Better Business Bureau Report for
Tri-State Center for Financial Training

Better Business Bureau Report issued May 2010
Better Business Bureau Report expires May 2013


Not a charity
This non-profit organization does not fall within the scope of the Standards for Charity Accountability. Find out more...


Find out more about this charity:

Back To Top

Charity Contact Information

Name: Tri-State Center for Financial Training
Address: 635 West Seventh Street, Suite 306
  Cincinnati, OH 45203
Phone: (513) 621-8408
Web Address: www.tristatecft.org
Also known as:Tri-State CFT
Back To Top

Better Business Bureau Comments

Formerly known as:Cincinnati American Institute of Banking

Year, State Incorporated: 1901, Ohio
Affiliates: CFT Atlantic and Central States, CFT Great Plains Region, CFT North Central States, CFT Upper Midwest, CFT Upstate New York, CFT Virginia, CFT Western States, Northern New England CFT, Ozark Empire CFT, South Florida CFT, Southest Regional CFT
Stated Purpose: The Corporation is organized and shall be operated exclusively for religious, charitable, literary, or educational purposes within the meaning of 501c3 of the Internal Revenue Code of 1986 as amended including the provision of continuing education programs to the financial services community.

Back To Top

BBB Wise Giving Alliance Comment

               

Since Tri-State Center for Financial Training is not a charity, it does not fall within the scope of the Standards for Charity Accountability. This organization does not solicit the public for contributions, and therefore, does not fall within the scope of BBB Standards. On February 17, 2010, Tri-State CFT informed your BBB that it will begin soliciting the general public for contributions. At that time, your BBB will contact the charity for a new evaluation. The following factual information may be based on materials provided by the organization, or has been compiled from other sources.
Back To Top

Programs

               

Tri-State CFT provides financial education to financial services organizations and its employees scheduling college credit appproved courses and skills based workshops in the classroom and through the internet. Tri-State CFT also offers financial litercacy classes to the public.

Back To Top

Governance

               

Chief Executive : Ms. Christina Kelso, Executive Director
Compensation*:
 $58,250

Chair of the Board: Ms. Debbie Mandell
Chair's Profession / Business Affiliation: Vice President, U.S. Bank

Board Size: 8

Paid Staff Size: 2

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Back To Top

Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
Back To Top

Financial

               

The following information is based on Tri-State Center for Financial Training's audited financial statements for the fiscal year ended May 31, 2009.
 

Source of Funds  
Education Programs 201,759
Textbook Sales 25,120
Interest & Dividends 15,477
Service Fees 6,947
Realized Gains (Losses) 3,662
Miscellaneous 1,685
Unrealized Gains (Losses) -102,446
Total Income              $152,204

 

 

Total expenses   $294,274
Expenses in Excess of Income   (142,070)
Beginning net assets   518,004
     
Ending net assets   375,933
Total liabilities   26,396
Total assets   $402,329

Back To Top

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

Send to:



What is an Accredited Charity