American Collectors Assoc Of Texas

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

EIN: 756038174 ✦ Tyler, TX ✦ Designated as a 501(c)(6)

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Overview

What is American Collectors Assoc Of Texas?

The American Collectors Assoc of Texas, serving as a trade association, primarily focuses on educating its members about legal codes related to collections. They achieve this through webinars and annual conferences, although these have been postponed due to COVID-19 concerns. The association plays a crucial role in disseminating legislative rulings and regulating collection practices, setting ethical standards and enforcing conduct among its members. To further support its members, the American Collectors Assoc of Texas publishes a quarterly magazine and sends collection-related information via newsletters to around 200 members four times a year.


Official website here: www.southwestcollectors.org

Is American Collectors Assoc Of Texas legitimate?

American Collectors Assoc Of Texas is a legitimate nonprofit organization registered as a 501(c)(6) entity. American Collectors Assoc Of Texas 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.


Official website here: www.southwestcollectors.org

What is the mission statement of American Collectors Assoc Of Texas?

The American Collectors Assoc of Texas, as a trade association, primarily focuses on educating its members about legal codes related to collection practices. It achieves this through webinars and an annual conference, although recent events have been cancelled due to COVID-19 concerns. The association also disseminates legislative rulings and regulates collection practices, setting ethical codes and enforcing conduct among its members. Additionally, the American Collectors Assoc of Texas publishes a quarterly magazine and sends collection-related information via newsletters to approximately 200 members four times a year. The organization serves to inform and guide its members, ensuring they adhere to ethical standards in their collection activities.


Official website here: www.southwestcollectors.org

Who is the CEO of American Collectors Assoc Of Texas?

Stacy Willis is the President of American Collectors Assoc Of Texas.


Official website here: www.southwestcollectors.org

What is the revenue of American Collectors Assoc Of Texas?

American Collectors Assoc Of Texas's revenue in 2022 was $128,825.


Official website here: www.southwestcollectors.org

Who are the executives of American Collectors Assoc Of Texas and what are their salaries?


Here are 12 key members and their salaries:


Peter Pitchford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Gay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Perdue (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Finney (Delegate)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Smith (Delegate)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Rifenberg (Delegate)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Nagy (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Hearn (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Willis (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Lee-Garner (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Morgan (Executive Direc)
  • Compensation: $80,000
  • Related: $0
  • Other: $0


Official website here: www.southwestcollectors.org

Where can I find the form 990EZ for American Collectors Assoc Of Texas?

American Collectors Assoc Of Texas's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.southwestcollectors.org

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

Mission Statement of American Collectors Assoc Of Texas

The American Collectors Association of Texas, in essence, serves as an informative resource for its members, focusing on legal codes related to their field. This nonprofit organization empowers its members through educational opportunities, such as webinars and an annual conference, albeit cancellations due to COVID-19 concerns. As a trade association, its role extends beyond education, involving the dissemination of legislative rulings and the regulation of collection practices. It establishes ethical guidelines and enforces conduct among its members, ensuring a level of professionalism and responsibility within the association.

The American Collectors Association of Texas also maintains a publication arm, releasing a quarterly magazine and distributing collection-related information via newsletters to around 200 members four times a year. This regular communication helps to keep members informed and up-to-date on the latest developments and best practices within the industry. By providing this comprehensive suite of resources and support, the American Collectors Association of Texas helps to equip its members with the knowledge and tools they need to succeed in their careers, while also fostering a sense of community and camaraderie among its members.

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Impact




October, 2024

The American Collectors Association of Texas plays a significant role in supporting and guiding collection professionals in the region. By informing its members about legal codes and regulations, the association fosters a better understanding of compliance and ethical standards within the collection industry. Through educational initiatives such as webinars and an annual conference, it equips members with the tools they need to navigate complex legal landscapes and enhance their practices.

As a trade association, it actively disseminates crucial legislative rulings, which helps members stay informed about changes in laws that could impact their work. By regulating collection practices, the association not only sets a standard for ethical behavior but also helps to elevate the overall reputation of the profession. Its quarterly magazine and newsletters provide ongoing education and resources, keeping approximately 200 members updated on best practices and industry developments.

Despite challenges posed by the COVID-19 pandemic, the association’s commitment to continuous learning and ethical conduct has remained steadfast, contributing to community improvement by promoting responsible collection practices and ensuring fair treatment for debtors. This impact is felt not only by its members but also by the wider community, as ethical collection practices can lead to more sustainable economic relationships.




This information is meant to be a general summary of American Collectors Assoc Of Texas. 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
$128,825 (2022)
Expenses
$158,139 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $722
  • Program Service Revenue: $26,312
  • Gross Receipts: $128,825

Assets and Liabilities:

  • Total Assets: $82,204
  • Total Liabilities: $5,025
  • Net Assets: $77,179

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Organization Details

Principal Officer

Stacy Willis

Main Address

305 SOUTH BROADWAY STE 706, TYLER, TX, 75701

NTEE Category

Code: S41 - Community improvement

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