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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Iowa Bankers Association

Iowa Bankers Association

Fiscal year ending 2024. Filed on October 3, 2025.

8901 Northpark Drive PO Box 6200
Johnston, Iowa 50131

Iowa Bankers Association (EIN: 42-0330040) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Iowa Bankers Association, a 501(c)(6) business league, reported compensation for 1 employee. Among the employees shown here, the average compensation is $827,407. The highest compensated employee at Iowa Bankers Association is John Sorensen with fiscal year 2024 compensation of $827,407.

Revenue, expenses, and employee compensation

Revenue

$3,588,125

Expenses

$2,955,901

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

John Sorensen
Secretary
$827,407
$0 $541,515 $285,892

Benchmark Employee Compensation

Non-Employee Board Members

Abram Tubbs Start 924
Chair-Elect
Chip Reeves
Board Member
Clarissa Wing
Board Member
Greg Post
Board Member
Jeff Juergens
Board Member
Jim Plagge
Chair
John Nelson End 924
Board Member
Julie Williams
Board Member
Mary Kay Bates
Former Chair
Matt Lujano End 924
Former Chair
Matt Morris Start 924
Board Member
Melissa Spurgin
Treasurer

Contractors

Iowa Bankers Insurance and Services Inc.
Management
$2,905,000

Mission Statement

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

Revisions to this organization profile

October 3, 2025:
2024 Iowa Bankers Association 990 filed
September 5, 2024:
2023 Iowa Bankers Association 990 filed
October 26, 2023:
2022 Iowa Bankers Association 990 filed

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