Overview
What is Community Bankers Of Michigan?
Community Bankers of Michigan is a nonprofit organization situated in East Lansing, Michigan, specifically at 830 W Lake Lansing Rd 250. Its primary objective is to foster, nurture, and safeguard the community banking sector across the diverse communities of Michigan. Through advocacy and promotion, this organization aims to establish community banks as reliable providers of financial services. With a team of seven dedicated individuals, Community Bankers of Michigan works tirelessly to advance the interests of community banking within the state, contributing to the financial well-being of local communities.
Official website here: www.cbofm.org
Is Community Bankers Of Michigan legitimate?
Community Bankers Of Michigan is a legitimate nonprofit organization registered as a 501(c)(6) entity. Community Bankers Of Michigan 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: $227,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $243,179
For more financial information, click here
Official website here: www.cbofm.org
What is the mission statement of Community Bankers Of Michigan?
The mission of Community Bankers of Michigan is threefold. It aims to encourage, develop, and protect the community banking industry within the diverse communities of Michigan. This organization serves to advocate for community banks, promoting them as reliable providers of financial services. Its goal is to foster the growth and safeguard the interests of the community banking sector in Michigan.
Official website here: www.cbofm.org
Who is the CEO of Community Bankers Of Michigan?
Michael Tierney is the Icba Federal Delegate of Community Bankers Of Michigan. The CEO's salary of Community Bankers Of Michigan is $227,400 and their total compensation is $227,400.
Official website here: www.cbofm.org
What is the revenue of Community Bankers Of Michigan?
Community Bankers Of Michigan's revenue in 2022 was $1,190,769.
Official website here: www.cbofm.org
Who are the executives of Community Bankers Of Michigan and what are their salaries?
The average compensation at Community Bankers Of Michigan during 2022 was $67,226. There are 7 employees and 14 volunteers at Community Bankers Of Michigan.
Here are 15 key members and their salaries (Community Bankers Of Michigan's CEO's salary is $227,400 and their total compensation is $227,400):
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Official website here: www.cbofm.org
Where can I find the form 990 for Community Bankers Of Michigan?
Community Bankers Of Michigan's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cbofm.org
Learn more at the official website: www.cbofm.org
Mission Statement of Community Bankers Of Michigan
Community Bankers of Michigan, as an organization, is committed to advancing, promoting, and advocating for community banks as reliable providers of financial services. Their mission is twofold: to encourage, develop, and protect the community banking industry within the diverse communities of Michigan. This mission involves fostering an environment that supports the growth and sustainability of community banks, ensuring they remain a trusted source of financial services for their local communities. The organization's ultimate goal is to safeguard the community banking industry, enabling it to continue serving its communities effectively and beneficially.
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Impact
October, 2024
Community Bankers of Michigan significantly impacts the financial landscape by advocating for community banks as reliable providers of financial services. By promoting and advancing the interests of these institutions, they play a crucial role in fostering a robust community banking sector throughout diverse communities in Michigan. Their efforts focus on encouraging, developing, and protecting the industry, ensuring that local banks can thrive and meet the unique needs of their customers. This support contributes to the economic health of the communities they serve, reinforcing the importance of accessible, community-centered financial services.
This information is meant to be a general summary of Community Bankers Of Michigan. 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: $3,418
- Program Service Revenue: $618,607
- Gross Receipts: $1,256,687
Assets and Liabilities:
- Total Assets: $1,361,105
- Total Liabilities: $19,236
- Net Assets: $1,341,869
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONVENTIONS
Revenue
$618,607
Organization Details
Founding Year
1974
Phone
(517) 336-4430Principal Officer
Michael Tierney
Main Address
830 W LAKE LANSING RD 250, EAST LANSING, MI, 48823
Website
www.cbofm.orgNTEE Category
Code: W60 - Public benefit
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