Overview
What is Tennessee Bankers Association Inc?
The Tennessee Bankers Association (TBA) serves as a trade association, catering to the needs of banks, thrift institutions, and trust companies in Tennessee. Their primary role involves offering ongoing education, establishing and monitoring state and federal legislative agendas, disseminating industry information, and promoting a positive image for financial institutions. Each year, the TBA organizes around 70 educational programs, including conferences like the TBA Annual Meeting and banking schools such as the Southeastern Schools of Banking. With a workforce of 20 individuals, the TBA is dedicated to supporting its member institutions in providing a wide range of reliable financial products and services while maintaining safety and soundness.
Official website here: www.tnbankers.org
Is Tennessee Bankers Association Inc legitimate?
Tennessee Bankers Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Tennessee Bankers Association Inc 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: $945,149
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,112,578
For more financial information, click here
Official website here: www.tnbankers.org
What is the mission statement of Tennessee Bankers Association Inc?
The Tennessee Bankers Association's mission is to represent and support its member banks, thrift institutions, and trust companies. This association aims to enable its members to provide a wide range of high-quality financial products and services while maintaining safety and soundness. To accomplish this, the Tennessee Bankers Association offers continuous education, shapes state and federal legislative agendas, disseminates industry information, and enhances the public image of financial institutions. Each year, they conduct around 70 informative, educational, and training programs, including annual meetings and banking schools. The Association consistently evaluates, improves, and expands its programs and services to meet the evolving needs of its member institutions.
Official website here: www.tnbankers.org
Who is the CEO of Tennessee Bankers Association Inc?
Unavailable
Official website here: www.tnbankers.org
What is the revenue of Tennessee Bankers Association Inc?
Tennessee Bankers Association Inc's revenue in 2022 was $6,097,018.
Official website here: www.tnbankers.org
Who are the executives of Tennessee Bankers Association Inc and what are their salaries?
The average compensation at Tennessee Bankers Association Inc during 2022 was $102,886. There are 20 employees and 410 volunteers at Tennessee Bankers Association Inc.
Here are 31 key members and their salaries:
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- Compensation: $153,897
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- Compensation: $206,080
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- Compensation: $148,207
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- Compensation: $121,390
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- Other: $19,452
Official website here: www.tnbankers.org
Where can I find the form 990 for Tennessee Bankers Association Inc?
Tennessee Bankers Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tnbankers.org
Learn more at the official website: www.tnbankers.org
Mission Statement of Tennessee Bankers Association Inc
Tennessee Bankers Association, as a trade association, is dedicated to representing and supporting its member institutions, which consist of commercial banks, thrift institutions, and trust companies in Tennessee. Its mission is to enable these financial institutions to provide a full range of quality financial products and services while maintaining safety and soundness. By doing so, the Association aims to contribute positively to the economic growth and stability of the state.
To achieve this mission, the Tennessee Bankers Association offers various services and programs. It provides continuing education to its members, helping them stay updated on the latest trends and developments in the financial services industry. The Association also develops and monitors state and federal legislative agendas, ensuring that the interests of its members are represented in policy-making processes. Furthermore, it disseminates information on all facets of the financial services industry, promoting a better understanding of the sector among various stakeholders. Lastly, the Tennessee Bankers Association works to improve the public image of financial institutions, fostering trust and confidence in the sector.
In summary, the mission of the Tennessee Bankers Association is to support its member institutions in their mission to provide quality financial services while maintaining safety and soundness. It does this by offering education, advocacy, and information services, working to promote a positive public image of the financial services sector. The Association's role is crucial in ensuring the continued growth and stability of the financial sector in Tennessee.
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Impact
October, 2024
The Tennessee Bankers Association (TBA) plays a crucial role in shaping the banking landscape in Tennessee. By providing essential support, education, and advocacy for commercial banks, thrift institutions, and trust companies, TBA ensures that its members remain well-informed and equipped to navigate the ever-evolving financial industry.
Through its comprehensive educational programs, including annual meetings, conventions, and specialized banking schools, TBA fosters continuous professional development, enabling bank employees to enhance their skills and knowledge. This commitment to education not only benefits individual institutions but also contributes to the overall stability and credibility of the banking sector in Tennessee.
TBA actively monitors and influences state and federal legislative agendas that affect its members. By representing their interests, the association helps create a favorable regulatory environment, ensuring that financial institutions can provide a diverse range of quality products and services while maintaining safety and soundness.
The organization's efforts to disseminate information about the financial services industry and promote a positive image of banking institutions further enhance public trust and understanding. As the financial landscape becomes more complex, TBA's adaptability in evaluating and improving its programs ensures that it meets the changing needs of its member institutions. In summary, the Tennessee Bankers Association significantly impacts the community by strengthening the local banking industry, fostering professional growth, and advocating for sound banking practices.
This information is meant to be a general summary of Tennessee Bankers Association Inc. 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: $380,042
- Program Service Revenue: $4,480,295
- Gross Receipts: $6,508,875
Assets and Liabilities:
- Total Assets: $20,990,156
- Total Liabilities: $2,389,000
- Net Assets: $18,601,156
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
convention & seminar fee
Revenue
$2,420,849
membership dues
Revenue
$1,180,565
administrative fees
Revenue
$375,000
lease income
Revenue
$157,524
Training Center
Revenue
$284,214
Organization Details
Founding Year
1890
Phone
(615) 244-4871Main Address
211 Athens Way 100, Nashville, TN, 372281381
Website
www.tnbankers.orgNTEE Category
Code: S41 - Community improvement
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