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Filing year 2024

IOWA BANKERS BENEFIT PLAN

Johnston, Iowa·EIN 42-1122086·501(c)(9)
Total revenue
$165.1M
Total assets
$125.7M
Total expenses
$139.1M
Reported officers
9
Mission

THE IBBP TRUST WAS ESTABLISHED TO PROVIDE GROUP HEALTH INSURANCE, GROUP LIFE INSURANCE, AND LONG-TERM AND SHORT-TERM DISABILITY INSURANCE COVERAGE TO SUBSTANTIALLY ALL EMPLOYEES OF PARTICIPATING EMPLOYERS.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

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

Chief Admin Officer (ibis)
Key Employee
25th percentile to median
$69k
$74k

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 8 unpaid individuals.

Down 28%
from 2023

From $96k in 2023 to $69k in 2024.

$96k
2023
$69k
2024
In today's dollarsEst.
Down 30% in real terms$106k to $74k

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

Key Employee pay fell 28% from 2023 to 2024, while revenue fell 1%.

$96k in 2023 to $69k in 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

IOWA BANKERS BENEFIT PLAN reported revenue and expenses across 2 filing years.

RevenueExpenses
$166.6M
$148.2M
2023
$165.1M
$139.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about IOWA BANKERS BENEFIT PLAN

What does the Key Employee of IOWA BANKERS BENEFIT PLAN earn?

In 2024, the Key Employee of IOWA BANKERS BENEFIT PLAN received $68,945 in total compensation. This pay is below the median (the midpoint) for Key Employee roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Key Employee pay at IOWA BANKERS BENEFIT PLAN compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Key Employee at IOWA BANKERS BENEFIT PLAN falls between the 25th percentile and the median.

What are IOWA BANKERS BENEFIT PLAN's revenue and expenses?

In 2024, IOWA BANKERS BENEFIT PLAN reported $165.1M in total revenue and $139.1M in total expenses on its IRS Form 990.

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