Creditors Bar Coalition Of Illinois

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

EIN: 272097339 ✦ Vernon hills, IL ✦ Designated as a 501(c)(4)

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Overview

What is Creditors Bar Coalition Of Illinois?

The Creditors Bar Coalition of Illinois is a nonprofit organization that actively advocates and works to safeguard the legal process of debt collection. Their primary focus is preserving this crucial aspect of the legal system. The coalition offers consulting services to further its mission, providing valuable insights and advice in this area. By doing so, they contribute to maintaining a fair and efficient debt collection system in Illinois.

Is Creditors Bar Coalition Of Illinois legitimate?

Creditors Bar Coalition Of Illinois is a legitimate nonprofit organization registered as a 501(c)(4) entity. Creditors Bar Coalition Of Illinois submitted a form 990EZ, 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.

What is the mission statement of Creditors Bar Coalition Of Illinois?

The Creditors Bar Coalition of Illinois is dedicated to advocating for the preservation of legal debt collections. Their mission involves engaging in lobbying activities and offering consulting services. Their primary objective is to safeguard the interests of those involved in debt collection processes within the legal framework. The coalition's activities aim to ensure that legal debt collection remains a viable and effective means of resolving financial obligations.

Who is the CEO of Creditors Bar Coalition Of Illinois?

Unavailable

What is the revenue of Creditors Bar Coalition Of Illinois?

Creditors Bar Coalition Of Illinois's revenue in 2022 was $43,500.

Who are the executives of Creditors Bar Coalition Of Illinois and what are their salaries?


Here are 3 key members and their salaries:


Fred Blitt (President / Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Lansky (Board / Key Employee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Albert (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Creditors Bar Coalition Of Illinois?

Creditors Bar Coalition Of Illinois's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Creditors Bar Coalition Of Illinois

The Creditors Bar Coalition of Illinois is an organization with a mission to preserve legal debt collections. In pursuit of this goal, they engage in lobbying activities and provide consulting services. Their primary objective is to safeguard the interests of creditors in debt collection matters, striving to maintain a fair and orderly process. The coalition's programs are designed to advocate for policies that support legal debt collection, ensuring that creditors can effectively recover debts while adhering to ethical and legal standards.

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Impact




October, 2024

The Creditors Bar Coalition of Illinois plays a significant role in shaping the landscape of legal debt collections. By lobbying for the interests of creditors, the coalition aims to preserve and protect the mechanisms that enable debt recovery through legal means. Their advocacy efforts influence legislation and policies related to debt collection, ensuring that creditors have the tools necessary to recover outstanding debts effectively.

Additionally, the coalition provides consulting services, which can help members navigate the complexities of the legal debt collection process. This support equips creditors with the knowledge and resources needed to operate within the legal framework, thereby enhancing their ability to enforce debt obligations responsibly and ethically.

Overall, the impact of the Creditors Bar Coalition of Illinois can be seen in its efforts to maintain a robust legal framework for debt collections, support creditors in their recovery processes, and contribute to an organized approach to managing debts in the state.




This information is meant to be a general summary of Creditors Bar Coalition Of Illinois. 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
$43,500 (2022)
Expenses
$59,000 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $43,500

Assets and Liabilities:

  • Total Assets: $945
  • Total Liabilities: $30,000
  • Net Assets: -$29,055

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Organization Details

Main Address

775 Corporate Woods Parkway, Vernon Hills, IL, 60061

NTEE Category

Code: I80 - Crime

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