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Maryland Association For Bank Security

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

EIN: 522142239 ✦ Edgewood, MD ✦ Designated as a 501(c)(6)

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Overview

What is Maryland Association For Bank Security?

The Maryland Association for Bank Security is a nonprofit organization committed to combating fraud within the banking sector. They achieve this by partnering with the FBI and local law enforcement agencies, offering rewards for valuable information regarding bank robberies. Regular meetings are organized to educate the banking community, keeping them informed about the latest security updates and incidents in the area. The association's mission is to enhance the security measures within the banking sector, thereby reducing the occurrence of fraud.


Official website here: www.mabsonline.com

Is Maryland Association For Bank Security legitimate?

Maryland Association For Bank Security is a legitimate nonprofit organization registered as a 501(c)(6) entity. Maryland Association For Bank Security submitted a form 990EZ, 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.


Official website here: www.mabsonline.com

What is the mission statement of Maryland Association For Bank Security?

The Maryland Association for Bank Security works towards minimizing fraud within the banking sector by partnering with the FBI and local law enforcement. They offer monetary rewards for information leading to the resolution of bank robberies. Additionally, the organization conducts educational meetings to inform the banking community about the latest security updates and incidents in the area. Their primary goal is to enhance the security measures within the banking community.


Official website here: www.mabsonline.com

Who is the CEO of Maryland Association For Bank Security?

Mark Cowley is the President of Maryland Association For Bank Security.


Official website here: www.mabsonline.com

What is the revenue of Maryland Association For Bank Security?

Maryland Association For Bank Security's revenue in 2022 was $4,726.


Official website here: www.mabsonline.com

Who are the executives of Maryland Association For Bank Security and what are their salaries?


Here are 4 key members and their salaries:


Mark Cowley (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelley Morgart (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carla Nelson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Soller (Sergeant-At-Arms)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mabsonline.com

Where can I find the form 990EZ for Maryland Association For Bank Security?

Maryland Association For Bank Security's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.mabsonline.com

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

Mission Statement of Maryland Association For Bank Security

Maryland Association for Bank Security strives to combat fraud in the banking sector by working closely with the FBI and local law enforcement. As part of this mission, the organization offers financial rewards for information leading to the resolution of bank robberies. Maryland Association for Bank Security also holds educational meetings to keep the banking community informed about the latest security updates and recent incidents in the area. By collaborating with law enforcement and providing resources for information sharing, this nonprofit organization aims to reduce fraud and promote a safer banking environment.

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Impact




October, 2024

The Maryland Association for Bank Security significantly impacts the banking community by actively working to reduce fraud and enhance security measures. By collaborating with the FBI and local law enforcement, the organization plays a critical role in facilitating information sharing and identifying culprits behind bank robberies. It provides financial rewards for tips that lead to successful prosecutions, encouraging community involvement in crime prevention.

Additionally, the association hosts meetings to keep banking professionals informed about recent criminal activities and security updates, fostering a culture of awareness and proactive protection. This educational aspect cultivates a stronger, more resilient banking environment, ultimately benefiting both financial institutions and their customers. Through these initiatives, the Maryland Association for Bank Security effectively improves community safety and strengthens trust in banking services.




This information is meant to be a general summary of Maryland Association For Bank Security. 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
$4,726 (2022)
Expenses
$5,472 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $98
  • Program Service Revenue: $540
  • Gross Receipts: $4,726

Assets and Liabilities:

  • Total Assets: $116,953
  • Total Liabilities: $0
  • Net Assets: $116,953

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Organization Details

Principal Officer

Mark Cowley

Main Address

1321 PULASKI HIGHWAY, EDGEWOOD, MD, 21040

NTEE Category

Code: S41 - Community improvement

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