Overview
What is Bai Center?
The Bai Center, situated in Chicago, Illinois (60603, South Lasalle St 3300), is a dedicated nonprofit organization that focuses on the financial services industry. Its primary objective is to enhance the proficiency of businesses and leaders within this sector by offering training and research programs. These initiatives aim to keep industry professionals informed about the latest compliance regulations and enable them to apply these rules effectively to better serve their customers. The Bai Center's mission involves conducting certifications and educational programs, which collectively assist financial services organizations in improving their operations. With a workforce of 118 individuals, the Bai Center plays a vital role in ensuring the financial services industry stays updated and adept in a rapidly evolving regulatory landscape.
Official website here: www.bai.org
Is Bai Center legitimate?
Bai Center is a legitimate nonprofit organization registered as a 501(c)(6) entity. Bai Center submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $3,086,333
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,133,115
For more financial information, click here
Official website here: www.bai.org
What is the mission statement of Bai Center?
The Bai Center was founded with the goal to aid the financial services industry. Its mission revolves around enhancing the efficiency of financial organizations and their leaders. Through the provision of training and research, the Bai Center equips industry professionals with the necessary knowledge to adhere to the latest compliance regulations and effectively serve their customers. The center's educational offerings aim to keep financial services leaders informed and prepared to meet the evolving demands of their businesses.
Official website here: www.bai.org
Who is the CEO of Bai Center?
Deborah Bianucci is the Principal Officer of Bai Center. The CEO's salary of Bai Center is $995,882 and their total compensation is $1,028,920.
Official website here: www.bai.org
What is the revenue of Bai Center?
Who are the executives of Bai Center and what are their salaries?
The average compensation at Bai Center during 2022 was $137,453. There are 118 employees and 11 volunteers at Bai Center.
Here are 31 key members and their salaries (Bai Center's CEO's salary is $995,882 and their total compensation is $1,028,920):
- Deborah L Bianucci (President And Ceo) [Trustee/Director]
- Karl D Dahlgren (Managing Director)
- Ed Marcheselli (Managing Director)
- Dawn M Stumpf (Senior Account Manager)
- Isio Nelson (Head Of Client Engagement)
- Ann R Barcroft (Chief Administrative Officer)
- Julie Faber (Chief Financial Officer)
- Holly J Hughes (Chief Marketing Officer)
- Thomas E Hoscheidt (Managing Director, Benchmarking)
- Mark Kowalczyk (Managing Director, Bd)
- Charles G Kim (Chairman Of The Board) [Trustee/Director]
- Timothy S Crane (Vice Chairman) [Trustee/Director]
- Steven S Saloutos (Past Chairman) [Trustee/Director]
- Scott M Peters (Counselor To The Board) [Trustee/Director]
- Todd M Barnhart (Treasurer) [Trustee/Director]
- Gloria C Banks (Secretary) [Trustee/Director]
- Stephen P Baron (Director-At-Large)
- Robert A Berman (Director-At-Large)
- Larissa Chaikowsky (Director-At-Large)
- Katrina M Evans (Director-At-Large)
- Nima Ghamsari (Director-At-Large)
- John T Jordan (Director-At-Large)
- Susan A Lamonica (Director-At-Large)
- Christopher J Mccomish (Director-At-Large)
- Aarthi Murali (Director-At-Large)
- Arijit Roy (Director-At-Large)
- Mark R Sheehan (Director-At-Large)
- Ameesh P Vakharia (Director-At-Large)
- Ulderico Calero (Director-At-Large)
- Charles T Heiden (Director-At-Large)
- Beth M Provanzana (Director-At-Large)
Official website here: www.bai.org
Where can I find the form 990 for Bai Center?
The Bai Center’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.bai.org
Learn more at the official website: www.bai.org
Mission Statement of Bai Center
The Bai Center, a leading organization in the financial services industry, was founded with a mission to assist and support its members in becoming more proficient in their business operations. By providing training and research programs, Bai Center empowers financial services organizations and their leaders to stay updated with the latest compliance regulations.
Bai Center's training initiatives are meticulously designed to educate financial services leaders, ensuring they have a thorough understanding of the most recent regulations and how to apply them effectively to serve their customers better. The organization's dedication to providing up-to-date information and resources enables financial services organizations to maintain a competitive edge and navigate the complex regulatory landscape with confidence.
Bai Center's mission transcends simple compliance education. It is an ongoing commitment to the professional development of financial services leaders, fostering a culture of continuous learning and innovation within the industry. Through its comprehensive training programs, Bai Center plays a crucial role in driving industry growth and promoting best practices, ultimately contributing to the financial services sector's overall success.
Impact
This information is meant to be a general summary of Bai Center. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Bai Center's impact lies in enhancing the proficiency of the financial services industry through its training and research programs. By educating financial services leaders on the latest compliance regulations and how to apply them effectively, Bai Center enables these organizations to better serve their customers. This mission to assist the financial services industry in becoming more proficient in their business ultimately contributes to the overall benefit of the public.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUBSCRIPTIONS
Revenue
$18,869,535
RESEARCH FEES
Revenue
$10,211,825
PROGRAMS & CONFERENCES
Revenue
$1,117,713
MEMBERSHIP DUES
Revenue
$431,567
Organization Details
Founding Year
1924
Phone
(312) 553-4600
Principal Officer
Deborah Bianucci
Main Address
115 SOUTH LASALLE ST 3300, CHICAGO, IL, 60603
Website
www.bai.org
NTEE Category
Code: W01 - Public benefit
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