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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 Minnesota Bankers Association

Minnesota Bankers Association

Fiscal year ending 2024. Filed on April 10, 2025.

8050 Washington Avenue South 150
Eden Prairie, Minnesota 55344

Minnesota Bankers Association (EIN: 41-1329720) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, Minnesota Bankers Association, a 501(c)(6) business league, reported compensation for 7 out of 23 total employees. Among the employees shown here, the average compensation is $236,946. The highest compensated employee at Minnesota Bankers Association is Joseph Witt with fiscal year 2024 compensation of $509,865.

Revenue, expenses, and employee compensation

Revenue

$3,782,286

Expenses

$4,025,177

Employee compensation

$2,102,554
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Joseph Witt
President and Chief Executive Officer
$509,865
$442,753 No related comp$67,112
Tess Rice
General Counsel
$274,902
$235,554 No related comp$39,348
Jay Tamborino
IT Consultant
$240,753
$213,968 No related comp$26,785
Diane Brower
Human Resources Director
$169,099
$135,914 No related comp$33,185
Carla Bush
Education Director
$164,092
$152,194 No related comp$11,898
Tom Boswell-Healey
Compliance Consultant
$151,149
$140,870 No related comp$10,279
Therese Kuvaas
Senior GR Manager
$148,761
$126,927 No related comp$21,834

Benchmark Employee Compensation

Non-Employee Board Members

Andy Schornack
Vice Chair and Treasurer
Brian Matzke
Director
Doug Tate
Chair
Erin Procko
Director
Greg Evans
Director
Jim Boerjan
Director
John Ohlin
Director
Josh Johnson
Director
Ralph Pace
Director
Rich Hoban
Former Chair
Troy Rosenbrook
Director

Mission Statement

Our mission is to provide quality products and services to our members and to ensure that they receive excellent value for their membership.

Revisions to this organization profile

April 10, 2025:
2024 Minnesota Bankers Association 990 filed
May 15, 2024:
2023 Minnesota Bankers Association 990 filed
November 23, 2022:
2022 Minnesota Bankers Association 990 filed

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Minnesota Bankers Association Employee Benefits Trust
Eden Prairie, Minnesota