Iowa Bankers Association
Public records raise at least one point you should look into before giving.
What it says it does
THE IOWA BANKERS ASSOCIATION WAS ESTABLISHED TO PROMOTE AND IMPROVE THE GENERAL WELFARE, BUSINESS CONDITIONS AND USEFULNESS OF BANKING AND THRIFT INSTITUTIONS IN IOWA.
- Income
- $3.6 million
- Spending
- $3.0 million
- Employees
- 0
- Volunteers
- 0
- Highest pay
- $827,407, secretary
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- IOWA BANKERS ASSOCIATION WAS ORGANIZED TO PROMOTE THE GENERAL WELFARE AND USEFULNESS OF BANKS AND BANKING INSTITUTIONS IN IOWA AND TO IMPROVE BUSINESS CONDITIONS FOR IOWA BANKS AND BANKERS, INCLUDING, BUT NOT LIMITED TO, THE FOLLOWING:PROVIDING CONTINUING EDUCATION PROGRAMS; DESIGNING AND IMPROVING FINANCING METHODS; PROMOTING SAFETY OF IOWA BANKS AND THEIR EMPLOYEES; SEEKING TO SECURE AND MAINTAIN CHANNELS FOR CONTINUING COOPERATION WITH IOWA AND FEDERAL SUPERVISORY AND REGULATORY AGENCIES; TO FURNISH USEFUL AND APPROPRIATE INFORMATION IN THE ENACTMENT AND ADMINISTRATION OF BANKING LAWS; PUBLISH AND DISTRIBUTE PUBLICATIONS URGING THE USE OF COMMERCIAL BANKS AND SAVINGS INSTITUTIONS.AS A WISE CHOICE AND TO PROMOTE PATRONAGE FOR IOWA BANKS; PROMOTE BANKING AS A CAREER; MONITOR IOWA BANK PRACTICES AND PROCEDURES AND ASSIST IN BANKING SERVICES; ESTABLISH RESEARCH FACILITIES AND ASSIST BANKS WITH PREPARING NEW BANKING DEVELOPMENTS; ENCOURAGE IOWA BANKS TO PARTICIPATE IN COMMUNITY DEVELOPMENT; PROMOTE RELATIONSHIPS OF TRUST AND MUTUAL CONFIDENCE BETWEEN IOWA BANKS AND THEIR COMMUNITIES; PROMOTE UNIFORMITY OF AND INTERPRETATION OF CUSTOMS AND LAWS AFFECTING BANKING INSTITUTIONS OF IOWA; ENCOURAGE GOOD FELLOWSHIP AND INSURE CLOSER UNION AMONG IOWA BANKS; PROVIDE SERVICES TO IOWA BANKS DIRECTLY OR INDIRECTLY ON A NONPROFIT BASIS; AND ENCOURAGE PARTICIPATION BY IOWA BANKERS IN ASSOCIATION COMMITTEES AND COORDINATE THE ACTIVITIES OF THOSE COMMITTEES IN ADDRESSING AND FORMULATING PLANS TO ENHANCE ASSOCIATION SERVICES TO IBA MEMBERS.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 1945.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: American Bankers Association (Washington, DC), EIN 52-1001304. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.