Nonprofit · EIN 23-2694116
CONSUMER BANKRUPTCY ASSISTANCE PROJECT INC
Tax-exempt · PHILADELPHIA, PA 19106
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $223,393 | $248,509 | -$25,116 | $256,839 | $198,384 | $58,455 |
| December 31, 2023 | 990 | $242,180 | $248,785 | -$6,605 | $295,075 | $211,504 | $83,571 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $220,086
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $3,307
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $106,889
- Other salaries and wages
- $75,205
- Salaries, compensation and benefits (total)
- $224,537
- Professional fundraising fees
- $0
- Accounting fees
- $6,650
- Program services (functional)
- $194,232
- Management and general (functional)
- $54,277
Balance sheet and other
- Total assets, start of year
- $295,075
- Total assets, end of year
- $256,839
- Total liabilities, end of year
- $198,384
- Net assets, end of year
- $58,455
- Net assets without donor restrictions
- $8,455
- Net assets with donor restrictions
- $50,000
- Gross receipts
- $223,393
- Employees
- 2
- Volunteers
- 40
- Year formed
- 1992
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SHERRY HOBAN | EXECUTIVE DI Officer | 40 | $89,250 | $17,639 |
| MATTHEW HAMERMESH | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| RACHEL MAUCERI | PRESIDENT-EL Trustee or director, Officer | 1 | $0 | $0 |
| NEIL GUPTA | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| HOLLY S MILLER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ANNE AARONSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOSEPH ARGENTINA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LESLIE BASKIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| AMELIA BOSS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| WILLIAM BURNETT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KEVIN CAREY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JEFFREY CARBINO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SHERRI DICKS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN GAGLIARDI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LESLIE GAYNUS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
17 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT M GREENBAUM | BOARD MEMBER Trustee or director | 1 | $0 |
| RICHARD HEASLIP | BOARD MEMBER Trustee or director | 1 | $0 |
| PETER C HUGHES | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHAEL JACOBY | BOARD MEMBER Trustee or director | 1 | $0 |
| REGINA STANGO KELBON | BOARD MEMBER Trustee or director | 1 | $0 |
| BARRY KLEBAN | BOARD MEMBER Trustee or director | 1 | $0 |
| LAWRENCE KOTLER | BOARD MEMBER Trustee or director | 1 | $0 |
| LAURIE KREPTO | BOARD MEMBER Trustee or director | 1 | $0 |
| FRANCIS LAWALL | BOARD MEMBER Trustee or director | 1 | $0 |
| RAYMOND LEMISCH | BOARD MEMBER Trustee or director | 1 | $0 |
| ANGELA MASTRANGELO | BOARD MEMBER Trustee or director | 1 | $0 |
| MARK PFEIFFER | BOARD MEMBER Trustee or director | 1 | $0 |
| EDWARD PHILLIPS | BOARD MEMBER Trustee or director | 1 | $0 |
| NATALIE RAMSEY | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID SMITH | BOARD MEMBER Trustee or director | 1 | $0 |
| MAGGIE SOBOLESKI | BOARD MEMBER Trustee or director | 1 | $0 |
| AMY VULPIO | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 36 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHERRY HOBAN | EXECUTIVE DI Officer | 40 | $88,269 |
| JEFFREY CARBINO | PRESIDENT Trustee or director, Officer | 1 | $0 |
| MATTHEW HAMERMESH | PRESIDENT-EL Trustee or director, Officer | 1 | $0 |
| NEIL GUPTA | TREASURER Trustee or director, Officer | 1 | $0 |
| RACHEL MAUCERI | SECRETARY Trustee or director, Officer | 1 | $0 |
| ANNE AARONSON | BOARD MEMBER Trustee or director | 1 | $0 |
| JOSEPH ARGENTINA | BOARD MEMBER Trustee or director | 1 | $0 |
| LESLIE BASKIN | BOARD MEMBER Trustee or director | 1 | $0 |
| AMELIA BOSS | BOARD MEMBER Trustee or director | 1 | $0 |
| WILLIAM BURNETT | BOARD MEMBER Trustee or director | 1 | $0 |
| KEVIN CAREY | BOARD MEMBER Trustee or director | 1 | $0 |
| SHERRI DICKS | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN GAGLIARDI | BOARD MEMBER Trustee or director | 1 | $0 |
| LESLIE GAYNUS | BOARD MEMBER Trustee or director | 1 | $0 |
| ROBERT M GREENBAUN | BOARD MEMBER Trustee or director | 1 | $0 |
| RICHARD HEASLIP | BOARD MEMBER Trustee or director | 1 | $0 |
| PETER C HUGHES | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHAEL JACOBY | BOARD MEMBER Trustee or director | 1 | $0 |
| REGINA STANGO KELBON | BOARD MEMBER Trustee or director | 1 | $0 |
| BARRY KLEBAN | BOARD MEMBER Trustee or director | 1 | $0 |
| LAWRENCE KOTLER | BOARD MEMBER Trustee or director | 1 | $0 |
| LAURIE KREPTO | BOARD MEMBER Trustee or director | 1 | $0 |
| FRANCIS LAWALL | BOARD MEMBER Trustee or director | 1 | $0 |
| RAYMOND LEMISCH | BOARD MEMBER Trustee or director | 1 | $0 |
| ANGELA MASTRANGELO | BOARD MEMBER Trustee or director | 1 | $0 |
| HOLLY S MILLER | BOARD MEMBER Trustee or director | 1 | $0 |
| JAY OCHROCH | BOARD MEMBER Trustee or director | 1 | $0 |
| MARK PFEIFFER | BOARD MEMBER Trustee or director | 1 | $0 |
| EDWARD PHILLIPS | BOARD MEMBER Trustee or director | 1 | $0 |
| NATALIE RAMSEY | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID SMITH | BOARD MEMBER Trustee or director | 1 | $0 |
| MAGGIE SOBOLESKI | BOARD MEMBER Trustee or director | 1 | $0 |
| HENRY SOMMER | BOARD MEMBER Trustee or director | 1 | $0 |
| PRINCE THOMAS | BOARD MEMBER Trustee or director | 1 | $0 |
| AMY VULPIO | BOARD MEMBER Trustee or director | 1 | $0 |
| SCOTT WATERMAN | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 718 ARCH ST STE 300N, PHILADELPHIA, PA 19106-1535
- In care of
- % DAVID T SYKES
- Principal officer (990 for 2024)
- SHERRY HOBAN, 718 ARCH STREET, PHILADELPHIA, PA 19106
- Signed the 990
- SHERRY HOBAN, EXECUTIVE DIRECTOR
- Phone
- (215) 523-9511
- Website
- WWW.CBAP-PHL.ORG
- Return prepared by
- J MILLER & ASSOCIATES LLC
Mission
ASSIST PHILADELPHIANS WHOSE INCOMES ARE BELOW THE FEDERAL POVERTY LEVEL AND SEEK TO STABILIZE THEIR FINANCES. WE RECRUIT, TRAIN AND SUPPORT VOLUNTEER ATTORNEYS WHO REPRESENT CLIENTS WITH EITHER DEBT COUNSELING AND/OR CHAPTER 7 BANKRUPTCY REPRESENTATION TO RECEIVE A FRESH FINANCIAL START.
Program accomplishments
- ASSIST INDIGENT PHILADELPHIANS WITH THEIR SEVERE DEBT PROBLEM THROUGH DEBT COUNSELING AND/OR PRO BONO CHAPTER 7 BANKRUPTCY REPRESENTATION THROUGH VOLUNTEER ATTORNEYS. ALSO PROVIDES FREE TRAINING AND EDUCATIONAL SEMINARS.Expenses $194,232
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-2694116
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1992
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Unknown (Z99Z)
- Assets (IRS master file)
- $256,839
- Income (IRS master file)
- $223,393
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $223,393 | $248,509 | $256,839 | XML |
| 990 | December 2023 | $242,180 | $248,785 | $295,075 | XML |
| 990 | December 2022 | $203,408 | $250,303 | $422,808 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-2694116).
Questions about CONSUMER BANKRUPTCY ASSISTANCE PROJECT INC
- What is the EIN of CONSUMER BANKRUPTCY ASSISTANCE PROJECT INC?
- The employer identification number (EIN) of CONSUMER BANKRUPTCY ASSISTANCE PROJECT INC is 23-2694116.
- Is CONSUMER BANKRUPTCY ASSISTANCE PROJECT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to CONSUMER BANKRUPTCY ASSISTANCE PROJECT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CONSUMER BANKRUPTCY ASSISTANCE PROJECT INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CONSUMER BANKRUPTCY ASSISTANCE PROJECT INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CONSUMER BANKRUPTCY ASSISTANCE PROJECT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CONSUMER BANKRUPTCY ASSISTANCE PROJECT INC?
- The 990 for the year ended December 31, 2024 names SHERRY HOBAN.
- Who are the officers and directors of CONSUMER BANKRUPTCY ASSISTANCE PROJECT INC?
- The 990 for the year ended December 31, 2024 lists 32 people; 1 received compensation from the organization, the highest $89,250 (SHERRY HOBAN, EXECUTIVE DI).
- How much revenue does CONSUMER BANKRUPTCY ASSISTANCE PROJECT INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $223,393, expenses of $248,509 and total assets of $256,839 at year end.
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