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Filing year 2023

CENTER FOR FINANCIAL TRAINING INC

Farmington, Connecticut·EIN 06-1367018·NTEE B60Z · Education·501(c)(3)
Total revenue
$1.4M
Total assets
$986k
Total expenses
$1.4M
Reported officers
10
Mission

THE CENTER FOR FINANCIAL TRAINING IS DEDICATED TO PROVIDING PROFESSIONALLY ADMINISTERED BANKER EDUCATION AND TRAINING THAT CONTINUALLY MEETS THE EDUCATIONAL NEEDS OF BANK, CREDIT UNION, AND OTHER EMPLOYEES IN THE FINANCIAL SERVICES INDUSTRY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Connecticut.

President & CEO
75th to 90th percentile
$239k
$266k
Base
$200k
Bonus
Other
Benefits
$26k
Assistant Vice President
Vice President
25th percentile to medianvs Education peers nationwide
$111k
$123k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at CENTER FOR FINANCIAL TRAINING INC equaled 17% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
17%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Held steady
from 2022

From $240k in 2022 to $239k in 2023.

$240k
2022
$239k
2023
In today's dollarsEst.
Down 4% in real terms$277k to $266k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay held roughly steady from 2022 to 2023, while revenue fell 3%.

$240k in 2022 to $239k in 2023.
  • Vice President pay rose 4% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about CENTER FOR FINANCIAL TRAINING INC

What does the Chief Executive Officer of CENTER FOR FINANCIAL TRAINING INC earn?

In 2023, the Chief Executive Officer of CENTER FOR FINANCIAL TRAINING INC received $238,681 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in Connecticut, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at CENTER FOR FINANCIAL TRAINING INC compare with similar nonprofits?

Compared with the same role at Education organizations in Connecticut, the 2023 pay of the Chief Executive Officer at CENTER FOR FINANCIAL TRAINING INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at CENTER FOR FINANCIAL TRAINING INC equaled 17% of the organization's total expenses. The median for education organizations is 7%.

What are CENTER FOR FINANCIAL TRAINING INC's revenue and expenses?

In 2023, CENTER FOR FINANCIAL TRAINING INC reported $1.4M in total revenue and $1.4M in total expenses on its IRS Form 990.

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