2015-02-13T14:03:47-06:00 2014-06-30 911194016 CLARK NUBER PS 10900 NE 4TH STREET SUITE 1700 BELLEVUE WA 98004 990 2013-07-01 911163554 NORTH SEATTLE COMMUNITY COLLEGE FOUNDATION NORT 2063748844 2815 2ND AVENUE NO 280 SEATTLE WA 98121 CINDY R SEREMEK PRESIDENT 2063748844 2015-02-12 1 MEGAN RYAN P00737884 4254544919 2015-02-11 2013 2016-03-07 17:11:31Z AMERICAN FINANCIAL SOLUTIONS CINDY R SEREMEK 2815 2ND AVENUE NO 280 SEATTLE WA 98121 3873035 0 X WWW.MYFINANCIALGOALS.ORG X 1986 WA NORTH SEATTLE COMMUNITY COLLEGE FOUNDATION PROMOTES, SUPPORTS, MAINTAINS, DEVELOPS, AND EXTENDS EDUCATIONAL OFFERINGS AND THE PURSUIT THEREOF AT OR IN CONNECTION WITH NORTH SEATTLE COLLEGE.AMERICAN FINANCIAL SOLUTIONS (AFS) IS A DIVISION OF NORTH SEATTLE COMMUNITY COLLEGE FOUNDATION, THE MISSION OF WHICH IS TO EMPOWER PEOPLE TO IMPROVE THE QUALITY OF THEIR LIVES THROUGH FINANCIAL EDUCATION AND COUNSELING. WE REDIRECT A PORTION OF OUR PROCEEDS TO A FUND THAT PROVIDES STUDENT SCHOLARSHIPS, FACULTY GRANTS, AND OTHER ACADEMIC PROGRAMS FOR NORTH SEATTLE COLLEGE. 9 9 42 4 0 0 2300804 1867050 2284198 1955636 37752 50349 0 0 4622754 3873035 250000 250000 0 0 2583064 2324433 0 0 0 1677018 1427574 4510082 4002007 112672 -128972 7219753 7012301 1453003 1210244 5766750 5802057 X THE NORTH SEATTLE COMMUNITY COLLEGE FOUNDATION (THE FOUNDATION) OPERATES EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1954, AS AMENDED. - SEE SCHEDULE O 0 0 3307779 1955636 CONSUMER CREDIT COUNSELING PROGRAM TO ASSIST FINANCIALLY DISTRESSEDINDIVIDUALS GAIN CONTROL OF PERSONAL FINANCIAL SITUATIONS THROUGHEDUCATION AND INDIVIDUALLY TAILORED SOLUTIONS. NET REVENUES ARE AVAILABLE AT THE DISCRETION OF THE BOARD TO FUND THE FOUNDATION'S FINANCIAL AND PROGRAMMATIC SUPPORT OF THE COLLEGE.CREDIT COUNSELING - AMERICAN FINANCIAL SOLUTIONS (AFS) HELPS CLIENTSFREE THEMSELVES FROM THE ANXIETY AND STRESS OF CREDIT, DEBT ANDFINANCIAL WORRIES BY PROVIDING CREDIT COUNSELING, FINANCIAL EDUCATIONAND DEBT MANAGEMENT SERVICES THAT PUT CLIENTS IN CONTROL OF THEIRFINANCIAL SUCCESS. 9,498 CLIENTS WERE COUNSELED IN A CONFIDENTIAL,ONE-ON-ONE COUNSELING SESSION, WHERE CERTIFIED CREDIT COUNSELORS HELP ASSESS CLIENTS' SITUATIONS AND IDENTIFY OPTIONS TO MANAGE AND PAY OFF DEBTS. THERE IS NO CHARGE FOR COUNSELING OR EDUCATION SERVICES. DEBT MANAGEMENT PLANS - ONE OF THE OPTIONS AVAILABLE TO CLIENTS WHO ARESTRUGGLING WITH REPAYING UNSECURED DEBT IS A DEBT MANAGEMENT PLAN. ADEBT MANAGEMENT PLAN IS A WAY TO CONSOLIDATE CREDIT AND UNSECURED DEBTINTO ONE MONTHLY PAYMENT THAT FITS WITHIN A CLIENT'S BUDGET, ALLOWINGREPAYMENT OF DEBTS MORE QUICKLY OVER TIME THAN WOULD OTHERWISE BEPOSSIBLE. CHARGES APPLY TO ENROLL IN DEBT MANAGEMENT PLANS. THESE FEES ARE REGULATED BY THE 48 STATES IN WHICH AFS IS LICENSED AND BY INDUSTRYGUIDELINES DEVELOPED BY NON-PROFIT CREDIT COUNSELING AGENCIES. 1,673DEBT MANAGEMENT PLANS WERE ENTERED INTO DURING THE FISCAL YEAR.HOME FORECLOSURE COUNSELING - AFS IS A SUB-GRANTEE OF THE WASHINGTON STATE HOUSING FINANCE COMMISSION, A HUD-APPROVED HOUSING COUNSELINGAGENCY. AFS OFFERS ASSISTANCE TO CLIENTS TO HELP THEM TRY TO AVOID THELOSS OF THEIR HOMES. IN CONFIDENTIAL, ONE-ON-ONE COUNSELING SESSIONS,563 CLIENTS WERE OFFERED HELP BY AFS COUNSELORS WHO ASSESS THEIRSITUATIONS, INFORM THEM OF OPTIONS AND WORK DIRECTLY WITH THEIR LENDERSTO TRY TO FIND SOLUTIONS THAT WILL WORK FOR THE CLIENT. MORTGAGECOUNSELING SESSIONS ARE OFFERED FREE OF CHARGE TO CLIENTS.COUNSELING BEFORE BANKRUPTCY - IN CONFIDENTIAL, ONE-ON-ONE COUNSELINGSESSIONS, AFS CERTIFIED CREDIT COUNSELORS HELPED 320 CLIENTS ASSESSTHEIR CURRENT INCOME AND ASSETS VERSUS MONTHLY EXPENSES AND DEBTS. WITHTHIS INFORMATION, AFS CREATES AN ACCURATE AND DETAILED MONTHLY BUDGETTHAT CAPTURES THE CLIENT'S OVERALL FINANCIAL SITUATION. THIS PROCESSALLOWS THE COUNSELOR TO BETTER EXPLAIN WHAT BANKRUPTCY MEANS TO THECLIENT AND THE POSSIBLE ALTERNATIVES FOR HANDLING DEBTS. AFS ISAPPROVED BY THE EXECUTIVE OFFICE FOR U.S. TRUSTEES (EOUST) TO ISSUECERTIFICATES OF CREDIT COUNSELING IN COMPLIANCE WITH THE BANKRUPTCYCODES OF ARIZONA, CALIFORNIA, COLORADO, CONNECTICUT, DELAWARE, GEORGIA, HAWAII, IDAHO, ILLINOIS, INDIANA, IOWA, KANSAS, KENTUCKY, MAINE, MARYLAND, MINNESOTA, MISSISSIPPI, MISSOURI, MONTANA, NEBRASKA, NEVADA, NEW JERSEY, NEW YORK, NORTH DAKOTA, OREGON, PENNSYLVANIA, RHODE ISLAND, SOUTH CAROLINA, TENNESSEE, TEXAS, UTAH, VERMONT, VIRGINIA, WASHINGTON AND WISCONSIN. APPROVAL DOES NOT ENDORSE OR ASSURE THE QUALITY OF AN AGENCY'S SERVICES.POST-BANKRUPTCY EDUCATION - THE BANKRUPTCY CODE REQUIRES CONSUMERS TOCOMPLETE AN APPROVED FINANCIAL EDUCATION COURSE, ALSO KNOWN ASPOST-BANKRUPTCY CREDIT COUNSELING, WITH AN APPROVED AGENCY BEFORE DEBTS CAN BE DISCHARGED. AFS PROVIDES THIS COURSE UTILIZING THE "MONEY INMOTION" PROGRAM. AFS IS APPROVED BY THE EXECUTIVE OFFICE FOR U.S.TRUSTEES (EOUST) TO PROVIDE THE REQUIRED POST-BANKRUPTCY EDUCATION INCOMPLIANCE WITH THE BANKRUPTCY CODES OF ARIZONA, CALIFORNIA, COLORADO, CONNECTICUT, DELAWARE, GEORGIA, HAWAII, IDAHO, ILLINOIS, INDIANA, IOWA, KANSAS, KENTUCKY, MAINE, MARYLAND, MINNESOTA, MISSISSIPPI, MISSOURI, MONTANA, NEBRASKA, NEVADA, NEW JERSEY, NEW YORK, NORTH DAKOTA, OREGON, PENNSYLVANIA, RHODE ISLAND, SOUTH CAROLINA, TENNESSEE, TEXAS, UTAH, VERMONT, VIRGINIA, WASHINGTON AND WISCONSIN. THERE WERE 190 CLIENTS SERVED DURING THE YEAR.DURING FY 2014, AFS DEVELOPED THE "ROADMAP FOR STUDENTS", A STUDENT LOAN FINANCIAL EDUCATION PROGRAM THAT IS USED TO PROVIDE CURRENT STUDENTS, PROSPECTIVE STUDENTS, AND FORMER STUDENTS WITH FINANCIAL EDUCATION RELATING TO CREDIT AND FINANCES IN GENERAL AND STUDENT LOANS IN PARTICULAR. THE PROGRAM CONSISTS OF IN-PERSON AND TELEPHONE FINANCIAL EDUCATION COUNSELING, FINANCIAL EDUCATION BOOKLETS, AN ONLINE COURSE, A WEBPAGE, FINANCIAL EDUCATION NEWSLETTERS, A MOVABLE APPLICATION FOR SMARTPHONES, AND OTHER COMPONENTS. APPROXIMATELY 51 STUDENTS TOOK ADVANTAGE OF THIS PROGRAM IN FY 2014. 250000 250000 SUPPORTS NORTH SEATTLE COLLEGE THROUGH FINANCIAL CONTRIBUTIONS FOR SCHOLARSHIPS, FACULTY GRANTS AND OTHER PURPOSES, AND BY PROVIDING FOUNDATION PERSONNEL THE RESOURCES FOR SPECIFIC EDUCATIONAL PROJECTS IN COLLABORATION WITH THE COLLEGE. 14822 PUBLIC EDUCATIONAL OUTREACH ACTIVITIES FOCUSING ON CONSUMER DEBT ANDOTHER PERSONAL FINANCE SUBJECTS, INCLUDING FREE WORKSHOPS, SEMINARS, PUBLICATIONS AND ONLINE COURSES. 2,278 INDIVIDUALS PARTICIPATED IN FACE TO FACE EDUCATION CLASSES, WHILE 3,129 INDIVIDUALS PARTICIPATED IN ON-LINE EDUCATION CLASSES.FINANCIAL LITERACY EDUCATION - AMERICAN FINANCIAL SOLUTIONS, IN PARTNERSHIP WITH THE SEATTLE COMMUNITY COLLEGES TELEVISION AND NORTH SEATTLE COLLEGE, HAS CREATED EIGHT POWERFUL PERSONAL FINANCE COURSES THAT ARE AVAILABLE TO THE PUBLIC ONLINE FOR FREE, WITH AN OPTION TO RECEIVE A CERTIFICATE FOR THE STUDENT'S CREDIT FILE, CALLED "INVESTING IN YOURSELF." THIS SERIES OF PROGRAMS TEACHES THE ESSENTIALS OF SMART MONEY MANAGEMENT. AFS ALSO CONDUCTS WORKSHOPS IN THE WESTERN WASHINGTON COMMUNITY TO BUILD FINANCIAL LITERACY AND HELP PERSONS TO BETTER MANAGE THEIR MONEY. A VARIETY OF PROGRAMS ARE AVAILABLE FOR ADULTS, YOUNG ADULTS, PARENTS AND TEACHERS. 3572601 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 19 0 1 42 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OR MA MT CA CT IL WA X THERESE COAD 2063748877 2815 2ND AVENUE 280 SEATTLE WA 98121 JEROME GRONFEIN CHAIR 1.00 X X 2100 0 0 JOSEPH JAHN VICE-CHAIR 1.00 X X 2100 0 0 JAMES MEDLEY SECRETARY 1.00 X X 1800 0 0 DR RONALD LAFAYETTE DIRECTOR THRU 02/14 1.00 X 1800 0 0 CAROLYN BARTON DIRECTOR 1.00 X 1800 0 0 WADE PARROTT DIRECTOR 1.00 X 1200 0 0 SYLVESTER IFFERT DIRECTOR 1.00 X 1200 0 0 REED DAVIS DIRECTOR 1.00 X 900 0 0 V LEE OKARMA REES DIRECTOR 1.00 X 1500 0 0 MARK MITSUI EX-OFFICIO THRU 07/13 1.00 X 0 0 0 MARY ELLEN O'KEEFFE DIRECTOR, EX-OFFICIO 1.00 X 0 0 0 CINDY R SEREMEK PRESIDENT 45.00 X 144367 0 20414 DEREK OLSON TREASURER THRU 01/14 10.00 X 42000 0 0 THERESE COAD TREASURER FROM 01/14 20.00 X 0 0 0 KEVIN F CROWE DIR OF REG COMPLIANCE THRU 03/14 40.00 X 138398 0 19265 339165 0 39679 2 0 1 0 AMERIX CORPORATION 9755 PATUXENT WOODS DRIVE STE 100 COLUMBIA MD 21046 RESIDUAL CONTRACT PAYMENTS 172644 GOOGLE 1600 AMPHITHEATRE PARKWAY MOUNTAIN VIEW CA 94043 MARKETING 146077 2 X 133490 1733560 1867050 CLIENT/SETUP, NSF FEES 541990 1955636 1955636 1955636 50104 50104 245 0 245 245 245 3873035 1955636 0 50349 250000 250000 217428 54357 163071 1651828 1592903 58925 18134 16034 2100 272633 263665 8968 164410 151204 13206 6262 6262 29216 29216 19862 19862 5680 5680 257178 257178 293715 272247 21468 45509 37024 8485 211082 177336 33746 33095 8274 24821 29181 26098 3083 181387 142822 38565 PROCESSING FEES 136491 136491 DUES & SUBSCRIPTIONS 64859 58373 6486 LICENSE/PERMITS/FEES 60002 60002 CLIENT EDUCATION 14822 14822 39233 18875 20358 4002007 3572601 429406 0 997200 530664 5671576 4304418 132531 117089 22229 37404 61838 157129 817706 742010 34626 75696 215253 1705401 84500 84500 7219753 7012301 552860 507580 12501 0 887642 702664 1453003 1210244 X 5766750 5802057 5766750 5802057 7219753 7012301 -128972 164279 0 X 0 1 X 1 0 X 7126727 4179449 2216045 2300804 1867050 17690075 7126727 4179449 2216045 2300804 1867050 17690075 4472383 13217692 7154 78478 61338 37152 50104 234226 314270 314270 18238571 13003247 0.72470 0.83950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 110004 110004 0 663092 632006 31086 44610 44610 75696 4037314 164279 164279 3873035 0 3873035 4002007 0 4002007 0 4002007 PART IV, LINE 2B: AMERICAN FINANCIAL SOLUTIONS, A DIVISION OF NORTH SEATTLE COMMUNITY COLLEGE FOUNDATION, COLLECTS PAYMENTS FROM CLIENTS THAT IT DISTRIBUTES TO VARIOUS CREDITORS ON THE CLIENT'S BEHALF IN ACCORDANCE WITH EACH CLIENT'S DEBT MANAGEMENT PLAN. THE AMOUNTS COLLECTED BUT NOT YET REMITTED TO CREDITORS ARE SHOWN AS CASH HELD IN TRUST WITH A CORRESPONDING LIABILITY FOR THE AMOUNTS HELD IN TRUST. 1 NORTH SEATTLE COLLEGE 9600 COLLEGE WAY NORTH SEATTLE WA 98103 910826872 GOV'T ENTITY 235000 SCHOLARSHIPS FOR STUDENTS, FACULTY GRANTS, COLLEGE PROGRAMS AND OTHER ACADEMIC PURPOSES AT THE DISCRETION OF THE COLLEGE PRESIDENT. NORTH SEATTLE COLLEGE EDUCATION FUND 9600 COLLEGE WAY NORTH SEATTLE WA 98103 412178833 501(C)(3) 15000 SPONSORSHIP FOR AUCTION AND SCHOLARSHIPS FOR STUDENTS. 2 0 PART I, LINE 2: NORTH SEATTLE COMMUNITY COLLEGE FOUNDATION GRANTED FUNDS FOR SCHOLARSHIPS, FACULTY GRANTS AND OTHER PURPOSES. A SUMMARY IS RECEIVED FROM THE RECIPIENTS SHOWING HOW THE FUNDS WERE SPENT. X X 0 0 0 0 0 0 0 0 0 CINDY R SEREMEK PRESIDENT 144367 0 0 0 0 0 4305 0 16109 0 164781 0 0 0 KEVIN F CROWE DIR OF REG COMPLIANCE THRU 03/14 138398 0 0 0 0 0 3156 0 16109 0 157663 0 0 0 FORM 990, PART I, LINE 6 - VOLUNTEER ACTIVITIES: THERE WERE 4 VOLUNTEERS DURING THE YEAR. 2 VOLUNTEERS SERVED ON THE BOARD OF DIRECTORS AS EX-OFFICIO AND 2 INDIVIDUALS PERFORMED ADMINISTRATIVE DUTIES FOR THE ORGANIZATION. THE ADDITIONAL 6 VOTING DIRECTORS OF THE BOARD CONTRIBUTED A SIGNIFICANT AMOUNT OF TIME TO THE ORGANIZATION. HOWEVER, THEY RECEIVED A NOMINAL MEETING FEE FOR THEIR SERVICE AND ARE THEREFORE NOT INCLUDED ON PART I, LINE 6 OF THE TAX RETURN. FORM 990, PART III, LINE 1, ORGANIZATION MISSION STATEMENT INCLUDING PROMOTING, SUPPORTING, MAINTAINING, DEVELOPING, AND EXTENDING EDUCATIONAL OFFERINGS AND THE PURSUIT THEREOF AT OR IN CONNECTION WITH NORTH SEATTLE COLLEGE. AMERICAN FINANCIAL SOLUTIONS (AFS) IS A DIVISION OF NORTH SEATTLE COMMUNITY COLLEGE FOUNDATION, A NON-PROFIT 501(C)(3) TAX EXEMPT ORGANIZATION. AFS IS DEDICATED TO: -EDUCATING THE GENERAL PUBLIC ON THE PROPER USE OF CREDIT, DEBT MANAGEMENT, AND RELATED PURPOSES. -PROVIDING FINANCIAL SUPPORT TO NORTH SEATTLE COLLEGE TO FUND STUDENT SCHOLARSHIPS AND OTHER EDUCATIONAL PROGRAMS. NO PART OF THE NET EARNINGS OF THE FOUNDATION OR OF AFS INURES TO THE BENEFIT OF ANY PRIVATE PERSON OR ORGANIZATION OTHER THAN STUDENT SCHOLARSHIPS AND RELATED PROGRAMS OF NORTH SEATTLE COLLEGE. AFS WAS ESTABLISHED AS A PROGRAM OF THE FOUNDATION DURING THE FISCAL YEAR ENDED JUNE 30, 1999. AFS OPERATES A CONSUMER CREDIT COUNSELING PROGRAM AND AS SUCH, OFFERS COUNSELING, EDUCATION, REFERRAL RESOURCES, AND DEBT MANAGEMENT PROGRAMS TO ITS CALLERS. AFS ALSO OFFERS A VARIETY OF EDUCATIONAL AND COUNSELING RESOURCES AND PROGRAMS TO THE GENERAL PUBLIC AND COMMUNITY ORGANIZATIONS. THE PURPOSE OF THESE SERVICES IS TO ENABLE FINANCIALLY DISTRESSED PEOPLE TO HAVE A BETTER UNDERSTANDING OF THEIR PERSONAL FINANCES AND USE OF CREDIT BY OFFERING RESOURCES AND ALTERNATIVES TO THEM. PROGRAMS OFFERED INCLUDE FINANCIAL LITERACY EDUCATION, CREDIT COUNSELING, DEBT MANAGEMENT PLANS, HOME FORECLOSURE COUNSELING, COUNSELING BEFORE BANKRUPTCY AND POST-BANKRUPTCY EDUCATION. FORM 990, PART VI, SECTION B, LINE 11 EACH BOARD MEMBER IS PROVIDED A COPY OF THE FORM 990 AND ASKED TO REVIEW THE FORM AND PROVIDE ANY COMMENTS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS COMPLETE A CONFLICT OF INTEREST DISCLOSURE YEARLY. THE ORGANIZATION'S ATTORNEY REVIEWS ALL INFORMATION TO ENSURE THERE ARE NO CONFLICTS. IF A CONFLICT OF INTEREST ARISES WITH A BOARD MEMBER, THEY WILL NOT BE ABLE TO PARTICIPATE IN DISCUSSION OR VOTE ON SUCH TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEWS AND SETS THE SALARY OF THE CEO BASED UPON COMPARABILITY DATA. IN ADDITION, THEY APPROVE THE SALARIES SUGGESTED BY THE CEO FOR HER DIRECT REPORTS. SALARY REVISIONS WERE BASED ON LOCAL SALARY SURVEYS OBTAINED AND JOB PERFORMANCE. THE LAST COMPENSATION REVIEW WAS PERFORMED IN AUGUST OF 2013. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WOULD REVIEW EACH REQUEST AND IF DEEMED REASONABLE, PROVIDE COPIES OF THE REQUESTED DATA. FORM 990, PART VIII, LINE 2 NSF REFERS TO NON-SUFFICIENT FUNDS. I.R.C. SECTION 501(Q) DISCLOSURE THE INTERNAL REVENUE SERVICE HAS ESTABLISHED GUIDELINES FOR TAX EXEMPT CREDIT COUNSELING ORGANIZATIONS, WHICH ARE DESCRIBED IN IRC SECTION 501(Q). NORTH SEATTLE COMMUNITY COLLEGE FOUNDATION REVIEWS THESE GUIDELINES EACH YEAR AND VERIFIES THAT IT DOES MEET THE REQUIREMENTS OF IRC SECTION 501(Q), AS FOLLOWS: THE ORGANIZATION PROVIDES CREDIT COUNSELING SERVICES TAILORED TO THE SPECIFIC NEEDS AND CIRCUMSTANCES OF THE CONSUMER; DOES NOT MAKE LOANS TO DEBTORS; PROVIDES ONLY INCIDENTAL SERVICES TO IMPROVE CONSUMER CREDIT RECORDS AND CREDIT HISTORY, AND DOES NOT CHARGE A SEPARATE FEE FOR SUCH SERVICES; DOES NOT REFUSE SERVICES BASED ON ABILITY TO PAY OR INELIGIBILITY/UNWILLINGNESS OF CONSUMER TO ENROLL IN A DEBT MANAGEMENT PLAN (DMP); CHARGES REASONABLE FEES AND PROVIDES WAIVERS IF CONSUMER IS UNABLE TO PAY; THE MAJORITY OF THE ORGANIZATION'S BOARD MEMBERS REPRESENT BROAD INTERESTS OF THE PUBLIC AND ARE NOT EMPLOYED BY THE ORGANIZATION OR BENEFIT FROM IT; THE ORGANIZATION DOES NOT HAVE OWNERSHIP IN AN ENTITY THAT IS INVOLVED IN THE CREDIT COUNSELING OR SIMILAR BUSINESS; AND DOES NOT PAY FOR REFERRALS OR RECEIVE AMOUNTS FOR PROVIDING REFERRALS FOR DEBT MANAGEMENT PLANS. IN ADDITION, THE ORGANIZATION DOES NOT SOLICIT CONTRIBUTIONS FROM CONSUMERS DURING THE INITIAL COUNSELING PROCESS, OR WHILE A CONSUMER IS RECEIVING SERVICES FROM ORGANIZATION; AND THE AMOUNT OF REVENUE THE ORGANIZATION RECEIVES FROM ITS CUSTOMERS' CREDITORS ATTRIBUTABLE TO DMP SERVICES DOES NOT EXCEED THE LIMIT OF 50 PERCENT OF TOTAL REVENUES.