Icba Foundation Inc
- Assets
- $58.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 09/2019
- Data as of
- 12/2022
- EIN
- 83-2846448
Organization Overview
Icba Foundation Inc is located in Washington, DC. The organization was established in 2019. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Icba Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Icba Foundation Inc generated $172.0k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 51.4% each year . All expenses for the organization totaled $174.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ICBA FOUNDATION WAS ESTABLISHED TO SUPPORT INDEPENDENT COMMUNITY BANKERS OF AMERICA (ICBA), A 501(C)(6) BY SOLICITING AND PROVIDING FUNDS AND OTHER AID SUCH AS FOOD, CLOTHING AND SHELTER, TO ASSIST ICBA MEMBER COMMUNITY BANKS AND THEIR EMPLOYEES WHO HAVE SUFFERED LOSSES AND ARE IN NEED OF RELIEF DUE TO NATURAL DISASTERS THROUGHOUT THE UNITED STATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebeca Romero Rainey President/ceo | 1 | $0 | |
Terry Jorde Secretary/treasurer | 1 | $0 | |
Alex Galeano CFO | 1 | $0 | |
Brad Bolton Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $171,997 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $30 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $172,027 |
| 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 | $30 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,327 |
| Total expenses | $174,362 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,724 |
| Other assets | $0 |
| Total assets | $58,724 |
| Total liabilities | $20 |
| Net assets or fund balances | $58,704 |