Overview
What is National Association Of Consumer Credit Administrators?
The National Association of Consumer Credit Administrators is a nonprofit organization situated in Albany, New York. Its primary focus is serving the consumer credit public. The association engages in collaborative programs with industry professionals to examine and discuss lending practices. Annually, they host business meetings where they elect new officers and attract around 80-90 members. Furthermore, the organization offers educational workshops on various consumer credit topics, such as mortgage loans, to more than 100 state and federal institution examiners. Their mission is to contribute positively to the consumer credit sector and promote responsible lending practices.
Is National Association Of Consumer Credit Administrators legitimate?
National Association Of Consumer Credit Administrators is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Association Of Consumer Credit Administrators 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 National Association Of Consumer Credit Administrators?
The National Association of Consumer Credit Administrators serves a mission dedicated to the consumer credit sector. Its primary objective is to engage in discussions with industry personnel regarding lending practices. The association hosts annual business meetings, during which they elect new officers. Approximately 80-90 members participate in these meetings. Furthermore, the organization offers educational classes on various consumer credit topics, including mortgage loans, to over 100 state and federal institution examiners.
Who is the CEO of National Association Of Consumer Credit Administrators?
Neal Monaghan is the President of National Association Of Consumer Credit Administrators.
What is the revenue of National Association Of Consumer Credit Administrators?
National Association Of Consumer Credit Administrators's revenue in 2023 was $168,214.
Who are the executives of National Association Of Consumer Credit Administrators and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990EZ for National Association Of Consumer Credit Administrators?
National Association Of Consumer Credit Administrators's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of National Association Of Consumer Credit Administrators
The National Association of Consumer Credit Administrators is dedicated to serving the public related to consumer credit. As part of its mission, the organization collaborates with individuals from the consumer credit industry to discuss and evaluate lending practices. To further its objectives, the association organizes annual business meetings, during which it elects new officers. The attendance at these events typically ranges between 80 and 90 members.
In addition to its annual meetings, the National Association of Consumer Credit Administrators offers educational classes to over 100 state and federal institution examiners. These classes cover various topics, with a particular focus on consumer credit mortgage loans. By providing this training, the organization aims to promote best practices and ensure that those responsible for overseeing consumer credit operations have the necessary knowledge and skills. This, in turn, helps to protect consumers and maintain the integrity of the industry.
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Impact
October, 2024
The National Association of Consumer Credit Administrators plays a pivotal role in shaping and enhancing the consumer credit landscape. By facilitating discussions among industry personnel regarding lending practices, it fosters collaboration that ultimately benefits consumers. The association's annual business meetings are a platform for approximately 80-90 members to exchange ideas and elect leadership, ensuring that the voice of consumer credit administrators is effectively represented.
Moreover, the organization is dedicated to education, offering training and resources to over 100 state and federal institution examiners on various topics, including consumer credit and mortgage loans. This educational commitment enhances the capabilities of regulators and examiners, promoting more knowledgeable oversight of the consumer credit industry. Located in Albany, NY, the association's efforts contribute to better governance, consumer protection, and informed lending practices, ultimately supporting the public interest within the consumer credit sector.
This information is meant to be a general summary of National Association Of Consumer Credit Administrators. 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.
- Program Service Revenue: $126,874
- Gross Receipts: $168,214
Assets and Liabilities:
- Total Assets: $147,464
- Total Liabilities: $21,853
- Net Assets: $125,611
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Organization Details
Phone
(518) 694-5542Principal Officer
Neal Monaghan
Main Address
136 EVERETT ROAD, ALBANY, NY, 12205
NTEE Category
Code: W00 - Public benefit
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