2024-12-09T09:41:42-06:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 20 EAST THOMAS ROAD SUITE 2300 PHOENIX AZ 85012 990 2023-07-01 860593598 TAKE CHARGE AMERICA INC TAKE 6232666100 20430 N 19TH AVE B155 PHOENIX AZ 850273650 MANUEL SALAZAR PRESIDENT/CEO 6232666100 2024-12-06 1 1 WAYNE M HUNTER P01073139 6022662248 2024-12-06 2023 2024-10-15 13:58:12Z MANUEL SALAZAR 20430 N 19TH AVE B155 PHOENIX AZ 850273650 9358010 0 X WWW.TAKECHARGEAMERICA.ORG X 1987 AZ TO PROVIDE FINANCIAL EDUCATION AND SERVICES TO IMPROVE THE LIVES OF INDIVIDUALS AND FAMILIES. 9 9 88 9 0 0 2939885 2826880 3058001 3581866 8457538 1019038 -39356 27176 14416068 7454960 0 0 0 0 4224043 4208759 0 0 0 3148786 3390221 7372829 7598980 7043239 -144020 30858017 31330752 2425895 2167518 28432122 29163234 X TAKE CHARGE AMERICA (TCA) PROVIDES FINANCIAL EDUCATION AND SERVICES TO IMPROVE THE LIVES OF INDIVIDUALS AND FAMILIES. 0 0 6178794 3511999 EDUCATIONAL CREDIT COUNSELING - SEE SCHEDULE O. 386653 0 69867 HOUSING: TAKE CHARGE AMERICA HELPED NEARLY 610 ARIZONANS IN FISCAL YEAR 2024 THROUGH A WIDE RANGE OF HUD-APPROVED HOUSING COUNSELING AND EDUCATIONAL SERVICES. TCA OFFERS SERVICES DESIGNED FOR EACH INDIVIDUAL'S NEEDS, WHETHER THEY RENT, OWN, OR WANT TO BUY. SPECIALIZED COUNSELING IS ALSO AVAILABLE FOR THOSE NEEDING RENTAL ASSISTANCE OR GUIDANCE IN RESOLVING DELINQUENCIES IN PAST DUE RENT AND MORTGAGE PAYMENTS. THE ORGANIZATION WORKS WITH A HOUSING INTERMEDIARY TO OBTAIN HUD GRANT FUNDS TO PROVIDE TO CLIENTS. 32130 0 0 STUDENT LOAN COUNSELING: TCA'S CERTIFIED COUNSELORS HELPED FEDERAL STUDENT LOAN BORROWERS NAVIGATE THE VARIOUS REPAYMENT OPTIONS AVAILABLE TO DETERMINE THE BEST OPTION FOR EACH SPECIFIC SITUATION. WHETHER USING THE SELF-GUIDED ONLINE SERVICE OR WITH THE AID OF ONE OF OUR REPRESENTATIVES ACTING AS A CONSUMER ADVOCATE, TCA ENSURED THAT EACH CLIENT FIND THE BEST REPAYMENT PLAN AVAILABLE. IN FISCAL YEAR 2024, TCA HAS NOT HELPED ANY CLIENTS ADDRESS THEIR STUDENT LOAN DEBT SITUATIONS AS THE COUNSELING SERVICE IS STILL PAUSED FROM SEPTEMBER 2022 AND HAS NOT BEEN RESUMED. 6597577 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 21 0 1 88 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AZ CA CT IL MD MT NH NY OR X BECKY MARTIN 6232666100 20430 N 19TH AVE B155 PHOENIX AZ 850273650 RALPH GILBERTSEN CHAIR 2.00 0.10 X X 0 0 0 DEBORAH HAYNES VICE CHAIR 1.00 0.10 X X 0 0 0 BRENDA BLUNT DIRECTOR 1.00 0.10 X 0 0 0 KERWIN BROWN DIRECTOR 1.00 0.10 X 0 0 0 JODY DAVIS DIRECTOR 1.00 0.10 X 0 0 0 JONATHAN FOX DIRECTOR 1.00 0.10 X 0 0 0 ALICE SWEENEY DIRECTOR 1.00 0.10 X 0 0 0 ANDREA WHITE DIRECTOR 1.00 0.10 X 0 0 0 DEL MONTE EDWARDS DIRECTOR 1.00 0.10 X 0 0 0 DAVID RICHARDSON PRESIDENT AND CEO (LEFT 03/24) 50.00 0.10 X 260673 0 34364 MANUEL SALAZAR CEO 50.00 0.10 X 43569 0 618 WENDY ANDERSON CHIEF COMPLIANCE OFFICER 45.00 0.10 X 124638 0 12141 RICHARD MCDANIEL DIRECTOR, FACILITIES & SEC 50.00 X 122181 0 810 STUART DARNELL MANAGER, SOFTWARE DEPARTME 45.00 X 113159 0 13582 HEATHER JONES DIRECTOR, MARKETING 45.00 X 110819 0 28956 775039 0 90471 5 0 1 0 0 2826880 2826880 CREDIT COUNSELING 541990 3509425 3509425 HOUSING COUNSELING 541990 69867 69867 BANKRUPTCY COUNSELING 541990 2574 2574 3581866 827935 827935 2094089 64 1903050 0 191039 64 191103 191103 OTHER INCOME 900099 27176 27176 27176 7454960 3581866 0 1046214 588108 284579 303529 3283127 3028240 254887 40437 40437 30495 30495 266592 233931 32661 5233 2638 2595 41344 41344 109080 109080 697917 627488 70429 407408 392824 14584 502294 469564 32730 162602 151820 10782 179619 170186 9433 50171 27705 22466 19521 19498 23 107723 104247 3476 426603 379743 46860 PUBLIC OUTREACH 454016 454016 LICENSES, FEES, PERMITS 117060 116921 139 DUES & SUBSCRIPTIONS 71627 34730 36897 EQUIPMENT MAINT. REPAIR 31200 28515 2685 6803 6803 7598980 6597577 1001403 0 308264 1173415 902720 1218928 259480 174119 223918 198847 142368 114987 6577202 6486888 113276 90314 27060306 27419867 907589 5000 150000 150000 790096 785275 30858017 31330752 569579 354839 187500 187500 902720 897922 766096 727257 2425895 2167518 X 28391608 29163234 40514 0 28432122 29163234 30858017 31330752 -144020 875132 0 X X 0 1 X 1 0 X 3146583 4028644 2964380 2939885 2826880 15906372 4715603 4358019 3520858 3058001 3581866 19234347 7862186 8386663 6485238 5997886 6408746 35140719 695973 663529 651849 661400 646000 3318751 0 695973 663529 651849 661400 646000 3318751 31821968 1980434 2043926 1952347 1295644 827935 8100286 1980434 2043926 1952347 1295644 827935 8100286 42144 80347 294597 145000 27176 589264 9884764 10510936 8732182 7438530 7263857 43830269 0.72600 0.71580 0.18480 0.19830 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 42,144. 2020 AMOUNT: $ 80,347. 2021 AMOUNT: $ 294,597. 2022 AMOUNT: $ 145,000. 2023 AMOUNT: $ 27,176. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 7105757 727044 998454 6834347 6562272 3000 590524 50039 7105757 7663396 -1027186 50000 23938 6562272 6226032 1537364 100000 7663396 6044128 300041 100000 18137 6226032 1.00000 0 0 107803 74069 33734 6469399 6412819 56580 90314 SHORT TERM LEASE LIABILITY - OPERATING LEASES 149056 LONG-TERM LEASE LIABILITIES - OPERATING LEASES 578201 727257 X 8259256 875132 38244 913376 7345880 109080 109080 7454960 7528144 38244 38244 7489900 109080 109080 7598980 PART IV, LINE 2B: THE ORGANIZATION PROVIDES EDUCATIONAL CREDIT COUNSELING SERVICES AND FACILITATES DEBT MANAGEMENT PAYMENTS ON BEHALF OF ITS CLIENTS. CLIENT PAYMENTS ARE HELD IN TRUST AND SUBSEQUENTLY FORWARDED TO CREDITORS. PART V, LINE 4: THE PURPOSE OF THE FUND IS TO ENABLE THE ORGANIZATION TO FULFILL ITS MISSION MORE COMPLETELY BY DEVELOPING ITS RESOURCES BEYOND WHAT IS POSSIBLE THROUGH ITS ANNUAL OPERATING FUNDS. DISTRIBUTIONS FROM THE FUND; THEREFORE, SHALL BE LIMITED TO: (I) TCA EDUCATION PROGRAMS, AND (II) SUCH OTHER PURPOSES SPECIFICALLY DESIGNATED BY THE TCA BOARD OF DIRECTORS. PART X, LINE 2: TAKE CHARGE AMERICA, INC. QUALIFIES AS A TAX-EXEMPT ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THEREFORE, THERE IS NO PROVISION FOR FEDERAL OR STATE CORPORATE INCOME TAXES. MANAGEMENT OF THE ORGANIZATION DOES NOT BELIEVE THAT ANY UNCERTAIN TAX POSITIONS EXIST AT JUNE 30, 2024 AND 2023. X X X X X 0 0 0 0 0 0 0 1 0 DAVID RICHARDSON PRESIDENT AND CEO (LEFT 03/24) 220673 0 40000 0 0 0 9554 0 24810 0 295037 0 0 0 PART I, LINE 7 BONUSES ARE DISCRETIONARY IN NATURE AND ARE AWARDED ON MERIT. THE AMOUNTS ARE DETERMINED BASED ON THE ORGANIZATION MEETING ITS ANNUAL GOALS. BONUSES ARE APPROVED BY THE BOARD OF DIRECTORS. PART III, LINE 4A EDUCATIONAL CREDIT COUNSELING: ESTABLISHED IN 1987, TAKE CHARGE AMERICA (TCA) HAS BECOME A LEADER IN THE FIELD OF NONPROFIT FINANCIAL COUNSELING HAVING HELPED MORE THAN 2.5 MILLION PEOPLE NATIONWIDE. OUR CERTIFIED COUNSELORS HELP TRANSFORM OUR CLIENTS FINANCIAL OUTLOOK WITH ONE-ON-ONE GUIDANCE TO PAY OFF DEBTS, REGAIN FINANCIAL INDEPENDENCE AND SAVE FOR THE FUTURE. TCA IS PROUD TO BE THE DRIVING FORCE BEHIND MANY OF THE INNOVATIONS AND SERVICES THAT SUPPORT CONSUMERS IN FINANCIAL DISTRESS. TCA HAS HELPED CLIENTS MANAGE AND REPAY MORE THAN $6 BILLION IN PERSONAL DEBT AND PROVIDED MUCH-NEEDED GUIDANCE TO MILLIONS THROUGH PUBLIC OUTREACH AND EDUCATION EFFORTS AIMED AT PREVENTING SUCH CHALLENGES FROM DEVELOPING. BEYOND DEBT COUNSELING, TCA ALSO SPECIALIZES IN HUD CERTIFIED COUNSELING AIMED TO PROVIDE FIRST-TIME HOME BUYERS GENERAL EDUCATION, PRE AND POST PURCHASE COUNSELING, RENTAL ASSISTANCE, AND DELINQUENCY COUNSELING. IN FISCAL YEAR 2024, TCA SERVED NEARLY 17,700 INDIVIDUALS TO IMPROVE THEIR FINANCIAL WELLBEING, ULTIMATELY LEADING TO A POSITIVE AND SUSTAINABLE ECONOMIC IMPACT. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF DIRECTORS, BY RESOLUTION ADOPTED BY A MAJORITY OF THE FULL BOARD, MAY NAME ONE OR MORE OF ITS MEMBERS TO AN EXECUTIVE COMMITTEE. SUCH EXECUTIVE COMMITTEE WILL HAVE AND MAY EXERCISE THE POWERS OF THE BOARD OF DIRECTORS IN THE MANAGEMENT AND AFFAIRS OF THE ORGANIZATION WHILE THE BOARD IS NOT IN SESSION, SUBJECT TO SUCH LIMITATIONS AS MAY BE INCLUDED IN THE BOARD'S RESOLUTION. THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE AUTHORITY OF THE BOARD OF DIRECTORS IN REFERENCE TO THE FOLLOWING MATTERS: (1) THE FILLING OF VACANCIES ON THE BOARD OF DIRECTORS; (2) THE AMENDMENT OR REPEAL OF THE BYLAWS, OR THE ADOPTION OF NEW BYLAWS; AND (3) THE FIXING OF COMPENSATION OF DIRECTORS FOR SERVING ON THE BOARD OR ON ANY COMMITTEE OF THE BOARD OF DIRECTORS. IN THE EVENT A VACANCY OCCURS IN THE EXECUTIVE COMMITTEE, THE VACANCY SHALL BE FILLED BY THE BOARD OF DIRECTORS. A MAJORITY OF THOSE NAMED TO THE EXECUTIVE COMMITTEE WILL CONSTITUTE A QUORUM. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION PROVIDED TO THEM BY THE ORGANIZATION'S ACCOUNTING, HUMAN RESOURCES, AND COUNSELING DEPARTMENTS. THE COMPLETED FORM 990 IS REVIEWED BY THE OUTSOURCED FINANCE DIRECTOR, CEO, OFFICERS, AND THE BOARD OF DIRECTORS PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, ALL OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY BUSINESS OR PERSONAL RELATIONSHIPS THAT COULD BE DEEMED A CONFLICT OF INTEREST. POLICY IS DISCUSSED NO LESS THAN ONCE PER YEAR WITH THE BOARD OF DIRECTORS. THE CONTROLLER MONITORS ALL NEW VENDOR RELATIONSHIPS TO ENSURE COMPLIANCE. RESTRICTIONS ON INDIVIDUALS WITH A CONFLICT OF INTEREST WILL BE DETERMINED ON A CASE-BY-CASE BASIS TO ENSURE SAFEGUARDS ARE APPROPRIATE AND TRANSACTIONS ARE IN THE BEST INTEREST OF THE ORGANIZATION. APPROPRIATE DOCUMENTATION WILL BE RETAINED AS CIRCUMSTANCES WARRANT. FORM 990, PART VI, SECTION B, LINE 15 CEO COMPENSATION IS DETERMINED AND APPROVED BY THE COMPENSATION COMMITTEE FOLLOWING REVIEWS OF AN INDEPENDENT COMPENSATION CONSULTANT REPORT AND FORM 990'S OF COMPARABLE ORGANIZATIONS. WRITTEN ANNUAL GOALS ARE ESTABLISHED EACH YEAR AND USED IN EVALUATING THE CEO'S PERFORMANCE. THE COMMITTEE MEETS AND VOTES ON THE LEVEL OF COMPENSATION THAT IS DEEMED APPROPRIATE. THIS PROCESS IS DOCUMENTED IN THE MINUTES. COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES ARE DETERMINED AND APPROVED BY THE COMPENSATION COMMITTEE FOLLOWING REVIEWS OF THE FORM 990'S OF COMPARABLE ORGANIZATIONS. THE COMMITTEE VOTES ON WHAT COMPENSATION IS CONSIDERED APPROPRIATE, AND THE DECISION IS DOCUMENTED. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023 FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE MADE AVAILABLE THROUGH COMPLIANCE WITH STATE FILING REQUIREMENTS. GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. CREDIT COUNSELING SOLUTIONS INC 20430 N 19TH AVE PHOENIX AZ 85027 061427317 CREDIT COUNSELING CT 501(C)(3) LINE 10 TAKE CHARGE AMERICA INC 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0