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Nonprofit · EIN 52-1682441

BANK INFORMATION CENTER

Tax-exempt · WASHINGTON, DC 20005

Financials

$2.9M$2.8M2023$1.9M$2.8M2024
Revenue Expenses · by fiscal year end
Financials of BANK INFORMATION CENTER by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,883,755$2,756,815-$873,060$3,011,607$1,944,897$1,066,710
December 31, 2023990$2,911,758$2,767,021$144,737$3,138,226$1,213,098$1,925,128
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,812,578
Program service revenue
$19,200
Investment income
$37,454
Other revenue
$14,523

Expenses

Grants and similar amounts paid
$204,375
Compensation of officers, directors and key employees
$178,402
Other salaries and wages
$851,245
Salaries, compensation and benefits (total)
$1,371,169
Professional fundraising fees
$0
Accounting fees
$60,942
Occupancy
$204,236
Travel
$148,657
Depreciation
$729
Program services (functional)
$2,532,451
Management and general (functional)
$183,410
Fundraising (functional)
$40,954

Balance sheet and other

Total assets, start of year
$3,138,226
Total assets, end of year
$3,011,607
Total liabilities, end of year
$1,944,897
Net assets, end of year
$1,066,710
Land, buildings and equipment
$30,744
Publicly traded securities
$553,988
Net assets without donor restrictions
$78,385
Net assets with donor restrictions
$988,325
Gross receipts
$1,883,755
Employees
12
Volunteers
8
Year formed
1998
State of legal domicile
DC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ELANA BERGEREXECUTIVE DIRECTOR
Officer
40$143,063$35,339
PAULINA GARZO DE JOCHNICKDIRECTOR LATIN AMERICA SUSTAINABLE
Highest-paid employee
40$129,600$10,368
KYLE ASHCLIMATE AND ADVOCACY DIRECTOR
Highest-paid employee
40$107,382$29,015
JUDY GEARHARTBOARD CHAIR
Trustee or director, Officer
1$0$0
STEWART ROSSTREASURER
Trustee or director, Officer
1$0$0
KINDRA MOHRBOARD MEMBER
Trustee or director
1$0$0
EDSON NGIRABAKUNZIBOARD MEMBER
Trustee or director
1$0$0
FATUMA IBRAHIMBOARD MEMBER
Trustee or director
1$0$0
GUNILLA OLSSONBOARD MEMBER
Trustee or director
1$0$0
TRACI ROMINEBOARD MEMBER
Trustee or director
1$0$0
JULIA NEIVABOARD MEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
ELANA BERGERExecutive Dir.
Trustee or director
40$146,738
GUNILA OLSSONBOARD MEMBER
Trustee or director
1$0
FATUMA IBRAHIMBOARD MEMBER
Trustee or director
1$0
MARTI FLACKSBOARD MEMBER
Trustee or director
1$0
STEWART ROSSTreasurer
Trustee or director
1$0
JOSHUA LICHTENSTEINChairman
Trustee or director
1$0
IMAD SADIBOARD MEMBER
Trustee or director
1$0
JUDY GEARHARTBOARD MEMBER
Trustee or director
1$0
KINDRA MOHRBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1030 15TH ST NW STE 590, WASHINGTON, DC 20005-1503
In care of
% THE ORGANIZATION
Principal officer (990 for 2024)
ELANA BERGER, 1023 15TH ST NW 10TH FLOOR, WASHINGTON, DC 20005
Signed the 990
ELANA BERGER, EXECUTIVE DIRECTOR
Phone
(202) 737-7752
Return prepared by
GELMAN ROSENBERG & FREEDMAN

Mission

THE BANK INFORMATION CENTER'S MISSION IS TO PROMOTE SOCIAL, ECOLOGICAL AND ECONOMIC JUSTICE BY AMPLIFYING LOCAL VOICES AND DEMOCRATIZING DEVELOPMENT. BIC ADVOCATES FOR GREATER TRANSPARENCY, ACCOUNTABILITY, SUSTAINABILITY, AND INCLUSION AT THE MULTILATERAL DEVELOPMENT BANKS.

990 for the year ended December 31, 2024

Program accomplishments

  • ENVIRONMENT: THE PROGRAM WORKS TO ENSURE THAT MDBS SUPPORT POSITIVE ACTION ON CLIMATE AND FORESTS, INCORPORATING ENVIRONMENTAL SUSTAINABILITY, AND PEOPLE'S RIGHTS TO A LIVABLE ENVIRONMENT, THROUGHOUT THEIR WORK.
    Expenses $743,529 · grants $75,661
  • SOCIAL INCLUSION: THE PROGRAM WORKS SPECIFICALLY TO IMPROVE IFI (INTERNATIONAL FINANCE INSTITUTION) GOVERNANCE AND OPERATIONS BY PRIORITIZING THE INCLUSION OF MARGINALIZED GROUPS, THE PROTECTION OF THEIR RIGHTS, AND THEIR EQUAL ACCESS TO PROJECT BENEFITS. BIC'S ADVOCACY CURRENTLY FOCUSES OF THREE MARGINALIZED GROUPS THAT HAVE BEEN HISTORICALLY OVERLOOKED BY IFIS: CHILDREN, WOMEN AND PERSONS WITH DISABILITIES.
    Expenses $636,396 · grants $89,512 · revenue $19,200
  • POLICY: THE PROGRAM WORKS TOWARD IMPROVED POLICIES AT THE IFIS, PRIMARILY IN THE AREA OF STRONGER ENVIRONMENTAL AND SOCIAL STANDARDS, STRONGER ACCOUNTABILITY FRAMEWORKS, AND IMPROVED OPPORTUNITIES FOR STAKEHOLDER ENGAGEMENT. BICS STRATEGIC FOCUS WILL REMAIN ON THE WORLD BANK GROUP, AS THE PRIMARY STANDARD SETTER FOR IFIS, BUT WILL ALSO RESPOND TO OPPORTUNITIES AT REGIONAL DEVELOPMENT BANKS AND KEY TRUST FUNDS TO STRENGTHEN POLICIES ACROSS INSTITUTIONS IN AN EFFORT TO SUPPORT UPWARD HARMONIZATION OF STANDARDS.
    Expenses $211,968 · grants $26,702
  • SPECIAL PROJECTS
    Expenses $525,246 · grants $12,500
  • GENERAL PROGRAMS
    Expenses $415,312

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
52-1682441
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1990
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Unknown (Z99Z)
Assets (IRS master file)
$3,011,607
Income (IRS master file)
$1,883,755

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,883,755$2,756,815$3,011,607IRS
990December 2023$2,911,758$2,767,021$3,138,226XML
990December 2022$1,503,355$2,510,072$3,158,517IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-1682441).

Questions about BANK INFORMATION CENTER

What is the EIN of BANK INFORMATION CENTER?
The employer identification number (EIN) of BANK INFORMATION CENTER is 52-1682441.
Is BANK INFORMATION CENTER tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
Are donations to BANK INFORMATION CENTER tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BANK INFORMATION CENTER file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BANK INFORMATION CENTER due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BANK INFORMATION CENTER last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BANK INFORMATION CENTER?
The 990 for the year ended December 31, 2024 names ELANA BERGER.
Who are the officers and directors of BANK INFORMATION CENTER?
The 990 for the year ended December 31, 2024 lists 11 people; 3 received compensation from the organization, the highest $143,063 (ELANA BERGER, EXECUTIVE DIRECTOR).
How much revenue does BANK INFORMATION CENTER have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,883,755, expenses of $2,756,815 and total assets of $3,011,607 at year end.

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