Maryland Consumer Rights Coalition, Inc.
Maryland Consumer Rights Coalition, Inc.
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About this organization
Mission
The Maryland Consumer Rights Coalition (MCRC) is a statewide coalition of individuals and organizations that advances and protects the interests of consumers through education, advocacy, and training programs. MCRC works to ensure fairness and safety in the marketplace.
About
SOAR: MCRC?s Securing Older Adult Resources (SOAR) program successfully raised awareness of the Maryland Homeowners' and Renters' Tax Credits through community outreach events and widely distributed PSA and media campaigns. The Tax Credit Hotline (443.961.6220) received 1,788 calls and the website, www.marylandtaxcredit.com, received 14,531 views in 2019. SOAR mailed 176 tax credit applications to Marylanders and completed more than 150 tax credit screenings. Overall, SOAR anticipates returning an average of $481 per renter, totaling $37,815. SOAR also expects to recapture an average of $1,339 per household, totaling $102,325 returned to Maryland homeowners. SOAR also assists older adults in longer-term financial counseling and coaching, providing 220 hours of financial counseling and coaching to 30 clients. In 2019, SOAR recaptured $262,053 for applicants through tax credits and earned benefits application assistance, and overall program ROI is approximately $1:$4.62; for every dollar spent on the program, $4.62 was returned through increased benefits.
Interesting data from their 2020 990 filing
The filing outlines the non-profit's goal as “A statewide coalition of individuals and affiliated organizations that advance consumer rights and financial inclusion through research, education, advocacy, direct service, and community organizing.”.
When explaining its purpose, the activities were outlined as: “A statewide coalition of individuals and affiliated organizations that advance consumer rights and financial inclusion through research, education, advocacy, direct service, and community organizing.”.
- As per legal reporting requirements, the state of operation for the non-profit is MD.
- The non-profit's address for 2020 is listed as 2209 MARYLAND AVE, BALTIMORE, MD, 21218 in the filing.
- As per the non-profit's form, they have 10 employees as of 2020.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $250,000 and $500,000.
- Revenue is between $500,000 and $1,000,000+.
- Revenue less expenses is $229,594.
- The CEO compensation package within the organization is determined through a review and endorsement by a neutral party.
- The organization has 11 independent voting members.
- The organization was formed in 2001.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $330,259 in salary, compensation, and benefits to its employees.
- The organization pays $22,870 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization's financial statements were reviewed by an accountant.