International Banking Security Association Inc
- Assets
- $353.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Merrimack, NH
- Founding
- 05/1984
- Data as of
- 12/2023
- EIN
- 36-3286708
Organization Overview
International Banking Security Association Inc is located in Merrimack, NH. The organization was established in 1984. According to its NTEE Classification (I99) the organization is classified as: Crime & Legal-Related N.E.C., under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Banking Security Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, International Banking Security Association Inc generated $85.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $82.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Selvan Naidu Chairman | 1 | $0 | |
Andy Karski Secretary | 0.5 | $0 | |
Lisa Grigg Director | 0.25 | $0 | |
Raymond Rowland Treasurer | 0.5 | $0 | |
Kristoffer Sjostrom Director | 0.25 | $0 | |
Stephen Coomey Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $85,465 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $85,465 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $80,226 |
| Total expenses | $82,726 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $353,378 |
| Other assets | $0 |
| Total assets | $353,378 |
| Total liabilities | $2,500 |
| Net assets or fund balances | $350,878 |
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