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nonprofit · EIN 41-0327400 · MN

How much does INDEPENDENT COMMUNITY BANKERS OF AMERICA raise and spend?

INDEPENDENT COMMUNITY BANKERS OF AMERICA (MN, EIN 41-0327400) reported $49.1M in revenue and $48.6M in expenses for tax year 2024, with $272.8M in net assets (67.4 months of reserves). By expenses that ranks 4,843 of 391,588 e-filers, 135 of 9,230 nonprofits in minnesota.

REVENUE: $49.1MEXPENSES: $48.6MRESERVES: 67.4 months6 filings

Cite: FACTANKER, https://factanker.com/nonprofit/410327400-independent-community-bankers-of-america

What stands out

INDEPENDENT COMMUNITY BANKERS OF AMERICA (MN, EIN 41-0327400) reported $49.1M in revenue and $48.6M in expenses for tax year 2024, with $272.8M in net assets (67.4 months of reserves). By expenses that ranks 4,843 of 391,588 e-filers, 135 of 9,230 nonprofits in minnesota. Against nonprofits with $10M-$100M in expenses: months of reserves 67.4 months, above the peer median of 9.5 months; officer compensation share of expenses 12.7%, above the peer median of 2.6%; contributions share of revenue 0.0%, below the peer median of 12.5%; surplus margin 1.1%, below the peer median of 2.1%.

Key figures, tax year 2024

As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.

Measure2024Median, activityMedian, sizeMedian, all
Total revenue$49.1M—$21.4M$198.5k
Total expenses$48.6M—$20.3M$179.6k
Total assets$305.0M—$29.5M$761.5k
Net assets$272.8M—$17.4M$615.1k
Officer compensation (total per organisation)$6.2M—$625.8k$114.3k
Program service revenue share68.4%—73.7%13.4%
Contributions share of revenue0.0%—12.5%55.6%
Officer compensation share of expenses12.7%—2.6%6.6%
Months of reserves67.4 months—9.5 months12.4 months
Surplus margin1.1%—2.1%4.3%

Year by year

6 filings on record.

Tax yearRevenueExpensesNet assetsReservesOfficer comp.Rank
2024$49.1M$48.6M$272.8M67.4 months$6.2M4,843
2023$44.9M$52.1M$257.2M59.3 months$6.4M7,556
2022$46.2M$41.7M$249.7M71.9 months$6.6M8,303
2020$38.0M$36.3M$151.3M50.1 months$6.2M8,483
2019$40.4M$36.2M$151.9M50.3 months$6.0M8,116
2018$39.1M$36.8M$140.0M45.6 months$4.8M7,272

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