2024-11-13T13:43:30-06:00 2023-12-31 251616561 S R SNODGRASS PC 2009 MACKENZIE WAY SUITE 340 CRANBERRY TOWNSHIP PA 16066 990 2023-01-01 251672295 PENNSYLVANIA ASSOCIATION OF COMMUNITY BANKERS PENN 7172317447 800 NORTH 3RD STREET 304 HARRISBURG PA 17102 KEVIN L SHIVERS PRESIDENT/CEO 7172317447 2024-11-12 1 1 DANELLE R STEWART CPA P00535522 7249340344 2024-11-12 2023 2024-10-15 13:58:12Z KEVIN L SHIVERS 800 NORTH 3RD STREET 304 HARRISBURG PA 17102 1411182 0 X WWW.PACB.ORG X 1992 PA TO ASSIST ITS MEMBERS IN SERVING THEIR SHAREHOLDERS, ACCOUNT HOLDERS, CUSTOMERS AND EMPLOYEES COMPETENTLY AND PROFESSIONALLY; TO PROVIDE ITS MEMBERS THE MEANS TO REMAIN VIABLE PROGRESSIVE FINANCIAL INSTITUTIONS; TO REPRESENT THE MEMBERSHIP BY PROMOTING A UNIFIFED PHILOSOPHY AND THROUGH EMPHASIZING LEGISLATIVE AND REGULATORY LOBBYING, EDUCATION, MEMBERSHIP COMMUNICATION AND COOPERATIVE AND PROMOTIONAL SERVICES WHICH ARE ORIENTED TOWARD COMMUNITY BANKING. 28 28 10 54 0 0 0 0 1116661 1194078 3651 39333 150105 126104 1270417 1359515 0 0 0 0 564688 614523 0 0 0 773140 758181 1337828 1372704 -67411 -13189 1357473 1370622 451199 439350 906274 931272 TO PROMOTE THE IDEALS OF COMMUNITY BANKING BY ADDRESSING THE EDUCATIONAL, LEGISLATIVE AND NETWORKING NEEDS OF OUR MEMBERS. 0 0 PROVIDED VARIOUS EDUCATIONAL SEMINARS TO ITS MEMBERSHIP TO ASSIST ITS MEMBERS IN SERVING THEIR CUSTOMERS, SHAREHOLDERS AND EMPLOYEES. HELD ANNUAL CONVENTION INVOLVING EDUCATIONAL SESSIONS FOR MEMBERS TO ATTEND AND INTERACT WITH OTHER COMMUNITY BANKERS. PROVIDES LEGISLATIVE AND OTHER SERVICES THAT FOCUS ON ADVOCATING FOR THE COMMUNITY BANK INDUSTRY AND PROMOTING A UNIFIED POSITION OF ITS MEMBERSHIP. 0 0 0 1 0 0 0 0 0 1 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 13 0 1 10 1 1 1 0 0 0 0 0 0 0 X 28 28 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X KEVIN SHIVERS PRESIDENTCEO 7172317447 800 NORTH 3RD STREET SUITE 304 HARRISBURG PA 17102 TIMOTHY SNYDER IMMEDIATE PAST CHAIR 5.00 0.30 X X 0 0 0 SCOTT PATTON BOARD CHAIRPERSON 5.00 X X 0 0 0 CHARLES CRAWFORD CHAIRPERSON ELECT 5.00 X X 0 0 0 KELLY MONTEFIORI VICE CHAIRPERSON 5.00 X X 0 0 0 CHARLES TRUMP SECRETARY AND TREASURER 2.00 X X 0 0 0 FRANK BUONOMO BOARD DIRECTOR 2.00 X 0 0 0 SCOTT FRITZ BOARD DIRECTOR 2.00 X 0 0 0 JOAN DICKISON BOARD DIRECTOR 2.00 X 0 0 0 LINDA ROEHNER BOARD DIRECTOR 2.00 X 0 0 0 P DOUGLAS DARLINGTON BOARD DIRECTOR 2.00 X 0 0 0 LOUIS VUCKOVICH BOARD DIRECTOR 2.00 X 0 0 0 TERRY MCEWEN BOARD DIRECTOR 2.00 X 0 0 0 JOSH MOONEY BOARD DIRECTOR 2.00 X 0 0 0 DAN MOON BOARD DIRECTOR 2.00 X 0 0 0 CRAIG ZERN BOARD DIRECTOR 2.00 X 0 0 0 DOUG BYERS BOARD DIRECTOR 2.00 X 0 0 0 SCOTT COX BOARD DIRECTOR 2.00 X 0 0 0 KEVIN SCHMIDT BOARD DIRECTOR 2.00 X 0 0 0 EDWARD MARTEL JR BOARD DIRECTOR 2.00 X 0 0 0 LANCE DIEHL BOARD DIRECTOR 2.00 X 0 0 0 JEFFREY ROCHE BOARD DIRECTOR 2.00 X 0 0 0 WILLIAM MARSH BOARD DIRECTOR 2.00 X 0 0 0 CHAD CAROL BOARD DIRECTOR 2.00 X 0 0 0 COLLEEN LAITY BOARD DIRECTOR 2.00 X 0 0 0 WILLIAM MATTERN BOARD DIRECTOR 2.00 X 0 0 0 JOHN MONTGOMERY BOARD DIRECTOR 2.00 X 0 0 0 ROBERT SCHULTZ BOARD DIRECTOR 2.00 X 0 0 0 TROY CAMPBELL BOARD DIRECTOR 2.00 X 0 0 0 KEVIN SHIVERS PRESIDENT AND CEO 37.50 0.60 X 183430 0 18372 183430 0 18372 1 0 1 0 WESTIN HOTELS 1 RESORT DRIVE SAVANNAH GA 31421 CONVENTION HOTEL AND CONFERENCE CENTER C 168638 DISNEY DESTINATIONS 1500 EPCOT RESORTS BLVD LAKE BUENA VISTA FL 32830 CONVENTION HOTEL AND CONFERENCE CENTER C 114130 2 CONVENTION INCOME 900099 517536 517536 MEMBERSHIP DUES 900099 435509 435509 EDUCATION (CONF. & SEM 900099 161712 161712 NETWORKING 900099 79321 79321 1194078 21833 21833 48582 48582 69167 51667 17500 17500 17500 MGMT. SERVICE INCOME 900099 77522 77522 77522 1359515 1271600 0 87915 201802 336963 3639 31721 40398 26470 43161 14940 21923 12507 49250 30688 331715 22239 8045 NETWORKING 119696 EDUCATION (CONFERENCES) 63951 DUES AND SUBSCRIPTIONS 6999 PUBLIC RELATIONS 4582 2015 1372704 637024 329670 19515 23857 48377 39809 162438 76654 43493 85784 428317 661541 180747 229961 1357473 1370622 174900 63497 126550 208767 149749 167086 451199 439350 X 906274 931272 906274 931272 1357473 1370622 X -13189 38187 X X 1 X 0 1 0 0 0 0 435509 34735 -216740 -182005 65326 -247331 103550 65858 37692 58888 10796 48092 85784 CERTIFICATES OF DEPOSIT 661541 F 661541 INVESTMENT IN SUBSIDIARY 64170 RIGHT OF USE ASSET - OPERATING LEASE 147897 RIGHT OF USE ASSET - FINANCE LEASE 17894 229961 CURRENT LEASE LIABILITY - OPERATING 16630 CURRENT LEASE LIABILITY - FINANCE 3437 LONG TERM LEASE LIABILITY - OPERATING 132409 LONG TERM LEASE LIABILITY - FINANCE 14610 167086 X PART X, LINE 2: PACB COMPLIES WITH THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") 740, INCOME TAXES. THE FASB ASC REQUIRES TAX EFFECTS FROM UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE BENEFIT OF A TAX POSITION IS RECOGNIZED IN THE FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESSES, IF ANY. TAX POSITIONS TAKEN ARE NOT OFFSET OR AGGREGATED WITH OTHER POSITIONS. DURING THE YEAR ENDED DECEMBER 31, 2023, PACB DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. INCOME TAX RETURNS FILED BY PACB ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2020 REMAIN OPEN. X X X 0 0 0 KEVIN SHIVERS PRESIDENT AND CEO 163595 0 15668 0 4167 0 0 0 18372 0 201802 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION CONSISTS OF MEMBERS WHO ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A THE ASSOCIATION MEMBERS ELECT THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS APPROVE BOARD ACTIONS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE COMPLETED FORM 990 AND RELATED SCHEDULES IS REVIEWED BY THE FINANCE BUDGET COMMITTEE. FINAL CHANGES, IF ANY, ARE THEN MADE TO THE FORM 990 AND RELATED SCHEDULES AND THE BOARD OF DIRECTORS ARE ADVISED OF THE AVAILABILITY FOR REVIEW AFTER FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS MUST MAKE ANY CONFLICT KNOWN AND REFRAIN FROM DISCUSSIONS AND VOTING. FORM 990, PART VI, SECTION B, LINE 15 GENERALLY, THE COMPENSATION REVIEW FOR ALL EMPLOYEES OTHER THAN THE PRESIDENT/CEO INVOLVES AN ANNUAL COMPENSATION/SALARY REVIEW BY SENIOR MANEGEMENT, AND THE RESETTING OF THE COMPENSATION LEVELS FOR THE VARIOUS JOB CLASSES, AS PART OF THE ANNUAL EMPLOYMENT REVIEW OF STAFF MEMBERS BY THEIR IMMEDIATE SUPERVISOR. THE PRESIDENT/CEO THEN PRESENTS A COMPOSITE REPORT TO THE EXECUTIVE COMMITTEE OF HIS COMPENSATION RECOMMENDATIONS FOR THE YEAR, WHICH ARE THEN INCORPORATED INTO THE BUDGET. THE EXECUTIVE COMMITTEE HAS OVERSIGHT WITH RESPECT TO THE PRESIDENT/CEO'S RECOMMENDATIONS. THE SETTING OF COMPENSATION LEVELS FOR EACH STAFF POSITION IS BASED ON COMPETITIVE SALARIES IN THE TRADE ASSOCIATION INDUSTRY FOR HARRISBURG, PENNSYLVANIA. THE EXECUTIVE COMMITTEE DECISIONS ARE DOCUMENTED BY THE SUPERVISOR. WITH RESPECT TO SETTING COMPENSATION FOR THE CURRENT PRESIDENT/CEO, MOST OF HIS COMPENSATION AND BENEFITS ARE GOVERNED BY AN EXISTING EMPLOYMENT AGREEMENT. THE EXECUTIVE COMMITTEE INDIVIDUALLY COMPLETE PERFORMANCE REVIEWS OF THE PRESIDENT/CEO WHICH ARE THEN COMPILED INTO A COMPOSITE REVIEW WHICH IS PRESENTED TO AND DISCUSSED WITH THE PRESIDENT/CEO BY THE EXECUTIVE COMMITTEE AND/OR CHAIRPERSON. THE PRESIDENT/CEO IS ALSO ASKED TO PREPARE A "SELF-REVIEW AND ANNUAL GOALS AND OBJECTIVES, AND REPORTS ON THE STATUS OF SOME THROUGHOUT THE YEAR. HIS COMPENSATION IS SET AFTER CONSIDERING COMPETITIVE SALARIES IN THE TRADE ASSOCIATION INDUSTRY IN HARRISBURG, PENNSYLVANIA AND COMPENSATION PACKAGES FOR OTHER FINANCIAL INSTITUTION STATE AND TRADE ASSOCIATION EXECUTIVES THROUGHOUT THE UNITED STATES; MR. SHIVER'S FINAL COMPENSATION PACKAGE IS APPROVED BY THE EXECUTIVE COMMITTEE AND INCORPORATED INTO THE ANNUAL ASSOCIATION BUDGET WHICH IS APPROVED BY THE BOARD OF DIRECTORS. DOCUMENTATION OF APPROVALS ARE IN THE EXECUTIVE COMMITTEE AND BOARD OF DIRECTORS MINUTES. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST. FORM 990, PART XI, LINE 9: EQUITY LOSS OF SUBSIDIARY 38,187. FORM 990, PAGE 12, PART XII, LINE 2C THE ORGANIZATION AND THE BOARD OF DIRECTORS PROVIDE THE OVERSIGHT AND REVIEW OF THE CURRENT YEAR FINANCIAL STATEMENTS AND REPORT. PACB FOUNDATION 800 NORTH 3RD STREET SUITE 304 HARRISBURG PA 17102 251728621 PROVIDE EDUCATIONAL FINANCIAL ASSISTANCE TO MEMBERS OF BANKS IN PA PA 501(C)(3) 170(B)(1)(A)(VI) PACB 1 FIRSTPAC PAC OF THE PA ASSOCIATION OF COMMUNITY BANKERS PO BOX 5319 800 NORTH 3RD STREET SU HARRISBURG PA 17102 237061558 CONTRIBUTED TO ELECTION CAMPAIGNS PA 527 N/A PACB 1 PACB INSURANCE INC DBA PACB SERVICES 800 NORTH 3RD STREET SUITE 304 HARRISBURG PA 17102 232222056 MARKETING AND SALES OF INSURANCE/SERVICES PA PACB C 38187 62956 1.00000 1 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 PACB FOUNDATION L 17859 COSTS INCURRED PACB INSURANCE INC DBA PACB SERVICES Q 59663 COSTS INCURRED PACB INSURANCE INC DBA PACB SERVICES L 91350 COSTS INCURRED