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Debtwave Credit Counseling Inc Dba San Diego Financial Literacy Cent

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

EIN: 912156504 ✦ Escondido, CA ✦ Designated as a 501(c)(3)

Overview

What is Debtwave Credit Counseling Inc Dba San Diego Financial Literacy Cent?

Debtwave Credit Counseling Inc, doing business as San Diego Financial Literacy Cent, is a nonprofit organization located in Escondido, California. Their primary mission is to educate individuals and families on responsible credit use and budget management. They offer one-on-one counseling sessions, reviewing clients' liabilities, assets, monthly expenses, and income. Following these sessions, clients receive a detailed financial analysis report, outlining potential strategies to manage and pay off their debts. In 2022, they conducted 3,034 such counseling sessions. With a committed workforce of 32 employees, Debtwave Credit Counseling Inc aims to empower clients to make sound financial decisions and develop lasting positive personal finance habits.


Official website here: www.debtwave.org. www.sdflc.org

Is Debtwave Credit Counseling Inc Dba San Diego Financial Literacy Cent legitimate?

Debtwave Credit Counseling Inc Dba San Diego Financial Literacy Cent is a legitimate nonprofit organization registered as a 501(c)(3) entity. Debtwave Credit Counseling Inc Dba San Diego Financial Literacy Cent 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: $203,872
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,400,281

For more financial information, click here


Official website here: www.debtwave.org. www.sdflc.org

What is the mission statement of Debtwave Credit Counseling Inc Dba San Diego Financial Literacy Cent?

Debtwave Credit Counseling Inc, operating under the name San Diego Financial Literacy Cent, is committed to educating individuals and families on the proper use of credit through budget management. They offer sound counseling services and assist clients in reducing and eliminating debt. By doing so, they aim to empower their clients to make sound financial decisions and develop long-lasting positive personal finance habits. The organization provides one-on-one counseling sessions, where clients receive detailed reviews of their liabilities, assets, monthly expenses, and income. At the end of each session, clients receive a comprehensive financial analysis report with potential debt repayment options. In 2022, the organization completed 3,034 counseling sessions.


Official website here: www.debtwave.org. www.sdflc.org

Who is the CEO of Debtwave Credit Counseling Inc Dba San Diego Financial Literacy Cent?

Michael S Butsko is the Vice President of Debtwave Credit Counseling Inc Dba San Diego Financial Literacy Cent.


Official website here: www.debtwave.org. www.sdflc.org

What is the revenue of Debtwave Credit Counseling Inc Dba San Diego Financial Literacy Cent?

Debtwave Credit Counseling Inc Dba San Diego Financial Literacy Cent's revenue in 2022 was $3,200,189.


Official website here: www.debtwave.org. www.sdflc.org

Who are the executives of Debtwave Credit Counseling Inc Dba San Diego Financial Literacy Cent and what are their salaries?

The average compensation at Debtwave Credit Counseling Inc Dba San Diego Financial Literacy Cent during 2022 was $50,130. There are 32 employees and 75 volunteers at Debtwave Credit Counseling Inc Dba San Diego Financial Literacy Cent.

Here are 7 key members and their salaries:

    Michael Marsden (Executive Dir.) [Trustee/Director]
  • Compensation: $203,872
  • Related: $0
  • Other: $0

    • Antony Murigu (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael S Butsko (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Tokarik (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Marsh (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Casarietti (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brianna Leissoo (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.debtwave.org. www.sdflc.org

    Where can I find the form 990 for Debtwave Credit Counseling Inc Dba San Diego Financial Literacy Cent?

    The Debtwave Credit Counseling Inc Dba San Diego Financial Literacy Cent’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.debtwave.org. www.sdflc.org

    Learn more at the official website: www.debtwave.org. www.sdflc.org

    Mission Statement of Debtwave Credit Counseling Inc Dba San Diego Financial Literacy Cent

    Debtwave Credit Counseling Inc Dba San Diego Financial Literacy Cent is dedicated to educating individuals and families on the proper use of credit and budget management. Their mission is to offer sound counseling and assist clients in reducing and eliminating debt. By providing one-on-one counseling sessions, they help each client analyze their financial situation, including liabilities, assets, monthly expenses, and income. At the end of each session, clients receive a detailed financial analysis report with potential debt repayment options. The organization's goal is to empower individuals and families to make sound financial decisions and develop positive personal finance habits for life.

    Impact

    This information is meant to be a general summary of Debtwave Credit Counseling Inc Dba San Diego Financial Literacy Cent. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Debtwave Credit Counseling Inc Dba San Diego Financial Literacy Cent's impact lies in educating and empowering individuals and families to make sound financial decisions and develop positive personal finance habits for life. Through their one-on-one counseling sessions, they provide a detailed review of clients' financial situations, offering options to reduce and eliminate debt. In 2022, they completed 3,034 counseling sessions, contributing to the financial well-being of many individuals and families in Escondido, CA.





    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: $2,752,399
  • Gross Receipts: $3,239,971

    • Assets and Liabilities:
  • Total Assets: $1,006,587
  • Total Liabilities: $328,459
  • Net Assets: $678,128
  • Programs

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

    DEBT MANAGEMENT PRGM FEES

    Revenue

    $2,752,399

    Organization Details

    Founding Year

    2001

    Principal Officer

    Michael S Butsko

    Main Address

    1835A S CENTRE CITY PARKWAY 508, ESCONDIDO, CA, 92025

    NTEE Category

    Code: P51 - Human services

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