Consumer Debt Counselors Inc.

Consumer Debt Counselors Inc.

Winter Park, FL 32789
Tax ID59-3548266

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About this organization

Revenue

$1,388,888

Expenses

$1,358,527

Mission

Financial crisis counseling and financial literacy.

About

As an accredited member of the National Foundation for Credit Counseling (NFCC), Consumer Debt Counselors provides financial counseling and education to thousands of consumers each year in person, over the phone or online. During FY 2019, Consumer Debt Counselors provided counseling to 2,798 clients. This process includes working with clients to assess their financial situation, develop a budget, set financial goals and create an action plan. Some of these clients who receive counseling additionally choose to enroll in a debt management program (DMP), which provides systematic repayment of certain debts. Additionally, some clients who received counseling additionally worked with Consumer Debt Counselors to identify and implement their qualified solutions to deal with their student loan debt. Finally, many clients call with simple requests for information or to obtain referrals to other qualified agencies that can better assist them.

Interesting data from their 2020 990 filing

The filing reveals the mission of the non-profit as “Provide financial literacy programs that promote the stewardship of financial resources; provide financial crisis counseling on a low-cost/no-cost basis; and, serve as a community resource for financial counseling and education.”.

When detailing its functions, they were listed as: “Financial crisis counseling and financial literacy.”.

  • According to the law, the state where the non-profit operates has been reported as FL.
  • The filing specifies that the non-profit's address in 2020 was 831 WEST MORSE BLVD, WINTER PARK, FL, 32789.
  • As of 2020, the non-profit's form shows they have a total of 23 employees.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $30,361.
  • The organization has 6 independent voting members.
  • The organization was formed in 1998.
  • The organization pays $860,847 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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