2022-11-12T06:46:33-06:00 2021-12-31 742516372 REYNOLDS & FRANKE PC 6850 AUSTIN CENTER BLVD SUITE 100 AUSTIN TX 78731 990 2021-01-01 751459906 INDEPENDENT BANKERS ASSOCIATION OF TEXAS INDE 5124746889 1700 RIO GRANDE 100 AUSTIN TX 787011683 CHRISTOPHER WILLISTON VI PRESIDENT & CEO 5124746889 2022-11-12 1 CHRISTOPHER WILLISTON VI 999009999 RONALD H REYNOLDS P00964479 5122063141 2022-11-12 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z CHRISTOPHER WILLISTON VI 1700 RIO GRANDE 100 AUSTIN TX 787011683 5536028 0 X WWW.IBAT.ORG X 1974 TX PROMOTE AND PROTECT THE INTEREST OF INDEPENDENT BANKING. 49 49 31 85 15980 13214 411006 328748 2260474 2915634 249865 759778 1418571 1507633 4339916 5511793 0 200500 0 0 2428947 2722982 0 0 0 1396648 1973557 3825595 4897039 514321 614754 6294232 7396649 1316177 1528082 4978055 5868567 TO PRESENT THE VIEWS OF INDEPENDENT TEXAS BANKERS TO THE TEXAS AND U.S. LEGISLATURES, REGULATORY AUTHORITIES, AND TO THE PUBLIC TO PROMOTE AND PROTECT THE INTEREST OF INDEPENDENT BANKING. 0 0 CONVENTION: IBAT SPONSORS AN ANNUAL CONVENTION AND CONFERENCES EACH FALL FOR ITS MEMBERS. THE MEMBERS RECEIVE UPDATES ON CURRENT ECONOMIC, REGULATORY, AND MARKETING ISSUES FOR BANKING. THE CONVENTION ALLOWS MEMBERS TO INTERFACE WITH EACH OTHER, ASSOCIATION STAFF, AND VARIOUS BANKING AFFILIATED VENDORS. LOBBYING: IBAT MONITORS ALL STATE OF TEXAS AND FEDERAL LEGISLATION WHICH WOULD IMPOSE REGULATIONS AND/OR TAXES ON THE BANKS WITHIN TEXAS. BASED ON THE BOARD OF DIRECTORS AND THE REGULATORY LIAISON COMMITTEE'S DECISIONS, IBAT REPRESENTS ITS MEMBERSHIP POSITION ON PENDING LEGISLATION TO THE BILL COMMITTEE OR DIRECTLY TO VARIOUS LEGISLATORS. MAGAZINE: IBAT PUBLISHES A QUARTERLY MAGAZINE THROUGH IBAT MARKETING, WHICH IS SENT TO ALL MEMBERS AS A MEMBERSHIP BENEFIT. THE MAGAZINE INCLUDES ARTICLES ABOUT BANKS WITHIN TEXAS, UPCOMING EDUCATIONAL OPPORTUNITIES, THE CURRENT FEDERAL AND STATE REGULATORY ENVIRONMENT, AND OTHER ARTICLES RELATED TO BANKING IN TEXAS. 0 1 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 1 13 0 1 31 1 1 1 0 0 0 1 1 0 0 0 X 49 49 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X URSULA JIMENEZ 5124746889 1700 RIO GRANDE 100 AUSTIN TX 78701 BRADLEY H TIDWELL IMMEDIATE PAST CHAIR 3.00 X X 0 0 0 THOMAS C SELLERS CHAIR 1.00 X X 0 0 0 KYLE IRWIN CHAIR-ELECT 1.00 X X 0 0 0 CHRISTOPHER C DOYLE SECRETARY/TREASURER 1.00 X X 0 0 0 KELLY BARCLAY DIRECTOR 1.00 X 0 0 0 JOHN DAVID BAKER DIRECTOR (SEPT-DEC) 1.00 X 0 0 0 KEVIN BASS DIRECTOR 1.00 X 0 0 0 CINDY BLANKENSHIP DIRECTOR 1.00 X 0 0 0 BRAD BURGESS DIRECTOR 1.00 X 0 0 0 JOE BURNETT DIRECTOR 1.00 X 0 0 0 DANNY BUTLER DIRECTOR 1.00 X 0 0 0 THOMAS CANFIELD JR DIRECTOR 1.00 X 0 0 0 MIKE FERNANDEZ DIRECTOR 1.00 X 0 0 0 COREY R FLENCHER DIRECTOR (SEPT-DEC) 1.00 X 0 0 0 GABRIEL GUERRA DIRECTOR 1.00 X 0 0 0 TRACY HARRIS DIRECTOR 1.00 X 0 0 0 DOAK HARTLEY DIRECTOR 1.00 X 0 0 0 SCOTT HEITKAMP DIRECTOR 1.00 X 0 0 0 RUSTY HITT DIRECTOR 1.00 X 0 0 0 KIM KING DIRECTOR 1.00 X 0 0 0 SLOAN KUEHL DIRECTOR (SEPT-DEC) 1.00 X 0 0 0 FORREST LLOYD DIRECTOR 1.00 X 0 0 0 RONNIE MILLER DIRECTOR 1.00 X 0 0 0 WILL MILLER DIRECTOR 1.00 X 0 0 0 MIKE MURPHY DIRECTOR 1.00 X 0 0 0 CORY NEWSOM DIRECTOR 1.00 X 0 0 0 SAM NUNN DIRECTOR (MAR-DEC) 1.00 X 0 0 0 TIM O'BRIEN DIRECTOR 1.00 X 0 0 0 VIC PIERSON DIRECTOR 1.00 X 0 0 0 STEVE RETZLOFF DIRECTOR 1.00 X 0 0 0 RODNEY RUTHART DIRECTOR 1.00 X 0 0 0 LEANN SANCHEZ DIRECTOR 1.00 X 0 0 0 MICHAEL SCAIEF DIRECTOR 1.00 X 0 0 0 RICHARD SCANIO DIRECTOR 1.00 X 0 0 0 KATHY SMITH DIRECTOR 1.00 X 0 0 0 KINNAN STOCKTON DIRECTOR 1.00 X 0 0 0 DOUG STREATER DIRECTOR 1.00 X 0 0 0 ROBERT TEMPLE DIRECTOR 1.00 X 0 0 0 REED WILLIAMS DIRECTOR (SEPT-DEC) 1.00 X 0 0 0 ROGER WILLIAMS DIRECTOR 1.00 X 0 0 0 GREG WILSON DIRECTOR 1.00 X 0 0 0 SAMMY YORK DIRECTOR 1.00 X 0 0 0 HAZEM AHMED DIRECTOR 1.00 X 0 0 0 JODY LEE DIRECTOR 1.00 X 0 0 0 BYRON BEXLEY DIRECTOR 1.00 X 0 0 0 DAN FRANK DIRECTOR 1.00 X 0 0 0 RICKY LEAL DIRECTOR 1.00 X 0 0 0 JUSTIN STEINBACH DIRECTOR 1.00 X 0 0 0 ROY THOMPSON DIRECTOR 1.00 X 0 0 0 RANDY GARCIA DIRECTOR (JAN-SEPT) 1.00 X 0 0 0 JULIE MAYRANT DIRECTOR (JAN-SEPT) 1.00 X 0 0 0 CLIFF MCCAULEY DIRECTOR (JAN-MAR) 1.00 X 0 0 0 GARY OWENS DIRECTOR (JAN-SEPT) 1.00 X 0 0 0 ALAN RENFROE DIRECTOR (JAN-SEPT) 1.00 X 0 0 0 DARLA ROOKE DIRECTOR (JAN-SEPT) 1.00 X 0 0 0 PETER SMITH DIRECTOR (JAN-SEPT) 1.00 X 0 0 0 MIKEL WILLIAMSON DIRECTOR (JAN-SEPT) 1.00 X 0 0 0 URSULA JIMENEZ CHIEF OPERATING OFFICER 39.00 1.00 X 187452 6164 38797 CHRISTOPHER WILLISTON VI PRESIDENT & CEO 39.00 1.00 X 278804 11116 50411 STEPHEN SCURLOCK DIRECTOR GOVERNMENT RELATIONS 40.00 X 269363 0 64165 CURTIS NELSON DIRECTOR OF MEMBERSHIP 40.00 X 221811 0 50072 JULIE COURTNEY PRESIDENT, IBAT SERVICES 9.00 31.00 X 28115 163861 45166 KAREN NEELEY GENERAL COUNSEL 40.00 X 165544 0 26032 CHRISTY BUSSEY DIRECTOR OF GROWTH & DEVELOPMENT 31.00 9.00 X 155363 44423 27137 SHAY IACOPENELLI DIRECTOR OF GROWTH & DEVELOPMENT 12.00 28.00 X 104631 46273 19177 MEREDYTH FOWLER LEGISLATIVE COUNSEL 40.00 X 148335 0 24489 CAROL TROY AGENCY MANAGER 0.00 40.00 X 0 128317 26702 ESMERALDA GONZALES PRESIDENT, MAINSTREET (JAN-NOV) 11.00 29.00 X 30254 76150 19146 KELLY GOULART REGULATORY COMPLIANCE 40.00 0.00 X 108280 0 29931 1697952 476304 421225 9 0 1 0 CALTECH 940 ARROYO SAN ANGELO TX 76903 IT SERVICES 206637 FREEMAN PO BOX 734596 DALLAS TX 75373 AV SERVICES 101279 2 328748 328748 DUES 900099 1874334 1874334 CONVENTION 900099 720223 720223 LEGISLATIVE FUND 900099 167390 167390 LEADERSHIP DIVISION 900099 109033 109033 PUBLICATIONS REVENUE 900099 24500 24500 20154 4174 15980 2915634 750013 750013 1483350 1483350 21762 0 21762 21762 21762 34000 24235 9765 9765 9765 COMPLIANCE FEE 900099 2521 2521 2521 5511793 2181952 15980 2985113 200500 1698288 676855 13640 185904 148295 1860 21170 433239 12867 250346 24560 252432 105873 616768 145 74545 51346 UBIT EXPENSE 2841 SUBSCRIPTIONS 53114 DUES/MEMBERSHIP 23447 BAD DEBT 14000 35004 4897039 885161 1098255 337987 350303 103525 84452 20000 20000 90486 93934 4126333 2441796 1768219 1684537 3666 3666 3085188 4061502 6294232 7396649 54284 75832 930747 1039985 331146 412265 1316177 1528082 X 4978055 5868567 4978055 5868567 6294232 7396649 614754 275758 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1874334 187193 187193 841576 -654383 245921 245921 2224231 1224459 999772 332432 115256 217176 1258908 1096678 162230 64841 5403 59438 1684537 INTERCO. REC. - IBAT MKT., INC. 1239333 INTERCO. REC. - IBAT SERVICES 296777 INTERCO. REC. - MAIN STREET 318392 INTERCO. REC. - IBAT FINANCIAL SERVICES, INC. 380048 CASH SURRENDER VALUE OF LIFE INSURANCE POLICIES 1826952 4061502 EMPLOYEE BENEFIT PLAN PAYABLE 175079 DEFERRED SALARY CONTINUATION PLAN BENEFIT 237186 412265 X PART X, LINE 2: EXPLANATION: THE MOST SIGNIFICANT TAX POSITION OF THE ASSOCIATION IS ITS ASSERTION THAT IT IS EXEMPT FROM INCOME TAXES AND ITS DETERMINATION OF WHETHER ANY AMOUNTS ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT). THE INTERNAL REVENUE SERVICE (IRS) CONSIDERS THIS "BUSINESS INCOME" UNRELATED TO THE ASSOCIATION'S TAX EXEMPT STATUS. A PORTION OF THE PROFIT FROM THESE ACTIVITIES IS SUBJECT TO FEDERAL INCOME TAXES. FOR THE YEAR ENDED DECEMBER 31, 2021, IBAT ACCRUED FOR ESTIMATED UNRELATED BUSINESS INCOME TAXES DUE. FOR THE YEAR ENDED DECEMBER 31, 2020, IBAT HAD NO UNRELATED BUSINESS INCOME. ALL SIGNIFICANT TAX POSITIONS HAVE BEEN CONSIDERED BY MANAGEMENT AND IT HAS DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT ALL TAX POSITIONS WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. 1 TEXAS TECH FOUNDATION PO BOX 45025 LUBBOCK TX 79409 756043842 501(C)(3) 100000 0 DONATION TO BANKING SCHOOL TEXAS A&M FOUNDATION 401 GEORGE BUSH DR COLLEGE STATION TX 77840 742245072 501(C)(3) 100000 0 DONATION TO BANKING SCHOOL 2 PART I, LINE 2: THE ASSOCIATION MAKES UNRESTRICTED DONATIONS TO CHARITABLE ORGANIZATIONS. X 1 1 X X X X 0 1 0 CHRISTOPHER WILLISTON VI PRESIDENT & CEO 237386 11116 30833 0 10585 0 22821 0 26155 1435 327780 12551 0 0 STEPHEN SCURLOCK DIRECTOR GOVERNMENT RELATIONS 217651 0 39292 0 12420 0 28507 0 35658 0 333528 0 0 0 CURTIS NELSON DIRECTOR OF MEMBERSHIP 183972 0 24625 0 13214 0 20920 0 29152 0 271883 0 0 0 JULIE COURTNEY PRESIDENT, IBAT SERVICES 18866 132090 6351 21816 2898 9955 1969 6765 23384 13048 53468 183674 0 0 URSULA JIMENEZ CHIEF OPERATING OFFICER 146949 6164 30573 0 9930 0 6593 0 31554 650 225599 6814 0 0 CHRISTY BUSSEY DIRECTOR OF GROWTH & DEVELOPMENT 125951 44423 17081 0 12331 0 12468 0 8528 6141 176359 50564 0 0 KAREN NEELEY GENERAL COUNSEL 156324 0 6562 0 2658 0 10016 0 16016 0 191576 0 0 0 MEREDYTH FOWLER LEGISLATIVE COUNSEL 139898 0 8382 0 55 0 8393 0 16096 0 172824 0 0 0 SHAY IACOPENELLI DIRECTOR OF GROWTH & DEVELOPMENT 104631 38639 0 6250 0 1384 6275 0 7187 5715 118093 51988 0 0 CAROL TROY AGENCY MANAGER 0 122734 0 5279 0 304 0 8057 0 18645 0 155019 0 0 FORM 990, SCHEDULE J: IBAT IS THE COMMON PAYMASTER FOR ITSELF AND ITS RELATED ENTITIES. AMOUNTS LISTED ON FORM 990, PART VII, SECTION A, COLUMN E AND SCHEDULE J, PART II, ROW II REPRESENT ALLOCATION OF SHARED PAYROLL EXPENSES TO IBAT'S RELATED ENTITIES. STEVE SCURLOCK KEY EMPLOYEE MEMBERSHIP FEE X 20000 20000 0 0 1 20000 FORM 990, PART VI, SECTION A, LINE 2 - MIKEL WILLIAMSON AND PETER SMITH - BUSINESS RELATIONSHIP - JOE KIM KING, VICTOR PIERSON, AND GARY OWENS - BUSINESS RELATIONSHIP - JOE KIM KING AND REED WILLIAMS - BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP ELIGIBILITY IS SUBJECT TO APPROVAL BY THE BOARD OF DIRECTORS AND PAYMENT OF THE REQUESITE DUES. MEMBERSHIP IS DIVIDED INTO FIVE CLASSES; ASSOCIATE, CORRESPONDENT ASSOCIATE, SUSTAINING MEMBER BANK, AFFILIATE, AND LEADERSHIP DIVISION. FORM 990, PART VI, SECTION A, LINE 7A AT EACH MEETING OF THE ASSOCIATION AND UPON EACH PROPOSAL PRESENTED AT SUCH MEETING EACH MEMBER OF THE ASSOCIATION IN GOOD STANDING SHALL BE ENTITLED TO ONE VOTE TO BE CAST BY ONE OF ITS OFFICERS OR DIRECTORS DESIGNATED BY SUCH MEMBER OR OTHERWISE AUTHORIZED. FORM 990, PART VI, SECTION A, LINE 7B ALL MEMBERS OF THE ASSOCIATION IN GOOD STANDING SHALL BE ENTITLED TO VOTE ON CHANGES TO BY-LAWS, ELECTION OF OFFICERS, ADDITION OF BOARD MEMBERS AND VARIOUS MANAGEMENT ITEMS. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT TAX RETURN WILL BE REVIEWED BY THE BUDGET, AUDIT, AND COMPENSATION COMMITTEE WITH THE TAX RETURN PREPARING CPA. THE BUDGET, AUDIT, AND COMPENSATION COMMITTEE WILL MAKE ANY CORRECTIONS AND APPROVE FOR FILING. A COPY OF THE RETURN WILL BE PROVIDED TO THE BOARD MEMBERS BEFORE FILING THE TAX RETURN. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER IS REQUIRED TO COMPLETE, SIGN, AND RETURN A DISCLOSURE POLICY AT THE BEGINNING OF EVERY YEAR. PERIODIC REMINDERS OCCUR AT BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF THE CEO IS DETERMINED BY THE BUDGET, AUDIT, AND COMPENSATION COMMITTEE. THE PROCESS FOR DETERMINING COMPENSATION INCLUDES A WRITTEN EMPLOYMENT CONTRACT, COMPENSATION STUDY, APPROVAL BY THE BUDGET, AUDIT AND COMPENSATION COMMITTEE AND THEN FINALLY BY THE EXECUTIVE COMMITTEE AND/OR THE BOARD OF DIRECTORS OF IBAT. THIS DECISION MAKING PROCESS IS DOCUMENTED IN THE BOARD MINUTES. COMPENSATION FOR KEY EMPLOYEES IS DETERMINED BY THE CEO AND REVIEWED BY THE BUDGET, AUDIT, AND COMPENSATION COMMITTEE. THE ORGANIZATION PARTICIPATES IN AN ASSOCIATION SALARY SURVEY THAT COMPARES POSITIONS TO THE SALARIES OF OTHER ASSOCIATIONS. THE SURVEY IS USED AS A BASIS FOR DETERMINING SALARY RANGE FOR EACH STAFF POSITION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC THROUGH WRITTEN OR ORAL REQUEST. MAIN STREET FOUNDATION 1700 RIO GRANDE ST STE 100 AUSTIN TX 78701 742932297 EDUCATIONAL DEVELOPMENT TX 501(C)(3) LINE 10 0 INDEPENDENT BANKERS ASSOCIATION OF TEXAS PAC 1700 RIO GRANDE ST STE 100 AUSTIN TX 78701 742791631 LEGISLATIVE ACTIVITIES TX 527 0 IBAT SERVICES INC 1700 RIO GRANDE ST STE 100 AUSTIN TX 78701 742306778 BANKING SERVICES TX INDEPENDENT BANKERS ASSOCIATION OF TEXAS C 2017915 1483739 1.00000 1 IBAT MARKETING INC 1700 RIO GRANDE ST STE 100 AUSTIN TX 78701 742597021 BANKING SERVICES TX INDEPENDENT BANKERS ASSOCIATION OF TEXAS C 327735 362044 1.00000 1 IBAT FINANCIAL SERVICES INC 1700 RIO GRANDE ST STE 100 AUSTIN TX 78701 760311543 INSURANCE TX INDEPENDENT BANKERS ASSOCIATION OF TEXAS C 581343 865441 1.00000 1 IBAT BOND TRUST 1701 RIO GRANDE STE 100 AUSTIN TX 78701 746290508 INSURANCE TX INDEPENDENT BANKERS ASSOCIATION OF TEXAS T 5461 765667 1.00000 1 0 0 0 0 0 1 0 0 0 0 0 1 0 1 1 0 1 0 0 IBAT FINANCIAL SERVICES O 358210 ACTUAL CASH IBAT FINANCIAL SERVICES N 7004 ACTUAL CASH IBAT FINANCIAL SERVICES Q 281 ACTUAL CASH IBAT MARKETING INC O 395043 ACTUAL CASH IBAT MARKETING INC N 9004 ACTUAL CASH IBAT MARKETING INC Q 2005 ACTUAL CASH IBAT SERVICES INC O 362207 ACTUAL CASH IBAT SERVICES INC N 23246 ACTUAL CASH IBAT SERVICES INC Q 2469 ACTUAL CASH IBAT SERVICES INC L 404867 ACTUAL CASH IBAT SERVICES INC F 750000 ACTUAL CASH MAIN STREET FOUNDATION Q 6761 ACTUAL CASH MAIN STREET FOUNDATION N 16511 ACTUAL CASH MAIN STREET FOUNDATION O 303424 ACTUAL CASH IBAT BOND TRUST O 3610 ACTUAL CASH IBAT PAC L 32810 ACTUAL CASH