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:
- Compensation: $305,200
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- Other: $193,116
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- Compensation: $136,341
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- Other: $82,902
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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.
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
Phone
(425) 278-0250Principal Officer
Gretchen Claflin
Main Address
2223 112TH AVENUE NE 200, BELLEVUE, WA, 98004
Website
www.thepbcs.orgNTEE Category
Code: B50 - Education
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