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Filing year 2023

Connecticut Bankers Association

Farmington, Connecticut·EIN 06-0550070·6
Total revenue
$4M
Total assets
$13.3M
Total expenses
$3.5M
Reported officers
17
Mission

The mission of the Connecticut Bankers Association is to represent the financial institutions in the State of Connecticut and to serve as the voice of its members in matters of their common interest.The Connecticut Bankers Association shall support and promote legislative and regulatory actions at the state and federal level that benefit the general welfare of its member institutions, the banking industry and the people of the State of Connecticut.The Connecticut Bankers Association shall encourage and facilitate the interchange of information and ideas among its members. The Association shall serve the collective needs of its members through development of educational programs and providing cost-effective services

Executive compensation, broken down

Form 990 · Schedule J · 4 reported individuals · Filing year 2023

$416k
$464k
Base
$288k
Bonus
$81k
Other
$8k
Benefits
$5k
Svp, General Counsel, Secretary
senior vice president
$290k
$323k
Base
$193k
Bonus
$42k
Other
$1k
Benefits
$24k
Vp, Director of Education
vice president
$185k
$206k
Base
$113k
Bonus
$28k
Other
$2k
Benefits
$24k
$60k
$67k

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 13 unpaid individuals.

Up 12%
from 2022

From $370k in 2022 to $416k in 2023.

$370k
2022
$416k
2023
In today's dollarsEst.
Up 9% in real terms$428k to $464k

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.

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

Revenue and expenses over time

Connecticut Bankers Association reported revenue and expenses across 2 filing years.

RevenueExpenses
$11.7M
$3M
2022
$4M
$3.5M
2023
Total revenue and total expenses from IRS Form 990 filings.
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