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Credit Card Management Services Inc

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

EIN: 311483386 ✦ West palm beach, FL ✦ Designated as a 501(c)(3)

Overview

What is Credit Card Management Services Inc?

Credit Card Management Services Inc, located in West Palm Beach, Florida, is a nonprofit organization dedicated to providing comprehensive housing counseling and education. With a team of 52 employees, they offer various services including home buyer education, reverse mortgage counseling for seniors, and financial literacy group education. Their HUD-approved housing counseling is designed to assist individuals in managing their debt and budget effectively. Debthelper, a partner program, focuses on providing safe and decent affordable housing, primarily for low to moderate income families. Additionally, Debthelper collaborates with 850 agencies to deliver high-quality counseling services. The organization's mission is to educate, advise, and empower individuals from youth to seniors to handle debt, credit, and housing issues, aiming to provide affordable housing opportunities through the acquisition and rehabilitation of residential properties.


Official website here: www.debthelper.com

Is Credit Card Management Services Inc legitimate?

Credit Card Management Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Credit Card Management Services 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: $340,737
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,588,922

For more financial information, click here


Official website here: www.debthelper.com

What is the mission statement of Credit Card Management Services Inc?

Credit Card Management Services Inc's mission is centered around education, advice, and empowerment. The organization aims to help individuals, from youth to seniors, manage their debt, credit, and housing needs effectively. They provide comprehensive housing counseling and education, as well as budget and debt management services. Furthermore, Credit Card Management Services Inc partners with organizations to offer affordable housing opportunities through the acquisition and rehabilitation of residential properties. Their efforts also extend to delivering financial literacy group education and offering home buyers education and reverse mortgage counseling for seniors. Debthelper, a part of Credit Card Management Services Inc, rents out 11 affordable homes mainly to low to moderate income families and collaborates with various agencies to deliver quality counseling services.


Official website here: www.debthelper.com

Who is the CEO of Credit Card Management Services Inc?

Mr Paul Donohue Jr is the President of Credit Card Management Services Inc.


Official website here: www.debthelper.com

What is the revenue of Credit Card Management Services Inc?

Credit Card Management Services Inc's revenue in 2022 was $4,043,282.


Official website here: www.debthelper.com

Who are the executives of Credit Card Management Services Inc and what are their salaries?

The average compensation at Credit Card Management Services Inc during 2022 was $37,109. There are 52 employees and 6 volunteers at Credit Card Management Services Inc.

Here are 8 key members and their salaries:

    Mr Paul Donohue Jr (President) [Trustee/Director]
  • Compensation: $238,779
  • Related: $0
  • Other: $101,958

    • Rajesh Bhavsar (It Director)
  • Compensation: $150,631
  • Related: $0
  • Other: $0

    • Mohan Lalwani (Program Manager)
  • Compensation: $135,754
  • Related: $0
  • Other: $0

    • Ann-Marie Drapeau (Operations Manager)
  • Compensation: $124,799
  • Related: $0
  • Other: $0

    • Dr Kurt Stahura (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr James H Sutch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr George Lubeck Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Mattew Curran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.debthelper.com

    Where can I find the form 990 for Credit Card Management Services Inc?

    The Credit Card Management Services Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.debthelper.com

    Learn more at the official website: www.debthelper.com

    Mission Statement of Credit Card Management Services Inc

    Credit Card Management Services Inc, often referred to as CCMS, is a nonprofit organization committed to educating, advising, and empowering individuals from youth to seniors. Their mission revolves around helping individuals manage debt, credit, and housing challenges. By offering comprehensive housing counseling and education, CCMS strives to provide affordable housing opportunities for various income levels. Through their partnerships, they contribute to the creation of safe, decent, and affordable housing options, improving lives and strengthening communities.

    In addition to their housing initiatives, CCMS offers various educational programs. They provide HUD-approved housing counseling, homebuyer education, and reverse mortgage counseling for seniors aiming to convert their home equity into cash. Furthermore, CCMS offers financial literacy group education to help individuals make informed decisions about their finances. CCMS also partners with 850 agencies to deliver high-quality counseling services. In terms of direct housing, CCMS manages 11 affordable rental properties primarily for low to moderate income families. Overall, Credit Card Management Services Inc is dedicated to empowering individuals and families to improve their financial and housing situations, ultimately contributing to stronger communities.

    Impact

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




    Thursday, August 15, 2024

    Credit Card Management Services Inc, also known as Debthelper, has a significant impact on the community by providing comprehensive housing counseling and education services to individuals in need. Through their HUD-approved programs, they have served over 14,000 people, offering services such as homebuyer education, reverse mortgage counseling for seniors, and financial literacy group education.

    Additionally, Debthelper partners with the National Community Stabilization Trust (NCST) program to provide safe, decent, and affordable housing to low to moderate-income families. They have rented out 11 affordable homes and have contributed an estimated 300 volunteer hours to support their mission.

    By empowering individuals of all ages to handle debt, credit, and housing issues, Credit Card Management Services Inc is making a real difference in people's lives, helping them improve their financial stability and strengthen their communities.





    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: $66,542
  • Program Service Revenue: $3,613,254
  • Gross Receipts: $4,043,282

    • Assets and Liabilities:
  • Total Assets: $6,354,828
  • Total Liabilities: $1,083,563
  • Net Assets: $5,271,265
  • Programs

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

    DMP Enrollment

    Revenue

    $23,442

    Fair Share

    Revenue

    $294,160

    Financial Education

    Revenue

    $390,875

    Housing

    Revenue

    $2,352,946

    Money Management

    Revenue

    $551,831

    Organization Details

    Founding Year

    1996

    Principal Officer

    Mr Paul Donohue Jr

    Main Address

    1325 N Congress Ave 201, West Palm Beach, FL, 33401

    NTEE Category

    Code: P51 - Human services

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