NonprofitsConsumer Bankers Association

Consumer Bankers Association

WASHINGTON, DC

Total revenue

$20.2M

Total expenses

$18.8M

Net assets

$9.2M

Grants received

EIN

530112431

Tax year

2023

Mission

The consumer bankers association partners with the nation's leading retail banks to promote sound policy, prepare the next generation of diverse bankers to lead the industry, and finance the dreams of consumers and small businesses.

Programs

7 programs

Committee and working groups: cba is a member driven organization. Cba's 11 standing committees and several working groups include the top executives from our member banks with expertise in each segment of retail banking. Our committees guide our mission and serve as the foundation for every cba program from advocacy efforts to our annual conference, cba live. In this rapidly changing environment, cba stays up to speed on the top retail banking issues by updating the priorities of its committees and creating subcommittees and working groups as particular issues arise.

Expenses: $2.8M

Government relations: cba's government relations team is the voice of its membership in the nation's capital on retail financial services issues - both legislative and regulatory. Through meetings, comment letters, congressional testimony and issue briefings, the team educates policymakers, promotes the retail banking industry, and works with congress on legislation to best serve the needs of consumers and small businesses nationwide.

Expenses: $3.7M

Education funding assessment: fundamental changes in the student loan marketplace resulted from recent legislation eliminating private sector lenders from federal student loans and imposing new regulations on all other forms of education financing. Cba's education funding committee monitors actions at the cfpb and works with the bureau - which is very engaged in private student lending and related issues. Representing major student lenders, the education funding committee is the public policy voice for private-sector providers of loans to students and families for higher education.

Expenses: $337K

Communications and marketing: cba's communications office works to promote the retail banking industry and its role in advancing the economy and fulfilling the dreams and aspirations of consumers and small businesses in the media. It effectively communicates to our membership information, analysis, and insight as things develop. In addition, they engage policymakers and thought leaders via social media.

Expenses: $1.5M

Member services: cba's corporate membership office works to deepen the participation of cba's members, through the committees, working groups, events, briefings and executive banking school. The associate membership team works with the industry's premier suppliers and providers of goods and services to the retail banking industry.

Expenses: $1.1M

Cba advanced education: the executive banking school is an executive program designed and delivered by leading industry practitioners to build a deep knowledge of the retail banking business and to sharpen skills in strategic decision making. The program teaches core principles associated with the executive responsibility of running a sound and successful bank over the long term. The cba onsite education brings cba's advanced education program to the retail banks. Cba onsite education takes participants out of their silos, where they will immediately apply learning through simulations and case studies, expanding their knowledge and understanding of organizational operation and growth potential

Expenses: $2.5M

Legislative consulting: cba's legislative department advocates on behalf of our member banks to congress on consumer financial matters. We engage primarily with house financial services committee and senate banking committee members and staff on legislation, committee hearings, and engagement with bank regulatory agencies. We also help our members navigate the legislative landscape by keeping them updated on a variety of bills that are being considered in congress. We seek to advance legislative proposals that are helpful to our members and oppose proposals that are harmful to them.

Expenses: $1.1M

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$19.4M
Investment income$716K
Other revenue$163K
Total revenue$20.2M

Expenses

Grants paid
Salaries & benefits$10.6M
Fundraising
Other expenses$8.3M
Total expenses$18.8M
Total assets$25.3M
Net assets$9.2M

People

33 listed

NameRoleCompensation

LINDSEY JOHNSON

PRESIDENT & CEO

Board

$1.4M

40 hrs/wk

JEAN BUNTON

EXECUTIVE VICE PRESIDENT

Board

$456K

40 hrs/wk

MICHELLE AUGHINBAUGH

CAO

Board

$408K

40 hrs/wk

KELVIN CHEN

SENIOR EXECUTIVE VICE PRESIDENT

Board

$233K

40 hrs/wk

DANIEL SMITH

EXEC VICE PRESIDENT (THRU 6/23)

Board

$178K

40 hrs/wk

CASSANDRA MCKINNEY

DIRECTOR

Board

1 hrs/wk

NITIN MHATRE

DIRECTOR

Board

1 hrs/wk

MARIA TEDESCO

CHAIR-ELECT

Board

1 hrs/wk

BRIAN KING

DIRECTOR

Board

1 hrs/wk

CELIA KARAM

DIRECTOR

Board

1 hrs/wk

PATRICK SMITH

DIRECTOR

Board

1 hrs/wk

RYAN BAILEY

PAST CHAIR

Board

1 hrs/wk

SHAUN MCDOUGALL

DIRECTOR

Board

1 hrs/wk

MIKE DRURY

DIRECTOR

Board

1 hrs/wk

KATE DANELLA

DIRECTOR

Board

1 hrs/wk

ARIJIT ROY

DIRECTOR

Board

1 hrs/wk

CRAIG VALLORANO

DIRECTOR

Board

1 hrs/wk

MATT BOSS

DIRECTOR

Board

1 hrs/wk

BRANT STANDRIDGE

DIRECTOR

Board

1 hrs/wk

QUINCY MILLER

DIRECTOR

Board

1 hrs/wk

CHRISTINE CHANNELS

DIRECTOR

Board

1 hrs/wk

VICTOR ALEXANDER

DIRECTOR

Board

1 hrs/wk

TODD BARNHART

DIRECTOR

Board

1 hrs/wk

CHAD BORTON

DIRECTOR

Board

1 hrs/wk

BRENDAN COUGHLIN

CHAIR

Board

1 hrs/wk

BECKY GRIFFIN

DIRECTOR

Board

1 hrs/wk

HOWARD HAMMOND

DIRECTOR

Board

1 hrs/wk

ERNIE JOHANNSON

DIRECTOR

Board

1 hrs/wk

SAMUEL WHITFIELD

SENIOR VICE PRESIDENT

Staff

$488K

40 hrs/wk

DAVID POMMEREHN

SENIOR VICE PRESIDENT

Staff

$357K

40 hrs/wk

KEVIN O'CONNOR

SENIOR VICE PRESIDENT

Staff

$334K

40 hrs/wk

THOMAS DENT

SENIOR VICE PRESIDENT

Staff

$284K

40 hrs/wk

DANNI LU

EXEC VICE PRESIDENT OF FINANCE

Staff

$217K

40 hrs/wk

Independent contractors

VISION360 PARTNERS

LEGAL SERVICES

$757K

1201-1225 NEW YORK AVE SPE LLC

RENT

$756K

1225 EYE ST NW ASSOCIATES LLC

RENT

$623K

DEUTSCH INC

LEGAL SERVICES

$502K

WILLIAMS & CONNOLLY LLP

LEGAL SERVICES

$475K

Details

EIN530112431
Subsection06
Ruling date1942-11
Formed1919
Employees44
Volunteers0
CONSUMER BANKERS ASSOCIATION — Mission, Financials & Grants Received | Grantivo