Overview
What is Credit Unions Building Financial Independence Inc?
Credit Unions Building Financial Independence Inc, abbreviated as CUBFI, is a charitable organization based in Clinton, Connecticut, specifically at 24 WEST MAIN STREET 109. As the philanthropic arm of the Credit Union League of Connecticut, CUBFI's primary mission is to assist Connecticut residents and communities in achieving financial stability and security. To accomplish this, CUBFI initiates various programs that focus on financial education, professional development, and assistance initiatives. Notably, CUBFI collaborates with Credit Unions and CULCT to offer hands-on experiences to students, enabling them to learn how to manage their finances effectively. By doing so, CUBFI strives to empower individuals and communities, helping them build and maintain financial independence.
Official website here: www.culct.coop/credit-unions-building-fin
Is Credit Unions Building Financial Independence Inc legitimate?
Credit Unions Building Financial Independence Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Credit Unions Building Financial Independence Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Other Salaries and Wages: $5,000
For more financial information, click here
Official website here: www.culct.coop/credit-unions-building-fin
What is the mission statement of Credit Unions Building Financial Independence Inc?
Credit Unions Building Financial Independence Inc, serving as the charitable arm of the Credit Union League of Connecticut, aims to assist Connecticut residents and communities in achieving financial stability and security. They accomplish this mission through various initiatives, including financial education, professional development programs, and assistance efforts. Moreover, Credit Unions Building Financial Independence Inc collaborates with credit unions and other organizations to help individuals build and maintain independence. As part of their activities, they offer hands-on experiences for students, teaching them how to live within their financial means successfully.
Official website here: www.culct.coop/credit-unions-building-fin
Who is the CEO of Credit Unions Building Financial Independence Inc?
Bruce Adams is the Board Chair of Credit Unions Building Financial Independence Inc.
Official website here: www.culct.coop/credit-unions-building-fin
What is the revenue of Credit Unions Building Financial Independence Inc?
Credit Unions Building Financial Independence Inc's revenue in 2022 was $117,980.
Official website here: www.culct.coop/credit-unions-building-fin
Who are the executives of Credit Unions Building Financial Independence Inc and what are their salaries?
There 12 volunteers at Credit Unions Building Financial Independence Inc.
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Official website here: www.culct.coop/credit-unions-building-fin
Where can I find the form 990 for Credit Unions Building Financial Independence Inc?
Credit Unions Building Financial Independence Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.culct.coop/credit-unions-building-fin
Learn more at the official website: www.culct.coop/credit-unions-building-fin
Mission Statement of Credit Unions Building Financial Independence Inc
Credit Unions Building Financial Independence Inc, the charitable arm of the Credit Union League of Connecticut, is dedicated to assisting Connecticut residents and communities in achieving financial stability and security. Through various assistance initiatives, financial education programs, professional development courses, and supporting credit unions in their efforts, CUBFI aims to help individuals build and maintain their independence. By collaborating with credit unions and the Credit Union League of Connecticut (CULCT), CUBFI offers hands-on experiences to students, enabling them to learn effective financial management skills.
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Impact
October, 2024
Credit Unions Building Financial Independence Inc (CUBFI) plays a vital role in empowering Connecticut residents to achieve financial stability and security. Through collaborative initiatives involving local credit unions, CUBFI offers hands-on experiences that equip students and community members with essential financial skills. Their programs focus on educating individuals on how to effectively manage their finances and live within their means, ultimately fostering a culture of financial responsibility.
By providing professional development programs and financial education, CUBFI not only supports individual growth but also strengthens communities across Clinton and beyond. Their efforts ensure that residents can build and maintain independence, while also helping credit unions to enhance their community outreach and educational capabilities. Through these initiatives, CUBFI significantly impacts the financial wellness of individuals, promoting a brighter, more secure future for all whom they serve.
This information is meant to be a general summary of Credit Unions Building Financial Independence Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,532
- Gross Receipts: $233,043
Assets and Liabilities:
- Total Assets: $539,239
- Total Liabilities: $111,004
- Net Assets: $428,235
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Organization Details
Founding Year
1980
Phone
(203) 265-5657Principal Officer
Bruce Adams
Main Address
24 WEST MAIN STREET 109, CLINTON, CT, 06413
NTEE Category
Code: W60 - Public benefit
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