NonprofitsMinnesota Bankers Association Employee Benefits Trust

Minnesota Bankers Association Employee Benefits Trust

EDEN PRAIRIE, MN

Total revenue

$3.6M

Total expenses

$3.8M

Net assets

$1.4M

Grants received

EIN

411767627

Tax year

2023

Mission

Provides group insurance benefits for employees of member banks of Minnesota Bankers Assoc.

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$3.5M
Investment income$37K
Other revenue
Total revenue$3.6M

Expenses

Grants paid
Salaries & benefits$375K
Fundraising
Other expenses$1.5M
Total expenses$3.8M
Total assets$1.5M
Net assets$1.4M

People

12 listed

NameRoleCompensation

Andy Schornack

Trustee

Board

1 hrs/wk

Douglas Tate

Trustee

Board

1 hrs/wk

Rich Hoban

Trustee

Board

1 hrs/wk

Greg Evans

Trustee

Board

1 hrs/wk

Brian Matzke

Trustee

Board

1 hrs/wk

Troy Rosenbrook

Trustee

Board

1 hrs/wk

Erin Procko

Trustee

Board

1 hrs/wk

John Ohlin

Trustee

Board

1 hrs/wk

Josh Johnson

Trustee

Board

1 hrs/wk

Ralph Pace

Trustee

Board

1 hrs/wk

Jim Boerjan

Trustee

Board

1 hrs/wk

Joe Witt

MBA President/CEO

Board

3.7 hrs/wk

Details

EIN411767627
Subsection09
Ruling date1994-11
Formed1986
Employees0
Volunteers0
MINNESOTA BANKERS ASSOCIATION EMPLOYEE BENEFITS TRUST — Mission, Financials & Grants Received | Grantivo