Minnesota Bankers Association Employee Benefits Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 3,379,368 | 3,441,721 | −62,353 | 6.8 | 6% |
| 2013 | 3,394,599 | 3,467,735 | −73,136 | 6.5 | 7% |
| 2014 | 3,245,073 | 3,281,814 | −36,741 | 6.7 | 7% |
| 2015 | 3,224,522 | 3,380,194 | −155,672 | 6.0 | 7% |
| 2016 | 3,349,441 | 3,498,839 | −149,398 | 5.3 | 7% |
| 2017 | 3,468,853 | 3,476,498 | −7,645 | 5.3 | 7% |
| 2018 | 3,444,291 | 3,395,049 | 49,242 | 5.6 | 7% |
| 2019 | 3,511,575 | 3,488,372 | 23,203 | 5.5 | 6% |
| 2020 | 3,628,866 | 3,253,360 | 375,506 | 7.3 | 7% |
| 2021 | 3,621,718 | 3,651,739 | −30,021 | 6.4 | 7% |
| 2022 | 3,479,882 | 3,578,973 | −99,091 | 6.2 | 8% |
| 2023 | 3,439,780 | 3,655,438 | −215,658 | 5.4 | 8% |
In its most recent public year (2023), this organization spent $215,658 more than it brought in. Its reserves stood at about 5.4 months of spending, down from 6.8 in 2012. Staff pay was 8% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Minnesota Bankers Association Employee Benefits Trust's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works