Allen Credit & Debt Counseling Agency

Organization Overview

Allen Credit & Debt Counseling Agency is located in Wolsey, SD. The organization was established in 2007. According to its NTEE Classification (P51) the organization is classified as: Financial Counseling, under the broad grouping of Human Services and related organizations. As of 06/2021, Allen Credit & Debt Counseling Agency employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Allen Credit & Debt Counseling Agency is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Allen Credit & Debt Counseling Agency generated $1.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $1.2m during the year ending 06/2021. While expenses have increased by 0.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CONSUMER CREDIT COUNSELING & LOW INCOME HOUSING

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDES CONSUMER CREDIT MANAGEMENT SERVICES, CONVENIENT PRE-BANKRUPTCY CREDIT COUNSELING AND PERSONAL FINANCIAL MANAGEMENT INSTRUCTIONAL COURSES.


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Board, Officers & Key Employees

Name (title)Compensation
Glenn Jungemann
CEO
$196,680
Joel Prybil
Member
$0
Matt Niederbaumer
Vice Preside
$0
David Struck
President
$0
Damon Wolf
Member
$0
Mike Vaupel
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $275,800
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$275,800
Total Program Service Revenue$1,001,215
Investment income $36
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $63,828
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,340,879

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