Overview
What is National Association Of Industrial Banks?
The National Association of Industrial Banks is a nonprofit organization dedicated to advocating for and promoting the industrial bank industry. They aim to influence legislation, supporting the right of states to issue industrial bank charters and enabling these banks to offer financial services to consumers. Their activities extend beyond lobbying, also involving management tasks to safeguard and enhance the industrial bank sector. Their primary goal is to ensure the continued operation and growth of this industry, benefitting both the general public and elected officials.
Official website here: www.industrialbank.org
Is National Association Of Industrial Banks legitimate?
National Association Of Industrial Banks is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Association Of Industrial Banks submitted a form 990EZ, 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.
Official website here: www.industrialbank.org
What is the mission statement of National Association Of Industrial Banks?
The National Association of Industrial Banks has a mission to promote the industrial bank industry. This involves advocating for the ability of states to issue industrial bank charters and allowing industrial banks to offer financial services to consumers. The association engages in lobbying activities with the aim of supporting the industry's operations. Additionally, they engage in management activities to protect and enhance the industrial bank industry. They also provide information and influence legislation in this regard, as stated in their Schedule 2 statement.
Official website here: www.industrialbank.org
Who is the CEO of National Association Of Industrial Banks?
Frank Pignanelli is the Executive Director of National Association Of Industrial Banks.
Official website here: www.industrialbank.org
What is the revenue of National Association Of Industrial Banks?
National Association Of Industrial Banks's revenue in 2022 was $61,511.
Official website here: www.industrialbank.org
Who are the executives of National Association Of Industrial Banks and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.industrialbank.org
Where can I find the form 990EZ for National Association Of Industrial Banks?
National Association Of Industrial Banks's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.industrialbank.org
Learn more at the official website: www.industrialbank.org
Mission Statement of National Association Of Industrial Banks
The National Association of Industrial Banks, in its mission, strives to promote the image and understanding of the industrial bank industry among the general public, elected officials, and other relevant parties. This nonprofit organization pursues legislative influence with the primary objective of enabling states to issue industrial bank charters and enabling these banks to operate and offer financial services to consumers. Beyond lobbying and management activities, the National Association of Industrial Banks engages in various protective and promotional measures on behalf of the industrial bank industry. These efforts are aimed at ensuring the sector thrives and remains viable, providing essential financial services to the public.
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Impact
October, 2024
The National Association of Industrial Banks plays a crucial role in advocating for the industrial bank sector. By promoting the industry to the general public and engaging with elected and appointed officials, it enhances public awareness and understanding of industrial banks. Its influence on legislation is fundamental to support the issuance of industrial bank charters by states, facilitating their operation and enabling them to provide a range of financial services to consumers.
Through its lobbying efforts, the association strives to protect the interests of industrial banks, ensuring they can navigate regulatory environments effectively. This not only fosters a favorable operating landscape for existing industrial banks but also encourages innovation and competition within the financial services industry. The association’s activities thus have a significant impact on policy development and the overall health of the industrial banking sector, ultimately benefiting consumers and the economy as a whole.
This information is meant to be a general summary of National Association Of Industrial Banks. 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 2022.
- Investment Income: $11
- Gross Receipts: $61,511
Assets and Liabilities:
- Total Assets: $110,625
- Total Liabilities: $77,708
- Net Assets: $32,917
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Organization Details
Principal Officer
Frank Pignanelli
Main Address
60 S 600 E STE 150, Salt Lake City, UT, 84102
Website
www.industrialbank.orgNTEE Category
Code: Z99 - Unknown
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