Debt Management Credit Counseling Corp
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
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.
- Income
- $1.6 million
- Spending
- $1.9 million
- Spent on programs
- 81%
- Reserves
- -2.2 months of spending
- Largest source of income
- fees for its services, 94%
- Employees
- 16
- Volunteers
- 3
- Highest pay
- $185,778, president exec director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 24 out of 100. Higher than 1% of charities in its peer group (human services, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 240% of what it owns.
Living within its means
4 of 15Spending exceeded income by 15% of income.
Income trend
5 of 15Income fell 10% on the year before.
Spending floor
15 of 1581% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 73 out of 100. Higher than 24% of charities in its peer group (human services, $1m to $10m).
Independent board
18 of 253 of 4 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $1.1 million spent. COUNSELING & EDUCATION:THE ORGANIZATIONS 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 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 500 INDIVIDUALS FOR FIRST-TIME HOMEBUYERS NONPROFIT COMMUNITY ORGANIZATIONS AND EMPLOYERS THROUGHOUT THE STATE OF FLORIDA. 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 24,000 VISITORS DURING 2024. DMCC PROVIDED PERSONAL FINANCIAL COUNSELING TO APPROXIMATELY 3,000 CONSUMERS OF WHICH 1,400 WERE ENROLLED IN A DMCC PROGRAM. DMCC WAS AWARDED GRANTS TOTALING 95,805 TO PROVIDE HOUSING COUNSELING AND FINANCIAL LITERACY EDUCATION INCLUDING PRE-PURCHASE HOME BUYING POST-PURCHASE HOME OWNERSHIP FORECLOSURE AND RENTAL EVICTION PREVENTION AND HOMELESS ASSISTANCE. DURING THE HUD 2024 FISCAL YEAR DMCC PROVIDED HOUSING COUNSELING SERVICES TO APPROXIMATELY 960 INDIVIDUALS AND FAMILIES.
- $397,981 spent. DEBT MANAGEMENT PLANS:THE ORGANIZATIONS 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 5,000 CLIENTS OF WHICH AN ESTIMATED 75% 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 15 MILLION IN DEBT REPAYMENTS TO THE CREDITORS OF ITS DEBT MANAGEMENT PLAN CLIENTS. DMCC SUCCESSFULLY COMPLETED OVER 1,300 DEBT MANAGEMENT PLAN ACCOUNTS FOR CLIENTS WHO REPAID THEIR ENROLLED DEBTS IN FULL.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 1999.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.