CSCharityScored
83

Connecticut Bankers Association

Other · Farmington, Connecticut

10 Waterside Dr, Farmington, CT 06032-3056

EIN: 060550070· Founded: May 1945· 81 years active· Filing Year: 2023

Annual Revenue

$11.7M

Total Expenses

$3.0M

Total Assets

$12.9M

Program Spending

90%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$370K

12.2% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$764K

Total Payroll

$1.1M

37% of total expenses

Where the Money Goes

90%
Programs: 90%
Payroll: 37%
Other overhead: 10%
Program Revenue$2.7M (23%)
Total Expenses$3.0M (26%)
Payroll$1.1M (37%)
Overhead (non-program)10%

Trust Score Breakdown

Program Spending Ratio

90% of expenses go to programs

40%

Revenue & Stability

$11.7M annual revenue

15%

Executive Compensation

$370K total officer comp (12.2% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$12.9M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.