2020-02-18T14:56:46-06:00 2019-06-30 581653941 MOORE COLSON & COMPANY PC 600 GALLERIA PARKWAY SE SUITE 600 ATLANTA GA 30339 990 2018-07-01 580254910 GEORGIA BANKERS ASSOCIATION INC GEOR 4045221501 50 HURT PLAZA SUITE 1050 ATLANTA GA 30303 J JOSEPH BRANNEN PRESIDENT 4045221501 2020-01-24 1 JOSEPH COLEMAN P01272190 7709890028 38.128.101.35 2020-01-24 11:46:17 ES P 9BF2EC140E72335F19A0CA5ADC3087A58E8E8AEB 6CC87BB889D6A9D7CC59D0F214416BDC6413CD0E 2018 2020-09-23 17:36:50Z J JOSEPH BRANNEN 50 HURT PLAZA SUITE 1050 ATLANTA GA 30303 4312748 0 X WWW.GABANKERS.COM X 1924 GA THE GBA IS THE TRADE AND PROFESSIONAL ORGANIZATION REPRESENTING THE INTERESTS OF BANKS AND THRIFT INSTITUTIONS IN THE STATE OF GEORGIA. IT PROVIDES PROFESSIONAL DEVELOPMENT PROGRAMS, DELIVERS QUALITY PRODUCTS AND SERVICES, LOBBIES TO PASS OR DEFEAT LEGISLATION, AND IS THE PRINCIPAL VOICE FOR THE STATE'S BANKING INDUSTRY AS WELL AS THE PRIMARY OUTSIDE RESOURCE FOR ITS MEMBERS IN ACCOMPLISHING THEIR GOALS AND OBJECTIVES. 22 21 18 250 799881 0 0 0 3068723 3210986 119773 163087 839752 881243 4028248 4255316 0 0 0 0 2214047 2309794 0 0 0 1736938 1809701 3950985 4119495 77263 135821 6723153 6041259 4164359 4016670 2558794 2024589 X GBA'S MISSION IS TO DELIVER HIGH QUALITY, COST EFFECTIVE PRODUCTS AND SERVICES TO MEMBERS IN ORDER TO ENHANCE ALL MEMBERS' ABILITY TO COMPETE EFFECTIVELY AND PROFITABLY IN THE MARKETPLACE. 0 0 MEMBER EVENTS: PROFESSIONAL AND SOCIAL EVENTS SUCH AS AN ANNUAL CONVENTION, ROUNDTABLE DISCUSSION MEETINGS, AND LEADERSHIP DEVELOPMENT PROGRAMS FOR YOUNG BANKERS. 2,574 ATTENDEES FOR THE YEAR ENDED 6/30/19. MEMBER SCHOOLS:GEORGIA BANKING SCHOOL, OPERATIONS & TECHNOLOGY SCHOOL, AND ADVANCED COMPLIANCE SCHOOL - MULTI-DAY, TWO OR THREE-YEAR SCHOOLS FOCUSING ON SPECIFIC AREAS OF BANKING. 272 STUDENTS ATTENDED FOR THE YEAR ENDED 6/30/19. MEMBER CONFERENCES:ANNUAL CONFERENCES FOR SPECIALIZED AREAS OF BANKING SUCH AS RURAL DEVELOPMENT AND LENDING, FINANCIAL RISK MANAGEMENT, CREDIT, BANK SECURITY, HR PROFESSIONALS, MARKETERS, OPERATIONS/TECHNOLOGY, AND COMPLIANCE. 1,797 ATTENDEES FOR THE YEAR ENDED 6/30/19. MEMBER SEMINARS:PART-DAY PROGRAMS FOCUSED ON A SINGLE TOPIC THAT IS RELEVANT TO THE ATTENDING BANKERS. 610 ATTENDEES FOR THE YEAR ENDED 6/30/19. 0 0 1 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 1 0 0 1 27 0 1 18 1 1 1 0 0 0 1 1 0 0 0 X 22 21 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 GA X J JOSEPH BRANNEN 4045221501 50 HURT PLAZA SUITE 1050 ATLANTA GA 30303 JOHN F HALL CHAIRMAN 2.00 X X 0 0 0 J CHARLES COPELAND CHAIRMAN ELECT 2.00 X X 0 0 0 SPENCER N MULLIS VICE CHAIRMAN 2.00 X X 0 0 0 KENNETH A BIBB SECRETARY/TREASURER 2.00 X X 0 0 0 H PALMER PROCTOR JR PAST CHAIRMAN 1.00 X 0 0 0 J JOSEPH BRANNEN PRESIDENT 40.00 X X 423843 0 26113 CHANDLER MAURICE BEASLEY III BOARD MEMBER 1.00 X 0 0 0 GLENN PAIT WILLIS JR BOARD MEMBER 1.00 X 0 0 0 T HEATH FOUNTAIN BOARD MEMBER 1.00 X 0 0 0 JOHNNY S SMITH BOARD MEMBER 1.00 X 0 0 0 DAVID R COXON BOARD MEMBER 1.00 X 0 0 0 HENRY J POPE JR BOARD MEMBER 1.00 X 0 0 0 FORD THIGPEN BOARD MEMBER 1.00 X 0 0 0 MICHAEL T LEE BOARD MEMBER 1.00 X 0 0 0 MONTY G WATSON BOARD MEMBER 1.00 X 0 0 0 C RHODES MCLANAHAN BOARD MEMBER 1.00 X 0 0 0 SCOTT A BEELEY BOARD MEMBER 1.00 X 0 0 0 CYNTHIA N DAY BOARD MEMBER 1.00 X 0 0 0 TIMOTHY M PERRY BOARD MEMBER 1.00 X 0 0 0 HAROLD R REYNOLDS BOARD MEMBER 1.00 X 0 0 0 DAWN B GRIFFIN GBA SERVICES CHAIR 1.00 X 0 0 0 CHRISTOPHER C EDWARDS COMMUNITY BANKERS COMMITTEE CHAIR 1.00 X 0 0 0 J KEITH ANTHONY LEADERSHIP GBA REP (NON-VOTING) 1.00 X 0 0 0 RON H MITCHELL ASSOCIATE MEMBER REP (NON-VOTING) 1.00 X 0 0 0 JONATHAN S HIGHTOWER GENERAL COUNSEL (NON-VOTING) 1.00 X 0 0 0 JOHN RUNNION SR VICE PRESIDENT & CFO 40.00 X 173600 0 17547 ELIZABETH W CHANDLER SR VP GOVERNMENT RELATIONS 40.00 X 163823 0 15919 DAVID M OLIVER SR VP COMMUNICATIONS & MARKETING 40.00 X 171004 0 18264 AMANDA S RICHARDS DIRECTOR OF RETIREMENT SERVICES 40.00 X 139871 0 15775 1072141 0 93618 5 0 1 0 RITZ CARLTON ONE MIRAMONTES POINT ROAD HALF MOON BAY CA 94019 FACILITIES FOR GBA ANNUAL MEETING 218610 UGA - CENTER FOR CONTINUING EDUCATION BUSINESS OFFICE ROOM 275 ATHENS GA 30062 FACILITIES FOR BANKING SCHOOL 184456 DEMAREST STRATEGY GROUP PO BOX 5949 HILTON HEAD ISLAND SC 29938 PROGRAM MANAGEMENT & EVENT FACILITATION 174529 50 HURT LLC PO BOX 68045 NEWARK NJ 07101 OFFICE BUILDING RENT 158077 MARRIOTT BUSINESS SERVICES PO BOX 402642 ATLANTA GA 30384 VENUES FOR MULTIPLE GBA PROGRAMS 138017 6 MEMBER DUES 900099 1383987 1383987 MEMBER EVENTS 900099 811347 811347 MEMBER CONFERENCES 611430 450569 450569 MULTI-YEAR SCHOOLS 611430 317770 317770 MEMBER SEMINARS AND ONLINE PROGRA 611430 247313 247313 3210986 91614 91614 117214 45741 71473 71473 71473 93053 11691 81362 81362 ADMIN SERVICE FEES 561000 799881 799881 799881 4255316 3292348 799881 163087 1010113 691001 148166 364131 96383 47414 14286 130935 26737 102957 4215 898835 41633 16210 PROGRAM SERVICES - SCHO 250467 GENERAL AND ADMINISTRAT 117513 LEGISLATIVE 69131 OTHER PROGRAM EXPENSES 59945 29423 4119495 796869 1070133 2078928 1961714 250967 148538 1324 2328 98265 67236 379342 309423 79166 69919 3410696 2716884 6938 4507 6723153 6041259 644978 762051 862078 818757 2657303 2435862 4164359 4016670 X 2523186 1997546 35608 27043 2558794 2024589 6723153 6041259 X 135821 -14889 -655137 X 0 1 X 0 0 302398 0 0 0 1383987 302398 302398 304477 -2079 PART I-A, LINE 1: COMPENSATION, TRAVEL, AND ADMINISTRATIVE EXPENSES FOR STAFF INVOLVED IN POLITICAL LOBBYING ACTIVITIES. 2926 2387 539 183807 149928 33879 192609 157108 35501 69919 DEFERRED RENT OBLIGATION 71874 DUE TO AFFILIATED TRUSTS 463653 PENSION BENEFITS LIABILITY 1855335 RESERVE FOR MARKETING COSTS 45000 2435862 X PART X, LINE 2: THE ORGANIZATION RECORDS A LIABILITY FOR UNRECOGNIZED TAX BENEFITS RESULTING FROM UNCERTAIN TAX POSITIONS, IF ANY, TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE. THE ACCOUNTING FOR UNCERTAIN TAX POSITIONS DID NOT HAVE ANY IMPACT ON THE ORGANIZATION'S CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED JUNE 30, 2019 AND 2018. THE ORGANIZATION IS GENERALLY NO LONGER SUBJECT TO U.S. FEDERAL, STATE, OR LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2015. X 0 1 X X X 0 0 0 J JOSEPH BRANNEN PRESIDENT 423843 0 0 0 0 0 23463 0 2650 0 449956 0 0 0 JOHN RUNNION SR VICE PRESIDENT & CFO 173600 0 0 0 0 0 15130 0 2417 0 191147 0 0 0 ELIZABETH W CHANDLER SR VP GOVERNMENT RELATIONS 163823 0 0 0 0 0 13975 0 1944 0 179742 0 0 0 DAVID M OLIVER SR VP COMMUNICATIONS & MARKETING 171004 0 0 0 0 0 14956 0 3308 0 189268 0 0 0 AMANDA S RICHARDS DIRECTOR OF RETIREMENT SERVICES 139871 0 0 0 0 0 12446 0 3329 0 155646 0 0 0 PART I, LINE 1B THE EXECUTIVE COMMITTEE DETERMINED THAT THE ORGANIZATION WOULD PROVIDE THE BENEFIT OF PAYING DUES TO THE FOLLOWING SOCIAL CLUBS: COMMERCE CLUB & CHEROKEE TOWN CLUB ON BEHALF OF THE ORGANIZATION'S CEO. THIS IS DETERMINED TO BE A PIECE OF THE CEO'S COMPENSATION, AS FURTHER EXPLAINED IN SCHEDULE J, PART III. PART I, LINE 3 NARRATIVE REGARDING THE DETERMINATION OF CEO COMPENSATION: COMPENSATION FOR THE GEORGIA BANKERS ASSOCIATION (GBA) CEO IS DETERMINED BY THE ASSOCIATION'S EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE CONSISTS OF FIVE BOARD MEMBERS OF THE GBA - THE CHAIRMAN, CHAIRMAN-ELECT, VICE CHAIRMAN, SECRETARY/TREASURER, AND MOST RECENT PAST CHAIRMAN. THE COMMITTEE MEETS PERIODICALLY DURING THE YEAR, AND AT LEAST ANNUALLY, MEETS TO DISCUSS POSSIBLE CHANGES TO CEO COMPENSATION. THE COMMITTEE DETERMINES THE TOTAL AMOUNT, AS WELL AS THE COMPOSITION OF CEO COMPENSATION. IN DETERMINING CEO COMPENSATION, THE COMMITTEE CONSIDERS SUCH FACTORS AS THE COMPENSATION OF CEOS OF COMPARABLE STATE BANKING ASSOCIATIONS, THE GBA'S RECENT LEVEL OF SUCCESS IN ACHIEVING ITS FINANCIAL AND OPERATIONAL GOALS, RECENT SALARY INCREASES AND BONUSES AWARDED TO OTHER STAFF MEMBERS OF THE GBA, RECENT COMPENSATION TRENDS IN THE BANKING AND NON-PROFIT SECTORS, AND THE CURRENT HEALTH OF THE BANKING INDUSTRY AND THE OVERALL ECONOMY. BOGAN J BRANNEN PRESIDENT'S SON 71225 COMPENSATION (ANNUAL WAGES AND BENEFITS) PAID TO BOGAN BRANNEN, THE SON OF THE ORGANIZATION'S PRESIDENT. BOGAN REPORTS TO THE SENIOR VICE PRESIDENT OF COMMUNICATIONS AND MARKETING AND IS PAID A SALARY ON LEVEL WITH THE MARKET. 0 FORM 990, PART VI, SECTION A, LINE 2 THE BOARD OF DIRECTORS IS COMPOSED OF BUSINESS LEADERS WITHIN THE INDUSTRY. AS SUCH, THE DIRECTORS MAY HAVE NORMAL BUSINESS RELATIONSHIPS WITH EACH OTHER IN THE NORMAL COURSE OF BUSINESS. HOWEVER, THESE BUSINESS RELATIONSHIPS ARE CONDUCTED AT ARM'S LENGTH, PURSUANT TO NORMAL BUSINESS TERMS. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS ARE PERSONS WHO HAVE THE RIGHT TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS MEMBER GROUPS, EACH OF WHICH HAS THE POWER TO ELECT AT LEAST ONE VOTING MEMBER TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE CEO PROVIDES THE MEMBERS OF THE BOARD'S EXECUTIVE COMMITTEE WITH A COPY OF THE FORM 990 AT A MEETING THAT TAKES PLACE WITHIN 30 DAYS OF THE FILING DATE OF THE FORM 990. THE MEMBERS OF THE EXECUTIVE COMMITTEE ARE FREE TO REVIEW THE FORM, ASK QUESTIONS, AND MAKE COMMENTS. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS AND DIRECTORS WHO DISCLOSE A POTENTIAL CONFLICT OF INTEREST SHALL BE GIVEN THE OPPORTUNITY TO PRESENT ALL MATERIAL FACTS TO THE BOARD SO THAT THE BOARD MAY DETERMINE WHETHER AN ACTUAL CONFLICT OF INTEREST EXISTS. THOSE WHO DISCLOSE POTENTIAL CONFLICTS OF INTEREST SHALL LEAVE THE BOARD MEETING FOR SUCH TIME AS THE BOARD MAY TAKE TO MAKE A DETERMINATION REGARDING SUCH CONFLICT. IF ANY OFFICER OR DIRECTOR DISCLOSES A CONFLICT OF INTEREST OR IS DETERMINED BY THE BOARD TO HAVE A CONFLICT OF INTEREST, SUCH OFFICER OR DIRECTOR SHALL NOT PARTICIPATE IN ANY BOARD DISCUSSION OR VOTE ON THE TRANSACTION OR ARRANGEMENT THAT IS THE SUBJECT OF THE CONFLICT AND SHALL LEAVE THE BOARD MEETING FOR SUCH TIME AS THE BOARD MAY TAKE TO DISCUSS AND VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS (ALL VOLUNTEERS) EVALUATES THE CEO'S PERFORMANCE ANNUALLY ACCORDING TO CRITERIA ESTABLISHED PRIOR TO THE START OF THE YEAR. THEY DECIDE BOTH SALARY INCREASES AND BONUS AMOUNTS BASED ON PERFORMANCE AND VARIOUS EXTERNAL FACTORS. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS ARE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: PENSION BENEFIT ADJUSTMENT -655,137. GEORGIA BANKERS ASSOCIATION MASTER PENSION AND PROFIT SHARING TRUSTS 50 HURT PLAZA SUITE 1050 ATLANTA GA 30303 PROVIDES PENSION BENEFITS TO ELIGIBLE EMPLOYEES OF MEMBERS GA 501(C)(25) 0 GEORGIA BANKERS ASSOCIATION INSURANCE TRUST 50 HURT PLAZA SUITE 1050 ATLANTA GA 30303 582241094 PROVIDES GROUP INSURANCE BENEFITS TO ELIGIBLE EMPLOYEES OF MEMBERS GA 501(C)(9) 0 GBA SERVICES INC 50 HURT PLAZA SUITE 1050 ATLANTA GA 30303 582340727 PRODUCT ENDORSEMENTS GA N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 GEORGIA BANKERS ASSOCIATION INSURANCE TRUST Q 2472717 ACTUAL REIMBURSEMENT GEORGIA BANKERS ASSOCIATION MASTER PENSION AND PROFIT SHARING TRUSTS Q 665159 ACTUAL REIMBURSEMENT