To provide members with the resources and advocacy they need to remain independent, effectively compete in the financial industry, grow their banks, and positively impact the economy in their local communities.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $218k
- Bonus
- $98k
- Other
- —
- Benefits
- $19k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President/ceo Above 90th percentile | $218k | $98k | — | $19k | $361k $386k |
SVP Dir. of Member Engagement Senior Vice President 25th percentile to median | — | — | — | — | $133k $142k |
VP Dir. of Marketing & Communications Board Vice President 25th percentile to median | — | — | — | — | $109k $117k |
VP Cbfs Board Vice President 25th percentile to median | — | — | — | — | $17k $18k |
Executive VP Cbfs Executive Vice President Below 10th percentile | — | — | — | — | $7k $7k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 19 unpaid individuals.
Up 39%
from 2023
From $260k in 2023 to $361k in 2024.
Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 39% from 2023 to 2024, while revenue rose 11%.
- Board Vice President pay fell 8% from 2023 to 2024.
- Executive Vice President pay rose 16% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
Independent Community Bankers of Minnesota reported revenue and expenses across 2 filing years.
Common questions about Independent Community Bankers of Minnesota
What does the Chief Executive Officer of Independent Community Bankers of Minnesota earn?
In 2024, the Chief Executive Officer of Independent Community Bankers of Minnesota received $361,376 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at Independent Community Bankers of Minnesota compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at Independent Community Bankers of Minnesota falls in the top 10%.
What are Independent Community Bankers of Minnesota's revenue and expenses?
In 2024, Independent Community Bankers of Minnesota reported $2.1M in total revenue and $2M in total expenses on its IRS Form 990.
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