EIN 41-6037469

BankIn Minnesota (ICBM)

IRS 501(c) type
501(c)(6)
Num. employees
12
Year formed
1962
Most recent tax filings
2023-12-01
Description
To provide members with the resources and advocacy they need to remain independent, effectively compete in the financial industry, grow their banks, and positively impact the economy in their local communities.
Also known as...
Independent Community Bankers of Minnesota
Total revenues
$1,918,103
2023
Total expenses
$1,869,379
2023
Total assets
$2,110,177
2023
Num. employees
12
2023

Program areas at ICBM

Convention - The convention provides an opportunity to provide educational networking opportunities for our members. It is also the annual meeting of membership.
Education - ICBM provides education for our members using multiple delivery channels including face to face, web enabled, and self-paced and instructor led online. We served over 4,000 bankers with over 150 education offerings.
Advocacy - ICBM is the only banking association in the state that offers exclusive state capital representation for independent community banking.ICBM's government relations department stays abreast of the most recent state and federal legislation affecting Minnesota's independent community bankers. ICBM takes an active role in lobbying on behalf of our members at the state and national level. ICBM organizes opportunities for our members to be in direct contact with members of congress through special meetings and events like ICBM's annual day at the capitol.

Personnel at ICBM

NameTitleCompensation
Jim AmundsonPresident and Chief Executive Officer$0
Greg McCurrySenior Vice President and Chief Development Officer$130,769
Curt SmallbrockInsurance Services - Vice President$0
Kevin BurrVice President Icbm Insurance and CBFS$0
Nicki WarehamSenior Vice President , Director of Operations$101,381
...and 23 more key personnel

Financials for ICBM

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$1,690,342
Investment income and dividends$2,595
Tax-exempt bond proceeds$0
Royalty revenue$125,764
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$99,402
Total revenues$1,918,103

Form 990s for ICBM

Fiscal year endingDate received by IRSFormPDF link
2023-122024-04-01990View PDF
2022-122023-05-02990View PDF
2021-122022-05-10990View PDF
2020-122021-11-10990View PDF
2019-122021-06-08990View PDF
...and 10 more Form 990s
Data update history
June 15, 2024
Updated personnel
Identified 2 new personnel
May 24, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 20, 2024
Updated personnel
Identified 2 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Public sector nonprofitsTrade associationsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Community improvementPublic policyBusiness and industry
Characteristics
MembershipsPolitical advocacyState / local level
General information
Address
7900 International Dr Ste 685
Bloomington, MN 55425
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
minnesota.bank/icbm/sign_in.aspx?loginredirect=true&returnurl=%2ficbm%2fsign_in.aspx%3fwebsitekey%3d97f13129-0adb-4d8e-9b99-619bbf05124e%26loginredirect%3dtrue%26 
Phone
(651) 687-9080
Facebook page
ICBMBanks 
IRS details
EIN
41-6037469
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1962
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W03: Public and Societal Benefit Professional Societies and Associations
NAICS code, primary
813910: Trade Associations
Parent/child status
Central organization
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