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Association Of Independent Consumer Credit Counseling Agencies Inc

Financial Counseling Association Of America (Fcaa)

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

EIN: 223226765 ✦ Boca raton, FL ✦ Designated as a 501(c)(3)

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Overview

What is Association Of Independent Consumer Credit Counseling Agencies Inc?

The Association of Independent Consumer Credit Counseling Agencies Inc, operating as the Financial Counseling Association of America (FCAA), is a nonprofit based in Boca Raton, Florida. Its primary aim is to establish a balanced relationship between consumers, creditors, and its member agencies, promoting the successful rehabilitation of debt-challenged families and individuals. To achieve this, the organization provides membership services, keeping members informed about state and federal legislation, advocating for consumer financial education, and maintaining positive relationships between creditors and the credit counseling industry. It also offers additional value-added services, such as informed leadership, advocacy, and data collection to enhance member satisfaction and association effectiveness. The organization's website is a resource for informational and educational resources for consumers and its members. With a staff of 1 employee, the Association of Independent Consumer Credit Counseling Agencies Inc works to support the credit counseling industry through various initiatives.


Official website here: www.fcaa.org

Is Association Of Independent Consumer Credit Counseling Agencies Inc legitimate?

Association Of Independent Consumer Credit Counseling Agencies Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Association Of Independent Consumer Credit Counseling Agencies 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: $115,943
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.fcaa.org

What is the mission statement of Association Of Independent Consumer Credit Counseling Agencies Inc?

The Association of Independent Consumer Credit Counseling Agencies Inc's mission is centered around providing high-value services to establish a balance between debt-challenged families and individuals, creditors, and its member agencies. This mission is aimed at facilitating the successful rehabilitation of those facing financial debt issues. The organization provides membership services, keeping its members informed about legislative changes, advocating for consumer financial education, and supporting industry-related issues. Additionally, the association offers informed leadership, advocacy, and value-added services to its members, continually striving to improve its effectiveness. The association also maintains a website providing informational and educational resources for both members and the general public.


Official website here: www.fcaa.org

What is the revenue of Association Of Independent Consumer Credit Counseling Agencies Inc?

Association Of Independent Consumer Credit Counseling Agencies Inc's revenue in 2023 was $345,668.


Official website here: www.fcaa.org

Who are the executives of Association Of Independent Consumer Credit Counseling Agencies Inc and what are their salaries?

The average compensation at Association Of Independent Consumer Credit Counseling Agencies Inc during 2023 was $115,943. There is 1 employee and 10 volunteers at Association Of Independent Consumer Credit Counseling Agencies Inc.

Here are 11 key members and their salaries:


Lori Pollack (Executive Director)
  • Compensation: $110,442
  • Related: $0
  • Other: $5,500
Martin Lynch (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Viale (Vice President And Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judith Sorensen (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Heinemann Trustee (Until May 2023, Then Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hilton Sher (Treasurer Until May 2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Graves (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robb Czyzewskic (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Herman (Trustee As Of May 2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Hohman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Munster (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fcaa.org

Where can I find the form 990 for Association Of Independent Consumer Credit Counseling Agencies Inc?

Association Of Independent Consumer Credit Counseling Agencies Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.fcaa.org

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

Mission Statement of Association Of Independent Consumer Credit Counseling Agencies Inc

The Association of Independent Consumer Credit Counseling Agencies Inc is committed to providing high-value services aimed at establishing a balance between debt-challenged families and individuals, creditors, and its member agencies. This nonprofit organization's mission is to facilitate the successful rehabilitation of these families and individuals, ensuring equilibrium in their financial situations.

To achieve this mission, the Association offers a range of membership services. It keeps its members informed about state and federal legislation, advocates for consumer financial education, supports industry issues and initiatives, and maintains positive relationships between creditors and the credit counseling industry. In addition, the Association provides informed leadership, advocacy, and value-added services to its members. This is achieved by collecting data on member needs, measuring member satisfaction, and continuously striving to improve the Association's effectiveness.

The Association's website also serves as a valuable resource, offering informational and educational materials for its members and the general public. By providing these services, the Association of Independent Consumer Credit Counseling Agencies Inc aims to help debt-challenged families and individuals navigate their financial struggles and rebuild their financial stability.

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Impact




October, 2024

The Association of Independent Consumer Credit Counseling Agencies Inc (AICCCA) plays a significant role in promoting financial stability among debt-challenged families and individuals. By facilitating communication and establishing equilibrium between consumers and creditors, AICCCA helps to create a supportive environment for those seeking to regain control over their finances.

Through its membership services, AICCCA informs its members about relevant state and federal legislation, ensuring that credit counseling agencies are aware of changes that may impact their operations and the consumers they serve. The organization champions consumer financial education, emphasizing the importance of informed decision-making in managing credit and debt. AICCCA actively supports industry issues through media initiatives, which helps to raise awareness and promote the value of certified credit counseling services.

By providing informed leadership and advocacy, AICCCA collects data on member needs and measures satisfaction to improve its offerings continually. This commitment to enhancement ensures that its members can provide high-quality support to individuals in financial distress. The association also maintains an educational website filled with resources for both professionals and consumers, reinforcing its role as an essential source of information in the industry.

In summary, AICCCA's impact can be seen in its efforts to foster positive relationships between creditors and credit counseling agencies, improve the quality of services provided to consumers, and promote financial literacy, thereby contributing to the overall rehabilitation of individuals facing financial challenges.




This information is meant to be a general summary of Association Of Independent Consumer Credit Counseling Agencies 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
$345,668 (2023)
Expenses
$337,182 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $8,105
  • Program Service Revenue: $310,063
  • Gross Receipts: $345,668

Assets and Liabilities:

  • Total Assets: $571,523
  • Total Liabilities: $131,028
  • Net Assets: $440,495

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Programs

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

MEMBERSHIP DUES

Revenue

$166,083

NET TELELEAD REVENUE

Revenue

$108,570

CONFERENCE REVENUES

Revenue

$35,410

Organization Details

Founding Year

1993

Principal Officer

Lori Pollack

NTEE Category

Code: P51 - Human services

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