2014-08-08T11:24:45-05:00 2013-12-31 521853933 RIBIS JONES & MARESCA PA 10500 LITTLE PATUXENT PARKWAY 770 COLUMBIA MD 21044 990 2013-01-01 522196183 INCHARGE INSTITUTE OF AMERICA INC INCH 4072917770 5750 MAJOR BLVD NO 320 ORLANDO FL 32819 ETTA W MONEY PRESIDENT & CEO 4072917770 2014-08-07 1 DAVID A JONES P01361002 4108840220 2013 2015-11-30 17:44:51Z ETTA W MONEY 5750 MAJOR BLVD STE 300 ORLANDO FL 32819 3099571 0 X WWW.INCHARGE.ORG X 1999 DE INCHARGE INSTITUTE OF AMERICA PROVIDES GENERAL AND ADMINISTRATIVE SUPPORT TO ITS AFFILIATED ENTITIES. 5 4 26 0 0 0 0 0 5738019 2974181 65 -1854 115170 125328 5853254 3097655 0 0 0 0 2883783 1340587 0 0 0 2845124 1800822 5728907 3141409 124347 -43754 2495693 2814708 1554506 917275 941187 1897433 X INCHARGE INSTITUTE OF AMERICA PROVIDES GENERAL AND ADMINISTRATIVE SUPPORT TO ITS AFFILIATED ENTITIES. 0 0 1769770 2974181 CREDIT COUNSELING AND EDUCATION - ICI PROVIDES ADMINISTRATIVE SUPPORT TO INCHARGE DEBT SOLUTIONS 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. OVER 45,000 FINANCIALLY DISTRESSED INDIVIDUALS RECEIVED CREDIT COUNSELING AND FINANCIAL EDUCATIONAL MATERIALS DURING 2013. 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. 589923 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 THE CLIENT'S NEEDS. 404130 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 2013, OVER 71,000 CERTIFICATES WERE ISSUED TO BANKRUPTCY PETITIONERS EVIDENCING THEIR SUCCESSFUL COMPLETION OF THE BANKRUPTCY CREDIT COUNSELING SESSION AND THE PERSONAL FINANCIAL MANAGEMENT COURSE. 35759 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 APPROVED AGENCY IN THE STATE OF FLORIDA AND A MEMBER OF THE NATIONAL FOUNDATION FOR CREDIT COUNSELING 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 A HOME 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 2013, OVER 8,600 HOUSING COUNSELING SESSIONS WERE CONDUCTED. 41720 EDUCATIONAL PROGRAM DEVELOPMENT/OUTREACH - ICI PROVIDES ADMINISTRATIVE SUPPORT TO INCHARGE EDUCATION FOUNDATION (THE "FOUNDATION") WHOSE MISSION IS TO PROVIDE EDUCATIONAL MATERIALS, PROGRAMS, AND OUTREACH SERVICES TO 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 ALSO CONDUCTS FREE EDUCATIONAL WORKSHOPS, WITH CONTENT GEARED TOWARDS ALL AGE GROUPS, IN AN EFFORT TO HELP CONSUMERS OF ALL AGES LEARN AND CULTIVATE SOUND FINANCIAL MANAGEMENT SKILLS. DURING 2013, THE FOUNDATION REACHED OVER 3,000 INDIVIDUALS THROUGH SPONSORED EDUCATIONAL WORKSHOPS. 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. IN 2013, 25,000 COPIES OF "DEFENDING YOUR HOME," A MILITARY HOUSING GUIDE, WERE DISTRIBUTED. THE GUIDE BOOK WAS ALSO PUBLISHED AS AN EBOOK AND IS AVAILABLE THROUGH IBOOKS AND IN KINDLE-FORMAT. 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 RECEIVES OVER 200,000 VISITORS EACH YEAR. "MILITARY MONEY MINUTES" AND "DEFENDING YOUR CASH 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 AND DEFENDING YOUR CASH MINUTES ARE ALSO MADE AVAILABLE AS PODCASTS ON ITUNES AND OTHER WEBSITES. THE PODCAST LIBRARY EXPERIENCED MORE THAN 40,000 DOWNLOADS IN 2013. TO HELP ACCOMPLISH ITS MISSION, THE FOUNDATION CONTINUALLY SEEKS PARTNERSHIPS WITH OTHER ORGANIZATIONS. 77479 2841302 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 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 1 0 0 1 19 0 1 26 1 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X X INCHARGE INSTITUTE OF AMERICA INC 4072917770 5750 MAJOR BLVD SUITE 320 ORLANDO FL 32819 ETTA W MONEY PRESIDENT & CEO, TRUSTEE 1.00 49.00 X X 0 265909 48209 LONNIE M RITZER TRUSTEE 1.00 2.00 X 207 413 0 RICHARD ANDERSON TRUSTEE 1.00 2.00 X 8540 17080 0 FLORENCE WATFORD TRUSTEE 1.00 X 0 620 0 RALPH BETANCOURT TRUSTEE 1.00 X 0 0 0 ROBERT GALL TRUSTEE 1.00 X 0 0 0 WILLIAM MALSEED TREASURER 1.00 44.00 X 0 169839 23556 JODI MCGREGOR SECRETARY 1.00 44.00 X 0 203309 29989 DAVID C JONES FORMER TRUSTEE AND OFFICER 0.00 X 10121 0 0 18868 657170 101754 0 1 1 0 AETNA 151 FARMINGTON AVENUE HARTFORD CT 06156 MEDICAL INSURANCE 1068122 FIDELITY INVESTMENT CORPORATION PO BOX 73307 CHICAGO IL 60673 PENSION PLAN 680765 EMERSON INVESTMENTS 370 CENTRE POINT CIRCLE SUITE 1136 ALTAMONTE SPRINGS FL 32701 LEASE OFFICE SPACE 497834 DIANE MEILLER & ASSOCIATES 255 S ORANGE AVENUE SUITE 1510 ORLANDO FL 32801 IT CONTRACTORS 306898 JYP ORLANDO 2658 DEL MAR HEIGHTS ROAD 558 DEL MAR CA 92014 LEASE IT SPACE 129200 6 SUPPORT SERVICE INCOME 900099 2974181 2974181 2974181 62 62 36000 36000 89051 0 89051 89051 89051 1916 -1916 -1916 -1916 OTHER INCOME 900099 277 277 277 3097655 0 0 3097655 8747 8747 1059115 965847 93268 41036 36932 4104 137380 124439 12941 94309 85299 9010 6707 6707 8704 8704 303832 288745 15087 122999 111249 11750 1030890 932407 98483 8094 7321 773 90111 81502 8609 145136 131271 13865 MISCELLANEOUS 38402 34732 3670 DUES & SUBSCRIPTIONS 22572 20416 2156 TRAINING & DEVELOPMENT 15683 14185 1498 RECRUITING AND RELOCATI 6642 6007 635 1050 950 100 3141409 2841302 300107 0 219612 2001439 59052 62090 231891 258014 7711463 7313504 1122159 397959 862979 95206 2495693 2814708 646319 781103 908187 136172 1554506 917275 X 941187 1897433 941187 1897433 2495693 2814708 X -43754 1000000 X 0 0 0 X X X 0 0 0 INCHARGE DEBT SOLUTIONS 330770440 7 1 1 1 2930510 INCHARGE EDUCATION FOUNDATION 200152720 11B, TYPE II 0 1 1 43671 2 2974181 331173 223519 107654 7361539 7071234 290305 18751 18751 0 397959 DEFERRED RENT 136172 136172 X PART X, LINE 2: ICI BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. 0 1 0 0 0 0 0 0 0 ETTA W MONEY PRESIDENT & CEO, TRUSTEE 0 222230 0 14072 0 29607 0 47174 0 1035 0 314118 0 0 WILLIAM MALSEED TREASURER 0 144669 0 5601 0 19569 0 21696 0 1860 0 193395 0 0 JODI MCGREGOR SECRETARY 0 178925 0 0 0 24384 0 27829 0 2160 0 233298 0 0 DAVID C JONES FORMER TRUSTEE AND OFFICER 0 0 0 0 10121 0 0 0 0 0 10121 0 10121 0 PART I, LINE 4B NON-QUALIFIED DEFERRED COMPENSATION PLANS EXIST FOR CERTAIN KEY EXECUTIVES. UNDER THE DEFERRED COMPENSATION PLANS, A PORTION OF THE PARTICIPATING EXECUTIVES' COMPENSATION IS DEFERRED. THE DEFERRED COMPENSATION BALANCE IS PAYABLE UPON 100% VESTING IN THE PLAN OR SEPARATION FROM SERVICE. THE DEFERRED COMPENSATION HAS BEEN INVESTED IN ANNUITY POLICIES AND OTHER PARTICIPANT DIRECTED INVESTMENT OPTIONS. DURING 2013, DAVID C. JONES RECEIVED MONTHLY PAYOUTS FROM THE ANNUITY-BASED DEFERRED COMPENSATION PLAN. FORM 990, PART VI, SECTION B, LINE 15 PART I, QUESTION 3: A COMPENSATION COMMITTEE 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 FORM 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 A, LINE 4 ON AUGUST 8, 2013, THE BOARD OF TRUSTEES OF INCHARGE INSTITUTE OF AMERICA (ICI) ELECTED TO MAKE THE FOLLOWING CHANGES TO ITS GOVERNING DOCUMENTS: 1) AMEND THE BYLAWS TO REMOVE THE REQUIREMENT THAT TWO ICI TRUSTEES SERVE ON THE INCHARGE EDUCATION FOUNDATION'S (THE "FOUNDATION") BOARD OF TRUSTEES. 2) UNDER A WRITTEN UNANIMOUS CONSENT OF THE BOARD OF TRUSTEES, ICI AUTHORIZED THE AMENDMENT OF THE FOUNDATION'S CERTIFICATE OF INCORPORATION TO (A) REMOVE THE SOLE MEMBER STRUCTURE; (B) REVISE THE ASSET DISTRIBUTION ARTICLE TO REMOVE ICI AS THE DESIGNATED DISTRIBUTION RECIPIENT; AND (3) REMOVE ICI AS THE SOLE MEMBER OF THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF TRUSTEES AND THE PRESIDENT & CEO REVIEW AND APPROVE THE FORM 990 PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, 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. FORM 990, PART VI, SECTION B, LINE 15 A SEPARATE BOARD APPOINTED COMPENSATION COMMITTEE DETERMINES THE SALARY OF THE OFFICERS OF INCHARGE INSTITUTE OF AMERICA ON AN ANNUAL BASIS. SALARY COMPARABILITY DATA AND PERFORMANCE IS REVIEWED FOR OFFICERS ANNUALLY. ON A REGULAR BASIS, AN INDEPENDENT COMPENSATION CONSULTANT MAY BE USED TO PERFORM A COMPENSATION SURVEY OR STUDY. KEY EMPLOYEES MAY RECEIVE INCREASES AND ARE ELIGIBLE FOR INCREASES BASED ON PERFORMANCE. PERIODICALLY, KEY EMPLOYEES' SALARIES ARE COMPARED TO MARKET DATA. THE LAST COMPENSATION REVIEW WAS CONDUCTED IN JANUARY - FEBRUARY 2014. 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: CONTRIBUTED NET ASSETS FROM AFFILIATE 1,000,000. 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 11B, II INCHARGE INSTITUTE OF AMERICA INC 1 BRIGHT HORIZONS FINANCIAL SERVICES INC 4630 S KIRKMAN ROAD SUITE 357 ORLANDO FL 32811 463794644 PROVIDES PERSONAL FINANCIAL PRODUCTS AND SERVICES DE INCHARGE INSTITUTE OF AMERICA INC C 1000000 1.00000 1 1 1 1 0 0 0 1 0 0 0 0 1 0 1 1 1 1 0 1 BRIGHT HORIZONS FINANCIAL SERVICES INC B 1000000 CASH INCHARGE EDUCATION FOUNDATION INC C 1000000 CASH INCHARGE DEBT SOLUTIONS N 468800 USAGE INCHARGE DEBT SOLUTIONS S 4221691 CASH INCHARGE DEBT SOLUTIONS L 2930510 USAGE INCHARGE DEBT SOLUTIONS Q 727947 CASH INCHARGE EDUCATION FOUNDATION INC S 126681 CASH