Independent Community Banks of North Dakota
Nonprofit profile at a glance
- EIN
- 450338033
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- Bismarck, ND, USA
- Phone
- 7012587121
- Rating confidence
- Limited
Reported finances
- Revenue
- $1,256,062
- Expenses
- $1,272,264
- Assets
- $2,278,246
- Liabilities
- $523,668
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- Alexis Baxley (President)
- Jessie Pfaff (Vice President)
Highest reported compensation
- Alexis Baxley (President): $194,819 total reported compensation
- Jessie Pfaff (Vice President): $128,585 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Independent Community Banks of North Dakota is the one organization exclusively representing and promoting North Dakota's independent community banks. We are driven by the needs of our members to add value by being a proactive industry advocate before state and federal legislative and regulatory bodies; promoting the image and importance of community banks to local, state and national economies and to its citizens; providing a forum for networking and information dissemination; and creating cooperative products, services and educational offerings to assist our members to compete and flourish in a changing financial services marketplace.
What it reported doing in 2025
The Organization sponsors an annual convention with an approximate attendance of 300. The Organization also sponsors seminars throughout the year with an approximate attendance of 500-600. Activities are held for the purpose of exchanging ideas, education, and information.
Operating model
- Revenue model
- Other-operating. 97% of the money available for current operations came from other operating 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: 71
- Accountability: 90
- Sustainability: 35
- 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; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -1.3%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 1.79; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: 0.23; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 25.4%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 2.3% per year; rating input score 100; 21st percentile among comparable filings
- Asset growth: 4.7% per year; rating input score 100; 34th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 15 of 15 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $195K · 20 people listed · 2 of 6 pay-setting controls reported
- Consistency: 11 of 11 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 15 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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.
- High — Sustainability: Operating margin scored 27/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Officer compensation ratio scored 11/100.
- High — Sustainability: Liabilities to assets ratio scored 23/100.