Washington Bankers Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 910459700 ✦ Seattle, WA ✦ Designated as a 501(c)(6)

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Overview

What is Washington Bankers Association?

The Washington Bankers Association, located at 601 Union Street Suite 1720, Seattle, WA 98101, is a nonprofit organization with a mission to advocate for its member companies at the state level, aiming to advance the interests of the banking community in the Northwest and beyond. With a team of seven dedicated individuals, the association supports and advances the banking industry by providing advocacy services, ensuring the sector's growth and success in the region and beyond.


Official website here: www.wabankers.com

Is Washington Bankers Association legitimate?

Washington Bankers Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Washington Bankers Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $420,671
Professional Fundraising Fees: $0
Other Salaries and Wages: $228,096

For more financial information, click here


Official website here: www.wabankers.com

What is the mission statement of Washington Bankers Association?

The Washington Bankers Association, in its commitment, works towards supporting and progressing the banking industry beyond its northwestern region. Its mission is primarily focused on advocating for the interests of member companies at the state level. This advocacy aims to bolster the banking community as a whole. The association does not specify any particular goals related to research, resources, or direct community support like some other organizations, but its primary focus remains on advocacy for the banking industry.


Official website here: www.wabankers.com

Who is the CEO of Washington Bankers Association?

Glen Simecek is the President & Ceo of Washington Bankers Association. The CEO's salary of Washington Bankers Association is $330,632 and their total compensation is $354,229.


Official website here: www.wabankers.com

What is the revenue of Washington Bankers Association?

Washington Bankers Association's revenue in 2022 was $1,457,261.


Official website here: www.wabankers.com

Who are the executives of Washington Bankers Association and what are their salaries?

The average compensation at Washington Bankers Association during 2022 was $92,681. There are 7 employees at Washington Bankers Association.


Here are 18 key members and their salaries (Washington Bankers Association's CEO's salary is $330,632 and their total compensation is $354,229):


Glen Simecek (President & Ceo)
  • Compensation: $330,632
  • Related: $0
  • Other: $23,597
Duncan Taylor (Senior Vice President)
  • Compensation: $149,854
  • Related: $0
  • Other: $20,498
Jack Heath (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Horton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Kiley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Mason (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Oakes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Pearson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Rasmussen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clint Stein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Stewart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Swartley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Beardall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Coleman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Deines (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Mcdonald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Guildner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wabankers.com

Where can I find the form 990 for Washington Bankers Association?

Washington Bankers Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wabankers.com

Learn more at the official website: www.wabankers.com

Mission Statement of Washington Bankers Association

The Washington Bankers Association, abbreviated as WBA, is dedicated to promoting and advancing the banking industry beyond the Northwest region. Their mission is centered around providing advocacy support at the state level to ensure the interests of the banking community are represented and upheld. The association aims to foster a thriving banking sector by advocating on behalf of its member companies, thereby contributing to the overall economic growth and stability of the industry.

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Impact




October, 2024

The Washington Bankers Association (WBA) plays a crucial role in supporting and advancing the banking industry within the Northwest and beyond. By providing advocacy at the state level, the WBA works to promote the interests of the banking community, ensuring that member companies have a strong voice in legislative matters. This involvement helps shape policies that impact the banking sector, enabling financial institutions to better serve their customers and the community. The association's commitment to fostering a robust banking environment contributes significantly to community improvement and economic development in the region. Through its initiatives, the WBA not only enhances the industry’s vitality but also encourages collaborative efforts among banks to address local needs and challenges.




This information is meant to be a general summary of Washington Bankers Association. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,729,837 (2022)
Expenses
$1,659,635 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $622
  • Program Service Revenue: $1,266,603
  • Gross Receipts: $1,457,261

Assets and Liabilities:

  • Total Assets: $3,914,960
  • Total Liabilities: $501,742
  • Net Assets: $3,413,218

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DUES AND ASSESSMENTS

Revenue

$656,979

CONVENTIONS AND SEMINARS

Revenue

$565,245

COMMISSIONS

Revenue

$44,379

Organization Details

Founding Year

1970

Principal Officer

Glen Simecek

Main Address

601 UNION STREET SUITE 1720, SEATTLE, WA, 98101

NTEE Category

Code: S41 - Community improvement

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