Overview
What is Bank Information Center?
Bank Information Center (BIC) is a nonprofit organization situated in Washington D.C., specifically at 1023 15th Street NW 10th Floor. Their primary objective is to advocate for improved policies at International Financial Institutions (IFIs), with a particular focus on strengthening environmental and social standards, accountability frameworks, and opportunities for stakeholder engagement. BIC primarily works with the World Bank Group, as the primary standard-setter for IFIs, but also responds to opportunities at regional development banks and key trust funds to enhance policies across various institutions. BIC partners with civil society to highlight risks and improve the transparency, accountability, and sustainability of development finance, promoting social, ecological, and economic justice by amplifying local voices and democratizing development. They currently have a team of 19 dedicated individuals working towards their mission.
Official website here: www.bankinformationcenter.org
Is Bank Information Center legitimate?
Bank Information Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bank Information 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 tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $112,868
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,107,707
For more financial information, click here
Official website here: www.bankinformationcenter.org
What is the mission statement of Bank Information Center?
The Bank Information Center (BIC) advocates for social, ecological, and economic justice by amplifying local voices and democratizing development. Their mission is to promote transparency, accountability, sustainability, and inclusion at multilateral development banks. The organization works towards improved policies at International Financial Institutions (IFIs), primarily focusing on stronger environmental and social standards, robust accountability frameworks, and enhanced opportunities for stakeholder engagement. BIC's strategic focus remains on the World Bank Group, as the primary standard-setter for IFIs, but also extends to regional development banks and key trust funds to strengthen policies across institutions, contributing to upward harmonization of standards.
Official website here: www.bankinformationcenter.org
Who is the CEO of Bank Information Center?
Elana Berger is the Executive Director of Bank Information Center.
Official website here: www.bankinformationcenter.org
What is the revenue of Bank Information Center?
Bank Information Center's revenue in 2022 was $1,503,355.
Official website here: www.bankinformationcenter.org
Who are the executives of Bank Information Center and what are their salaries?
The average compensation at Bank Information Center during 2022 was $64,241. There are 19 employees at Bank Information Center.
Here are 9 key members and their salaries:
- Elana Berger (Executive Director)
- Gunilla Olsson (Board Member) [Trustee/Director]
- Fatuma Ibrahim (Board Member) [Trustee/Director]
- Marti Flacks (Board Member) [Trustee/Director]
- Stewart Ross (Treasurer) [Trustee/Director]
- Joshua Lichtenstein (Chair) [Trustee/Director]
- Imad Sabi (Board Member) [Trustee/Director]
- Judy Gearhart (Board Member) [Trustee/Director]
- Kindra Mohr (Board Member) [Trustee/Director]
Official website here: www.bankinformationcenter.org
Where can I find the form 990 for Bank Information Center?
The Bank Information Center’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.bankinformationcenter.org
Learn more at the official website: www.bankinformationcenter.org
Mission Statement of Bank Information Center
The Bank Information Center, or BIC, is a nonprofit organization that collaborates with civil society to highlight and enhance the transparency, accountability, and sustainability of development finance. Their mission is to advocate for social, ecological, and economic justice, amplifying local voices and democratizing development. Specifically, BIC aims to promote greater transparency, accountability, sustainability, and inclusion at multilateral development banks.
In pursuit of this mission, BIC works towards improved policies at international financial institutions (IFIs), particularly in the areas of stronger environmental and social standards, robust accountability frameworks, and expanded opportunities for stakeholder engagement. Their strategic focus primarily revolves around the World Bank Group, as the primary standard-setter for IFIs, but they also respond to opportunities at regional development banks and key trust funds to strengthen policies across institutions. This approach is intended to support upward harmonization of standards, aiming to foster positive change and promote a more equitable and sustainable development landscape.
Impact
This information is meant to be a general summary of Bank Information Center. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Bank Information Center partners with civil society to spotlight the risks and improve the transparency, accountability, and sustainability of development finance. By working towards improved policies at international financial institutions, primarily in the areas of stronger environmental and social standards, accountability frameworks, and stakeholder engagement, Bank Information Center contributes to promoting social, ecological, and economic justice. Their advocacy for greater transparency, accountability, sustainability, and inclusion at multilateral development banks amplifies local voices and democratizes development, ultimately making a positive impact on global development practices.
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:
Organization Details
Founding Year
1988
Phone
(202) 624-0629
Principal Officer
Elana Berger
Main Address
1023 15TH STREET NW 10TH FLOOR, WASHINGTON, DC, 20005
NTEE Category
Code: Z99Z - Unknown
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