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Alliance For Responsible Consumer Legal Funding

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

EIN: 450843463 ✦ Rosemont, IL ✦ Designated as a 501(c)(6)

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Overview

What is Alliance For Responsible Consumer Legal Funding?

Alliance For Responsible Consumer Legal Funding is a nonprofit organization situated in Rosemont, Illinois. Its primary focus is to foster awareness within the legal community regarding the advantages of legal financing, while advocating for ethical practices within the legal finance industry. The organization supports various legal publications and has published educational articles by law professors, aiming to enlighten plaintiff attorneys and the broader legal sector about the merits of legal finance. To further promote professional standards, Alliance For Responsible Consumer Legal Funding offers a platform for open discussions on industry-relevant topics, serving as a valuable resource for industry professionals.


Official website here: www.arclegalfunding.org

Is Alliance For Responsible Consumer Legal Funding legitimate?

Alliance For Responsible Consumer Legal Funding is a legitimate nonprofit organization registered as a 501(c)(6) entity. Alliance For Responsible Consumer Legal Funding 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: $0

For more financial information, click here


Official website here: www.arclegalfunding.org

What is the mission statement of Alliance For Responsible Consumer Legal Funding?

The Alliance for Responsible Consumer Legal Funding aims to foster a deeper understanding and establish professional standards within the legal finance industry. By facilitating an open platform for discussion, the organization encourages the exchange of relevant ideas that contribute to the industry's growth. The Alliance also strives to increase awareness of the advantages of legal finance within the legal community, emphasizing the importance of ethical business practices within the industry. Furthermore, the organization supports various legal publications and has published articles authored by law professors, aiming to educate plaintiff attorneys and the broader legal industry about the merits of legal finance.


Official website here: www.arclegalfunding.org

Who is the CEO of Alliance For Responsible Consumer Legal Funding?

Eric Schuller is the President of Alliance For Responsible Consumer Legal Funding.


Official website here: www.arclegalfunding.org

What is the revenue of Alliance For Responsible Consumer Legal Funding?

Alliance For Responsible Consumer Legal Funding's revenue in 2022 was $672,250.


Official website here: www.arclegalfunding.org

Who are the executives of Alliance For Responsible Consumer Legal Funding and what are their salaries?

There 3 volunteers at Alliance For Responsible Consumer Legal Funding.


Here are 3 key members and their salaries:


Eric Schuller (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillipe Greenberg (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donata Ison (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.arclegalfunding.org

Where can I find the form 990 for Alliance For Responsible Consumer Legal Funding?

Alliance For Responsible Consumer Legal Funding's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.arclegalfunding.org

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

Mission Statement of Alliance For Responsible Consumer Legal Funding

The Alliance for Responsible Consumer Legal Funding is dedicated to fostering a deeper comprehension and upholding ethical standards within the legal finance industry. To accomplish this, the organization offers a platform that encourages the open exchange of ideas relevant to the sector. By promoting awareness of the advantages of legal finance within the legal community, the Alliance aims to enhance its understanding and acceptance. Furthermore, the organization supports various legal publications and has published articles written by law professors. These publications serve to educate both plaintiff attorneys and the legal industry regarding the benefits of legal finance, thereby contributing to the professional development of the industry.

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Impact




October, 2024

The Alliance For Responsible Consumer Legal Funding plays a crucial role in enhancing the legal finance industry by fostering greater understanding and professional standards. By creating a platform for the open exchange of ideas, it helps to raise awareness of the benefits associated with legal finance within the legal community. This initiative supports ethical business practices and promotes informed decision-making among plaintiff attorneys, leading to improved outcomes for clients.

Through its efforts, the Alliance contributes to a more knowledgeable legal workforce by publishing articles and supporting legal publications that educate legal professionals about the advantages of legal finance. The organization's commitment to community improvement ensures that stakeholders in the legal finance industry can engage with current trends, standards, and best practices, ultimately benefiting all parties involved.




This information is meant to be a general summary of Alliance For Responsible Consumer Legal Funding. 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
$672,250 (2022)
Expenses
$751,334 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $672,250
  • Gross Receipts: $672,250

Assets and Liabilities:

  • Total Assets: $41,974
  • Total Liabilities: $114,680
  • Net Assets: -$72,706

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Programs

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

Membership Dues

Revenue

$672,250

Organization Details

Founding Year

2011

Principal Officer

Eric Schuller

Main Address

9525 West Bryn Mawr 900, Rosemont, IL, 60018

NTEE Category

Code: S41 - Community improvement

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