Colorado Bankers Association

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

EIN: 840719650 ✦ Denver, CO ✦ Designated as a 501(c)(6)

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Overview

What is Colorado Bankers Association?

The Colorado Bankers Association, established in 1892, is a nonprofit organization located at 140 EAST 19TH AVENUE, DENVER, CO, 80203. Their primary mission is to foster a thriving banking industry in Colorado by analyzing and monitoring legislative issues and government regulations related to banking. They actively lobby for legislation to alleviate regulatory burdens and enhance the banking environment. As part of their community relations work, they strive to improve the competitiveness and profitability of Colorado banking institutions. With a workforce of six individuals, the Colorado Bankers Association has been dedicated to the betterment of the banking sector in Colorado for over a century.


Official website here: www.coloradobankers.org

Is Colorado Bankers Association legitimate?

Colorado Bankers Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Colorado 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,209,872

For more financial information, click here


Official website here: www.coloradobankers.org

What is the mission statement of Colorado Bankers Association?

The Colorado Bankers Association, established in 1892, has been consistently working towards enhancing the quality of the Colorado banking industry. Their mission is centered around improving the banking sector's competitiveness and profitability. The association focuses on analyzing and monitoring legislative issues and government regulations related to banking. Additionally, they actively lobby for legislation to alleviate regulatory burdens and foster a conducive banking environment.


Official website here: www.coloradobankers.org

Who is the CEO of Colorado Bankers Association?

Jenifer Waller is the Past-Chairman of Colorado Bankers Association. The CEO's salary of Colorado Bankers Association is $339,325 and their total compensation is $361,913.


Official website here: www.coloradobankers.org

What is the revenue of Colorado Bankers Association?

Colorado Bankers Association's revenue in 2023 was $2,167,638.


Official website here: www.coloradobankers.org

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

The average compensation at Colorado Bankers Association during 2023 was $201,645. There are 6 employees at Colorado Bankers Association.


Here are 28 key members and their salaries (Colorado Bankers Association's CEO's salary is $339,325 and their total compensation is $361,913):


Mark Hall (Past-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Osthoff (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Erickson (Chairman Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheryl Bollinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Art Chase (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Daigle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Wyss (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Katz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Knight (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Lobis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Luce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Naughton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Wamsganz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Wylie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ty Aslin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Lucia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Berkhausen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Faillaci (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Francis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kashif Pathan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Propst (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Algrim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brendan Zahl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Comstock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kent Curtis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenifer Waller (President & Ceo)
  • Compensation: $339,325
  • Related: $0
  • Other: $22,588


Official website here: www.coloradobankers.org

Where can I find the form 990 for Colorado Bankers Association?

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


Official website here: www.coloradobankers.org

Learn more at the official website: www.coloradobankers.org

Mission Statement of Colorado Bankers Association

The Colorado Bankers Association, established in 1892, has been devoted to enhancing the quality of the banking industry in Colorado. Over the years, its primary objective has been to empower Colorado banking institutions to compete effectively and profitably in the market. To achieve this, the organization has been actively engaged in analyzing and monitoring legislative issues and government regulations related to banking. Additionally, it has lobbied for legislation aimed at easing regulatory burdens and improving the overall banking environment. By doing so, the Colorado Bankers Association has been instrumental in supporting the growth and success of the banking sector in Colorado.

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Impact




October, 2024

The Colorado Bankers Association (CBA) significantly influences the banking landscape in Colorado by advocating for favorable legislation and regulations. By analyzing and monitoring legislative issues and government regulations that affect banking institutions, CBA ensures that the interests of its members are effectively represented. Their lobbying efforts focus on easing regulatory burdens, which helps create a more conducive banking environment, enabling banks to operate efficiently and profitably.

Since its inception in 1892, CBA has remained committed to enhancing the quality of the Colorado banking industry. This dedication not only supports the growth and stability of financial institutions across the state but also promotes community improvement by fostering an environment where banks can thrive. The association’s work ultimately contributes to a robust banking system that supports economic development and strengthens financial services for consumers and businesses alike in Colorado.




This information is meant to be a general summary of Colorado 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
$2,167,638 (2023)
Expenses
$2,030,787 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $13,208
  • Program Service Revenue: $1,974,419
  • Gross Receipts: $2,167,638

Assets and Liabilities:

  • Total Assets: $2,229,647
  • Total Liabilities: $371,084
  • Net Assets: $1,858,563

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Programs

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

MEMBERSHIP DUES

Revenue

$1,782,444

WOMEN IN BANKING CONFE

Revenue

$99,630

BANKING CONFERENCE

Revenue

$38,760

MEMBER EDUCATION

Revenue

$38,700

OTHER CONFERENCES

Revenue

$13,350

Organization Details

Founding Year

1892

Principal Officer

Jenifer Waller

Main Address

140 EAST 19TH AVENUE, DENVER, CO, 80203

NTEE Category

Code: S41 - Community improvement

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