Overview
What is Debtors Anonymous General Service Board Inc?
Debtors Anonymous General Service Board Inc, based in Needham, Massachusetts, is a nonprofit organization dedicated to providing support and resources for individuals aiming to cease the accumulation of unsecured debt. With a mission to stop incurring debt, share personal experiences with newcomers, and extend a helping hand to fellow debtors, this organization offers a 12-step program to aid individuals on their journey towards financial recovery. The organization, with a small team of two dedicated individuals, plays a pivotal role in offering guidance and encouragement to those seeking to break free from the cycle of unmanageable debt.
Official website here: www.debtorsanonymous.org
Is Debtors Anonymous General Service Board Inc legitimate?
Debtors Anonymous General Service Board Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Debtors Anonymous General Service Board 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: $58,932
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,785
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Official website here: www.debtorsanonymous.org
What is the mission statement of Debtors Anonymous General Service Board Inc?
Debtors Anonymous General Service Board Inc's mission is centered around three fundamental objectives. The primary goal is to assist individuals in ceasing the accumulation of unsecured debt. Another crucial aspect of their mission involves sharing personal experiences with newcomers, providing them with guidance and support. Lastly, they aim to extend their reach out to other debtors, offering them assistance and resources. This is achieved through the provision of 12-step support activities and resources.
Official website here: www.debtorsanonymous.org
What is the revenue of Debtors Anonymous General Service Board Inc?
Debtors Anonymous General Service Board Inc's revenue in 2023 was $280,864.
Official website here: www.debtorsanonymous.org
Who are the executives of Debtors Anonymous General Service Board Inc and what are their salaries?
The average compensation at Debtors Anonymous General Service Board Inc during 2023 was $35,858. There are 2 employees at Debtors Anonymous General Service Board Inc.
Here are 8 key members and their salaries:
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Official website here: www.debtorsanonymous.org
Where can I find the form 990 for Debtors Anonymous General Service Board Inc?
Debtors Anonymous General Service Board Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.debtorsanonymous.org
Learn more at the official website: www.debtorsanonymous.org
Mission Statement of Debtors Anonymous General Service Board Inc
Debtors Anonymous General Service Board Inc is committed to a threefold mission: firstly, it aims to assist individuals in ceasing the accumulation of unsecured debts. Secondly, it encourages experienced members to share their experiences with newcomers, providing them with valuable insights and support. Lastly, the organization reaches out to other debtors, extending a helping hand and offering assistance. By providing 12-step support activities and resources, Debtors Anonymous General Service Board Inc empowers individuals seeking to break free from the cycle of unsecured debt.
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Impact
October, 2024
Debtors Anonymous General Service Board Inc plays a significant role in helping individuals break free from the cycle of unsecured debt. By providing a supportive environment grounded in the principles of the 12-step recovery model, the organization fosters a sense of community among debtors who are committed to changing their financial habits. Their initiatives focus on three primary goals: helping members stop incurring unsecured debt, sharing personal experiences to guide newcomers, and reaching out to others who may be struggling with similar issues.
Through various support activities and resources, Debtors Anonymous offers practical strategies and emotional support that empower individuals to confront their financial challenges. The organization helps its members develop healthier financial behaviors, improve their overall well-being, and cultivate a network of support that often extends beyond financial matters. By addressing the root causes of debt and providing a framework for recovery, Debtors Anonymous enhances the lives of many individuals, ultimately contributing to their financial stability and personal growth.
This information is meant to be a general summary of Debtors Anonymous General Service Board 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,914
- Program Service Revenue: $79,023
- Gross Receipts: $302,362
Assets and Liabilities:
- Total Assets: $477,427
- Total Liabilities: $67,146
- Net Assets: $410,281
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
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Revenue
$79,023
Organization Details
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