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Filing year 2024

Independent Community Bankers of Minnesota

Bloomington, Minnesota·EIN 41-6037469·6
Total revenue
$2.1M
Total assets
$2.4M
Total expenses
$2M
Reported officers
24
Mission

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 · Schedule J · 5 reported individuals · Filing year 2024

$361k
$386k
Base
$218k
Bonus
$98k
Other
Benefits
$19k
SVP Dir. of Member Engagement
senior vice president
$133k
$142k
VP Dir. of Marketing & Communications
vice president
$109k
$117k
VP Cbfs
vice president
$17k
$18k
Executive VP Cbfs
executive vice president
$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.

$260k
2023
$361k
2024
In today's dollarsEst.
Up 36% in real terms$284k to $386k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Independent Community Bankers of Minnesota reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.9M
$1.9M
2023
$2.1M
$2M
2024
Total revenue and total expenses from IRS Form 990 filings.
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