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Connecticut Bankers Association

Trade
Trade Association · FARMINGTON, CT · EIN 06-0550070

About

The mission of the Connecticut Bankers Association is to represent the financial institutions in the State of Connecticut and to serve as the voice of its members in matters of their common interest.The Connecticut Bankers Association shall support and promote legislative and regulatory actions at the state and federal level that benefit the general welfare of its member institutions, the banking industry and the people of the State of Connecticut.The Connecticut Bankers Association shall encourage and facilitate the interchange of information and ideas among its members. The Association shall serve the collective needs of its members through development of educational programs and providing cost-effective services

Donations are NOT tax-deductible
Category
Trade Association
Employees
12
Volunteers
13

Financial Snapshot

FY ending 2024-07-31
Revenue
$4.0M
Expenses
$3.5M
Assets
$13.3M
Liabilities
$2.2M

Financial history

$11.7M$5.8M$0
1718192021222324
RevenueExpenses
Latest FY2024: $4.0M · Peak FY2023: $11.7M · Avg: $4.5M
CONNECTICUT BANKERS ASSOCIATION
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Address

10 Waterside DR
Farmington, CT, 06032-305

Governance

Voting board members11
Independent members10
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Public records
ProPublica Nonprofit Explorer ↗
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IRS Tax Exempt Organization Search ↗
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