2023-07-17T16:43:21-05:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 2875 MICHELLE DRIVE 300 IRVINE CA 92606 990 2022-01-01 541837741 MONEY MANAGEMENT INTERNATIONAL INC MONE 6022464520 2401 W PEORIA 120 PHOENIX AZ 85029 JIM TRIGGS PRESIDENT & CEO 6022464520 2023-07-17 1 JIM TRIGGS 999009999 0 LISA N RYSSEL CPA P00643670 7149781300 2023-07-17 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z JIM TRIGGS 2401 W PEORIA 120 PHOENIX AZ 85029 43014293 0 X WWW.MONEYMANAGEMENT.ORG X 2002 TX WE STRIVE TO BENEFIT THE COMMUNITY BY PROVIDING EXCEPTIONAL FINANCIAL EDUCATION AND COUNSELING PROGRAMS INCLUDING CREDIT, HOUSING, AND BANKRUPTCY COUNSELING. 9 8 320 8 0 0 14488765 13348518 26600544 23448084 728783 391230 129872 62889 41947964 37250721 0 0 0 0 30315772 25491409 0 0 417230 13049568 14196680 43365340 39688089 -1417376 -2437368 50841625 39941484 17209762 13157994 33631863 26783490 X TO IMPROVE LIVES THROUGH FINANCIAL EDUCATION. 0 0 19321662 15253657 CREDIT COUNSELING AND DEBT MANAGEMENT - SEE SCHEDULE O. 13086704 6498281 HOUSING COUNSELING AND EDUCATION - SEE SCHEDULE O. 291691 729328 SINCE 2005, MMI HAS BEEN APPROVED TO PROVIDE PRE-FILING BANKRUPTCY COUNSELING AND ISSUE COUNSELING CERTIFICATES IN COMPLIANCE WITH THE BANKRUPTCY CODE. MMI IS ALSO APPROVED TO DELIVER PRE-DISCHARGE BANKRUPTCY EDUCATION SERVICES ALONG WITH THE CERTIFICATE OF PARTICIPATION THAT ALLOWS THE CONSUMER TO PROCEED WITH THE BANKRUPTCY DISCHARGE PROCESS. IN 2022, MMI PROVIDED MORE THAN 500 COUNSELING SESSIONS FOR CONSUMERS PRIOR TO THEIR FILING FOR BANKRUPTCY AND 200 CONSUMERS PARTICIPATED IN PRE-DISCHARGE EDUCATION PROGRAMS. 1518739 966818 OTHER PROGRAMS - SEE SCHEDULE O 1518739 966818 34218796 1 1 0 0 0 0 0 0 1 0 1 0 0 1 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 1 1 1 0 0 0 1 45 0 1 320 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CO CT FL HI IL KS KY ME MD MA MI MN MS NJ NM NY ND OR PA TN WA WV WI NH X JIM TRIGGS 6022464520 2401 W PEORIA 120 PHOENIX AZ 85029 JIM TRIGGS PRESIDENT & CEO 40.00 2.00 X X 416007 0 25393 DOUGLAS DURNIN AUDIT CHAIR (TERM END 12/22) 3.00 1.00 X 0 0 0 KAREN ANCILLAI BOARD RESOURCES CHAIR 3.00 1.00 X X 0 0 0 GREG MCBRIDE COMPENSATION & INVESTMENT CHAIR 3.00 0.00 X 0 0 0 ELIZABETH HOTZE DIRECTOR 3.00 0.00 X 0 0 0 WILLIAM A PUPO DIRECTOR 3.00 0.00 X 0 0 0 MANUEL MARIO PERDOMO DIRECTOR 3.00 0.00 X 0 0 0 ANNE-MARIE BAKER DIRECTOR 3.00 0.00 X 0 0 0 JERRY NEMORIN DIRECTOR 3.00 0.00 X 0 0 0 LYLE LANSDELL CHIEF FINANCIAL OFFICER/TR 40.00 2.00 X 337170 0 28146 MICHELLE JONES CHIEF EXTERNAL AFFAIRS OFF 40.00 1.00 X 304646 0 37944 ZYNDA SELLERS CHIEF COMPLIANCE OFFICER/S 40.00 2.00 X 259048 0 27213 DANIEL LEVINE CHIEF TECHNOLOGY OFFICER 40.00 0.00 X 251032 0 32680 THOMAS DE POY SR. VICE PRESIDENT, INDUSTRY RELATIONS 40.00 0.00 X 210550 0 5948 JAIME E PAYNE VICE PRESIDENT OPERATIONS 40.00 0.00 X 179700 0 2415 CHRISTOPHER FONTENOT VICE PRESIDENT, INFORMATION T 40.00 0.00 X 160346 0 4821 CHRIS T RAY VICE PRESIDENT, MARKETING 40.00 0.00 X 149082 0 4482 CHELSEA LOUISE TAYLOR SR. VICE PRESIDENT, HUMAN RESOURCES 40.00 0.00 X 143259 0 2096 TYRA TURNQUEST SR. DIRECTOR, INFORMATION TECHNOLOGY 40.00 0.00 X 142450 0 4024 MATTHEW KIRK MUELLER DIRECTOR, INFORMATION TECHNOLOGY 40.00 0.00 X 141665 0 4000 NAVITHA VASU MANAGER, INFORMATION TECHNOLOGY 40.00 0.00 X 138901 0 1836 ANTHONY SCATAGLIA END 1021 FORMER CHIEF OPERATING OFFICER 40.00 1.00 X 146455 0 14697 2980311 0 195695 29 1 1 0 SIMPLE A LLC 2028 E BEN WHITE BLVD STE 240-2424 AUSTIN TX 78741 CONSULTING SERVICES 1123649 SYNERGI PARTNERS INC PO BOX 5599 FLORENCE SC 295025599 CONSULTING SERVICES 949278 MJ BRUNNER INC 11 STANWIX STREET 5TH FLOOR PITTSBURGH PA 15222 ADVERTISING SERVICES 526023 SEQUIUM ASSET SOLUTIONS 1130 NORTHCHASE PKWY STE 150 MARIETTA GA 30067 CONSULTING SERVICES 455549 CALLCENTERED LLC 3430 N MOUNTAIN RIDGE UNIT 43 MESA AZ 85207 CONSULTING SERVICES 446618 14 6121441 7227077 13348518 BUDGET AND DEBT COUNSELING 541990 15253657 15253657 HOUSING COUNSELING 541990 6498281 6498281 AGENCY SUPPORT SERVICES 541990 964021 964021 BANKRUPTCY COUNSELING 541990 729328 729328 STUDENT SERVICES 541990 2797 2797 23448084 432564 432564 5711838 10400 5762289 1283 -50451 9117 -41334 -41334 MISCELLANEOUS 900099 62889 62889 62889 37250721 23448084 0 454119 2283059 423465 1622988 236606 18109831 17940005 156654 13172 342599 342599 3241512 3060465 167282 13765 1514408 1393412 104860 16136 697589 456973 225278 15338 51752 33901 16713 1138 124248 124248 3163685 2072450 1021674 69561 2000469 1591413 386742 22314 923168 874740 47033 1395 111998 78612 33386 746606 678896 64820 2890 193074 136245 50747 6082 411399 290309 108131 12959 17266 8551 8715 2451859 2323221 127445 1193 419382 419382 EQUIPMENT RENTAL & MAIN 1768853 1675590 93252 11 DIRECT COST OF REVENUE 470631 470631 BANK CHARGES 276525 267700 8825 LICENSES & TAXES 186663 14263 172400 181513 85355 91488 4670 39688089 34218796 5052063 417230 4293427 4070704 3253407 4585646 1038929 694637 24280737 20552838 5620005 3727899 28214406 19840715 8421451 7021883 50841625 39941484 5413810 4000372 3614620 2420769 8181332 6169019 0 567834 17209762 13157994 X 33540774 26681876 91089 101614 33631863 26783490 50841625 39941484 -2437368 -4411005 0 X X 0 1 X 1 1 1 X 6734990 6291081 4614795 14488765 13348518 45478149 40388323 32785714 33411061 26342966 23448084 156376148 47123313 39076795 38025856 40831731 36796602 201854297 7071218 3346297 2889035 3985332 7761615 25053497 0 7071218 3346297 2889035 3985332 7761615 25053497 176800800 678132 525024 556817 551510 432564 2744047 658714 906440 47703 257578 0 1870435 1336846 1431464 604520 809088 432564 4614482 48460159 40508259 38630376 41640819 37229166 206468779 0.85630 0.75080 0.02230 0.04020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 278753 162155 116598 3286759 2466008 820751 20715225 17924675 2790550 3727899 CASH HELD FOR CUSTOMERS 6169019 DEPOSITS AND OTHER ASSETS 236930 RIGHT OF USE ASSET - FINANCING 117131 RIGHT OF USE ASSET - OPERATING 498803 7021883 CURRENT LEASE LIABILITY - OPERATING 185263 CURRENT LEASE LIABILITY - FINANCING 54770 NONCURRENT LEASE LIABILITY - OPERATING 320336 NONCURRENT LEASE LIABILITY - FINANCING 7465 567834 X PART IV, LINE 2B: MMI COLLECTS PAYMENTS FROM CLIENTS WHO ARE ON DEBT MANAGEMENT PLANS, PLACES THOSES PAYMENTS INTO A SEPARATE TRUST ACCOUNT, AND THEN DISBURSES THOSE FUNDS TO THE CREDITORS OF THE CLIENTS. PART X, LINE 2: AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(3), THE COMPANY IS EXEMPT FROM FEDERAL INCOME TAXES ON ITS RELATED INCOME PURSUANT TO IRC SECTION 501(A). IT IS ALSO EXEMPT FROM VARIOUS STATE INCOME TAXES UNDER SIMILAR STATE STATUTES. MMI - HOUSING AND SEMINOLE RIDGE ARE DISREGARDED ENTITIES FOR FEDERAL TAX PURPOSES. THE COMPANY HAD NO TAXABLE UNRELATED BUSINESS INCOME IN 2022. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. MANAGEMENT HAS EVALUATED THE COMPANY'S TAX POSITIONS AND CONCLUDED THAT THE COMPANY HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE COMPANY IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2016. THE COMPANY RECORDS TAX-RELATED INTEREST AND PENALTIES IN EXPENSES IN THE CONSOLIDATED STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS. THERE WERE NO TAX-RELATED INTEREST OR PENALTIES IN 2022. X 1 1 X X X X 1 0 0 0 0 0 0 0 0 JIM TRIGGS PRESIDENT & CEO 310000 0 80000 0 26007 0 6777 0 18616 0 441400 0 0 0 LYLE LANSDELL CHIEF FINANCIAL OFFICER/TR 265000 0 50000 0 22170 0 8550 0 19596 0 365316 0 0 0 MICHELLE JONES CHIEF EXTERNAL AFFAIRS OFF 235000 0 50000 0 19646 0 8550 0 29394 0 342590 0 0 0 ZYNDA SELLERS CHIEF COMPLIANCE OFFICER/S 190000 0 50100 0 18948 0 7617 0 19596 0 286261 0 0 0 DANIEL LEVINE CHIEF TECHNOLOGY OFFICER 175000 0 50050 0 25982 0 6309 0 26371 0 283712 0 0 0 THOMAS DE POY SR. VICE PRESIDENT, INDUSTRY RELATIO 185000 0 25550 0 0 0 5948 0 0 0 216498 0 0 0 JAIME E PAYNE VICE PRESIDENT OPERATIONS 150000 0 29700 0 0 0 2415 0 0 0 182115 0 0 0 CHRISTOPHER FONTENOT VICE PRESIDENT, INFORMATION T 150346 0 10000 0 0 0 4821 0 0 0 165167 0 0 0 ANTHONY SCATAGLIA END 1021 FORMER CHIEF OPERATING OFFICER 0 0 0 0 146455 0 0 0 14697 0 161152 0 0 0 CHRIS T RAY VICE PRESIDENT, MARKETING 140402 0 8680 0 0 0 4482 0 0 0 153564 0 0 0 PART I, LINE 1A MMI PAID COUNTRY CLUB DUES FOR JIM TRIGGS, THE PRESIDENT & CEO. MMI PAID FOR COMPANION TRAVEL OF WILLIAM PUPO AND MANNY PERDOMO FOR THE BOD MEETINGS. PART I, LINE 4A DURING CALENDAR YEAR 2022, THE FOLLOWING INDIVIDUALS RECEIVED SEVERANCE PAYMENTS. ANTHONY SCATAGLIA - $146,455 FORM 990, PART III, LINE 4A MONEY MANAGEMENT INTERNATIONAL (MMI) PROVIDES PERSONAL FINANCIAL COUNSELING AND EDUCATION FOR THOSE NEEDING ASSISTANCE WITH BUDGETING AND MONEY MANAGEMENT. CONSUMERS RECEIVE FINANCIAL GUIDANCE FROM A CERTIFIED CREDIT COUNSELOR. DURING A SESSION, THE COUNSELOR WILL HELP THE CONSUMER ASSESS THEIR FINANCIAL SITUATION, DEVELOP A SPENDING PLAN, SET FINANCIAL GOALS AND CREATE AN ACTION PLAN. SOME CONSUMERS MAY BE ENROLLED IN A DEBT MANAGEMENT PLAN (DMP) FOR SYSTEMATIC REPAYMENT OF CERTAIN DEBTS. TEAMS OF CERTIFIED SUPPORT COUNSELORS PROVIDE ADMINISTRATION AND SUPPORT FOR MMI'S DMP CLIENTS BY PROVIDING ONGOING FINANCIAL COUNSELING AND EDUCATION FROM THE START THROUGH COMPLETION. CORPORATE POLICY REQUIRES THAT ALL SUPPORT COUNSELORS RECEIVE IN-DEPTH TRAINING AND ARE REQUIRED TO BE INDEPENDENTLY CERTIFIED PRIOR TO COUNSELING A CONSUMER. MMI'S CERTIFIED TRAINING STAFF PROVIDES EDUCATIONAL CLASSES IN PERSON, THROUGH VIRTUAL WEBINARS, AND THROUGH SELF-PACED ONLINE MODULES THAT COVER A WIDE VARIETY OF CONSUMER FINANCE TOPICS. OF CONSUMERS WHO ENDED THEIR DEBT MANAGEMENT PLANS, 76% FULLY REPAID THEIR DEBTS THROUGH MMI AND ANOTHER 4% RECOVERED TO THE EXTENT THAT THEY WERE ABLE TO RESUME DIRECT PAYMENTS ON THEIR DEBT TO CREDITORS. IN 2022, MMI PROVIDED MORE THAN 38,000 DEBT AND BUDGET COUNSELING SESSIONS. ADDITIONALLY, MMI HELPED 46,466 INDIVIDUALS AND FAMILIES REPAY OVER $193 MILLION IN DEBT. CLIENTS REDUCED THEIR INTEREST RATES TO AN AVERAGE OF JUST 7.3%, SAVING UP TO $33,000 IN INTEREST BASED ON AGGREGATE DATA; AND INCREASED THEIR CREDIT SCORE BY 90 POINTS OVER THE COURSE OF THE DMP, ON AVERAGE. FORM 990, PART III, LINE 4B MMI PROVIDES A WIDE VARIETY OF HOUSING COUNSELING SERVICES AIMED AT SAVING HOMES AND BUILDING COMMUNITIES. FORECLOSURE PREVENTION COUNSELING ASSISTS THOSE WHO HAVE FALLEN BEHIND ON THEIR MORTGAGE PAYMENTS TO KEEP THEIR HOME AND AVOID THE COST AND CREDIT RATING DAMAGE ASSOCIATED WITH FORECLOSURE. RENTAL COUNSELING PROVIDES GUIDANCE AND SOLUTIONS TO THOSE WHO ARE AT RISK OF EVICTION. MMI'S PROJECT PORCHLIGHT DISASTER RECOVERY PROGRAM PROVIDES IMMEDIATE AND LONG-TERM SUPPORT TO CONSUMERS IMPACTED BY NATURAL DISASTERS AND THOSE EXPERIENCING ECONOMIC DISRUPTION CAUSED BY THE PANDEMIC. POST-MODIFICATION COUNSELING IS A LONG-TERM FINANCIAL COACHING PROGRAM DESIGNED TO SUPPORT LONG-TERM REPAYMENT SUCCESS FOR CONSUMERS WHO HAVE PREVIOUSLY FALLEN DELINQUENT ON THEIR MORTGAGE. REVERSE MORTGAGE COUNSELING EDUCATES SENIORS ON THE BENEFITS, CONSEQUENCES, OPTIONS, AND PROCESS OF OBTAINING A HOME EQUITY CONVERSION MORTGAGE, WHILE REVERSE MORTGAGE DEFAULT SUPPORTS SENIORS WHO ARE AT RISK OF DEFAULT DUE TO LAPSED PROPERTY TAX OR INSURANCE PAYMENTS. MMI ASSISTS POTENTIAL HOME BUYERS BY EDUCATING THEM ON THE COSTS AND RESPONSIBILITIES OF HOME OWNERSHIP. BORROWER SUCCESS, MMI'S POST-PURCHASE PROGRAM, PROVIDES NEW HOMEOWNERS WITH THE EDUCATION AND INFORMATION NEEDED TO SUPPORT SUCCESSFUL HOMEOWNERSHIP. MORE THAN 15,000 HOMEBUYERS PER MONTH RECEIVE PHONE CALLS, TEXT MESSAGES OR EMAIL FROM MMI PROVIDING TIMELY, MEANINGFUL INFORMATION TO ASSIST THEM IN REMAINING CURRENT ON THEIR MORTGAGE, UNDERSTANDING THE RESPONSIBILITIES OF HOMEOWNERSHIP, AND PROVIDING RESOURCES FOR THOSE WHO ARE STRUGGLING. AS A U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) APPROVED PROVIDER OF HOMEOWNERSHIP-COUNSELING SERVICES, MMI AFFIRMATIVELY FURTHERS FAIR HOUSING THROUGH MAKING CONSUMERS AWARE OF DISCRIMINATORY PRACTICES, MAKING ALL PROGRAMS AND ACTIVITIES ACCESSIBLE TO PERSONS WITH DISABILITIES, AND MAKING AVAILABLE LANGUAGE ASSISTANCE SERVICES TO PERSONS WITH LIMITED ENGLISH PROFICIENCY. FUNDING IS PROVIDED BY THE HUD AND THROUGH CONTRACTUAL ARRANGEMENTS WITH MORTGAGE SERVICERS AND GOVERNMENT-SPONSORED ENTERPRISE (GSE). IN 2022, MMI PROVIDED MORE THAN 48,000 HOUSING-SPECIFIC SESSIONS. MMI PROVIDED HOMEOWNERSHIP EDUCATION ON THE TOPICS OF HOME BUYING, LOSS MITIGATION, RENTAL RIGHTS, AND EVICTION PREVENTION TO 10,535 CONSUMERS VIA IN PERSON, LIVE ONLINE, AND SELF-PACED EDUCATION IN THE MMI UNIVERSITY, FRAMEWORK AND EHOME AMERICA PLATFORMS IN 2022. FORM 990, PART III, LINE 4D IN ADDITION TO ONE-ON-ONE COUNSELING, MMI PROVIDES FINANCIAL CAPABILITY EDUCATION ON A BROAD RANGE OF TOPICS, INCLUDING EDUCATION RELATED TO A VARIETY OF HOMEOWNERSHIP TOPICS. MOST OF OUR EDUCATIONAL WORKSHOPS ARE FREE TO CONSUMERS AND COVER A RANGE OF TOPICS. WORKSHOPS RANGE FROM ONE-HOUR BASIC PRESENTATIONS TO AN EIGHT-HOUR, IN-DEPTH WORKSHOP FOCUSED ON PREPARATION FOR THE HOME-BUYING PROCESS. TAILORING OUR CLASSES TO THE NEEDS OF OUR CLIENTS, MMI CONDUCTS EDUCATION CLASSES IN ENGLISH AND SPANISH. IN ADDITION TO LIVE WORKSHOPS, WE OFFER EDUCATION IN AN ONLINE, SELF-PACED FORMAT. WE BELIEVE ONLINE EDUCATION PROVIDES A CONVENIENT AND PRACTICAL WAY OF REACHING CLIENTS IN NEED. THE SITE HAS A USER-FRIENDLY INTERFACE, ALLOWING CLIENTS EASIER ACCESS TO OUR EDUCATION MODULES. EDUCATION TOPICS INCLUDE: BUDGETING BASICS - CREATE A PRIORITY SPENDING PLAN THAT INCLUDES SAVING FOR SHORT- AND LONG-TERM GOALS MANAGING YOUR CREDIT - EXPLORE CREDIT REPORTING AND SCORES, AND STRATEGIES FOR ESTABLISHING AND SUCCESSFULLY MANAGING CREDIT MANAGING YOUR DEBT - EXPLORE TYPES OF DEBT AND STRATEGIES FOR MANAGING PAYMENTS AND REDUCING DEBT MANAGING YOUR HOUSEHOLD - LEARN STRATEGIES FOR MANAGING HOUSEHOLD FINANCES AND SAFEGUARD THEIR HOME INVESTMENT MANAGING FINANCIAL STRESS - EXPLORE COMMON SOURCES OF FINANCIAL STRESS AND MANAGEMENT STRATEGIES OTHER PROGRAMS INCLUDE AGENCY SUPPORT SERVICES, STUDENT LOAN COUNSELING AND SMALL BUSINESS COUNSELING. FORM 990, PART VI, SECTION A, LINE 1A BY THE AFFIRMATIVE VOTE OF AT LEAST SEVENTY-FIVE PERCENT (75%) OF THE DIRECTORS, THE BOARD OF DIRECTORS MAY CREATE AN EXECUTIVE COMMITTEE, WHICH SHALL HAVE AND EXERCISE ALL THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE CORPORATION, AND MAY APPOINT TWO OR MORE PERSONS, A MAJORITY OF WHOM ARE MEMBERS OF THE BOARD OF DIRECTORS, TO SERVE ON IT. BY MAJORITY VOTE, THE BOARD OF DIRECTORS MAY CREATE ONE OR MORE OTHER COMMITTEES AND APPOINT MEMBERS OF THE BOARD OF DIRECTORS TO SERVE ON THEM. ANY SUCH COMMITTEE MAY EXERCISE ALL CORPORATE AUTHORITY DELEGATED TO IT BY THE BOARD OF DIRECTORS EXCEPT AS LIMITED BY APPLICABLE LAW. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE THE DRAFT IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT AND THE AUDIT COMMITTEE AND ANY CHANGES INCORPORATED INTO THE FILING. ONCE THIS DETAILED REVIEW IS COMPLETE, THE DRAFT OF THE FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND COMMENTS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL EXECUTIVES (DIRECTORS, OFFICERS, AND KEY EMPLOYEES) OF MMI ARE BOUND BY A CONFLICT OF INTEREST POLICY AND MUST COMPLETE A QUESTIONNAIRE ON AN ANNUAL BASIS DETAILING ANY OTHER INTERESTS. THE EXECUTIVE MUST UPDATE THE DISCLOSURE FORM SHOULD ANY MATERIAL CHANGES ARISE DURING THE COURSE OF THE YEAR. THESE FORMS ARE MAINTAINED WITH OTHER CORPORATE DOCUMENTS BY THE SECRETARY OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 15 MMI HAS DEVELOPED AND IMPLEMENTED A COMPENSATION POLICY ADHERING TO THE STANDARDS PROVIDED IN TREASURY REGULATIONS SECTION 53.4858-6. THE POLICY REQUIRES A COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS TO REVIEW AND APPROVE COMPENSATION FOR OFFICERS AND KEY EMPLOYEES; THAT THE COMMITTEE OBTAIN AND RELY UPON COMPARABILITY DATA AND VALUATION STUDIES PREPARED BY INDEPENDENT EXECUTIVE COMPENSATION EXPERTS; THE COMMITTEE CONTEMPORANEOUSLY DOCUMENTS ITS DELIBERATIONS AND DECISIONS IN WRITING; AND MUST HAVE ALL COMPENSATION DECISIONS APPROVED BY THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 MMI COMPLIES WITH THE PUBLIC INSPECTION REQUIREMENTS OF THE IRC 6104 BY MAKING AVAILABLE TO THE PUBLIC ITS FORM 1023, APPLICATION OF RECOGNITION OF EXEMPTION UNDER 501(C)3 OF THE IRC, DETERMINATION LETTER FROM THE IRS AND FORMS 990 AND 990-T FOR ITS THREE MOST RECENTLY COMPLETED TAX PERIODS. IN ADDITION TO THIS INFORMATION, EVEN THOUGH NOT REQUIRED OF SECTION 501(C)3 ORGANIZATIONS UNDER THE IRC 6104, MMI HAS CHOSEN TO DISCLOSE THEIR GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICIES AND FINANCIAL STATEMENTS UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT OR SELECTION PROCESS DURING THE YEAR. MMI HOUSING LLC 2401 W PEORIA 120 PHOENIX AZ 85029 460985114 REAL ESTATE DE 0 0 MONEY MANAGEMENT INTERNATIONAL INC MMI SEMINOLE RIDGE INVESTMENT LLC 2401 W PEORIA 120 PHOENIX AZ 85029 460984731 REAL ESTATE DE 0 0 MONEY MANAGEMENT INTERNATIONAL INC CCCS OF SOUTHERN NEW ENGLAND INC 12603 SOUTHWEST FREEWAY SUITE 450 STAFFORD TX 77477 237230816 CREDIT COUNSELING MA 501(C)(3) LINE 10 MONEY MANAGEMENT INTERNATIONAL INC 1 MMI FINANCIAL EDUCATION FOUNDATION 12603 SOUTHWEST FREEWAY SUITE 450 STAFFORD TX 77477 760691702 FINANCIAL EDUCATION TX 501(C)(3) LINE 12A, I MONEY MANAGEMENT INTERNATIONAL INC 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0