Overview
What is Family Credit Counseling Service?
Family Credit Counseling Service, also known as Family Credit Management Services, is a nonprofit organization located in Chicago, Illinois. Their primary mission is to offer financial education and support, particularly focusing on individuals with low income and significant debt. They provide a range of counseling services such as developing household budgets, reviewing credit reports, pre-purchase housing counseling, and addressing various financial concerns at no cost to the consumer. Approved by the Department of Justice, they also offer pre-filing bankruptcy counseling and issue certificates in compliance with bankruptcy code. Their services can be accessed via telephone, electronic communication, or in-person visits at any of their locations. With a workforce of 46 individuals, Family Credit Counseling Service aims to empower individuals to manage their finances effectively.
Official website here: www.familycredit.org
Is Family Credit Counseling Service legitimate?
Family Credit Counseling Service is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family Credit Counseling Service 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: $746,747
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,929,581
For more financial information, click here
Official website here: www.familycredit.org
What is the mission statement of Family Credit Counseling Service?
The Family Credit Counseling Service, established with a focus on consumers with limited income or significant debt, is committed to delivering financial education. Its mission is to provide guidance and support, specifically tailoring its services to individuals who may require it the most. The organization offers counseling services through various platforms, including telephone, electronic communication, and in-person visits at their locations. These services encompass creating a household budget, reviewing credit reports, offering pre-purchase housing counseling, and addressing any other financial concerns that consumers may have. These services are provided at no cost to the consumers. Furthermore, the Family Credit Counseling Service is approved by the Department of Justice to provide pre-filing bankruptcy counseling and issue certificates in accordance with the bankruptcy code.
Official website here: www.familycredit.org
Who is the CEO of Family Credit Counseling Service?
Michael Mcauliffe is the Principal Officer of Family Credit Counseling Service.
Official website here: www.familycredit.org
What is the revenue of Family Credit Counseling Service?
Family Credit Counseling Service's revenue in 2022 was $6,001,729.
Official website here: www.familycredit.org
Who are the executives of Family Credit Counseling Service and what are their salaries?
The average compensation at Family Credit Counseling Service during 2022 was $58,181. There are 46 employees at Family Credit Counseling Service.
Here are 11 key members and their salaries:
- Michael Mcauliffe Ms (Director & President)
- Elizabeth Schomburg Ms (Senior Vp & Treas)
- Sarabeth Mcauliffe Ms (Chief Marketing Officer)
- Arthur Croney (Chairman) [Trustee/Director]
- Carol Parlin (Director)
- Ron Ruckert (Director)
- Lourdes Delgado-Serrano Md Mba (Director)
- Peyton Mendez (Director)
- Catherine Klepacki (Director)
- Loretta Daly (Former Director)
- Curtis Galloway (Former Director & Chairman)
Official website here: www.familycredit.org
Where can I find the form 990 for Family Credit Counseling Service?
The Family Credit Counseling Service’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.familycredit.org
Learn more at the official website: www.familycredit.org
Mission Statement of Family Credit Counseling Service
Family Credit Counseling Service, abbreviated as FCCS, was established with a mission to provide financial education to consumers, particularly focusing on those with low income and substantial debt. This nonprofit organization aims to equip individuals with the necessary knowledge and tools to manage their finances more effectively. The primary objective of FCCS is to offer comprehensive counseling services, which can be availed through phone calls, electronic communication, or in-person visits at any of their locations. These services encompass the creation of a household budget, reviews of credit reports, pre-purchase housing counseling, and addressing any other financial concerns that a consumer may have. All these services are provided free of charge to the consumer. Furthermore, FCCS is approved by the Department of Justice to offer pre-filing bankruptcy counseling and issue certificates in accordance with the bankruptcy code.
Impact
This information is meant to be a general summary of Family Credit Counseling Service. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Family Credit Counseling Service's impact can be seen in the lives of consumers with low income and overwhelming debt burdens. By providing financial education and counseling services, FCCS empowers individuals to take control of their financial situations. Through services like developing household budgets, credit report reviews, and pre-purchase housing counseling, FCCS helps clients improve their financial literacy and make informed decisions. Additionally, being approved by the Department of Justice to provide pre-filing bankruptcy counseling demonstrates FCCS's commitment to assisting individuals in navigating complex financial challenges. Overall, FCCS plays a crucial role in supporting individuals in achieving financial stability and well-being.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Credit Counseling Revenue
Revenue
$5,148,645
Organization Details
Founding Year
1996
Phone
(800) 994-3328
Principal Officer
Michael Mcauliffe
Main Address
111 N Wabash, Chicago, IL, 60602
Website
www.familycredit.org
NTEE Category
Code: P51 - Human services
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