2020-10-15T19:01:34-05:00 2019-12-31 742516372 REYNOLDS & FRANKE PC 6850 AUSTIN CENTER BLVD SUITE 100 AUSTIN TX 78731 990 2019-01-01 751459906 INDEPENDENT BANKERS ASSOCIATION OF TEXAS INDE 5124746889 1700 RIO GRANDE NO 100 AUSTIN TX 787011683 CHRISTOPHER WILLISTON VI PRESIDENT & CEO 5124746889 2020-10-15 1 RONALD H REYNOLDS P00964479 5122063141 2020-10-02 104.6.38.16 2020-10-15 19:01:07 CD P 5BC7B4542EB4C56D5C894C07E0F047BC30CE8DFF 625A36CA38FC3B568163427046872719D70BB3DC 2019 2021-04-22 16:20:28Z CHRISTOPHER WILLISTON VI 1700 RIO GRANDE NO 100 AUSTIN TX 787011683 4727369 0 X WWW.IBAT.ORG X 1974 TX PROMOTE AND PROTECT THE INTEREST OF INDEPENDENT BANKING. 47 46 33 600 8455 5838 521563 453568 2725918 2596719 3321 -18440 1559085 1643211 4809887 4675058 0 0 0 0 2793884 2605778 0 0 0 2535317 2291155 5329201 4896933 -519314 -221875 5753083 5533205 1615793 1381960 4137290 4151245 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 MONTHLY 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 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 1 24 0 1 33 1 1 1 0 0 0 1 1 0 0 0 X 47 46 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 RONNIE MILLER IMMEDIATE PAST CHAIR 13.00 X X 0 0 0 RICHARD SCANIO CHAIR 3.00 X X 0 0 0 BRAD TIDWELL CHAIR-ELECT 1.00 X X 0 0 0 TOM SELLERS SECRETARY/TREASURER 1.00 X X 0 0 0 ALAN RENFROE DIRECTOR 1.00 X 0 0 0 BRAD D BURGESS DIRECTOR 1.00 X 0 0 0 BRETT MCDOWELL DIRECTOR (SEPT - DEC) 1.00 X 0 0 0 BRIAN SCHNEIDER DIRECTOR (JAN - OCT) 1.00 X 0 0 0 CHRISTY HESTER DIRECTOR (JAN - SEPT) 1.00 X 0 0 0 CINDY BLANKENSHIP DIRECTOR 1.00 X 0 0 0 CLIFF MCCAULEY DIRECTOR 2.00 X 0 0 0 CORY NEWSOM DIRECTOR 1.00 X 0 0 0 DANNY BUTLER DIRECTOR 1.00 X 0 0 0 DARLA ROOKE DIRECTOR 1.00 X 0 0 0 DOAK HARTLEY DIRECTOR 1.00 X 0 0 0 DOUG STREATER DIRECTOR 1.00 X 0 0 0 FORREST LLOYD DIRECTOR 1.00 X 0 0 0 GABRIEL GUERRA DIRECTOR 1.00 X 0 0 0 GARY COX DIRECTOR (JAN - SEPT) 1.00 X 0 0 0 GARY OWENS DIRECTOR 1.00 X 0 0 0 GREG WILSON DIRECTOR (SEPT - DEC) 1.00 X 0 0 0 JANINE Y KASPER DIRECTOR (JAN - SEPT) 1.00 X 0 0 0 JOE BURNETT DIRECTOR (SEPT - DEC) 1.00 X 0 0 0 JOE KIM KING DIRECTOR 1.00 X 0 0 0 JOHN JAY DIRECTOR (JAN - SEPT) 1.00 X 0 0 0 JULIE MAYRANT DIRECTOR 1.00 X 0 0 0 KATHY SMITH DIRECTOR (SEPT - DEC) 1.00 X 0 0 0 KELLY BARCLAY DIRECTOR 1.00 X 0 0 0 KEVIN BASS DIRECTOR (DEC) 1.00 X 0 0 0 KINNAN STOCKTON DIRECTOR 1.00 X 0 0 0 LEANN SANCHEZ DIRECTOR (SEPT - DEC) 1.00 X 0 0 0 MARK WILLIAMSON DIRECTOR (JAN - SEPT) 1.00 X 0 0 0 MARTY RIVERS DIRECTOR 1.00 X 0 0 0 MAYO KASLING JR DIRECTOR (JAN - SEPT) 1.00 X 0 0 0 MICHAEL SCAIEF DIRECTOR 1.00 X 0 0 0 MIKE FERNANDEZ DIRECTOR (OCT - DEC) 1.00 X 0 0 0 MIKE MURPHY DIRECTOR 1.00 X 0 0 0 MIKEL WILLIAMSON DIRECTOR 1.00 X 0 0 0 PETER SMITH DIRECTOR (SEPT - DEC) 2.00 X 0 0 0 RANDY GARCIA DIRECTOR 1.00 X 0 0 0 ROBERT TEMPLE DIRECTOR 1.00 X 0 0 0 RODNEY RUTHART DIRECTOR 1.00 X 0 0 0 ROGER D WILLIAMS DIRECTOR 1.00 X 0 0 0 ROGERS POPE JR DIRECTOR 2.00 X 0 0 0 RUSTY HITT DIRECTOR (SEPT - DEC) 1.00 X 0 0 0 SAM MUNAFO DIRECTOR 1.00 X 0 0 0 SAMMY D YORK DIRECTOR 1.00 X 0 0 0 SCOTT HEITKAMP DIRECTOR 1.00 X 0 0 0 STEVE RETZLOFF DIRECTOR 1.00 X 0 0 0 THOM CANFIELD DIRECTOR (OCT - DEC) 2.00 X 0 0 0 TIM O'BRIEN DIRECTOR 1.00 X 0 0 0 TRACY HARRIS DIRECTOR 1.00 X 0 0 0 VIC PIERSON DIRECTOR 1.00 X 0 0 0 WILL MILLER DIRECTOR (SEPT - DEC) 1.00 X 0 0 0 URSULA JIMENEZ CHIEF OPERATING OFFICER 38.00 2.00 X 173223 7919 28131 CHRISTOPHER WILLISTON VI PRESIDENT & CEO 38.00 2.00 X 247428 11120 34758 STEPHEN SCURLOCK DIRECTOR GOVERNMENT RELATIONS 40.00 X 354480 0 34676 CURTIS NELSON DIRECTOR OF MEMBERSHIP 40.00 X 209109 0 27937 CHRISTOPHER L WILLISTON PAST PRESIDENT & CEO 40.00 X 693147 0 20271 LORI CORTEZ VICE PRESIDENT IBAT SERVIC 1.00 39.00 X 3567 135882 22393 MEREDYTH FOWLER LEGISLATIVE COUNSEL 40.00 X 142550 0 17151 DOROTHY HOLSTIEN DIRECTOR OF BOARD RELATIONS 40.00 X 124053 0 8692 CAROL TROY AGENCY MANAGER 40.00 X 125488 0 22441 JULIE COURTNEY PRESIDENT, IBAT SERVICES 14.00 26.00 X 44009 108978 32367 2117054 263899 248817 8 0 1 0 MOODY GARDENS 7 HOPE BLVD GALVESTON TX 77554 CONVENTION 176228 CALTECH 940 ARROYO SAN ANGELO TX 76903 IT SERVICES 164532 THE WYMAN COMPANY 4881 NW 8TH AVENUE SUITE 1 GAINESVILLE FL 32605 ADVERTISING 110913 FREEMAN AUDIO VISUAL PO BOX 650519 DALLAS TX 75265 TRADESHOW & CONVENTION 104428 KENNEDY & SUTHERLAND LLP 112 E PECAN ST 2810 SAN ANTONIO TX 78205 LEGAL & LOBBYING FEES 101192 5 453568 453568 DUES 900099 1765590 1765590 CONVENTION 900099 570000 570000 LEADERSHIP DIVISION 900099 116734 116734 LEGISLATIVE FUND 900099 111810 111810 PUBLICATIONS REVENUE 900099 19549 19549 13036 4581 8455 2596719 271 271 1551661 1551661 21762 0 21762 21762 21762 33600 52311 -18711 -18711 -18711 OTHER REVENUE 900099 53093 53093 COMPLIANCE FEE 900099 16695 16695 69788 4675058 2069341 8455 2143694 1821790 419150 42516 178194 144128 36843 21940 119837 424509 14575 246113 18393 232184 207234 750 620786 1819 130476 60604 UBIT 1185 SUBSCRIPTIONS 41494 ENTERTAINMENT 36792 DUES/MEMBERSHIP 33659 41962 4896933 465226 431121 449040 493092 104578 108079 20000 20000 51601 142626 106886 4272424 2390636 2083181 1881788 3666 3666 2433165 2488573 5753083 5533205 110306 64646 810105 873208 55199 4353 640183 439753 1615793 1381960 X 4137290 4151245 4137290 4151245 5753083 5533205 -221875 235830 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1765590 479220 479220 645500 -166280 245921 245921 2224231 1113247 1110984 318510 83313 235197 1235797 992719 243078 247965 201357 46608 1881788 INTERCO. REC. - IBAT MKT., INC. 601448 INTERCO. REC. - IBAT SERVICES 213131 INTERCO. REC. - MAIN STREET 128335 INTERCO. REC. - IBAT FINANCIAL SERVICES, INC. 306954 CASH SURRENDER VALUE OF LIFE INSURANCE POLICIES 1238705 2488573 EMPLOYEE BENEFIT PLAN PAYABLE 56971 LONG TERM EMPLOYEE BENEFIT 125355 DEFERRED SALARY CONTINUATION PLAN BENEFIT 257427 439753 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 YEARS ENDED DECEMBER 31, 2019 AND 2018, THE ASSOCIATION HAS ACCRUED FOR ESTIMATED UNRELATED BUSINESS INCOME TAXES DUE. 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. X 1 1 X X X X 0 1 0 URSULA JIMENEZ CHIEF OPERATING OFFICER 138157 7919 25000 0 10066 0 0 0 27554 577 200777 8496 0 0 CHRISTOPHER WILLISTON VI PRESIDENT & CEO 218616 11120 21708 0 7104 0 0 0 33966 792 281394 11912 0 0 STEPHEN SCURLOCK DIRECTOR GOVERNMENT RELATIONS 219283 0 27312 0 107885 0 0 0 34676 0 389156 0 0 0 CURTIS NELSON DIRECTOR OF MEMBERSHIP 172397 0 28572 0 8140 0 0 0 27937 0 237046 0 0 0 CHRISTOPHER L WILLISTON PAST PRESIDENT & CEO 110710 0 39900 0 542537 0 0 0 20271 0 713418 0 0 0 LORI CORTEZ VICE PRESIDENT IBAT SERVIC 3567 125600 0 5000 0 5282 0 0 6497 15896 10064 151778 0 0 MEREDYTH FOWLER LEGISLATIVE COUNSEL 133748 0 7500 0 1302 0 0 0 17151 0 159701 0 0 0 JULIE COURTNEY PRESIDENT, IBAT SERVICES 13982 108978 21250 0 8777 0 0 0 22543 9824 66552 118802 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 JOE KIM KING, VICTOR PIERSON, AND ROGERS POPE, JR - 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 1224389 496210 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 303809 256116 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 535985 487606 1.00000 1 IBAT BOND TRUST 1701 RIO GRANDE STE 100 AUSTIN TX 78701 746290508 INSURANCE TX INDEPENDENT BANKERS ASSOCIATION OF TEXAS T 6933 695639 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 1 IBAT FINANCIAL SERVICES O 330025 ACTUAL CASH IBAT FINANCIAL SERVICES N 23096 ACTUAL CASH IBAT FINANCIAL SERVICES Q 1856 ACTUAL CASH IBAT FINANCIAL SERVICES S 74756 CASH - INTERCOMPANY IBAT MARKETING INC O 174151 ACTUAL CASH IBAT MARKETING INC N 2077 ACTUAL CASH IBAT MARKETING INC Q 38057 ACTUAL CASH IBAT SERVICES INC O 386981 ACTUAL CASH IBAT SERVICES INC N 16627 ACTUAL CASH IBAT SERVICES INC Q 6221 ACTUAL CASH IBAT SERVICES INC L 372370 ACTUAL CASH IBAT SERVICES INC S 207649 CASH - INTERCOMPANY MAIN STREET FOUNDATION Q 19547 ACTUAL CASH MAIN STREET FOUNDATION N 5760 ACTUAL CASH MAIN STREET FOUNDATION O 213806 ACTUAL CASH MAIN STREET FOUNDATION S 26583 CASH - INTERCOMPANY IBAT BOND TRUST O 1421 ACTUAL CASH IBAT BOND TRUST Q 27 ACTUAL CASH IBAT PAC L 26223 ACTUAL CASH