Independent Community Bankers Of Colo
- Assets
- $1.1m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 3
- Location
- Littleton, CO
- Founding
- 03/1976
- Data as of
- 12/2023
- EIN
- 84-0647721
Organization Overview
Independent Community Bankers Of Colo is located in Littleton, CO. The organization was established in 1976. According to its NTEE Classification (W60) the organization is classified as: Financial Institutions, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, Independent Community Bankers Of Colo employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Independent Community Bankers Of Colo 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 12/2023, Independent Community Bankers Of Colo generated $1.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 4.7% per year over the past 9 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III
Describe the Organization's Program Activity:
Part 3 - Line 4a
VARIOUS SERVICES TO MAINTAIN AND PROMOTE INDEPENDENT BANKING PRACTICES AS DESIGNATED IN THE ORGANIZATION'S ARTICLES OF INCORPORATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Walker Director | Trustee | 1 | $0 |
Travis Goeglein Director | Trustee | 1 | $0 |
Jay Rickstrew Director | Trustee | 1 | $0 |
Dan Ebert Director | Trustee | 1 | $0 |
Tim Croissant Director | Trustee | 1 | $0 |
Robert Holt Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $647,682 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $162,400 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $810,082 |
| Total Program Service Revenue | $232,666 |
| Investment income | $23,332 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $35,681 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,200 |
| Net Income from Fundraising Events | $13,634 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,114,195 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $13,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $333,436 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $25,060 |
| Pension plan accruals and contributions | $27,326 |
| Other employee benefits | $30,203 |
| Payroll taxes | $26,543 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,452 |
| Fees for services: Accounting | $3,500 |
| Fees for services: Lobbying | $101,268 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $50 |
| Fees for services: Other | $0 |
| Advertising and promotion | $62,091 |
| Office expenses | $9,677 |
| Information technology | $8,350 |
| Royalties | $0 |
| Occupancy | $216 |
| Travel | $13,334 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $273,514 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,128 |
| Insurance | $8,734 |
| All other expenses | $22,640 |
| Total functional expenses | $1,066,411 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,040,804 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,193 |
| Investments—publicly traded securities | $37,472 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,081,469 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,081,469 |
| Total liabilities and net assets/fund balances | $1,081,469 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Graduate School Of Banking At Colorado Westminster, CO | $3,256,811 | $3,382,549 |
Partners People In Progress Inc Overland Park, KS | $3,414,514 | $3,839,041 |
Utah Microenterprise Loan Fund Salt Lake City, UT | $3,991,904 | $547,707 |
Independent Community Bankers Of Colo Littleton, CO | $1,081,469 | $1,114,195 |
Third Party Payment Processors Association Llc Phoenix, AZ | $82,865 | $659,202 |
Nellie Van Schaick 0499039180 Tucson, AZ | $2,833,521 | $127,445 |
Hopi Credit Association Keams Canyon, AZ | $3,152,113 | $382,832 |
Centennial Lending A Hand Foundation Firestone, CO | $866,342 | $955,169 |
Oklahoma Bankers Foundation Oklahoma City, OK | $46,055 | $0 |