Overview
What is American Credit Counseling Institute Inc?
American Credit Counseling Institute Inc, situated in Norristown, Pennsylvania, is a nonprofit organization committed to providing comprehensive financial assistance. Their primary focus lies in housing counseling and money management education, aiming to empower individuals with the necessary knowledge to manage their finances effectively. The institute offers foreclosure prevention services, pre-foreclosure counseling for homeowners, home buying education, and credit and budget education. Furthermore, they provide financial fitness education to help individuals achieve financial stability. With a dedicated team of five employees, American Credit Counseling Institute Inc serves as a vital resource for individuals seeking financial guidance and support.
Is American Credit Counseling Institute Inc legitimate?
American Credit Counseling Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Credit Counseling Institute 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: $162,926
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of American Credit Counseling Institute Inc?
The American Credit Counseling Institute Inc is dedicated to providing housing counseling and money management education and counseling. Their mission encompasses pre-foreclosure assistance for homeowners, home buying education and counseling, credit and budget education, and financial fitness education. The institute aims to equip individuals with the necessary tools to manage their finances effectively, preventing foreclosures and promoting financial stability.
Who is the CEO of American Credit Counseling Institute Inc?
Robert Ewing is the President of American Credit Counseling Institute Inc.
What is the revenue of American Credit Counseling Institute Inc?
American Credit Counseling Institute Inc's revenue in 2022 was $241,054.
Who are the executives of American Credit Counseling Institute Inc and what are their salaries?
The average compensation at American Credit Counseling Institute Inc during 2022 was $32,585. There are 5 employees at American Credit Counseling Institute Inc.
Here are 7 key members and their salaries:
- Compensation: $34,700
- Related: $0
- Other: $0
- Compensation: $47,590
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $27,850
- Related: $0
- Other: $0
- Compensation: $20,509
- Related: $0
- Other: $0
- Compensation: $4,577
- Related: $0
- Other: $0
- Compensation: $26,700
- Related: $0
- Other: $0
Where can I find the form 990 for American Credit Counseling Institute Inc?
American Credit Counseling Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of American Credit Counseling Institute Inc
American Credit Counseling Institute Inc is committed to providing housing counseling and money management education and counseling. Its primary mission involves assisting homeowners in preventing foreclosures through pre-foreclosure counseling. The institution also offers home buying education and counseling, helping individuals navigate the process of purchasing a home. Furthermore, American Credit Counseling Institute Inc focuses on credit and budget education, equipping individuals with the necessary financial skills to manage their finances effectively. The organization's goal is to promote financial fitness by educating individuals on various financial aspects, thereby empowering them to make informed financial decisions.
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Impact
October, 2024
American Credit Counseling Institute Inc plays a significant role in improving financial literacy and stability for individuals and families. Through its comprehensive range of services, it provides housing counseling and money management education, empowering clients with the skills needed to navigate financial challenges. The institute offers pre-foreclosure prevention support, helping homeowners take proactive steps to avoid losing their properties.
Additionally, it conducts home buying education and counseling, assisting prospective buyers in making informed decisions during the purchasing process. By focusing on credit and budget education, the institute plays a pivotal role in helping clients understand their financial health, manage debt, and build better financial habits. Overall, its commitment to financial fitness education fosters a community of informed consumers who can make sound financial decisions, leading to greater overall economic stability.
This information is meant to be a general summary of American Credit Counseling Institute 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 2022.
- Gross Receipts: $241,054
Assets and Liabilities:
- Total Assets: $206,225
- Total Liabilities: $263
- Net Assets: $205,962
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Organization Details
Founding Year
2000
Phone
(610) 620-5369Principal Officer
Robert Ewing
Main Address
603 SWEDE STREET, NORRISTOWN, PA, 19401
NTEE Category
Code: P51Z - Human services
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