NonprofitsMassachusetts Bankers Association Inc

Massachusetts Bankers Association Inc

BOSTON, MA

Total revenue

$7.1M

Total expenses

$7.2M

Net assets

$24.6M

Grants received

$16K

6 grants

EIN

041589780

Tax year

2024

Mission

The massachusetts bankers association's 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.

Financials

FY 2024

Revenue

Contributions & grants$3.0M
Program service revenue$3.4M
Investment income$693K
Other revenue$23K
Total revenue$7.1M

Expenses

Grants paid
Salaries & benefits$3.7M
Fundraising
Other expenses$3.6M
Total expenses$7.2M
Total assets$27.7M
Net assets$24.6M

People

36 listed

NameRoleCompensation

KATHLEEN MURPHY

PRESIDENT/CEO/DIRECTOR

Board

$812K

40 hrs/wk

BRAD S PAPALARDO

CLERK/SVP GOV'T AFFAIRS & GENERAL COUNSEL

Board

$287K

40 hrs/wk

LISA MURRAY

DIRECTOR

Board

1 hrs/wk

ANNE TANGEN

TREASURER/DIRECTOR

Board

1 hrs/wk

MARY MCGOVERN

DIRECTOR

Board

1 hrs/wk

JEFFREY A WORTH

DIRECTOR

Board

1 hrs/wk

JAMES M DUNPHY

DIRECTOR

Board

1 hrs/wk

HAROLD M HORVAT

DIRECTOR

Board

1 hrs/wk

DENIS A SHEAHAN

DIRECTOR

Board

1 hrs/wk

MATTHEW S SOSIK

DIRECTOR

Board

1 hrs/wk

KATHLEEN C MARCUM

DIRECTOR (ENDED 4/2024)

Board

1 hrs/wk

ROSEMARY PICARD

DIRECTOR

Board

1 hrs/wk

PING YIN CHAI

DIRECTOR

Board

1 hrs/wk

MICHAEL R O'CONNELL

IMMEDIATE PAST CHAIR (ENDED 4/2024)

Board

1 hrs/wk

SHINMA SAMEER

DIRECTOR (ENDED 4/2024)

Board

1 hrs/wk

KEVIN M TIERNEY SR

DIRECTOR (ENDED 4/2024)

Board

1 hrs/wk

MICHAEL G MCAULIFFE

DIRECTOR (ENDED 4/2024)

Board

1 hrs/wk

MARIANNE SMITH

DIRECTOR

Board

1 hrs/wk

WAYNE PATENAUDE

DIRECTOR (ENDED 4/2024)

Board

1 hrs/wk

ROBERT J FRASER

CHAIR/DIRECTOR

Board

1 hrs/wk

MEG D MCISAAC

IMMEDIATE PAST CHAIR

Board

1 hrs/wk

MARTIN F CONNORS

VICE CHAIR/DIRECTOR

Board

1 hrs/wk

RICHARD SPENCER

DIRECTOR

Board

1 hrs/wk

ELIZABETH J OLIVER

DIRECTOR

Board

1 hrs/wk

THOMAS W SENECAL

DIRECTOR

Board

1 hrs/wk

KEVIN KELLY

DIRECTOR

Board

1 hrs/wk

PATRICK B THORPE

DIRECTOR

Board

1 hrs/wk

MATT BURKE

DIRECTOR

Board

1 hrs/wk

TANYA M DUNCAN

EVP, REVENUE AND STRATEGY

Staff

$373K

40 hrs/wk

WILLIAM TSOULES

SVP & CFO

Staff

$246K

40 hrs/wk

BENJAMIN CRAIGIE

SVP, PROFESSIONAL DEVELOPMENT GROUP

Staff

$225K

40 hrs/wk

ANNIE COLDSTREAM

VP OF MEMBER ENGAGEMENT & HR

Staff

$194K

40 hrs/wk

NICOLE ALMEIDA

SVP & CHIEF OF STAFF, MEDIA RELATIONS & INQUIRIES

Staff

$173K

40 hrs/wk

MEGHAN MCCARTHY

VP, PROFESSIONAL DEVELOPMENT

Staff

$171K

40 hrs/wk

LAWRENCE LIUZZO

VP OF GOVERNMENT AFFAIRS & INDUSTRY RELATIONS

Staff

$154K

40 hrs/wk

CHAD POOK

VP OF ADMINISTRATION GROUP INS. TRUST

Staff

$152K

40 hrs/wk

Independent contractors

JOYCE & JOYCE

LEGAL

$110K

MARKETING SOLUTIONS FINANCIAL

FINANCIAL

$109K

Grants received

Showing 6 of 6

FromAmountPurposeYear
$5K
EXEMPT PURPOSE
2021

Funded by

$16K from 3 funders · 6 grants · 2020–2022

Salem Five Charitable Foundation Inc

$9K · 3 grants · 2020–2022

Cambridge Savings Charitable

$5K · 1 grant · 2021

Details

EIN041589780
Subsection06
Ruling date1954-11
Formed1905
Employees20
Volunteers20
MASSACHUSETTS BANKERS ASSOCIATION INC — Mission, Financials & Grants Received | Grantivo