HELLENIC AMERICAN BANKERS ASSOCIATION INC

EIN: 133170183

NEW YORK, NY

Total Revenue
$197,950
Total Expenses
$161,089
Total Assets
$320,972
Net Assets
$320,972
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
NY
Principal Officer
CONSTANTINOS A KELLAS
Phone
2124211057
Tax Period
2023-07-01 to 2024-06-30

HELLENIC AMERICAN BANKERS ASSOCIATION INC, founded in 1992, is a small nonprofit that reported $198K in total revenue in fiscal year 2023. Revenue surged 75% from the prior year, signaling strong growth momentum. The organization ran a surplus of $37K, a strong 19% operating margin.

Mission

THE HELLENIC AMERICAN BANKERS ASSOCIATION , INC (HABA) IS A NOT- FOR-PROFIT ORGANIZATION ESTABLISHED IN 1982 TO PROMOTE THE PROFESSIONAL AND EDUCATIONAL INTEREST OF GREEK-AMERICANS IN THE BANK AND FINANCE INDUSTRIES.

Program Service Accomplishments

Program 1

THE HELLENIC AMERICAN BANKERS ASSOCIATION , INC (HABA) IS A NOT- FOR-PROFIT ORGANIZATION ESTABLISHED IN 1982 TO PROMOTE THE PROFESSIONAL AND EDUCATIONAL INTEREST OF GREEK-AMERICANS IN THE BANK AND...

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THE HELLENIC AMERICAN BANKERS ASSOCIATION , INC (HABA) IS A NOT- FOR-PROFIT ORGANIZATION ESTABLISHED IN 1982 TO PROMOTE THE PROFESSIONAL AND EDUCATIONAL INTEREST OF GREEK-AMERICANS IN THE BANK AND FINANCE INDUSTRIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $16,717
Program Service Revenue $171,804
Investment Income $9,429
Other Revenue $0
TOTAL REVENUE $197,950

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $161,089
TOTAL EXPENSES $161,089

Year-over-Year Comparison

2023 2022 Change
Revenue $197,950 $113,366 +0.7%
Expenses $161,089 $134,475 +0.2%
Net Income $36,861 $-21,109 -2.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
12
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT SAVAGE DIRECTOR N/A
Officer
$0 $0 $0
CHRIS THOMAS PRESIDENT N/A
Officer
$0 $0 $0
CONSTANTINOS A KELLAS TREASURER N/A
Director
$0 $0 $0
PANAGIOTA MAHENDRU SECRETARY N/A
Director
$0 $0 $0
EMMANUEL CARAVANOS DIRECTOR N/A
Officer Director
$0 $0 $0
ALEXIA KALFAS VICE PRESIDE N/A
Officer
$0 $0 $0
JAMES P GERKIS DIRECTOR N/A
Director
$0 $0 $0
DEMETRI PAPACOSTAS DIRECTOR N/A
Director
$0 $0 $0
ALEXANDROS PAPADOPOULOS DIRECTOR N/A
Director
$0 $0 $0
KONDILIA PARISSI DIRECTOR N/A
Director
$0 $0 $0
SOPHIA PROUNTZOS DIRECTOR N/A
Director
$0 $0 $0
LOUKAS TASIGIANIS DIRECTOR N/A
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $197,950 $161,089 $320,972 $36,861
2023 $113,366 $134,475 $284,111 $-21,109
2022 $59,698 $83,468 $305,220 $-23,770
2021 $22,314 $33,239 $328,990 $-10,925
2020 $30,016 $87,437 $339,915 $-57,421
2019 $155,782 $177,205 $397,336 $-21,423
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