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Credit Coalition

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

EIN: 760334549 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Credit Coalition?

Credit Coalition is a nonprofit organization that focuses on empowering its clients by offering financial and homebuyer counseling and education. Their mission is to help individuals make informed, sensible, and responsible decisions regarding their financial and housing objectives. They achieve this by providing training on credit understanding and development through their recognized program, "Fundamentals Of Good Credit". This program is recognized as an approved homebuyer counseling/education course by numerous down payment assistance programs in the Houston area.


Official website here: www.creditcoalition.org

Is Credit Coalition legitimate?

Credit Coalition is a legitimate nonprofit organization registered as a 501(c)(3) entity. Credit Coalition 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $105,066
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,673

For more financial information, click here


Official website here: www.creditcoalition.org

What is the mission statement of Credit Coalition?

Credit Coalition's mission is to empower its clients by offering financial and homebuyer counseling and education. This empowerment aims to help individuals make informed, reasonable, and responsible decisions regarding their financial and specific housing goals. The organization provides training in understanding and developing credit through its "Fundamentals Of Good Credit" program, which is recognized as an approved homebuyer counseling/education course for various Houston area down payment assistance programs. By offering these services, Credit Coalition aims to equip clients with the necessary knowledge to make sound financial decisions, ultimately leading to improved financial stability.


Official website here: www.creditcoalition.org

What is the revenue of Credit Coalition?

Credit Coalition's revenue in 2024 was $229,874.


Official website here: www.creditcoalition.org

Who are the executives of Credit Coalition and what are their salaries?

The average compensation at Credit Coalition during 2024 was $61,370. There are 2 employees at Credit Coalition.

Here are 20 key members and their salaries:


Sherrie Young (Executive Director)
  • Compensation: $105,067
  • Related: $0
  • Other: $0
Rudy Reyes (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gloria Sanderson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Bailey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Buccieri (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Beard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Misha Burkett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felecia Ellis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trisha Figaro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherra Holdman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karla Hollins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dorothy Jennings (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Verenice Ledbetter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Magee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marlon Mitchell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aarika Plunkett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Powell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyler Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcus Vasquez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Yager (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.creditcoalition.org

Where can I find the form 990 for Credit Coalition?

Credit Coalition's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.creditcoalition.org

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

Mission Statement of Credit Coalition

Credit Coalition is an organization committed to empowering its clients by offering financial and homebuyer counseling and education. The primary objective of Credit Coalition is to help individuals make prudent, sensible, and responsible decisions regarding their financial goals, particularly in relation to housing. The organization achieves this goal through its renowned program, "Fundamentals Of Good Credit," which serves as an approved homebuyer counseling and education course for various down payment assistance programs in the Houston area. By participating in this program, clients gain a deeper understanding of credit and learn how to develop and maintain good credit practices.

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Impact




October, 2024

Credit Coalition significantly impacts its community by empowering individuals with essential financial and homebuyer education. Through comprehensive counseling services, clients gain the knowledge needed to make informed and responsible decisions regarding their finances and housing goals. The "Fundamentals Of Good Credit" program plays a pivotal role in this empowerment, offering training recognized by various Houston-area down payment assistance programs. By enhancing understanding of credit, Credit Coalition equips clients to navigate their financial landscapes more effectively, ultimately fostering greater financial stability and homeownership in the Houston area.




This information is meant to be a general summary of Credit Coalition. 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
$229,874 (2024)
Expenses
$157,192 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $5,232
  • Program Service Revenue: $10,050
  • Gross Receipts: $229,874

Assets and Liabilities:

  • Total Assets: $188,182
  • Total Liabilities: $0
  • Net Assets: $188,182

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Organization Details

Principal Officer

Rudy Reyes

NTEE Category

Code: P51 - Human services

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