Overview
What is Independent Community Bankers Of America?
Independent Community Bankers of America is a nonprofit organization located in Sauk Centre, Minnesota, with a total workforce of 339 employees. They foster an environment for community banks to thrive by providing essential publications, education programs, and resources. Their offerings include award-winning magazines, seminars, online training, and an annual convention, all designed to keep community bankers informed about industry trends and innovations. ICBA's Bank Director Program offers networking opportunities for directors, while marketing resources help members effectively promote themselves. Through various alliances, ICBA provides education and resources for members and their communities.
Official website here: www.icba.org
Is Independent Community Bankers Of America legitimate?
Independent Community Bankers Of America is a legitimate nonprofit organization registered as a 501(c)(6) entity. Independent Community Bankers Of America 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: $6,567,623
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,234,070
For more financial information, click here
Official website here: www.icba.org
What is the mission statement of Independent Community Bankers Of America?
The Independent Community Bankers of America (ICBA) strive to create and promote an environment that allows community banks to thrive. They accomplish this through various initiatives. ICBA produces numerous publications that keep members informed about trends and issues within the community banking industry. These include award-winning magazines and newsletters.
Additionally, ICBA's Community Banker University offers education tailored to the technology, operations, and compliance needs of community bankers. ICBA provides superior seminars, products, and online training, ensuring members receive the latest industry knowledge.
ICBA's annual convention, ICBA Live, is the largest educational gathering for community bankers. This event equips bankers with the most recent trends and innovations affecting their business. The Bank Director Program offers essential information and in-depth educational programs designed for bank directors, enabling them to network with their peers from across the country.
Lastly, ICBA offers marketing resources and alliances with various organizations, helping members find cost-effective and time-saving ways to promote themselves while providing education and resources for their communities.
Official website here: www.icba.org
Who is the CEO of Independent Community Bankers Of America?
Rebeca Romero Rainey is the President/Ceo of Independent Community Bankers Of America. The CEO's salary of Independent Community Bankers Of America is $131,649 and their total compensation is $131,649.
Official website here: www.icba.org
What is the revenue of Independent Community Bankers Of America?
Independent Community Bankers Of America's revenue in 2022 was $46,228,099.
Official website here: www.icba.org
Who are the executives of Independent Community Bankers Of America and what are their salaries?
The average compensation at Independent Community Bankers Of America during 2022 was $58,412. There are 339 employees and 258 volunteers at Independent Community Bankers Of America.
Here are 40 key members and their salaries (Independent Community Bankers Of America's CEO's salary is $131,649 and their total compensation is $131,649):
- Compensation: $1,522,890
- Related: $0
- Other: $41,574
- Compensation: $42,571
- Related: $2,842
- Other: $0
- Compensation: $44,725
- Related: $0
- Other: $0
- Compensation: $19,538
- Related: $0
- Other: $0
- Compensation: $17,524
- Related: $0
- Other: $0
- Compensation: $13,763
- Related: $0
- Other: $0
- Compensation: $9,645
- Related: $0
- Other: $0
- Compensation: $7,491
- Related: $0
- Other: $0
- Compensation: $6,444
- Related: $0
- Other: $0
- Compensation: $5,648
- Related: $0
- Other: $0
- Compensation: $5,016
- Related: $0
- Other: $0
- Compensation: $3,633
- Related: $1,136
- Other: $0
- Compensation: $4,214
- Related: $0
- Other: $0
- Compensation: $3,758
- Related: $0
- Other: $0
- Compensation: $2,356
- Related: $1,395
- Other: $0
- Compensation: $2,904
- Related: $0
- Other: $0
- Compensation: $2,685
- Related: $0
- Other: $0
- Compensation: $1,351
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $1,030,858
- Related: $0
- Other: $44,424
- Compensation: $466,330
- Related: $0
- Other: $41,574
- Compensation: $799,303
- Related: $0
- Other: $42,774
- Compensation: $531,226
- Related: $0
- Other: $41,574
- Compensation: $385,384
- Related: $0
- Other: $44,424
- Compensation: $342,015
- Related: $0
- Other: $42,574
- Compensation: $316,169
- Related: $0
- Other: $40,374
- Compensation: $314,419
- Related: $0
- Other: $42,374
- Compensation: $270,931
- Related: $0
- Other: $13,167
- Compensation: $406,446
- Related: $0
- Other: $43,674
- Compensation: $296,233
- Related: $0
- Other: $39,774
- Compensation: $287,375
- Related: $0
- Other: $39,342
- Compensation: $276,576
- Related: $0
- Other: $38,784
- Compensation: $277,872
- Related: $0
- Other: $25,555
- Compensation: $131,649
- Related: $0
- Other: $0
Official website here: www.icba.org
Where can I find the form 990 for Independent Community Bankers Of America?
Independent Community Bankers Of America's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.icba.org
Learn more at the official website: www.icba.org
Mission Statement of Independent Community Bankers Of America
Independent Community Bankers of America (ICBA) is a dynamic organization committed to fostering an environment where community banks thrive. With a clear mission to create and promote this enabling setting, ICBA serves as a vital resource for community banks across the nation.
ICBA's extensive range of offerings begins with its informative publications. These publications, including the award-winning Independent Banker Magazine, ICBA Newswatch Today, and ICBA Member Access, keep members informed about the latest trends and issues affecting the community banking industry. Furthermore, ICBA provides community bankers with essential education through Community Banker University. This comprehensive educational platform offers superior seminars, products, and online training, ensuring members stay updated on the latest industry knowledge. All courses undergo rigorous review by a committee of community bankers before becoming available to members.
ICBA's annual convention, ICBA Live, is the largest educational gathering for community bankers in the United States. This national event offers attendees the opportunity to learn about the latest trends and innovations impacting their banks, keeping them at the forefront of the industry. ICBA's Bank Director Program is another essential offering, providing directors with valuable information and in-depth educational programs. With over 5,000 participants, this networking platform allows community bank directors to connect with colleagues from across the country, reinforcing the "community" aspect within community banks.
Lastly, ICBA offers marketing resource programs designed to help members effectively promote themselves. Additionally, ICBA has formed alliances with various organizations to provide education and resources for members and their communities. By offering these diverse services, ICBA plays a crucial role in supporting the growth and success of community banks in the United States.
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Impact
October, 2024
The Independent Community Bankers of America (ICBA) plays a significant role in supporting and promoting community banks across the nation. By creating and fostering an environment where these banks can thrive, ICBA drives initiatives that impact both the banking industry and the communities it serves.
ICBA produces various publications that keep its members informed about the latest trends and challenges facing the community banking sector. Notable among these is the award-winning Independent Banker magazine, which offers insights and analysis relevant to the industry. Additionally, ICBA provides essential educational resources through the Community Banker University, equipping community bankers with the necessary knowledge to navigate technology, operations, and compliance challenges.
The organization hosts ICBA LIVE, its annual convention, which is the largest educational gathering for community bankers. This event allows participants to stay abreast of innovations and trends affecting their institutions, fostering a spirit of collaboration and knowledge-sharing that benefits the entire community banking network.
Through the Bank Director Program, ICBA offers vital resources and networking opportunities for bank directors, enabling them to enhance their governance skills and maintain a strong community focus within their institutions. The organization also assists its members in marketing their banking services effectively, providing cost-effective resources to enhance visibility and community outreach.
Furthermore, ICBA's alliances with various organizations underline its commitment to consumer education, offering valuable resources that help community banks serve their customers better. Overall, the impact of ICBA is profound, as it strengthens the foundation of community banks, ultimately contributing to the economic growth and resilience of local communities.
This information is meant to be a general summary of Independent Community Bankers Of America. 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: $3,578,089
- Program Service Revenue: $31,646,787
- Gross Receipts: $55,943,763
Assets and Liabilities:
- Total Assets: $279,726,377
- Total Liabilities: $30,004,298
- Net Assets: $249,722,079
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$20,452,626
CONVENTIONS/SEMINARS
Revenue
$10,070,799
ADVERTISING
Revenue
$1,123,362
Organization Details
Founding Year
1930
Phone
(320) 352-6546Principal Officer
Rebeca Romero Rainey
Main Address
518 LINCOLN ROAD, SAUK CENTRE, MN, 56378
Website
www.icba.orgNTEE Category
Code: S41 - Community improvement
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