Illinois Bankers Association

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

EIN: 363215107 ✦ Springfield, IL ✦ Designated as a 501(c)(6)

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Overview

What is Illinois Bankers Association?

The Illinois Bankers Association is a nonprofit organization situated in Springfield, Illinois. Their primary focus is to bolster the State of Illinois' financial services sector by influencing both state and federal laws. They achieve this through legislative and lobbying efforts, benefiting all industry members within the state. Communication regarding these legislative matters is maintained through regular e-mails and publications. The association serves as a platform for promoting the banking industry in Illinois, providing educational resources, products, and services. Their mission is to empower Illinois bankers through information, collaboration, and innovation, ultimately aiming to strengthen and support the banking sector in the state. The organization currently employs around 30 individuals.


Official website here: www.ilbanker.com

Is Illinois Bankers Association legitimate?

Illinois Bankers Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Illinois Bankers Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,935,194

For more financial information, click here


Official website here: www.ilbanker.com

What is the mission statement of Illinois Bankers Association?

The Illinois Bankers Association, as a member organization, is dedicated to strengthening the banking sector within the state. Their mission is to empower bankers by facilitating information sharing, fostering collaboration, and promoting innovation. This is achieved through the provision of relevant resources, publications, and services. The association also plays a crucial role in advocating for favorable legislative changes to enhance the financial services industry at both state and federal levels. They communicate these changes to their members via email and publications, ensuring that every industry player remains informed.


Official website here: www.ilbanker.com

Who is the CEO of Illinois Bankers Association?

Ben Jackson is the Vice President of Illinois Bankers Association. The CEO's salary of Illinois Bankers Association is $0 and their total compensation is $0.


Official website here: www.ilbanker.com

What is the revenue of Illinois Bankers Association?

Illinois Bankers Association's revenue in 2022 was $5,271,909.


Official website here: www.ilbanker.com

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

The average compensation at Illinois Bankers Association during 2022 was $97,840. There are 30 employees and 208 volunteers at Illinois Bankers Association.


Here are 35 key members and their salaries (Illinois Bankers Association's CEO's salary is $0 and their total compensation is $0):


Tj Burge (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lora Kalka (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony G Nestler (Chair Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Chamberlain (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtney Olson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Horvath (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Collins (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Pettaway (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Hannon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rudy Gonzalez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Brummel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtney Olson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Williamson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Bland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Tiemann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Parks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Randolph (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betsy Johnson (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gustavus Bahr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
J David Conterio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Doedtman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bethany Shaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Kelly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karlie Krehbiel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Macon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Wujek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Petrie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Smigel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randall Hultgren (Secretary & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Settanni (Associate Counsel)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Bennett (Vp Finance)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Hoffman ()
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Jackson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Callan Stappleton ()
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ilbanker.com

Where can I find the form 990 for Illinois Bankers Association?

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


Official website here: www.ilbanker.com

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

Mission Statement of Illinois Bankers Association

The Illinois Bankers Association, as a member organization, is dedicated to empowering bankers within the state through the provision of valuable information, fostering collaboration, and promoting innovation. Its mission is geared towards enhancing the banking industry by engaging in legislative relations, aiming to improve both state and federal laws that positively impact the financial services sector in Illinois. The Association's efforts encompass every member within the industry, ensuring that they all benefit from these legislative improvements. To facilitate this, the organization shares relevant information through emails and publications, keeping its members informed and well-equipped to navigate the evolving banking landscape.

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Impact




October, 2024

The Illinois Bankers Association (IBA) plays a significant role in promoting and supporting the banking industry in Illinois. Through education, legislative advocacy, and the provision of essential products and services, the IBA enhances the operation and regulations that govern financial institutions in the state.

By focusing on legislative relations, the IBA actively works to improve state and federal laws that benefit the financial services sector, ensuring that the interests of its members are represented. This advocacy impacts all banking industry members across Illinois, fostering a collaborative environment that encourages innovation and growth.

Additionally, the IBA disseminates crucial legislative information through emails and publications, keeping bankers informed and engaged. By empowering Illinois bankers with knowledge and resources, the association contributes to the overall improvement of the community and the economic landscape in the state.




This information is meant to be a general summary of Illinois Bankers Association. 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
$5,271,909 (2022)
Expenses
$4,763,746 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $25,116
  • Program Service Revenue: $3,859,273
  • Gross Receipts: $5,271,909

Assets and Liabilities:

  • Total Assets: $10,517,984
  • Total Liabilities: $7,202,954
  • Net Assets: $3,315,030

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Programs

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

Governance & relations

Revenue

$46,650

Legislative Relations

Revenue

$39,661

Membership Development

Revenue

$57,191

Membership Dues

Revenue

$3,500,088

Subscription Income

Revenue

$210,150

Organization Details

Founding Year

1891

Principal Officer

Ben Jackson

Main Address

3201 West White Oaks Drive 400, Springfield, IL, 62704

NTEE Category

Code: S41 - Community improvement

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