Overview
What is Consumer Credit Counseling Services Of Puerto Rico Inc?
Consumer Credit Counseling Services of Puerto Rico Inc is a nonprofit organization situated in San Juan, Puerto Rico. Their primary mission is to educate and advise consumers and financial professionals on responsible financial management, offering training and counseling tailored to their expectations and needs. As a result of amendments to the Bankruptcy Code, any individual in the process of filing for bankruptcy or already filed but yet to receive discharge from the court is required to receive counseling from an agency certified by the US Department of Justice, like theirs. With a team of 13 dedicated individuals, they provide financial consulting services, assisting individuals in navigating their fiscal challenges and setting achievable financial goals.
Is Consumer Credit Counseling Services Of Puerto Rico Inc legitimate?
Consumer Credit Counseling Services Of Puerto Rico Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Consumer Credit Counseling Services Of Puerto Rico 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: $139,125
Professional Fundraising Fees: $0
Other Salaries and Wages: $293,514
For more financial information, click here
What is the mission statement of Consumer Credit Counseling Services Of Puerto Rico Inc?
The Consumer Credit Counseling Services of Puerto Rico Inc's mission is centered around educating and providing advice to consumers and financial professionals. Their goal is to assist these entities in responsibly achieving their objectives by offering training and counseling tailored to their expectations and needs. The organization operates within the financial consulting services sector, offering bankruptcy counseling to individuals in the process of filing for bankruptcy or those who have filed but not yet received discharge from the court. This counseling is mandatory due to amendments made to the Bankruptcy Code, and the agency is certified by the US Department of Justice to provide such services.
What is the revenue of Consumer Credit Counseling Services Of Puerto Rico Inc?
Consumer Credit Counseling Services Of Puerto Rico Inc's revenue in 2023 was $748,074.
Who are the executives of Consumer Credit Counseling Services Of Puerto Rico Inc and what are their salaries?
The average compensation at Consumer Credit Counseling Services Of Puerto Rico Inc during 2023 was $39,331. There are 11 employees at Consumer Credit Counseling Services Of Puerto Rico Inc.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $132,500
- Related: $0
- Other: $6,625
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $284,124
- Other: $28,779
- Compensation: $0
- Related: $229,959
- Other: $25,933
- Compensation: $0
- Related: $178,452
- Other: $23,368
Where can I find the form 990 for Consumer Credit Counseling Services Of Puerto Rico Inc?
Consumer Credit Counseling Services Of Puerto Rico Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Consumer Credit Counseling Services Of Puerto Rico Inc
Consumer Credit Counseling Services of Puerto Rico Inc, as a financial consulting organization, is dedicated to educating and advising consumers and other entities in the financial profession and organizational development. Their mission is to empower individuals and entities to responsibly achieve their goals by providing them with tailored training and counseling that aligns with their expectations and needs. This nonprofit agency, certified by the US Department of Justice, plays a crucial role in offering bankruptcy counseling to individuals who are currently in the process of filing for bankruptcy or have already filed but have not yet received a discharge from the court. By offering these services, Consumer Credit Counseling Services of Puerto Rico Inc aims to equip individuals with the knowledge and guidance necessary to navigate the complexities of financial management and make informed decisions.
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Impact
October, 2024
Consumer Credit Counseling Services of Puerto Rico Inc plays a crucial role in the financial landscape of the region by offering essential consulting services, particularly in the area of bankruptcy counseling. This agency is certified by the U.S. Department of Justice, ensuring that individuals navigating bankruptcy proceedings receive the guidance they need during a challenging time.
By focusing on education and advice, the organization empowers consumers and various entities to make informed financial decisions. Their mission extends to enhancing financial literacy and promoting organizational development, allowing clients to pursue their financial goals responsibly. Through tailored training and counseling, they address the specific expectations and needs of individuals, equipping them with the tools necessary to improve their financial situations.
Overall, their impact extends beyond just immediate financial relief; they contribute to the long-term financial well-being of individuals and the broader community by fostering skills and resilience in financial management.
This information is meant to be a general summary of Consumer Credit Counseling Services Of Puerto Rico 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $15,635
- Program Service Revenue: $154,902
- Gross Receipts: $748,074
Assets and Liabilities:
- Total Assets: $689,028
- Total Liabilities: $178,844
- Net Assets: $510,184
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
All Other Professional Scientific and Technical Services
Revenue
$154,902
Program 2
Revenue
$0
Program 3
Revenue
$0
Program 4
Revenue
$0
Program 5
Revenue
$0
Organization Details
Founding Year
1990
Principal Officer
Arturo Carrion
NTEE Category
Code: P50 - Human services
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