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Credit Counseling Center

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

EIN: 232754268 ✦ Richboro, PA ✦ Designated as a 501(c)(3)

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Overview

What is Credit Counseling Center?

Credit Counseling Center is a compassionate nonprofit organization situated in Richboro, Pennsylvania. Its primary focus is on providing personal counseling and social services, with a specific mission to assist individuals in managing their debt. The organization's activities are centered around credit counseling, offering strategies and guidance to help individuals navigate their financial obligations effectively.


Official website here: www.creditcounselingcenter.org

Is Credit Counseling Center legitimate?

Credit Counseling Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Credit Counseling Center 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $391,738

For more financial information, click here


Official website here: www.creditcounselingcenter.org

What is the mission statement of Credit Counseling Center?

The Credit Counseling Center, being a personal counseling or social service organization, focuses its mission on credit counseling and debt management. Their primary objective is to provide guidance and strategies for individuals managing their debts. The center aims to assist individuals in effectively managing their financial obligations, thereby promoting financial stability and well-being. The services offered by the Credit Counseling Center are geared towards helping individuals navigate their financial challenges, ultimately leading to improved financial literacy and financial health.


Official website here: www.creditcounselingcenter.org

Who is the CEO of Credit Counseling Center?

Paula Powers-Watts is the Board Chairm of Credit Counseling Center.


Official website here: www.creditcounselingcenter.org

What is the revenue of Credit Counseling Center?

Credit Counseling Center's revenue in 2022 was $438,639.


Official website here: www.creditcounselingcenter.org

Who are the executives of Credit Counseling Center and what are their salaries?

The average compensation at Credit Counseling Center during 2022 was $27,981. There are 14 employees and 11 volunteers at Credit Counseling Center.


Here are 14 key members and their salaries:


Ryan Fuller (Board Chairm)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teri Reif (Vice-Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Berlin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bradford Connard (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Grant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Breidinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aret Kalayjian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Folks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Maclin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael C Sullivan Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ervin Mcfadden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Griffin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Szwajkos Resigned 72022 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Powers-Watts (Executive Di)
  • Compensation: $76,476
  • Related: $0
  • Other: $0


Official website here: www.creditcounselingcenter.org

Where can I find the form 990 for Credit Counseling Center?

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


Official website here: www.creditcounselingcenter.org

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

Mission Statement of Credit Counseling Center

Credit Counseling Center, a personal counseling or social service organization, is dedicated to providing credit counseling and debt management services. Their primary mission is to assist individuals in managing their debts and improve their financial well-being. By offering credit counseling, the organization aims to empower individuals to make informed decisions about their financial future and navigate the complexities of debt. The ultimate goal of Credit Counseling Center is to help individuals gain financial stability and independence.

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Impact




October, 2024

Credit Counseling Center significantly impacts individuals and families in Richboro, PA, by providing essential credit counseling and debt management services. Through personalized counseling, clients receive guidance on managing their financial challenges, understanding their credit, and developing actionable plans to regain financial stability. This support not only helps reduce debt but also empowers clients with the knowledge and skills necessary for informed financial decision-making.

The center plays a vital role in enhancing the community's overall financial health, promoting responsible money management, and reducing the stigma associated with financial struggles. By addressing these issues, the Credit Counseling Center contributes to the economic wellbeing of Richboro residents and fosters a supportive environment for those seeking to improve their financial situations.




This information is meant to be a general summary of Credit Counseling Center. 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
$438,639 (2022)
Expenses
$569,935 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,069
  • Program Service Revenue: $195,434
  • Gross Receipts: $447,576

Assets and Liabilities:

  • Total Assets: $590,787
  • Total Liabilities: $3,236
  • Net Assets: $587,551

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Programs

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

HSCP

Revenue

$88,256

PHFA

Revenue

$34,275

PAHAF

Revenue

$30,600

DMP CLIENT INCOME

Revenue

$21,495

DMP CREDITOR INCOME

Revenue

$11,716

Organization Details

Founding Year

1994

Principal Officer

Paula Powers-Watts

Main Address

832 2ND STREET PIKE, RICHBORO, PA, 18954

NTEE Category

Code: P51 - Human services

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