Overview
What is American Consumer Council?
The American Consumer Council (ACC) is a nonprofit organization, headquartered in San Diego, California, with a mission to educate and advocate for consumer rights. Boasting a membership of 428,256 individuals, ACC provides customized financial literacy videos on various topics, tailored to its membership and corporate partners. In response to the lifting of pandemic restrictions, ACC has initiated surveys to gauge interest in in-person seminars. The organization keeps its members informed through monthly updates on consumer issues and alerts, delivered via newsletters and website updates. With a small team of only two employees, ACC's mission is to empower and protect consumers through education and advocacy.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
The American Consumer Council has received a rating of 79%, which indicates a solid performance in terms of accountability and finance. A significant strength of the organization is its governance, as evidenced by having a majority of independent board members, a strong conflict of interest policy, and comprehensive whistleblower and document retention policies. Additionally, the organization shows a remarkable commitment to its mission, with a program expense ratio of 100%, indicating that all its expenditures are directed towards its programs.
Another notable strength includes its excellent financial health, highlighted by a liabilities to assets ratio of 0.00%, suggesting that the organization is effectively managing its resources without incurring debt. The lack of any material diversion of assets further underscores its financial integrity.
However, while the rating reflects a commendable level of transparency and accountability, the Three-Star rating suggests there is room for improvement in certain areas to achieve a higher distinction. Overall, the American Consumer Council demonstrates a positive commitment to consumer advocacy and responsible financial management.
This AI summary has been generated from information found on Charity Navigator.
Is American Consumer Council legitimate?
American Consumer Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Consumer Council 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: $115,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $23,600
For more financial information, click here
What is the mission statement of American Consumer Council?
The American Consumer Council is dedicated to providing consumer education and advocacy for its 428,256 members. They accomplish this through custom educational videos, newsletters, and website updates, delivering crucial consumer information and alerts. The organization has expanded its financial literacy resources by creating customized videos on various topics, as requested by its membership and corporate partners. With pandemic restrictions lifting, the council is considering the option of in-person seminars. Regular updates to the ACC website keep the membership informed on consumer issues and alerts.
Who is the CEO of American Consumer Council?
Thomas D Hinton is the President/Director of American Consumer Council.
What is the revenue of American Consumer Council?
American Consumer Council's revenue in 2022 was $1,071,816.
Who are the executives of American Consumer Council and what are their salaries?
The average compensation at American Consumer Council during 2022 was $69,300. There are 2 employees and 18 volunteers at American Consumer Council.
Here are 7 key members and their salaries:
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- Compensation: $115,000
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Where can I find the form 990 for American Consumer Council?
American Consumer Council's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of American Consumer Council
The American Consumer Council, a nonprofit organization, is committed to providing consumer education and advocacy to its 428,256 members. They achieve this through custom educational videos, newsletters, and regular updates on their website, focusing on consumer information and alerts. In addition to their digital initiatives, the American Consumer Council has developed and introduced various customized financial literacy videos on various topics, as per the requests of their membership and corporate partners. With the easing of pandemic restrictions, the organization has started surveying its membership to gauge interest in in-person seminars. Regular updates on the ACC website keep their members informed on current consumer issues and alerts.
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Impact
October, 2024
The American Consumer Council (ACC) plays a significant role in enhancing consumer education and advocacy for its 428,256 members. By providing customized educational videos, newsletters, and timely website updates, the ACC empowers consumers with essential information and alerts regarding various consumer-related issues.
Their financial education programs have expanded significantly, introducing tailored videos on various topics as requested by the membership and corporate partners. This responsiveness to member needs highlights the ACC's commitment to equipping consumers with the knowledge they require to make informed financial decisions.
In addition to digital resources, the ACC has actively sought feedback on the potential for in-person seminars, reflecting a dedication to adapting its approach to education in response to members' preferences. Regular website updates ensure that members stay informed about critical consumer issues, fostering a well-informed community ready to navigate the complexities of the marketplace. Through these efforts, the ACC contributes to a more knowledgeable consumer base, promoting advocacy and empowerment in financial literacy and consumer rights.
This information is meant to be a general summary of American Consumer Council. 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.
- Program Service Revenue: $126,788
- Gross Receipts: $1,071,816
Assets and Liabilities:
- Total Assets: $1,455,943
- Total Liabilities: $0
- Net Assets: $1,455,943
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATION PROGRAMS
Revenue
$126,788
Organization Details
Founding Year
1996
Phone
(760) 787-0414Principal Officer
Thomas D Hinton
Main Address
PO BOX 503016, SAN DIEGO, CA, 92150
NTEE Category
Code: W90Z - Public benefit
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