Aaa Fair Credit Foundation

Aaa Fair Credit Foundation

Salt Lake City, UT 84101
Tax ID84-1411225

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About this organization

Revenue

$598,988

Expenses

$733,939

Mission

Teach individuals and families how to save, spend, invest, borrow, and manage their finances wisely to improve and sustain financial well-being.

About

Savings programs - 1 individual development accounts match the savings of low income working Utahns with $3 for every $1 up to $1,500 saved toward the purchase of a first home, small business start-up or capitalization, an assistive technology for work related activities and/or post-secondary education including vocational training. 2 opportunity accounts are monitored savings accounts for people participating in financial coaching. They can be used to pay down debt, save for self-identified goals or emergency savings account. 3 Utah saves is a campaign to motivate, support, and encourage low income Utahns to save, reduce debt and build wealth.

Interesting data from their 2020 990 filing

The purpose of the non-profit is outlined in the filing as “Teach individuals and families how to manage their finances wisely to improve and sustain financial well-being”.

When discussing its operations, they were defined as: “Teach individuals and families how to manage their finances wisely to improve and sustain financial well-being”.

  • The state where the non-profit operates has been legally reported as UT.
  • The filing indicates that the non-profit's address in 2020 is located at 230 WEST 200 SOUTH 3104, SALT LAKE CITY, UT, 84101.
  • The non-profit has reported 18 employees on their form as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Provides credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is -$134,951.
  • The CEO's remuneration policy within the organization is established through an impartial review and endorsement process.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 9 independent voting members.
  • The organization was formed in 1997.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $430,238 in salary, compensation, and benefits to its employees.
  • The organization pays $11,582 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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