2025-05-12T15:09:19-05:00 2024-06-30 371335003 ECK SCHAFER & PUNKE LLP 227 S Seventh Street Springfield IL 62701 990 2023-07-01 370990447 Community Bankers Assn of IL Inc COMM 2175292665 901 Community Drive Springfield IL 62703 KRAIG LOUNSBERRY PRESIDENT 2175292665 2025-03-29 1 0 Brent Leach P00331592 2175251111 2025-03-29 2023 2025-03-06 01:10:19Z KRAIG LOUNSBERRY 901 Community Drive Springfield IL 62703 4535179 0 X www.cbai.com X 1974 IL The mission of the Community Bankers Association of Illinois is to provide its members a competitive edge by effectively aggregating political, economic, and marketing power. The CBAI is dedicated to keeping community banks competitive for the benefit of their customers and the communities they serve through delivery of quality education, effective political representation, and essential products and services. The mission will be pursued with integrity, equal representation, professionalism, vision, and responsiveness. 26 26 21 180 160065 0 0 0 3767955 3872185 57877 99672 570742 563322 4396574 4535179 0 0 0 0 2230313 2203480 0 0 0 1828867 1850503 4059180 4053983 337394 481196 6787281 6993830 1513447 1514246 5273834 5479584 X The mission of the Community Bankers Association of Illinois is to provide its members a competitive edge by effectively aggregating political, economic, and marketing power. The CBAI is dedicated to keeping community banks competitive for the benefit of their customers and the communities they serve through delivery of quality education, effective political representation, and essential products and services. The mission will be pursued with integrity, equal representation, professionalism, vision, and responsiveness. 0 0 The Association represents the strengths, values and contributions of community banks in Illinois through publications, meetings, conventions & other activities. 0 0 0 1 0 0 0 0 0 1 1 0 0 0 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 0 1 0 0 1 17 0 1 21 1 1 1 0 0 0 0 0 0 0 X 26 26 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X Patrick Beveridge CFO 2175292265 901 Community Drive Springfield IL 62703 Jason Semple Director 1.00 X 0 0 0 Gregg Roegge Director 1.00 X 0 0 0 John Dosier Director 1.00 X 0 0 0 Jeff Bonnett Director 1.00 X 0 0 0 Jim Weast Treasurer 1.00 X X 0 0 0 Shawn Davis Director 1.00 X 0 0 0 Sheila Burcham Chairwoman 1.00 X X 0 0 0 Amy Thiede Director 1.00 X 0 0 0 Dan Graham Second Vice Chairman 1.00 X 0 0 0 Mary Jo Homan Director 1.00 X 0 0 0 Kim McKee Director 1.00 X 0 0 0 Doug Parrott Director 1.00 X X 0 0 0 Colleen Henkel Director 1.00 X 0 0 0 David Stanton First Vice Chairman 1.00 X X 0 0 0 Kevin Day Director 1.00 X 0 0 0 Rick Klinedinst Director 1.00 X 0 0 0 Chad Martin Director 1.00 X 0 0 0 Patrick McShane Director 1.00 X 0 0 0 Matt Clark Director 1.00 X 0 0 0 Dianna Torman Director 1.00 X 0 0 0 Jennifer Beard Director 1.00 X 0 0 0 Delaina Zellers Director 1.00 X 0 0 0 Andrew Black Director 1.00 X 0 0 0 Neal Stimpert Director 1.00 X 0 0 0 David Loundy Director 1.00 X 0 0 0 David Albin Director 1.00 X 0 0 0 Patrick Beveridge CFO 37.50 X 113741 0 0 David Schroeder VP of Fed Governmental Rel 37.50 X 162155 0 0 Kraig Lounsberry President 37.50 X 321287 0 0 Tracy McQuinn Senior VP of Education & S 37.50 X 150561 0 0 Gerald Peck Senior VP of Governmental 37.50 X 129256 0 0 877000 0 0 6 0 1 0 0 Membership Dues 561000 1652307 1652307 Education 611600 1465847 1465847 Convention 611600 705631 705631 Career Development Div 611600 45330 45330 Associate Membership D 561000 3070 3070 3872185 85445 85445 368922 368922 18846 0 18846 18846 18846 14227 0 14227 14227 14227 Consulting Fees 541900 157622 157622 Misc 561000 11089 11089 Comp. Survey 561000 4400 4400 2443 2443 175554 4535179 3887674 160065 487440 1756347 67647 249092 130394 18949 80398 46443 36726 73114 540 78068 20765 Education Programs 1267257 Repairs and Maintenance 127008 Meals & Entertainment 44231 Property Tax 37354 19650 4053983 3594482 3870709 236924 358192 810614 822470 146015 154653 2748110 2081943 644648 666167 500 500 1331544 1056098 22554 65041 6787281 6993830 105900 126268 1407547 1387978 1513447 1514246 X 5273834 5479584 5273834 5479584 6787281 6993830 X 481196 -275446 X 0 1 X 1 0 0 0 0 1635692 132118 5559 137677 29442 108235 156000 156000 1633107 1242522 390585 959003 839421 119582 666167 Investment in Subsidiary 1056098 F 1056098 X 4597694 62515 62515 4535179 0 4535179 4116498 62515 62515 4053983 0 4053983 Part X, Line 2: The Association follows accounting principles generally accepted in the United States of America related to the accounting for uncertainty in income taxes, which guidance sets a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Tax positions for the open tax years as of June 30, 2024 were reviewed, and it was determined that no provision for uncertain tax positions is required. Part XI, Line 2d - Other Adjustments: Expenses Allocated to Rental Income Part XII, Line 2d - Other Adjustments: Expenses Allocated to Rental Income X X X 1 1 X X X X 0 0 0 Kraig Lounsberry President 321287 0 0 0 0 0 0 0 0 0 321287 0 0 0 David Schroeder VP of Fed Governmental Rel 162155 0 0 0 0 0 0 0 0 0 162155 0 0 0 Tracy McQuinn Senior VP of Education & S 150561 0 0 0 0 0 0 0 0 0 150561 0 0 0 Form 990, Part VI, Section A, line 6 The organization has members. Form 990, Part VI, Section A, line 7a Members elect Directors that serve on the Board of Directors. Form 990, Part VI, Section A, line 7b Members have the authority to vote on Directors, policy matters and resolutions. Form 990, Part VI, Section B, line 11b The CBAI board, the association's primary governing body, has authorized the CBAI finance committee to review and approve the Form 990 before it was filed. Form 990, Part VI, Section B, line 12c All board members and staff are required to annually sign a conflict of interest policy and disclose any conflicts. Form 990, Part VI, Section B, line 15 The process for determining compensation included: A. A thorough review and approval by the Finance Committee. B. No involvement of individuals with a conflict of interest. C. Collection and use of compensation data for similar qualified persons in comparable positions. D. Contemporaneous documentation and record keeping. Form 990, Part VI, Section C, line 19 Upon receipt of a written request and receipt of a check for $1.00 for 1st page and $.15 for each additional page, a copy will be mailed within 24 hours or as reasonably possible. A request made in person and with the payment stated above will also be mailed a copy within 24 hours or as is reasonably possible. Form 990, Part XI, line 9: Loss on Investment in Subsidiaries -275,446. Community Banc Pac 901 Community Drive Springfield IL 62703 362868674 Political Organization IL 527 Community Bankers Assn of Il Inc 0 Community Bankers Assoc of Illinois FedPac 901 Community Drive Springfield IL 62703 371346691 Political Organization IL 527 Community Bankers Assn of Il Inc 0 Community BancService Corporation Inc 901 Community Drive Springfield IL 62703 371111356 IL Community Bankers Association of Illinois C 1.00000 0 1 0 0 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1