BANK INSURANCE & SECURITIES ASSOCIATION (EIN 522385104) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

JEFFREY HARTNEY

Phone

2023671111

Tax Period

2024-01-01 to 2024-12-31

BANK INSURANCE & SECURITIES ASSOCIATION, founded in 2002, is a community nonprofit in the Community Improvement sector that reported $3.1M in total revenue in fiscal year 2024. Expenses of $2.9M left a modest 7% surplus.

Mission

TO SUPPORT MEMBER FIRMS AND FINANCIAL PROFESSIONALS WITHIN DEPOSITORY INSTITUTIONS BY BUILDING A COMMUNITY AND PROVIDING FORUMS TO ENHANCE THEIR PROFESSIONALISM, KNOWLEDGE, AND PRODUCTIVITY TO HELP THEM BEST SERVE THEIR CLIENTS WITH A BROAD ARRAY OF FINANCIAL SOLUTIONS.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,034,762

Investment Income $100,398

Other Revenue $0

TOTAL REVENUE $3,135,160

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $2,903,922

TOTAL EXPENSES $2,903,922

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,135,160	$3,082,477	+0.0%
Expenses	$2,903,922	$2,965,469	0.0%
Net Income	$231,238	$117,008	+1.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

137

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL MIROBALLI PRESIDENT	UNTIL MARCH, THEN PAST PRESIDENT	5.00	Officer Director	$0	$0	$0
JOHN OLERIO PRESIDENT ELECT	UNTIL MARCH, THEN PRESIDENT	5.00	Officer Director	$0	$0	$0
FRANK A CONSALO	PAST PRESIDENT UNTIL MARCH	5.00	Officer Director	$0	$0	$0
KEVIN MCCARTHY	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
WALLACE HARRIS JR	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
JANE-ELLEN PORTER	SECRETARY	5.00	Officer Director	$0	$0	$0
VANCE RICHARD	TREASURER	5.00	Officer Director	$0	$0	$0
LEANN RUMMEL	TMP OFFICER	5.00	Officer Director	$0	$0	$0
STEPHEN AMARANTE	TMP OFFICER ELECT	5.00	Officer Director	$0	$0	$0
ROBERT CORSARIE	MEMBER	5.00	Director	$0	$0	$0
ANGELA HOLLIDAY	MEMBER	5.00	Director	$0	$0	$0
KEVIN MUMMAU	MEMBER	5.00	Director	$0	$0	$0
TIM B SEASE	MEMBER	5.00	Director	$0	$0	$0
JONATHON ALLEN	MEMBER	5.00	Director	$0	$0	$0
PETE DUNLAP	MEMBER	5.00	Director	$0	$0	$0
KATHY BURGESS	MEMBER	5.00	Director	$0	$0	$0
JAY MCANELLY	MEMBER	5.00	Director	$0	$0	$0
JACINDA NORVELL	MEMBER	5.00	Director	$0	$0	$0
SCOTT FORD	MEMBER	5.00	Director	$0	$0	$0
DONALD CLARK	MEMBER	5.00	Director	$0	$0	$0
STEPHEN KRUCHTEN	MEMBER	5.00	Director	$0	$0	$0
DONNA MCNEELY	MEMBER	5.00	Director	$0	$0	$0
REBECCA ROBINSON	MEMBER	5.00	Director	$0	$0	$0
JULIE BATES	MEMBER AS OF MARCH	5.00	Director	$0	$0	$0
MITCHELL BELL	MEMBER AS OF MARCH	5.00	Director	$0	$0	$0
DAVID CHAN	MEMBER AS OF MARCH	5.00	Director	$0	$0	$0
KEN HULLINGS	MEMBER AS OF MARCH	5.00	Director	$0	$0	$0
ROB HUNT	MEMBER AS OF MARCH	5.00	Director	$0	$0	$0
ALEX SARAFIANOS	MEMBER AS OF MARCH	5.00	Director	$0	$0	$0
SOLOMON SCHMIDT	MEMBER AS OF MARCH	5.00	Director	$0	$0	$0
MERRILL STEWART	MEMBER AS OF MARCH	5.00	Director	$0	$0	$0
JEFF WEINER	MEMBER AS OF MARCH	5.00	Director	$0	$0	$0
DIANE YOUNG	MEMBER AS OF MARCH	5.00	Director	$0	$0	$0
PETE DORSEY	MEMBER UNTIL MARCH	5.00	Director	$0	$0	$0
JIM NONNENGARD	MEMBER UNTIL MARCH	5.00	Director	$0	$0	$0
JOE SKARDA	MEMBER UNTIL MARCH	5.00	Director	$0	$0	$0
LINCOLN YERSIN	MEMBER UNTIL MARCH	5.00	Director	$0	$0	$0
STEVE FRANKE	MEMBER UNTIL MARCH	5.00	Director	$0	$0	$0
JIM FUJINAGA	MEMBER UNTIL MARCH	5.00	Director	$0	$0	$0
JEFFREY HARTNEY	EXECUTIVE DIRECTOR	40.00	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
2024	$3,135,160	$2,903,922	$3,640,821	$231,238
2023	$3,082,477	$2,965,469	$3,539,771	$117,008
2022	$2,883,492	$3,009,949	$3,273,998	$-126,457
2021	$1,919,474	$1,671,448	$3,431,637	$248,026
2020	$2,526,318	$2,457,324	$2,975,136	$68,994
2019	$2,578,013	$2,630,461	$2,967,886	$-52,448
2018	$2,307,274	$2,371,168	$3,080,855	$-63,894

BANK INSURANCE & SECURITIES ASSOCIATION