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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Massachusetts Bankers Association Inc.

Massachusetts Bankers Association Inc.

Fiscal year ending 2016. Filed on November 6, 2017.

One Washington Mall 8th Floor
Boston, Massachusetts 02108

Massachusetts Bankers Association Inc. (EIN: 04-1589780) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2016 IRS Form 990 filing, Massachusetts Bankers Association Inc., a 501(c)(6) business league, reported compensation for 7 out of 24 total employees. Among the employees shown here, the average compensation is $806,516. The highest compensated employee at Massachusetts Bankers Association Inc. is Daniel J Forte with fiscal year 2016 compensation of $4,152,831.

Revenue, expenses, and employee compensation

Revenue

$6,955,792

Expenses

$6,670,443

Employee compensation

$3,572,170
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Daniel J Forte
President and Chief Executive Officer
$4,152,831
$3,932,113 No related comp$220,718
Kevin F Kiley
Clerk/Evp/Coo
$543,855
$507,489 No related comp$36,366
Jon Karl Skarin
Senior Vice President
$307,491
$273,971 No related comp$33,520
Bruce Spitzer
Communications Director
$190,631
$165,341 No related comp$25,290
Francesca G Bertolino
Senior Vice President and Chief Financial Officer
$184,809
$168,364 No related comp$16,445
Ben Craigie
Director of Compliance and Training
$144,720
$121,443 No related comp$23,277
Theresa A Reardon
Executive Director Mfsia
$121,277
$112,982 No related comp$8,295

Benchmark Employee Compensation

Non-Employee Board Members

Brian W Thompson
Director
Charles P O'Brien
Vice Chair
David J Laflamme
Director
Donald P Gill
Director
Donna L Boulanger
Director
Gilda M Nogueira
Chair
James C Lively
Immediated Past Chairman
John R Wiseman
Director
Jonathan W Pierce
Director
Joseph T Baptista Jr
Director
Mark A Crandall
Director
Michael A Lee
Director

Contractors

Sari Greene Group
Speaker Fees
$112,701

Mission Statement

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.

Revisions to this organization profile

November 14, 2025:
2024 Massachusetts Bankers Association Inc. 990 filed
November 4, 2024:
2023 Massachusetts Bankers Association Inc. 990 filed
November 15, 2023:
Amended (originally filed November 8, 2023)2022 Massachusetts Bankers Association Inc. 990 filed

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