Public Charity

MASSACHUSETTS BANKERS ASSOCIATION INC

MASSACHUSETTS BANKERS ASSOCIATION INC, of BOSTON, MA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $7.1M in revenue, $7.2M in expenses, $27.7M in total assets.

EIN: 041589780 BOSTON, MA Latest filing: 2024
Total Revenue$7.1M
Total Expenses$7.2M
Total Assets$27.7M
Grant Records0
Filing Years2019–2024

Mission

THE MASSACHUSETTS BANKERS ASSOCIATION WAS FOUNDED IN 1905 WITH A GUIDING PRINCIPLE TO PROMOTE BANKING WITHIN THE COMMONWEALTH. A KEY PART OF THAT MISSION IS TO PROVIDE OUR MEMBERS, THE PUBLIC AND MEDIA WITH UP-TO-DATE INFORMATION RELATING TO THE ASSOCIATION AND THE BANKING INDUSTRY. PLEASE EXPLORE OUR RESOURCES TO LEARN MORE ABOUT THE ASSOCIATION, USE OUR RESOURCES AND LEARN HOW YOU CAN HELP PROMOTE THIS CRITICAL INDUSTRY.OUR MISSION IS TO BE THE PREMIER PARTNER AND TRUSTED RESOURCE FOR OUR MEMBERS THROUGHOUT MASSACHUSETTS AND ACROSS NEW ENGLAND. WE WILL ACCOMPLISH OUR MISSION THROUGH A PROACTIVE FOCUS ON EXCEPTIONAL SOLUTIONS, ADVOCACY AND THOUGHT LEADERSHIP FOR THE BANKING INDUSTRY.MASSACHUSETTS BANKERS ASSOCIATION IS THE UNITED VOICE PROPELLING OUR MEMBERS' SUCCESS IN A DYNAMIC INDUSTRY AND RAPIDLY CHANGING WORLD.

Officers & Directors

TREASURER/DIRECTOR Anne Tangen
VP OF MEMBER ENGAGEMENT & HR Annie Coldstream
SVP, PROFESSIONAL DEVELOPMENT GROUP Benjamin Craigie
CLERK/SVP GOV'T AFFAIRS & GENERAL COUNSEL Brad S Papalardo
VP OF ADMINISTRATION GROUP INS. TRUST Chad Pook
DIRECTOR Denis A Sheahan

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $7.1M $7.2M $27.7M
2023 $7.7M $7.0M $26.7M
2022 $16.3M $6.8M $24.5M
2020 $5.4M $4.8M $14.4M
2019 $8.0M $6.6M $13.8M

Between 2019 and 2024, reported annual revenue declined from $8.0M to $7.1M (-10%), with total assets most recently reported at $27.7M.

Interactive year-over-year charts and full filing details available with membership.

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