Executive Compensation at the American Bankers Association (ABA) 2022
The American Bankers Association (ABA) is a non-profit 501 (c) (6) organization – “a business league that pushes advocacy, provides education, products, and solutions to its membership and the financial services industry.” In other words, the ABA is a tax-exempt association for banks, savings and loans, and trust companies. Based in Washington, DC the ABA engages in lobbying, works to establish banking standards, and educates the public and its members.
While some people think of non-profits as almost an afterthought, the ABA is anything but insignificant. The ABA raises more than $140 million annually, typically spends less than it brings in, and has accumulated$ 573 million in net assets – a $450 million increase over the previous year due to a windfall on the income statement in 2022 referred to as “transaction fees.” Read more 
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