Independent Consumer Finance Association Of South

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

EIN: 570697711 ✦ Spartanburg, SC ✦ Designated as a 501(c)(6)

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Overview

What is Independent Consumer Finance Association Of South?

The Independent Consumer Finance Association of South, based in Spartanburg, South Carolina, serves as a resource for the small loan industry within the state. Its primary mission is to help industry professionals navigate the evolving landscape, highlighting the advantages and adjustments that come with time. By offering insights and guidance, this nonprofit organization aims to support the small loan sector in South Carolina, ensuring its continued growth and success.

Is Independent Consumer Finance Association Of South legitimate?

Independent Consumer Finance Association Of South is a legitimate nonprofit organization registered as a 501(c)(6) entity. Independent Consumer Finance Association Of South 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: $28,867

For more financial information, click here

What is the mission statement of Independent Consumer Finance Association Of South?

The Independent Consumer Finance Association of South, as part of its mission, strives to aid the small loan industry within its realm. This organization focuses on helping industry players comprehend the evolving landscape and the potential advantages associated with these changes. By doing so, it aims to support the growth and development of the small loan sector, ultimately benefiting both the industry and its consumers.

Who is the CEO of Independent Consumer Finance Association Of South?

Lisa K Cato is the President of Independent Consumer Finance Association Of South.

What is the revenue of Independent Consumer Finance Association Of South?

Independent Consumer Finance Association Of South's revenue in 2022 was $157,945.

Who are the executives of Independent Consumer Finance Association Of South and what are their salaries?


Here are 4 key members and their salaries:


Duane Davis (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Phillips (Second V-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa K Cato (Secretary/Treasurer)
  • Compensation: $0
  • Related: $27,667
  • Other: $0
Kevin Dantzler (1St Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Independent Consumer Finance Association Of South?

Independent Consumer Finance Association Of South's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Independent Consumer Finance Association Of South

The Independent Consumer Finance Association of South, in its mission, aims to support the small loan industry in the state of South Carolina by helping them comprehend the evolving landscape and advantages of their sector. This organization serves as a resource, educating the industry on the ongoing changes and benefits that affect their operations. By doing so, the Independent Consumer Finance Association of South plays a crucial role in ensuring the industry's sustainability and growth in the state.

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Impact




October, 2024

The Independent Consumer Finance Association of South plays a vital role in supporting the small loan industry in South Carolina. By providing resources and insights, it helps industry stakeholders navigate changes and understand the benefits associated with their practices. This support fosters a knowledgeable community that can adapt to evolving regulations and economic conditions.

Their engagement in education and advocacy empowers businesses within the small loan sector to improve their operations, enhancing overall community economic well-being. By promoting sound practices and informed decision-making, the association contributes to a robust financial landscape, which ultimately benefits consumers seeking responsible lending options. Their mission aligns with community improvement efforts, ensuring that local businesses can thrive while also providing essential services to residents.




This information is meant to be a general summary of Independent Consumer Finance Association Of South. 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
$157,945 (2022)
Expenses
$154,579 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $157,945

Assets and Liabilities:

  • Total Assets: $247,798
  • Total Liabilities: $0
  • Net Assets: $247,798

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Organization Details

Founding Year

1960

Principal Officer

Lisa K Cato

Main Address

139 W MAIN ST, SPARTANBURG, SC, 29306

NTEE Category

Code: S41 - Community improvement

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