Illinois Bankers Education Services Inc

Organization Overview

Illinois Bankers Education Services Inc is located in Springfield, IL. The organization was established in 1999. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 12/2021, Illinois Bankers Education Services Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Bankers Education Services Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Illinois Bankers Education Services Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 0.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION ORGANIZED TO SPONSOR EDUCATION PROGRAMS THAT WILL IMPROVE THE SKILLS OF EMPLOYEES OF COMMERCIAL BANKS, SAVINGS & LOANS, OTHER FINANCIAL INSTITUTIONS, AND INTERESTED PARTIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

VARIOUS OTHER CONFERENCES AND SMALL PROGRAMS


SELF-STUDY, ONLINE CLASSES AND SCHOOLS ON A VARIETY OF TOPICS ARE OFFERED TO ILLINOIS FINANCIAL INSTITUTIONS ON AN ONGOING BASIS. THERE ARE VIRTUALLY HUNDREDS OF COURSE COMBINATIONS THROUGH THESE DELIVERY METHODS OFFERED TO THE INDUSTRY.


FULL AND A HALF DAY SEMINARS HELD THROUGHOUT THE STATE FOR ALL LEVELS OF BANK EMPLOYEES AND BANK DIRECTORS. DURING THE YEAR, THERE WERE 22 TOPICS OFFERED IN VARYING LOCATIONS OVER 43 TIMES TO NEARLY 500 ILLINOIS BANKS AND SAVINGS INSTITUTIONS.


VARIOUS OTHER CONFERENCES AND SMALL PROGRAMS


SELF-STUDY, ONLINE CLASSES AND SCHOOLS ON A VARIETY OF TOPICS ARE OFFERED TO ILLINOIS FINANCIAL INSTITUTIONS ON AN ONGOING BASIS. THERE ARE VIRTUALLY HUNDREDS OF COURSE COMBINATIONS THROUGH THESE DELIVERY METHODS OFFERED TO THE INDUSTRY.


FULL AND A HALF DAY SEMINARS HELD THROUGHOUT THE STATE FOR ALL LEVELS OF BANK EMPLOYEES AND BANK DIRECTORS. DURING THE YEAR, THERE WERE 22 TOPICS OFFERED IN VARYING LOCATIONS OVER 43 TIMES TO NEARLY 500 ILLINOIS BANKS AND SAVINGS INSTITUTIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Eva Galassini
Chairman
$0
Robert J Stroh III
Vice Chairman
$0
Callan Stapleton
Secretary-Treas
$0
Lora Kalka
Board Member
$0
Denise Ward
Board Member
$0
Lenore Erickson
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$1,320,311
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,334,451

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Illinois Bankers Education Services Inc has recieved totaling $94.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$94
View Grant Recipient Profile

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