Iba Foundation Inc

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

EIN: 351855863 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is Iba Foundation Inc?

Iba Foundation Inc, located in Indianapolis, Indiana, is a nonprofit organization primarily focused on providing educational opportunities for members of the banking industry. Situated at 8425 Woodfield Crossing Blvd 155E, this organization conducts conventions, conferences, and seminars to disseminate valuable information and insights on banking-related topics. Their mission is to enhance the knowledge and skills of individuals within the banking sector, thereby contributing to the overall growth and development of the industry. The organization's activities include organizing events and delivering programs that cater to the educational needs of its members and the broader banking community.

Is Iba Foundation Inc legitimate?

Iba Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iba Foundation 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: $164,010
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,126,763

For more financial information, click here

What is the mission statement of Iba Foundation Inc?

The Iba Foundation Inc's mission is centered around providing educational programs and services to individuals within the banking industry. This is achieved through organizing conventions, conferences, seminars, and related activities. These events serve as platforms to disseminate banking-related information and knowledge to members of the Indiana Bankers Association and other interested parties. The foundation's primary objective is to enhance the professional development and understanding of banking practices within this community.

Who is the CEO of Iba Foundation Inc?

Amber Van Til is the Assistant Treasurer of Iba Foundation Inc.

What is the revenue of Iba Foundation Inc?

Iba Foundation Inc's revenue in 2022 was $2,809,142.

Who are the executives of Iba Foundation Inc and what are their salaries?

There 175 volunteers at Iba Foundation Inc.


Here are 8 key members and their salaries:


Jamie R Shinabarger (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amber Van Til (Assistant Treasurer)
  • Compensation: $0
  • Related: $412,894
  • Other: $43,747
Rodney E Lasley (Secretary)
  • Compensation: $0
  • Related: $178,220
  • Other: $25,005
Benjamin J Bochnowski (First Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew W Howrey (Second Vp & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dax E Denton (Chief Policy Officer)
  • Compensation: $0
  • Related: $169,194
  • Other: $35,466
Christina M Bennett (Vp - Meetings & Events)
  • Compensation: $0
  • Related: $133,451
  • Other: $26,732
Laurie Rees (Vp - Education & Training)
  • Compensation: $0
  • Related: $139,651
  • Other: $27,804
Where can I find the form 990 for Iba Foundation Inc?

Iba Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Iba Foundation Inc

Iba Foundation Inc, a nonprofit organization, is dedicated to serving the banking industry by providing education programs and resources. The primary mission of Iba Foundation Inc is to educate its members, primarily from the Indiana Bankers Association, and other banking professionals on various banking topics. This is achieved through a range of events such as conventions, conferences, and seminars, which cover a wide spectrum of banking-related subjects. These educational initiatives not only equip the attendees with updated knowledge but also provide them with valuable insights and information that can contribute to the growth and success of their banking institutions.

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Impact




October, 2024

Iba Foundation Inc significantly enhances the banking industry in Indiana by providing essential educational programs and services tailored to its members. Through conventions, conferences, and seminars, the foundation disseminates valuable information on various banking topics, ensuring that banking professionals stay informed and skilled in an ever-evolving industry. This commitment to education not only empowers individuals in their careers but also contributes to the overall improvement of the banking community in Indiana. By fostering a culture of continuous learning and knowledge sharing, Iba Foundation Inc plays a pivotal role in strengthening the foundations of the banking sector and promoting community advancement.




This information is meant to be a general summary of Iba Foundation 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
$2,809,142 (2022)
Expenses
$2,801,723 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $659,398
  • Program Service Revenue: $2,061,423
  • Gross Receipts: $2,809,142

Assets and Liabilities:

  • Total Assets: $13,140,684
  • Total Liabilities: $1,778,734
  • Net Assets: $11,361,950

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Programs

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

SEMINARS AND CONFERENC

Revenue

$1,304,119

CONVENTIONS

Revenue

$740,478

STATE AIB REG/FEES

Revenue

$16,826

Organization Details

Founding Year

1992

Principal Officer

Amber Van Til

Main Address

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

NTEE Category

Code: S40 - Community improvement

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