Nonprofit · EIN 35-1855863
IBA FOUNDATION INC
Tax-exempt · INDIANAPOLIS, IN 46240
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,822,500 | $3,064,651 | $757,849 | $14,970,796 | $2,205,085 | $12,765,711 |
| December 31, 2023 | 990 | $2,947,924 | $2,902,756 | $45,168 | $13,765,191 | $1,955,078 | $11,810,113 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $31,000
- Program service revenue
- $2,361,680
- Investment income
- $1,394,104
- Net gain from sales of assets
- $963,902
- Other revenue
- $35,716
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $828,827
- Salaries, compensation and benefits (total)
- $1,051,014
- Professional fundraising fees
- $0
- Legal fees
- $10,207
- Accounting fees
- $37,492
- Occupancy
- $221,736
- Travel
- $62,420
- Depreciation
- $11,478
- Program services (functional)
- $3,003,768
- Management and general (functional)
- $60,883
Balance sheet and other
- Total assets, start of year
- $13,765,191
- Total assets, end of year
- $14,970,796
- Total liabilities, end of year
- $2,205,085
- Net assets, end of year
- $12,765,711
- Land, buildings and equipment
- $35,968
- Publicly traded securities
- $13,868,123
- Net assets without donor restrictions
- $12,765,711
- Gross unrelated business income
- $35,716
- Gross receipts
- $7,454,556
- Employees
- 0
- Volunteers
- 175
- Year formed
- 1992
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| AMBER R VAN TIL | ASSISTANT TREASURER & CEO Trustee or director, Officer | 16 | $0 | $461,587 | $47,405 |
| RODNEY E LASLEY | SECRETARY Trustee or director, Officer | 16 | $0 | $196,139 | $28,094 |
| BENJAMIN J BOCHNOWSKI | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MATTHEW W HOWREY | FIRST VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DAVID M FINDLAY | SECOND VP & TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| AMBER R VAN TIL | ASSISTANT TREASURER & CEO Trustee or director, Officer | 16 | $0 | $413,933 | $40,430 |
| RODNEY E LASLEY | SECRETARY Trustee or director, Officer | 16 | $0 | $187,034 | $26,567 |
| JAMIE R SHINABARGER | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BENJAMIN J BOCHNOWSKI | FIRST VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MATTHEW W HOWREY | SECOND VICE PRESIDENT & TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 8425 WOODFIELD CROSSING BLVD 1555E, INDIANAPOLIS, IN 46240-7315
- In care of
- % PAUL W FREEMAN
- Principal officer (990 for 2024)
- RODNEY E LASLEY, 8425 WOODFIELD CROSSING BLVD 1555E, INDIANAPOLIS, IN 462409380
- Signed the 990
- RODNEY E LASLEY, CHIEF OPERATING OFFICER
- Phone
- (317) 387-9380
- Return prepared by
- BLUE & CO LLC
Mission
TO PROVIDE EDUCATION PROGRAMS TO MEMBERS OF THE BANKING INDUSTRY, THOSE ASPIRING TO DEVELOP THEIR CAPABILITIES IN THE BUSINESS OF BANKING, AND INSTRUCTING THE PUBLIC REGARDING BANKING.
Program accomplishments
- CONVENTION, CONFERENCES AND SEMINARS AND RELATED EXPENSES PROVIDE EDUCATION AND INFORMATION TO THOSE SEEKING INFORMATION AND INSTRUCTION ON SUBJECTS RELATIVE TO BANKS INCLUDING BUT NOT LIMITED TO MEMBERS OF THE INDIANA BANKERS ASSOCIATION.Expenses $3,003,768 · revenue $2,361,680
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 35-1855863
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 1992
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99)
- Assets (IRS master file)
- $14,970,796
- Income (IRS master file)
- $7,454,556
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,822,500 | $3,064,651 | $14,970,796 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $2,947,924 | $2,902,756 | $13,765,191 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $2,809,142 | $2,801,723 | $13,140,684 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-1855863).
Questions about IBA FOUNDATION INC
- What is the EIN of IBA FOUNDATION INC?
- The employer identification number (EIN) of IBA FOUNDATION INC is 35-1855863.
- Is IBA FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to IBA FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does IBA FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of IBA FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did IBA FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of IBA FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names RODNEY E LASLEY.
- Who are the officers and directors of IBA FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does IBA FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,822,500, expenses of $3,064,651 and total assets of $14,970,796 at year end.
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