2019-11-15T10:58:45-06:00 2018-12-31 742516372 REYNOLDS & FRANKE PC 6850 AUSTIN CENTER BLVD SUITE 100 AUSTIN TX 78731 990 2018-01-01 751459906 INDEPENDENT BANKERS ASSOCIATION OF TEXAS INDE 5124746889 1700 RIO GRANDE NO 100 AUSTIN TX 787011683 CHRISTOPHER WILLISTON VI PRESIDENT & CEO 5124746889 2019-11-15 1 RONALD H REYNOLDS P00964479 5122063141 2019-11-05 104.6.38.16 2019-11-15 10:51:48 CS P 625A36CA38FC3B568163427046872719D70BB3DC 625A36CA38FC3B568163427046872719D70BB3DC 2018 2020-03-31 21:24:44Z CHRISTOPHER WILLISTON VI 1700 RIO GRANDE NO 100 AUSTIN TX 787011683 4809887 0 X WWW.IBAT.ORG X 1974 TX PROMOTE AND PROTECT THE INTEREST OF INDEPENDENT BANKING. 42 42 32 1200 35946 43987 845302 521563 2810249 2725918 28337 3321 1687497 1559085 5371385 4809887 0 0 0 0 3022233 2793884 0 0 0 2489730 2535317 5511963 5329201 -140578 -519314 6443689 5753083 1794407 1615793 4649282 4137290 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 32 0 1 32 1 1 1 0 0 0 1 1 0 0 0 X 42 42 1 0 1 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 JOE KIM KING IMMEDIATE PAST CHAIR 3.00 X X 0 0 0 CHRISTY HESTER LEADERSHIP DIVISION CHAIR 1.00 X X 0 0 0 RONNIE MILLER CHAIR 2.00 X X 0 0 0 RICHARD SCANIO CHAIR-ELECT 1.00 X X 0 0 0 BRAD TIDWELL SECRETARY/TREASURER 1.00 X X 0 0 0 TOM SELLERS EDUCATION FOUNDATION CHAIR 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 BRIAN SCHNEIDER DIRECTOR 1.00 X 0 0 0 CLIFF MCCAULEY DIRECTOR 1.00 X 0 0 0 CORY NEWSOM DIRECTOR 1.00 X 0 0 0 CYNTHIA BLANKENSHIP DIRECTOR 1.00 X 0 0 0 DARLA ROOKE 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 1.00 X 0 0 0 GARY OWENS DIRECTOR 1.00 X 0 0 0 JAMES HARTLEY DIRECTOR 1.00 X 0 0 0 JANINE Y KASPER DIRECTOR 1.00 X 0 0 0 JOHN JAY DIRECTOR 1.00 X 0 0 0 JULIE MAYRANT DIRECTOR 1.00 X 0 0 0 KELLY BARCLAY DIRECTOR 1.00 X 0 0 0 KINNAN STOCKTON DIRECTOR 1.00 X 0 0 0 MARK WILLIAMSON DIRECTOR 1.00 X 0 0 0 MARTY RIVERS DIRECTOR 1.00 X 0 0 0 MAYO KASLING JR DIRECTOR 1.00 X 0 0 0 MICHAEL SCAIEF DIRECTOR 1.00 X 0 0 0 MIKE MURPHY DIRECTOR 1.00 X 0 0 0 MIKEL WILLIAMSON DIRECTOR 1.00 X 0 0 0 RANDY GARCIA DIRECTOR 1.00 X 0 0 0 ROBERT TEMPLE DIRECTOR 2.00 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 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 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 CHRISTOPHER L WILLISTON PRESIDENT & CEO (JAN-NOV) 39.00 1.00 X 598799 6979 33468 URSULA JIMENEZ SENIOR VP OF FINANCE 38.00 2.00 X 156282 8736 26080 STEPHEN SCURLOCK EXECUTIVE VP 40.00 X 247622 0 41217 CURTIS NELSON SENIOR VP IBAT 6.00 34.00 X 13442 172118 35818 CHRISTOPHER WILLISTON VI SENIOR VP (JAN-NOV) CEO (DEC) 40.00 X 198437 188 34548 LORI CORTEZ VICE PRESIDENT IBAT SERVICES 2.00 38.00 X 3201 134094 18218 MEREDYTH FOWLER LEGISLATIVE COUNSEL 40.00 X 138800 0 15727 DOROTHY HOLSTIEN SENIOR VP 40.00 X 137134 0 23910 CAROL TROY AGENCY MANAGER 40.00 X 123134 0 18603 JULIE COURTNEY VICE PRESIDENT OF EDUCATION 25.00 15.00 X 71791 51364 30648 1688642 373479 278237 7 0 1 0 LA CANTERA RESORT 16641 LA CANTERA PKWY SAN ANTONIO TX 78256 CONVENTION 239012 KENNEDY & SUTHERLAND LLP 112 E PECAN ST 2810 SAN ANTONIO TX 78205 LEGAL & LOBBYING FEES 144786 MARRIOTT BUSINESS SERVICES PO BOX 402642 ATLANTA GA 30384 TRADESHOW 116311 FREEMAN AUDIO VISUAL PO BOX 650519 DALLAS TX 75265 TRADESHOW & CONVENTION 101138 4 521563 521563 DUES 900099 1716932 1716932 CONVENTION 900099 541261 541261 LEADERSHIP DIVISION 900099 267236 267236 LEGISLATIVE FUND 900099 95820 95820 CONVENTION BOOTHS 900099 48775 48775 55894 19948 35946 2725918 3221 3221 1511035 1511035 21762 0 21762 21762 21762 100 0 100 100 100 COMPLIANCE FEE 900099 26280 26280 OTHER REVENUE 900099 8 8 26288 4809887 2126324 35946 2126054 1573733 901798 34121 129554 154678 51400 19338 158083 211528 7048 240951 66498 229639 256109 162 907370 6461 125333 66047 UBIT 4158 ENTERTAINMENT 39907 DUES/MEMBERSHIP 32950 BAD DEBT EXPENSE 27500 84835 5329201 941272 465226 1173389 449040 165874 104578 20000 20000 50078 51601 157193 142626 4471345 2388164 2200577 2083181 3666 3666 1731640 2433165 6443689 5753083 41308 110306 904717 810105 103571 55199 744811 640183 1794407 1615793 X 4649282 4137290 4649282 4137290 6443689 5753083 -519314 7322 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1716932 454635 454635 601098 -146463 245921 245921 2224231 1057642 1166589 293460 71094 222366 1521943 1195257 326686 185790 64171 121619 2083181 INTERCO. REC. - IBAT MKT., INC. 472882 INTERCO. REC. - IBAT SERVICES 420780 INTERCO. REC. - MAIN STREET 154918 INTERCO. REC. - IBAT FINANCIAL SERVICES, INC. 381710 CASH SURRENDER VALUE OF LIFE INSURANCE POLICIES 1002875 2433165 EMPLOYEE BENEFIT PLAN PAYABLE 58875 LONG TERM EMPLOYEE BENEFIT 223126 DEFERRED SALARY CONTINUATION PLAN BENEFIT 358182 640183 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, 2018 AND 2017, 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 CHRISTOPHER L WILLISTON PRESIDENT & CEO (JAN-NOV) 340166 6979 117102 0 141531 0 0 0 33146 322 631945 7301 0 0 URSULA JIMENEZ SENIOR VP OF FINANCE 124933 8736 21575 0 9774 0 0 0 25449 631 181731 9367 0 0 STEPHEN SCURLOCK EXECUTIVE VP 212911 0 23400 0 11311 0 0 0 41217 0 288839 0 0 0 CURTIS NELSON SENIOR VP IBAT 13442 150114 0 15400 0 6604 0 0 19002 16816 32444 188934 0 0 CHRISTOPHER WILLISTON VI SENIOR VP (JAN-NOV) CEO (DEC) 167661 188 18700 0 12076 0 0 0 34533 15 232970 203 0 0 LORI CORTEZ VICE PRESIDENT IBAT SERVICES 3201 130608 0 3000 0 486 0 0 2018 16200 5219 150294 0 0 MEREDYTH FOWLER LEGISLATIVE COUNSEL 133748 0 3750 0 1302 0 0 0 15727 0 154527 0 0 0 DOROTHY HOLSTIEN SENIOR VP 109878 0 18200 0 9056 0 0 0 23910 0 161044 0 0 0 JULIE COURTNEY VICE PRESIDENT OF EDUCATION 49281 51364 14700 0 7810 0 0 0 25543 5105 97334 56469 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 FROM 990, SCHEDULE J, LINE 4B: CHRISTOPHER L WILLISTON: SECTION 457(F) 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 4 DURING THE TAX YEAR THE ORGANIZATION'S BYLAWS WERE AMENDED TO: - ALLOW PROXY VOTES AT BOARD MEETINGS. 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 748225 681628 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 348342 191917 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 405724 491180 1.00000 1 IBAT BOND TRUST 1701 RIO GRANDE STE 100 AUSTIN TX 78701 746290508 INSURANCE TX INDEPENDENT BANKERS ASSOCIATION OF TEXAS T 7603 653267 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 0 0 IBAT FINANCIAL SERVICES O 404605 ACTUAL CASH IBAT FINANCIAL SERVICES N 7902 ACTUAL CASH IBAT FINANCIAL SERVICES Q 3162 ACTUAL CASH IBAT SERVICES INC O 452148 ACTUAL CASH IBAT SERVICES INC N 14113 ACTUAL CASH IBAT SERVICES INC Q 4110 ACTUAL CASH IBAT SERVICES INC L 363363 ACTUAL CASH MAIN STREET FOUNDATION Q 37895 ACTUAL CASH MAIN STREET FOUNDATION N 14119 ACTUAL CASH MAIN STREET FOUNDATION O 216617 ACTUAL CASH IBAT BOND TRUST O 6636 ACTUAL CASH IBAT BOND TRUST Q 123 ACTUAL CASH IBAT PAC L 34412 ACTUAL CASH