Financial Information & Service Center Inc Dba Consumer Credit, operating under the name Consumer Credit Counseling Services, is located in Menasha, WI. The organization was established in 1985. According to its NTEE Classification (P51) the organization is classified as: Financial Counseling, under the broad grouping of Human Services and related organizations. Consumer Credit Counseling Services 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 09/2020, Consumer Credit Counseling Services generated $401.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.4%) each year. All expenses for the organization totaled $371.0k during the year ending 09/2020. As we would expect to see with falling revenues, expenses have declined by (15.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVE FINANCIAL STABILITY FOR FAMILIES & INDIVIDUALS BY TEACHING SOUND FINANCIAL PRINCIPLES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FINANCIAL INFORMATION & SERVICE CENTER PROVIDES FINANCIAL COUNSELING AND EDUCATION TO INDIVIDUALS. THE MAJORITY OF THESE INDIVIDUALS HAVE NEGATIVE NET WORTH. ABOUT 1,655 PEOPLE WERE SERVED VIA OFFICE VISITS IN 2020.
FINANCIAL INFORMATION & SERVICE CENTER ASSISTS PEOPLE WITH DEBT MANAGEMENT INCLUDING WORKING WITH CONSUMER CREDITORS. IN 2020, 210 INDIVIDUALS WERE SERVED.
FINANCIAL INFORMATION & SERVICE CENTER ASSISTS PEOPLE WITH HOUSING COUNSELING INCLUDING FORECLOSURE PREVENTION, PRE-PURCHASE & POST-PURCHASE COUNSELING, HOMELESS, RENTAL AND REVERSE MORTGAGE EDUCATION. IN 2020, 31 INDIVIDUALS WERE SERVED.
FINANCIAL INFORMATION & SERVICE CENTER PROVIDES FINANCIAL COUNSELING AND EDUCATION TO INDIVIDUALS. THE MAJORITY OF THESE INDIVIDUALS HAVE NEGATIVE NET WORTH. ABOUT 1,655 PEOPLE WERE SERVED VIA OFFICE VISITS IN 2020.
FINANCIAL INFORMATION & SERVICE CENTER ASSISTS PEOPLE WITH DEBT MANAGEMENT INCLUDING WORKING WITH CONSUMER CREDITORS. IN 2020, 210 INDIVIDUALS WERE SERVED.
FINANCIAL INFORMATION & SERVICE CENTER ASSISTS PEOPLE WITH HOUSING COUNSELING INCLUDING FORECLOSURE PREVENTION, PRE-PURCHASE & POST-PURCHASE COUNSELING, HOMELESS, RENTAL AND REVERSE MORTGAGE EDUCATION. IN 2020, 31 INDIVIDUALS WERE SERVED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gregg Curry Board Chair | OfficerTrustee | 1 | $0 |
Gary Lichtenberg Board Treasurer | OfficerTrustee | 1 | $0 |
Michael Lutz Board Vice-Chair | OfficerTrustee | 1 | $0 |
Nancy Branson Board Secretary | OfficerTrustee | 1 | $0 |
Christian Hess President & CEO | Officer | 1 | $0 |
Sabrina Kloehn VP - Finance | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $147,936 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $53 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $148,319 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $296,308 |
Total Program Service Revenue | $104,971 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $401,279 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $230,966 |
Pension plan accruals and contributions | $10,567 |
Other employee benefits | $44,842 |
Payroll taxes | $23,705 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $13,596 |
Advertising and promotion | $105 |
Office expenses | $8,390 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $1,314 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,770 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $6,768 |
Insurance | $686 |
All other expenses | $613 |
Total functional expenses | $370,961 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $0 |
Over the last fiscal year, we have identified 1 grants that Financial Information & Service Center Inc Dba Consumer Credit has recieved totaling $35,000.
Awarding Organization | Amount |
---|---|
Oshkosh Area United Way Inc Oshkosh, WI PURPOSE: FINANCIAL COUNSELING | $35,000 |
Organization Name | Assets | Revenue |
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Greenpath Inc Farmington Hills, MI | $64,402,300 | $48,847,735 |
North Iowa Community Action Organization Mason City, IA | $4,791,194 | $9,251,857 |
Homeownership Preservation Foundation Farmington Hills, MI | $9,859,367 | $7,508,104 |
Family Credit Counseling Service Inc Chicago, IL | $9,585,248 | $7,733,487 |
Familymeans Stillwater, MN | $14,787,567 | $4,858,760 |
Northwest Side Housing Center Chicago, IL | $2,986,371 | $4,446,523 |
Southwest Economic Solutions Detroit, MI | $1,547,756 | $3,561,883 |
National Association Of Investors Corporation Troy, MI | $3,876,994 | $2,170,565 |
Prepare And Prosper St Paul, MN | $2,509,288 | $2,156,071 |
Consumer Credit Of Des Moines Des Moines, IA | $2,361,855 | $1,382,576 |
Securefutures Foundation Inc Milwaukee, WI | $1,756,343 | $1,837,399 |
Moneythink Chicago, IL | $2,812,630 | $2,607,050 |