AMERICAN BANKERS ASSOCIATION

EIN: 521001304

WASHINGTON, DC

Total Revenue
$175,420,605
Total Expenses
$149,109,118
Total Assets
$903,374,225
Net Assets
$720,494,649
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1875
Legal Domicile
DC
Principal Officer
ROBERT S NICHOLS
Phone
2026635054
Tax Period
2023-09-01 to 2024-08-31

AMERICAN BANKERS ASSOCIATION, founded in 1875, is a major nonprofit that reported $175.4M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $149.1M left a modest 15% surplus.

Mission

PROVIDE ADVOCACY, EDUCATION, & SOLUTIONS TO ITS MEMBERS AND THE FINANCIAL SERVICES INDUSTRY

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,291,201
Program Service Revenue $96,493,497
Investment Income $31,486,288
Other Revenue $44,149,619
TOTAL REVENUE $175,420,605

Expense Breakdown

Grants Paid $206,846
Salaries & Benefits $83,118,821
Fundraising Expenses $0
Other Expenses $65,783,451
TOTAL EXPENSES $149,109,118

Year-over-Year Comparison

2023 2022 Change
Revenue $175,420,605 $150,659,083 +0.2%
Expenses $149,109,118 $137,635,007 +0.1%
Net Income $26,311,487 $13,024,076 +1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
24
Independent Members
23
Employees
400
Volunteers
1200

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$5,878,048
Total Directors
32
$5,128,508
Key Employees
5
$3,804,625
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT S NICHOLS PRESIDENT AND CEO 36.50
Officer Director
$5,041,890 $86,618 $5,128,508
JULIEANN M THURLOW CHAIR 1.00
Officer Director
$0 $0 $0
JOHN C ASBURY CHAIR ELECT 1.00
Officer Director
$0 $0 $0
KENNETH KELLY VICE CHAIR 1.00
Officer Director
$0 $0 $0
CARISSA RODEHEAVER TREASURER 1.00
Officer Director
$0 $0 $0
DANIEL D ROBB CHAIR, NOMINATING COMMITTEE 1.00
Director
$0 $0 $0
SARAH A LONG CHAIR, ABA/STATE ASSOCIATION ALLIANCE 1.00
Director
$0 $0 $0
RICK CLAYBURGH VICE CHAIR, ABA/STATE ASSOCIATION ALLIANCE 1.00
Director
$0 $0 $0
GARY R SHOOK CHAIR, GOVERNMENT RELATIONS COUNCIL 1.00
Director
$0 $0 $0
BRENT BEARDALL BOARD MEMBER 1.00
Director
$0 $0 $0
CHERYL D BOWERS BOARD MEMBER 1.00
Director
$0 $0 $0
BRYAN D BRUNS BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN R CIULLA BOARD MEMBER 1.00
Director
$0 $0 $0
SIMON CRUZ BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN F HALL BOARD MEMBER 1.00
Director
$0 $0 $0
SALEEM IQBAL BOARD MEMBER 1.00
Director
$0 $0 $0
TIMOTHY MARSHALL BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES J MCQUADE BOARD MEMBER 1.00
Director
$0 $0 $0
LARRY W MYERS BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID D NELSON BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTIE HUBER OBENAUER BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER PIEPSZAK BOARD MEMBER 1.00
Director
$0 $0 $0
JIM RYAN BOARD MEMBER 1.00
Director
$0 $0 $0
K WAYNE WICKER BOARD MEMBER 1.00
Director
$0 $0 $0
A SCOTT ANDERSON BOARD MEMBER - UNTIL SEP. 2023 1.00
Director
$0 $0 $0
FRED L GREEN III BOARD MEMBER - UNTIL SEP. 2023 1.00
Director
$0 $0 $0
CATHERINE OWEN BOARD MEMBER - UNTIL SEP. 2023 1.00
Director
$0 $0 $0
ANDREW ANDERSON BOARD MEMBER - UNTIL SEP. 2023 1.00
Director
$0 $0 $0
JAMES S MAHAN III BOARD MEMBER - UNTIL SEP. 2023 1.00
Director
$0 $0 $0
MICHAEL RAUH JR BOARD MEMBER - UNTIL SEP. 2023 1.00
Director
$0 $0 $0
IRA ROBBINS BOARD MEMBER - UNTIL SEP. 2023 1.00
Director
$0 $0 $0
KEVIN SABIN BOARD MEMBER - UNTIL SEP. 2023 1.00
Director
$0 $0 $0
KARIN PETERSEN FLYNN CHEIF FINANCE AND AMINISTRATION OFFICER 33.50
Officer
$629,792 $119,748 $749,540
NAOMI CAMPER CHIEF POLICY OFFICER 37.50
Key Emp
$1,235,205 $85,278 $1,320,483
PETER C COOK CHIEF COMMUNICATION OFFICE 36.50
Key Emp
$620,612 $81,212 $701,824
ALETHIA BAGGETT CHIEF HR OFFICER 37.50
Key Emp
$559,685 $88,637 $648,322
THOMAS PINDER GENERAL COUNSEL & CORP. SE 37.50
Key Emp
$548,100 $69,311 $617,411
LAENA F POMEROY CHIEF OF STAFF 37.50
Key Emp
$432,484 $84,101 $516,585
VIRGINIA O'NEILL EVP, REGULATORY COMPLIANCE 37.50
Highest
$542,197 $45,822 $588,019
JESS SHARP EXECUTIVE VICE PRESIDENT 37.50
Highest
$669,700 $86,618 $756,318
KIRSTEN SUTTON EVP, CONGRESSIONAL RELATIO 37.50
Highest
$532,960 $65,482 $598,442
SAYEE SRINIVASAN CHIEF ECONOMIST 37.50
Highest
$502,655 $84,109 $586,764
RUSSELL DAVIS EVP, MEMBER EXPERIENCE 37.50
Highest
$483,801 $82,847 $566,648
JAMES G EDRINGTON EXECUTIVE VP - UNTIL JUNE 2023 37.50
$416,724 $41,219 $457,943
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $175,420,605 $149,109,118 $903,374,225 $26,311,487
2023 $150,659,083 $137,635,007 $782,282,636 $13,024,076
2022 $592,825,072 $118,785,976 $708,168,992 $474,039,096
2021 $140,712,476 $105,749,195 $263,742,289 $34,963,281
2020 $136,163,926 $121,443,987 $233,390,410 $14,719,939
2019 $135,325,103 $119,965,861 $224,230,935 $15,359,242
2018 $121,242,277 $110,517,389 $218,048,967 $10,724,888
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