Organizations Filed Purposes:
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.
PROVISION OF COUNSELING, EDUCATION AND DEBT REPAYMENT PLANS TO CONSUMERS. SEE PAGE 2, PART III, LINE 1 FOR ORGANIZATION'S MISSION AND PURPOSE
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.
DEBT MANAGEMENT PLANS:THE ORGANIZATION'S DEBT MANAGEMENT PLAN PROGRAM CONSISTS OF THE NEGOTIATION AND SERVICING OF REPAYMENT PLANS WITH CREDITORS ON BEHALF OF CONSUMER DEBTORS. THE PROVISION OF SUCH SERVICES IS REGULATED BY THE U.S. INTERNAL REVENUE SERVICE, MOST STATES, AND THE MAJOR BANKS PROVIDING THE UNDERLYING DEBT MANAGEMENT PLAN BENEFITS. REGULATIONS INCLUDE FEE RESTRICTIONS, BONDING AND INSURANCE, BANKING REQUIREMENTS, PRIVACY AND SECURITY POLICIES AND CONTROLS, ACCREDITATION AND CERTIFICATION OF THE ORGANIZATION, ITS MANAGEMENT AND EMPLOYEES, AND ANNUAL LICENSING AND REPORTING. THE ORGANIZATION IS ALSO SUBJECT TO PERIODIC AUDITS BY THESE REGULATING ENTITIES.SPECIFIC PROGRAM ACCOMPLISHMENTS ACHIEVED WERE AS FOLLOWS: DMCC SERVICED DEBT MANAGEMENT PLANS FOR APPROXIMATELY 7,800 CLIENTS, OF WHICH AN ESTIMATED 70% WERE LOW-MODERATE HOUSEHOLDS EARNING LESS THAN 80% OF THEIR AREA MEDIAN INCOME BASED ON GUIDELINES PUBLISHED BY THE U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES. DMCC DISBURSED OVER $16 MILLION IN DEBT REPAYMENTS TO THE CREDITORS OF ITS DEBT MANAGEMENT PLAN CLIENTS. DMCC SUCCESSFULLY COMPLETED OVER 1,400 DEBT MANAGEMENT PLAN ACCOUNTS FOR CLIENTS WHO REPAID THEIR ENROLLED DEBTS IN FULL.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Phil Heinemann | PRESIDENT/EXEC DIRECTOR | 40 | $161,665 |
| William Kalaf | TREASURER | 0 | $0 |
| Shannon Schaffer | VICE PRESIDENT | 0 | $0 |
| Carol O'Brien | SECRETARY | 0 | $0 |
| John Aleman | DIRECTOR | 0 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202011829349301611_public.xml