Consolidated Credit Solutions
Consolidated Credit Solutions reported $22.2 million in revenue and $22.2 million in expenses for the fiscal year ending January 31, 2025. Of every $100 it spent, $88.45 went to program services, $11.55 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 85.5% of the total. The highest compensation it reported for one person was $373,358 (OFFICER). 8 people received more than $100,000 in reportable compensation. Revenue fell 20% between FY2021 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending January 31, 2025 · Form 990, Part IX, line 25 · total expenses $22MFor context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending January 31, 2025 · Form 990, Part VIII · total revenue $22MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 88.5% | 86.7% |
| Management & general Part IX 25(C) ÷ 25(A) | 11.5% | 11.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 13.2% | 29.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 3.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 85.5% | 58.9% |
| Highest reported compensation Part VII-A, columns D–F | $373,358 | $301,601 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.68% | 1.38% |
| People paid over $100,000 Part VII, line 2 | 8 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 0.2 | 6.8 |
| Independent voting board members Part VI 1a–1b | 4 of 4 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseConsolidated Credit Solutions offers loss mitigation and foreclosure prevention counseling, 1st time homebuyer education, a substantial financial literacy program, credit counseling, and reverse mortgage counseling. Consolidated Credit Solutions is committed to bringing financial education programs to individuals and families with a focus on households in low, low-to-moderate and moderate income census tracks. To accomplish this, Consolidated Credit Solutions provides free, monthly community seminars and webinars on topics including budgeting, credit management, pre-purchase counseling…
Debt and budget counseling services are provided to individuals experiencing financial difficulties. A certified credit counselor helps to assess the financial situation of the consumer, develop a detailed household budget and action plan. These counseling sessions are provided in person, by telephone or through the internet. Additionally, all consumers are offered financial education tailored to their life situations. Where applicable, some consumers choose a debt management plan (dmp) to assist with their unsecured debts. Under a dmp, the consumer makes a monthly payment to Consolidated…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| OFFICER Officer, 40.00 hrs/week | $331,177 | $0 | $42,181 | $373,358 |
| OFFICER Officer, 40.00 hrs/week | $170,692 | $0 | $1,308 | $172,000 |
| OFFICER Officer, 40.00 hrs/week | $151,987 | $0 | $12,331 | $164,318 |
| EMPLOYEE Highest compensated employee, 40.00 hrs/week | $156,055 | $0 | $4,541 | $160,596 |
| EMPLOYEE Highest compensated employee, 40.00 hrs/week | $154,393 | $0 | $3,238 | $157,631 |
| EMPLOYEE Highest compensated employee, 40.00 hrs/week | $132,350 | $0 | $4,070 | $136,420 |
| EMPLOYEE Highest compensated employee, 40.00 hrs/week | $125,018 | $0 | $1,959 | $126,977 |
| EMPLOYEE Highest compensated employee, 40.00 hrs/week | $119,149 | $0 | $3,706 | $122,855 |
8 people received more than $100,000 in reportable compensation from Consolidated Credit Solutions (Part VII, line 2). Compensation of current officers, directors and key employees totaled $714K (Part IX, line 5).
5 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b4 · 4 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5146
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| SEE STATEMENT 1 See statement 1 | $1 |
Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Consolidated Credit Solutions's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Consolidated Credit Solutions, you can publish a response that is linked from this page.
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Of every $100 Consolidated Credit Solutions spent in FY2025, $88.45 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Consolidated Credit Solutions's spending goes to programs?
In the fiscal year ending January 31, 2025, Consolidated Credit Solutions reported that 88.5% of its $22.2 million in expenses went to program services, 11.5% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Consolidated Credit Solutions pay its top executive?
The largest total compensation Consolidated Credit Solutions reported for one person in the fiscal year ending January 31, 2025 was $373,358, for the role of OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Consolidated Credit Solutions get its money?
Of $22.2 million in revenue in the fiscal year ending January 31, 2025, 13.2% came from contributions and grants and 85.5% from program service revenue (Form 990, Part VIII).
Is Consolidated Credit Solutions a registered charity?
The IRS lists EIN 59-2261789 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending January 31, 2025, object 202533469349300838 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending January 31, 2024, object 202413469349300026 · read the filing
- FY2023: Form 990 for the fiscal year ending January 31, 2023, object 202343469349300624 · read the filing
- FY2022: Form 990 for the fiscal year ending January 31, 2022, object 202203429349301115 · read the filing
- FY2021: Form 990 for the fiscal year ending January 31, 2021, object 202113489349300146 · read the filing
All filings for EIN 59-2261789: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.