Accounting year ends
May
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,707,544
Income (IRS master file)
$1,631,244

Filing history

FormYear endedRevenueExpensesAssetsReturn
990May 2025$1,631,244$1,541,568$1,707,544XML
990May 2024$1,386,236$1,299,858$1,464,486XML
990May 2023$1,385,400$1,239,468$1,395,060IRS
990May 2022–––IRS
990May 2021–––IRS
990May 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 51-6017917).

Questions about DELAWARE BANKERS ASSOCIATION

What is the EIN of DELAWARE BANKERS ASSOCIATION?
The employer identification number (EIN) of DELAWARE BANKERS ASSOCIATION is 51-6017917.
Is DELAWARE BANKERS ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1945.
Are donations to DELAWARE BANKERS ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does DELAWARE BANKERS ASSOCIATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of DELAWARE BANKERS ASSOCIATION due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DELAWARE BANKERS ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended May 2025.
Who is the principal officer of DELAWARE BANKERS ASSOCIATION?
The 990 for the year ended May 31, 2025 names KARYN POLAK.
Who are the officers and directors of DELAWARE BANKERS ASSOCIATION?
The 990 for the year ended May 31, 2025 lists 20 people; 3 received compensation from the organization, the highest $348,616 (SARAH A LONG, FORMER PRESIDENT, CEO & TREASURER).
How much revenue does DELAWARE BANKERS ASSOCIATION have?
On its 990 for the year ended May 31, 2025 it reported revenue of $1,631,244, expenses of $1,541,568 and total assets of $1,707,544 at year end.

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