Overview
What is Consumer Credit Counseling Services Of The Midwest Inc?
Consumer Credit Counseling Services of the Midwest Inc, commonly known as Apprisen, is a nonprofit organization based in Gahanna, Ohio. The primary objective of Apprisen is to improve the financial health of individuals and families by offering comprehensive financial counseling and education. In 2022, they conducted approximately 7,477 confidential counseling sessions, primarily with low-to-moderate income consumers. During these sessions, certified counselors analyze income, expenses, and debt, helping clients set financial goals and create a tailored plan to achieve them. Approximately 21% of clients enroll in a Debt Management Program (DMP), a structured program designed to assist individuals in repaying their unsecured debt. In 2022, individuals participating in Apprisen's DMP paid down $23,313,876 worth of debt, with 74% successfully completing the program. The organization's mission is centered around enhancing financial well-being through counseling, community outreach, and financial education. Apprisen employs a team of 32 dedicated professionals.
Official website here: www.apprisen.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Consumer Credit Counseling Services Of The Midwest Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting excellent accountability and financial management. This rating is based solely on the organization's high performance in accountability and finance, indicating strong governance and transparency in its operations.
The organization demonstrates significant strengths, including a fully independent board of directors and robust financial oversight practices. Its ratios for program expenses and fundraising efficiency are particularly noteworthy, with 74.16% of expenses directed towards programs and a fundraising efficiency ratio of just $0.05. These metrics suggest that the organization is effective in utilizing its resources to fulfill its mission.
No major limitations are highlighted in the data, indicating that the organization operates without issues related to asset diversion or financial mismanagement. Overall, the strong accountability and financial health of Consumer Credit Counseling Services Of The Midwest Inc signify a well-managed nonprofit committed to its goals.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Consumer Credit Counseling Services Of The Midwest Inc?
100% of 11 reviewers on Facebook recommend Consumer Credit Counseling Services Of The Midwest Inc. Here is a summary of their reviews:
The overwhelming sentiment is highly positive, with users expressing satisfaction with the services provided, particularly highlighting the effectiveness and support offered. One reviewer specifically mentioned their appreciation for India, suggesting a personal connection and excellent service experience.
Overall, it appears that this nonprofit has successfully met the needs of its clients, fostering a strong sense of trust and confidence in its offerings. The positivity from these reviews signals a commitment to delivering valuable and impactful services.
This AI summary has been generated from reviews found on Facebook.
Is Consumer Credit Counseling Services Of The Midwest Inc legitimate?
Consumer Credit Counseling Services Of The Midwest Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Consumer Credit Counseling Services Of The Midwest 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: $586,016
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,187,343
For more financial information, click here
Official website here: www.apprisen.com
What is the mission statement of Consumer Credit Counseling Services Of The Midwest Inc?
Consumer Credit Counseling Services of the Midwest Inc is committed to enhancing financial well-being among individuals and families. They achieve this through counseling sessions, community outreach, and financial education. Apprisen, the organization, conducts confidential financial counseling sessions with a majority of low-to-moderate income consumers. During these sessions, certified counselors analyze income, expenses, and debt, helping clients set financial goals and create a plan to achieve them. Approximately 21% of those counseled enroll in a Debt Management Program (DMP), which aids in repaying unsecured debt. In 2022, individuals in the DMP paid down over $23 million worth of debt, with 74% of enrollees successfully completing the program.
Official website here: www.apprisen.com
What is the revenue of Consumer Credit Counseling Services Of The Midwest Inc?
Consumer Credit Counseling Services Of The Midwest Inc's revenue in 2023 was $2,907,133.
Official website here: www.apprisen.com
Who are the executives of Consumer Credit Counseling Services Of The Midwest Inc and what are their salaries?
The average compensation at Consumer Credit Counseling Services Of The Midwest Inc during 2023 was $57,205. There are 31 employees and 8 volunteers at Consumer Credit Counseling Services Of The Midwest Inc.
Here are 11 key members and their salaries:
- Compensation: $200,892
- Related: $0
- Other: $33,480
- Compensation: $177,382
- Related: $0
- Other: $43,525
- Compensation: $91,975
- Related: $0
- Other: $38,762
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.apprisen.com
Where can I find the form 990 for Consumer Credit Counseling Services Of The Midwest Inc?
Consumer Credit Counseling Services Of The Midwest Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.apprisen.com
Learn more at the official website: www.apprisen.com
Mission Statement of Consumer Credit Counseling Services Of The Midwest Inc
Consumer Credit Counseling Services of the Midwest Inc is dedicated to enhancing the financial well-being of individuals and families. Their mission is accomplished through confidential counseling sessions, community outreach, and financial education. The organization's approach involves reviewing a client's income, monthly expenses, and debt, setting financial goals, and creating a customized plan to improve their financial health. Approximately 7,477 such sessions were held in 2022, primarily with low-to-moderate income consumers. Twenty-one percent of these clients entered into a Debt Management Program (DMP), a structured plan that aids individuals in repaying their unsecured debt. In 2022, clients in the DMP successfully paid down $23,313,876 worth of debt, with 74% completing the program successfully. In essence, Consumer Credit Counseling Services of the Midwest Inc plays a crucial role in helping people take control of their finances and work towards financial stability.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Consumer Credit Counseling Services of the Midwest Inc., through its operations, significantly enhances the financial health of individuals and families, particularly those in low-to-moderate income brackets. In 2022, the organization provided approximately 7,477 confidential counseling sessions, focusing on personalized financial assessment. Certified counselors assist clients in reviewing their income, monthly expenses, and debts, guiding them to establish achievable financial goals and develop tailored plans of action.
A notable impact of the organization is its Debt Management Program (DMP), where 21% of counseled clients opted for this structured approach to repay unsecured debt. In 2022 alone, participants in the DMP paid down an impressive $23,313,876 in debt, with a remarkable 74% of enrollees successfully completing the program. This success reflects the organization's commitment to improving the financial well-being of its clients.
Moreover, through ongoing community outreach and financial education initiatives, the organization fosters a broader understanding of financial management within the community. This holistic approach empowers clients to gain control over their financial situations, paving the way for improved overall financial stability and a brighter future.
This information is meant to be a general summary of Consumer Credit Counseling Services Of The Midwest 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 2023.
- Investment Income: $113,543
- Program Service Revenue: $1,301,026
- Gross Receipts: $7,278,903
Assets and Liabilities:
- Total Assets: $5,184,933
- Total Liabilities: $1,029,172
- Net Assets: $4,155,761
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEBT MANAGEMENT PROGRAM FEES
Revenue
$1,262,789
FINANCIAL EDUCATION PROGRAM
Revenue
$24,047
HOUSING EDUCATION
Revenue
$14,190
Organization Details
Founding Year
1967
Principal Officer
Jonathan M Cantrell
Website
www.apprisen.comNTEE Category
Code: P51 - Human services
If you are a representative of Consumer Credit Counseling Services Of The Midwest Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.