BANK HOLDING COMPANY ASSOCIATION

EIN: 411417191

EDEN PRAIRIE, MN

Total Revenue
$472,398
Total Expenses
$405,712
Total Assets
$657,061
Net Assets
$496,499
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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)

Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
MN
Principal Officer
TOM BENGTSON
Phone
9528352248
Tax Period
2024-01-01 to 2024-12-31

BANK HOLDING COMPANY ASSOCIATION, founded in 1980, is a small nonprofit that reported $472K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $406K left a modest 14% surplus.

Mission

BANK HOLDING COMPANY ASSOCIATION (THE ASSOCIATION) MEMBERSHIP CONSISTS OF ORGANIZATIONS INVOLVED WITH THE BANKING INDUSTRY IN THE UPPER MIDWEST. THE ASSOCIATION PROVIDES VARIOUS INFORMATIONAL AND EDUCATIONAL SERVICES FOR ITS MEMBERS.

🔒

Trantor Score

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)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $459,039
Investment Income $13,359
Other Revenue $0
TOTAL REVENUE $472,398

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $405,712
TOTAL EXPENSES $405,712

Year-over-Year Comparison

2024 2023 Change
Revenue $472,398 $436,391 +0.1%
Expenses $405,712 $415,267 0.0%
Net Income $66,686 $21,124 +2.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN HEALEY PRESIDENT 3.00
Officer Director
$0 $0 $0
LAURA MEYER DICK VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
SCOTT BULLINGER TREASURER/SECRETARY 1.00
Officer Director
$0 $0 $0
DENISE BUNBURY PAST PRESIDENT 0.50
Officer Director
$0 $0 $0
KELLY RACHEL DIRECTOR 0.50
Director
$0 $0 $0
MCKINZIE HOPKINS DIRECTOR 0.50
Director
$0 $0 $0
MORGAN FARMER DIRECTOR 0.50
Director
$0 $0 $0
STEPHEN GOODENOW DIRECTOR 0.50
Director
$0 $0 $0
TIMOTHY VIERE DIRECTOR 0.50
Director
$0 $0 $0
HARRY WAHLQUIST DIRECTOR 0.50
Director
$0 $0 $0
TOM BENGTSON MANAGING DIRECTOR 22.50
Officer
$0 $0 $0
PAULA NORRIS ASSOCIATE DIRECTOR 15.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $472,398 $405,712 $657,061 $66,686
2023 $436,391 $415,267 $560,486 $21,124
2022 $424,792 $416,421 $553,050 $8,371
2021 $382,433 $318,539 $562,445 $63,894
2020 $255,699 $227,425 $479,492 $28,274
2019 $414,216 $373,886 $463,656 $40,330
2018 $425,272 $371,299 $409,250 $53,973
Explore More Nonprofits
→Top 100 Nonprofits in Minnesota →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare BANK HOLDING COMPANY ASSOCIATION with other nonprofits in Minnesota and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.