Overview
What is Credit & Debt Management Institute?
The Credit & Debt Management Institute, based in Bolivar, Tennessee, is a nonprofit organization that plays a significant role in the local community. With over a dozen dedicated employees, they provide comprehensive assistance and training in debt management, credit repair, and credit building. Their mission revolves around helping individuals manage their financial obligations and improve their credit scores, thereby empowering them to take control of their financial future. The institute is actively engaged in its mission, offering valuable services to enhance the financial well-being of its community members.
Official website here: www.cdmionline.com
Is Credit & Debt Management Institute legitimate?
Credit & Debt Management Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Credit & Debt Management Institute 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: $18,115
Professional Fundraising Fees: $0
Other Salaries and Wages: $52,879
For more financial information, click here
Official website here: www.cdmionline.com
What is the mission statement of Credit & Debt Management Institute?
The Credit & Debt Management Institute is dedicated to assisting the community in managing their debt and repairing their credit. Their mission involves employing a team of community members to provide preparation and training for debt management, credit repair, and credit building. The primary goal is to help individuals navigate these financial challenges, promoting financial wellness within the community. The institute does not provide specific details about its advocacy or educational initiatives, but its focus on credit repair and debt management suggests a commitment to financial empowerment.
Official website here: www.cdmionline.com
What is the revenue of Credit & Debt Management Institute?
Credit & Debt Management Institute's revenue in 2022 was $306,133.
Official website here: www.cdmionline.com
Who are the executives of Credit & Debt Management Institute and what are their salaries?
The average compensation at Credit & Debt Management Institute during 2022 was $11,832. There are 6 employees at Credit & Debt Management Institute.
There is 1 key member and their salary:
- Compensation: $18,115
- Related: $0
- Other: $0
Official website here: www.cdmionline.com
Where can I find the form 990 for Credit & Debt Management Institute?
Credit & Debt Management Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cdmionline.com
Learn more at the official website: www.cdmionline.com
Mission Statement of Credit & Debt Management Institute
Credit & Debt Management Institute, a community-focused organization, is dedicated to aiding individuals in managing their debts and improving their credit scores. The institute employs a team of more than a dozen community members to provide training and support for debt management, credit repair, and credit building. Their mission is to assist the community in navigating financial challenges, promoting financial stability and independence. By offering educational programs and resources, Credit & Debt Management Institute empowers individuals to take control of their financial situations, ultimately leading to improved financial well-being.
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Impact
October, 2024
The Credit & Debt Management Institute plays a vital role in enhancing financial literacy and stability within the community. By providing comprehensive training and assistance in credit repair and debt management, the institute empowers individuals to take control of their financial situations.
Employing over a dozen community members, the institute fosters local employment while delivering essential education on debt management, credit repair, and credit building strategies. This grassroots approach not only equips residents with the knowledge and skills needed to improve their credit scores and manage their debts effectively, but it also contributes to the overall economic well-being of Bolivar, TN.
Through its dedicated efforts, the institute helps individuals improve their financial health, paving the way for better housing opportunities and long-term financial security.
This information is meant to be a general summary of Credit & Debt Management Institute. 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.
- Gross Receipts: $306,133
Assets and Liabilities:
- Total Assets: $52,632
- Total Liabilities: $51,696
- Net Assets: $936
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Organization Details
Founding Year
2020
Principal Officer
Flerida Santana
Website
www.cdmionline.comNTEE Category
Code: L80 - Housing
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