Independent Community Bankers Of Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,349,412 | 1,195,734 | 153,678 | 14.2 | 50% |
| 2012 | 1,592,642 | 1,314,593 | 278,049 | 15.5 | 47% |
| 2013 | 1,298,923 | 1,279,322 | 19,601 | 16.1 | 50% |
| 2014 | 1,390,299 | 1,372,106 | 18,193 | 15.1 | 46% |
| 2015 | 1,472,987 | 1,387,687 | 85,300 | 15.7 | 48% |
| 2016 | 1,299,001 | 1,440,805 | −141,804 | 14.0 | 49% |
| 2017 | 1,454,054 | 1,531,976 | −77,922 | 13.1 | 43% |
| 2018 | 1,371,535 | 1,448,062 | −76,527 | 13.3 | 42% |
| 2019 | 1,610,495 | 1,635,634 | −25,139 | 11.6 | 37% |
| 2020 | 1,707,907 | 1,605,920 | 101,987 | 12.7 | 46% |
| 2021 | 2,583,601 | 2,345,682 | 237,919 | 9.5 | 36% |
| 2022 | 1,923,476 | 1,840,082 | 83,394 | 12.7 | 27% |
| 2023 | 1,918,103 | 1,869,379 | 48,724 | 12.7 | 31% |
In its most recent public year (2023), this organization brought in $48,724 more than it spent. Its reserves stood at about 12.7 months of spending, down from 14.2 in 2011. Staff pay was 31% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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