Overview
What is New Hampshire Bankers Association?
The New Hampshire Bankers Association is a nonprofit organization situated in Concord, New Hampshire. Its primary objective is to serve its member banks, aiming to fortify the banking sector within their communities. They accomplish this by organizing various events such as annual conferences, meetings, mortgage conferences, trustee forums, and seminars on topics like compliance, women in banking, and retail banking. These events encourage the participation of member banks' employees, fostering a collaborative environment and knowledge sharing.
Official website here: www.nhbankers.com
Is New Hampshire Bankers Association legitimate?
New Hampshire Bankers Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. New Hampshire Bankers Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $606,491
Professional Fundraising Fees: $0
Other Salaries and Wages: $111,136
For more financial information, click here
Official website here: www.nhbankers.com
What is the mission statement of New Hampshire Bankers Association?
The New Hampshire Bankers Association's mission is centered around providing services to its member banks and contributing to a banking environment that strengthens the communities. In essence, the association aims to support its member banks and enhance the overall banking sector, ultimately benefiting the local communities. To achieve this goal, the association organizes various conferences and seminars for its member banks, which their employees attend. These events include the Annual Conference, Annual Meeting, Mortgage Conference, Trustees and Directors Forum, General Meeting, Mastering the Art of Fall Compliance, Women in Banking, Bank Secrecy, Spring CEO, Retail Banking Conference, and Credit Analyst Development. These events aim to provide valuable insights and resources to the member banks, thereby fostering a stronger banking environment.
Official website here: www.nhbankers.com
What is the revenue of New Hampshire Bankers Association?
New Hampshire Bankers Association's revenue in 2024 was $1,513,946.
Official website here: www.nhbankers.com
Who are the executives of New Hampshire Bankers Association and what are their salaries?
The average compensation at New Hampshire Bankers Association during 2024 was $143,525. There are 5 employees and 8 volunteers at New Hampshire Bankers Association.
Here are 12 key members and their salaries:
- Compensation: $201,351
- Related: $0
- Other: $38,965
- Compensation: $142,950
- Related: $0
- Other: $63,815
- Compensation: $130,930
- Related: $0
- Other: $13,146
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Compensation: $0
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- Other: $0
Official website here: www.nhbankers.com
Where can I find the form 990 for New Hampshire Bankers Association?
New Hampshire Bankers Association's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.nhbankers.com
Learn more at the official website: www.nhbankers.com
Mission Statement of New Hampshire Bankers Association
The New Hampshire Bankers Association, a prominent organization, is committed to serving its member banks and promoting a robust banking environment that strengthens local communities. Its mission is multifaceted, encompassing the provision of various services to its banking members. By doing so, the association strives to create a banking environment that contributes positively to the overall well-being of the communities it serves.
The New Hampshire Bankers Association accomplishes this mission by hosting a series of conferences and seminars. These events cater to the employees of member banks, providing them with opportunities for learning and networking. Some of these events include the Annual Conference, Annual Meeting, Mortgage Conference, Trustees and Directors Meeting, Trust Forum, General Meeting, Mastering the Art, Fall Compliance, Women in Banking, Bank Secrecy, Spring CEO, Retail Banking Conference, and Credit Analyst Development. These events cover a wide range of topics, from mortgage lending to compliance and women's leadership in banking, aiming to equip bank employees with the necessary skills and knowledge to effectively serve their clients and contribute to their communities.
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Impact
October, 2024
The New Hampshire Bankers Association (NHBA) significantly strengthens the banking sector and the wider community through various initiatives and services tailored for member banks. By organizing a range of conferences and seminars, such as the Annual Conference, Mortgage Conference, and Women in Banking events, NHBA fosters professional development and facilitates networking opportunities among banking professionals.
These educational events allow member banks' employees to enhance their skills in critical areas such as compliance, retail banking, and credit analysis, ensuring that they remain adept in an evolving financial landscape. The focus on collaboration and sharing best practices among banks not only promotes individual bank success but also contributes to a more robust and resilient banking environment across the state.
By advocating for policies that benefit the banking industry and the communities it serves, NHBA plays a crucial role in fostering a banking ecosystem that ultimately supports economic growth and community improvement in New Hampshire.
This information is meant to be a general summary of New Hampshire Bankers Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $120,250
- Program Service Revenue: $1,247,890
- Gross Receipts: $1,513,946
Assets and Liabilities:
- Total Assets: $1,872,561
- Total Liabilities: $379,524
- Net Assets: $1,493,037
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$727,131
CONVENTIONS AND CONFER
Revenue
$520,759
Organization Details
Founding Year
1892
Principal Officer
Kristy Merrill
Website
www.nhbankers.comNTEE Category
Code: S41 - Community improvement
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