Overview
What is Bank Administration Institute?
The Bank Administration Institute (BAI) is a prominent nonprofit organization situated in Chicago, Illinois. With a workforce of 120 individuals, its primary mission is to advance education in the realms of financial services, banking, and related areas. The organization achieves this objective through various means, including educational seminars, symposiums, conferences, and other platforms. In 2022, around 45 individuals participated in BAI's educational events, and over 1.4 million people visited their website to access insightful content on various financial services topics. The BAI website serves as a hub for thought leadership, offering valuable perspectives on diverse financial subjects.
Official website here: www.bai.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The Bank Administration Institute (BAI) has achieved an impressive score of 96%, reflecting its strong commitment to accountability and finance. This high rating is derived entirely from its performance in the Accountability & Finance beacon, showcasing the organization's effective financial management practices. Notably, BAI maintains a board composed of 94% independent members, which enhances its governance and oversight capabilities.
The organization exhibits excellent financial health, evidenced by a low liabilities-to-assets ratio of 24.06% and a program expense ratio of 94.55%. These figures indicate that BAI allocates a significant portion of its resources directly to its programs, thereby maximizing its impact. Furthermore, BAI has robust policies in place, such as a conflict of interest policy, a whistleblower policy, and thorough documentation practices, contributing to its transparency and integrity.
While the data reflects strong financial management and governance, the summary does not highlight any specific programmatic outcomes or areas of community impact. Nonetheless, the absence of negative financial indicators and the presence of independent oversight positions BAI as a reputable organization within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Bank Administration Institute legitimate?
Bank Administration Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bank Administration 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: $7,436
Professional Fundraising Fees: $0
Other Salaries and Wages: $44,628
For more financial information, click here
Official website here: www.bai.org
What is the mission statement of Bank Administration Institute?
The Bank Administration Institute (BI) is committed to promoting education in the sectors of financial services, banking, and related fields. Their mission, in essence, is to foster research and education in areas such as fiscal and monetary policy, economics, investment, and related subjects. They accomplish this objective through organized educational seminars, symposia, conferences, and various other means. In 2022, around 45 individuals participated in BAI's educational events, and over 1.4 million individuals visited their website, which serves as a platform for thought leadership on various financial services topics.
Official website here: www.bai.org
Who is the CEO of Bank Administration Institute?
Deborah Bianucci is the Principal Officer of Bank Administration Institute. The CEO's salary of Bank Administration Institute is $3,799 and their total compensation is $1,028,920.
Official website here: www.bai.org
What is the revenue of Bank Administration Institute?
Bank Administration Institute's revenue in 2022 was $912,525.
Official website here: www.bai.org
Who are the executives of Bank Administration Institute and what are their salaries?
The average compensation at Bank Administration Institute during 2022 was $434. There are 120 employees and 6 volunteers at Bank Administration Institute.
Here are 29 key members and their salaries (Bank Administration Institute's CEO's salary is $3,799 and their total compensation is $1,028,920):
- Compensation: $3,799
- Related: $995,882
- Other: $29,239
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- Compensation: $1,422
- Related: $372,747
- Other: $37,501
- Compensation: $1,649
- Related: $432,278
- Other: $57,956
- Compensation: $1,746
- Related: $457,673
- Other: $55,786
- Compensation: $53,975
- Related: $298,339
- Other: $57,255
- Compensation: $824
- Related: $215,889
- Other: $48,020
- Compensation: $711
- Related: $186,596
- Other: $44,857
- Compensation: $802
- Related: $210,404
- Other: $23,013
Official website here: www.bai.org
Where can I find the form 990 for Bank Administration Institute?
Bank Administration Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bai.org
Learn more at the official website: www.bai.org
Mission Statement of Bank Administration Institute
The Bank Administration Institute, abbreviated as BAI, is committed to advancing education in the domains of financial services, banking, and related sectors. Their mission is twofold: firstly, they aim to promote research and education in these fields through various means, including educational seminars, symposia, conferences, and other platforms. Secondly, BAI focuses on fiscal and monetary policy, economics, investment, and related areas, striving to contribute valuable insights in these domains.
In pursuit of its mission, BAI hosted a series of educational conferences and seminars in 2022, attracting over 45 attendees. Moreover, the organization's online presence, the BAI website, reached an impressive audience of over 1.4 million individuals. This digital platform serves as a platform for thought leadership, offering insights and discussions on a wide range of financial services topics. By doing so, BAI plays a significant role in shaping perspectives and fostering knowledge in the financial services sector.
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Impact
October, 2024
The Bank Administration Institute significantly impacts the financial services sector by advancing education and research in areas such as banking, fiscal and monetary policy, and investment. In 2022, over 45 individuals participated in its educational conferences and seminars, showcasing its role as a vital platform for industry professionals to enhance their knowledge and skills. The reach extends even further, with more than 1.4 million visitors to the BAI website, which serves as a key resource for thought leadership on various financial topics. By offering valuable learning opportunities and fostering informed discussions, the organization contributes to the overall improvement of the financial community.
This information is meant to be a general summary of Bank Administration 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $792,161
- Program Service Revenue: $80,412
- Gross Receipts: $3,737,498
Assets and Liabilities:
- Total Assets: $36,857,062
- Total Liabilities: $8,870,619
- Net Assets: $27,986,443
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAMS & CONFERENCES
Revenue
$80,412
Organization Details
Founding Year
1984
Phone
(312) 553-4600Principal Officer
Deborah Bianucci
Main Address
115 SOUTH LASALLE ST 3300, CHICAGO, IL, 60603
Website
www.bai.orgNTEE Category
Code: S410 - Community improvement
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