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MICHIGAN BANKERS ASSOCIATION

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Public IRS 990 nonprofit record

MICHIGAN BANKERS ASSOCIATION

EIN 38-0823040 · Education (B)

What they do

ADVOCATING for and SUPPORTING BANKING.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe explanation is very short. Ask what work they really do.

They name their leaders19 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$93.40spent for every $100 of revenueRevenue covered expenses this year.
$2.35in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $523,744 for T RANN PAYNTER (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$3,594,950
Expenses$3,357,562
Annual surplus $237,388 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$3,594,950
Expenses$3,357,562
Assets$7,890,381
Income$4,012,294
Stocks and bonds$1,242,061
Accounting fees$21,713
Investing fees$7,085
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
T RANN PAYNTERPRESIDENT & CEO · 36 hrs/week $523,744Base $465,628 · Other $58,116
PATRICIA HERNDONCHIEF POLICY OFFICER · 45 hrs/week $231,880Base $185,927 · Other $45,953
MATTHEW D SZUBINSKICFO/COO · 45 hrs/week $209,549Base $174,745 · Other $34,804
STEPHANIE FISHERSENIOR VP, EDUCATION · 45 hrs/week $134,804Base $108,651 · Other $26,153
JILL VERSCHEURESENIOR VP, MBASC · 45 hrs/week $117,238Base $106,700 · Other $10,538

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (19)

T RANN PAYNTERPRESIDENT & CEO

PATRICIA HERNDONCHIEF POLICY OFFICER

MATTHEW D SZUBINSKICFO/COO

STEPHANIE FISHERSENIOR VP, EDUCATION

JILL VERSCHEURESENIOR VP, MBASC

MATTHEW CLARKEDIRECTOR

ROXANNE DAUSTIMMEDIATE PAST CHAIR

RAYMOND A BIGGSCHAIR

RAYMOND REITSMADIRECTOR

MICHAEL BICKERSDIRECTOR

MATTHEW KEENETREASURER

DONNELL WHITEDIRECTOR

MARK SAVOIEDIRECTOR

KENNETH KELLYDIRECTOR

JOSEPH WILLIAMSDIRECTOR

JENNY MEIERDIRECTOR

JASON HYSKADIRECTOR

ERIC BECKHUSENCHAIR-ELECT

EDWIN H EICHLERDIRECTOR

About this charity

Recognized since
January 1944
Location
507 S GRAND AVE, LANSING, MI 48933-2405
County
Ingham
In care of
MATTHEW SZUBINSKI
Primary officer
MATTHEW SZUBINSKI, CFO/COO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
MANER COSTERISAN PC
NTEE classification
Education (B)
IRS tax category
Education

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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