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Filing year 2023

KENTUCKY BANKERS ASSOCIATION

Louisville, Kentucky·EIN 61-0244750·501(c)(6)
Total revenue
$5.5M
Total assets
$7.9M
Total expenses
$5.2M
Reported officers
31
Mission

TO PROVIDE EFFECTIVE ADVOCACY FOR THE FINANCIAL SERVICES INDUSTRY BOTH IN KENTUCKY AND ON A NATIONAL LEVEL; TO SERVE AS A RELIABLE AND RESPONSIVE SOURCE OF INFORMATION AND EDUCATION ABOUT AREAS OF INTEREST TO THE INDUSTRY; AND TO PROVIDE A CATALYST AND FORUM FOR COLLECTIVE INDUSTRY ACTION.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023

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

President & CEO
Above 90th percentile
$1.9M
$2M
Base
$496k
Bonus
$302k
Other
$30k
Benefits
$913k
Chief Financial Officer
Above 90th percentile
$419k
$457k
Base
$257k
Bonus
$77k
Other
$6k
Benefits
$30k
Former Exec Vice President
Vice President
Above 90th percentile
$341k
$373k
Base
$211k
Bonus
$75k
Other
$8k
Benefits
$7k
General Counsel
Key Employee
Median to 75th percentile
$252k
$276k
Base
$175k
Bonus
$27k
Other
$535
Benefits
$19k
Government Affairs
Highest Compensated Employee
Median to 75th percentile
$185k
$203k
Base
$145k
Bonus
$2k
Other
$6k
Benefits
$10k
Director of Membership
Highest Compensated Employee
25th percentile to median
$160k
$175k
Base
$113k
Bonus
$12k
Other
$4k
Benefits
$12k
Accounting Manager
Median to 75th percentile
$147k
$161k
Sponsorship Solutions
Highest Compensated Employee
10th to 25th percentile
$127k
$139k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 23 unpaid individuals.

Up 55%
from 2022

From $1.2M in 2022 to $1.9M in 2023.

$1.2M
2022
$1.9M
2023
In today's dollarsEst.
Up 49% in real terms$1.4M to $2M

Estimated with BLS CPI-U for the South 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 55% from 2022 to 2023, while revenue rose 8%.

$1.2M in 2022 to $1.9M in 2023.
  • Chief Financial Officer pay rose 6% from 2022 to 2023.
  • Highest Compensated Employee pay fell 12% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Revenue and expenses over time

KENTUCKY BANKERS ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$5.1M
$5.1M
2022
$5.5M
$5.2M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about KENTUCKY BANKERS ASSOCIATION

What does the Chief Executive Officer of KENTUCKY BANKERS ASSOCIATION earn?

In 2023, the Chief Executive Officer of KENTUCKY BANKERS ASSOCIATION received $1,860,508 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 KENTUCKY BANKERS ASSOCIATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at KENTUCKY BANKERS ASSOCIATION falls in the top 10%.

What are KENTUCKY BANKERS ASSOCIATION's revenue and expenses?

In 2023, KENTUCKY BANKERS ASSOCIATION reported $5.5M in total revenue and $5.2M in total expenses on its IRS Form 990.

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