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Filing year 2023

MARYLAND BANKERS ASSOCIATION INC

Annapolis, Maryland·EIN 52-1545256·501(c)(6)
Total revenue
$2.7M
Total assets
$1.9M
Total expenses
$2.3M
Reported officers
24
Mission

TO PROMOTE THE STRENGTH AND SUCCESS OF MARYLAND BANKS AND BANKERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President/ceo/treasurer
Above 90th percentile
$365k
$401k
Base
$305k
Bonus
Other
$37k
Benefits
$11k
SVP Finance & Administration
Senior Vice President
25th percentile to median
$158k
$174k
Base
$135k
Bonus
Other
$954
Benefits
$17k
VP Head of Gov't & Community Affairs
Board Vice President
Median to 75th percentile
$137k
$151k
Chief of Staff & VP Operations
Vice President
Median to 75th percentile
$107k
$117k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 20 unpaid individuals.

Down 2%
from 2022

From $372k in 2022 to $365k in 2023.

$372k
2022
$365k
2023
In today's dollarsEst.
Down 5% in real terms$424k to $401k

Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 2% from 2022 to 2023, while revenue rose 13%.

$372k in 2022 to $365k in 2023.
  • Senior Vice President pay fell 8% from 2022 to 2023.
  • Board Vice President pay fell 3% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

MARYLAND BANKERS ASSOCIATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.4M
$2.5M
2022
$2.7M
$2.3M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about MARYLAND BANKERS ASSOCIATION INC

What does the Chief Executive Officer of MARYLAND BANKERS ASSOCIATION INC earn?

In 2023, the Chief Executive Officer of MARYLAND BANKERS ASSOCIATION INC received $365,195 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MARYLAND BANKERS ASSOCIATION INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at MARYLAND BANKERS ASSOCIATION INC falls in the top 10%.

What are MARYLAND BANKERS ASSOCIATION INC's revenue and expenses?

In 2023, MARYLAND BANKERS ASSOCIATION INC reported $2.7M in total revenue and $2.3M in total expenses on its IRS Form 990.

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