Southwest Association Of Bank Counsel is located in Austin, TX. The organization was established in 1978. According to its NTEE Classification (I03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwest Association Of Bank Counsel 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 12/2023, Southwest Association Of Bank Counsel generated $68.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $78.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trey Penny Vice President | 1 | $0 | |
Celeste M Embrey Secretary/treasurer | 1 | $0 | |
Michael L Durham President - Elect | 1 | $0 | |
M Edward Burdzinski President | 1 | $0 | |
Kristina L Cunningham Director | 1 | $0 | |
Jenny Johnson Holman Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $11,814 |
| Membership dues | $53,435 |
| Investment income | $2,965 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $270 |
| Total Revenue | $68,484 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,225 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $29,009 |
| Other expenses | $45,423 |
| Total expenses | $78,657 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $236,579 |
| Other assets | $0 |
| Total assets | $248,393 |
| Total liabilities | $54,010 |
| Net assets or fund balances | $194,383 |