Independent Community Bankers of America
Nonprofit profile at a glance
- EIN
- 410327400
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Washington, DC, US
- Phone
- 202-659-8111
- Rating confidence
- Limited
Reported finances
- Revenue
- $49,136,177
- Expenses
- $48,585,225
- Assets
- $304,982,850
- Liabilities
- $32,171,475
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
37 people listed
Executive titles in this filing
- REBECA ROMERO RAINEY (PRESIDENT/CEO)
- CAMDEN FINE (FORMER PRESIDENT/CEO)
Highest reported compensation
- REBECA ROMERO RAINEY (PRESIDENT/CEO): $2,335,660 total reported compensation
- ANNE BALCER (SEVP CHIEF GOVERNMENT RELATIONS & PUBLIC POLICY): $675,604 total reported compensation
- ALEX GALEANO (SEVP CHIEF FINANCE AND ADMINISTRATIVE OFFICER): $650,872 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To create and promote an environment where community banks flourish.
What it reported doing in 2024
Publications-icba's many publications inform members about the trends and issues affecting the community banking industry, including award winning independent banker magazine and icba newswatch today. Education-icba provides community bankers with education to meet their technology, operations, and compliance needs. Icba offers superior seminars, products, and online training that brings top industry knowledge to members. All courses are reviewed and approved by a committee of community bankers before they become available.continued on schedule o. Icba live-icba's annual convention is the largest educational gathering of community bankers. The educational opportunities at this national event keep bankers up to date on the latest trends and innovations impacting their bank.bank director program-icba's bank director program offers directors essential information, in-depth educational programs and convenience. Over 5,000 participants network with other community bank directors from across the country to keep "community" in their community banks.marketing resources-icba offers marketing resource programs designed to help members find cost-effective and time-saving ways to promote their banks.consumer education and resources-icba has formed alliances with various organizations to provide education and resources for members and their communities.
Operating model
- Revenue model
- Earned-program. 66% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 100
- Accountability: 97
- Sustainability: 53
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 6 of 6 controls in place; rating input score 100
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 95.2%; rating input score 95; 29th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 1.1%; rating input score 38; 38th percentile among comparable filings
- Total-asset coverage ratio: 6.28; rating input score 87; 87th percentile among comparable filings
- Liabilities to assets ratio: 0.11; rating input score 73; 73rd percentile among comparable filings
- Officer compensation ratio: 17.3%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 2.1% per year; rating input score 100; 19th percentile among comparable filings
- Asset growth: 8.6% per year; rating input score 100; 58th percentile among comparable filings
Details
- What they do: 6 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 20 of 21 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $2.3M · 37 people listed · 6 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $3.4M reported
- Consistency: 16 of 16 current checks pass
- Schedules: 7 filed schedules · includes grants, executive pay, and related organizations
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 45 filed money-flow records
- Related organizations: 13 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 38/100.
- High — Sustainability: Officer compensation ratio scored 6/100.