Arab Bankers Association Of North America Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133183002 ✦ New york, NY ✦ Designated as a 501(c)(6)

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Overview

What is Arab Bankers Association Of North America Inc?

Arab Bankers Association of North America Inc, located at 150 W 28TH STREET 801, New York, NY 10001, is a nonprofit organization dedicated to fostering connections and offering support to finance professionals and institutions with a focus on the Middle East and North Africa. They accomplish this by hosting a variety of informational, educational, and networking events, including panel discussions, conferences, receptions, and meetings. In 2022, they organized 7 networking events and 19 panel discussions and conferences. With a team of 9 employees, the association provides a platform for members and guests to access current and relevant business intelligence in the region.


Official website here: www.abana.co

Is Arab Bankers Association Of North America Inc legitimate?

Arab Bankers Association Of North America Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Arab Bankers Association Of North America Inc 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: $119,106
Professional Fundraising Fees: $0
Other Salaries and Wages: $256,255

For more financial information, click here


Official website here: www.abana.co

What is the mission statement of Arab Bankers Association Of North America Inc?

The Arab Bankers Association of North America Inc's mission is centered around connecting, supporting, and informing finance professionals and institutions with an interest in the Middle East and North Africa. This organization serves as a platform for members and guests, offering them access to relevant and timely business intelligence through various events such as panels, discussions, receptions, and other meetings. In 2022, they organized 7 networking events and 19 panel discussions and conferences to achieve this goal.


Official website here: www.abana.co

Who is the CEO of Arab Bankers Association Of North America Inc?

Susan Peters is the Coo of Arab Bankers Association Of North America Inc.


Official website here: www.abana.co

What is the revenue of Arab Bankers Association Of North America Inc?

Arab Bankers Association Of North America Inc's revenue in 2022 was $2,069,926.


Official website here: www.abana.co

Who are the executives of Arab Bankers Association Of North America Inc and what are their salaries?

The average compensation at Arab Bankers Association Of North America Inc during 2022 was $41,707. There are 9 employees at Arab Bankers Association Of North America Inc.


Here are 21 key members and their salaries:


Majdi Ramadan (Executive Dir.)
  • Compensation: $76,418
  • Related: $0
  • Other: $14,977
Susan Peters (Coo)
  • Compensation: $26,859
  • Related: $0
  • Other: $852
Khalid Azim (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mona Dajani (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marwan Azzi (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hania Dawood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amr Nosseir (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joud Abdel Majeid (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marwan Elaraby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lotfi Karoui (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ferris Hussein (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mona Al-Saffy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Ibrahim-Leathers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ola El-Shawarby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Osman (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Issa Baconi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zubaid Ahmad (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn S Weimer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karim Baghdady (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicolas J Kahale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thana Al-Mufarrej (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.abana.co

Where can I find the form 990 for Arab Bankers Association Of North America Inc?

Arab Bankers Association Of North America Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.abana.co

Learn more at the official website: www.abana.co

Mission Statement of Arab Bankers Association Of North America Inc

Arab Bankers Association of North America, Inc., is an organization dedicated to connecting, supporting, and informing finance professionals and institutions with an interest in the Middle East and North Africa. Its mission is to serve as a platform for these individuals, providing them with access to relevant and timely business intelligence through a variety of events. These events include informational sessions, educational workshops, networking opportunities, and panel discussions. Throughout 2022, the association organized seven networking events and nineteen panel discussions and conferences, offering its members and guests valuable insights into the region's financial landscape. By facilitating these interactions, Arab Bankers Association of North America, Inc., aims to foster a community of professionals who can share knowledge, build relationships, and collaborate on initiatives related to the Middle East and North Africa.

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Impact




October, 2024

The Arab Bankers Association of North America Inc significantly impacts finance professionals and institutions interested in the Middle East and North Africa. By facilitating valuable connections, it fosters collaboration and knowledge sharing among industry stakeholders. The organization enhances members' understanding of the region's financial landscape through a robust calendar of events, including 7 networking events and 19 panel discussions and conferences in 2022. These gatherings provide timely business intelligence and foster dialogue on critical issues affecting the financial sector. As a result, ABANA plays a crucial role in promoting professional development, enhancing industry relationships, and increasing awareness of economic opportunities within the MENA region.




This information is meant to be a general summary of Arab Bankers Association Of North America Inc. 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.

Revenue
$2,069,926 (2022)
Expenses
$911,206 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $267
  • Program Service Revenue: $299,430
  • Gross Receipts: $2,069,926

Assets and Liabilities:

  • Total Assets: $2,769,615
  • Total Liabilities: $6,902
  • Net Assets: $2,762,713

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FUNCTIONS AND EVENTS

Revenue

$65,545

MEMBERSHIP DUES

Revenue

$233,885

Organization Details

Founding Year

1983

Principal Officer

Susan Peters

Main Address

150 W 28TH STREET 801, NEW YORK, NY, 10001

NTEE Category

Code: A03 - Arts

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