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Consumer Credit And Budget Counseling Inc

National Foundation For Debt Management

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 223569885 ✦ Marmora, NJ ✦ Designated as a 501(c)(3)

Overview

What is Consumer Credit And Budget Counseling Inc?

Consumer Credit and Budget Counseling Inc, situated in Marmora, New Jersey, is a dedicated nonprofit organization committed to fostering financial wellness. Their mission is to offer educational programs and counseling services to individuals and families grappling with severe financial issues. These comprehensive services encompass Debt Management plans and housing counseling, aiming to surpass customer expectations. The organization's staff is dedicated to providing meaningful financial education and advice, aiming to enhance the economic well-being of the communities they serve.


Official website here: www.nfdm.org, www.cc-bc.com

Is Consumer Credit And Budget Counseling Inc legitimate?

Consumer Credit And Budget Counseling Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Consumer Credit And Budget Counseling Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $241,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $735,117

For more financial information, click here


Official website here: www.nfdm.org, www.cc-bc.com

What is the mission statement of Consumer Credit And Budget Counseling Inc?

Consumer Credit and Budget Counseling Inc. is committed to promoting financial wellness in the communities it serves. This is achieved through the provision of meaningful and high-quality financial education and counseling services. The organization's mission is to exceed customer expectations in this area, aiming to significantly improve the economic well-being of the communities they operate in, through their outreach activities. The organization also offers debt management plans and housing counseling as part of their programs to assist individuals and families dealing with serious financial issues.


Official website here: www.nfdm.org, www.cc-bc.com

Who is the CEO of Consumer Credit And Budget Counseling Inc?

Russell Graves is the Board Member of Consumer Credit And Budget Counseling Inc.


Official website here: www.nfdm.org, www.cc-bc.com

What is the revenue of Consumer Credit And Budget Counseling Inc?

Consumer Credit And Budget Counseling Inc's revenue in 2022 was $2,447,551.


Official website here: www.nfdm.org, www.cc-bc.com

Who are the executives of Consumer Credit And Budget Counseling Inc and what are their salaries?

The average compensation at Consumer Credit And Budget Counseling Inc during 2022 was $39,061. There are 25 employees at Consumer Credit And Budget Counseling Inc.

Here are 7 key members and their salaries:

    Judy Sorensen (President)
  • Compensation: $125,700
  • Related: $0
  • Other: $24,827

    • Russell E Graves (Executive Director)
  • Compensation: $115,700
  • Related: $0
  • Other: $12,726

    • Daniel Stewart (Board Member) [Trustee/Director]
  • Compensation: $500
  • Related: $0
  • Other: $0

    • Michael Wetmore (Board Member) [Trustee/Director]
  • Compensation: $500
  • Related: $0
  • Other: $0

    • Charles Benjamin (Board Member) [Trustee/Director]
  • Compensation: $500
  • Related: $0
  • Other: $0

    • Brian Downie (Board Member) [Trustee/Director]
  • Compensation: $500
  • Related: $0
  • Other: $0

    • Shelly Hamm (Board Member) [Trustee/Director]
  • Compensation: $500
  • Related: $0
  • Other: $0


  • Official website here: www.nfdm.org, www.cc-bc.com

    Where can I find the form 990 for Consumer Credit And Budget Counseling Inc?

    The Consumer Credit And Budget Counseling Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nfdm.org, www.cc-bc.com

    Learn more at the official website: www.nfdm.org, www.cc-bc.com

    Mission Statement of Consumer Credit And Budget Counseling Inc

    Consumer Credit and Budget Counseling Inc, abbreviated as CCBC, is dedicated to fostering financial wellness within the communities it serves. The organization's mission is centered around providing meaningful, top-tier personal financial education and counseling that surpasses customer expectations. CCBC's staff is committed to this mission, striving to make a measurable impact on the economic well-being of the communities they serve through outreach activities.

    In essence, CCBC is an educational powerhouse that specializes in financial literacy. It offers tailored programs to individuals and families grappling with serious financial issues. Among these programs are Debt Management plans and housing Counseling, designed to equip people with the necessary skills and knowledge to manage their finances effectively. By fulfilling this mission, CCBC contributes significantly to the financial stability and empowerment of its clientele, thereby enhancing overall community prosperity.

    Impact

    This information is meant to be a general summary of Consumer Credit And Budget Counseling Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Consumer Credit And Budget Counseling Inc's impact is significant in building financial wellness through education and counseling for individuals and families facing serious money problems. By offering programs such as Debt Management plans and housing counseling, CCBC helps improve the economic wellness of the communities it serves. Their mission focuses on providing meaningful personal financial education and counseling that exceeds customer expectations, ultimately leading to a more financially empowered and stable population. CCBC's dedication to enhancing economic wellness through outreach activities showcases their commitment to making a positive difference in people's financial lives.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $2,136,673
  • Gross Receipts: $2,447,551

    • Assets and Liabilities:
  • Total Assets: $753,183
  • Total Liabilities: $564,642
  • Net Assets: $188,541
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    OTHER COUNSELING CONTR

    Revenue

    $1,127,906

    COUNSELING FEES

    Revenue

    $1,008,767

    Organization Details

    Founding Year

    1998

    Principal Officer

    Russell Graves

    Main Address

    299 S SHORE ROAD US RTE 9, MARMORA, NJ, 08223

    NTEE Category

    Code: P51 - Human services

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