Indiana Bankers Association Inc

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

EIN: 350407470 ✦ Indianapolis, IN ✦ Designated as a 501(c)(6)

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Overview

What is Indiana Bankers Association Inc?

Indiana Bankers Association Inc, based in Indianapolis, Indiana, serves as a vital resource for the banking industry in the state. With a team of 18 dedicated professionals, they provide their members with essential reference materials, publications, and manuals related to banking. Their mission is to foster advocacy, high-quality education, and knowledge-sharing within Indiana's banking sector. To achieve this, they organize educational programs and networking opportunities, aiming to create favorable trade conditions for their members.


Official website here: www.indiana.bank

Is Indiana Bankers Association Inc legitimate?

Indiana Bankers Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Indiana Bankers Association 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: $492,030
Professional Fundraising Fees: $0
Other Salaries and Wages: $319,689

For more financial information, click here


Official website here: www.indiana.bank

What is the mission statement of Indiana Bankers Association Inc?

The Indiana Bankers Association Inc is committed to serving the banking industry in the state. Their mission involves providing advocacy, ensuring high-quality education, and facilitating knowledge sharing among the sector's members. To achieve this, they provide reference materials, magazines, and manuals related to banking and offer educational programs for networking and trade opportunities.


Official website here: www.indiana.bank

Who is the CEO of Indiana Bankers Association Inc?

Amber Van Til is the President & Ceo of Indiana Bankers Association Inc. The CEO's salary of Indiana Bankers Association Inc is $412,894 and their total compensation is $456,641.


Official website here: www.indiana.bank

What is the revenue of Indiana Bankers Association Inc?

Indiana Bankers Association Inc's revenue in 2022 was $2,288,214.


Official website here: www.indiana.bank

Who are the executives of Indiana Bankers Association Inc and what are their salaries?

The average compensation at Indiana Bankers Association Inc during 2022 was $45,096. There are 18 employees and 250 volunteers at Indiana Bankers Association Inc.


Here are 21 key members and their salaries (Indiana Bankers Association Inc's CEO's salary is $412,894 and their total compensation is $456,641):


Amber Van Til (President & Ceo)
  • Compensation: $412,894
  • Related: $0
  • Other: $43,747
Benjamin J Bochnowski (Second Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
David M Findlay (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Garry D Kleer (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Inman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Shinabarger (First Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey W Gump (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John M Kennedy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kent A Liechty (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael K Bauer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael H Head (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael S Zahn (Immediate Past Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Breen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon-Myckle D Price (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacqueline M Ruge-Perkins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Daniel Maddox (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Arnold (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dax E Denton (Chief Policy Officer)
  • Compensation: $169,194
  • Related: $0
  • Other: $35,466
Rodney E Lasley (Evp & Coo)
  • Compensation: $178,220
  • Related: $0
  • Other: $25,005
Laurie Rees (Vp - Education & Training)
  • Compensation: $139,651
  • Related: $0
  • Other: $27,804
Christina M Bennett (Vp - Meetings & Events)
  • Compensation: $133,451
  • Related: $0
  • Other: $26,732


Official website here: www.indiana.bank

Where can I find the form 990 for Indiana Bankers Association Inc?

Indiana Bankers Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.indiana.bank

Learn more at the official website: www.indiana.bank

Mission Statement of Indiana Bankers Association Inc

Indiana Bankers Association Inc is dedicated to serving Indiana's banking industry by providing advocacy, high-quality education, and knowledge sharing. Their mission is to support their member banks by offering relevant resources and educational programs that facilitate networking and trade opportunities. By doing so, they aim to contribute to the overall success and growth of the banking sector in Indiana. The association provides its members with a variety of reference materials, magazines, and manuals related to the banking business, ensuring they stay informed and up-to-date with industry developments. Additionally, Indiana Bankers Association Inc organizes educational programs that facilitate networking and trade opportunities, fostering a collaborative environment among its members.

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Impact




October, 2024

The Indiana Bankers Association Inc plays a crucial role in enhancing the banking industry within the state. By providing advocacy, it represents the interests of banks, ensuring their voices are heard in legislative matters and regulatory frameworks. This active representation helps to shape policies that benefit both the banking sector and the communities they serve.

In addition to advocacy, the Association promotes quality education and knowledge-sharing opportunities. Through various educational programs and resources, including reference materials, magazines, and manuals, it equips banking professionals with the knowledge they need to stay competitive and compliant. Networking and trade opportunities foster collaboration among members, fostering innovation and growth within the industry.

Overall, the impactful activities of the Indiana Bankers Association Inc contribute significantly to the stability and progression of the banking sector in Indiana, ultimately benefiting consumers and the wider economy.




This information is meant to be a general summary of Indiana Bankers Association 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
$2,288,214 (2022)
Expenses
$2,624,612 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $160,942
  • Program Service Revenue: $1,403,215
  • Gross Receipts: $2,288,214

Assets and Liabilities:

  • Total Assets: $6,670,882
  • Total Liabilities: $2,651,253
  • Net Assets: $4,019,629

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Programs

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

MEMBERSHIP DUES

Revenue

$1,323,955

MTG REGISTRATION

Revenue

$58,285

DIRECTORY, FORMS & MAN

Revenue

$20,975

Organization Details

Founding Year

1897

Principal Officer

Amber Van Til

Main Address

8425 WOODFIELD CROSSING BLVD 155E, INDIANAPOLIS, IN, 462409380

NTEE Category

Code: S41 - Community improvement

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