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Illinois Bankers Education Services Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 364271815 ✦ Springfield, IL ✦ Designated as a 501(c)(3)

Overview

What is Illinois Bankers Education Services Inc?

Illinois Bankers Education Services Inc is a not-for-profit organization dedicated to enhancing the professional skills of employees in the financial sector. Based on the provided information, their mission revolves around sponsoring education programs that cater to commercial banks, savings and loans, and other financial institutions, as well as interested parties. Their primary objective is to improve the competencies of their workforce, thereby contributing to the overall growth and success of the financial industry. The organization operates as a platform for continuous learning and development, providing an opportunity for individuals to upgrade their skills and stay updated with the latest trends in the financial sector.


Is Illinois Bankers Education Services Inc legitimate?

Illinois Bankers Education Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Illinois Bankers Education Services Inc 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 tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Illinois Bankers Education Services Inc?
What is the revenue of Illinois Bankers Education Services Inc?
Who are the executives of Illinois Bankers Education Services Inc and what are their salaries?
Where can I find the form 990 for Illinois Bankers Education Services Inc?

Mission Statement of Illinois Bankers Education Services Inc

Illinois Bankers Education Services Inc, as a not-for-profit organization, is dedicated to sponsoring educational programs. Its mission is centered around enhancing the skills of employees working in commercial banks, savings and loans, and other financial institutions, as well as interested parties. The organization's primary objective is to provide education that can significantly improve the competence and proficiency of these individuals, thereby contributing to the overall strength and effectiveness of the financial sector. By doing so, Illinois Bankers Education Services Inc aims to promote professional growth and development within the financial industry, ultimately benefiting both the individuals and the organizations they serve.

Impact

This information is meant to be a general summary of Illinois Bankers Education Services Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Illinois Bankers Education Services Inc has a significant impact on the banking and financial industry by providing education programs that aim to enhance the skills of employees in commercial banks, savings & loans, and other financial institutions. By offering these educational opportunities, the organization contributes to the professional development of individuals working in the sector, ultimately leading to improved services and operations within the industry. Through its mission to provide quality education, Illinois Bankers Education Services Inc plays a vital role in advancing the knowledge and capabilities of banking professionals, which in turn strengthens the overall performance and integrity of the financial services sector.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $1,415,247
  • Gross Receipts: $1,442,352

    • Assets and Liabilities:
  • Total Assets: $167,362
  • Total Liabilities: $239,098
  • Net Assets: -$71,736
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Convention

    Revenue

    $293,195

    Courses

    Revenue

    $161,914

    Seminars

    Revenue

    $279,527

    Special Programs

    Revenue

    $680,611

    Organization Details

    Founding Year

    1999

    Main Address

    3201 West White Oaks Drive 400, Springfield, IL, 62704

    NTEE Category

    Code: B50 - Education

    If you are a representative of Illinois Bankers Education Services Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.