Overview
What is Utah Bankers Association?
The Utah Bankers Association is a financial services trade association, headquartered in Salt Lake City, Utah. Comprising regional, community, and industrial banks, their mission is to foster a positive image and understanding of the banking industry while maintaining public confidence in Utah's financial services sector. During the 2022/2023 legislative session, they successfully protected banks from transportation network company risks and monitored various pieces of legislation. They also strengthened their online presence by providing resources related to the pandemic on their website, Utah.Bank. In addition, the association organized and executed over ten annual conferences and events, published four issues of the Utah Banker Magazine, and designed and implemented a stand-alone platform for public use. With a workforce of four employees, they remain dedicated to promoting the banking industry and guarding against unfair legislation.
Official website here: www.uba.org
Is Utah Bankers Association legitimate?
Utah Bankers Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Utah 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: $474,654
Professional Fundraising Fees: $0
Other Salaries and Wages: $341,993
For more financial information, click here
Official website here: www.uba.org
What is the mission statement of Utah Bankers Association?
The Utah Bankers Association serves as a financial services trade association, encompassing regional, community, and industrial banks. Its primary mission is to foster a positive image and comprehension of the banking sector, while maintaining public confidence in the robustness and reliability of Utah's financial services industry. Additionally, the organization works to safeguard the industry against legislation that could potentially result in unfair disadvantages.
Official website here: www.uba.org
Who is the CEO of Utah Bankers Association?
Howard Headlee is the President of Utah Bankers Association.
Official website here: www.uba.org
What is the revenue of Utah Bankers Association?
Utah Bankers Association's revenue in 2023 was $1,555,685.
Official website here: www.uba.org
Who are the executives of Utah Bankers Association and what are their salaries?
The average compensation at Utah Bankers Association during 2023 was $204,162. There are 4 employees and 185 volunteers at Utah Bankers Association.
Here are 26 key members and their salaries:
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Official website here: www.uba.org
Where can I find the form 990 for Utah Bankers Association?
Utah Bankers Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.uba.org
Learn more at the official website: www.uba.org
Mission Statement of Utah Bankers Association
Utah Bankers Association, a financial services trade association, is dedicated to fostering a positive image and understanding of the banking industry. Their primary goal is to safeguard and strengthen the industry's reputation, ensuring public confidence in its reliability and security. The association actively works to protect the banking sector from legislation that could potentially impose undue disadvantages. By doing so, Utah Bankers Association plays a vital role in maintaining a robust and thriving financial services industry within the state.
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Impact
October, 2024
The Utah Bankers Association significantly impacts the state's financial landscape by enhancing the public's understanding of the banking industry and reinforcing confidence in its stability. By representing regional, community, and industrial banks, the association works diligently to promote a favorable image of the banking sector, which is vital for maintaining public trust.
In the realm of government relations, the Utah Bankers Association has achieved significant legislative successes, including becoming the first state to protect banks from risks associated with transportation network companies. Monitoring over five key pieces of legislation, the association actively safeguards the interests of its members against regulations that could impose undue burdens.
Furthermore, the association fosters communication and resource sharing through platforms like the Utah Bank website, especially relevant during the pandemic. It organizes more than ten annual conferences and events, providing essential networking and educational opportunities for industry professionals. The publication of the Utah Banker magazine serves as a valuable resource for insights and updates within the banking sector.
Overall, the Utah Bankers Association plays a crucial role in advocating for the banking industry, ensuring its resilience and commitment to community improvement in Utah’s financial services landscape.
This information is meant to be a general summary of Utah 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $4
- Program Service Revenue: $301,648
- Gross Receipts: $1,555,685
Assets and Liabilities:
- Total Assets: $1,475,072
- Total Liabilities: $217,327
- Net Assets: $1,257,745
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONVENTION/SEMINARS
Revenue
$36,615
EDUCATION
Revenue
$265,033
Organization Details
Founding Year
1908
Phone
(801) 364-4303Principal Officer
Howard Headlee
Main Address
175 S MAIN ST, SALT LAKE CITY, UT, 84111
Website
www.uba.orgNTEE Category
Code: S41 - Community improvement
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