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Filing year 2024

IOWA INDEPENDENT BANKERS

Des Moines, Iowa·EIN 42-0999525·6
Total revenue
$702k
Total assets
$1M
Total expenses
$755k
Reported officers
23
Mission

TO PROMOTE PUBLIC ENDORSEMENT OF INDEPENDENT BANKING AND TO SUPPORT AND SECURE AN ENVIROMENT THAT IS FAVORABLE TO INDEPENDENT OWNERSHIP AND LOCAL CONTROL OF IOWA BANKS THROUGH: EFFECTIVELY PROMOTING AND PROTECTING THE INTEREST OF MEMBER BANKS; PROVIDING HIGH QUALITY SERVICE AND PROJECTS TO ENHANCE MEMBER PROFITS; EFFECTIVE LOBBYING FOR FAVORABLE LEGISLATIVE AND REGULATORY ENVIROMENTS; EDUCATING THE PUBLIC ABOUT THE IMPORTANCE OF INDEPENDENT BANKING TO THE SOCIAL AND ECONOMIC WELL-BEING OF THE STATE AND ITS RESIDENTS.

Executive compensation, broken down

Form 990 · Schedule J · 2 reported individuals · Filing year 2024

Former Ceo/cfo/board Secretary
officer (unspecified)
$161k
$174k
Base
$59k
Bonus
Other
$95k
Benefits
$2k
Ceo/cfo/board Secretary
officer (unspecified)
$156k
$168k
Base
$142k
Bonus
Other
Benefits
$10k

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 21 unpaid individuals.

Down 24%
from 2023

From $213k in 2023 to $161k in 2024.

$213k
2023
$161k
2024
In today's dollarsEst.
Down 26% in real terms$236k to $174k

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.

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

Revenue and expenses over time

IOWA INDEPENDENT BANKERS reported revenue and expenses across 2 filing years.

RevenueExpenses
$730k
$742k
2023
$702k
$755k
2024
Total revenue and total expenses from IRS Form 990 filings.
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