Nonprofit · EIN 38-0823040
MICHIGAN BANKERS ASSOCIATION
Tax-exempt · LANSING, MI 48933
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,594,950 | $3,357,562 | $237,388 | $7,890,381 | $2,998,023 | $4,892,358 |
| June 30, 2024 | 990 | $3,484,990 | $3,285,121 | $199,869 | $7,696,864 | $3,102,432 | $4,594,432 |
| June 30, 2023 | 990 | $3,409,827 | $3,224,431 | $185,396 | $7,363,716 | $3,038,876 | $4,324,840 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $3,258,992
- Investment income
- $146,028
- Royalties
- $65,000
- Net rental income
- $124,930
- Net gain from sales of assets
- $31,872
- Other revenue
- $189,930
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $723,060
- Other salaries and wages
- $877,359
- Salaries, compensation and benefits (total)
- $1,915,802
- Professional fundraising fees
- $0
- Legal fees
- $13,832
- Accounting fees
- $21,713
- Occupancy
- $131,405
- Travel
- $95,723
- Depreciation
- $139,443
Balance sheet and other
- Total assets, start of year
- $7,696,864
- Total assets, end of year
- $7,890,381
- Total liabilities, end of year
- $2,998,023
- Net assets, end of year
- $4,892,358
- Land, buildings and equipment
- $2,056,417
- Publicly traded securities
- $1,242,061
- Gross unrelated business income
- $507,160
- Gross receipts
- $4,012,294
- Employees
- 13
- Volunteers
- 250
- Year formed
- 1981
- State of legal domicile
- MI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| T RANN PAYNTER | PRESIDENT & CEO Trustee or director, Officer | 36 | $465,628 | $58,116 |
| PATRICIA HERNDON | CHIEF POLICY OFFICER Highest-paid employee | 45 | $185,927 | $45,953 |
| MATTHEW D SZUBINSKI | CFO/COO Officer | 45 | $174,745 | $34,804 |
| STEPHANIE FISHER | SENIOR VP, EDUCATION Highest-paid employee | 45 | $108,651 | $26,153 |
| JILL VERSCHEURE | SENIOR VP, MBASC Highest-paid employee | 45 | $106,700 | $10,538 |
| MICHAEL BICKERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAYMOND REITSMA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNY MEIER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MATTHEW CLARKE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EDWIN H EICHLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KENNETH KELLY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JASON HYSKA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK SAVOIE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOSEPH WILLIAMS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DONNELL WHITE | DIRECTOR Trustee or director | 1 | $0 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATTHEW KEENE | TREASURER Trustee or director, Officer | 1 | $0 |
| ERIC BECKHUSEN | CHAIR-ELECT Trustee or director, Officer | 1 | $0 |
| RAYMOND A BIGGS | CHAIR Trustee or director, Officer | 1 | $0 |
| ROXANNE DAUST | IMMEDIATE PAST CHAIR Trustee or director, Officer | 1 | $0 |
990 for the year ended June 30, 2024: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| T RANN PAYNTER | PRESIDENT & CEO Trustee or director, Officer | 36 | $460,129 | $61,473 |
| PATRICIA HERNDON | CHIEF POLICY OFFICER Highest-paid employee | 45 | $182,225 | $43,887 |
| MATTHEW D SZUBINSKI | CFO/COO Officer | 45 | $167,801 | $32,829 |
| STEPHANIE FISHER | SENIOR VP, EDUCATION Highest-paid employee | 45 | $106,185 | $26,075 |
| JILL VERSCHEURE | SENIOR VP, MBASC Highest-paid employee | 45 | $103,245 | $10,212 |
| MICHAEL BICKERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MATTHEW KEENE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNY MEIER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MATTHEW CLARKE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EDWIN H EICHLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KENNETH KELLY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JASON HYSKA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK SAVOIE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOSEPH WILLIAMS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROXANNE DAUST | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| RAYMOND A BIGGS | CHAIR-ELECT Trustee or director, Officer | 1 | $0 | $0 |
| JEROME SCHWIND | IMMEDIATE PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ERIC BECKHUSEN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| T RANN PAYNTER | PRESIDENT & CEO Trustee or director, Officer | 35 | $429,596 | $54,057 |
| PATRICIA HERNDON | CHIEF POLICY OFFICER Highest-paid employee | 45 | $176,125 | $42,880 |
| MATTHEW D SZUBINSKI | CFO/COO Highest-paid employee | 45 | $149,383 | $31,087 |
| STEPHANIE FISHER | SENIOR VP, EDUCATION Highest-paid employee | 45 | $103,135 | $28,036 |
| ERIC BECKHUSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MATTHEW KEENE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNY MEIER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GREGG CHRISTENSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EDWIN H EICHLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KENNETH KELLY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| J DAVID VLAHOS | DIRECTOR (ENDED 12/22) Trustee or director | 1 | $0 | $0 |
| TOM SHAFER | DIRECTOR (ENDED 12/22) Trustee or director | 1 | $0 | $0 |
| JEROME SCHWIND | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ROXANNE DAUST | CHAIR-ELECT Trustee or director, Officer | 1 | $0 | $0 |
| W BRAD KESSEL | IMMEDIATE PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| RAYMOND A BIGGS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 507 S GRAND AVE, LANSING, MI 48933-2405
- Principal officer (990 for 2024)
- MATTHEW SZUBINSKI, 507 SOUTH GRAND AVENUE, LANSING, MI 48933
- Signed the 990
- MATTHEW SZUBINSKI, CFO/COO
- Phone
- (517) 485-3600
- Website
- WWW.MICHIGAN.BANK
- Return prepared by
- MANER COSTERISAN PC
Mission
ADVOCATING FOR AND SUPPORTING BANKING.
Program accomplishments
- ADVOCATING FOR AND SUPPORTING BANKING.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 38-0823040
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1944
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $7,890,381
- Income (IRS master file)
- $4,012,294
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,594,950 | $3,357,562 | $7,890,381 | XML |
| 990 | June 2024 | $3,484,990 | $3,285,121 | $7,696,864 | XML |
| 990 | June 2023 | $3,409,827 | $3,224,431 | $7,363,716 | XML |
| 990 | June 2022 | $3,247,442 | $3,212,127 | $6,018,099 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-0823040).
Questions about MICHIGAN BANKERS ASSOCIATION
- What is the EIN of MICHIGAN BANKERS ASSOCIATION?
- The employer identification number (EIN) of MICHIGAN BANKERS ASSOCIATION is 38-0823040.
- Is MICHIGAN BANKERS ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1944.
- Are donations to MICHIGAN BANKERS ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MICHIGAN BANKERS ASSOCIATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MICHIGAN BANKERS ASSOCIATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MICHIGAN BANKERS ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MICHIGAN BANKERS ASSOCIATION?
- The 990 for the year ended June 30, 2025 names MATTHEW SZUBINSKI.
- Who are the officers and directors of MICHIGAN BANKERS ASSOCIATION?
- The 990 for the year ended June 30, 2025 lists 19 people; 5 received compensation from the organization, the highest $465,628 (T RANN PAYNTER, PRESIDENT & CEO).
- How much revenue does MICHIGAN BANKERS ASSOCIATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,594,950, expenses of $3,357,562 and total assets of $7,890,381 at year end.
Other nonprofits in LANSING
- EDWARD W SPARROW HOSPITAL ASSOCIATION EIN 38-1360584 · last filed 990 for 2025
- DELTA DENTAL PLAN OF MICHIGAN EIN 38-1791480 · last filed 990 for 2024
- MCLAREN GREATER LANSING EIN 38-1434090 · last filed 990 for 2025
- DELTA DENTAL PLAN OF OHIO EIN 31-0685339 · last filed 990 for 2024
- PECKHAM VOCATIONAL INDUSTRIES INC EIN 38-2322117 · last filed 990 for 2025
- CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN EIN 38-0893210 · last filed 990 for 2024
- DELTA DENTAL PLAN OF INDIANA INC EIN 35-1545647 · last filed 990 for 2024
- SPARROW HEALTH SYSTEM EIN 38-2542859 · last filed 990 for 2025