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.
Financials for ICBM
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $1,690,342 | $1,698,816 | -0.5% |
| Investment income and dividends | $2,595 | $3,344 | -22.4% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $125,764 | $0 | 999% |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $99,402 | $221,316 | -55.1% |
| Total revenues | $1,918,103 | $1,923,476 | -0.3% |
Organizations like ICBM
| Organization | Type | Location | Revenue |
|---|
| American Credit Union Mortgage Association | 501(c)(6) | Middleton, WI | $2,472,257 |
| Michigan Association of Counties (MAC) | 501(c)(4) | Lansing, MI | $1,342,917 |
| Associated School Boards of South Dakota (ASBSD) | 501(c)(3) | Pierre, SD | $2,234,075 |
| Northwest Municipal Conference | 501(c)(3) | Des Plaines, IL | $1,301,752 |
| MiCTA | 501(c)(6) | Saginaw, MI | $575,391 |
| Michigan Credit Union League | 501(c)(6) | Plymouth, MI | $5,170,504 |
| Illinois State Association of Counties | 501(c)(4) | Springfield, IL | $503,355 |
| United States Naval Institute | 501(c)(3) | Annapolis, MD | $9,064,791 |
| North Dakota League of Cities | 501(c)(6) | Bismarck, ND | $917,712 |
| Michigan Public Transit Association | 501(c)(6) | East Lansing, MI | $1,082,082 |
Data update history
October 15, 2024
Updated personnel
Identified 5 new personnel
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
Nonprofit Types
Public sector nonprofitsTrade associationsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Community improvementPublic policyBusiness and industry
Characteristics
MembershipsPolitical advocacyState / local level
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