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Independent Community Bankers Association Of New Mexico

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

EIN: 850329643 ✦ Farmington, NM ✦ Designated as a 501(c)(6)

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Overview

What is Independent Community Bankers Association Of New Mexico?

The Independent Community Bankers Association of New Mexico is a nonprofit organization situated in Farmington, New Mexico. Their primary mission revolves around fostering competition among the banking sector within the state. To achieve this goal, they conduct educational seminars and conferences. These events not only benefit the banking institutions but also contribute to enhancing overall public services. By engaging in these activities, the organization aims to improve the general public's access to banking services. The Independent Community Bankers Association of New Mexico, with a workforce of 4 individuals, plays a significant role in promoting a competitive and well-informed banking sector in New Mexico.


Official website here: www.icbanm.org

What do the Facebook reviews say about Independent Community Bankers Association Of New Mexico?

With 2 reviews currently available, the Independent Community Bankers Association of New Mexico is showing a positive outlook. One reviewer commended the organization as a great representative for community banks, both within New Mexico and on a national scale.

Although limited in number, the reviews highlight satisfaction with the association's role and efforts. This suggests that the organization is valued for its advocacy and support of local banking institutions.

Overall, the sentiment is favorable, indicating that the association is effectively serving its purpose in the community banking landscape.


This AI summary has been generated from reviews found on Facebook.

Is Independent Community Bankers Association Of New Mexico legitimate?

Independent Community Bankers Association Of New Mexico is a legitimate nonprofit organization registered as a 501(c)(6) entity. Independent Community Bankers Association Of New Mexico 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: $343,128

For more financial information, click here


Official website here: www.icbanm.org

What is the mission statement of Independent Community Bankers Association Of New Mexico?

The Independent Community Bankers Association of New Mexico's mission is centered around promoting competition among banks within New Mexico. In addition to this, the organization enhances services to the general public through educational seminars and conferences. By doing so, they aim to foster a competitive banking environment, ultimately benefiting the public with improved banking services.


Official website here: www.icbanm.org

Who is the CEO of Independent Community Bankers Association Of New Mexico?

Chris Moya is the President / of Independent Community Bankers Association Of New Mexico.


Official website here: www.icbanm.org

What is the revenue of Independent Community Bankers Association Of New Mexico?

Independent Community Bankers Association Of New Mexico's revenue in 2022 was $671,596.


Official website here: www.icbanm.org

Who are the executives of Independent Community Bankers Association Of New Mexico and what are their salaries?

The average compensation at Independent Community Bankers Association Of New Mexico during 2022 was $85,782. There are 4 employees at Independent Community Bankers Association Of New Mexico.


Here are 16 key members and their salaries:


Chris Moya (President /)
  • Compensation: $127,340
  • Related: $0
  • Other: $0
Bob Bidal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandy Darden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jed Fanning (Sec / Treasu)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Grassham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Marrs (Fed Delegate)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Mckelvey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Palmer (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angel Reyes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Shettlesworth (Past Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Stone (Chairman Ele)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharron Stuart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Weller (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yvette Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randi Ybara (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Demilliano (Fed Delegate)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.icbanm.org

Where can I find the form 990 for Independent Community Bankers Association Of New Mexico?

Independent Community Bankers Association Of New Mexico's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.icbanm.org

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

Mission Statement of Independent Community Bankers Association Of New Mexico

The Independent Community Bankers Association of New Mexico, in its mission, works to foster competition among banks within the state. Beyond promoting a competitive banking landscape, this organization also plays a significant role in enhancing services for the general public. They achieve this by organizing educational seminars and conferences, which serve to improve the overall banking sector and ultimately benefit the community at large. By doing so, the Independent Community Bankers Association of New Mexico contributes to a more informed and empowered public, thereby improving the banking experience for all New Mexicans.

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Impact




October, 2024

The Independent Community Bankers Association of New Mexico significantly impacts the financial landscape of the state by fostering competition among local banks. This heightened competition not only encourages financial institutions to enhance their services but also leads to better offerings for consumers, ultimately benefiting the economy of New Mexico. Through educational seminars and conferences, the organization equips both banks and the general public with essential knowledge, promoting transparency and informed decision-making in banking practices. By prioritizing community improvement, it plays a critical role in enhancing financial service delivery and encouraging responsible banking practices statewide.




This information is meant to be a general summary of Independent Community Bankers Association Of New Mexico. 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
$671,596 (2022)
Expenses
$655,878 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $24,509
  • Program Service Revenue: $377,525
  • Gross Receipts: $677,881

Assets and Liabilities:

  • Total Assets: $824,169
  • Total Liabilities: $232,282
  • Net Assets: $591,887

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Programs

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

CONFERENCE FEES

Revenue

$377,525

Organization Details

Founding Year

1985

Principal Officer

Chris Moya

Main Address

1501 SAN JUAN BLVD SUITE 201, FARMINGTON, NM, 87401

NTEE Category

Code: S41 - Community improvement

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