Bank Compliance Association Of Connecticut Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 061257568 ✦ Farmington, CT ✦ Designated as a 501(c)(6)

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Overview

What is Bank Compliance Association Of Connecticut Inc?

Bank Compliance Association of Connecticut Inc is a nonprofit organization committed to offering top-notch and cost-effective compliance education to financial institutions, not just in Connecticut, but also beyond its borders. With a strong focus on education, the association has successfully organized and conducted nine educational programs, attracting an average audience of around 40 attendees. Their mission is to empower financial institutions with the necessary knowledge to navigate compliance requirements effectively.


Official website here: www.bcac-ct.org

Is Bank Compliance Association Of Connecticut Inc legitimate?

Bank Compliance Association Of Connecticut Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Bank Compliance Association Of Connecticut Inc submitted a form 990EZ, 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.


Official website here: www.bcac-ct.org

What is the mission statement of Bank Compliance Association Of Connecticut Inc?

The Bank Compliance Association of Connecticut aims to deliver top-notch and cost-effective compliance education to financial institutions, not just in Connecticut, but also beyond its borders. They have successfully organized nine educational programs, attracting an average of around 40 attendees each time. The association's primary goal is to equip these financial institutions with the necessary compliance knowledge to operate effectively and adhere to regulations.


Official website here: www.bcac-ct.org

Who is the CEO of Bank Compliance Association Of Connecticut Inc?

Cheri L Bilodeau-Barton is the President of Bank Compliance Association Of Connecticut Inc.


Official website here: www.bcac-ct.org

What is the revenue of Bank Compliance Association Of Connecticut Inc?

Bank Compliance Association Of Connecticut Inc's revenue in 2022 was $36,126.


Official website here: www.bcac-ct.org

Who are the executives of Bank Compliance Association Of Connecticut Inc and what are their salaries?


Here are 10 key members and their salaries:


Cheri L Bilodeau-Barton (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David A Larocque (First Vp/Vp, Member Experience)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Siegel (Vp Legal Counsel/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Faircloth (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thecla Kirby (Vp, Membership)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernadette Carver (Avp, Education)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Cusano (Avp, Education)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly R Hatfield (Avp, Education)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Lundy (Avp, Education)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Pinkowish (Avp, Education)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bcac-ct.org

Where can I find the form 990EZ for Bank Compliance Association Of Connecticut Inc?

Bank Compliance Association Of Connecticut Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.bcac-ct.org

Learn more at the official website: www.bcac-ct.org

Mission Statement of Bank Compliance Association Of Connecticut Inc

The Bank Compliance Association of Connecticut is dedicated to offering top-notch and cost-effective compliance education to financial institutions, not just within Connecticut, but also beyond its borders. Through its initiatives, the association has organized and conducted nine educational programs, attracting an average of 40 attendees per event. The primary aim of these programs is to equip financial institutions with the necessary knowledge and skills to comply with regulatory requirements, thereby ensuring their operations remain compliant and secure. By providing this service, the Bank Compliance Association of Connecticut plays a crucial role in fostering a secure and compliant financial environment.

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Impact




October, 2024

Bank Compliance Association of Connecticut Inc. significantly enhances the compliance landscape for financial institutions by delivering high-quality and affordable education. By facilitating nine educational programs, the association has fostered a community of learning and professional development, with an average attendance of about 40 participants per session. This engagement not only equips institutions with the knowledge required to navigate complex regulatory environments but also cultivates a culture of compliance within the financial sector. Through its mission, the association strengthens the foundation of trust and accountability in financial practices, ultimately benefiting the wider community and promoting responsible banking operations in Connecticut and beyond.




This information is meant to be a general summary of Bank Compliance Association Of Connecticut 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.

Revenue
$36,126 (2022)
Expenses
$22,423 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $103
  • Program Service Revenue: $30,365
  • Gross Receipts: $36,126

Assets and Liabilities:

  • Total Assets: $78,112
  • Total Liabilities: $0
  • Net Assets: $78,112

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Organization Details

Principal Officer

Cheri L Bilodeau-Barton

Main Address

10 WATERSIDE DRIVE 300, FARMINGTON, CT, 06032

NTEE Category

Code: S40 - Community improvement

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