2024-11-13T22:12:05-06:00 2023-12-31 910189318 MOSS ADAMS LLP 805 SW BROADWAY STE 1400 PORTLAND OR 97205 990 2023-01-01 930241680 OREGON BANKERS ASSOCIATION OREG 5035813522 PO BOX 13429 SALEM OR 97309 LORI KALIHER EVP/CHIEF OPERATING OFFICER 5035813522 2024-11-13 1 1 WENDY CAMPOS P00448102 5032421447 2024-11-13 2023 2024-10-15 13:58:12Z SCOTT BRUUN PO BOX 13429 SALEM OR 97309 2990603 0 X WWW.OREGONBANKERS.COM X 1905 OR THE OREGON BANKERS ASSOCIATION ADVOCATES ON BEHALF OF BANKS DOING BUSINESS IN THE STATE OF OREGON. 16 16 8 617 37740 0 94803 0 2166826 2123936 66951 110494 -38203 83445 2290377 2317875 3250 3925 0 0 1155282 1218235 0 0 0 1038747 1029082 2197279 2251242 93098 66633 6084242 6249192 2085000 2128907 3999242 4120285 TO BE THE VOICE OF OREGON BANKING 0 0 CONFERENCES AND EDUCATION: OREGON BANKERS ASSOCIATION (OBA) CONTINUES TO SET THE STANDARD FOR PROVIDING TIMELY, HIGH-QUALITY EDUCATION SPECIFICALLY DESIGNED FOR ITS MEMBERSHIP. OBA'S PROGRAMS LEVERAGE THE TALENTS OF EXPERTS IN THE FIELD OF BANKING AND FOCUS ON LEGISLATIVE AND REGULATORY TRENDS FOR THE ECONOMIC AND BUSINESS CLIMATE IN OREGON. OBA BRINGS EASE OF USE TO MEMBERS WITH THE ASSOCIATION'S MANY WEBINARS AND ONLINE COURSES, WHILE STILL PROVIDING VALUABLE NETWORKING OPPORTUNITIES WITH ITS CONFERENCES, SCHOOLS, SEMINARS AND WORKSHOPS. GOVERNMENT AND ADVOCACY: ON AN ANNUAL BASIS, OBA MONITORS LEGISLATIVE PROPOSALS, ADMINISTRATIVE RULES AND ADVOCATES FOR MEMBER INTERESTS AT BOTH THE STATE AND FEDERAL LEVEL. THESE EFFORTS HELP ENSURE THAT OREGON BANKS ARE ABLE TO DO BUSINESS IN A FAIR AND COMPETITIVE BUSINESS ENVIRONMENT. THIS INCLUDES PARITY IN THE LAWS AND REGULATIONS THAT GOVERN VARIOUS TYPES OF FINANCIAL SERVICE PROVIDERS, AS WELL AS THE OPPORTUNITY TO PROVIDE A BROAD RANGE OF FINANCIAL PRODUCTS AND SERVICES TO OREGONIANS. OTHER BANK SERVICES: OBA KEEPS MEMBERS ABREAST OF CURRENT DEVELOPMENTS IN BANKING PRACTICES AND BANKING LEGISLATION THROUGH PREPARATION AND DISTRIBUTION OF BANKING-RELATED PUBLICATIONS AND NEWSLETTERS. FROM OREGON BANKERS ASSOCIATION'S WEEKLY "FRIDAY FIVE" NEWSLETTER TO ITS QUARTERLY MAGAZINE "BANKING MATTERS", OREGON BANKERS ASSOCIATION IS THE GO-TO SOURCE FOR ALL THINGS OREGON BANKING AND BEYOND. 0 0 0 1 0 0 0 0 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 15 0 1 8 1 1 1 0 0 0 1 1 0 0 0 X 16 16 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X LORI KALIHER 5035813522 PO BOX 13429 SALEM OR 97309 R SHANE CORREA SECRETARY - TREASURER 0.50 0.00 X X 0 0 0 JOAN REUKAUF IMMEDIATE PAST CHAIR 0.50 0.50 X X 0 0 0 TED B AUSTIN CHAIR 0.50 0.50 X X 0 0 0 RYAN DEMPSTER CHAIR-ELECT 0.50 0.50 X X 0 0 0 KATE SALYERS CHAIR, CBO 0.50 0.50 X 0 0 0 TREY MAUST CHAIR, SBAI 0.50 0.50 X 0 0 0 GORDON ZIMMERMAN DIRECTOR 0.50 0.50 X 0 0 0 JEFFREY D SUMPTER DIRECTOR 0.50 0.50 X 0 0 0 RON GREEN DIRECTOR 0.50 0.50 X 0 0 0 JASON WESSLING DIRECTOR 0.50 0.50 X 0 0 0 CHRIS MERRYWELL DIRECTOR 0.50 0.00 X 0 0 0 DENISE PORTMANN DIRECTOR 0.50 0.00 X 0 0 0 JEFF DEUEL DIRECTOR 0.50 0.00 X 0 0 0 JEFF LANG DIRECTOR 0.50 0.00 X 0 0 0 JOSHUA LYONS DIRECTOR 0.50 0.00 X 0 0 0 TAWNIE NELSON DIRECTOR (THRU 11/2023) 0.50 0.00 X 0 0 0 THOMAS MORAN DIRECTOR 0.50 0.00 X 0 0 0 TRACY CURTIS DIRECTOR 0.50 0.00 X 0 0 0 JEFF BAILEY DIRECTOR 0.50 0.00 X 0 0 0 ROBERT HARDING DIRECTOR (THRU 6/2023) 0.50 0.00 X 0 0 0 LINDA NAVARRO PRESIDENT / CEO 28.00 12.00 X 356264 0 87107 LORI KALIHER SVP / CHIEF OPERATING OFFI 28.00 12.00 X 174269 0 40081 KEVIN T CHRISTIANSEN VP-GOVERNMENT AFFAIRS DIRE 40.00 0.00 X 129434 0 23480 ANDREA ROSE SVP - MARKETING & COMM 8.00 32.00 X 117769 0 17774 777736 0 168442 4 0 1 0 0 EDUCATION/CONFERENCES 900099 865445 865445 MEMBER DUES 900099 806388 806388 OTHER PROGRAM REVENUE 900099 452103 452103 2123936 104137 104137 291037 291037 679085 672728 6357 6357 6357 ADVERTISING 541800 37740 37740 EQUITY LOSSES OF SUBSI 900099 -245332 -245332 -207592 2317875 1878604 37740 401531 3925 582772 490137 38346 38462 68518 11815 48331 128895 8546 53665 27553 15068 44261 25499 601178 9980 LEGISLATIVE OTHER 30126 MEALS & ENTERTAINMENT 9155 TRAINING 7600 DUES & SUBSCRIPTIONS 5644 1766 2251242 170761 229307 1661401 1912440 33439 45807 310334 322736 1471546 1601550 1187579 942250 1249182 1195102 6084242 6249192 308398 296640 91974 164022 1684628 1668245 2085000 2128907 X 3999242 4120285 3999242 4120285 6084242 6249192 66633 54410 0 X 1 X 0 1 0 0 0 1 806388 345401 345401 354811 -9410 0 942250 C 942250 RIGHT OF USE ASSETS 1195102 1195102 LONG-TERM INCENTIVE PLAN 442086 LONG-TERM LEASE LIABILITY 1226159 1668245 X PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE OBA QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER THE PROVISIONS OF SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE, IS NOT CLASSIFIED AS A PRIVATE FOUNDATION, AND IS EXEMPT FROM FEDERAL, STATE, AND LOCAL INCOME TAXES. OBA HAS CERTAIN SOURCES OF REVENUE WHICH ARE CLASSIFIED AS UNRELATED BUSINESS INCOME AND THEREFORE, ARE SUBJECT TO UNRELATED BUSINESS INCOME TAXES. HOWEVER, AS NET INCOME FROM SUCH SOURCES WAS MINIMAL, NO PROVISION FOR INCOME TAXES HAS BEEN MADE. THE ASSOCIATION HAD NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2023 AND 2022. OBA FILES AN EXEMPT ORGANIZATION RETURN WITH THE U.S. FEDERAL JURISDICTION AND UNRELATED BUSINESS INCOME TAX RETURNS WITH THE U.S. FEDERAL JURISDICTION AND THE STATE OF OREGON. ITS TAXABLE SUBSIDIARY FILES A CORPORATE TAX RETURN WITH THE U.S. FEDERAL JURISDICTION AND WITH THE STATE OF OREGON, AND VARIOUS ADDITIONAL STATES. AS OF DECEMBER 31, 2023, TAX YEARS 2020, 2021, AND 2022 REMAIN OPEN FOR EXAMINATION BY THESE TAXING AUTHORITIES. X 1 1 X X X 0 1 0 LINDA NAVARRO PRESIDENT / CEO 250953 0 38107 0 67204 0 76192 0 10915 0 443371 0 59150 0 LORI KALIHER SVP / CHIEF OPERATING OFFI 138173 0 20297 0 15799 0 26871 0 13210 0 214350 0 15799 0 KEVIN T CHRISTIANSEN VP-GOVERNMENT AFFAIRS DIRE 117986 0 11448 0 0 0 10349 0 13131 0 152914 0 0 0 PART I, LINE 1A THE ORGANIZATION PAYS FOR TRAVEL EXPENSES OF THE PRESIDENT'S SPOUSE FOR UP TO TWO BUSINESS TRIPS PER YEAR. AMOUNTS PAID FOR COMPANION TRAVEL ARE INCLUDED AS TAXABLE INCOME FOR THE PRESIDENT. PART I, LINE 4B TWO MEMBERS OF EXECUTIVE MANAGEMENT PARTICIPATE IN A 457(F) PLAN. CONTRIBUTIONS FOR 2023 - LORI KALIHER $14,039, LINDA NAVARRO $52,275 FOR A TOTAL OF $62,314. DISTRIBUTIONS IN 2023 - LORI KALIHER $15,799 AND LINDA NAVARRO $59,150 FOR A TOTAL OF $74,949. FORM 990, PART VI, SECTION A, LINE 6 THE ASSOCIATION'S MEMBERSHIP CONSISTS OF ACTIVE MEMBERS, AFFILIATE MEMBERS, ASSOCIATE MEMBERS AND HONORARY MEMBERS. ACTIVE MEMBERS CONSIST OF FDIC DEPOSITORY INSTITUTIONS ENGAGING IN BANKING BUSINESS IN OREGON. FORM 990, PART VI, SECTION A, LINE 7A ONLY ACTIVE MEMBERS SHALL HAVE THE RIGHT TO VOTE FOR THE OFFICERS AND THE MEMBERS OF THE BOARD OF DIRECTORS. EACH ACTIVE MEMBER SHALL BE ENTITLED TO ONE VOTING DELEGATE WHICH MUST BE AN OFFICER, DIRECTOR OR TRUSTEE OF THE MEMBER REPRESENTED. ACTIVE MEMBERS CAN ALSO VOTE TO REMOVE ANY OFFICER OF THE ASSOCIATION. AFFILIATE, ASSOCIATE AND HONORARY MEMBERS ARE NOT ENTITLED TO VOTE. FORM 990, PART VI, SECTION A, LINE 7B ONLY ACTIVE MEMBERS SHALL HAVE THE RIGHT TO VOTE FOR THE OFFICERS AND THE MEMBERS OF THE BOARD OF DIRECTORS. EACH ACTIVE MEMBER SHALL BE ENTITLED TO ONE VOTING DELEGATE WHICH MUST BE AN OFFICER, DIRECTOR OR TRUSTEE OF THE MEMBER REPRESENTED. ACTIVE MEMBERS CAN ALSO VOTE TO REMOVE ANY OFFICER OF THE ASSOCIATION. AFFILIATE, ASSOCIATE AND HONORARY MEMBERS ARE NOT ENTITLED TO VOTE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY THE FINANCE, AUDIT AND COMPLIANCE COMMITTEE ON BEHALF OF THE BOARD OF DIRECTORS PRIOR TO ITS FILING. ALL BOARD MEMBERS RECEIVE A COPY OF THE FORM 990 AFTER IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C PERSONS COVERED BY THE CONFLICT OF INTEREST POLICY MUST ANNUALLY DISCLOSE THEIR INTERESTS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST. THEY MAY PROVIDE A LIST OF FAMILY MEMBERS, ANY SUBSTANTIAL BUSINESS OR INVESTMENT HOLDINGS, AND/OR OTHER TRANSACTIONS OR AFFILIATIONS WITH BUSINESSES AND OTHER ORGANIZATIONS OR THOSE OF FAMILY MEMBERS. THE INDIVIDUAL DISCLOSES TO OR PROVIDES AN UPDATE TO THE BOARD CHAIR ON A FORM PROVIDED BY THE ASSOCIATION. FOR EACH INTEREST DISCLOSED TO THE BOARD CHAIR, THE CHAIR WILL DETERMINE WHETHER TO: (A) TAKE NO ACTION; (B) ASSURE FULL DISCLOSURE TO THE BOARD OF DIRECTORS AND OTHER INDIVIDUALS COVERED BY THIS POLICY; (C) ASK THE PERSON TO RECUSE FROM PARTICIPATION IN RELATED DISCUSSIONS OR DECISIONS WITHIN THE ASSOCIATION; OR (D) ASK THE PERSON TO RESIGN FROM HIS OR HER POSITION IN THE ASSOCIATION OR, IF THE PERSON REFUSES TO RESIGN, BECOME SUBJECT TO POSSIBLE REMOVAL IN ACCORDANCE WITH THE ASSOCIATION'S REMOVAL PROCEDURES. FORM 990, PART VI, SECTION B, LINE 15 TOP MANAGEMENT, OFFICER AND KEY EMPLOYEE COMPENSATION IS DETERMINED BASED ON BOARD REVIEW IN CONJUNCTION WITH A SALARY SURVEY. PRESIDENT/CEO COMPENSATION MUST BE APPROVED BY THE BOARD GOVERNANCE COMMITTEE. THIS REVIEW PROCESS IS CONDUCTED ON AN ANNUAL BASIS. IN THE CURRENT YEAR, THE REVIEW WAS CONDUCTED APRIL 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. AUDITED FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. COMMUNITY BANKS OF OREGON PO BOX 13429 SALEM OR 97309 936032250 PROMOTE INTERESTS OF BANKS CHARTERED UNDER OREGON LAW OR 0 0 OREGON BANKERS ASSOCIATION OBA EDUCATION FOUNDATION PO BOX 13429 SALEM OR 97309 930910219 EDUCATIONAL SERVICES & PRGMS FOR BANK INDUSTRY EMPLOYEES OR FUTURE EE'S OR 501(C)(3) 509(A)(2) OREGON BANKERS ASSOCIATION 0 SYNERGY BY ASSOCIATION INC PO BOX 13429 SALEM OR 97309 930956678 SALES OF BANK-RELATED PRODUCTS AND SERVICES OR OREGON BANKERS ASSOCIATION C -234115 1302564 1.00000 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 0 SYNERGY BY ASSOCIATION INC A 291037 CASH TRANSFERRED SYNERGY BY ASSOCIATION INC L 443103 CASH TRANSFERRED SYNERGY BY ASSOCIATION INC O 443103 CASH TRANSFERRED