Center For Financial Training International Inc (Cftintl)

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

EIN: 591293887 ✦ Miami, FL ✦ Designated as a 501(c)(3)

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Overview

What is Center For Financial Training International Inc (Cftintl)?

Center for Financial Training International Inc, based in Miami, Florida, is a distinguished nonprofit organization catering primarily to public cooperatives and veterans. Their primary mission is centered around education, aiming to promote learning and development in the financial sector. The organization serves as a professional society, providing opportunities for growth and knowledge enhancement.


Official website here: www.mdc.edu/sfcft

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Star rating)

The Center For Financial Training International Inc (Cftintl) has earned a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. This rating is based on a perfect score of 100% in the Accountability & Finance category, which reflects the organization's commitment to responsible financial management and transparency.

Cftintl demonstrates strong governance practices, with an entirely independent board of members. The organization has a solid financial structure, highlighted by a low liabilities to assets ratio of 5.29% and an impressive program expense ratio of 94.92%, signifying that most of its resources are allocated towards its programs rather than administrative costs. Additionally, the charity has robust policies in place, such as a conflict of interest policy and documented board meeting minutes.

However, one notable limitation is the absence of a whistleblower policy, which could potentially affect its governance practices. While this aspect detracts slightly from its overall score, Cftintl's strong emphasis on accountability and financial integrity remains a significant strength, positioning it as a reliable organization for potential donors and supporters.


This AI summary has been generated from information found on Charity Navigator.

Is Center For Financial Training International Inc (Cftintl) legitimate?

Center For Financial Training International Inc (Cftintl) is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center For Financial Training International Inc (Cftintl) 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: $130,380
Professional Fundraising Fees: $0
Other Salaries and Wages: $66,432

For more financial information, click here


Official website here: www.mdc.edu/sfcft

What is the mission statement of Center For Financial Training International Inc (Cftintl)?

The Center for Financial Training International is committed to education as its primary mission. This organization, operating as a public co-op or veteran association, strives to advance knowledge and skills in the financial sector. Their goal is to contribute to the professional growth of individuals by providing them with the necessary educational resources. By doing so, the Center for Financial Training International aims to empower individuals with the financial expertise required to excel in their respective fields.


Official website here: www.mdc.edu/sfcft

Who is the CEO of Center For Financial Training International Inc (Cftintl)?

Connie Laguna is the President An of Center For Financial Training International Inc (Cftintl).


Official website here: www.mdc.edu/sfcft

What is the revenue of Center For Financial Training International Inc (Cftintl)?

Center For Financial Training International Inc (Cftintl)'s revenue in 2022 was $1,096,616.


Official website here: www.mdc.edu/sfcft

Who are the executives of Center For Financial Training International Inc (Cftintl) and what are their salaries?

The average compensation at Center For Financial Training International Inc (Cftintl) during 2022 was $49,203. There are 4 employees at Center For Financial Training International Inc (Cftintl).


Here are 40 key members and their salaries:


Connie Laguna (President An)
  • Compensation: $130,380
  • Related: $0
  • Other: $0
Omar Arab (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Guillermo Benites (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claire Bergquist (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shari Bower (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Bustillo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juan Del Busto (Advisory)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammi Calvo-Sanchez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Candelario (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Simon Cruz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jose E Cueto (President -)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juan C Cueto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lloyd Devaux (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andres Fernandez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos R Fernandez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Asnardo Garro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica M Goldberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ricardo Gomez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Gonzalez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Hicks (Advisory)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abel L Iglesias (Advisory)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maritza Jaime (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jose M Lacasa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Mancini (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian San Miguel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jorge Morera (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roberto R Munoz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pedro Raul Parra (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Pineda (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lettie Pino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pablo Pino (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Pruna (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Madelilne Pumariega (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gladys Reed (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cairo Rivera (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Ruga (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mario J Sacasa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mariola Triana Sanchez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pablo Vallejo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lourdes Rey Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mdc.edu/sfcft

Where can I find the form 990 for Center For Financial Training International Inc (Cftintl)?

Center For Financial Training International Inc (Cftintl)'s most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mdc.edu/sfcft

Learn more at the official website: www.mdc.edu/sfcft

Mission Statement of Center For Financial Training International Inc (Cftintl)

The Center for Financial Training International, as a public cooperative or veteran organization professional society, is committed to the mission of education. This mission is centered around providing knowledge and skills to individuals, fostering a learning environment that empowers them to excel in their respective financial fields. The organization's focus on education is aimed at equipping professionals with the necessary tools and understanding to navigate the complex world of finance.

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Impact




July, 2024

CFTI has a significant impact through its educational programs, providing valuable training in the field of finance. Its mission to offer education is reflected in the professional society it has established, benefiting individuals seeking to enhance their financial knowledge and skills. The organization's focus on public benefit underscores its commitment to empowering individuals and contributing to the overall advancement of the finance sector.




This information is meant to be a general summary of Center For Financial Training International Inc (Cftintl). 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
$1,096,616 (2022)
Expenses
$876,214 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,236
  • Program Service Revenue: $1,021,885
  • Gross Receipts: $1,096,616

Assets and Liabilities:

  • Total Assets: $1,231,501
  • Total Liabilities: $124,525
  • Net Assets: $1,106,976

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Programs

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

TUITION

Revenue

$909,949

FORUMS AND SEMINARS

Revenue

$72,246

BANK MEMBERSHIP

Revenue

$35,100

TEXTBOOK FEE

Revenue

$4,545

TRANS/CR. EVAL./DIPLOMA

Revenue

$45

Organization Details

Founding Year

1979

Principal Officer

Connie Laguna

Main Address

245 NE 4TH STREET 3704-1, MIAMI, FL, 33132

NTEE Category

Code: W03 - Public benefit

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