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Filing year 2024

IBAC Corporation

Elkmont, Alabama·EIN 84-3874964·501(c)(3)
Total revenue
$469k
Total assets
$343k
Total expenses
$446k
Reported officers
4
Mission

Providing religious and theological training to leaders and pastors

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Vice President
Board Vice President
25th percentile to median
$66k
$70k
Treasurer
Highest Compensated Employee
Below 10th percentile
$9k
$9k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Financial trend

Revenue and expenses over time

IBAC Corporation reported revenue and expenses across 2 filing years.

RevenueExpenses
$363k
$300k
2023
$469k
$446k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about IBAC Corporation

What does the Board Vice President of IBAC Corporation earn?

In 2024, the Board Vice President of IBAC Corporation received $66,300 in total compensation. This pay is below the median (the midpoint) for Board Vice President roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Vice President pay at IBAC Corporation compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Board Vice President at IBAC Corporation falls between the 25th percentile and the median.

What are IBAC Corporation's revenue and expenses?

In 2024, IBAC Corporation reported $469k in total revenue and $446k in total expenses on its IRS Form 990.

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