California Bankers Assoc in Sacramento, California (CA)

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California Bankers Assoc
Employer Identification Number (EIN)940356160
Name of OrganizationCalifornia Bankers Assoc
In Care of NameElinor Hume
Address1303 J St Ste 600, Sacramento, CA 95814-2939
ActivitiesBusiness promotion (chamber of commerce, business league, etc.), Other school related activities
SubsectionBusiness League
Ruling Date09/1942
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$10,000,000 to $49,999,999
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$15,494,462
Amount of Income$10,217,355
Form 990 Revenue Amount$6,997,495
National Taxonomy of Exempt Entities (NTEE)Public, Society Benefit - Multipurpose and Other: Professional Societies, Associations


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Amount of income in 2013: $10,217,355
This organization: 

 $10,217,355
Other organizations performing similar types of work: 

 $2,807,232

Assets in 2013: $15,494,462
This organization: 

 $15,494,462
Other organizations performing similar types of work: 

 $5,004,095

Expenses in 2012: $6,567,045
California Bankers Assoc: 

 $6,567,045
Other organizations performing similar types of work: 

 $2,976,880

Income to expenses ratio in 2012: 1.6
This organization: 

 1.6
Other organizations performing similar types of work: 

 1.1

Number of employees in 2012: 29
This organization: 

 29
Other organizations performing similar types of work: 

 14

Employees paid over $100,000 in 2012: 31.0%
California Bankers Assoc: 

 31.0%
Other organizations performing similar types of work: 

 0.0%

Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$6,985,968
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$6,259,123
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$258,356
Income from investment of tax-exempt bond proceeds$0
Royalties$286,718
Net rental income$19,170
Gross rents (Real / Personal)$299,163 / $0
Less: rental expenses (Real / Personal)$279,993 / $0
Rental income or (loss) (Real / Personal)$19,170 / $0
Net gain from sales of assets other than inventory$162,601
Gross amount from sales of assets other than inventory (Securities / Other)$2,932,962 / $0
Less: cost or other basis and sales expenses (Securities / Other)$2,770,361 / $0
Gain or (loss) (Securities / Other)$162,601 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$6,567,045
Compensation of current officers, directors, trustees, and key employees$1,460,238
Other salaries and wages$2,007,676
Payroll taxes$92
Professional fundraising services$0
Other$3,099,039
Balance Sheet (for 2012)
Total assets$15,377,939
Total liabilities$3,991,918
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$3,991,918
Total net assets or fund balances$11,386,021
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
Revenue, Expenses, and Changes in Net Assets or Fund Balances
20032004200520062007
Total revenue$8,438,011$7,128,844$6,962,844$8,052,890$7,663,947
Contributions, gifts, grants, and similar amounts received$0$0$0$0$0
Contributions to donor advised funds$0$0
Direct public support$0$0$0$0$0
Indirect public support$0$0$0$0$0
Government contributions (grants)$0$0$0$0$0
Program service revenue including government fees and contracts$1,868,730$2,066,217$2,071,706$3,005,204$2,887,142
Membership dues and assessments$4,074,937$3,858,108$3,503,800$3,733,567$3,499,431
Interest on savings and temporary cash investments$68,754$141,014$158,004$300,985$434,648
Dividends and interest from securities$90,885$47,140$91,525$79,562$23,142
Net rental income or (loss)$29,143$20,258$9,487$-15,161$114,099
Gross rents$120,755$110,692$16,693$62,308$129,959
Less: rental expenses$91,612$90,434$7,206$77,469$15,860
Other investment income$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$1,246,425$13,056$25,305$-76,416$-13,188
Gross amount from sales of assets other than inventory$1,301,425$56,151$27,087$21,019,118$6,562,247
Less: cost or other basis and sales expenses$55,000$43,095$1,782$21,095,534$6,575,435
Net income or (loss) from special events and activities$0$0$0$0$0
Gross revenue$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0
Other revenue$1,059,137$983,051$1,103,017$1,025,149$718,673
Total expenses$6,057,385$7,005,420$6,984,677$7,011,035$7,259,668
Program services$0$0$0$0$0
Management and general$0$0$0$0$0
Fundraising$0$0$0$0$0
Payments to affiliates$0$0$0$0$0
Net assets or fund balances at end of year$7,701,526$8,143,664$8,023,980$9,136,137$9,648,099
Excess or (deficit) for the year$2,380,626$123,424$-21,833$1,041,855$404,279
Net assets or fund balances at beginning of year$5,336,950$7,701,526$8,143,664$8,023,980$9,136,137
Other changes in net assets or fund balances$-16,050$318,714$-97,851$70,302$107,683
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$7,259,668$0$0$0
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$1,506,961$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$1,291,581$0$0$0
Pension plan contributions not included above$204,126$0$0$0
Employee benefits not included above$297,722$0$0$0
Payroll taxes$179,721$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$37,463$0$0$0
Legal fees$8,153$0$0$0
Supplies$83,750$0$0$0
Telephone$51,103$0$0$0
Postage and shipping$28,712$0$0$0
Occupancy$357,965$0$0$0
Equipment rental and maintenance$101,379$0$0$0
Printing and publications$157,697$0$0$0
Travel$191,948$0$0$0
Conferences, conventions, and meetings$2,024,653$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$138,393$0$0$0
Other expenses not covered above$598,341$0$0$0
Balance Sheets
20032004200520062007
Total assets$11,264,472$11,352,540$10,517,634$11,320,887$11,596,850
Cash - non-interest-bearing$500$500$500$496$500
Savings and temporary cash investments$5,341,958$3,427,980$2,638,046$2,735,337$2,927,797
Accounts receivable less allowance for doubtful accounts$398,505$514,641$462,166$436,997$620,698
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0
Grants receivable$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$65,000$65,000$65,000$65,000$47,059
Inventories for sale or use$14,625$14,141$12,471$14,459$20,800
Prepaid expenses and deferred charges$169,383$123,672$103,350$215,449$115,975
Investments - publicly-traded securities$0$0
Investments - other securities$4,950,652$6,718,588$6,711,966$7,329,745$7,365,534
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0
Investments - other$0$0$0$0$0
Land, buildings, and equipment less accumulated depreciation$322,635$488,018$524,135$523,404$498,487
Other assets, including program-related investments$1,214$0$0$0$0
Total liabilities$3,562,946$3,208,876$2,493,654$2,184,750$1,948,751
Accounts payable and accrued expenses$977,453$1,575,153$1,023,462$1,115,992$1,057,388
Grants payable$0$0$0$0$0
Deferred revenue$2,565,921$1,614,151$1,461,667$1,060,233$882,838
Loans from officers, directors, trustees, and key employees$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0
Mortgages and other notes payable$0$0$0$0$0
Other liabilities$19,572$19,572$8,525$8,525$8,525
Total liabilities and net assets/fund balances$11,264,472$11,352,540$10,517,634$11,320,887$11,596,850
Total net assets or fund balances$7,701,526$8,143,664$8,023,980$9,136,137$9,648,099
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20032004200520062007
Total revenue$0$0$0$8,052,890$7,663,947
Total revenue, gains, and other support per audited financial statements$0$0$0$10,723,043$9,325,690
Other expenses$0$0$0$2,592,684$1,775,842
Net unrealized gains on investments$0$0$0$70,302$125,723
Donated services and use of facilities$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0
Other$0$0$0$2,522,382$1,650,119
Other revenue$0$0$0$-77,469$114,099
Investment expenses$0$0$0$0$0
Other$0$0$0$-77,469$114,099
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20032004200520062007
Total expenses$0$0$0$7,011,035$7,259,668
Total expenses and losses per audited financial statements$0$0$0$9,467,753$8,927,468
Other revenue$0$0$0$2,379,550$1,781,899
Donated services and use of facilities$0$0$0$0$0
Prior year adjustments$0$0$0$0$0
Losses$0$0$0$0$0
Other$0$0$0$2,379,550$1,781,899
Other expenses$0$0$0$-77,168$114,099
Investment expenses$0$0$0$0$0
Other$0$0$0$-77,168$114,099
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
40$400,038$22,063$0
40$147,494$25,114$0
40$107,539$6,078$0
40$107,420$13,646$0
40$223,104$26,920$0
40$174,147$18,671$0
40$205,850$28,877$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings40
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?No
Did the organization make only in-house lobbying expenditures of $2,000 or less?No
Dues, assessments, and similar amounts from members$3,733,567
Section 162(e) lobbying and political expenditures$896,862
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$1,041,048
Taxable amount of lobbying and political expenditures$-144,186
Does the organization elect to pay the section 6033(e) tax on the amount above?No
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?Yes
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 200630
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$19,279$1,053,156$6,591,512
Program service revenue
Program service revenue 1000000$000$0$2,770,507
Program service revenue 2Advertising and related services$19,27900$0$97,356
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$3,499,431
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$434,648$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$23,142$0
Net rental income or (loss) from real estate
debt-financed property000000$0Real property rental income that does not depend on the income or profits derived by the person leasing the property and is excluded by section 512(b)(3)$114,099$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$-13,188$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$0Royalty income excluded by section 512(b)(2)$494,455$224,218
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
943091487100%$1,874,337$1,371,483
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it is
Support Schedule
20022003200420052006
Total$0$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0$0
Membership fees received$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0
Other income$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1American Bankers Association1120 Connecticut Ave Nw, Washington, DC 20036-3902DC1977-08$118,642,968
2Independent Community Bankers Of America518 Lincoln Rd, Sauk Centre, MN 56378-2001MN1944-05$38,266,407
3New York Clearing House Association450 W 33rd St, New York, NY 10001-2603NY1947-06$37,590,080
4Risk Management Association1801 Market St Ste 300, Philadelphia, PA 19103-1613PA1934-06$27,941,522
5World Council Of Credit Unions Inc5710 Mineral Point Rd, Madison, WI 53705-4454WI1971-11$21,914,962
6National Association Of Federal Credit Unions Inc3138 North 10th Street, Arlington, VA 22201-2160VA1972-08$18,926,308
7Iowa Credit Union League1500 Nw 118th St, Des Moines, IA 50325-8242IA1944-08$14,171,210
8Credit Union Executives Society, Wisconsin Council Of The Credit Union Executives Society5325 High Crossiing Blvd, Madison, WI 53718WI1984-09$12,246,011
9California Bankers Assoc1303 J St Ste 600, Sacramento, CA 95814-2939CA1942-09$10,217,355
10California Credit Union League2855 E Guasti Rd Ste 600, Ontario, CA 91761-1250CA1952-06$10,071,015
11Michigan Credit Union League38695 7 Mile Rd Ste 200, Livonia, MI 48152-7097MI1944-01$9,875,051
12Stichting Womens World Banking8 West 40th Street 10th Floor, New York, NY 10018-3902NY1982-04$9,647,131
13Cornerstone Credit Union League4455 Lbj Freeway Ste 1100, Farmers Branch, TX 75244-5998TX1947-06$9,555,723
14Massachusetts Bankers Association IncOne Washington Mall, Boston, MA 02108-2616MA1954-11$7,818,863
15New York Bankers Association Inc99 Park Ave Frnt 4, New York, NY 10016-1501NY1987-06$6,827,693
16Tennessee Bankers Association Incorporated211 Athens Way, Nashville, TN 37228-1371TN1942-09$6,654,719
17Pennsylvania Credit Union Association4309 N Front St, Harrisburg, PA 17110-1618PA1986-12$5,975,857
18Pennsylvania Bankers Association3897 N Front St, Harrisburg, PA 17110-1535PA1952-07$4,772,744
19Association Of Asian American Investment Managers50 California St Ste 2320, San Francisco, CA 94111-4705CA2006-10$290,951
20Cfa Society Of Louisville312 Sage Road, Louisville, KY 40207KY2014-09$48,962
Number of organizations performing similar types of work
Alabama1
Arkansas2
Arizona1
California3
Colorado1
District of Columbia1
Florida1
Georgia1
Iowa2
Illinois1
Indiana1
Kentucky2
Louisiana1
Massachusetts1
Maryland1
Maine1
Michigan2
Minnesota2
Missouri2
North Carolina1
North Dakota1
Nebraska1
New Jersey1
New York4
Ohio2
Oregon1
Pennsylvania4
South Carolina1
South Dakota1
Tennessee1
Texas4
Utah1
Virginia1
Washington2
Wisconsin3
Total56

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