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Filing year 2024

INDIANA BANKERS ASSOCIATION INC

Indianapolis, Indiana·EIN 35-0407470·501(c)(6)
Total revenue
$2.2M
Total assets
$7M
Total expenses
$1.8M
Reported officers
21
Mission

TO PROVIDE ADVOCACY, QUALITY EDUCATION, AND KNOWLEDGE-SHARING TO INDIANA'S BANKING INDUSTRY.

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.

CEO
Above 90th percentile
$509k
$548k
Base
$365k
Bonus
$86k
Other
$11k
Benefits
$27k
COO
75th to 90th percentile
$224k
$241k
Base
$161k
Bonus
$22k
Other
$13k
Benefits
$17k
Chief Policy Officer
Highest Compensated Employee
Median to 75th percentile
$214k
$230k
Base
$152k
Bonus
$22k
Other
—
Benefits
$29k
Vp- Education & Training
Highest Compensated Employee
25th percentile to median
$165k
$177k
Base
$124k
Bonus
$10k
Other
—
Benefits
$21k
Vp- Meetings & Events
Highest Compensated Employee
25th percentile to median
$161k
$174k
Base
$123k
Bonus
$10k
Other
—
Benefits
$21k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 16 unpaid individuals.

Up 12%
from 2023

From $454k in 2023 to $509k in 2024.

$454k
2023
$509k
2024
In today's dollarsEst.
Up 9% in real terms$502k to $548k

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

Pay for the position

Chief Executive Officer pay rose 12% from 2023 to 2024, while revenue rose 11%.

$454k in 2023 to $509k in 2024.
  • Chief Operating Officer pay rose 5% from 2023 to 2024.
  • Highest Compensated Employee pay rose 4% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Revenue and expenses over time

INDIANA BANKERS ASSOCIATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$2M
$1.8M
2023
$2.2M
$1.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about INDIANA BANKERS ASSOCIATION INC

What does the Chief Executive Officer of INDIANA BANKERS ASSOCIATION INC earn?

In 2024, the Chief Executive Officer of INDIANA BANKERS ASSOCIATION INC received $508,992 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 INDIANA BANKERS ASSOCIATION INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at INDIANA BANKERS ASSOCIATION INC falls in the top 10%.

What are INDIANA BANKERS ASSOCIATION INC's revenue and expenses?

In 2024, INDIANA BANKERS ASSOCIATION INC reported $2.2M in total revenue and $1.8M in total expenses on its IRS Form 990.

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