NonprofitsFamily Credit Counseling Service Inc

Human Services

Family Credit Counseling Service Inc

CHICAGO, IL

Total revenue

$7.9M

Total expenses

$6.2M

Net assets

$9.2M

Grants received

$12K

2 grants

EIN

364060853

Tax year

2024

Mission

Family Credit Counseling Service Inc. (FCCS) was established to provide financial education for consumers, with an emphasis on consumers with low income and/or excessive amounts of debt.

Programs

2 programs

Education Services: FCCS educational outreach includes our Personal Finance Made Easy workbook and classes, a childrens book called Kathryn and Elizabeth Go Shopping, the Stop. Think. Save! campaign, various seminars and events held in conjunction with organizations including local housing authorities, Habitat for Humanity, and TV broadcasts on Chicago Area Network Television. Additional education materials offered include a wide variety of home study educational material, our Resume Writing workshops, and a wealth of financial tools and materials available at www.familycredit.org and www.stopthinksave.org. Most of the above services are offered at no cost to the consumer.

Expenses: $1.1M

Debt Management Program: A small percentage of consumers who contact Family Credit for counseling or educational assistance also decide to enroll in our debt management program. Family Credit also provides ongoing counseling to participants which may include subsequent reviews of household budgets and the consumers overall financial situation.

Expenses: $3.0M

Financials

FY 2024

Revenue

Contributions & grants$874K
Program service revenue$6.4M
Investment income$558K
Other revenue$78K
Total revenue$7.9M

Expenses

Grants paid
Salaries & benefits$3.6M
Fundraising$63K
Other expenses$2.6M
Total expenses$6.2M
Total assets$10.5M
Net assets$9.2M

People

9 listed

NameRoleCompensation

Michael McAuliffe MS

Director & President

Board

$396K

50 hrs/wk

Elizabeth Schomburg MS

Chief Financial Officer

Board

$228K

50 hrs/wk

Sarabeth McAuliffe MS

Senior Vice President

Board

$182K

50 hrs/wk

Ron Ruckert

Director

Board

1 hrs/wk

Lourdes Delgado-Serrano MD MBA

Director

Board

1 hrs/wk

Catherine Klepacki

Director

Board

1 hrs/wk

Robert Wood

Director

Board

1 hrs/wk

Carol Parlin

Director

Board

1 hrs/wk

Peyton Mendez

Chairman

Board

1 hrs/wk

Independent contractors

JJR Consulting Inc

Computer Consulting

$150K

Grants received

Showing 2 of 2

FromAmountPurposeYear
$5K
SUPPORT FOR HOUSING, CREDIT AND OTHER FINANCIAL COUNSELING
2024
$7K
SUPPORT FOR HOUSING, CREDIT AND OTHER FINANCIAL COUNSELING
2023

Funded by

$12K from 1 funder · 2 grants · 2023–2024

National Foundation For Credit

$12K · 2 grants · 2023–2024

Details

EIN364060853
NTEE codeP51
Subsection03
Ruling date1996-08
Formed1996
Employees60
Volunteers0
FAMILY CREDIT COUNSELING SERVICE INC — Mission, Financials & Grants Received | Grantivo