Idaho Bankers Association Inc

Organization Overview

Idaho Bankers Association Inc is located in Boise, ID. The organization was established in 1974. According to its NTEE Classification (I03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Crime & Legal-Related and related organizations. As of 06/2022, Idaho Bankers Association Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Idaho Bankers Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 06/2022, Idaho Bankers Association Inc generated $855.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $715.7k during the year ending 06/2022. While expenses have increased by 4.4% 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE THE BANKING INDUSTRY AND PROVIDE EDUCATIONAL OPPORTUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IDAHO BANKERS ASSOCIATION IS THE TRADE ASSOCIATION FOR IDAHO'S BANKING INDUSTRY. ESTABLISHED IN 1905, THE IBA SERVES ITS MEMBERS BY ENHANCING THEIR ABILITY TO BE THE PREEMINENT PROVIDER OF FINANCIAL SERVICES. IBA'S ACCOMPLISHMENTS INCLUDE PROMOTING A FAVORABLE IMAGE AND UNDERSTANDING OF THE BANKING INDUSTRY TO THE GENERAL PUBLIC, PROTECTING THE INDUSTRY AGAINST BURDENSOME OVERSIGHT, AND PROVIDING ASSISTANCE AND RESOURCES TO IMPROVE OPERATIONAL EFFICIENCIES.THE IBA STARTED THE EMERGING LEADERS PROGRAM IN JAN. 2022. THE PROGRAM MEETS QUARTERLY AND GRADUATED 21 STUDENTS IN DEC. 2022.


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Board, Officers & Key Employees

Name (title)Compensation
Trenton Wright
President And CEO
$162,000
Bruce Lowry
Chair
$0
Dale Austin
Vice Chair
$0
Dan Price
Treasurer
$0
Lori Dizes
Immediate Past Chair
$0
John V Jv Evans III
Director
$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$852,423
Investment income $2,889
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 $855,312

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