Debt Management Credit Counseling Corp

Debt Management Credit Counseling Corp

Deerfield Bch, FL 33442
Tax ID65-0923483

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About this organization

Revenue

$2,252,143

Expenses

$2,190,449

Mission

PROVISION OF COUNSELING, EDUCATION AND DEBT REPAYMENT PLANS TO CONSUMERS. SEE PAGE 2, PART III, LINE 1 FOR ORGANIZATION'S MISSION AND PURPOSE

About

COUNSELING & EDUCATION:THE ORGANIZATION'S COUNSELING AND EDUCATION PROGRAMS FOCUS ON THE MANAGING OF CREDIT AND DEBT, BUDGETING OF PERSONAL FINANCES, AND HOUSING ISSUES. COUNSELING AND EDUCATION SERVICES ARE PRIMARILY PROVIDED THROUGH FACE-TO-FACE AND TELEPHONE COUNSELING SESSIONS, ONSITE SEMINARS AND WORKSHOPS AT SCHOOLS, COMMUNITY CENTERS AND BUSINESSES, ONLINE EDUCATIONAL COURSES, AND THE DISTRIBUTION OF FREE EDUCATIONAL MATERIALS. THE ORGANIZATION IS APPROVED BY HUD TO PROVIDE COMPREHENSIVE HOUSING COUNSELING TO RESIDENTS OF FLORIDA AND NEW YORK, INCLUDING PRE-PURCHASE COUNSELING AND HOMEBUYER EDUCATION, NON-DELINQUENCY POST PURCHASE COUNSELING, MORTGAGE DELINQUENCY AND DEFAULT RESOLUTION COUNSELING, FINANCIAL LITERACY, EDUCATIONAL WORKSHOPS, REVERSE MORTGAGE COUNSELING, AND HOMELESS COUNSELING SERVICES.SPECIFIC PROGRAM ACCOMPLISHMENTS ACHIEVED WERE AS FOLLOWS: DMCC CONDUCTED FINANCIAL EDUCATION SEMINARS AND WORKSHOPS FOR APPROXIMATELY 700 INDIVIDUALS AT NONPROFIT COMMUNITY ORGANIZATIONS AND SCHOOLS. DMCC CONDUCTED FINANCIAL EDUCATION SEMINARS AND WORKSHOPS FOR APPROXIMATELY 3,500 INDIVIDUALS AT EMPLOYER LOCATIONS AND FINANCIAL WELLNESS EVENTS. DMCC DISSEMINATED FREE FINANCIAL LITERATURE AND EDUCATIONAL MATERIALS TO ITS CLIENTS AND THE GENERAL PUBLIC THROUGH SEMINARS, THE U.S. MAIL, EMAIL AND ITS WEBSITES. EDUCATIONAL PAGES ON DMCC WEBSITES WERE VIEWED BY APPROXIMATELY 3,500 VISITORS DURING 2019. DMCC CONTINUED TO PROVIDE ITS PROPRIETARY ONLINE FINANCIAL LITERACY COURSES, DEBT, MONEY & CREDIT CONCEPTS AND HOME SWEET HOME, TO ITS CLIENTS, COMMUNITY SCHOOLS AND THE GENERAL PUBLIC FREE OF CHARGE. DURING 2019, APPROXIMATELY 300 INDIVIDUALS SUCCESSFULLY COMPLETED THESE COURSES. DMCC PUBLISHED EDUCATIONAL NEWSLETTERS THAT WERE DISTRIBUTED VIA EMAIL TO OVER 1,900 CONSUMERS PERIODICALLY THROUGHOUT THE YEAR. SUBSCRIPTION TO THE NEWSLETTER IS FREE OF CHARGE. DMCC PROVIDED PERSONAL FINANCIAL COUNSELING TO APPROXIMATELY 8,000 CONSUMERS, OF WHICH 4,400 WERE ENROLLED IN A DMCC PROGRAM. DMCC WAS AWARDED GRANTS TOTALING $264,927 TO PROVIDE HOUSING COUNSELING AND FINANCIAL LITERACY EDUCATION, INCLUDING PRE-PURCHASE HOME BUYING, POST-PURCHASE HOME OWNERSHIP, FORECLOSURE PREVENTION, AND HOMELESS ASSISTANCE. DURING THE HUD 2019 FISCAL YEAR, DMCC PROVIDED HOUSING COUNSELING SERVICES TO APPROXIMATELY 600 INDIVIDUALS AND FAMILIES.

Interesting data from their 2020 990 filing

The filing documents outline the non-profit's mission as “Our mission is to provide consumers education and budget counseling to improve their financial literacy and assist them in the management of their personal finances. we are committed to providing credit counseling through educational programs and materials, personal budgeting, housing counseling and debt management plans to financially distressed consumers, while maintaining fiscal integrity and utilizing the highest quality standards in the industry.”.

When outlining the tasks it performs, they were referred to as: “Provision of counseling, education and debt repayment plans to consumers. see page 2, part iii, line 1 for organization's mission and purpose”.

  • The non-profit's reported state of operation is FL as per legal requirements.
  • The filing reveals that the address of the non-profit in 2020 is 1100 S POWERLINE ROAD NO 101, DEERFIELD BEACH, FL, 33442.
  • As of 2020, the non-profit has 25 employees reported on their 990 form.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $61,694.
  • The organization has 4 independent voting members.
  • The organization was formed in 1999.
  • The organization pays $1,387,237 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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