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Credit Advisors Foundation

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

EIN: 470751100 ✦ Omaha, NE ✦ Designated as a 501(c)(3)

Overview

What is Credit Advisors Foundation?

Credit Advisors Foundation is a nonprofit organization dedicated to offering free credit and financial education to the public and eligible individuals and institutions. They provide debt management programs for those in financial distress, and housing counseling services in accordance with the Department of Housing and Urban Development's guidelines. Additionally, the Foundation offers Department of Justice Executive Office of the United States Trustee-approved bankruptcy counseling. The organization's mission is to empower consumers to manage their finances effectively, establish financial security, and promote equality of access and opportunity.


Official website here: www.creditadvisors.org

Is Credit Advisors Foundation legitimate?

Credit Advisors Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Credit Advisors Foundation 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: $182,352
Professional Fundraising Fees: $0
Other Salaries and Wages: $509,436

For more financial information, click here


Official website here: www.creditadvisors.org

What is the mission statement of Credit Advisors Foundation?

The Credit Advisors Foundation's mission is centered around empowering consumers to manage their finances effectively, fostering economic security, and promoting equality of access and opportunity. They achieve this by offering free credit and consumer education, advisory services, and debt management programs to individuals and institutions in need. Additionally, they provide housing counseling as per the Department of Housing and Urban Development's guidelines, and bankruptcy counseling approved by the Department of Justice's Executive Office of the United States Trustee. The organization's goal is to equip consumers with the necessary skills to manage their finances effectively, thereby enhancing their overall financial well-being.


Official website here: www.creditadvisors.org

Who is the CEO of Credit Advisors Foundation?

Eleanor Hohman is the Executive Director of Credit Advisors Foundation.


Official website here: www.creditadvisors.org

What is the revenue of Credit Advisors Foundation?

Credit Advisors Foundation's revenue in 2022 was $1,737,632.


Official website here: www.creditadvisors.org

Who are the executives of Credit Advisors Foundation and what are their salaries?

The average compensation at Credit Advisors Foundation during 2022 was $38,433. There are 18 employees at Credit Advisors Foundation.

Here are 7 key members and their salaries:

    Eleanor Hohman (Executive Director)
  • Compensation: $125,000
  • Related: $0
  • Other: $0

    • Lisa Cameron (Secretary)
  • Compensation: $57,353
  • Related: $0
  • Other: $0

    • Robert Buglewicz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judy Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Phillips (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Juan Picon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melissa Pearson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.creditadvisors.org

    Where can I find the form 990 for Credit Advisors Foundation?

    The Credit Advisors Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.creditadvisors.org

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

    Mission Statement of Credit Advisors Foundation

    Credit Advisors Foundation, as a nonprofit organization, is committed to empowering consumers to manage their finances effectively, fostering economic security, and advocating for equality of access and opportunity. The foundation achieves this mission by providing a range of free services to the public and qualifying needy individuals and institutions. These services include credit and consumer education, debt management programs for individuals in financial distress, housing counseling in accordance with the Department of Housing and Urban Development's guidelines, and bankruptcy counseling approved by the Department of Justice's Executive Office of the United States Trustee. By offering these resources, Credit Advisors Foundation aims to equip consumers with the necessary tools to manage their financial situations, ultimately creating a more secure future for themselves and their communities.

    Impact

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




    Saturday, July 20, 2024

    Credit Advisors Foundation's impact is seen in empowering consumers to effectively manage their finances, create economic security, and realize equality of access and opportunity. Through free credit and consumer education, advisory services, debt management programs, housing counseling, and bankruptcy counseling, they provide much-needed support to individuals and institutions. Their focus on financial empowerment contributes to increased financial literacy and stability within communities they serve, ultimately helping people overcome financial challenges and achieve economic security.





    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: $161,098
  • Program Service Revenue: $500,615
  • Gross Receipts: $1,896,182

    • Assets and Liabilities:
  • Total Assets: $4,661,984
  • Total Liabilities: $854,263
  • Net Assets: $3,807,721
  • Programs

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

    DEBT MANAGEMENT

    Revenue

    $429,538

    REPRESENTATIVE PAYEE F

    Revenue

    $30,268

    BANKRUPTCY COUNSELING

    Revenue

    $26,245

    HOUSING

    Revenue

    $14,300

    COUNSELING

    Revenue

    $264

    Organization Details

    Founding Year

    1991

    Principal Officer

    Eleanor Hohman

    Main Address

    1818 SOUTH 72ND STREET, OMAHA, NE, 68124

    NTEE Category

    Code: P51Z - Human services

    If you are a representative of Credit Advisors Foundation 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.