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Creditguard Of America Inc

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

EIN: 650273573 ✦ Fort lauderdale, FL ✦ Designated as a 501(c)(3)

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Overview

What is Creditguard Of America Inc?

Creditguard of America Inc., situated in Fort Lauderdale, Florida, is a nonprofit organization with a mission to provide credit counseling and debt management services, alongside offering free financial education to consumers. Established with a team of 87 dedicated individuals, the organization aims to assist individuals in managing their financial obligations effectively. The organization's activities are centered around offering financial guidance, helping consumers navigate their debt, and promoting financial literacy through educational resources.

Is Creditguard Of America Inc legitimate?

Creditguard Of America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Creditguard Of America 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: $583,575
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,237,926

For more financial information, click here

What is the mission statement of Creditguard Of America Inc?

Creditguard of America Inc. is committed to providing credit counseling and debt management services, alongside offering free financial education to consumers. Their mission is centered around empowering individuals to manage their financial well-being effectively. Through credit counseling, they aim to help consumers navigate their debt, while the free financial education component equips them with essential financial skills. The organization's services are designed to support consumers in taking control of their financial future.

Who is the CEO of Creditguard Of America Inc?

Shon Lees is the Officers of Creditguard Of America Inc.

What is the revenue of Creditguard Of America Inc?

Creditguard Of America Inc's revenue in 2022 was $5,979,099.

Who are the executives of Creditguard Of America Inc and what are their salaries?

The average compensation at Creditguard Of America Inc during 2022 was $32,431. There are 87 employees at Creditguard Of America Inc.


Here are 8 key members and their salaries:


Shon Lees (Officers)
  • Compensation: $356,190
  • Related: $0
  • Other: $0
Roger Costa (Officers/Dir)
  • Compensation: $114,496
  • Related: $0
  • Other: $0
Juan Valladares (Officers)
  • Compensation: $112,889
  • Related: $0
  • Other: $0
Dan Ducharme (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Hill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Lindstrom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Myers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Paterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Creditguard Of America Inc?

Creditguard Of America Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Creditguard Of America Inc

Creditguard of America Inc is dedicated to providing credit counseling and debt management services, alongside offering free financial education to consumers. Their mission is centered around helping individuals manage their financial obligations and improve their financial literacy. By offering credit counseling, Creditguard of America Inc aims to assist consumers in navigating their debts, providing them with strategies and tools to become financially stable. Furthermore, the organization provides free financial education, equipping individuals with the knowledge necessary to make informed financial decisions and improve their overall financial well-being.

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Impact




October, 2024

Creditguard Of America Inc significantly contributes to the financial well-being of consumers by offering credit counseling and debt management services. Located in Fort Lauderdale, FL, the organization provides essential resources that help individuals navigate their financial challenges. Through personalized counseling, it empowers consumers to understand their credit situations and develop actionable plans to manage debt effectively.

Additionally, Creditguard offers free financial education, equipping consumers with the knowledge necessary to make informed decisions about their finances. This comprehensive support aims to enhance financial literacy, ultimately fostering a more financially stable community. By addressing the unique needs of those struggling with debt, Creditguard plays a vital role in promoting healthier financial practices and improving overall economic resilience.




This information is meant to be a general summary of Creditguard Of America 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.

Revenue
$5,979,099 (2022)
Expenses
$7,017,723 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$2,089
  • Program Service Revenue: $3,532,775
  • Gross Receipts: $5,981,188

Assets and Liabilities:

  • Total Assets: $2,325,188
  • Total Liabilities: $1,185,726
  • Net Assets: $1,139,462

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Programs

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

PROGRAM SERVICE

Revenue

$3,532,775

Organization Details

Founding Year

1991

Principal Officer

Shon Lees

Main Address

2755 NW 63RD COURT, FORT LAUDERDALE, FL, 33309

NTEE Category

Code: P51 - Human services

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