American Bankers Association
501(c)(6)
Strong reserves Growing revenue
American Bankers Association is a 501(c)(6) organization based in Washington, District of Columbia, registered in 1977, with $175,420,605 in FY2023 revenue.
1333 New Hampshire Ave Nw, Washington, DC, 20036 EIN 52-1001304 Since 1977
Revenue (FY2023)
$175.4M
▲ 16.4% vs prior year
Expenses (FY2023)
$149.1M
Net assets
$720.5M
Employees
400
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
★★★★
Rated on 3 of 4 criteria — the rest aren't reported in this filing type.
Capped at A — the top grade requires the fuller disclosure of a complete Form 990.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for American Bankers Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating58 mo reserves · +15% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For American Bankers Association: 58 mo reserves · +15% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For American Bankers Association: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For American Bankers Association: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Provide advocacy, education, & solutions to its members and the financial services industry
What they do
Membership relations and communications:aba outreaches to its membership through a number of communication tools including daily email news, weekly summaries, its website, and briefings on the changing advocacy and regulatory issues. these efforts facilitate the development of aba's policy positions and provide the membership and others with the background and tools for further use in their local communities.
Publications, products and services:the aba offers books, tool kits, several magazines, e-bulletins, and a variety of products and services in an effort to educate and facilitate the continued compliance and competitiveness of the industry it serves.
Contact & location
- Address
- 1333 New Hampshire Ave Nw, Washington, DC, 20036
- City
- Washington
- State
- District of Columbia
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $96.8M (FY2013) to $175.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $182.9MNet assets $720.5M
Operating margin
15.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$903.4M
Total liabilities
$182.9M
Net assets
$720.5M
Salaries & benefits
$83.1M
56% of expenses
Board members
24
23 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $175,420,605▲16.4% | $149,109,118▲8.3% | $720,494,649▲17.5% | $903,374,225▲15.5% | 990 |
| 2022 | $150,659,083▼74.6% | $137,635,007▲15.9% | $613,374,892▲7.0% | $782,282,636▲10.5% | 990 |
| 2021 | $592,825,072▲321% | $118,785,976▲12.3% | $573,135,528▲372% | $708,168,992▲169% | 990 |
| 2020 | $140,712,476▲3.3% | $105,749,195▼12.9% | $121,432,074▲112% | $263,742,289▲13.0% | 990 |
| 2019 | $136,163,926▲0.6% | $121,443,987▲1.2% | $57,286,096▲22.3% | $233,390,410▲4.1% | 990 |
| 2018 | $135,325,103▲11.6% | $119,965,861▲8.5% | $46,855,703▼40.2% | $224,230,935▲2.8% | 990 |
| 2017 | $121,242,277▲8.4% | $110,517,389▲2.0% | $78,337,248▲93.7% | $218,048,967▲6.8% | 990 |
| 2016 | $111,885,958▲6.6% | $108,304,022▲7.9% | $40,445,596▲578% | $204,161,238▲11.4% | 990 |
| 2015 | $104,937,327▲2.1% | $100,413,933▲6.5% | $5,961,856▼67.2% | $183,255,967▲9.2% | 990 |
| 2014 | $102,774,798▲6.1% | $94,300,686▲10.7% | $18,182,910▼41.0% | $167,782,781▼1.7% | 990 |
| 2013 | $96,832,756 | $85,161,802▲3.3% | $30,835,470▲30.0% | $170,634,261▲12.9% | 990 |
| 2012 | — | $82,440,996▲5.2% | $23,716,328▲226% | $151,191,893▲7.5% | 990 |
| 2011 | — | $78,379,003▼3.0% | -$18,825,917▼2805% | $140,680,287▲8.3% | 990 |
| 2010 | — | $80,776,616▲1.2% | -$648,080▲96.5% | $129,958,383▲11.1% | 990 |
| 2009 | — | $79,854,669 | -$18,766,448 | $117,003,735 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Robert S Nichols — $5,041,890 (3.38% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Robert S Nichols | President and Ceo | 36.5 | $5,041,890 |
| Naomi Camper | Chief Policy Officer | 37.5 | $1,235,205 |
| Jess Sharp | Executive Vice President | 37.5 | $669,700 |
| Karin Petersen Flynn | Cheif Finance and Aministration Officer | 33.5 | $629,792 |
| Peter C Cook | Chief Communication Office | 36.5 | $620,612 |
| Alethia Baggett | Chief Hr Officer | 37.5 | $559,685 |
| Thomas Pinder | General Counsel & Corp. Se | 37.5 | $548,100 |
| Virginia O'neill | Evp, Regulatory Compliance | 37.5 | $542,197 |
| Kirsten Sutton | Evp, Congressional Relatio | 37.5 | $532,960 |
| Sayee Srinivasan | Chief Economist | 37.5 | $502,655 |
| Russell Davis | Evp, Member Experience | 37.5 | $483,801 |
| Laena F Pomeroy | Chief of Staff | 37.5 | $432,484 |
| James G Edrington | Executive Vp - Until June 2023 | 37.5 | $416,724 |
| Andrew Anderson | Board Member - Until Sep. 2023 | 1 | — |
| A Scott Anderson | Board Member - Until Sep. 2023 | 1 | — |
| Brent Beardall | Board Member | 1 | — |
| Bryan D Bruns | Board Member | 1 | — |
| Carissa Rodeheaver | Treasurer | 1 | — |
| Catherine Owen | Board Member - Until Sep. 2023 | 1 | — |
| Cheryl D Bowers | Board Member | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Outten & Golden LLP | Legal | $2,500,000 |
| Jones Day | Legal | $1,406,506 |
| Morrison & Foerster LLP | Consulting | $1,132,738 |
| Keybridge Research LLC | Consulting | $551,847 |
| Revolution Media Group | Advertising | $520,000 |
Grants made · $176K in FY2023
10 grants totaling $176K in FY2023. All grants made by American Bankers Association →
| Recipient | Purpose | Amount |
|---|---|---|
| Tax Foundation | General support for 2024 | $35,000 |
| Bipartisan Policy Center Inc | Support independent research and policy work | $25,000 |
| Capstone Community Action Inc | Support vermont main street flood recovery fund | $25,000 |
| Childrens Hospital Foundation | Sponsorship for 2024 children's ball | $22,500 |
| Center For Law and Policy | General support for 2024 | $15,000 |
| Easter Seals Serving Dc-md-va Inc | Support 2024 advocacy awards | $12,500 |
| Splashes of Hope Inc | Support painting event 'painting for a purpose' | $12,000 |
| Kentucky Bankers Relief Fund Company | Support disaster relief fund for tornados at arkansas | $10,000 |
| Urban Institute | Membership dues and support through the housing finance innovation forum (hfif) | $10,000 |
| National Housing Conference Inc | Membership dues for general support | $8,900 |
Frequently asked questions
- Is American Bankers Association a legitimate nonprofit?
- Yes. American Bankers Association is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 52-1001304, based in Washington, District of Columbia.
- What is American Bankers Association's EIN?
- American Bankers Association's Employer Identification Number (EIN) is 52-1001304.
- How much revenue does American Bankers Association report?
- American Bankers Association reported $175,420,605 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much does American Bankers Association's highest-paid employee make?
- The highest reported compensation on American Bankers Association's latest Form 990 is $5,041,890, paid to Robert S Nichols (President and Ceo).
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Data for American Bankers Association (EIN 52-1001304) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.