CONSUMER CREDIT COUNSELING SERVICES OF THE MIDWEST INC

EIN: 310731111 501(c)(3) Human Services

GAHANNA, OH

Total Revenue
$2,907,133
Total Expenses
$3,460,912
Total Assets
$5,288,524
Net Assets
$3,742,383
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Financial Trends

Organization Details

Formation Year
1967
Legal Domicile
OH
Principal Officer
JONATHAN M CANTRELL
Phone
8003552227
Tax Period
2023-01-01 to 2023-12-31

CONSUMER CREDIT COUNSELING SERVICES OF THE MIDWEST INC, founded in 1967, is a community nonprofit in the Human Services sector that reported $2.9M in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. Expenses of $3.5M exceeded revenue, resulting in a 19% operating deficit.

Mission

HELPING PEOPLE IMPROVE THEIR FINANCIAL WELL-BEING THROUGH COUNSELING, COMMUNITY OUTREACH AND FINANCIAL EDUCATION.

Program Service Accomplishments

Program 1
Expenses: $2,047,253 Revenue: $1,262,789

CONSUMER CREDIT COUNSELING SERVICES OF APPRISEN PROVIDES COMPREHENSIVE FINANCIAL COUNSELING AND EDUCATION TO INDIVIDUALS AND FAMILIES LOOKING TO IMPROVE THEIR FINANCIAL HEALTH. IN 2023, WE HELD 7,714...

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CONSUMER CREDIT COUNSELING SERVICES OF APPRISEN PROVIDES COMPREHENSIVE FINANCIAL COUNSELING AND EDUCATION TO INDIVIDUALS AND FAMILIES LOOKING TO IMPROVE THEIR FINANCIAL HEALTH. IN 2023, WE HELD 7,714 CONFIDENTIAL COUNSELING SESSIONS WITH PREDOMINATELY LOW-TO-MODERATE INCOME CONSUMERS. OUR CERTIFIED COUNSELORS REVIEW INCOME, MONTHLY EXPENSES, AND DEBT. THEY WORK WITH THE CLIENT TO SET FINANCIAL GOALS AND CREATE A PLAN TO ACHIEVE THEM. THE CLIENT RECEIVES A CUSTOMIZED PLAN OF ACTION TO IMPROVE THEIR FINANCIAL HEALTH. 21% OF THOSE COUNSELED ENTER INTO A DEBT MANAGEMENT PROGRAM (DMP). THE DMP IS A STRUCTURED PROGRAM THAT HELPS THE INDIVIDUALS REPAY THEIR UNSECURED DEBT. IN 2023, INDIVIDUALS IN OUR DMP PAID DOWN 21,718,075 WORTH OF DEBT & 74% OF ENROLLEES COMPLETED THEIR DMP SUCCESSFULLY.

Program 2
Expenses: $135,756 Revenue: $14,190

APPRISEN IS A HUD-CERTIFIED AGENCY, OFFERING PRE-PURCHASE COUNSELING, RENTAL COUNSELING AND FORECLOSURE PREVENTION COUNSELING. WE HELD 527 HOUSING RELATED SESSIONS IN 2023, THE MAJORITY OF WHICH...

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APPRISEN IS A HUD-CERTIFIED AGENCY, OFFERING PRE-PURCHASE COUNSELING, RENTAL COUNSELING AND FORECLOSURE PREVENTION COUNSELING. WE HELD 527 HOUSING RELATED SESSIONS IN 2023, THE MAJORITY OF WHICH FOCUSED ON DELINQUENT MORTGAGES AND FORECLOSURE PREVENTION.

Program 3
Expenses: $401,282 Revenue: $24,047

APPRISEN PROVIDES COMMUNITY FINANCIAL EDUCATION AND OUTREACH PROGRAMS AIMED AT EMPOWERING INDIVIDUALS TO BUILD THEIR FINANCIAL HEALTH. WE WORK CLOSELY WITH COMMUNITY ORGANIZATIONS AND BUSINESSES TO...

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APPRISEN PROVIDES COMMUNITY FINANCIAL EDUCATION AND OUTREACH PROGRAMS AIMED AT EMPOWERING INDIVIDUALS TO BUILD THEIR FINANCIAL HEALTH. WE WORK CLOSELY WITH COMMUNITY ORGANIZATIONS AND BUSINESSES TO DETERMINE EXISTING AND EMERGING PERSONAL FINANCE ISSUES AND DEVELOP PROGRAMING TO ADDRESS THOSE NEEDS. WE PROVIDED COMMUNITY PRESENTATIONS AND EXTENSIVE DIGITAL EDUCATION THROUGH OUR WEBINARS, BLOG, AND SOCIAL MEDIA OUTLETS. IN 2023, OUR COMMITMENT TO FINANCIAL EDUCATION REACHED OVER 677K INDIVIDUALS THROUGH OUR OUTREACH AND SOCIAL MEDIA ENDEAVORS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,459,015
Program Service Revenue $1,301,026
Investment Income $145,529
Other Revenue $1,563
TOTAL REVENUE $2,907,133

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,163,249
Fundraising Expenses $125,213
Program Expenses $2,584,291
Other Expenses $1,297,663
TOTAL EXPENSES $3,460,912

Year-over-Year Comparison

2023 2022 Change
Revenue $2,907,133 $3,349,217 -0.1%
Expenses $3,460,912 $3,742,303 -0.1%
Net Income $-553,779 $-393,086 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
31
Volunteers
8

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$586,016
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JONATHAN M CANTRELL PRESIDENT / 50.00
Officer
$200,892 $33,480 $234,372
CHRISTOPHER J KALLAY VP/TREASURER 50.00
Officer
$177,382 $43,525 $220,907
BRIAN YODER SECRETARY/ D 40.00
Officer
$91,975 $38,762 $130,737
JOSH CURTIS DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL HARDING DIRECTOR 2.00
Director
$0 $0 $0
FREDERICK H HEYSE DIRECTOR 2.00
Director
$0 $0 $0
JAY E MICHAEL DIRECTOR 2.00
Director
$0 $0 $0
TERESA HOLLAND RICH DIRECTOR 2.00
Director
$0 $0 $0
KAYLA SELHORST CHAIRPERSON 4.00
Officer Director
$0 $0 $0
STACY TOKI DIRECTOR 2.00
Director
$0 $0 $0
STEVE WEIKER DIRECTOR 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $2,907,133 $3,460,912 $5,288,524 $-553,779
2022 $3,349,217 $3,742,303 $5,184,933 $-393,086
2021 $5,167,342 $3,951,888 $5,434,834 $1,215,454
2020 $4,413,242 $4,369,499 $4,153,799 $43,743
2019 $4,474,458 $4,592,808 $4,159,813 $-118,350
2018 $4,441,493 $5,664,152 $3,758,408 $-1,222,659
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