CLINTON, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CREDIT UNIONS BUILDING FINANCIAL INDEPENDENCE INC, founded in 1980, is a small nonprofit that reported $110K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $45K, a strong 40% operating margin.
AS THE CHARITABLE ARM OF THE CREDIT UNION LEAGUE OF CONNECTICUT, CUBFI SERVES CONNECTICUT RESIDENTS AND COMMUNITIES IN ORDER TO HELP THEM BUILD AND MAINTAIN INDEPENDENCE THROUGH ASSISTANCE INITIATIVES, FINANCIAL EDUCATION, PROFESSIONAL DEVELOPMENT PROGRAMS, AND HELPING CREDIT UNIONS TO DO THE SAME.
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.
TO PROVIDE FUNDRAISING OPPORTUNITIES TO CREDIT UNION MEMBERS IN ORDER TO PROVIDE GRANTS TO STATE NOT-FOR-PROFIT ORGANIZATIONS.
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...
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.)
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $110,276 | $117,980 | -0.1% |
| Expenses | $65,727 | $72,182 | -0.1% |
| Net Income | $44,549 | $45,798 | 0.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| SABRINA DEFAZIO | CHAIRMAN | 1.00 |
Director
|
$0 | $0 | $0 |
| HENRY BAUM | VICE CHAIRMAN | 1.00 |
Director
|
$0 | $0 | $0 |
| TERESA KNOX | SECRETARY/TREASURER | 1.00 |
Director
|
$0 | $0 | $0 |
| KATHY CHARTIER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANNETTE JANOVIC | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDREW KLIMKOSKI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOANNE TODD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MATT BALDINI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| HANK PETROSKEY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MATT STANEK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MEG MARTELLOTTA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRIS MAYNARD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVEN HERNANDEZ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BRUCE ADAMS | PRESIDENT/CEO | 1.00 |
Officer
|
$0 | $11,766 | $263,549 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $110,276 | $65,727 | $678,668 | $44,549 |
| 2022 | $117,980 | $72,182 | $539,239 | $45,798 |
| 2021 | $148,162 | $112,289 | $501,642 | $35,873 |
Compare CREDIT UNIONS BUILDING FINANCIAL INDEPENDENCE INC with other nonprofits in Connecticut and across the country.