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Minnesota Bankers Association Employee Benefits Trust

  • Eden Prairie, MN
  • Tax-exempt since Nov. 1994
  • EIN: 41-1767627

Organization summary

Type of Nonprofit

Designated as a Voluntary employees' beneficiary associations, which provide payment of life, sickness, accident or other benefits to members.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$3.44M (2023)

Expenses
$3.66M (2023)

Total Assets
$1.85M (2023)

Total Liabilities
$218k (2023)

Source: Form 990 tax filings from 2012 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,439,780
Expenses
$3,655,438
Net Income
-$215,658
Net Assets
$1,629,867
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,427,607
99.6%
Investment Income $12,173
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $278,330
7.6%
Assets/Debt
Total Assets $1,847,930
Total Liabilities $218,063
Net Assets $1,629,867
Compensation
Key Employees and Officers Compensation Related Other
Heather Johnson (Trustee) $0 $0 $0
Douglas Tate (Trustee) $0 $0 $0
Kellie Oestrich (Trustee) $0 $0 $0
Sara Bode (Trustee) $0 $0 $0
Amy Amundson (Trustee) $0 $0 $0
Chelsea Bennett (Trustee) $0 $0 $0
Joan Giefer (Trustee) $0 $0 $0
Stacy Meyer (Trustee) $0 $0 $0
Joe Witt (Mba President/Ceo) $0 $418,552 $64,322
+ View more people

Document Links

990
Filed on May 15, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,479,882
Expenses
$3,578,973
Net Income
-$99,091
Net Assets
$1,845,525
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,474,468
99.8%
Investment Income $5,414
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $36,001
1.0%
Professional Fundraising Fees $0
Other Salaries and Wages $234,101
6.5%
Assets/Debt
Total Assets $1,999,600
Total Liabilities $154,075
Net Assets $1,845,525
Compensation
Key Employees and Officers Compensation Related Other
Heather Johnson (Chair) $0 $0 $0
Douglas Tate (Trustee) $0 $0 $0
Kellie Oestrich (Trustee) $0 $0 $0
Sara Bode (Trustee) $0 $0 $0
Amy Amundson (Trustee) $0 $0 $0
Chelsea Bennett (Trustee) $0 $0 $0
Joan Giefer (Trustee) $0 $0 $0
Stacy Meyer (Trustee) $0 $0 $0
Joseph Witt (President, Ceo) $0 $389,405 $60,571
Teresa Rice (Secretary) $0 $215,954 $37,223
Jay Tambornino (It Consultant) $0 $169,255 $13,722
Diane Brower (Hr Director) $0 $117,048 $29,601
Carla Bush (Director Of Education) $0 $136,555 $7,168
Tom Boswell Healey (Compliance Consultant) $0 $125,796 $9,326
+ View more people

Document Links

990
Filed on Nov. 23, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,621,718
Expenses
$3,651,739
Net Income
-$30,021
Net Assets
$1,944,616
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,609,442
99.7%
Investment Income $12,276
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $14,048
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $225,206
6.2%
Assets/Debt
Total Assets $2,080,226
Total Liabilities $135,610
Net Assets $1,944,616
Compensation
Key Employees and Officers Compensation Related Other
Joseph Witt (President, Ceo) $0 $371,648 $59,212
Jill Amundson (Chair) $0 $0 $0
Teresa Rice (Secretary) $0 $209,720 $36,060
Kenneth D Johnson (Trustee) $0 $0 $0
Dan W Melcher (Trustee) $0 $0 $0
Kellie Oestrich (Trustee) $0 $0 $0
Sara E Bode (Trustee) $0 $0 $0
Jarod True (Trustee) $0 $0 $0
Susan Lindmeier (Trustee) $0 $0 $0
Heather Johnson (Trustee) $0 $0 $0
Kristen Fraser Long (Trustee) $0 $0 $0
Stacy K Meyer (Trustee) $0 $0 $0
Jay Tambornino (It Consultant) $0 $121,133 $10,096
Diane Brower (Hr Director) $0 $109,673 $28,356
Carla Bush (Director Of Education) $0 $129,272 $2,929
Tom Boswell Healey (Compliance Consultant) $0 $119,336 $8,757
+ View more people

Document Links

990
Filed on Nov. 12, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,628,866
Expenses
$3,253,360
Net Income
$375,506
Net Assets
$1,974,637
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,604,182
99.3%
Investment Income $24,684
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $12,148
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $204,464
6.3%
Assets/Debt
Total Assets $2,095,658
Total Liabilities $121,021
Net Assets $1,974,637
Compensation
Key Employees and Officers Compensation Related Other
Joseph Witt (President, Ceo) $0 $351,858 $58,837
Jill Amundson (Chair) $0 $0 $0
Teresa Rice (Secretary) $0 $203,542 $32,628
Kellie Oestrich (Trustee) $0 $0 $0
Susan Lindmeier (Trustee) $0 $0 $0
Dan Melcher (Trustee) $0 $0 $0
Sara Bode (Trustee) $0 $0 $0
Kenneth Johnson (Trustee) $0 $0 $0
Heather Johnson (Trustee) $0 $0 $0
Diane Brower (Hr Director) $0 $107,772 $25,059
Jay Tambornino (It Consultant) $0 $125,490 $10,445
+ View more people

Document Links

990
Filed on Nov. 14, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,511,575
Expenses
$3,488,372
Net Income
$23,203
Net Assets
$1,599,131
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,489,889
99.4%
Investment Income $21,686
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $44,193
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $164,849
4.7%
Assets/Debt
Total Assets $1,724,256
Total Liabilities $125,125
Net Assets $1,599,131
Compensation
Key Employees and Officers Compensation Related Other
Dan Melcher (Trustee) $0 $122,929 $21,821
Teresa Rice (Secretary) $0 $194,736 $30,742
Andy Noll (Trustee) $0 $0 $0
Heather Johnson (Trustee) $0 $0 $0
Jarod True (Trustee) $0 $0 $0
Sara Bode (Trustee) $0 $0 $0
Jill Amundson (Trustee) $0 $0 $0
Susan Lindmeier (Chair) $0 $0 $0
Joseph Witt (President/Ceo) $0 $374,851 $55,153
+ View more people

Document Links

990
Filed on Nov. 15, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,444,291
Expenses
$3,395,049
Net Income
$49,242
Net Assets
$1,575,928
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,431,675
99.6%
Investment Income $12,616
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $39,596
1.2%
Professional Fundraising Fees $0
Other Salaries and Wages $198,794
5.9%
Assets/Debt
Total Assets $1,688,393
Total Liabilities $112,465
Net Assets $1,575,928
Compensation
Key Employees and Officers Compensation Related Other
Dan Melcher (Trustee) $0 $146,100 $33,764
Teresa Rice (Secretary) $0 $189,818 $28,276
Douglas J Schweim (Chair) $0 $0 $0
David A Schlitter (Trustee) $0 $0 $0
Henry D Schultz (Trustee) $0 $0 $0
Susan Lindmeier (Trustee) $0 $0 $0
Jill Amundson (Trustee) $0 $0 $0
Joseph Witt (President/Ceo) $0 $340,430 $53,453
+ View more people

Document Links

990
Filed on Nov. 13, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,468,853
Expenses
$3,476,498
Net Income
-$7,645
Net Assets
$1,526,686
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,457,498
99.7%
Investment Income $11,355
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $43,480
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $186,052
5.4%
Assets/Debt
Total Assets $1,634,742
Total Liabilities $108,056
Net Assets $1,526,686
Compensation
Key Employees and Officers Compensation Related Other
Dan Melcher (Trustee) $0 $145,281 $32,899
Teresa Rice (Secretary) $0 $183,075 $29,671
Douglas J Schweim (Trustee) $0 $0 $0
David A Schlitter (Trustee) $0 $0 $0
Vicky A Sagehorn (Chair) $0 $0 $0
Henry D Schultz (Trustee) $0 $0 $0
Susan Lindmeier (Trustee) $0 $0 $0
Mark S Miedtke (Trustee) $0 $0 $0
Joseph Witt (President/Ceo) $0 $314,836 $48,553
+ View more people

Document Links

990
Filed on Nov. 7, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,349,441
Expenses
$3,498,839
Net Income
-$149,398
Net Assets
$1,534,331
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,340,318
99.7%
Investment Income $9,123
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $45,245
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $186,138
5.3%
Assets/Debt
Total Assets $1,669,435
Total Liabilities $135,104
Net Assets $1,534,331
Compensation
Key Employees and Officers Compensation Related Other
Dan Melcher (Trustee) $0 $154,171 $32,204
Paul R Rank (Trustee) $0 $0 $0
Teresa Rice (Secretary) $0 $175,874 $27,721
Douglas J Schweim (Trustee) $0 $0 $0
Mark R White (Trustee) $0 $0 $0
David A Schlitter (Trustee) $0 $0 $0
Vicky A Sagehorn (Chair) $0 $0 $0
Henry D Schultz (Trustee) $0 $0 $0
Susan Lindmeier (Trustee) $0 $0 $0
Joseph Witt (President/Ceo) $0 $299,816 $48,529
Gerriann Brower (Education Director) $0 $129,055 $25,047
+ View more people

Document Links

990
Filed on Oct. 4, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
PDF (2 of 2)

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,224,522
Expenses
$3,380,194
Net Income
-$155,672
Net Assets
$1,683,731
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,215,945
99.7%
Investment Income $8,577
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $45,109
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $181,642
5.4%
Assets/Debt
Total Assets $1,812,144
Total Liabilities $128,413
Net Assets $1,683,731
Compensation
Key Employees and Officers Compensation Related Other
Dan Melcher (Trustee) $0 $154,432 $32,017
Suzette Onstad (Chair Elect) $0 $0 $0
Teresa Rice (Secretary) $0 $172,668 $27,690
Douglas J Schweim (Trustee) $0 $0 $0
Gail T Mikolich (Trustee) $0 $0 $0
David A Schlitter (Trustee) $0 $0 $0
Vicky A Sagehorn (Trustee) $0 $0 $0
Henry D Schultz (Trustee) $0 $0 $0
Joseph Witt (President/Ceo) $0 $291,061 $47,580
Gerriann Brower (Education Director) $0 $127,894 $25,899
+ View more people

Document Links

990
Filed on Oct. 7, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,245,073
Expenses
$3,281,814
Net Income
-$36,741
Net Assets
$1,839,403
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,235,602
99.7%
Investment Income $9,471
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $43,594
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $179,936
5.5%
Assets/Debt
Total Assets $1,956,242
Total Liabilities $116,839
Net Assets $1,839,403
Compensation
Key Employees and Officers Compensation Related Other
Dan Melcher (Trustee) $0 $149,221 $28,079
Suzette Onstad (Chair Elect) $0 $0 $0
Teresa Rice (Secretary) $0 $170,296 $29,031
Paul R Rank (Trustee) $0 $0 $0
Dean K Toft (Board Rep) $0 $0 $0
Rachael Petersen (Trustee) $0 $0 $0
Vicky A Sagehorn (Trustee) $0 $0 $0
Joseph Witt (President/Ceo) $0 $277,206 $46,755
Gerriann Brower (Education Director) $0 $124,549 $22,677
+ View more people

Document Links

990
Filed on Sept. 22, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,394,599
Expenses
$3,467,735
Net Income
-$73,136
Net Assets
$1,876,144
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,384,976
99.7%
Investment Income $9,623
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $44,090
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $187,800
5.4%
Assets/Debt
Total Assets $1,996,817
Total Liabilities $120,673
Net Assets $1,876,144

Document Links

990
Filed on Jan. 15, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,379,368
Expenses
$3,441,721
Net Income
-$62,353
Net Assets
$1,949,280
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,363,017
99.5%
Investment Income $16,351
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $41,843
1.2%
Professional Fundraising Fees $0
Other Salaries and Wages $181,588
5.3%
Assets/Debt
Total Assets $2,061,655
Total Liabilities $112,375
Net Assets $1,949,280

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated