2025-04-02T16:27:20-05:00 2023-12-31 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2023-01-01 360753125 Bank Policy Institute BANK 2022894322 1300 I Street NW 1100W Washington DC 200053396 John Court EVP, General Counsel & COO 2022894322 2025-04-02 1 1 Jie Chen CPA P01049760 7038930300 2023 2025-03-06 01:10:19Z X Greg Baer 1300 I Street NW 1100W Washington DC 200053396 35360308 0 X www.bpi.com X 1994 DC Promotes the business of banking and encourages the development of sound banking policy. 17 17 69 0 -194853 0 0 0 29639655 31344062 282921 360505 553492 -194853 30476068 31509714 2716323 190000 0 0 20963561 22311603 0 0 0 7492830 9162287 31172714 31663890 -696646 -154176 41812574 49419204 29303289 34965137 12509285 14454067 Promotes the business of banking and encourages the development of sound banking policy. 0 0 Identifies impacts of pending legislation and regulation affecting the financial services industry and develops and advocates solutions to major policy concerns. BITS addresses issues at the intersection of financial services, technology and public policy, where industry cooperation serves the public good, such as critical infrastructure protection, fraud prevention, cyber defense and the safety of financial services. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 33 0 1 69 1 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 1 1 1 1 1 0 0 1 1 0 1 1 1 1 1 0 DC X Tonny Welling 2022894322 1300 I Street NW Suite 1100W Washington DC 200053396 Jamie Dimon Chairman 1.00 X X 0 0 0 Brian Moynihan Director 1.00 X 0 0 0 Jane Fraser Director 1.00 X 0 0 0 Charlie Scharf Director 1.00 X 0 0 0 Andy Cecere Director 1.00 X 0 0 0 Bharat Masrani Director (beginning July 2023) 1.00 X 0 0 0 Bill Demchak Director (beginning July 2023) 1.00 X 0 0 0 Bill Rogers Director 1.00 X 0 0 0 Richard Fairbank Director (January 2023 - June 2023) 1.00 X 0 0 0 Robin Vince Director 1.00 X 0 0 0 David McKay Director (beginning July 2023) 1.00 X 0 0 0 Ron O'Hanley Director (beginning July 2023) 1.00 X 0 0 0 Darryl White Director (beginning July 2023) 1.00 X 0 0 0 Colm Kelleher Director (beginning July 2023) 1.00 X 0 0 0 Bruce Van Saun Director 1.00 X 0 0 0 Tim Spence Director (January 2023 - June 2023) 1.00 X 0 0 0 Jean Laurent-Bonnafe Director (January 2023 - June 2023) 1.00 X 0 0 0 Kanetsugu Mike Director (January 2023 - June 2023) 1.00 X 0 0 0 Rene Jones Director 1.00 X 0 0 0 Chris Gorman Director (begininning July 2023) 1.00 X 0 0 0 Steve Steinour Director 1.00 X 0 0 0 John Turner Director (January 2023 - June 2023) 1.00 X 0 0 0 Bryan Jordan Director (January 2023 - June 2023) 1.00 X 0 0 0 Greg Baer President & CEO 40.00 1.00 X 2983900 0 62707 Kate Childress EVP, Public Affairs 40.00 1.00 X 1153614 0 31179 John Court EVP GC, Head of Reg Aff & COO 40.00 X 1017806 0 62718 Bill Nelson EVP & Chief Economist 40.00 1.00 X 1052082 0 36447 Chris Feeney EVP & President, BITS 40.00 X 819596 0 61256 Francisco Covas EVP, Head of Research 40.00 X 832501 0 62718 Paige Pidano SVP, Senior Associate General Counsel 40.00 X 639606 0 61863 Edward Hill SVP, Head of Government Relations 40.00 X 583942 0 61977 Gregg Rozanksy SVP, Senior Associate General Counsel 40.00 X 570776 0 31179 Brett Waxman SVP, Senior Associate General Counsel 40.00 X 546492 0 59167 Sean Oblack SVP, Head of Communications 40.00 X 486057 0 62718 10686372 0 593929 48 0 1 0 Sullivan & Cromwell LLP 125 Broad Street New York NY 10004 Consulting 1249408 MOI Inc PO Box 826500 Philadephia PA 19182 Office furniture/design/installation 701025 Compass Lexicon 16701 Melford Blvd Bowie MD 20715 Consulting 612613 DWatts Construction LLC 4875 Eisenhower Ave Suite 250 Alexandria VA 22304 Construction 474401 The Herald Group LLC 1800 M Street NW Ste 450S Washington DC 20003 Consulting 335000 16 Membership dues 900099 31344062 31344062 31344062 619544 619544 3591555 3850594 -259039 -259039 -259039 Net unrelated partnership income 518210 -194853 -194853 -194853 31509714 31344062 -194853 360505 X 190000 8176524 10783069 1158970 942790 1250250 99385 29330 163 4819425 527931 455139 1160597 401050 483634 899603 59541 Unrelated bus. inc. tax 200281 Other taxes 26208 31663890 7902600 1921180 1091504 17621886 602400 241824 341747 265574 9079741 3475845 6295699 5603896 8826646 7301090 1720492 2405214 15031486 14058540 41812574 49419204 10687428 9821855 13610 8084097 18602251 17059185 29303289 34965137 X 12509285 14454067 12509285 14454067 41812574 49419204 X -154176 1219383 879575 X 0 1 X 1 0 0 0 0 31344062 3400000 3400000 3134406 265594 6813490 2879746 3933744 2121093 493893 1627200 145158 102206 42952 5603896 Deposits 109471 Assets held under deferred compensation plan 1559472 Due from Cyber Risk Institute 340079 Right-of-use assets - operating leases 12049518 14058540 Deferred compensation liabilities 1559472 Lease liabilities - operating leases 15499713 17059185 X 33608509 1219383 879575 2098958 31509551 163 163 31509714 31663727 0 31663727 163 163 31663890 Part X, Line 2: Management evaluated the Institute's tax positions and concluded that the Institute's financial statements do not include any uncertain tax positions. Part XI, Line 2d - Other Adjustments: Book to tax (K-1) 879,575. 1 Columbia University 420 West 118th Street 13th Floor New York NY 10027 135598093 501c3 50000 0 Support of initiative on central banking & financial policy Americans for Tax Reform 722 12th Street NW 4th Floor Washington DC 20005 521403587 501c4 75000 0 General support National Bankers Association 1513 P Street Washington DC 20005 520884907 501c6 25000 0 Strategic partnership supporting ending racial wealth gap Center Forward 1214A Ingleside Avenue McLean VA 22101 272429741 501c4 20000 0 General support Fund for Constitutional Gov 1100 13th Street NW Suite 800 Washington DC 20005 237391766 501c3 15000 0 Support for anticorruption policy work 2 3 Part I, Line 2: The Instiute's management attend monthly meetings with other stakeholders to monitor progress and share its perspective. The Insitute's management also attended policy forums with senior members of congress they've hosted to discuss these issues. X X X X X 0 0 0 Greg Baer President & CEO 674000 0 2300000 0 9900 0 22500 0 40207 0 3046607 0 0 0 Kate Childress EVP, Public Affairs 675026 0 475000 0 3588 0 30000 0 1179 0 1184793 0 0 0 Bill Nelson EVP & Chief Economist 471573 0 575000 0 5509 0 30000 0 6447 0 1088529 0 0 0 John Court EVP GC, Head of Reg Aff & COO 590769 0 425000 0 2037 0 22500 0 40218 0 1080524 0 0 0 Francisco Covas EVP, Head of Research 530681 0 300000 0 1820 0 22500 0 40218 0 895219 0 0 0 Chris Feeney EVP & President, BITS 518478 0 285000 0 16118 0 30000 0 31256 0 880852 0 0 0 Paige Pidano SVP, Senior Associate General Counse 407907 0 230000 0 1699 0 22500 0 39363 0 701469 0 0 0 Edward Hill SVP, Head of Government Relations 364915 0 215000 0 4027 0 22500 0 39477 0 645919 0 0 0 Brett Waxman SVP, Senior Associate General Counse 345722 0 200000 0 770 0 22500 0 36667 0 605659 0 0 0 Gregg Rozanksy SVP, Senior Associate General Counse 369872 0 199000 0 1904 0 30000 0 1179 0 601955 0 0 0 Sean Oblack SVP, Head of Communications 378823 0 105000 0 2234 0 22500 0 40218 0 548775 0 0 0 Form 990, Part VI, Section A, line 6 The Institute's membership is reserved for for-profit companies delivering integrated financial services within the United States. The Institute's Nominating Committee, comprised of representatives of the membership, has the authority to nominate Board members for election. Form 990, Part VI, Section A, line 7a The Institute's directors are appointed by the then-current board of directors. Form 990, Part VI, Section A, line 7b Any amendments to the Institute's Bylaws are required to be approved by the board of directors. Form 990, Part VI, Section B, line 11b The 990 is prepared by the Institute's outside auditors. It is then reviewed by the COO and the CEO and a draft is circulated to the Board of Directors prior to filing. Form 990, Part VI, Section B, line 12c The conflict of interest policy is distributed to officers for self-disclosure. Individuals are required to disclose any potential conflicts to the General Counsel, who will assess the facts and take the appropriate actions. Form 990, Part VI, Section B, line 15 An annual salary survey is prepared by the Institute's outside auditors using data gleaned from comparable trade associations. The survey is reviewed by the Chairman and the Compensation Committee who then decide on a compensation amount. The decision is documented and a copy is retained in the personnel file. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part IX, line 11g Consulting 4,758,605. Professional development 24,506. Payroll processing 36,314. Form 990, Part XI, line 9: Change in benefit plan obligation Book to tax (K-1) 879,575. Form 990, Amended Return The 2023 990-T and 990 have been amended to reflect a change in UBI K-1 income. Bank Policy Institute PAC 600 13th Street NW Suite 400 Washington DC 20005 530242039 Political Action Committee DC 527 Bank Policy Institute 1 Bank Policy Institute Foundation 600 13th Street NW Suite 400 Washington DC 20005 262353925 Grants and scholarships DC 501(c)(3) Section 170(b)(1)(A) Bank Policy Institute 1 fTLD Registry Services LLC 1120 Connecticut Avenue NW Washington DC 20036 454083790 Operate financial services TLDs to promote safety and security. DE N/A Unrelated 0 1 0.33330 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0