Overview
What is American Fair Credit Council?
The American Fair Credit Council is a nonprofit organization situated in Fort Lauderdale, Florida. Their primary focus is advocating for indebted consumers and lobbying for fair debt settlement legislation. The council aims to protect both consumer and member rights by establishing and upholding standards of excellence in the industry. With a small team of two dedicated individuals, they work tirelessly on the federal and state levels to promote responsible practices and ensure fair treatment for those in debt.
Official website here: www.aa4dr.org
Is American Fair Credit Council legitimate?
American Fair Credit Council is a legitimate nonprofit organization registered as a 501(c)(6) entity. American Fair Credit Council 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.
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Other Salaries and Wages: $850,840
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Official website here: www.aa4dr.org
What is the mission statement of American Fair Credit Council?
The American Fair Credit Council's mission is centered around advocating for indebted consumers and pushing for fair settlement legislation. They strive to establish and uphold standards of excellence that safeguard the rights of both consumers and their member companies. On a legislative level, they actively lobby on behalf of debt settlement companies, advocating for policies that are beneficial to their clients.
Official website here: www.aa4dr.org
What is the revenue of American Fair Credit Council?
American Fair Credit Council's revenue in 2024 was $4,882,709.
Official website here: www.aa4dr.org
Who are the executives of American Fair Credit Council and what are their salaries?
The average compensation at American Fair Credit Council during 2024 was $170,168. There are 5 employees at American Fair Credit Council.
Here are 11 key members and their salaries:
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Official website here: www.aa4dr.org
Where can I find the form 990 for American Fair Credit Council?
American Fair Credit Council's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.aa4dr.org
Learn more at the official website: www.aa4dr.org
Mission Statement of American Fair Credit Council
The American Fair Credit Council is committed to advocating for the rights of indebted consumers and lobbying for fair settlement legislation. Their mission is twofold: firstly, they strive to establish and uphold standards of excellence that safeguard the rights of both consumers and their member companies. Secondly, they actively lobby on behalf of debt settlement companies at both the federal and state levels. This advocacy work is essential in ensuring that fair settlement policies are implemented, benefiting countless indebted individuals. By championing this cause, the American Fair Credit Council aims to protect the interests of both consumers and the businesses that serve them, fostering a harmonious and equitable debt settlement environment.
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Impact
October, 2024
The American Fair Credit Council significantly influences the landscape of debt settlement and consumer protection. By advocating for indebted consumers, the organization works diligently to establish fair settlement legislation that seeks to protect the rights of both consumers and its member companies. Their efforts extend to lobbying on federal and state levels, ensuring that policies reflect the needs and rights of individuals facing financial challenges.
Furthermore, the Council is committed to setting and maintaining high standards of excellence within the debt settlement industry. This focus not only safeguards consumer rights but also enhances the reputation of legitimate debt settlement companies, contributing to a more transparent and trustworthy financial ecosystem. Through legislative advocacy and strict industry standards, the American Fair Credit Council plays a crucial role in promoting fair treatment for consumers navigating debt, ultimately fostering community improvement and financial stability.
This information is meant to be a general summary of American Fair Credit Council. 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 2024.
- Investment Income: $57,097
- Program Service Revenue: $4,825,612
- Gross Receipts: $4,882,709
Assets and Liabilities:
- Total Assets: $1,820,342
- Total Liabilities: $1,472
- Net Assets: $1,818,870
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$4,192,721
CONFERENCE FEES
Revenue
$253,836
CONFERENCE VENDOR
Revenue
$127,300
WORKSHOP REGISTRATION
Revenue
$120,255
CONFERENCE SPONSOR
Revenue
$119,500
Organization Details
Founding Year
2005
Principal Officer
Dan Frazier
Website
www.aa4dr.orgNTEE Category
Code: S41 - Community improvement
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