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IOWA BANKERS ASSOCIATION

EIN 42-0330040 JOHNSTON, IA

Browse the largest nonprofits in Iowa

Revenue 2025
$3,308,082
Expenses 2025
$3,219,354

As filed

Subsection
06
Classification
2000
Street
PO BOX 6200

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

3 other organizations in the IRS Business Master File list the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

Mission and programs · 2025

Mission

THE IOWA BANKERS ASSOCIATION WAS ESTABLISHED TO PROMOTE AND IMPROVE THE GENERAL WELFARE, BUSINESS CONDITIONS AND USEFULNESS OF BANKING AND THRIFT INSTITUTIONS IN IOWA.

Activities or mission (Part I)

THE IOWA BANKERS ASSOCIATION WAS ESTABLISHED TO PROMOTE AND IMPROVE BANKING IN IOWA.

  • IOWA BANKERS ASSOCIATION WAS ORGANIZED TO PROMOTE THE GENERAL WELFARE AND USEFULNESS OF BANKS AND BANKING INSTITUTIONS IN IOWA AND TO IMPROVE BUSINESS CONDITIONS FOR IOWA BANKS AND BANKERS, INCLUDING, BUT NOT LIMITED TO, THE FOLLOWING:PROVIDING CONTINUING EDUCATION PROGRAMS; DESIGNING AND IMPROVING FINANCING METHODS; PROMOTING SAFETY OF IOWA BANKS AND THEIR EMPLOYEES; SEEKING TO SECURE AND MAINTAIN CHANNELS FOR CONTINUING COOPERATION WITH IOWA AND FEDERAL SUPERVISORY AND REGULATORY AGENCIES; TO FURNISH USEFUL AND APPROPRIATE INFORMATION IN THE ENACTMENT AND ADMINISTRATION OF BANKING LAWS; PUBLISH AND DISTRIBUTE PUBLICATIONS URGING THE USE OF COMMERCIAL BANKS AND SAVINGS INSTITUTIONS.AS A WISE CHOICE AND TO PROMOTE PATRONAGE FOR IOWA BANKS; PROMOTE BANKING AS A CAREER; MONITOR IOWA BANK PRACTICES AND PROCEDURES AND ASSIST IN BANKING SERVICES; ESTABLISH RESEARCH FACILITIES AND ASSIST BANKS WITH PREPARING NEW BANKING DEVELOPMENTS; ENCOURAGE IOWA BANKS TO PARTICIPATE IN COMMUNITY DEVELOPMENT; PROMOTE RELATIONSHIPS OF TRUST AND MUTUAL CONFIDENCE BETWEEN IOWA BANKS AND THEIR COMMUNITIES; PROMOTE UNIFORMITY OF AND INTERPRETATION OF CUSTOMS AND LAWS AFFECTING BANKING INSTITUTIONS OF IOWA; ENCOURAGE GOOD FELLOWSHIP AND INSURE CLOSER UNION AMONG IOWA BANKS; PROVIDE SERVICES TO IOWA BANKS DIRECTLY OR INDIRECTLY ON A NONPROFIT BASIS; AND ENCOURAGE PARTICIPATION BY IOWA BANKERS IN ASSOCIATION COMMITTEES AND COORDINATE THE ACTIVITIES OF THOSE COMMITTEES IN ADDRESSING AND FORMULATING PLANS TO ENHANCE ASSOCIATION SERVICES TO IBA MEMBERS.

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Adam Gregg Start 125

    SECRETARY

    Total calculated
    $496,193
    From this org
    $0
    From related orgs
    $420,056
    Other
    $76,137
    Hours/week
    16 + 24 related

    Schedule J breakdown matched by us

    Base
    $0 + $402,030 related
    Bonus
    $0
    Other
    $0 + $18,026 related
    Deferred
    $0 + $47,005 related
    Nontaxable benefits
    $0 + $29,132 related
    Filer's total
    $0 + $496,193 related
  • John Sorensen End 125

    SECRETARY

    Total calculated
    $183,785
    From this org
    $0
    From related orgs
    $180,954
    Other
    $2,831
    Hours/week
    16 + 24 related

    Schedule J breakdown matched by us

    Base
    $0 + $35,036 related
    Bonus
    $0 + $1,744 related
    Other
    $0 + $144,174 related
    Deferred
    $0 + $432 related
    Nontaxable benefits
    $0 + $2,399 related
    Filer's total
    $0 + $183,785 related
  • Abram Tubbs

    CHAIR ELECT (END 9/25), CHAIR (START 9/25)

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Jim Plagge

    PAST CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Mary Kay Bates End 925

    PAST CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 1.25 related
  • Melissa Spurgin

    TREASURER (END 9/25), CHAIR ELECT (START 9/25)

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Chip Reeves

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Clarissa Wing End 925

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Emily Abbas

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Greg Post End 925

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Heidi Parkhurst Start 925

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Julie Lanning Start 925

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Julie Williams End 925

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Matt Morris

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Nathan Koch

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Ryan Sheridan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Seth McCaulley Start 925

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Shane Zimmerman Start 925

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Steve Fopma Start 925

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2025
    Revenue
    $3,308,082
    Expenses
    $3,219,354
    Contributions
    $0
    Grants paid
    $50,000
  • 2024
    Revenue
    $3,588,125
    Expenses
    $2,955,901
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $3,115,872
    Expenses
    $2,804,591
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $2,965,151
    Expenses
    $2,858,361
    Contributions
    $0
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $3,345,609
    Expenses
    $2,479,976
    Assets (EOY)
    $15,106,660
  • 2020 · 990

    Revenue
    $2,554,170
    Expenses
    $2,260,757
    Assets (EOY)
    $13,946,701
  • 2019 · 990

    Revenue
    $2,506,108
    Expenses
    $2,430,595
    Assets (EOY)
    $13,264,960
  • 2018 · 990

    Revenue
    $2,461,160
    Expenses
    $2,385,000
    Assets (EOY)
    $13,313,276
  • 2017 · 990

    Revenue
    $2,387,002
    Expenses
    $2,280,011
    Assets (EOY)
    $13,210,694
  • 2016 · 990

    Revenue
    $2,390,443
    Expenses
    $1,953,011
    Assets (EOY)
    $12,980,256
  • 2015 · 990

    Revenue
    $2,300,020
    Expenses
    $1,610,733
    Assets (EOY)
    $12,647,883
  • 2014 · 990

    Revenue
    $2,250,838
    Expenses
    $1,871,199
    Assets (EOY)
    $12,085,070
  • 2013 · 990

    Revenue
    $2,223,304
    Expenses
    $1,450,121
    Assets (EOY)
    $11,388,220
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $1,600,010
    Assets (EOY)
    $10,593,843

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2025 return

Declared as related by

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Related corporations and trusts on its 2025 return

  • IOWA BANKERS INSURANCE & SERVICES INC

    C · SALES-INSURANCE & MARKETING · IA · 100% owned · share of income $564,713 · share of assets $148,645,651 · controlled entity

  • MID AMERICA BANKERS INSURANCE SERVICES

    C · INSURANCE · IA · 100% owned · share of assets $747,569 · controlled entity

  • IOWA BANKERS MORTGAGE CORPORATION

    C · MORTGAGE BANKING · IA · 100% owned · share of assets $27,863,622 · controlled entity

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.