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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Connecticut Bankers Association

Connecticut Bankers Association

Fiscal year ending 2024. Filed on June 16, 2025.

10 Waterside Drive
Farmington, Connecticut 06032

Connecticut Bankers Association (EIN: 06-0550070) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, Connecticut Bankers Association, a 501(c)(6) business league, reported compensation for 4 out of 12 total employees. Among the employees shown here, the average compensation is $237,494. The highest compensated employee at Connecticut Bankers Association is Thomas S Mongellow with fiscal year 2024 compensation of $415,592.

Revenue, expenses, and employee compensation

Revenue

$4,012,155

Expenses

$3,478,435

Employee compensation

$1,772,010
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Thomas S Mongellow
President and Chief Executive Officer
$415,592
$377,087 No related comp$38,505
Arthur Corey
Senior Vice President, General Counsel, Secretary
$289,705
$236,728 No related comp$52,977
Kimberly Tuttle
Vice President, Director of Education
$184,821
$142,881 No related comp$41,940
Mark Barry
Chief Operating Officer and Treasurer
$59,856
$57,132 No related comp$2,724

Benchmark Employee Compensation

Non-Employee Board Members

Andreas Kapetanopoulos
Director (Start 10/2023)
Anthony Joyce
Director
Christopher Motl
Director (Start 10/2023)
David A Schneider
Vice Chair (Start 10/2023)
David W Glidden
Director
Frank J Gaudio
Vice Chair; Chair (Start 10/2023)
George Hermann
Director
Kent S McClun
Director (End 9/2023)
Lesa Vanotti
Director
Lisa H Griffin
Director (End 9/2023)
Martin G Morgado
Director
Michael J Labella
Past Chair (End 9/2023)

Contractors

Greenbrier
Conferences and Event Hosting
$299,887
Trumbull Marriott
Conferences and Event Hosting
$148,436
Gaffney Bennett and Associates
Legislative
$120,005
Courtyard By Marriott
Conferences and Event Hosting
$108,291

Mission Statement

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

Revisions to this organization profile

June 16, 2025:
2024 Connecticut Bankers Association 990 filed
June 17, 2024:
2023 Connecticut Bankers Association 990 filed
June 15, 2023:
2022 Connecticut Bankers Association 990 filed

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