Delaware Bankers Association

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

EIN: 516017917 ✦ Dover, DE ✦ Designated as a 501(c)(6)

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Overview

What is Delaware Bankers Association?

The Delaware Bankers Association is a nonprofit organization that prioritizes supporting its member financial institutions. Their mission involves providing leadership and essential information to empower their employees, contribute positively to local communities, and foster a secure and thriving financial services sector within the state of Delaware. This includes offering guidance and resources that ensure the industry remains safe and sustainable for all stakeholders.


Official website here: www.debankers.com

Is Delaware Bankers Association legitimate?

Delaware Bankers Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Delaware 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: $400,832
Professional Fundraising Fees: $0
Other Salaries and Wages: $354,912

For more financial information, click here


Official website here: www.debankers.com

What is the mission statement of Delaware Bankers Association?

The Delaware Bankers Association's mission is to assist its member institutions by providing them with essential leadership and information. This support aims to ensure the safety and viability of the financial services industry for their employees, the communities they serve, and the state as a whole. The association's objective is to foster a secure and reliable financial sector that benefits everyone involved.


Official website here: www.debankers.com

Who is the CEO of Delaware Bankers Association?

Sarah A Long is the Chair of Delaware Bankers Association. The CEO's salary of Delaware Bankers Association is $299,800 and their total compensation is $339,505.


Official website here: www.debankers.com

What is the revenue of Delaware Bankers Association?

Delaware Bankers Association's revenue in 2023 was $1,385,400.


Official website here: www.debankers.com

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

The average compensation at Delaware Bankers Association during 2023 was $125,957. There are 6 employees at Delaware Bankers Association.


Here are 18 key members and their salaries (Delaware Bankers Association's CEO's salary is $299,800 and their total compensation is $339,505):


Dominic C Canuso (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tarrie Miller (Chair Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Parks (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Clift (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caroline H Dickerson (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Kern (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicolas Jafarieh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Isabel R Araujo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Schiller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelley Waite (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Miraglia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Kirkwood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meg Rafalli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Gaughn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Westcott (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah A Long (President, Ceo & Treasurer)
  • Compensation: $299,800
  • Related: $0
  • Other: $39,705
Margaret Cregan (Vp, Membership & Administr)
  • Compensation: $112,637
  • Related: $0
  • Other: $0
Tom Collins (Evp Gov'T Relations)
  • Compensation: $113,808
  • Related: $0
  • Other: $0


Official website here: www.debankers.com

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

Delaware Bankers Association's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.debankers.com

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

Mission Statement of Delaware Bankers Association

The Delaware Bankers Association, a notable organization, is dedicated to supporting its member institutions. Its mission is to provide them with essential leadership and information, which in turn, ensures the safety and viability of the financial services industry for their employees, communities, and the state as a whole. By doing so, the Delaware Bankers Association contributes significantly to maintaining a secure and thriving financial sector.

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Impact




October, 2024

The Delaware Bankers Association plays a crucial role in enhancing the stability and efficacy of the financial services industry in the state. By providing leadership and valuable information to its member institutions, it bolsters the economic foundation for employees, communities, and the state at large. The association’s efforts contribute to creating a safe and viable financial environment, ensuring that financial institutions can operate effectively and responsibly.

Through its initiatives, the Delaware Bankers Association supports community improvement, fostering a robust financial ecosystem that is vital for local economic growth and well-being. This focus not only benefits the member institutions but also strengthens the overall community, empowering individuals and businesses to thrive. As a key player in advocating for a solid financial framework, the association facilitates collaboration and best practices among banks, enhancing the quality of financial services available to the public.




This information is meant to be a general summary of Delaware 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
$1,385,400 (2023)
Expenses
$1,239,468 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $13,717
  • Program Service Revenue: $969,704
  • Gross Receipts: $1,385,400

Assets and Liabilities:

  • Total Assets: $1,395,060
  • Total Liabilities: $114,430
  • Net Assets: $1,280,630

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Programs

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

MEMBERSHIP DUES

Revenue

$823,239

PROGRAM SERVICE FEES

Revenue

$146,465

Organization Details

Founding Year

1895

Principal Officer

Sarah A Long

Main Address

PO BOX 781, DOVER, DE, 19903

NTEE Category

Code: S41 - Community improvement

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