Nonprofit · EIN 52-1545256
MARYLAND BANKERS ASSOCIATION INC
Tax-exempt · ANNAPOLIS, MD 21401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $998,670 | $860,295 | $138,375 | $1,541,765 | $885,328 | $656,437 |
| June 30, 2024 | 990 | $2,724,992 | $2,341,203 | $383,789 | $1,865,956 | $1,384,592 | $481,364 |
| June 30, 2023 | 990 | $2,415,162 | $2,545,828 | -$130,666 | $2,551,988 | $2,479,540 | $72,448 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $930,094
- Investment income
- $31,433
- Royalties
- $14,785
- Net gain from sales of assets
- $14,628
- Other revenue
- $37,143
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $226,493
- Other salaries and wages
- $11,377
- Salaries, compensation and benefits (total)
- $260,350
- Professional fundraising fees
- $0
- Legal fees
- $40,546
- Accounting fees
- $20,000
- Occupancy
- $57,186
- Travel
- $18,566
- Depreciation
- $3,360
Balance sheet and other
- Total assets, start of year
- $1,865,956
- Total assets, end of year
- $1,541,765
- Total liabilities, end of year
- $885,328
- Net assets, end of year
- $656,437
- Land, buildings and equipment
- $15,664
- Publicly traded securities
- $604,352
- Net assets without donor restrictions
- $656,437
- Gross receipts
- $1,030,192
- Employees
- 7
- Volunteers
- 20
- Year formed
- 1896
- State of legal domicile
- MD
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RAMON LOOBY | PRESIDENT/CEO/TREASURER Officer | 40 | $304,495 | $41,505 |
| LYNN MITCHELL | SVP FINANCE & ADMINISTRATION Officer | 40 | $156,021 | $14,073 |
| ELIZABETH FREDIANI | CHIEF OF STAFF & VP OPERATIONS Officer | 40 | $123,239 | $0 |
| JANET CURRIE | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| CHRISTOPHER HOLT | CHAIR ELECT Trustee or director, Officer | 2 | $0 | $0 |
| KEVIN BENSON | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| RONDA MCDOWELL | IMMEDIATE PAST CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| MICHAEL ALLEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| TERRENCE BEVERLY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MATT CALHOUN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KEVIN CASHEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JAMES CORNELSEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOHN GLOVER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROBERT GOETZ JR | DIRECTOR Trustee or director | 2 | $0 | $0 |
| RAYMOND HAMM JR | DIRECTOR Trustee or director | 2 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHEN HEINE | DIRECTOR Trustee or director | 2 | $0 |
| CHRISTY LOMBARDI | DIRECTOR Trustee or director | 2 | $0 |
| KORI OGROSKY | DIRECTOR Trustee or director | 2 | $0 |
| JENNIFER POULSEN | DIRECTOR Trustee or director | 2 | $0 |
| JASON RUSH | DIRECTOR Trustee or director | 2 | $0 |
| RAYMOND THOMPSON | DIRECTOR Trustee or director | 2 | $0 |
| REID TINGLE | DIRECTOR Trustee or director | 2 | $0 |
| JOHN ZIMMERMAN | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 24 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RAMON LOOBY | PRESIDENT/CEO/TREASURER Officer | 45 | $341,780 | $23,415 |
| LYNN MITCHELL | SVP FINANCE & ADMINISTRATION Officer | 40 | $135,668 | $22,442 |
| AMANDA DREW JABIN | VP HEAD OF GOV'T & COMMUNITY AFFAIRS Highest-paid employee | 40 | $127,765 | $9,563 |
| ELIZABETH FREDIANI | CHIEF OF STAFF & VP OPERATIONS Officer | 40 | $102,379 | $4,133 |
| KEVIN B CASHEN | PAST-CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| RONDA MCDOWELL | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JANET CURRIE | CHAIR-ELECT Trustee or director, Officer | 2 | $0 | $0 |
| CHRISTOPHER HOLT | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JOHN ALLEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MICHAEL ALLEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KEVIN BENSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MATT CALHOUN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JIM W CORNELSEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GREG A FARNO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOHN GLOVER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BJ GOETZ | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHICK W HAMM | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHRISTY LOMBARDI | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KORI ORGROSKY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOHN B RICHARDSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CARISSA L RODEHEAVER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| RAY M THOMPSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| REID B TINGLE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| WILLIAM C WEIDEL JR | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 24 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RAMON LOOBY | PRESIDENT/CEO/TREASURER Officer | 45 | $340,484 | $31,334 |
| LYNN MITCHELL | SVP FINANCE & ADMINISTRATION Officer | 40 | $151,200 | $20,903 |
| DREW JABIN | VP, HEAD OF GOV'T & COMM AFFAIRS Highest-paid employee | 40 | $131,797 | $9,078 |
| ROBERT E GOETZ JR | PAST-CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| KEVIN B CASHEN | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| RONDA MCDOWELL | CHAIR-ELECT Trustee or director, Officer | 2 | $0 | $0 |
| JOSEPH CLARKE | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| MARK MULLICAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| RAYMOND THOMPSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHRISTOPHER HOLT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHRISTY LOMBARDI | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOHN ALLEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LLOYD BEATTY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MATT CALHOUN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JAMES CORNELSEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GREG FARNO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| RAYMOND HAMM | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CARISSA RODEHEAVER CPA CFP | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JANET CURRIE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| REID TINGLE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MELISSA QUIRK | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MICHAEL ALLEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KEVIN BENSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| WILLIAM WIEDEL JR | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 186 DUKE OF GLOUCESTER ST, ANNAPOLIS, MD 21401-2515
- Principal officer (990 for 2024)
- STACY PUCKETT, 4490 COX RD, GLEN ALLEN, VA 23060
- Signed the 990
- STACY PUCKETT, CFO
- Phone
- (804) 819-4727
- Website
- WWW.MDBANKERS.COM
- Return prepared by
- BROWN EDWARDS & COMPANY LLP
Mission
TO PROMOTE THE STRENGTH AND SUCCESS OF MARYLAND BANKS AND BANKERS.
Program accomplishments
- MBA PROTECTS THE INTERESTS OF COMMERCIAL AND SAVINGS BANKS IN MARYLAND AND PROVIDES CONTINUING EDUCATION FOR MEMBERS.
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 52-1545256
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1989
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,541,765
- Income (IRS master file)
- $1,030,192
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $998,670 | $860,295 | $1,541,765 | IRS |
| 990 | June 2024 | $2,724,992 | $2,341,203 | $1,865,956 | IRS |
| 990 | June 2023 | $2,415,162 | $2,545,828 | $2,551,988 | XML |
| 990 | June 2022 | $2,159,601 | $2,410,938 | $2,696,067 | 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 52-1545256).
Questions about MARYLAND BANKERS ASSOCIATION INC
- What is the EIN of MARYLAND BANKERS ASSOCIATION INC?
- The employer identification number (EIN) of MARYLAND BANKERS ASSOCIATION INC is 52-1545256.
- Is MARYLAND BANKERS ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1989.
- Are donations to MARYLAND BANKERS ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MARYLAND BANKERS ASSOCIATION INC 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 MARYLAND BANKERS ASSOCIATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MARYLAND BANKERS ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MARYLAND BANKERS ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 names STACY PUCKETT.
- Who are the officers and directors of MARYLAND BANKERS ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 lists 23 people; 3 received compensation from the organization, the highest $304,495 (RAMON LOOBY, PRESIDENT/CEO/TREASURER).
- How much revenue does MARYLAND BANKERS ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $998,670, expenses of $860,295 and total assets of $1,541,765 at year end.
Other nonprofits in ANNAPOLIS
- LUMINIS HEALTH ANNE ARUNDEL MEDICAL CENTER INC EIN 52-1169362 · last filed 990 for 2025
- LUMINIS HEALTH DOCTORS COMMUNITY MEDICAL CENTER INC EIN 52-1638026 · last filed 990 for 2025
- PHYSICIAN ENTERPRISE LLC EIN 27-0263214 · last filed 990 for 2025
- UNITED ASSOCIATION OF JOURNEYMEN & APPRENTICES OF THE PLUMBING & PIPE EIN 53-0159020 · last filed 990 for 2025
- LUMINIS HEALTH INC EIN 52-1622253 · last filed 990 for 2025
- ST JOHNS COLLEGE EIN 52-0591421 · last filed 990 for 2025
- UNITED STATES NAVAL ACADEMY FOUNDATION INC EIN 23-7003516 · last filed 990 for 2025
- PUBLIC LIBRARY ASSOCIATION OF ANNAPOLIS AND A A CO INC EIN 52-6001871 · last filed 990 for 2025