NonprofitsIndependent Community Bankers Of Minnesota

Independent Community Bankers Of Minnesota

BLOOMINGTON, MN

Total revenue

$2.1M

Total expenses

$2.0M

Net assets

$2.2M

Grants received

EIN

416037469

Tax year

2024

Mission

Promotes and educates community bank members.

Programs

2 programs

Advocacy - ICBM is the only banking association in the state that offers exclusive state capital representation for independent community banking.ICBM's government relations department stays abreast of the most recent state and federal legislation affecting Minnesota's independent community bankers. ICBM takes an active role in lobbying on behalf of our members at the state and national level. ICBM organizes opportunities for our members to be in direct contact with members of congress through special meetings and events like ICBM's annual day at the capitol.

Education - ICBM provides education for our members using multiple delivery channels including face to face, web enabled, and self-paced and instructor led online. We served over 4,000 bankers with over 150 education offerings.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$1.7M
Investment income$5K
Other revenue$445K
Total revenue$2.1M

Expenses

Grants paid
Salaries & benefits$717K
Fundraising
Other expenses$1.2M
Total expenses$2.0M
Total assets$2.4M
Net assets$2.2M

People

24 listed

NameRoleCompensation

James Amundson

President/CEO

Board

$316K

48 hrs/wk

Tiffany Baer Paine

Chair Elect/Chair

Board

2 hrs/wk

Peter Nelson

Chair/Past Chair

Board

2 hrs/wk

Mark Toombs

Past Chair (To 8/2024)

Board

2 hrs/wk

Greg Raymo

Vice Chair/Chair Elect

Board

2 hrs/wk

Bill LaVinge

Treasurer/Vice Chair

Board

2 hrs/wk

Richard Jones

Director/Treasurer

Board

2 hrs/wk

Gary Timm

Director

Board

2 hrs/wk

Mike Bresnahan

Director

Board

2 hrs/wk

Jacob Jenniges

Director

Board

2 hrs/wk

Michael Bilski

Director

Board

2 hrs/wk

Anita Drentlaw

Director

Board

2 hrs/wk

Randy Dorn

Director

Board

2 hrs/wk

Mark Finstad

Director

Board

2 hrs/wk

Noah Wilcox

Director

Board

2 hrs/wk

Bernie Gaytko

Director

Board

2 hrs/wk

Terri Barrett

Director

Board

2 hrs/wk

McKinzie Hopkins

Director

Board

2 hrs/wk

Jerry Reiter

Director

Board

2 hrs/wk

Chad Forkrud

Director

Board

2 hrs/wk

Patricia Coles

SVP Dir. of Member Engagement

Staff

$102K

48 hrs/wk

Karina Wiatros

VP Dir. of Marketing & Communications

Staff

$100K

0

Kevin Christians

Executive VP CBFS

Staff

0

Curt Smallbrock

VP CBFS

Staff

0

Details

EIN416037469
Subsection06
Ruling date1963-03
Formed1962
Employees12
Volunteers50
INDEPENDENT COMMUNITY BANKERS OF MINNESOTA — Mission, Financials & Grants Received | Grantivo