Eden Prairie, MN
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)Minnesota Bankers Association, founded in 1889, is a community nonprofit that reported $4.1M in total revenue in fiscal year 2024. Expenses of $3.8M left a modest 6% surplus.
Our mission is to provide quality products and services to our members and to ensure that they receive excellent value for their membership.
Through MBA's general and educational funds, the association provides a variety of services to its member banks located in Minnesota, including educational programs offered through its banking...
Through MBA's general and educational funds, the association provides a variety of services to its member banks located in Minnesota, including educational programs offered through its banking schools and a variety of supportin gproducts, materials, and assistance to its members. MBA's education programs assist bankers at all levels in developing professional and techincal skills, from entry level programs to bank management programs. Education programs are offered in a variety of formats from half-day to week-long intensive schools, classrooms, online and webinars. MBA offes programs in bank compliance, general banking, human resources, bank security, operations, agricultural lending, commercial lending, retail lending and marketing. MBA produces seven manuals on different subject matters in banking: safe deposit, record retention, deposit accounts procedures, real estate lending, consumer lending, commercial lending and agricultural lending. In addition, MBA produces an annual compensation survey. MBA promotes advocacy with the elected leaders through programs that facilitates meetings of bankers and elected federal and state leaders.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $4,074,305 | $3,782,286 | +0.1% |
| Expenses | $3,833,601 | $4,025,177 | 0.0% |
| Net Income | $240,704 | $-242,891 | -2.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Joseph Witt | President/CEO | 29.90 |
Officer
Director
|
$463,345 | $73,313 | $536,658 |
| Andy Schormack | Chair | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Chris Ryan | Vice Chair/Treasurer | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Doug Tate | Immediate Past Chair | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kevin Valois | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| Greg Evans | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| John Ohlin | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| Katie Wahlquist | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| Anna Dosen | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| Jim Boerjan | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| Josh Johnson | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| Brian Matzke | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| Tess Rice | General Counsel | 38.00 |
Key Emp
|
$243,597 | $37,205 | $280,802 |
| Jay Tamborino | IT Consultant | 2.00 |
Highest
|
$217,817 | $30,154 | $247,971 |
| Diane Brower | HR Director | 34.70 |
Highest
|
$146,711 | $32,613 | $179,324 |
| Carla Bush | Director of Education | 39.00 |
Highest
|
$160,973 | $9,608 | $170,581 |
| Tom Boswell-Healey | Compliance Consultant | 5.60 |
Highest
|
$145,201 | $13,239 | $158,440 |
| Therese Kuvaas | Senior GR Manager | 39.00 |
Highest
|
$130,365 | $25,469 | $155,834 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $4,074,305 | $3,833,601 | $8,575,557 | $240,704 |
| 2024 | $3,782,286 | $4,025,177 | $8,013,518 | $-242,891 |
| 2023 | $3,555,499 | $3,764,445 | $8,159,105 | $-208,946 |
| 2022 | $3,421,584 | $3,504,389 | $8,043,309 | $-82,805 |
| 2021 | $2,926,312 | $3,039,280 | $8,242,900 | $-112,968 |
| 2020 | $3,108,826 | $2,917,408 | $7,771,410 | $191,418 |
| 2019 | $3,272,156 | $3,276,374 | $7,452,348 | $-4,218 |
Compare Minnesota Bankers Association with other nonprofits in Minnesota and across the country.