The Consumer Bankers Association

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

EIN: 530112431 ✦ Washington, DC ✦ Designated as a 501(c)(6)

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Overview

What is The Consumer Bankers Association?

The Consumer Bankers Association (CBA) is a nonprofit organization dedicated to championing the retail banking industry. Based on the provided information, their mission is to preserve and advance this sector, ensuring it meets the financial requirements of American consumers and small businesses. CBA's activities aim to benefit the consumer banking industry as a whole.


Official website here: www.consumerbankers.com

Is The Consumer Bankers Association legitimate?

The Consumer Bankers Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Consumer 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: $2,808,524
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,105,941

For more financial information, click here


Official website here: www.consumerbankers.com

What is the mission statement of The Consumer Bankers Association?

The Consumer Bankers Association (CBA) works diligently to preserve and enhance the retail banking industry, ensuring it caters effectively to the financial requirements of American consumers and small businesses. By advocating for the industry, the CBA aims to meet the diverse needs of consumers and small businesses, contributing significantly to the financial landscape. The organization's commitment extends to fostering a thriving banking sector that benefits the broader economy. Through various initiatives, the CBA represents the industry's interests and champions its role in providing essential financial services to individuals and businesses across the United States.


Official website here: www.consumerbankers.com

Who is the CEO of The Consumer Bankers Association?

Lindsey Johnson is the CEO of The Consumer Bankers Association The CEO's salary of The Consumer Bankers Association is $500,480 and their total compensation is $537,455.


Official website here: www.consumerbankers.com

What is the revenue of The Consumer Bankers Association?

The Consumer Bankers Association's revenue in 2023 was $17,298,679.


Official website here: www.consumerbankers.com

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

The average compensation at The Consumer Bankers Association during 2023 was $184,057. There are 43 employees at The Consumer Bankers Association.

Here are 33 key members and their salaries (The Consumer Bankers Association's CEO's salary is $500,480 and their total compensation is $537,455):


Ryan Bailey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Quincy Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Channels (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Alexander (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Barnhart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Borton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brendan Coughlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Griffin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Hammond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ernie Johannson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cassandra Mckinney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nitin Mhatre (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Tedesco (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Celia Karam (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brant Standbridge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samantha Melting (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Earnie Diaz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Welsh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gonzalo Luchetti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen M Fitzsimmons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Hunt (President & Ceo)
  • Compensation: $1,847,066
  • Related: $0
  • Other: $55,398
Lindsey Johnson (Current President & Ceo)
  • Compensation: $500,480
  • Related: $0
  • Other: $36,975
Daniel Smith (Vice President)
  • Compensation: $445,442
  • Related: $0
  • Other: $46,117
Jean Bunton (Senior Vice President)
  • Compensation: $416,540
  • Related: $0
  • Other: $33,346
Michelle Aughinbaugh (Cao)
  • Compensation: $360,607
  • Related: $0
  • Other: $55,458
Lauren Bianchi (Staff)
  • Compensation: $266,124
  • Related: $0
  • Other: $23,745
Thomas Dent (Staff)
  • Compensation: $262,625
  • Related: $0
  • Other: $45,333
Kevin O'Connor (Senior Vice President)
  • Compensation: $240,658
  • Related: $0
  • Other: $22,490
David Pommerehn (Vice President)
  • Compensation: $323,484
  • Related: $0
  • Other: $42,581
Samuel Whitfield (Senior Vice President)
  • Compensation: $446,529
  • Related: $0
  • Other: $46,148


Official website here: www.consumerbankers.com

Where can I find the form 990 for The Consumer Bankers Association?

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


Official website here: www.consumerbankers.com

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

Mission Statement of The Consumer Bankers Association

The Consumer Bankers Association (CBA) is a notable organization dedicated to preserving and enhancing the retail banking sector's role in addressing the financial requirements of American consumers and small businesses. With a mission to promote this industry, CBA plays a pivotal role in ensuring the banking industry thrives while catering to the monetary needs of the population it serves.

In essence, the Consumer Bankers Association (CBA) functions as an advocate for the retail banking industry. By championing its cause, CBA facilitates the growth and progress of the sector, ultimately enabling it to meet the diverse financial demands of American consumers and small businesses effectively. Through its efforts, the organization aims to create a robust and responsive banking industry that caters to the financial needs of individuals and businesses across the nation.

The Consumer Bankers Association (CBA) serves as a valuable resource and thought leader in the banking industry. By preserving the industry's interests, it fosters an environment that encourages innovation, efficiency, and competitiveness in retail banking. In this capacity, CBA plays a crucial role in shaping the future of the banking landscape and ensuring that it remains aligned with the evolving needs of American consumers and small businesses.

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Impact




October, 2024

The Consumer Bankers Association (CBA) plays a crucial role in strengthening the retail banking industry, ensuring it effectively meets the financial needs of American consumers and small businesses. By advocating for policies that benefit this sector, CBA helps create a favorable regulatory environment, enabling banks to innovate and provide better services. Additionally, the association serves as a platform for collaboration among industry players, fostering best practices that enhance customer experiences. CBA's efforts contribute to community improvement, supporting economic growth and the financial well-being of individuals and enterprises across the nation.




This information is meant to be a general summary of The Consumer 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
$17,298,679 (2023)
2011201220132014201520162017201820192020202120222023$0$4.5M$9M$13.5M$18M
Expenses
$15,524,278 (2023)
2011201220132014201520162017201820192020202120222023$0$4M$8M$12M$16M
Efficiency
20112012201320142015201620172018201920202021202220230%15%30%45%67%

Other financial information:

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

  • Investment Income: $212,815
  • Program Service Revenue: $17,343,555
  • Gross Receipts: $17,563,860

Assets and Liabilities:

  • Total Assets: $10,888,858
  • Total Liabilities: $5,862,989
  • Net Assets: $5,025,869

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Programs

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

MEMBERSHIPS

Revenue

$7,853,525

CONFERENCES

Revenue

$4,681,545

GRADUATE SCHOOL

Revenue

$2,965,460

COMMUNICATIONS

Revenue

$759,991

COMMITTEE & WORKING GROUP

Revenue

$715,000

Organization Details

Founding Year

1919

Principal Officer

Lindsey Johnson

Main Address

1225 NEW YORK AVE NW 1100, WASHINGTON, DC, 20005

NTEE Category

Code: S41 - Community improvement

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