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Incharge Debt Solutions

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

EIN: 330770440 ✦ Orlando, FL ✦ Designated as a 501(c)(3)

Overview

What is Incharge Debt Solutions?

Incharge Debt Solutions, abbreviated as IDS, is a nonprofit organization based in Orlando, Florida. They offer credit, bankruptcy, and housing services to the public, providing educational materials and resources, solutions-based credit counseling, client debt management programs, bankruptcy credit counseling and pre-discharge debtor education services, foreclosure prevention, homebuyer education, pre-purchasing housing counseling, and various financial literacy activities. Through their solutions-based approach, nearly 70,000 financially distressed individuals received credit counseling and financial educational materials in 2022. IDS aims to help consumers achieve financial balance and move closer to their dreams, employing a team of 124 individuals.


Official website here: www.incharge.org

Is Incharge Debt Solutions legitimate?

Incharge Debt Solutions is a legitimate nonprofit organization registered as a 501(c)(3) entity. Incharge Debt Solutions 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: $1,361,050
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,468,101

For more financial information, click here


Official website here: www.incharge.org

What is the mission statement of Incharge Debt Solutions?

Incharge Debt Solutions (IDS) is dedicated to providing the general public with various financial services, including credit counseling, bankruptcy assistance, and housing support. Their mission is to help consumers attain financial balance and get closer to their goals. IDS offers solutions-based credit counseling, budget planning, and educational materials to assist individuals in managing their finances effectively. Through this program, nearly 70,000 financially distressed consumers received credit counseling and financial educational materials in 2022. Their credit counseling services, which are available both in-person and remotely, aim to find the most suitable solution for each consumer's unique debt situation. IDS's financial education materials empower consumers to improve their money management skills and enhance their credit situations.


Official website here: www.incharge.org

Who is the CEO of Incharge Debt Solutions?

Loretta Roney is the Board Chair of Incharge Debt Solutions. The CEO's salary of Incharge Debt Solutions is $418,106 and their total compensation is $448,979.


Official website here: www.incharge.org

What is the revenue of Incharge Debt Solutions?

Incharge Debt Solutions's revenue in 2022 was $13,703,408.


Official website here: www.incharge.org

Who are the executives of Incharge Debt Solutions and what are their salaries?

The average compensation at Incharge Debt Solutions during 2022 was $38,945. There are 124 employees and 10 volunteers at Incharge Debt Solutions.

Here are 21 key members and their salaries (Incharge Debt Solutions's CEO's salary is $418,106 and their total compensation is $448,979):

    Etta W Money (President & Ceo)
  • Compensation: $418,106
  • Related: $0
  • Other: $30,873

    • Soraia Dearaujo (V.P. Of Operations)
  • Compensation: $230,108
  • Related: $0
  • Other: $24,319

    • William Malseed (Secretary/Treasurer)
  • Compensation: $239,157
  • Related: $0
  • Other: $12,729

    • Karen Carlson (Sr. Dir. Of Educ/Dig Mkt)
  • Compensation: $0
  • Related: $179,570
  • Other: $29,243

    • Michael C Leon (Sr. Director Of Operations)
  • Compensation: $166,827
  • Related: $0
  • Other: $16,674

    • Shawn Walsh (Sr. Dir. Of Business Dev.)
  • Compensation: $0
  • Related: $158,233
  • Other: $22,360

    • Nidia Mercado Dir Of (Industry Relations & Cust. Support)
  • Compensation: $108,044
  • Related: $0
  • Other: $19,867

    • Ahmed Moyeen (Sr. Software Engineer)
  • Compensation: $0
  • Related: $112,200
  • Other: $14,964

    • Billy Sexton (Network Administrator)
  • Compensation: $0
  • Related: $113,035
  • Other: $13,706

    • Sherana Bakhsh (Bus. Sys. Analyst/Qa Lead)
  • Compensation: $0
  • Related: $109,831
  • Other: $7,791

    • Robert Darroch (Senior Software Engineer)
  • Compensation: $0
  • Related: $100,301
  • Other: $5,643

    • Susanna Kondracki (Trustee As Of June 2022)
  • Compensation: $600
  • Related: $0
  • Other: $0

    • Patricia Wexler (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carey Tarbell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Tassey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Harris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jake Davidow (Trustee Until May 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bhavesh Vadhani (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Ruiz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristen Soles (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Gall (Trustee As Of June 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.incharge.org

    Where can I find the form 990 for Incharge Debt Solutions?

    The Incharge Debt Solutions’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.incharge.org

    Learn more at the official website: www.incharge.org

    Mission Statement of Incharge Debt Solutions

    Incharge Debt Solutions, a leading nonprofit organization, is committed to empowering consumers and helping them achieve financial balance. Through a range of credit, bankruptcy, and housing services, IDS strives to move individuals closer to their dreams. The organization offers educational materials, solutions-based counseling, and client debt management programs designed to cater to each consumer's unique situation.

    IDS's credit counseling and education program is at the heart of its mission. This initiative equips consumers with the skills and knowledge needed to manage their personal finances effectively. Solutions-based counseling is the cornerstone of the program, allowing debt-distressed individuals to find the right solution for their financial predicament. In 2022, nearly 70,000 individuals received credit counseling and financial educational materials from IDS, enabling them to acquire and improve money management skills and master credit management. Credit counseling services are offered not only in person but also nationally via telephone and the internet.

    In essence, Incharge Debt Solutions is dedicated to making a difference in people's lives by providing them with the necessary tools and resources to regain control of their financial situation. By focusing on credit counseling, education, and debt management, IDS plays a pivotal role in helping consumers overcome financial challenges and secure a brighter future.

    Impact

    This information is meant to be a general summary of Incharge Debt Solutions. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    InCharge Debt Solutions has a significant impact on individuals struggling with debt and financial challenges. By providing credit counseling, bankruptcy services, and housing assistance, the organization helps thousands of financially distressed individuals each year. Through educational materials, personalized counseling, and debt management programs, InCharge Debt Solutions empowers consumers to take control of their finances and work towards achieving financial stability. Their efforts contribute to individuals' ability to manage credit, improve money management skills, and ultimately move closer to their financial goals and dreams.





    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: $-105,303
  • Program Service Revenue: $8,771,927
  • Gross Receipts: $17,251,251

    • Assets and Liabilities:
  • Total Assets: $10,402,259
  • Total Liabilities: $3,011,650
  • Net Assets: $7,390,609
  • Programs

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

    CLIENT PROCESSING FEES

    Revenue

    $8,034,614

    HOUSING COUNSELING FEES

    Revenue

    $617,305

    BANKRUPTCY COUNSEL. & DEBTOR ED.

    Revenue

    $115,783

    CREDIT REPORT COUNSELING

    Revenue

    $4,225

    Organization Details

    Founding Year

    1997

    Principal Officer

    Loretta Roney

    Main Address

    5750 MAJOR BLVD 300, ORLANDO, FL, 32819

    NTEE Category

    Code: P51 - Human services

    If you are a representative of Incharge Debt Solutions and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.