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MINNESOTA BANKERS ASSOCIATION
MINNESOTA BANKERS ASSOCIATION
MN · EIN 411329720
11
Executives Disclosed
$3.8M
Annual Revenue
$8.0M
Total Assets
2.1:1
Internal Pay Ratio
MINNESOTA BANKERS ASSOCIATION has 11 executives with disclosed compensation. The highest-paid executive, Joseph Witt (President/CEO), received peak total compensation of $509,865.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| Joseph Witt | President/CEO | $510K | $510K | 2021–2024 | 6.8x |
| Joseph J Witt | PRESIDENT/CEO | $430K | $411K | 2017–2020 | 5.7x |
| Tess Rice | General Counsel | $275K | $275K | 2017–2024 | 3.7x |
| Jay Tamborino | IT Consultant | $248K | $241K | 2021–2024 | 3.3x |
| Dan Melcher | CFO | $180K | $0 | 2017–2019 | 2.4x |
| Diane Brower | HR Director | $169K | $169K | 2017–2024 | 2.3x |
| Carla Bush | Director of Education | $164K | $164K | 2021–2024 | 2.2x |
| Tom Boswell-Healey | Compliance Consultant | $151K | $151K | 2020–2024 | 2x |
| Therese Kuvaas | Senior GR Manager | $149K | $0 | 2024–2024 | 2x |
| Eric Hauth | EDUCATION DIRECTOR | $143K | $0 | 2017–2019 | 1.9x |
| Jay Tambornino | IT CONSULTANT | $136K | $0 | 2020–2020 | 1.8x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2017 | 5 | $251K | $363K | $754K |
| 2018 | 5 | $264K | $394K | $792K |
| 2019 | 5 | $328K | $430K | $655K |
| 2020 | 5 | $323K | $411K | $647K |
| 2021 | 6 | $338K | $431K | $677K |
| 2022 | 6 | $295K | $450K | $886K |
| 2023 | 6 | $263K | $483K | $1.3M |
| 2024 | 7 | $252K | $510K | $1.5M |
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