Bank Policy Institute

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

EIN: 360753125 ✦ Washington, DC ✦ Designated as a 501(c)(6)

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Overview

What is Bank Policy Institute?

The Bank Policy Institute is a Washington, D.C.-based nonprofit organization, with a total workforce of 74 employees. They are dedicated to identifying the implications of upcoming legislation and regulations on the financial services sector and proposing viable solutions to address significant policy concerns. Their mission encompasses supporting the banking industry and fostering the creation of strong and sustainable banking policies.


Official website here: www.bpi.com

Is Bank Policy Institute legitimate?

Bank Policy Institute is a legitimate nonprofit organization registered as a 501(c)(6) entity. Bank Policy Institute 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: $8,394,670
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,514,791

For more financial information, click here


Official website here: www.bpi.com

What is the mission statement of Bank Policy Institute?

The Bank Policy Institute is a non-profit organization dedicated to championing the banking industry and fostering the creation of robust banking policies. Its mission encompasses advocating for business interests in the financial sector and promoting sound banking legislation. The Institute plays a significant role in identifying potential legislative and regulatory implications for the financial services industry and proposes viable solutions to address major policy concerns. By doing so, it ensures the banking industry continues to thrive and adheres to best practices, ultimately benefiting the economy and consumers.


Official website here: www.bpi.com

Who is the CEO of Bank Policy Institute?

Greg Baer is the President & Ceo of Bank Policy Institute. The CEO's salary of Bank Policy Institute is $3,128,893 and their total compensation is $3,186,375.


Official website here: www.bpi.com

What is the revenue of Bank Policy Institute?

Bank Policy Institute's revenue in 2022 was $30,476,068.


Official website here: www.bpi.com

Who are the executives of Bank Policy Institute and what are their salaries?

The average compensation at Bank Policy Institute during 2022 was $242,020. There are 74 employees at Bank Policy Institute.


Here are 34 key members and their salaries (Bank Policy Institute's CEO's salary is $3,128,893 and their total compensation is $3,186,375):


William Demchak (Chairman (January 2022-June 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Dimon (Dir. (1/22-6/22) Chairman (Beg 6/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Moynihan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean-Laurent Bonnafe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darryl White (Director (January 2022-June 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Fairbank (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Fraser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Hochschild (Director (January 2022-June 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Jordan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rene Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kanetsugu Mike (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael O'Grady (Director (January 2022-June 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Ignacio Alvarez (Director (January 2022-June 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald O'Hanley (Director (January 2022-June 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Bharat Masrani (Director (January 2022-June 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Scharf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Gibbons (Director (Beginning July 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Van Saun (Director (Beginning July 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Spence (Director (Beginning July 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Steinour (Director (Beginning July 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
John Turner (Director (Beginning July 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Cecere (Director (Beginning July 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Baer (President & Ceo)
  • Compensation: $3,128,893
  • Related: $0
  • Other: $57,482
Kate Childress (Evp, Public Affairs)
  • Compensation: $1,081,884
  • Related: $0
  • Other: $27,964
John Court (Evp Gc, Head Of Reg Aff & Coo)
  • Compensation: $1,028,019
  • Related: $0
  • Other: $57,661
Bill Nelson (Evp & Chief Economist)
  • Compensation: $965,085
  • Related: $0
  • Other: $33,021
Chris Feeney (Evp & President, Bits)
  • Compensation: $818,144
  • Related: $0
  • Other: $55,888
Francisco Covas (Evp, Head Of Research)
  • Compensation: $742,741
  • Related: $0
  • Other: $54,471
Ayeola Alexander (Svp Operations & Chro)
  • Compensation: $310,884
  • Related: $0
  • Other: $32,533
Gregg Rozansky (Svp Senior Associate General Counsel)
  • Compensation: $568,953
  • Related: $0
  • Other: $21,464
Edward Hill (Svp Head Of Government Relations)
  • Compensation: $539,733
  • Related: $0
  • Other: $56,968
Paige Pidano (Svp Senior Associate General Counsel)
  • Compensation: $512,638
  • Related: $0
  • Other: $23,968
Lauren Anderson (Svp Senior Associate General Counsel)
  • Compensation: $505,166
  • Related: $0
  • Other: $34,543
Brett Waxman (Svp Senior Associate General Counsel)
  • Compensation: $498,373
  • Related: $0
  • Other: $53,030


Official website here: www.bpi.com

Where can I find the form 990 for Bank Policy Institute?

Bank Policy Institute's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bpi.com

Learn more at the official website: www.bpi.com

Mission Statement of Bank Policy Institute

The Bank Policy Institute, with its mission at heart, works tirelessly to foster the banking industry's growth and advocate for sound banking policies. Based in Washington D.C., this esteemed organization leaves no stone unturned in its pursuit to identify and address the financial services sector's challenges and concerns.

The Bank Policy Institute's primary objective is to champion the business of banking. By doing so, it encourages the creation of robust banking policies that lay the groundwork for a thriving financial sector. Its activities go beyond mere advocacy, as it meticulously monitors and analyzes pending legislation and regulation that could impact the banking industry. In response, it develops and champions effective solutions to address these concerns and ensure the sustainability of the banking sector.

Through its relentless efforts, the Bank Policy Institute plays a pivotal role in shaping the banking policy landscape. It is a beacon of hope for the financial services industry, offering a platform for collective action and collaboration. The organization's influence extends far and wide, making it a formidable force in the realm of banking policy.

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Impact




October, 2024

The Bank Policy Institute plays a crucial role in shaping the financial services landscape by promoting the banking industry's interests and advocating for sound banking policies. Through its efforts, it identifies the potential impacts of pending legislation and regulation on the financial sector. By analyzing these developments, the Institute actively engages with policymakers, providing insights and recommendations that help address significant policy concerns. This engagement not only aids banks in navigating regulatory challenges but also promotes community improvement by fostering a stable and effective banking environment. By encouraging the development of sound policies, the Bank Policy Institute supports the overall health and sustainability of the financial services industry, which is essential for economic growth and stability.




This information is meant to be a general summary of Bank Policy Institute. 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
$30,476,068 (2022)
Expenses
$31,172,714 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $282,921
  • Program Service Revenue: $29,639,655
  • Gross Receipts: $30,515,676

Assets and Liabilities:

  • Total Assets: $41,812,574
  • Total Liabilities: $29,303,289
  • Net Assets: $12,509,285

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Programs

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

Membership dues

Revenue

$28,528,689

Meetings & conferences

Revenue

$1,110,966

Organization Details

Founding Year

1994

Principal Officer

Greg Baer

Main Address

1300 I Street NW 1100W, Washington, DC, 200053396

NTEE Category

Code: S41 - Community improvement

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