irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $0NYBA OFFERED OVER 500 TRAINING PROGRAMS THROUGHOUT THE YEAR, AS WELL AS CONFERENCES AND MEETINGS TO SERVE VARIOUS SEGMENTS OF OUR MEMBERSHIP. A WIDE RANGE OF TRAINING PROGRAMS ARE OFFERED THROUGH OUR EDUCATION PARTNERS. CONFERENCES AND MEETINGS ARE DESIGNED IN-HOUSE BY NYBA. THE PROGRAMMING WAS MADE AVAILABLE IN THE CLASSROOM ONLINE VIA AUDIO CONNECTION AND SELF-STUDY. THE LARGER MEETING INCLUDED AN ANNUAL CONVENTION, A CONFERENCE TARGETED TO SPECIFIC INDUSTRY SEGMENTS, SUCH AS RETAIL AND SMALL BUSINESS, TRUST AND INVESTMENT, RISK MANAGEMENT, COMPLIANCE COMMUNITY BANK CEOS, LEADERSHIP DEVELOPMENT, DEI, HUMAN RESOURCES AND LEGISLATIVE ACTIVITY.
named programs · 4 · from sources
What they call their work
Annual Convention
Large-scale gathering of banking industry leaders featuring keynote speakers, panel discussions, and networking opportunities
Industry-Specific Conferences
Hosts targeted conferences for segments including retail banking, small business lending, trust and investment, compliance, HR, and technology professionals
Leadership Development & DEI Initiatives
Programs focused on leadership training and diversity, equity, and inclusion for banking executives and staff
Professional Development Programs
Offers over 500 training sessions annually on topics including regulatory compliance, risk management, credit, cybersecurity, and leadership development for banking professionals
activities · 4 groups
What they do
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Industry Advocacy and Regulatory Engagement 1 activity
- Advocacy and representation for New York banksRepresents community, regional, and money center commercial banks and thrift institutions in New York State through legislative and regulatory advocacy efforts in Albany, Washington, DC, and New York City. Activities include providing updates on legislation and regulation, grassroots political action, public relations, and strengthened representation following a merger with the Community Bankers Association of New York State.
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Professional Networking Events 1 activity
- Hosting industry events and conferencesOrganizes and hosts an annual calendar of multi-track conferences and networking events for banking professionals, including the Business of Banking conference in Buffalo, the New York Bankers Classic, and sector-specific gatherings focused on retail, commercial, wealth, risk, and relationship management. Events include professional development programming and are held at locations such as midtown Manhattan and Wheatley Hills Golf Club.
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Professional Membership and Association Benefits 1 activity
- Member support services and resourcesProvides members with access to a dedicated meeting space in midtown Manhattan, discounted hotel rates for event attendees, network-based solutions for cost savings and fee income in insurance, healthcare, HR, technology, and job placement, and distributes publications, bulletins, and surveys to keep members informed on banking news and policy developments.
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Professional Certification and Continuing Education 1 activity
- Professional development training for banking professionalsOffers seminars, workshops, conferences, online courses, webinars, and training guides to support the professional development of bankers at all career levels, with lower registration fees than comparable national programs. Provided over 500 training programs, conferences, and meetings annually on topics including compliance, risk management, leadership development, agribusiness, trusts and estates, credit, security, social media management, and legislative issues.
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financials · form 990 · fy2024
revenue
Total revenue$6.89M
Contributions & grants$00%
Program service revenue$4.49M65%
Investment income$2.39M35%
Other revenue$7K
expenses
Total expenses$5.30M
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$2.44M
Grants paid out$2K
Largest expense lineCompensation
balance sheet
Total assets$33.59M
Cash$933K
Investments$27.31M
Liabilities$32.36M
Net assets$1.23M
Liquid reserves64.0 mo
6 years on record · 2019–2024 · YoY revenue +16.5%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 8
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| Clare M Cusack | President & CEO | 40 | $797K |
| KAREN ARMSTRONG | EXECUTIVE VICE PRESIDENT | 40 | $329K |
| NIALL O'HEGARTY | GENERAL COUNSEL | 40 | $309K |
| DRUCILLA MAHABIR | CONTROLLER & VP MIS | 40 | $236K |
| BRENT WEITZBERG | VICE PRESIDENT, GOVERNMENT REL | 40 | $176K |
| KONSTANTINOS KANANIS | VICE PRESIDENT | 40 | $167K |
| BARBARA LEBOFF | PROJECT COORDINATOR | 40 | $128K |
| JILL CAMPBELL | CHIEF OF STAFF | 40 | $125K |
board members · 17
- Anders M Tomson — Government Relations Chair
- Andrew Kresse — Member
- Charles V Wait — Past Chair
- Cheryl D Bowers — Education Division Chair
- Christopher Becker — Treasurer & Invest Fund Chair
- Christopher C Giamo — At-Large Dir (thru 12/4/2024)
- Derrik R Wynkoop — Govt Relation Vice Chair
- Donald E Gibson — Past Chair
- Frank H Hamlin III — Western Region
- Howard P Milstein — New York City Region
- Ira D Robbins — At-Large Director
- Jesse A Tomczak — Retail Division Vice Chair
- John R Buran — Past Chair
- Marc J Perez — Asset Class VII Representative
- Mark R Lavarnway — Southern Tier & Central Region
- Martin A Dietrich — Past Chair (thru 4/14/2025)
- Martin K Birmingham — Chair
relationships · 21
Who they work with
- American Bankers Association Partner — Collaborates as the national provider of training content, with NYBA serving as its local training delivery partner in New York.
- American Bankers Association Partner — Serves as the local provider for American Bankers Association (ABA) training programs.
- Bank of America Partner — Engages leadership from Bank of America, including its New York State President, in NYBA events and industry initiatives.
- Benhar Office Furniture Partner — Supplier of interior furnishings for NYBA headquarters.
- Buffalo, NY Partner — Hosts the annual Business of Banking Conference in Buffalo, NY.
- Community Bankers Association of New York State Partner — Merged with the New York Bankers Association to strengthen the unified voice of New York's banking industry.
- Cullen and Dykman LLP Partner — Partners with legal experts from Cullen and Dykman LLP who advise on financial services law and regulatory matters.
- Education Partners Partner — Collaborates with education partners to offer a wide range of training programs for banking professionals.
- Federal Reserve Bank of New York Partner — Collaborates with senior leadership from the Federal Reserve Bank of New York through event participation and industry engagement.
- Hotel Brookmere & Arbor Spa Partner — Venue partner for the Community Bank CEO Roundtable.
- Hyatt Regency Partner — Venue partner for the Business of Banking conference.
- Hyatt Regency Buffalo Partner — Partner hotel providing discounted accommodations for the Business of Banking 2026 event.
- JW Marriott Partner — Venue partner for the Financial Services Forum.
- NYBA Network — Host and organizer of the New York Bankers Classic event.
- NYBA Network — Organizer and host of the Business of Banking conference
- NYBSCO Insurance Services Partner — Partner organization providing insurance services to NYBA members.
- Peapack-Gladstone Bank Partner — Includes senior leaders from Peapack Private Bank and Trust, a division of Peapack-Gladstone Bank, in NYBA events and programming.
- Spector Group Partner — Design firm responsible for the design of NYBA headquarters.
- Wheatley Hill Golf Club Partner — Venue partner for the NY Bankers Classic.
- Wheatley Hills Golf Club Partner — Host venue for the New York Bankers Classic event.
- community, regional, and large banks across the State Network — NYBA represents these banks as members of its association
strategies · 3
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Cross-Functional Alignment via Multi-Track Conveningmethodology: cross-functional_conference_modelBy bringing together professionals from multiple banking functions in a multi-track conference format, the organization enables cross-functional learning and alignment with strategic goals, because breaking down silos fosters integrated problem-solving and practical application of knowledge.
- Peer-Led Strategic Learning for Community Bank Leadersmethodology: peer_learning_networkBy facilitating peer-to-peer learning and strategic discussions among community bank CEOs, the organization strengthens leadership capacity and decision-making, because shared experiences and trusted peer networks produce more relevant and actionable insights than top-down instruction.
- Unified Industry Advocacy Through Collective Representationmethodology: unified_industry_representationBy unifying banks of all sizes, regions, and charters across New York State, the organization amplifies the collective voice of the banking sector to advance economic stability and community impact, because unified representation increases credibility and influence with policymakers and regulators.