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Debt Management Credit Counseling Corp

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

EIN: 650923483 ✦ Fort lauderdale, FL ✦ Designated as a 501(c)(3)

Overview

What is Debt Management Credit Counseling Corp?

Debt Management Credit Counseling Corp is a nonprofit organization based in Fort Lauderdale, Florida, dedicated to helping individuals manage their credit and debt, budget their personal finances, and navigate housing issues. They offer counseling and education services primarily through face-to-face and telephone sessions, seminars, workshops, online courses, and the distribution of educational materials. The organization is approved by HUD to provide comprehensive housing counseling to Florida residents, including pre-purchase counseling, financial literacy education, and homeless counseling services. In 2022, they conducted financial education seminars for approximately 2,000 individuals, provided personal financial counseling to over 4,300 consumers, and distributed educational materials to a large audience. They also received grants to provide housing counseling and financial literacy education. Their mission is to improve financial literacy and assist financially distressed consumers through education, budgeting, housing counseling, and debt management plans, while maintaining fiscal integrity and adhering to high industry standards.


Official website here: www.dmcccorp.org

Is Debt Management Credit Counseling Corp legitimate?

Debt Management Credit Counseling Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Debt Management Credit Counseling Corp 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: $163,521
Professional Fundraising Fees: $0
Other Salaries and Wages: $797,966

For more financial information, click here


Official website here: www.dmcccorp.org

What is the mission statement of Debt Management Credit Counseling Corp?

Debt Management Credit Counseling Corp's mission is centered around providing education and budget counseling to enhance consumers' financial literacy. The organization is dedicated to assisting financially distressed individuals in managing their personal finances. This is accomplished through educational programs and materials, personal budgeting, housing counseling, and debt management plans. The corporation upholds fiscal integrity and adheres to the highest standards in the industry, committed to helping consumers navigate their financial difficulties effectively.


Official website here: www.dmcccorp.org

Who is the CEO of Debt Management Credit Counseling Corp?

Phil Heinemann is the President/Exec Director of Debt Management Credit Counseling Corp.


Official website here: www.dmcccorp.org

What is the revenue of Debt Management Credit Counseling Corp?

Debt Management Credit Counseling Corp's revenue in 2022 was $1,643,886.


Official website here: www.dmcccorp.org

Who are the executives of Debt Management Credit Counseling Corp and what are their salaries?

The average compensation at Debt Management Credit Counseling Corp during 2022 was $48,074. There are 20 employees and 4 volunteers at Debt Management Credit Counseling Corp.

Here are 5 key members and their salaries:

    Phil Heinemann (President/Exec Director)
  • Compensation: $163,521
  • Related: $0
  • Other: $24,683

    • John Aleman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol O'Brien (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shannon Schaffer (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Kalaf (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.dmcccorp.org

    Where can I find the form 990 for Debt Management Credit Counseling Corp?

    The Debt Management Credit Counseling Corp’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.dmcccorp.org

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

    Mission Statement of Debt Management Credit Counseling Corp

    Debt Management Credit Counseling Corp, as a nonprofit organization, is dedicated to providing education and budget counseling to consumers with the aim of enhancing their financial literacy. The corporation is committed to assisting financially distressed individuals in managing their personal finances. This is achieved through various means, including educational programs and materials, personal budgeting, housing counseling, and debt management plans. Debt Management Credit Counseling Corp's mission is to uphold the highest standards in the industry while maintaining fiscal integrity. Their approach to credit counseling is centered around education, offering tools and resources to help consumers gain control over their financial situations. By providing these services, Debt Management Credit Counseling Corp aims to empower individuals and families to make informed financial decisions and improve their overall financial well-being.

    Impact

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




    Saturday, July 20, 2024

    Debt Management Credit Counseling Corp's impact lies in providing consumers with education, budget counseling, and debt repayment plans to enhance their financial literacy and assist in managing their personal finances. Their programs focus on credit and debt management, personal budgeting, and housing issues, delivered through various channels such as face-to-face and telephone counseling, onsite seminars, online courses, and distribution of educational materials. Specific achievements include conducting financial education seminars, providing personal financial counseling to thousands of consumers, and receiving grants to offer housing counseling and financial literacy education. Overall, Debt Management Credit Counseling Corp plays a significant role in empowering financially distressed individuals to take control of their financial situations and work towards stability.





    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: $1,410,931
  • Gross Receipts: $1,643,886

    • Assets and Liabilities:
  • Total Assets: $1,097,063
  • Total Liabilities: $989,577
  • Net Assets: $107,486
  • Programs

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

    CLIENT FEES

    Revenue

    $806,684

    CREDITOR CONTRIBUTIONS

    Revenue

    $604,247

    Organization Details

    Founding Year

    1999

    Principal Officer

    Phil Heinemann

    Main Address

    1330 SE 4TH AVENUE SUITE F, FORT LAUDERDALE, FL, 33316

    NTEE Category

    Code: P51 - Human services

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