2018-11-12T13:53:56-06:00 2017-12-31 521853933 JONES MARESCA & MCQUADE PA 10500 LITTLE PATUXENT PARKWAY SUITE 770 COLUMBIA MD 21044 990 2017-01-01 522196183 INCHARGE INSTITUTE OF AMERICA INC INCH 4072917770 5750 MAJOR BLVD NO 320 ORLANDO FL 32819 WILLIAM MALSEED SECRETARY/TREASURER 4072917770 2018-11-12 1 LISA CHEIFETZ P01444196 4108840220 64.88.174.3 2018-11-12 13:52:04 ES P 0087580C7340B0612ABF44AF1D415F2C3C4A590E 14F08357CD8A45A07552E95F8525FACB4E721392 2017 2019-02-21 02:37:17Z ETTA W MONEY 5750 MAJOR BLVD STE 300 ORLANDO FL 32819 3853150 0 X WWW.INCHARGE.ORG X 1999 DE INCHARGE INSTITUTE OF AMERICA PROVIDES GENERAL AND ADMINISTRATIVE SUPPORT TO ITS AFFILIATED ENTITIES. 3 2 24 3 0 0 0 0 3568986 3497352 4163 3066 44553 74343 3617702 3574761 0 0 0 0 2365131 2266906 0 0 0 1241938 1274720 3607069 3541626 10633 33135 2762313 2791076 244199 199462 2518114 2591614 X INCHARGE INSTITUTE OF AMERICA PROVIDES GENERAL AND ADMINISTRATIVE SUPPORT TO ITS AFFILIATED ENTITIES. 0 0 2066516 2436855 CREDIT COUNSELING AND EDUCATION - ICI PROVIDES ADMINISTRATIVE SUPPORT TO INCHARGE DEBT SOLUTIONS ("IDS") IN THE AREA OF CREDIT COUNSELING AND EDUCATION SERVICES. THIS PROGRAM ASSISTS CONSUMERS IN MANAGING THEIR PERSONAL FINANCES THROUGH THE PROVISION OF SOLUTIONS-BASED CREDIT COUNSELING, BUDGET PLANNING AND FINANCIAL EDUCATIONAL MATERIALS. SOLUTIONS-BASED COUNSELING IS DESIGNED TO FIND THE RIGHT SOLUTION FOR EACH DEBT DISTRESSED CONSUMER. NEARLY 60,000 FINANCIALLY DISTRESSED INDIVIDUALS RECEIVED CREDIT COUNSELING, STUDENT LOAN COUNSELING, AND FINANCIAL EDUCATIONAL MATERIALS DURING 2017. FINANCIAL EDUCATIONAL MATERIALS ASSIST CONSUMERS IN ACQUIRING AND IMPROVING MONEY MANAGEMENT SKILLS AND MANAGING CREDIT. CREDIT COUNSELING SERVICES ARE OFFERED IN PERSON FOR INDIVIDUALS RESIDING IN THE CENTRAL FLORIDA AREA, AND NATIONALLY OVER THE TELEPHONE AND THROUGH THE INTERNET. 688839 770151 DEBT MANAGEMENT - ICI PROVIDES ADMINISTRATIVE SUPPORT TO IDS IN THE AREA OF DEBT MANAGEMENT SERVICES. IDS OFFERS DEBT MANAGEMENT PROGRAMS TO ASSIST CONSUMERS IN PAYING OFF THEIR UNSECURED DEBTS AND TO BETTER MANAGE THEIR FINANCIAL OBLIGATIONS IN THE FUTURE. IDS PROCESSES DEBT PAYMENTS, ATTEMPTS TO SECURE A REDUCTION IN INTEREST RATES, AND ATTEMPTS TO ESTABLISH AFFORDABLE MONTHLY PAYMENTS ON THE CLIENTS' BEHALF. CLIENTS ARE PROVIDED INITIAL AND CONTINUING EDUCATIONAL ASSISTANCE THROUGH FINANCIAL EDUCATIONAL MATERIALS AND GUIDANCE IN FINANCIAL MATTERS AS DETERMINED BY THEIR NEEDS. 426253 241951 BANKRUPTCY COUNSELING/DEBTOR EDUCATION - ICI PROVIDES ADMINISTRATIVE SUPPORT TO IDS IN THE AREA OF BANKRUPTCY COUNSELING AND DEBTOR EDUCATION SERVICES. BANKRUPTCY LEGISLATION ENACTED BY CONGRESS IN 2005 REQUIRES INDIVIDUALS FILING FOR BANKRUPTCY TO COMPLETE A BANKRUPTCY CREDIT COUNSELING SESSION PRIOR TO FILING, AND AN INSTRUCTIONAL COURSE IN PERSONAL FINANCIAL MANAGEMENT (DEBTOR EDUCATION) PRIOR TO RECEIVING A BANKRUPTCY DISCHARGE. TO OFFER CONVENIENT, ON-DEMAND ACCESS TO THIS REQUIRED CONTENT, IDS PROVIDES INTERACTIVE WEB-BASED AND TELEPHONIC BANKRUPTCY CREDIT COUNSELING AND DEBTOR EDUCATION PROGRAMS. BOTH PROGRAMS ISSUE CERTIFICATES TO INDIVIDUALS WHO COMPLETE EACH PROGRAM AS REQUIRED BY THE TITLE 11 BANKRUPTCY CODE. DURING 2017, APPROXIMATELY 22,000 CERTIFICATES WERE ISSUED TO BANKRUPTCY PETITIONERS EVIDENCING THEIR SUCCESSFUL COMPLETION OF THE BANKRUPTCY CREDIT COUNSELING SESSION AND THE PERSONAL FINANCIAL MANAGEMENT COURSE. 19228 48395 HOUSING COUNSELING AND EDUCATION - ICI PROVIDES ADMINISTRATIVE SUPPORT TO IDS IN THE AREA OF HOUSING COUNSELING AND EDUCATION SERVICES. IDS IS A LOCAL U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD") APPROVED AGENCY IN THE STATE OF FLORIDA AND A MEMBER OF THE NATIONAL FOUNDATION FOR CREDIT COUNSELING ("NFCC"), WHICH ENABLES IDS TO SERVE CONSUMERS ON A NATIONWIDE BASIS. HOUSING COUNSELING SERVICES INCLUDE FORECLOSURE PREVENTION AND MORTGAGE DELINQUENCY COUNSELING, HOMEBUYER EDUCATION AND PRE-PURCHASE HOMEBUYER COUNSELING. FORECLOSURE PREVENTION AND MORTGAGE DELINQUENCY COUNSELING IS DESIGNED TO PROVIDE EXISTING BORROWERS WITH INFORMATION AND ASSISTANCE NEEDED TO AVOID FORECLOSURE. PROGRAM HIGHLIGHTS INCLUDE BUDGET PLANNING, EVALUATION OF ELIGIBILITY FOR LOAN MODIFICATION, ASSESSMENT OF ABILITY TO SUSTAIN HOME OWNERSHIP AND ALTERNATIVE HOUSING OPTIONS. HOMEBUYER EDUCATION IS DESIGNED TO BETTER PREPARE POTENTIAL HOMEOWNERS FOR HOMEOWNERSHIP. PARTICIPANTS EXAMINE THEIR HOUSING NEEDS, ANALYZE THEIR FINANCIAL SITUATION AND LEARN STRATEGIES TO IMPROVE FINANCIAL MANAGEMENT IN AN EFFORT TO BETTER PREPARE FOR HOMEOWNERSHIP. PARTICIPANTS ALSO LEARN HOW TO SHOP FOR A HOME, OBTAIN A MORTGAGE AND PREPARE FOR LIFE AS A HOMEOWNER. PRE-PURCHASE HOMEBUYER COUNSELING, A PERSONAL ONE-ON-ONE SESSION, IS OFFERED TO PROVIDE EDUCATION AND TIPS TO ASSIST POTENTIAL HOMEBUYERS IN IMPROVING FINANCIAL MANAGEMENT SKILLS AND UNDERSTANDING ALTERNATIVE SOURCES OF FUNDING AND MORTGAGE OPTIONS. DURING 2017, APPROXIMATELY 6,700 HOUSING COUNSELING SESSIONS WERE CONDUCTED. 15123 EDUCATIONAL PROGRAM DEVELOPMENT/OUTREACH - ICI PROVIDES ADMINISTRATIVE SUPPORT SERVICES TO INCHARGE EDUCATION FOUNDATION (THE "FOUNDATION") WHOSE MISSION IS TO PROVIDE EDUCATIONAL MATERIALS, PROGRAMS, AND OUTREACH SERVICES FOR IDS FINANCIALLY DISTRESSED INDIVIDUALS AND FAMILIES. THE FOUNDATION FULFILLS THIS MISSION BY CREATING AND DISTRIBUTING PUBLICATIONS, NEWSLETTERS, ONLINE COURSES, INTERACTIVE TOOLS, GAMES, VIDEOS AND SEMINARS THAT PROVIDE INFORMATION ABOUT MONEY MANAGEMENT, PERSONAL FINANCE AND THE RESPONSIBLE USE OF CREDIT. THE FOUNDATION, IN CONJUNCTION WITH IDS, ALSO CONDUCTS FREE FINANCIAL LITERACY WORKSHOPS AND HOMEBUYER EDUCATION CLASSES FOR THE GENERAL PUBLIC. DURING 2017, OVER 1,900 INDIVIDUALS ATTENDED THE SPONSORED EDUCATIONAL WORKSHOPS AND CLASSES. MILITARY MONEY, A FINANCIAL LITERACY OUTREACH INITIATIVE, PROVIDES FREE FINANCIAL EDUCATION AND TOOLS TO SERVICE MEMBERS, VETERANS AND THEIR FAMILIES THROUGH A DEDICATED WEB PORTAL, PRINT AND EBOOKS AND RADIO CLIPS. MILITARY MONEY RESOURCES CAN BE FOUND AT INCHARGE.ORG/MILITARY-MONEY AND INCLUDE INFORMATION, INSPIRATION AND TOOLS TO HELP SERVICE MEMBERS MAXIMIZE THEIR PERSONAL FINANCIAL POTENTIAL. THE WEB PORTAL RECEIVED OVER 97,000 VISITORS IN 2017. "MILITARY MONEY MINUTES" ARE RADIO CLIPS OFFERING TIMELY ONE-MINUTE FINANCIAL TIPS. THE TIPS ARE BROADCAST SIX TIMES PER DAY ON THE ARMED FORCES RADIO NETWORK AND HAVE A REACH OF ONE MILLION SERVICE MEMBERS. MILITARY MONEY MINUTES ARE ALSO MADE AVAILABLE AS PODCASTS ON ITUNES AND OTHER WEBSITES. THE PODCAST LIBRARY EXPERIENCED MORE THAN 10,000 DOWNLOADS IN 2017. TO HELP ACCOMPLISH ITS MISSION, THE FOUNDATION CONTINUALLY SEEKS PARTNERSHIPS WITH OTHER ORGANIZATIONS. 34351 48395 3215959 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 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 15 0 1 24 1 0 0 0 0 0 0 0 0 0 0 X 3 2 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 FL X X INCHARGE INSTITUTE OF AMERICA INC 4072917770 5750 MAJOR BLVD SUITE 320 ORLANDO FL 32819 RICHARD ANDERSON TRUSTEE 1.00 1.00 X 325 10325 0 ROBERT GALL TRUSTEE 2.00 X 0 0 0 FLORENCE WATFORD TRUSTEE 2.00 X 0 0 0 ETTA W MONEY PRESIDENT & CEO 1.00 49.00 X 9815 317367 35257 WILLIAM MALSEED SECRETARY/TREASURER 1.00 44.00 X 3760 184257 28579 13900 511949 63836 0 0 1 0 EMERSON INVESTMENTS 370 CENTRE POINT CIRCLE SUITE 1136 ALTAMONTE SPRINGS FL 32701 LEASE OFFICE SPACE 413361 LEVEL 3 COMMUNICATIONS PO BOX 910182 DENVER CO 80291 COMMUNICATIONS SERVICES 167445 BROWN & BROWN INC 2290 LUCIEN WAY SUITE 400 MAITLAND FL 32751 INSURANCE SERVICES 139082 JYP ORLANDO 2658 DEL MAR HEIGHTS ROAD 558 DEL MAR CA 92014 RENT - IT SPACE 121493 4 SUPPORT SERVICE INCOME 900099 3497352 3497352 3497352 5492 5492 36000 36000 170093 105870 170356 108033 -263 -2163 -2426 -2426 FORFEITURE CREDIT USAG 900099 38343 38343 38343 3574761 3497352 0 77409 15529 14100 1429 1812020 1645398 166622 73764 67123 6641 238359 216991 21368 127234 115534 11700 3775 3398 377 15682 14114 1568 29736 27158 2578 65787 59738 6049 601520 546208 55312 172778 156890 15888 7661 6264 1397 191022 173457 17565 141454 128447 13007 TRAINING & DEVELOPMENT 17055 15487 1568 PROGRAM SERVICES 10119 9189 930 MISCELLANEOUS 9402 8537 865 DUES & SUBSCRIPTIONS 8249 7490 759 480 436 44 3541626 3215959 325667 0 689303 848914 344742 397219 412682 368672 2328109 2188220 263529 139889 956851 997323 95206 39059 2762313 2791076 244199 199462 244199 199462 X 2518114 2591614 2518114 2591614 2762313 2791076 X 33135 -2361 42726 X 0 0 0 X X 1 INCHARGE DEBT SOLUTIONS 330770440 7 1 3480906 0 1 3480906 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 SCHEDULE A, PAGE 5, SECTION D, PART IV, LINE 3 THE SUPPORTED ORGANIZATION'S (INCHARGE DEBT SOLUTIONS) OFFICERS ARE THE SAME INDIVIDUALS AS THE SUPPORTING ORGANIZATION'S (INCHARGE INSTITUTE OF AMERICA) OFFICERS. ACCORDINGLY, THE ESTABLISHMENT AND MONITORING OF INVESTMENT POLICIES AND DIRECTION PROVIDED AS TO THE USE OF INCOME AND ASSETS OF THE SUPPORTING ORGANIZATION ARE UNDER COMMON CONTROL. SCHEDULE A, PAGE 5, SECTION E, PART IV, LINE 2A ALL OF THE FILING ORGANIZATION'S FUNCTIONAL AREAS (E.G. ACCOUNTING/FINANCE, LEGAL, HUMAN RESOURCES, AND INFORMATION TECHNOLOGY) EXIST TO PROVIDE GENERAL AND ADMINISTRATIVE "BACK-END" SUPPORT TO THE SUPPORTED ORGANIZATION (INCHARGE DEBT SOLUTIONS). WITHOUT THESE ESSENTIAL SERVICES, THE SUPPORTED ORGANIZATION WOULD NOT BE ABLE TO FUNCTION AND CARRY OUT ITS MISSION. THERE WERE NO OTHER ACTIVITIES CONDUCTED BY THE FILING ORGANIZATION. SCHEDULE A, PAGE 5, SECTION E, PART IV, LINE 2B THE GENERAL AND ADMINISTRATIVE SUPPORTING ACTIVITIES MENTIONED ABOVE PROVIDED BY INCHARGE INSTITUTE TO INCHARGE DEBT SOLUTIONS ARE ESSENTIAL TO ONGOING ACTIVITIES. IF NOT PROVIDED BY INCHARGE INSTITUTE, INCHARGE DEBT SOLUTIONS WOULD HAVE TO STAFF AND PROVIDE THE SERVICES. 296047 296047 0 2032062 1892173 139889 139889 0 0 0 0 0 0 0 1 0 ETTA W MONEY PRESIDENT & CEO 9185 296997 450 14550 180 5820 1013 32744 45 1455 10873 351566 0 0 WILLIAM MALSEED SECRETARY/TREASURER 3452 169164 206 10095 102 4998 523 25655 48 2353 4331 212265 0 0 PART I, LINE 7 THE NON-FIXED PAYMENTS REPRESENT NOMINAL AMOUNTS GRANTED BY THE BOARD OF TRUSTEES IN RECOGNITION OF ANNUAL GOAL ACHIEVEMENTS AS SPECIFIED WITHIN THE STRATEGIC PLAN. PART I, QUESTION 3: A COMPENSATION COMMITTEE OF INCHARGE DEBT SOLUTIONS PERFORMS THE FOLLOWING TO ESTABLISH THE COMPENSATION OF INCHARGE INSTITUTE OF AMERICA'S CEO/EXECUTIVE DIRECTOR: 1) ENGAGES THE SERVICES OF AN INDEPENDENT COMPENSATION CONSULTANT 2) REVIEWS THE FORMS 990 OF OTHER ORGANIZATIONS 3) SOLICITS A COMPENSATION SURVEY OR STUDY 4) SEEKS APPROVAL OF COMPENSATION BY THE BOARD OF TRUSTEES FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES,THE PRESIDENT & CEO, AND CFO REVIEW AND APPROVE THE FORM 990 PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST ON A CONFLICT OF INTEREST FORM THAT IS COMPLETED ANNUALLY. POTENTIAL CONFLICTS ARE TO BE REPORTED TO THE ORGANIZATION AS SOON AS KNOWN. FOLLOW UP IS PERFORMED TO ENSURE ALL CONFLICT OF INTEREST FORMS ARE RECEIVED. ALL NOTED ITEMS ON CONFLICT OF INTEREST FORMS RECEIVED FROM OTHER THAN TRUSTEES ARE INVESTIGATED BEFORE PROVIDING THE FORMS TO THE GOVERNANCE COMMITTEE. NOTED ITEMS ON CONFLICT OF INTEREST FORMS RECEIVED FROM TRUSTEES ARE INVESTIGATED BY THE GOVERNANCE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 A SEPARATE BOARD APPOINTED COMPENSATION COMMITTEE OF INCHARGE DEBT SOLUTIONS DETERMINES THE SALARY OF THE OFFICERS OF INCHARGE INSTITUTE OF AMERICA ON AN ANNUAL BASIS. SALARY COMPARABILITY DATA AND PERFORMANCE IS REVIEWED AS THE BASIS FOR OFFICER COMPENSATION ANNUALLY. ON A REGULAR BASIS, AN INDEPENDENT COMPENSATION CONSULTANT MAY BE USED TO PERFORM A COMPENSATION SURVEY OR STUDY. KEY EMPLOYEES MAY RECEIVE SALARY INCREASES BASED ON AN EVALUATION OF PERFORMANCE. PERIODICALLY, KEY EMPLOYEES' SALARIES ARE COMPARED TO MARKET DATA. THE LAST COMPENSATION REVIEW WAS CONDUCTED IN FEBRUARY/MARCH 2018. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION'S FORM 990 IS ALSO AVAILABLE ON GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES COPIES OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AS VALID REQUESTS ARE RECEIVED. FORM 990, PART XI, LINE 9: GAIN ON INVESTMENT IN AFFILIATE 42,726. INCHARGE DEBT SOLUTIONS 5750 MAJOR BLVD SUITE 300 ORLANDO FL 32819 330770440 FINANCIAL COUNSELING NV 501(C)(3) LINE 7 N/A 0 INCHARGE EDUCATION FOUNDATION INC 5750 MAJOR BLVD SUITE 310 ORLANDO FL 32819 200152720 DEVELOP FINANCIAL EDUCATIONAL MATERIALS AND RESOURCES DE 501(C)(3) LINE 12C, III-FI N/A 0 BRIGHT HORIZONS FINANCIAL SERVICES INC 4630 S KIRKMAN ROAD SUITE 357 ORLANDO FL 32811 463794644 INACTIVE DE INCHARGE INSTITUTE OF AMERICA INC C 42726 703591 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 1