Public Charity

INDEPENDENT COMMUNITY BANKERS OF AMERICA

INDEPENDENT COMMUNITY BANKERS OF AMERICA is a Public Charity headquartered in SAUK CENTRE, MN. Financial data from the 2024 filing: $49.1M revenue, $48.6M expenses, $305.0M total assets. IRS filings disclose 27 grants awarded by this foundation, totaling roughly $1.3M.

EIN: 410327400 SAUK CENTRE, MN Latest filing: 2024
Total Revenue$49.1M
Total Expenses$48.6M
Total Assets$305.0M
Grants Given27
Grant Total$1.3M
Filing Years2019–2024

Mission

CREATE AND PROMOTE AN ENVIRONMENT WHERE COMMUNITY BANKS FLOURISH.

Sample Grants Given

WASHINGTON, DC · 2024
TO SUPPORT COMMUNITY BANKERS AFFECTED BY HURRICANES.
$25,540
RICHMOND, VA · 2023
TO SUPPORT AN ASSOCIATION WHOSE PURPOSE IS TO SUPPORT COMMUNITY BANKS IN VIRGINIA.
$50,000
MARIETTA, GA · 2023
TO SUPPORT AN ASSOCIATION WHOSE PURPOSE IS TO SUPPORT COMMUNITY BANKS IN GEORGIA.
$20,000
HONOLULU, HI · 2023
CHARITABLE DONATION TO SUPPORT COMMUNITY BANKERS AFFECTED BY MAUI WILDFIRES.
$17,885
BELZONI, MS · 2023
CHARITABLE DONATION TO SUPPORT COMMUNITY BANKERS AFFECTED BY TORNADO.
$10,000

Showing up to 5 of 27 total records — full history available with membership.

Officers & Directors

SEVP CHIEF FINANCE AND ADMINISTRATIVE OFFICER Alex Galeano
VICE CHAIRMAN Alice Frazier
DIRECTOR Anita Drentlaw
SEVP CHIEF GOVERNMENT RELATIONS & PUBLIC POLICY Anne Balcer
PAST CHAIRMAN Brad Bolton
DIRECTOR Brenda Foster

Officer compensation and complete director data available with membership.

Top Grant Purposes

THIS ORGANIZATION DEVELOPS PRODUCTS AND TECHNOLOGY THAT FURTHER THE MISSION OF ICBA AND ITS SUPPORT OF COMMUNITY BANKS.
$500,000 2 grants
GENERAL OPERATIONS OF THE ORGANIZATION, WHICH IS DEDICATED TO ADVANCING ENTREPRENEURSHIP AND ACCELERATING EARLY STAGE COMPANIES.
$250,000 1 grant
GENERAL OPERATIONS OF THE ORGANIZATION, WHICH HELPS THE CREATIVE COMMUNITY LEARN ABOUT PRESSING ISSUES SO THEY CAN BETTER INFORM THE PUBLIC AND THE NATION.
$81,000 1 grant
GENERAL OPERATIONS OF THE ORGANIZATION, WHICH PROVIDES ASSISTANCE TO ICBA MEMBER COMMUNITY BANKS IN NEED OF RELIEF DUE TO NATURAL DISASTERS.
$75,000 1 grant
TO SUPPORT AN ASSOCIATION WHOSE PURPOSE IS TO SUPPORT COMMUNITY BANKS IN VIRGINIA.
$50,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $49.1M $48.6M $305.0M
2023 $44.9M $52.1M $291.4M
2022 $46.2M $41.7M $279.7M
2020 $38.0M $36.3M $172.8M
2019 $40.4M $36.2M $174.4M

Between 2019 and 2024, reported annual revenue grew from $40.4M to $49.1M (+22%), with total assets most recently reported at $305.0M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in AL, AR, DC, FL, GA, HI, and 4 other states.

ALARDCFLGAHIILMAMSNC

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for INDEPENDENT COMMUNITY BANKERS OF AMERICA

Complete financials, all 27 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

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