JOHNSTON, IA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)IOWA BANKERS ASSOCIATION, founded in 1887, is a community nonprofit that reported $3.6M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $632K, a strong 18% operating margin.
THE IOWA BANKERS ASSOCIATION WAS ESTABLISHED TO PROMOTE AND IMPROVE THE GENERAL WELFARE, BUSINESS CONDITIONS AND USEFULNESS OF BANKING AND THRIFT INSTITUTIONS IN IOWA.
IOWA BANKERS ASSOCIATION WAS ORGANIZED TO PROMOTE THE GENERAL WELFARE AND USEFULNESS OF BANKS AND BANKING INSTITUTIONS IN IOWA AND TO IMPROVE BUSINESS CONDITIONS FOR IOWA BANKS AND BANKERS...
IOWA BANKERS ASSOCIATION WAS ORGANIZED TO PROMOTE THE GENERAL WELFARE AND USEFULNESS OF BANKS AND BANKING INSTITUTIONS IN IOWA AND TO IMPROVE BUSINESS CONDITIONS FOR IOWA BANKS AND BANKERS, INCLUDING, BUT NOT LIMITED TO, THE FOLLOWING:PROVIDING CONTINUING EDUCATION PROGRAMS; DESIGNING AND IMPROVING FINANCING METHODS; PROMOTING SAFETY OF IOWA BANKS AND THEIR EMPLOYEES; SEEKING TO SECURE AND MAINTAIN CHANNELS FOR CONTINUING COOPERATION WITH IOWA AND FEDERAL SUPERVISORY AND REGULATORY AGENCIES; TO FURNISH USEFUL AND APPROPRIATE INFORMATION IN THE ENACTMENT AND ADMINISTRATION OF BANKING LAWS; PUBLISH AND DISTRIBUTE PUBLICATIONS URGING THE USE OF COMMERCIAL BANKS AND SAVINGS INSTITUTIONS.AS A WISE CHOICE AND TO PROMOTE PATRONAGE FOR IOWA BANKS; PROMOTE BANKING AS A CAREER; MONITOR IOWA BANK PRACTICES AND PROCEDURES AND ASSIST IN BANKING SERVICES; ESTABLISH RESEARCH FACILITIES AND ASSIST BANKS WITH PREPARING NEW BANKING DEVELOPMENTS; ENCOURAGE IOWA BANKS TO PARTICIPATE IN COMMUNITY DEVELOPMENT; PROMOTE RELATIONSHIPS OF TRUST AND MUTUAL CONFIDENCE BETWEEN IOWA BANKS AND THEIR COMMUNITIES; PROMOTE UNIFORMITY OF AND INTERPRETATION OF CUSTOMS AND LAWS AFFECTING BANKING INSTITUTIONS OF IOWA; ENCOURAGE GOOD FELLOWSHIP AND INSURE CLOSER UNION AMONG IOWA BANKS; PROVIDE SERVICES TO IOWA BANKS DIRECTLY OR INDIRECTLY ON A NONPROFIT BASIS; AND ENCOURAGE PARTICIPATION BY IOWA BANKERS IN ASSOCIATION COMMITTEES AND COORDINATE THE ACTIVITIES OF THOSE COMMITTEES IN ADDRESSING AND FORMULATING PLANS TO ENHANCE ASSOCIATION SERVICES TO IBA MEMBERS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $3,588,125 | $3,115,872 | +0.2% |
| Expenses | $2,955,901 | $2,804,591 | +0.1% |
| Net Income | $632,224 | $311,281 | +1.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOHN SORENSEN | SECRETARY | 16.00 |
Officer
Director
|
$0 | $285,892 | $827,407 |
| ABRAM TUBBS START 924 | CHAIR ELECT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JIM PLAGGE | CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARY KAY BATES | PAST CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MATT LUJANO END 924 | PAST CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MELISSA SPURGIN | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHIP REEVES | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CLARISSA WING | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GREG POST | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JEFF JUERGENS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN NELSON END 924 | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JULIE WILLIAMS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MATT MORRIS START 924 | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| NATHAN KOCH START 924 | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SCOTT THOMSON END 924 | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SHANE ZIMMERMAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ZACH STUBBS END 924 | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $3,588,125 | $2,955,901 | $16,631,371 | $632,224 |
| 2023 | $3,115,872 | $2,804,591 | $15,760,422 | $311,281 |
| 2022 | $2,965,151 | $2,858,361 | $14,839,463 | $106,790 |
| 2021 | $3,345,609 | $2,479,976 | $15,106,660 | $865,633 |
| 2020 | $2,554,170 | $2,260,757 | $13,946,701 | $293,413 |
| 2019 | $2,506,108 | $2,430,595 | $13,264,960 | $75,513 |
| 2018 | $2,461,160 | $2,385,000 | $13,313,276 | $76,160 |
Compare IOWA BANKERS ASSOCIATION with other nonprofits in Iowa and across the country.