Loading organization details...
Loading organization details...
THE MASSACHUSETTS BANKERS ASSOCIATION'S MISSION IS TO BE THE PREMIER PARTNER AND TRUSTED RESOURCE FOR OUR MEMBERS THROUGHOUT MASSACHUSETTS AND ACROSS NEW ENGLAND. WE WILL ACCOMPLISH OUR MISSION THROUGH A PROACTIVE FOCUS ON EXCEPTIONAL SOLUTIONS, ADVOCACY AND THOUGHT LEADERSHIP FOR THE BANKING INDUSTRY.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$7.1M
Total Contributions
$3M
Total Expenses
▼$7.2M
Total Assets
$27.7M
Total Liabilities
▼$3.1M
Net Assets
$24.6M
Officer Compensation
→$1.9M
Other Salaries
$1.2M
Investment Income
$693.3K
Fundraising
▼N/A
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2024 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Not confirmed
No additional tax-exempt status records found in ReconForce's database.
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2024IRS e-File | $7.1M | $3M | $7.2M | $27.7M | $24.6M |
| 2023IRS e-File | $7.7M | $2.7M | $7M | $26.7M | $22.9M |
| 2022 | $16.3M | $2.7M | $6.8M | $24.5M | $20.8M |
| 2021 | $6.1M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2024)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Organization info: IRS Business Master File
| Total |
|---|
| Kathleen Murphy | President/ceo/director | 40 | $811.9K | $0 | $170.7K | $982.6K |
| Brad S Papalardo | Clerk/svp Gov't Affairs & General Counsel | 40 | $287.2K | $0 | $36.3K | $323.5K |
| Robert J Fraser | Chair/director | 1 | $0 | $0 | $0 | $0 |
| Martin F Connors | Vice Chair/director | 1 | $0 | $0 | $0 | $0 |
| Anne Tangen | Treasurer/director | 1 | $0 | $0 | $0 | $0 |
Kathleen Murphy
President/ceo/director
$982.6K
Hrs/Wk
40
Compensation
$811.9K
Related Orgs
$0
Other
$170.7K
Brad S Papalardo
Clerk/svp Gov't Affairs & General Counsel
$323.5K
Hrs/Wk
40
Compensation
$287.2K
Related Orgs
$0
Other
$36.3K
Robert J Fraser
Chair/director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Martin F Connors
Vice Chair/director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Anne Tangen
Treasurer/director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Tanya M Duncan | Evp, Revenue And Strategy | 40 | $373.4K | $0 | $31.2K | $404.5K |
| William Tsoules | SVP & CFO | 40 | $245.7K | $0 | $33.9K | $279.6K |
| Benjamin Craigie | Svp, Professional Development Group | 40 | $225.2K | $0 |
Tanya M Duncan
Evp, Revenue And Strategy
$404.5K
Hrs/Wk
40
Compensation
$373.4K
Related Orgs
$0
Other
$31.2K
William Tsoules
SVP & CFO
$279.6K
Hrs/Wk
40
Compensation
$245.7K
Related Orgs
$0
Other
$33.9K
Benjamin Craigie
Svp, Professional Development Group
$258.2K
Hrs/Wk
40
Compensation
$225.2K
Related Orgs
$0
Other
$33.1K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Denis A Sheahan | Director | 1 | $0 | $0 | $0 | $0 |
| Elizabeth J Oliver | Director | 1 | $0 | $0 | $0 | $0 |
| Harold M Horvat | Director | 1 | $0 | $0 | $0 | $0 |
| James M Dunphy | Director | 1 | $0 | $0 | $0 | $0 |
| Jeffrey A Worth | Director | 1 | $0 | $0 | $0 | $0 |
| Kathleen C Marcum | Director (ended 4/2024) |
Denis A Sheahan
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Elizabeth J Oliver
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Harold M Horvat
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $2.6M |
| $5.4M |
| $14.3M |
| $12.7M |
| 2020 | $5.4M | $2.6M | $4.8M | $14.4M | $11.1M |
| 2019 | $8M | $2.6M | $6.6M | $13.8M | $10.7M |
| 2018 | $6.3M | $2.6M | $5.9M | $11.6M | $8.7M |
| 2017 | $7.2M | $2.6M | $6.6M | $11M | $7.9M |
| 2016 | $7M | $2.6M | $6.7M | $10M | $7M |
| 2015 | $6.9M | $2.6M | $6.7M | $12.4M | $5.9M |
| 2014 | $6.6M | $2.5M | $6.5M | $12.2M | $6.2M |
| 2013 | $6.7M | $2.4M | $6.7M | $12.1M | $7.6M |
| 2012 | $6.3M | $2.4M | $6.4M | $10.1M | $5M |
| 2011 | $6.4M | $2.3M | $5.9M | $9.6M | $4.5M |
| 2021 | 990 | Data |
| 2020 | 990 | Data | PDF not yet published by IRS |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| $33.1K |
| $258.2K |
| Annie Coldstream | VP Of Member Engagement & Hr | 40 | $194.3K | $0 | $28.9K | $223.2K |
| Meghan Mccarthy | Vp, Professional Development | 40 | $171.1K | $0 | $18.6K | $189.7K |
| Nicole Almeida | SVP & Chief Of Staff, Media Relations & Inquiries | 40 | $172.8K | $0 | $10.5K | $183.3K |
| Lawrence Liuzzo | VP Of Government Affairs & Industry Relations | 40 | $154.1K | $0 | $16K | $170.1K |
| Chad Pook | VP Of Administration Group Ins. Trust | 40 | $151.9K | $0 | $8,758 | $160.6K |
Annie Coldstream
VP Of Member Engagement & Hr
$223.2K
Hrs/Wk
40
Compensation
$194.3K
Related Orgs
$0
Other
$28.9K
Meghan Mccarthy
Vp, Professional Development
$189.7K
Hrs/Wk
40
Compensation
$171.1K
Related Orgs
$0
Other
$18.6K
Nicole Almeida
SVP & Chief Of Staff, Media Relations & Inquiries
$183.3K
Hrs/Wk
40
Compensation
$172.8K
Related Orgs
$0
Other
$10.5K
Lawrence Liuzzo
VP Of Government Affairs & Industry Relations
$170.1K
Hrs/Wk
40
Compensation
$154.1K
Related Orgs
$0
Other
$16K
Chad Pook
VP Of Administration Group Ins. Trust
$160.6K
Hrs/Wk
40
Compensation
$151.9K
Related Orgs
$0
Other
$8,758
| 1 |
| $0 |
| $0 |
| $0 |
| $0 |
| Kevin Kelly | Director | 1 | $0 | $0 | $0 | $0 |
| Kevin M Tierney Sr | Director (ended 4/2024) | 1 | $0 | $0 | $0 | $0 |
| Lisa Murray | Director | 1 | $0 | $0 | $0 | $0 |
| Marianne Smith | Director | 1 | $0 | $0 | $0 | $0 |
| Mary Mcgovern | Director | 1 | $0 | $0 | $0 | $0 |
| Matt Burke | Director | 1 | $0 | $0 | $0 | $0 |
| Matthew S Sosik | Director | 1 | $0 | $0 | $0 | $0 |
| Meg D Mcisaac | Immediate Past Chair | 1 | $0 | $0 | $0 | $0 |
| Michael G Mcauliffe | Director (ended 4/2024) | 1 | $0 | $0 | $0 | $0 |
| Michael R O'Connell | Immediate Past Chair (ended 4/2024) | 1 | $0 | $0 | $0 | $0 |
| Patrick B Thorpe | Director | 1 | $0 | $0 | $0 | $0 |
| Ping Yin Chai | Director | 1 | $0 | $0 | $0 | $0 |
| Richard Spencer | Director | 1 | $0 | $0 | $0 | $0 |
| Rosemary Picard | Director | 1 | $0 | $0 | $0 | $0 |
| Shinma Sameer | Director (ended 4/2024) | 1 | $0 | $0 | $0 | $0 |
| Thomas W Senecal | Director | 1 | $0 | $0 | $0 | $0 |
| Wayne Patenaude | Director (ended 4/2024) | 1 | $0 | $0 | $0 | $0 |
James M Dunphy
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Jeffrey A Worth
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Kathleen C Marcum
Director (ended 4/2024)
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Kevin Kelly
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Kevin M Tierney Sr
Director (ended 4/2024)
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Lisa Murray
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Marianne Smith
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mary Mcgovern
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Matt Burke
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Matthew S Sosik
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Meg D Mcisaac
Immediate Past Chair
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Michael G Mcauliffe
Director (ended 4/2024)
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Michael R O'Connell
Immediate Past Chair (ended 4/2024)
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Patrick B Thorpe
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Ping Yin Chai
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Richard Spencer
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Rosemary Picard
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Shinma Sameer
Director (ended 4/2024)
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Thomas W Senecal
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Wayne Patenaude
Director (ended 4/2024)
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0