Program areas at Credit Unions Building Financial Independence
Collaborative effort by Credit Unions, cubfi, and culct to provide hands-on experience to students to learn how to live within their Financial means successfully.
Collaborative effort by Credit Unions and the cubfi organizations to raise additional monetary donations to support non-profit organziations (e.g. The ct food bank, foodshare, and operation fuel, Inc.)
To provide fundraising opportunities to Credit union members in order to provide grants to state not-for-profit organizations.
Grants made by Credit Unions Building Financial Independence
| Grantee | Grant description | Grant year | Amount |
|---|
| Camp Courant | Donation | 2021-12 | $15,000 |
Who funds Credit Unions Building Financial Independence
Grants from foundations and other nonprofits
Personnel at Credit Unions Building Financial Independence
| Name | Title | Compensation | Date of data |
|---|
| David Hinchey | Executive Director | $0 | 2022-12-31 |
| Bruce Adams | President | $0 | 2023-09-28 |
| Paul Dorner | Trustee | $0 | 2017-12-31 |
| Nicholas Moalli | Past Treasurer | $0 | 2017-08-25 |
Financials for Credit Unions Building Financial Independence
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $29,842 | $55,910 | -46.6% |
| Program services | $4,000 | $0 | 999% |
| Investment income and dividends | $5,320 | $1,532 | 247.3% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $29,698 | $25,510 | 16.4% |
| Net income from gaming activities | $41,331 | $35,028 | 18% |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $85 | $0 | 999% |
| Total revenues | $110,276 | $117,980 | -6.5% |
Organizations like Credit Unions Building Financial Independence
| Organization | Type | Location | Revenue |
|---|
| Wisconsin Credit Union Foundation | 501(c)(3) | Madison, WI | $210,489 |
| Fulton Public Schools Foundation Jennifer | 501(c)(3) | Fulton, MO | $77,826 |
| Beechwood Alumni Association | 501(c)(3) | Fort Mitchell, KY | $99,152 |
| Kiwanis Club of Southampton Town Foundation | 501(c)(3) | Southampton, NY | $217,155 |
| Keller Band Boosters | 501(c)(3) | Keller, TX | $325,147 |
| Rotary Club of Longwood Foundation | 501(c)(3) | Kennett Square, PA | $103,731 |
| St Ann Society of Norwalk | 501(c)(3) | Norwalk, CT | $105,271 |
| Pinal 40 | 501(c)(3) | Casa Grande, AZ | $206,080 |
| East Side Union High School District Education Foundation | 501(c)(3) | San Jose, CA | $218,389 |
| Lockport Womans Club | 501(c)(3) | Lockport, IL | $86,262 |
Data update history
December 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 1, 2023
Updated personnel
Identified 2 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2023
Updated personnel
Identified 11 new personnel
May 24, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Civic / social organizationsCredit unionsCharities
Issues
EducationHunger
Characteristics
Provides grantsPartially liquidatedFundraising eventsState / local levelProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employees
General information
- Address
- 24 W Main St 109
- Clinton, CT 06413
- Metro area
- Hartford-East Hartford-Middletown, CT
- County
- Lower Connecticut River Valley Planning Region, CT
- Phone
- (203) 265-5657
IRS details
- EIN
- 06-1029942
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1980
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- W60: Financial Institutions, Credit Unions
- NAICS code, primary
- 813410: Civic and Social Organizations
- Parent/child status
- Independent
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