Community Bankers Association Of Georgia
- Assets
- $3.6m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 9
- Location
- Marietta, GA
- Founding
- 10/1969
- Data as of
- 12/2021
- EIN
- 23-7044028
Organization Overview
Community Bankers Association Of Georgia is located in Marietta, GA. The organization was established in 1969. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Community Bankers Association Of Georgia employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Bankers Association Of Georgia is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Community Bankers Association Of Georgia generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE PRESERVATION & CONTINUED DEVELOPMENT OF COMMUNITY BANKING
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL PROGRAMS FOR BANKS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Mcnair President & CEO | Officer | 40 | $271,249 |
Lori Godfrey Chief Of Staff | Officer | 40 | $153,143 |
Mike Sale At Large/division 2 Chair | OfficerTrustee | 0 | $0 |
Clark Hungerford Division 3 Chair | OfficerTrustee | 0 | $0 |
Derek Williams Division 4 Chair | OfficerTrustee | 0 | $0 |
Zachary Frye /division 7 Chair | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $575,680 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $63,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $638,680 |
| Total Program Service Revenue | $1,603,423 |
| Investment income | $15,392 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,257,495 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $488,787 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $428,881 |
| Pension plan accruals and contributions | $38,546 |
| Other employee benefits | $47,951 |
| Payroll taxes | $57,539 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $143,344 |
| Advertising and promotion | $11,563 |
| Office expenses | $924 |
| Information technology | $52,607 |
| Royalties | $0 |
| Occupancy | $53,851 |
| Travel | $35,850 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $261,384 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,562 |
| Insurance | $6,906 |
| All other expenses | $43,092 |
| Total functional expenses | $1,994,674 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,231,987 |
| Savings and temporary cash investments | $2,003,240 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $97,486 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $193,134 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $19,583 |
| Net Land, buildings, and equipment | $16,324 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,978 |
| Total assets | $3,566,732 |
| Accounts payable and accrued expenses | $126,965 |
| Grants payable | $0 |
| Deferred revenue | $259,012 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $385,977 |
| Net assets without donor restrictions | $2,704,956 |
| Net assets with donor restrictions | $475,799 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,566,732 |
Endowment Analysis
| Beg. Balance | $379,764 |
| Earnings | $3,472 |
| Admin Expense | $250 |
| Grants | $4,000 |
| Ending Balance | $378,985 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Electric Membership Corporation Tucker, GA | $11,625,229 | $14,888,867 |
Tennessee Electric Co-Op Assn Nashville, TN | $3,724,180 | $7,501,409 |
Tennessee Valley Public Power Assocation Inc Chattanooga, TN | $38,455,755 | $10,938,894 |
Alabama Rural Electric Association Of Cooperatives Montgomery, AL | $6,685,824 | $6,922,697 |
Florida Rural Water Association Inc Tallahassee, FL | $5,495,162 | $5,330,787 |
North Carolina Bankers Association Raleigh, NC | $20,486,401 | $4,106,914 |
Association Of County Commissioners Of Alabama Montgomery, AL | $4,269,663 | $2,836,484 |
Community Bankers Association Of Georgia Marietta, GA | $3,566,732 | $2,257,495 |
Association Of Energy Services Professionals Oviedo, FL | $3,026,296 | $1,527,113 |
Bahama Out Islands Promotion Board Plantation, FL | $1,121,105 | $1,383,765 |
North Carolina Retired Governmental Employees Association Inc Raleigh, NC | $2,683,390 | $2,030,365 |
American Water Works Association St Cloud, FL | $1,502,789 | $877,562 |