Nonprofit · EIN 42-1301505
CONSUMER CREDIT OF DES MOINES
Tax-exempt · DES MOINES, IA 50321
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,714,836 | $1,254,463 | $460,373 | $3,004,053 | $335,365 | $2,668,688 |
| December 31, 2024 | 990 | $1,462,736 | $1,300,327 | $162,409 | $2,340,899 | $415,872 | $1,925,027 |
| December 31, 2023 | 990 | $1,098,266 | $1,298,532 | -$200,266 | $2,147,599 | $422,233 | $1,725,366 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $177,141
- Program service revenue
- $1,497,987
- Investment income
- $39,708
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $307,303
- Other salaries and wages
- $342,120
- Salaries, compensation and benefits (total)
- $733,112
- Professional fundraising fees
- $0
- Accounting fees
- $11,950
- Occupancy
- $132,930
- Travel
- $6,984
- Depreciation
- $4,466
- Program services (functional)
- $780,128
- Management and general (functional)
- $474,335
Balance sheet and other
- Total assets, start of year
- $2,340,899
- Total assets, end of year
- $3,004,053
- Total liabilities, end of year
- $335,365
- Net assets, end of year
- $2,668,688
- Land, buildings and equipment
- $34,081
- Publicly traded securities
- $480,000
- Net assets without donor restrictions
- $2,668,688
- Gross receipts
- $1,714,836
- Employees
- 12
- Volunteers
- 0
- Year formed
- 1987
- State of legal domicile
- IA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LISA OHNEMUS | EXECUTIVE DIRECTOR Trustee or director, Officer | 30 | $91,276 | $23,150 |
| KATIE OCHANPAUGH | TREASURER Trustee or director, Officer | 32 | $72,903 | $22,556 |
| THOMAS COATES | PRESIDENT Trustee or director, Officer | 40 | $75,235 | $3,526 |
| LEE ANN COATES | SECRETARY Trustee or director, Officer | 5 | $18,656 | $0 |
| DAVID SHELLEDY | CHAIRMAN Trustee or director | 1 | $0 | $0 |
| RICHARD PIATT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK KIRKLAND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LINDA JACOB | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| THOMAS COATES | PRESIDENT Trustee or director, Officer | 40 | $109,360 | $29,458 |
| KATIE OCHANPAUGH | TREASURER Trustee or director, Officer | 32 | $67,541 | $20,291 |
| LEE ANN COATES | SECRETARY Trustee or director, Officer | 5 | $18,487 | $0 |
| RICHARD PIATT | DIRECTOR Trustee or director | 1 | $3,949 | $0 |
| DAVID SHELLEDY | CHAIRMAN Trustee or director | 1 | $0 | $0 |
| MARK KIRKLAND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LINDA JACOB | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| THOMAS COATES | PRESIDENT Trustee or director, Officer | 40 | $167,912 | $29,729 |
| KATIE OCHANPAUGH | TREASURER Trustee or director, Officer | 32 | $64,561 | $20,400 |
| LEE ANN COATES | SECRETARY Trustee or director, Officer | 5 | $18,271 | $0 |
| RICHARD PIATT | DIRECTOR Trustee or director | 1 | $12,203 | $0 |
| DAVID SHELLEDY | CHAIRMAN Trustee or director | 1 | $0 | $0 |
| MARK KIRKLAND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LINDA JACOB | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 6129 SW 63RD ST, DES MOINES, IA 50321-9602
- Principal officer (990 for 2025)
- THOMAS COATES, 6129 SW 63RD STREET, DES MOINES, IA 50321
- Signed the 990
- THOMAS COATES, PRESIDENT
- Phone
- (515) 287-6428
- Website
- WWW.CONSUMERCREDIT-DM.COM
- Return prepared by
- DENMAN CPA LLP
Mission
ASSIST AND EDUCATE CLIENTS IN DEVELOPING PLANS TO REPAY & REDUCE EXCESSIVE PERSONAL INDEBTEDNESS.
Program accomplishments
- THE ORGANIZATION PROVIDES ASSISTANCE TO CONSUMERS SEEKING CREDIT COUNSELING, BUDGET AND FINANCIAL ADVICE, AND OFFERS A DEBT MANAGEMENT PROGRAM WHERE APPROPRIATE. THE ORGANIZATION FOLLOWS THE REQUIRED CRITERIA FOR EXEMPTION UNDER INTERNAL REVENUE CODE SECTION 501(Q). DURING 2025, THE ORGANIZATION PROVIDED FREE BUDGET AND CREDIT COUNSELING TO OVER TWO THOUSAND INDIVIDUALS AND FAMILIES WITH APPROXIMATELY 876 ELECTING TO ENTER INTO A DEBT MANAGEMENT PLAN AGREEMENT WITH THE ORGANIZATION. DURING 2025, 301 INDIVIDUALS SUCCESSFULLY COMPLETED THEIR DEBT MANAGEMENT PLANS ADMINISTERED BY THE ORGANIZATION, PAYING OFF ALL THEIR UNSECURED DEBTS IN FULL.Expenses $720,128 · revenue $1,495,491
- THE ORGANIZATION PROVIDES PRE-BANKRUPTCY COUNSELING TO INDIVIDUAL PARTICIPATING IN THE UNITED STATES TRUSTEE'S PROGRAM.THE ORGANIZATION IS AN APPROVED NONPROFIT BUDGET AND CREDIT COUNSELING AGENCY, HAVING RECEIVED ITS INITIAL APPROVAL AS SUCH FROM THE U.S. DEPARTMENT OF JUSTICE, EXECUTIVE OFFICE FOR UNITED STATES TRUSTEES, IN 2006. IN 2025, THE ORGANIZATION CONDUCTED 99 PRE-BANKRUPTCY COUNSELING SESSIONS, AND THE ORGANIZATION WAIVED OR REDUCED THE ALLOWABLE STATUTORY FEES FOR PRE-BANKRUPTCY COUNSELING IN 23% OF ALL CASES DUE TO CLIENT'S LIMITED RESOURCES OR FINANCIAL HARDSHIP.THE ORGANIZATION ALSO PROVIDES POST-BANKRUPTCY DEBTOR EDUCATION.revenue $2,496
- THE ORGANIZATION PRESENTS FREE EDUCATIONAL SEMINARS CONCERNING CREDIT COUNSELING, BUDGETING AND FINANCIAL PLANNING TO THE GENERAL PUBLIC THROUGHOUT THE YEAR.THE ORGANIZATION CONTINUED ITS LONG HISTORY OF PROVIDING FREE EDUCATION PROGRAMS TO THE GENERAL PUBLIC DURING 2025. THE ORGANIZATION CONDUCTED IN-PERSON PRESENTATIONS ON VARIOUS CONSUMER CREDIT, BUDGETING AND PERSONAL FINANCE SUBJECTS TO NUMEROUS GROUPS.IN ADDITION, THE ORGANIZATION MAINTAINS A VAST ELECTRONIC EDUCATION LIBRARY ON ITS WEBSITE, WHERE INDIVIDUALS CAN ACCESS INFORMATIONAL MATERIALS COVERING TOPICS ADDRESSING PERSONAL FINANCE AND FINANCIAL LITERACY.Expenses $60,000
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 | 990 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
- 42-1301505
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1997
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P51)
- Assets (IRS master file)
- $3,004,053
- Income (IRS master file)
- $1,714,836
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,714,836 | $1,254,463 | $3,004,053 | IRS |
| 990 | December 2024 | $1,462,736 | $1,300,327 | $2,340,899 | IRS |
| 990 | December 2023 | $1,098,266 | $1,298,532 | $2,147,599 | XML |
| 990 | December 2022 | $1,123,302 | $1,296,170 | $2,208,561 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 42-1301505).
Questions about CONSUMER CREDIT OF DES MOINES
- What is the EIN of CONSUMER CREDIT OF DES MOINES?
- The employer identification number (EIN) of CONSUMER CREDIT OF DES MOINES is 42-1301505.
- Is CONSUMER CREDIT OF DES MOINES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to CONSUMER CREDIT OF DES MOINES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CONSUMER CREDIT OF DES MOINES 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 CREDIT OF DES MOINES due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CONSUMER CREDIT OF DES MOINES last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of CONSUMER CREDIT OF DES MOINES?
- The 990 for the year ended December 31, 2025 names THOMAS COATES.
- Who are the officers and directors of CONSUMER CREDIT OF DES MOINES?
- The 990 for the year ended December 31, 2025 lists 8 people; 4 received compensation from the organization, the highest $91,276 (LISA OHNEMUS, EXECUTIVE DIRECTOR).
- How much revenue does CONSUMER CREDIT OF DES MOINES have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,714,836, expenses of $1,254,463 and total assets of $3,004,053 at year end.
Other nonprofits in DES MOINES
- LUTHERAN SERVICES IN IOWA INC EIN 42-0698267 · last filed 990 for 2025
- CHILDREN AND FAMILIES OF IOWA EIN 42-0680416 · last filed 990 for 2025
- DES MOINES AREA RELIGIOUS COUNCIL EIN 42-0788211 · last filed 990 for 2025
- AGING RESOURCES OF CENTRAL IA EIN 42-1183810 · last filed 990 for 2025
- HOSPICE OF NORTH IOWA EIN 42-1173708 · last filed 990 for 2025
- HOSPICE OF CENTRAL IOWA FOUNDATION EIN 42-1239748 · last filed 990 for 2025
- HOMES OF OAKRIDGE HUMAN SERVICES EIN 42-1311721 · last filed 990 for 2025
- MONSOON ASIANS & PACIFIC ISLANDERS IN SOLIDARITY EIN 35-2297207 · last filed 990 for 2025