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American Consumer Credit Counseling Inc

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

EIN: 043166982 ✦ Auburndale, MA ✦ Designated as a 501(c)(3)

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Overview

What is American Consumer Credit Counseling Inc?

American Consumer Credit Counseling Inc, a nonprofit organization, aims to foster a prosperous future for generations by nurturing financially responsible individuals and families. While the specific activities and mission details are outlined in attachment pages 1 and 2, the overall objective is to empower people financially, ensuring their long-term financial well-being.


Official website here: www.consumercredit.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

American Consumer Credit Counseling Inc has received an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial management. The charity's overall score is derived entirely from its excellent performance in the Accountability & Finance beacon, indicating a high level of transparency and responsible fiscal oversight.

The organization boasts a fully independent board, with 90% of its members being independent, contributing to its robust governance structure. Key indicators such as their financial statements being audited and a commitment to policies regarding conflict of interest and whistleblowing further bolster their reputation for integrity and ethical management.

While the rating highlights the organization’s strengths in financial management and governance, there are no significant limitations noted in the provided data. With a program expense ratio of over 77%, a substantial portion of their resources is directed towards programs, which is a positive indicator for potential donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about American Consumer Credit Counseling Inc?

100% of 448 reviewers on Facebook recommend American Consumer Credit Counseling Inc. Here's a summary of their input:

The feedback highlights a strong sense of satisfaction among users, especially noting the cooperative nature of the staff. One reviewer specifically praised John for being highly responsive to inquiries, reflecting the overall commitment of the organization to assist and support individuals seeking financial guidance.

This positive sentiment suggests that American Consumer Credit Counseling Inc effectively meets the needs of its clients, instilling confidence that they deliver on their promise of providing reliable consumer credit counseling services.


This AI summary has been generated from reviews found on Facebook.

Is American Consumer Credit Counseling Inc legitimate?

American Consumer Credit Counseling Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Consumer Credit Counseling Inc 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $639,294
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,775,182

For more financial information, click here


Official website here: www.consumercredit.com

What is the mission statement of American Consumer Credit Counseling Inc?

American Consumer Credit Counseling Inc's mission is centered around fostering a more financially responsible community. Their goal is to nurture a generation of individuals and families who can sustain their financial well-being for the long term. The organization strives to achieve this mission by promoting financial literacy and responsibility. They aim to empower people to make sound financial decisions, ultimately leading to a prosperous future for all.


Official website here: www.consumercredit.com

Who is the CEO of American Consumer Credit Counseling Inc?

Allen Amadin is the President & of American Consumer Credit Counseling Inc.


Official website here: www.consumercredit.com

What is the revenue of American Consumer Credit Counseling Inc?

American Consumer Credit Counseling Inc's revenue in 2022 was $10,982,051.


Official website here: www.consumercredit.com

Who are the executives of American Consumer Credit Counseling Inc and what are their salaries?

The average compensation at American Consumer Credit Counseling Inc during 2022 was $41,652. There are 154 employees at American Consumer Credit Counseling Inc.


Here are 17 key members and their salaries:


Allen Amadin (President &)
  • Compensation: $225,328
  • Related: $0
  • Other: $18,655
Tracey R Macomber (Vp Governanc)
  • Compensation: $164,160
  • Related: $0
  • Other: $11,498
Paul Glover (Senior Softw)
  • Compensation: $144,748
  • Related: $0
  • Other: $15,320
Katherine H Ross (Executive Vp)
  • Compensation: $132,794
  • Related: $0
  • Other: $16,859
Daniel Turner (Director Of)
  • Compensation: $122,626
  • Related: $0
  • Other: $7,550
Donna M Conley (Vp & Clerk)
  • Compensation: $117,012
  • Related: $0
  • Other: $7,026
Michelle Hurley (Customer Ser)
  • Compensation: $106,786
  • Related: $0
  • Other: $6,838
James Currie (Director)
  • Compensation: $2,250
  • Related: $0
  • Other: $0
Donald Fradette (Director)
  • Compensation: $2,250
  • Related: $0
  • Other: $0
Kenneth V Lopez (Director)
  • Compensation: $2,250
  • Related: $0
  • Other: $0
Mary Papazian (Director)
  • Compensation: $2,250
  • Related: $0
  • Other: $0
Lilian Rojas (Director)
  • Compensation: $2,250
  • Related: $0
  • Other: $0
John L Sergi (Director)
  • Compensation: $2,250
  • Related: $0
  • Other: $0
Michael Silva (Director)
  • Compensation: $2,250
  • Related: $0
  • Other: $0
Joseph Stasio (Director)
  • Compensation: $2,250
  • Related: $0
  • Other: $0
Zepur Kahwajian (Director)
  • Compensation: $1,125
  • Related: $0
  • Other: $0
Matthew Paradise (Director)
  • Compensation: $1,125
  • Related: $0
  • Other: $0


Official website here: www.consumercredit.com

Where can I find the form 990 for American Consumer Credit Counseling Inc?

American Consumer Credit Counseling Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.consumercredit.com

Learn more at the official website: www.consumercredit.com

Mission Statement of American Consumer Credit Counseling Inc

American Consumer Credit Counseling Inc, abbreviated as ACCC, is committed to fostering a prosperous future for families and individuals by cultivating a community of financially responsible individuals. This mission is geared towards ensuring that these financially responsible individuals can sustain their financial well-being for generations to come. ACCC's ultimate goal is to contribute to the betterment of society as a whole by promoting financial literacy and responsible financial practices.

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Impact




July, 2024

American Consumer Credit Counseling Inc's impact is significant in fostering a community of financially responsible individuals and families who are better equipped to thrive for generations to come. Their work focuses on providing essential financial education and resources to help individuals manage debt, improve credit scores, and achieve financial stability. Through their efforts, they empower individuals to take control of their financial futures and build a strong foundation for themselves and their families.




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


Financials

This financial information is from Propublica.

Revenue
$10,982,051 (2022)
Expenses
$11,570,986 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $238,225
  • Program Service Revenue: $9,217,436
  • Gross Receipts: $10,982,051

Assets and Liabilities:

  • Total Assets: $17,821,275
  • Total Liabilities: $2,414,560
  • Net Assets: $15,406,715

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Programs

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

MAINTENANCE INCOME

Revenue

$4,668,051

FEE FAIR SHARE

Revenue

$4,111,248

ENROLLMENT INCOME

Revenue

$287,533

HOUSING INCOME

Revenue

$126,496

BANKRUPTCY INCOME

Revenue

$24,108

Organization Details

Founding Year

1992

Principal Officer

Allen Amadin

Main Address

130 RUMFORD AVE STE 202, AUBURNDALE, MA, 02466

NTEE Category

Code: P51 - Human services

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