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MINNESOTA BANKERS ASSOCIATION EMPLOYEE BENEFITS TRUST

MN · EIN 411767627

8
Executives Disclosed
$3.6M
Annual Revenue
$1.5M
Total Assets
2:1
Internal Pay Ratio

MINNESOTA BANKERS ASSOCIATION EMPLOYEE BENEFITS TRUST has 8 executives with disclosed compensation. The highest-paid executive, Joe Witt (MBA 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
Joe Witt MBA President/CEO $510K $510K 2023–2024 6.8x
Joseph Witt PRESIDENT, CEO $450K $450K 2017–2022 6x
Teresa Rice SECRETARY $253K $253K 2017–2022 3.4x
Jay Tambornino IT CONSULTANT $183K $183K 2020–2022 2.4x
Dan Melcher TRUSTEE $180K $0 2017–2019 2.4x
Diane Brower HR DIRECTOR $147K $0 2020–2022 2x
Carla Bush DIRECTOR OF EDUCATION $144K $0 2021–2022 1.9x
Tom Boswell-Healey COMPLIANCE CONSULTANT $135K $0 2021–2022 1.8x

Annual Summary

Year Executives Avg. Comp. Highest Comp. Total Payroll
2017 3 $251K $363K $754K
2018 3 $264K $394K $792K
2019 3 $328K $430K $655K
2020 4 $323K $411K $647K
2021 6 $338K $431K $677K
2022 6 $295K $450K $886K
2023 1 $483K $483K $483K
2024 1 $510K $510K $510K
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