Connecticut Community Bankers Association

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

EIN: 223050651 ✦ Milford, CT ✦ Designated as a 501(c)(6)

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Overview

What is Connecticut Community Bankers Association?

The Connecticut Community Bankers Association (CCBA) is a nonprofit organization situated in Milford, Connecticut. Its primary objective is to promote professional excellence within the banking sector. By offering a platform for bankers to share ideas and experiences, CCBA fosters an environment that enhances the professional growth of its members at various levels. The association actively collaborates with other professional organizations, aiming to mutually benefit and develop its members. CCBA serves as a liaison with regulators, striving to foster a mutual understanding of the challenges facing the banking industry. Overall, CCBA's mission is to encourage the continuous improvement of sound business practices among its members, ultimately helping them to better serve their local communities.


Official website here: www.ctcba.com

Is Connecticut Community Bankers Association legitimate?

Connecticut Community Bankers Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Connecticut Community Bankers Association 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ctcba.com

What is the mission statement of Connecticut Community Bankers Association?

The Connecticut Community Bankers Association (CCBA) is dedicated to fostering an environment where bankers can refine and share their ideas and experiences. With a focus on promoting sound business principles, the association aims to help its members serve their local communities, which primarily consist of families and small businesses, more effectively. The CCBA upholds high standards of professional conduct and offers programs to enhance the expertise of bankers at various levels. Additionally, the association collaborates with other professional organizations, fostering mutual growth and development for its members. It also establishes channels for dialogue with regulators, aiming to build a shared understanding of the challenges facing the banking industry.


Official website here: www.ctcba.com

Who is the CEO of Connecticut Community Bankers Association?

Susan Shields is the President of Connecticut Community Bankers Association.


Official website here: www.ctcba.com

What is the revenue of Connecticut Community Bankers Association?

Connecticut Community Bankers Association's revenue in 2022 was $329,367.


Official website here: www.ctcba.com

Who are the executives of Connecticut Community Bankers Association and what are their salaries?

There 12 volunteers at Connecticut Community Bankers Association.


Here are 12 key members and their salaries:


Richard J Cantele Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin J Geitz (Director (Part Year))
  • Compensation: $0
  • Related: $0
  • Other: $0
George W Hermann (Director (Part Year))
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen L Lewis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Reilly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Rotatori (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Weinstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Shields (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy P Geelan (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Morgado (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Abramowitz (Secretary (Part Year))
  • Compensation: $0
  • Related: $0
  • Other: $0
Lesa Vanotti (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ctcba.com

Where can I find the form 990 for Connecticut Community Bankers Association?

Connecticut Community Bankers Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ctcba.com

Learn more at the official website: www.ctcba.com

Mission Statement of Connecticut Community Bankers Association

The Connecticut Community Bankers Association (CCBA) is dedicated to fostering a platform where bankers can share ideas and experiences, aiming to improve their proficiency and better serve their local communities, which primarily consist of families and small businesses. This nonprofit organization is committed to upholding the highest standards of ethical business practices among its members. To achieve this, the CCBA organizes programs that enhance the professional development of bankers at various levels, while also collaborating with other professional organizations for the collective growth and advancement of its members. Furthermore, the CCBA facilitates communication with regulatory bodies, aiming to establish a mutual comprehension of the challenges faced by the banking industry.

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Impact




October, 2024

The Connecticut Community Bankers Association (CCBA) significantly impacts the banking landscape by fostering collaboration and knowledge-sharing among bankers. By providing a platform for discussion, CCBA allows bankers to exchange ideas and experiences, thereby enhancing their professional expertise. This commitment to professional development ensures that bankers operate with the highest standards of conduct, benefiting not just the banks themselves, but also the families and small businesses they serve.

CCBA actively promotes safe and sound business principles, which are crucial for maintaining stability in the financial community. Additionally, their cooperation with other professional organizations and regulators fosters a mutual understanding of industry challenges, enabling members to navigate complex issues effectively. Overall, the CCBA is instrumental in supporting community improvement initiatives that strengthen local economies.




This information is meant to be a general summary of Connecticut Community Bankers Association. 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
$329,367 (2022)
Expenses
$246,334 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,368
  • Program Service Revenue: $327,999
  • Gross Receipts: $329,367

Assets and Liabilities:

  • Total Assets: $416,371
  • Total Liabilities: $7,026
  • Net Assets: $409,345

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Meetings/conventions

Revenue

$223,969

Membership dues

Revenue

$104,030

Organization Details

Founding Year

1993

Principal Officer

Susan Shields

Main Address

co Milford Bank 33 Broad Street, Milford, CT, 06460

NTEE Category

Code: S20 - Community improvement

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