Overview
What is Independent Bankers Association Of Texas?
The Independent Bankers Association of Texas is a nonprofit organization situated in Austin, Texas. With a workforce of 35 individuals, its primary mission is to advocate for and safeguard the interests of independent banking. The association accomplishes this by presenting the perspectives of independent Texas bankers to various legislative bodies, regulatory authorities, and the public. To foster a sense of community and knowledge sharing, IBAT organizes an annual convention and conferences each fall. These events provide members with updates on economic, regulatory, and marketing concerns specific to banking. Furthermore, the convention offers an opportunity for members to engage with one another, association personnel, and banking-affiliated vendors.
Official website here: www.ibat.org
Is Independent Bankers Association Of Texas legitimate?
Independent Bankers Association Of Texas is a legitimate nonprofit organization registered as a 501(c)(6) entity. Independent Bankers Association Of Texas 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: $1,480,473
Professional Fundraising Fees: $0
Other Salaries and Wages: $880,631
For more financial information, click here
Official website here: www.ibat.org
What is the mission statement of Independent Bankers Association Of Texas?
The Independent Bankers Association of Texas aims to represent the interests of independent banks in Texas and the United States. This is achieved by advocating on behalf of its members to various legislative bodies, regulatory authorities, and the public. The association's mission is to promote and protect the interests of independent banking. This is carried out by presenting the views of Texas bankers, ensuring that their concerns are heard and addressed. The Independent Bankers Association of Texas also hosts an annual convention and conferences, providing updates on economic, regulatory, and marketing issues relevant to banking. These events offer members an opportunity to interact with each other, association staff, and various banking affiliated vendors.
Official website here: www.ibat.org
What is the revenue of Independent Bankers Association Of Texas?
Independent Bankers Association Of Texas's revenue in 2023 was $4,986,377.
Official website here: www.ibat.org
Who are the executives of Independent Bankers Association Of Texas and what are their salaries?
The average compensation at Independent Bankers Association Of Texas during 2023 was $76,165. There are 31 employees and 108 volunteers at Independent Bankers Association Of Texas.
Here are 66 key members and their salaries:
- Compensation: $309,590
- Related: $38,338
- Other: $47,792
- Compensation: $187,667
- Related: $10,329
- Other: $37,756
- Compensation: $253,172
- Related: $0
- Other: $46,784
- Compensation: $214,752
- Related: $0
- Other: $46,002
- Compensation: $19,512
- Related: $184,849
- Other: $47,484
- Compensation: $185,494
- Related: $41,132
- Other: $26,959
- Compensation: $146,863
- Related: $0
- Other: $26,864
- Compensation: $55,909
- Related: $129,573
- Other: $29,752
- Compensation: $129,671
- Related: $0
- Other: $21,487
- Compensation: $125,944
- Related: $0
- Other: $18,259
- Compensation: $25,367
- Related: $101,469
- Other: $21,026
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Official website here: www.ibat.org
Where can I find the form 990 for Independent Bankers Association Of Texas?
Independent Bankers Association Of Texas's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ibat.org
Learn more at the official website: www.ibat.org
Mission Statement of Independent Bankers Association Of Texas
The Independent Bankers Association of Texas, for short IBAT, is dedicated to championing and safeguarding the interests of independent banking in the state of Texas and beyond. To fulfill this objective, IBAT actively advocates on behalf of its member banks to the Texas and federal legislatures, regulatory bodies, and the general public. The association's primary mission is to present the perspectives and concerns of independent Texas bankers, thereby promoting and shielding the industry from potential threats.
IBAT's advocacy efforts are not limited to policy-making circles. The organization also engages with communities and the public at large to raise awareness about the importance of independent banking and its role in the overall economic well-being of Texas. To this end, IBAT organizes an annual convention and conference for its members, where they can learn about the latest economic, regulatory, and marketing issues affecting the banking sector. This event provides a valuable platform for members to connect with one another, association staff, and various banking-related vendors. By fostering collaboration and knowledge sharing, IBAT helps its members stay informed and well-equipped to navigate the ever-changing banking landscape.
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Impact
October, 2024
The Independent Bankers Association of Texas (IBAT) plays a vital role in promoting and protecting the interests of independent banking in Texas. By sponsoring annual conventions and conferences, IBAT provides a platform for its members to stay informed on current economic, regulatory, and marketing issues affecting the banking industry. These events foster networking opportunities, allowing members to engage directly with one another, association staff, and various banking-affiliated vendors.
IBAT’s mission extends beyond member support; it actively presents the views of independent Texas bankers to state and federal legislatures, as well as regulatory authorities. This advocacy ensures that the unique perspectives and needs of independent banks are recognized and addressed in policy discussions. Through these efforts, IBAT contributes significantly to the stability and growth of the independent banking sector, supporting community improvement throughout Texas.
This information is meant to be a general summary of Independent Bankers Association Of Texas. 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 2023.
- Investment Income: $9,893
- Program Service Revenue: $3,160,730
- Gross Receipts: $4,986,377
Assets and Liabilities:
- Total Assets: $6,714,715
- Total Liabilities: $1,655,182
- Net Assets: $5,059,533
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DUES
Revenue
$1,978,280
CONVENTION
Revenue
$894,060
LEGISLATIVE FUND
Revenue
$141,035
LEADERSHIP DIVISION
Revenue
$129,365
ADVERTISING
Revenue
$11,610
Organization Details
Founding Year
1974
Principal Officer
Christopher Williston Vi
Website
www.ibat.orgNTEE Category
Code: S41 - Community improvement
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