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American Bankers Association Community Engagement Foundation

Aba Community Engagement Foundation

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

EIN: 830397856 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is American Bankers Association Community Engagement Foundation?

The American Bankers Association Community Engagement Foundation, based in Washington D.C., is a 501(c)3 nonprofit organization dedicated to improving communities by empowering banks and bankers. Through leadership, partnerships, and national programs, the foundation supports financial education for individuals of all ages, addresses affordable housing and community development issues, and works towards achieving corporate social responsibility objectives to enhance the well-being of their customers and communities. One of their notable programs is Safe Banking for Seniors (SBFS), which equips bankers with tools and resources to combat elder financial abuse and exploitation. The foundation's mission is to make communities better, and it achieves this by fostering strong partnerships and implementing impactful initiatives.


Official website here: www.aba.com/about-us/aba-foundation

Is American Bankers Association Community Engagement Foundation legitimate?

American Bankers Association Community Engagement Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Bankers Association Community Engagement Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $289,468

For more financial information, click here


Official website here: www.aba.com/about-us/aba-foundation

What is the mission statement of American Bankers Association Community Engagement Foundation?

The American Bankers Association Community Engagement Foundation, a 501(c)3 corporation, works towards enhancing communities by empowering banks and bankers. They accomplish this through leadership, partnerships, and national programs. The foundation plays a crucial role in providing financial education to individuals of all ages, addressing affordable housing and community development issues, and promoting corporate social responsibility. By doing so, they aim to improve the well-being of their customers and the communities they serve.


Official website here: www.aba.com/about-us/aba-foundation

Who is the CEO of American Bankers Association Community Engagement Foundation?

Peter Cook is the Chief Communications Officer of American Bankers Association Community Engagement Foundation.


Official website here: www.aba.com/about-us/aba-foundation

What is the revenue of American Bankers Association Community Engagement Foundation?

American Bankers Association Community Engagement Foundation's revenue in 2022 was $526,413.


Official website here: www.aba.com/about-us/aba-foundation

Who are the executives of American Bankers Association Community Engagement Foundation and what are their salaries?

There 1500 volunteers at American Bankers Association Community Engagement Foundation.


Here are 23 key members and their salaries:


Janet Garufis (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darlene Goins (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candice Cambridge (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael E Grove (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Hanrahan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtney Hodapp (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacqueline J Howard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angie Garcia-Lathrop (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Luria (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evelyn F Smalls (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles E Snyder (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Thornhill (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louise Walker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Dueser (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erica Opstad (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen M Murphy (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Cook (Chief Communications Officer)
  • Compensation: $0
  • Related: $535,759
  • Other: $90,952
Barry Epstein (Treasurer/Senior Vice President)
  • Compensation: $0
  • Related: $233,172
  • Other: $28,253
Jill Goldman (Secretary/Vp And Senior Co)
  • Compensation: $0
  • Related: $219,950
  • Other: $9,302
Karin Petersen Flynn (Chief Financial Officer)
  • Compensation: $0
  • Related: $494,352
  • Other: $88,867
Corey Carlisle (Senior Vice President)
  • Compensation: $0
  • Related: $253,061
  • Other: $39,549
Sam Kunjakunja (Vp Consumer Education)
  • Compensation: $0
  • Related: $124,636
  • Other: $16,052
Robert Schmermund (Former Executive Vice President)
  • Compensation: $0
  • Related: $335,640
  • Other: $46,282


Official website here: www.aba.com/about-us/aba-foundation

Where can I find the form 990 for American Bankers Association Community Engagement Foundation?

American Bankers Association Community Engagement Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.aba.com/about-us/aba-foundation

Learn more at the official website: www.aba.com/about-us/aba-foundation

Mission Statement of American Bankers Association Community Engagement Foundation

The American Bankers Association Community Engagement Foundation is a 501(c)3 corporation committed to enhancing the communities served by banks and bankers. Through its leadership, partnerships, and national programs, the Foundation empowers bankers to contribute positively to their communities. The organization's mission is centered around providing financial education to individuals of all ages, advocating for affordable housing and community development, and working towards corporate social responsibility objectives. By doing so, the Foundation aims to improve the well-being of their customers and the communities they operate in. The American Bankers Association Community Engagement Foundation encourages banks and bankers to engage in activities that promote community improvement, fostering a more inclusive and prosperous society.

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Impact




October, 2024

The American Bankers Association Community Engagement Foundation enhances community well-being by empowering banks and bankers to implement impactful initiatives. Through leadership, partnerships, and national programs, it fosters financial education across all ages and addresses critical issues like affordable housing and community development.

One of its key programs, Safe Banking for Seniors, equips bankers with essential tools and resources to help older adults, their families, and caregivers combat financial abuse and exploitation. This initiative not only protects vulnerable populations but also raises awareness about elder financial abuse, reinforcing the banking sector's role in safeguarding community members.

By supporting corporate social responsibility objectives, the Foundation drives sustainable improvements in communities, helping financial institutions contribute meaningfully to the social fabric around them. Through these efforts, it cultivates a stronger, more informed, and resilient community.




This information is meant to be a general summary of American Bankers Association Community Engagement Foundation. 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
$526,413 (2022)
Expenses
$702,589 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $308,028
  • Program Service Revenue: $208,335
  • Gross Receipts: $798,792

Assets and Liabilities:

  • Total Assets: $8,097,613
  • Total Liabilities: $112,516
  • Net Assets: $7,985,097

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Programs

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

SAFE BANKING FOR SENIORS

Revenue

$179,168

OTHER PROGRAM SERVICE REVENUE

Revenue

$25,000

TEACH CHILDREN TO SAVE

Revenue

$4,167

Organization Details

Founding Year

2004

Principal Officer

Peter Cook

Main Address

1333 NEW HAMPSHIRE AVENUE NW, WASHINGTON, DC, 20036

NTEE Category

Code: S194 - Community improvement

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