Independent Bankers Association Of New York State Inc

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

EIN: 161039314 ✦ Albany, NY ✦ Designated as a 501(c)(6)

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Overview

What is Independent Bankers Association Of New York State Inc?

The Independent Bankers Association of New York State Inc, headquartered in Albany, New York, serves as a supportive resource for its banking members. Their primary mission is to enhance their members' abilities by offering workshops, conventions, and seminars, focusing on various banking topics and fundamentals. Through these educational events, they aim to provide members with valuable instruction and guidance to excel in their professional roles, ultimately benefiting the general public. The association is home to a modest workforce of only two individuals.


Official website here: www.ibanys.net

Is Independent Bankers Association Of New York State Inc legitimate?

Independent Bankers Association Of New York State Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Independent Bankers Association Of New York State 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: $245,769
Professional Fundraising Fees: $0
Other Salaries and Wages: $119,353

For more financial information, click here


Official website here: www.ibanys.net

What is the mission statement of Independent Bankers Association Of New York State Inc?

The Independent Bankers Association of New York State Inc exists with the mission to enhance and support its membership by creating and delivering programs, services, and related products. This is done to assist its members in serving the public with the highest level of professional expertise in various financial matters. The association provides instruction and counseling on new techniques and fundamentals of banking through workshops, conventions, and seminars, aiding its members in staying updated and competent in their field.


Official website here: www.ibanys.net

Who is the CEO of Independent Bankers Association Of New York State Inc?

John Witkowski is the President & Ceo of Independent Bankers Association Of New York State Inc. The CEO's salary of Independent Bankers Association Of New York State Inc is $181,240 and their total compensation is $236,403.


Official website here: www.ibanys.net

What is the revenue of Independent Bankers Association Of New York State Inc?

Independent Bankers Association Of New York State Inc's revenue in 2022 was $823,075.


Official website here: www.ibanys.net

Who are the executives of Independent Bankers Association Of New York State Inc and what are their salaries?

The average compensation at Independent Bankers Association Of New York State Inc during 2022 was $182,561. There are 2 employees and 16 volunteers at Independent Bankers Association Of New York State Inc.


Here are 17 key members and their salaries (Independent Bankers Association Of New York State Inc's CEO's salary is $181,240 and their total compensation is $236,403):


John J Witkowski (President & Ceo)
  • Compensation: $181,240
  • Related: $0
  • Other: $55,163
Thomas Amell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Demarco (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Dickey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Dowd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Fisher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Gobel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Lavarmay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos Naudon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Pecora (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theresa Phalon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Reininga (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Whelehan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mario Martinez (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anders Tomson (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Woodard (Secretary / Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Wimer (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ibanys.net

Where can I find the form 990 for Independent Bankers Association Of New York State Inc?

Independent Bankers Association Of New York State Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ibanys.net

Learn more at the official website: www.ibanys.net

Mission Statement of Independent Bankers Association Of New York State Inc

The Independent Bankers Association of New York State exists with the primary objective of enhancing and supporting its membership. This nonprofit organization achieves this by developing and delivering programs, services, and related products. These offerings are designed to assist its members in serving the general public with the utmost professional ability, particularly in matters involving various financial products.

To fulfill its mission, the Independent Bankers Association of New York State provides instruction and counseling on new techniques and fundamental concepts in various banking topics. It accomplishes this through workshops, conventions, and seminars. These educational events enable its members to stay updated on the latest trends and best practices in the banking industry, thereby enabling them to serve their clients more effectively.

In essence, the Independent Bankers Association of New York State plays a crucial role in the professional development of its members, equipping them with the necessary tools and knowledge to excel in their respective fields and meet the evolving needs of the general public in the financial sector.

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Impact




October, 2024

The Independent Bankers Association of New York State Inc plays a crucial role in enhancing the capabilities and effectiveness of banking institutions throughout the state. By providing instruction and guidance on relevant professional topics, the organization empowers its members to navigate the complexities of the financial landscape.

Through workshops, conventions, and seminars, it offers valuable insights into new techniques and fundamental practices in banking. This continuous professional development ensures that independent banks can serve the public with a high degree of professionalism, fostering trust and reliability in financial services.

Moreover, the Association's mission to support all segments of its membership contributes to community improvement by equipping banks with the necessary tools and resources to meet the evolving needs of their clients. This ultimately leads to enhanced financial literacy, better customer service, and a stronger overall banking sector in New York State, which benefits the entire community.




This information is meant to be a general summary of Independent Bankers Association Of New York State 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
$823,075 (2022)
Expenses
$743,759 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,454
  • Program Service Revenue: $644,803
  • Gross Receipts: $823,075

Assets and Liabilities:

  • Total Assets: $639,310
  • Total Liabilities: $44,723
  • Net Assets: $594,587

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Programs

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

MEMBERSHIP DUES

Revenue

$344,556

ANNUAL CONVENTION & ME

Revenue

$223,087

SEMINARS & WORKSHOPS

Revenue

$77,160

Organization Details

Founding Year

1974

Principal Officer

John Witkowski

Main Address

194 WASHINGTON STREET 420, ALBANY, NY, 12210

NTEE Category

Code: S41 - Community improvement

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