Overview
What is Independent Community Bankers Of Colo?
Independent Community Bankers of Colo, based in Littleton, Colorado, is a nonprofit organization dedicated to supporting and upholding the practices of independent banks within the state. Their mission is to foster the growth and profitability of these banks, advocate for shared legislative and regulatory concerns, and facilitate a platform for the exchange of ideas, relationships, and collective objectives. The organization, with a small team of three employees, works to elevate the standing of independent community banks and contribute positively to the communities they serve across Colorado.
Official website here: www.icbcolo.org
What do the Facebook reviews say about Independent Community Bankers Of Colo?
All ten reviewers on Facebook wholeheartedly endorse the Independent Community Bankers of Colorado. The overwhelming sentiment reflects strong support for the organization's role as an advocate for both consumers and community banks in Colorado.
Reviewers appreciate the dedication and commitment demonstrated by the nonprofit towards fostering a healthy banking environment that benefits the local community. Many comments highlight its effectiveness in representing the interests of smaller banks and consumers alike.
Overall, it's clear that the Independent Community Bankers of Colorado delivers on its promises, garnering positive recognition from its supporters for being a vital resource and advocate within the industry.
This AI summary has been generated from reviews found on Facebook.
Is Independent Community Bankers Of Colo legitimate?
Independent Community Bankers Of Colo is a legitimate nonprofit organization registered as a 501(c)(6) entity. Independent Community Bankers Of Colo 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: $324,007
Professional Fundraising Fees: $0
Other Salaries and Wages: $65,563
For more financial information, click here
Official website here: www.icbcolo.org
What is the mission statement of Independent Community Bankers Of Colo?
The Independent Community Bankers of Colo's mission is centered around strengthening and promoting independent community banks. They aim to advocate for common legislative and regulatory concerns, fostering a platform for the exchange of ideas, relationships, and shared objectives. Their primary goal is to serve and contribute to the growth of communities throughout Colorado. Their activities encompass various services that uphold and endorse independent banking practices as outlined in their organization's articles of incorporation.
Official website here: www.icbcolo.org
Who is the CEO of Independent Community Bankers Of Colo?
Michael Van Norstrand is the Director of Independent Community Bankers Of Colo.
Official website here: www.icbcolo.org
What is the revenue of Independent Community Bankers Of Colo?
Independent Community Bankers Of Colo's revenue in 2022 was $1,076,816.
Official website here: www.icbcolo.org
Who are the executives of Independent Community Bankers Of Colo and what are their salaries?
The average compensation at Independent Community Bankers Of Colo during 2022 was $129,857. There are 3 employees at Independent Community Bankers Of Colo.
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Official website here: www.icbcolo.org
Where can I find the form 990 for Independent Community Bankers Of Colo?
Independent Community Bankers Of Colo's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.icbcolo.org
Learn more at the official website: www.icbcolo.org
Mission Statement of Independent Community Bankers Of Colo
The Independent Community Bankers of Colo, as an organization, is committed to enhancing and promoting the strength and profitability of independent community banks. Their mission extends beyond this, aiming to advance common legislative and regulatory concerns. They provide a platform that fosters communication and relationships among individuals sharing similar objectives. This nonprofit association's ultimate goal is to serve and promote communities throughout Colorado. By offering various services to maintain and promote independent banking practices, as outlined in their Articles of Incorporation, they contribute significantly to the financial landscape of their designated area.
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Impact
October, 2024
Independent Community Bankers of Colorado plays a vital role in enhancing the strength and profitability of independent community banks throughout the state. It provides various services that help these banks maintain and promote their unique banking practices, ensuring they remain competitive and relevant in an evolving financial landscape.
The organization addresses common legislative and regulatory challenges faced by its member banks, advocating for their interests to create a favorable operating environment. By fostering a collaborative forum, it enables member institutions to share ideas, build relationships, and communicate around shared objectives, thereby strengthening the community banking sector as a whole.
Furthermore, Independent Community Bankers of Colorado is committed to serving and promoting local communities, contributing to economic development and stability across the state. This includes facilitating discussions on community improvement efforts, enhancing the role of banks in local economies, and ensuring that the voices of independent banks are heard in broader financial conversations. In doing so, it not only supports its member banks but also positively impacts the communities they serve, promoting a sustainable and thriving banking ecosystem in Colorado.
This information is meant to be a general summary of Independent Community Bankers Of Colo. 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: $8,293
- Program Service Revenue: $250,820
- Gross Receipts: $1,094,389
Assets and Liabilities:
- Total Assets: $1,033,685
- Total Liabilities: $0
- Net Assets: $1,033,685
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Education Programs
Revenue
$142,827
Convention & Exhibits
Revenue
$107,993
Organization Details
Founding Year
1973
Phone
(303) 832-2000Principal Officer
Michael Van Norstrand
Main Address
6732 W Coal Mine Ave PMB 640, Littleton, CO, 80123
Website
www.icbcolo.orgNTEE Category
Code: S41 - Community improvement
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