Overview
What is Bedrock Credit America Inc?
Bedrock Credit America Inc, based in Southbury, Connecticut, is a charitable organization with a mission to bridge the gap in public understanding of the credit system and provide practical solutions for maintaining proper credit. Established under Section 501(c)(3) of the Internal Revenue Code, their goals include relieving distress, supporting underacknowledged individuals, combating community deterioration, and eliminating prejudice and discrimination. The organization serves underprivileged communities by offering free credit education and tailored action plans, addressing specific issues in an easy-to-understand manner and fostering hope for individuals struggling with credit issues. Bedrock Credit America Inc collaborates with various entities such as community businesses, banks, and schools to organize public credit education seminars, aiming to spread financial literacy.
Official website here: www.bedrockcreditamerica.org
Is Bedrock Credit America Inc legitimate?
Bedrock Credit America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bedrock Credit 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $62,500
For more financial information, click here
Official website here: www.bedrockcreditamerica.org
What is the mission statement of Bedrock Credit America Inc?
Bedrock Credit America Inc, as a charitable organization, aims to address the widespread misunderstanding of the credit system and how to maintain good credit. Their mission is to serve the underprivileged communities by offering free credit education and practical application. They create customized education and action plans to address specific credit-related issues in a straightforward manner, thereby instilling hope in those currently struggling with their credit. Through partnerships with various entities such as community businesses, banks, mortgage lenders, and non-profits, Bedrock Credit America Inc organizes free credit education seminars open to the public, fostering financial literacy and empowerment.
Official website here: www.bedrockcreditamerica.org
Who is the CEO of Bedrock Credit America Inc?
Stephen Preisig is the Exec Directo of Bedrock Credit America Inc.
Official website here: www.bedrockcreditamerica.org
What is the revenue of Bedrock Credit America Inc?
Bedrock Credit America Inc's revenue in 2022 was $93,800.
Official website here: www.bedrockcreditamerica.org
Who are the executives of Bedrock Credit America Inc and what are their salaries?
The average compensation at Bedrock Credit America Inc during 2022 was $20,833. There are 3 employees at Bedrock Credit America Inc.
Here are 5 key members and their salaries:
- Compensation: $33,000
- Related: $0
- Other: $0
- Compensation: $2,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.bedrockcreditamerica.org
Where can I find the form 990 for Bedrock Credit America Inc?
Bedrock Credit America Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bedrockcreditamerica.org
Learn more at the official website: www.bedrockcreditamerica.org
Mission Statement of Bedrock Credit America Inc
Bedrock Credit America Inc, a charitable organization, has been established with a mission to address the general lack of understanding about how the credit system works and what can be done to maintain proper credit. Recognizing the struggles faced by the underprivileged, Bedrock Credit America plans to correct this issue through community outreach and education. The organization aims to serve this demographic by offering free credit education and practical application, creating customized education and action plans for individuals. By addressing specific credit-related issues in an easy-to-understand manner, Bedrock Credit America seeks to instill hope in those currently struggling with their credit.
Bedrock Credit America also partners with various community businesses, banks, mortgage lenders, realtors, churches, schools, and other non-profits to offer free credit education seminars open to the public. Through these seminars, the organization aims to provide valuable information and tools to help individuals better manage their credit, ultimately leading to improved financial stability and well-being. By focusing on education and practical application, Bedrock Credit America is committed to empowering the underprivileged and promoting financial literacy within their communities.
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Impact
October, 2024
Bedrock Credit America Inc is dedicated to addressing a significant gap in understanding the credit system and its implications for individuals, particularly the underprivileged in the community. By providing free credit education and creating customized action plans, the organization empowers individuals to manage their credit effectively. This initiative is crucial, as many people struggle with credit-related issues due to a lack of knowledge about the system's workings.
Through community outreach, Bedrock Credit America fosters awareness and provides practical applications that simplify complex credit concepts. Their approach not only educates individuals but also generates hope and fosters personal responsibility among those facing credit challenges. Furthermore, by partnering with local businesses, financial institutions, and community organizations, they enhance their outreach efforts and create a network of support that benefits the entire community.
The impact of Bedrock Credit America extends beyond individual education; it combats community deterioration and works towards eliminating prejudice and discrimination, ensuring that everyone has an equal opportunity to improve their financial literacy and credit standing. In an increasingly credit-driven world, Bedrock Credit America plays a vital role in helping individuals rebuild their credit profiles and achieve financial stability, creating a ripple effect that strengthens the community as a whole.
This information is meant to be a general summary of Bedrock Credit 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $93,800
- Gross Receipts: $93,800
Assets and Liabilities:
- Total Assets: $3,021
- Total Liabilities: $53
- Net Assets: $2,968
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Organization Details
Founding Year
2022
Principal Officer
Stephen Preisig
Main Address
250 OLD WOODBURY ROAD, SOUTHBURY, CT, 06488
Website
www.bedrockcreditamerica.orgNTEE Category
Code: P51 - Human services
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