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Filing year 2023

WEST VIRGINIA BANKERS ASSOCIATION INC

Charleston, West Virginia·EIN 55-0306843·501(c)(6)
Total revenue
$1.6M
Total assets
$3M
Total expenses
$1.5M
Reported officers
21
Mission

THE ORGANIZATION SEEKS TO EFFICIENTLY PROVIDE FOR THE EDUCATIONAL NEEDS OF ITS MEMBER BANKS, PROMOTE LEGISLATIVE ACTION THAT IS IN THE BEST INTEREST OF THE BANKING INDUSTRY AND STATE, GARNER GRASS ROOTS PARTICIPATION FROM ITS MEMBER BANKS, AND FOSTER COOPERATION WITH OTHERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

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

President/ceo
75th to 90th percentile
$246k
$269k
Base
$211k
Bonus
Other
Benefits
$27k

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 20 unpaid individuals.

Up 62%
from 2022

From $152k in 2022 to $246k in 2023.

$152k
2022
$246k
2023
In today's dollarsEst.
Up 55% in real terms$174k to $269k

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 62% from 2022 to 2023, while revenue rose 3%.

$152k in 2022 to $246k in 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

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

RevenueExpenses
$1.5M
$1.5M
2022
$1.6M
$1.5M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about WEST VIRGINIA BANKERS ASSOCIATION INC

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

In 2023, the Chief Executive Officer of WEST VIRGINIA BANKERS ASSOCIATION INC received $246,447 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at WEST VIRGINIA BANKERS ASSOCIATION INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at WEST VIRGINIA BANKERS ASSOCIATION INC falls between the 75th and 90th percentiles.

What are WEST VIRGINIA BANKERS ASSOCIATION INC's revenue and expenses?

In 2023, WEST VIRGINIA BANKERS ASSOCIATION INC reported $1.6M in total revenue and $1.5M in total expenses on its IRS Form 990.

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