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Organizations Massachusetts Bankers Association Inc.

Massachusetts Bankers Association Inc.

Fiscal year ending 2022. Filed on November 15, 2023.

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 2022 IRS Form 990 filing, Massachusetts Bankers Association Inc., a 501(c)(6) business league, reported compensation for 10 out of 24 total employees. Among the employees shown here, the average compensation is $325,893. The highest compensated employee at Massachusetts Bankers Association Inc. is Kathleen Murphy with fiscal year 2022 compensation of $903,548.

Revenue, expenses, and employee compensation

Revenue

$16,257,627

Expenses

$6,818,675

Employee compensation

$3,633,297
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kathleen Murphy
President and Chief Executive Officer
$903,548
$735,248 No related comp$168,300
Jon Karl Skarin Ended 1122
Executive Vice President, Legistlative and Regulatory
$597,360
$563,488 No related comp$33,872
Tanya M Duncan
Senior Vice President Corporate Policy
$354,561
$321,787 No related comp$32,774
Diana Webster-Campbell
Database and OPER MGR (Ended 09/22)
$228,350
$210,165 No related comp$18,185
Brad S Papalardo
Vice President Gov'T Affairs and Counsel/Clerk
$225,259
$196,998 No related comp$28,261
William Tsoules
Senior Vice President and CFO, Director
$199,200
$179,462 No related comp$19,738
Ben Craigie
Director of Compliance and Traini
$194,589
$169,328 No related comp$25,261
Scott Gorman
GIT Administration
$192,421
$168,181 No related comp$24,240
Annie Coldstream
Vice President of Member Services and HR
$192,178
$165,480 No related comp$26,698
Meghan McCarthy
Vice President, Professional Development
$171,462
$154,981 No related comp$16,481

Benchmark Employee Compensation

Non-Employee Board Members

Denis A Sheahan
Director
Elizabeth J Oliver
Director
Harold M Horvat
Director
James M Dunphy
Director
Jane C Walsh
Director
Jeffrey A Worth
Director
Kathleen C Marcum
Director
Kevin M Tierney
Director
Lisa Murray As of 3322
Director
Mark R O'Connell
Chair
Martin F Connors
Director
Matthew S Sosik
Director

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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