Pacific Bankers Management Institute

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

EIN: 916034921 ✦ Bellevue, WA ✦ Designated as a 501(c)(3)

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Overview

What is Pacific Bankers Management Institute?

Pacific Bankers Management Institute, located in Bellevue, Washington, is a notable entity within the financial services industry. It offers graduate-level education, serving as a platform for senior-level officers to expand their knowledge and skills. The institute facilitates virtual sessions and assigns research tasks between these sessions, with approximately 700 participants taking part in these activities. The institute boasts a modest workforce of 11 individuals, contributing to the development of the financial sector through its educational programs.


Official website here: www.thepbcs.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

The Pacific Bankers Management Institute has received a two-star rating from Charity Navigator, indicating a need for improvement in its operations and governance. With an overall score of 69%, the organization shows strength in areas such as having an independent board and a high program expense ratio, which suggests that a significant portion of its resources are directed towards its mission rather than administrative costs.

However, there are notable weaknesses that detract from its overall assessment. The organization lacks essential policies like a conflict of interest policy, a whistleblower policy, and a document retention policy, which are critical for ensuring transparency and accountability. This absence raises concerns about its governance practices and potentially affects stakeholder trust.

While the Pacific Bankers Management Institute demonstrates positive financial management, as evidenced by its liabilities to assets ratio, the missing governance policies indicate areas that need immediate attention. Addressing these shortcomings could enhance the organization's credibility and effectiveness in fulfilling its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Pacific Bankers Management Institute legitimate?

Pacific Bankers Management Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pacific Bankers Management Institute 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: $800,212
Professional Fundraising Fees: $0
Other Salaries and Wages: $367,394

For more financial information, click here


Official website here: www.thepbcs.org

What is the mission statement of Pacific Bankers Management Institute?

The Pacific Bankers Management Institute focuses on providing graduate-level education specifically tailored to the financial services industry. Their mission involves delivering high-quality educational programs to senior-level officers in the field, aiming to enhance their knowledge and skills. Recently, the institute facilitated virtual sessions and research assignments for over 700 participants, further emphasizing their commitment to continuing education.


Official website here: www.thepbcs.org

Who is the CEO of Pacific Bankers Management Institute?

Gretchen Claflin is the President & of Pacific Bankers Management Institute.


Official website here: www.thepbcs.org

What is the revenue of Pacific Bankers Management Institute?

Pacific Bankers Management Institute's revenue in 2022 was $4,407,132.


Official website here: www.thepbcs.org

Who are the executives of Pacific Bankers Management Institute and what are their salaries?

The average compensation at Pacific Bankers Management Institute during 2022 was $106,146. There are 11 employees at Pacific Bankers Management Institute.


Here are 36 key members and their salaries:


Gretchen Claflin (President &)
  • Compensation: $305,200
  • Related: $0
  • Other: $193,116
Michelle Barrett (Chief Operat)
  • Compensation: $211,631
  • Related: $0
  • Other: $62,415
Jenene Szuch (Vp Program)
  • Compensation: $156,032
  • Related: $0
  • Other: $71,356
Jane Reddie (Vp Registrar)
  • Compensation: $136,341
  • Related: $0
  • Other: $82,902
Elizabeth Cadwallader (Pcbs Board C)
  • Compensation: $2,800
  • Related: $0
  • Other: $0
Brent Beardall (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Brager (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin F Browning (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Cameron (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randall Chesler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joaquin Plb Cook (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Deuel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leah Dirks (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cory Gardiner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Garufis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Grescovich (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curtis Hansen (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Harrison (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cary Hegregerg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack E Heath Iii (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stan Ivie (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John V Evans Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Knell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Mason (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Navarro (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tory Nixon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy Ohlhaver (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerrod A Parchmon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Politakis (Pcbs Vice Ch)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Riley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Schierhorn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Gregory Seibly (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glen Simecek (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clint Stein (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Walsdorf (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Ward (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thepbcs.org

Where can I find the form 990 for Pacific Bankers Management Institute?

Pacific Bankers Management Institute's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thepbcs.org

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

Mission Statement of Pacific Bankers Management Institute

Pacific Bankers Management Institute, a prominent entity in the financial services industry, is dedicated to providing graduate-level education. Its mission is centered around this goal, focusing on equipping professionals in the sector with advanced knowledge and skills. The institution, through its comprehensive educational programs, aims to support the growth and development of senior-level officers in the financial services industry. During a period, 700 participants engaged in virtual sessions and completed research assignments between sessions, highlighting the Institute's commitment to delivering education that is both interactive and rigorous.

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Impact




July, 2024

Pacific Bankers Management Institute has had a significant impact on the financial services industry by providing graduate-level education through programs like the Pacific Coast Banking School. With 700 senior-level officers participating in virtual sessions and completing research assignments between sessions, the institute is contributing to the development of informed and skilled professionals in the field. By focusing on education tailored to the needs of the industry, the institute is helping to enhance leadership capabilities and drive innovation in financial services.




This information is meant to be a general summary of Pacific Bankers Management Institute. 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
$4,407,132 (2022)
Expenses
$4,599,612 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $29,262
  • Program Service Revenue: $4,377,870
  • Gross Receipts: $4,407,132

Assets and Liabilities:

  • Total Assets: $5,610,546
  • Total Liabilities: $1,677,650
  • Net Assets: $3,932,896

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Programs

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

TUITION

Revenue

$4,016,625

REGISTRATION FEES

Revenue

$245,000

WEB CLASSES & SEMINARS

Revenue

$77,570

OTHER FEES

Revenue

$38,675

Organization Details

Founding Year

1970

Principal Officer

Gretchen Claflin

Main Address

2223 112TH AVENUE NE 200, BELLEVUE, WA, 98004

NTEE Category

Code: B50 - Education

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