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: $8,176,524
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,783,069

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 CEO of Bank Policy Institute The CEO's salary of Bank Policy Institute is $2,983,900 and their total compensation is $3,046,607.


Official website here: www.bpi.com

What is the revenue of Bank Policy Institute?

Bank Policy Institute's revenue in 2023 was $31,509,714.


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 2023 was $274,777. There are 69 employees at Bank Policy Institute.

Here are 34 key members and their salaries (Bank Policy Institute's CEO's salary is $2,983,900 and their total compensation is $3,046,607):


Jamie Dimon (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Moynihan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Fraser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Scharf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Cecere (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bharat Masrani (Director (Beginning July 2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Demchak (Director (Beginning July 2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Rogers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Fairbank (Director (January 2023 - June 2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Vince (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Mckay (Director (Beginning July 2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron O'Hanley (Director (Beginning July 2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Darryl White (Director (Beginning July 2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Colm Kelleher (Director (Beginning July 2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Van Saun (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Spence (Director (January 2023 - June 2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Laurent-Bonnafe (Director (January 2023 - June 2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Kanetsugu Mike (Director (January 2023 - June 2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Rene Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Gorman (Director (Begininning July 2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Steinour (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Turner (Director (January 2023 - June 2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Jordan (Director (January 2023 - June 2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Baer (President & Ceo)
  • Compensation: $2,983,900
  • Related: $0
  • Other: $62,707
Kate Childress (Evp, Public Affairs)
  • Compensation: $1,153,614
  • Related: $0
  • Other: $31,179
John Court (Evp Gc, Head Of Reg Aff & Coo)
  • Compensation: $1,017,806
  • Related: $0
  • Other: $62,718
Bill Nelson (Evp & Chief Economist)
  • Compensation: $1,052,082
  • Related: $0
  • Other: $36,447
Chris Feeney (Evp & President, Bits)
  • Compensation: $819,596
  • Related: $0
  • Other: $61,256
Francisco Covas (Evp, Head Of Research)
  • Compensation: $832,501
  • Related: $0
  • Other: $62,718
Paige Pidano (Svp, Senior Associate General Counsel)
  • Compensation: $639,606
  • Related: $0
  • Other: $61,863
Edward Hill (Svp, Head Of Government Relations)
  • Compensation: $583,942
  • Related: $0
  • Other: $61,977
Gregg Rozanksy (Svp, Senior Associate General Counsel)
  • Compensation: $570,776
  • Related: $0
  • Other: $31,179
Brett Waxman (Svp, Senior Associate General Counsel)
  • Compensation: $546,492
  • Related: $0
  • Other: $59,167
Sean Oblack (Svp, Head Of Communications)
  • Compensation: $486,057
  • Related: $0
  • Other: $62,718


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 2023 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
$31,509,714 (2023)
2011201220132014201520162017201820192020202120222023$0$8M$16M$24M$32M
Expenses
$31,663,890 (2023)
2011201220132014201520162017201820192020202120222023$0$8M$16M$24M$32M
Efficiency
20112012201320142015201620172018201920202021202220230%15%30%45%62%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $619,544
  • Program Service Revenue: $31,344,062
  • Gross Receipts: $35,360,308

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

$31,344,062

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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