THE MASSACHUSETTS BANKERS ASSOCIATION WAS FOUNDED IN 1905 WITH A GUIDING PRINCIPLE TO PROMOTE BANKING WITHIN THE COMMONWEALTH. A KEY PART OF THAT MISSION IS TO PROVIDE OUR MEMBERS, THE PUBLIC AND MEDIA WITH UP-TO-DATE INFORMATION RELATING TO THE ASSOCIATION AND THE BANKING INDUSTRY. PLEASE EXPLORE OUR RESOURCES TO LEARN MORE ABOUT THE ASSOCIATION, USE OUR RESOURCES AND LEARN HOW YOU CAN HELP PROMOTE THIS CRITICAL INDUSTRY.OUR MISSION IS TO BE THE PREMIER PARTNER AND TRUSTED RESOURCE FOR OUR MEMBERS THROUGHOUT MASSACHUSETTS AND ACROSS NEW ENGLAND. WE WILL ACCOMPLISH OUR MISSION THROUGH A PROACTIVE FOCUS ON EXCEPTIONAL SOLUTIONS, ADVOCACY AND THOUGHT LEADERSHIP FOR THE BANKING INDUSTRY.MASSACHUSETTS BANKERS ASSOCIATION IS THE UNITED VOICE PROPELLING OUR MEMBERS' SUCCESS IN A DYNAMIC INDUSTRY AND RAPIDLY CHANGING WORLD.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $619k
- Bonus
- $170k
- Other
- $23k
- Benefits
- —
- Base
- $296k
- Bonus
- $65k
- Other
- $13k
- Benefits
- $20k
- Base
- $237k
- Bonus
- $45k
- Other
- $6k
- Benefits
- $19k
- Base
- $205k
- Bonus
- $37k
- Other
- $4k
- Benefits
- $19k
- Base
- $187k
- Bonus
- $35k
- Other
- $3k
- Benefits
- $20k
- Base
- $152k
- Bonus
- $40k
- Other
- $2k
- Benefits
- $17k
- Base
- $148k
- Bonus
- $21k
- Other
- $2k
- Benefits
- $8k
- Base
- $150k
- Bonus
- $21k
- Other
- $2k
- Benefits
- $297
- Base
- $143k
- Bonus
- $9k
- Other
- $3k
- Benefits
- $8k
- Base
- $133k
- Bonus
- $17k
- Other
- $2k
- Benefits
- $47
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President/ceo/director Above 90th percentile | $619k | $170k | $23k | — | $983k $1M |
Evp, Revenue and Strategy Executive Vice President 75th to 90th percentile | $296k | $65k | $13k | $20k | $405k $432k |
Clerk/svp Gov't Affairs & General Counsel Officer (Unspecified) | $237k | $45k | $6k | $19k | $324k $345k |
SVP & CFO Above 90th percentile | $205k | $37k | $4k | $19k | $280k $298k |
Svp, Professional Development Group Senior Vice President Median to 75th percentile | $187k | $35k | $3k | $20k | $258k $276k |
VP of Member Engagement & HR Board Vice President 75th to 90th percentile | $152k | $40k | $2k | $17k | $223k $238k |
Vp, Professional Development Board Vice President Median to 75th percentile | $148k | $21k | $2k | $8k | $190k $202k |
SVP & Chief of Staff, Media Relations & Inquiries Senior Vice President 25th percentile to median | $150k | $21k | $2k | $297 | $183k $196k |
VP of Government Affairs & Industry Relations Board Vice President Median to 75th percentile | $143k | $9k | $3k | $8k | $170k $182k |
VP of Administration Group Ins. Trust Board Vice President Median to 75th percentile | $133k | $17k | $2k | $47 | $161k $171k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 26 unpaid individuals.
Up 4%
from 2023
From $949k in 2023 to $983k in 2024.
Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 4% from 2023 to 2024, while revenue fell 8%.
- Executive Vice President pay rose 5% from 2023 to 2024.
- Chief Financial Officer pay rose 7% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
MASSACHUSETTS BANKERS ASSOCIATION INC reported revenue and expenses across 2 filing years.
Common questions about MASSACHUSETTS BANKERS ASSOCIATION INC
What does the Chief Executive Officer of MASSACHUSETTS BANKERS ASSOCIATION INC earn?
In 2024, the Chief Executive Officer of MASSACHUSETTS BANKERS ASSOCIATION INC received $982,626 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 MASSACHUSETTS BANKERS ASSOCIATION INC compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at MASSACHUSETTS BANKERS ASSOCIATION INC falls in the top 10%.
What are MASSACHUSETTS BANKERS ASSOCIATION INC's revenue and expenses?
In 2024, MASSACHUSETTS BANKERS ASSOCIATION INC reported $7.1M in total revenue and $7.2M in total expenses on its IRS Form 990.
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