2014-11-10T16:55:36-06:00 2013-12-31 990 2013-01-01 541837741 MONEY MANAGEMENT INTERNATIONAL INC % JEAN LAW MONE 7133943329 14141 SOUTHWEST FREEWAY Suite STE1000 SUGAR LAND TX 774783794 IVAN L HAND JR PRESIDENT & CEO 7133943192 2014-11-10 2013 2015-11-30 17:44:51Z IVAN L HAND JR 14141 SOUTHWEST FRWY STE 1000 SUGAR LAND TX 77478 98051864 false X WWW.MONEYMANAGEMENT.ORG X 2002 TX MMI STRIVES TO BENEFIT THE COMMUNITY BY PROVIDING EXCEPTIONAL FINANCIAL EDUCATION AND COUNSELING PROGRAMS, INCLUDING CREDIT, HOUSING AND BANKRUPTCY COUNSELING. 6 5 1108 56 937798 -88385 17377739 16737187 64522802 52159323 2310847 1777500 641279 2956880 84852667 73630890 0 0 0 0 57433482 53548948 0 0 426473 25781548 23284671 83215030 76833619 1637637 -3202729 73184716 72154557 24895775 24757554 48288941 47397003 X WE IMPROVE LIVES THROUGH FINANCIAL EDUCATION. true false 624100 36475415 50572928 CREDIT COUNSELING AND DEBT MANAGEMENT. ("PROGRAM SERVICE #1") SEE SCHEDULE O FOR A DETAILED DESCRIPTION OF MMI'S CREDIT COUNSELING SERVICES. INCLUDED IN REVENUE FOR PROGRAM SERVICE #1 IS GRANT FUNDING OF $2,749,457 FROM CITIGROUP AND $1,204,388 FROM CAPITAL ONE TO SUPPORT MMI'S FINANCIAL EDUCATION EFFORTS. THIS GRANT REVENUE IS INCLUDED IN PART VIII, LINE 1F ("ALL OTHER CONTRIBUTIONS, GIFTS, GRANTS AND SIMILAR AMOUNTS NOT INCLUDED IN LINES 1A-1E"). 624100 18149487 15018411 HOUSING COUNSELING AND EDUCATION. ("PROGRAM SERVICE #2") SEE SCHEDULE O FOR A DETAILED DESCRIPTION OF MMI'S HOUSING SERVICES. INCLUDED IN REVENUE FOR PROGRAM SERVICE #2 IS GRANT FUNDING OF $10,860,841 FROM THE US GOVERNMENT TO SUPPORT MMI'S HOUSING COUNSELING ACTIVITIES. 624100 2543656 830015 BANKRUPTCY COUNSELING AND BANKRUPTCY EDUCATION. ("PROGRAM SERVICE #3") SEE SCHEDULE O FOR A DETAILED DESCRIPTION OF MMI'S BANKRUPTCY COUNSELING AND BANKRUPCY EDUCATION SERVICES. 2413571 372345 CONSUMER EDUCATION & COMMUNITY OUTREACH 1026183 937798 UNRELATED BUSINESS INCOME 385379 158232 REP PAYEE PROGRAM AND CRISS-CROSS HOTLINE 3825133 1468375 60993691 true true false true false false false false true false true false false true true false false true false false false false false false false false false false false true false false false false false false false true false false false false true true true true false false true 179 0 true 1108 true true true false false false false false false false false false false false false X 6 5 false false false false false false false true true false true true true true true true true true true true false AL AK AZ AR CA CO CT FL HI IL IN KS KY ME MD MA MI MN MS NH NJ NM NY ND OR PA TN WA WV WI JEAN LAW 7133943139 14141 SOUTHWEST FRWY STE 1000 SUGAR LAND TX 77478 X Frank DeGise Director 3.0 1.0 X 0 0 0 Douglas K Durnin Director 3.0 1.0 X 0 0 0 Lester E Dees Director 3.0 1.0 X 0 0 0 Dr William F Staats Director 3.0 1.0 X 0 0 0 Joseph P Warner Director 3.0 1.0 X 0 0 0 Ivan L Hand JR President & Director 42.0 3.0 X X 1659318 0 47660 David A Juengel Treasurer 42.0 3.0 X 269769 0 24568 Jean L Law Secretary 42.0 3.0 X 128773 0 12313 Anthony Scataglia Chief Operating Officer 40.0 0.0 X 334992 0 37832 Marianne D'Aquila Chief Talent Officer 40.0 0.0 X 235814 0 20048 John Fisher Chief Relationship Officer 40.0 0.0 X 253107 0 7508 Terry Blaney Senior Vice President 40.0 0.0 X 267015 0 18211 Kandee Jahns Senior Vice President 40.0 0.0 X 201533 0 18938 Joanne Kerstetter Vice President 40.0 0.0 X 172238 0 6490 Don McGee Vice President 40.0 0.0 X 155465 0 15098 Jim Triggs Senior Vice President 40.0 0.0 X 174890 0 12099 Charles Stanley Former SVP 0.0 0.0 X 163999 0 0 Mel Stiller Former SVP 0.0 0.0 X 192255 0 29709 4209168 0 250474 32 true true false VENABLE LLP PO BOX 62727 BALTIMORE MD 21264 LEGAL 341270 REMOTE DBA EXPERTS LLC 2000 ERICSSON DRIVE STE 102 WARRENDALE PA 15086 CONSULTING 292025 ADOBE SYSTEMS INCORPORATED 75 REMITTANCE DRIVE STE 1025 CHICAGO IL 60675 CONSULTING 148600 MELTON MELTON LLP 6002 ROGERDALE STE 200 HOUSTON TX 77072 AUDIT 113000 4 X 40375 266482 10860841 5569489 16737187 DEBT AND BUDGET COUNSELING 624100 46680242 46680242 HOUSING COUNSELING AND EDUCATION 624100 4157570 4157570 BANKRUPTCY COUNSELING AND EDUCATION 624100 830015 830015 EDUC. PROGRAMS & COMMUNITY OUTREACH 611710 333264 333264 REP PAYEE PRGM & CRISSCROSS HOTLINE 624100 158232 158232 52159323 557785 557785 0 0 20110 20110 0 20110 20110 24935590 705099 24035145 385829 900445 319270 1219715 1219715 0 0 0 UNRELATED BUSINESS INCOME 561499 937798 937798 EDUCATIONAL BOOK SALES 611710 39081 39081 LAWSUIT SETTLEMENTS 1959891 1959891 2936770 73630890 52198404 937798 3757501 X 0 0 0 0 2881771 0 2881771 0 0 42136927 37198376 4601888 336663 643574 599598 42150 1826 4329926 3454630 856486 18810 3556750 3182610 361712 12428 0 214563 214563 166068 166068 75387 75387 0 116540 116540 1166043 194566 964344 7133 3229195 3229195 3735636 3129024 605515 1097 1580176 351122 1229054 0 5880309 4780941 1079201 20167 1135099 625230 489827 20042 0 114783 58939 53744 2100 7644 7644 492300 492300 3542131 2824599 716310 1222 341343 48611 292732 DUES & ASSOCIATION FEES 487782 360358 125485 1939 LICENSES & TAXES 300459 75218 225241 TRAINING COSTS 196018 117885 77838 295 PRINTING & PUBLICATIONS 117217 114466 2751 385978 156023 229955 76833619 60993691 15413455 426473 X 3310396 2125691 50000 121658 179078 148603 4857706 3501113 0 0 0 0 0 0 314287 217445 1410961 1243178 44435055 30324871 15768832 14110184 21904221 24963303 0 0 0 0 0 0 25389235 25723382 73184716 72154557 6146713 6356709 0 0 0 0 0 0 15725476 15920005 0 0 0 0 0 0 3023586 2480840 24895775 24757554 X 47667966 46891830 620975 505173 0 0 48288941 47397003 73184716 72154557 -3202729 2310791 X X false true X true true true X false false false 24400440 26069696 25105055 17377739 16737187 109690117 78723458 79494530 72234810 64569926 52198404 347221128 0 0 0 103123898 105564226 97339865 81947665 68935591 456911245 23230340 28997076 22552604 16261839 14059511 105101370 9162585 5802185 4064363 3928066 2848168 25805367 32392925 34799261 26616967 20189905 16907679 130906737 326004508 891321 1300856 648007 690291 577895 4108370 1004233 979606 717957 561485 937798 4201079 1895554 2280462 1365964 1251776 1515693 8309449 0 1959891 1959891 105019452 107844688 98705829 83199441 72411175 467180585 0.69781 0.70869 0.01779 0.01794 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 75387 75387 75387 75387 75732049 76425148 75807436 76500535 1000000 1000000 250000 250000 false 1000000 1000000 1000000 1000000 4000000 6000000 10690 68963 82413 75387 237453 250000 250000 250000 250000 1000000 1500000 false true X 267499 267499 2159691 1244141 915550 2227143 1230193 996949 13531591 11531275 2000316 26249132 16319262 9929870 14110184 CASH HELD FOR CUSTOMERS 15920005 DEPOSITS 544250 RESTRICTED INVESTMENTS 242471 CURRENT VALUE OF INSURANCE 6928854 INVEST. IN DISREGARDED ENTITY 2087802 25723382 0 ACCRUED LEASE EXPENSE 2184327 DEFERRED COMPENSATION 296513 2480840 X SCHEDULE D, PART IV - TRUST, ESCROW AND CUSTODIAL ARRANGEMENTS SCHEDULE D, PART X, LINE 2 As an organization described in Code Section 501(c)(3), Money Management International, Inc. (MMI) is exempt from federal income taxes on its related income pursuant to Code Section 501(a). MMI had no taxable unrelated business income. Accordingly, no provision for income taxes has been recorded. Management has evaluated the company's tax positions and concluded that MMI has taken no uncertain tax positions that require adjustment to the consolidated financial statements. X X X X true true false false false false false false false Ivan L Hand JR President & Director 646131 0 660000 0 353187 0 30650 0 17010 0 1706978 0 275000 0 David A Juengel Treasurer 228376 0 30000 0 11393 0 7650 0 16918 0 294337 0 0 0 Anthony Scataglia Chief Operating Officer 249577 0 65000 0 20415 0 7110 0 30722 0 372824 0 0 0 Charles Stanley Former SVP 0 0 0 0 163999 0 0 0 0 0 163999 0 0 0 Terry Blaney Senior Vice President 215538 0 25000 0 26477 0 7650 0 10561 0 285226 0 0 0 Marianne D'Aquila Chief Talent Officer 198592 0 30000 0 7222 0 7350 0 12698 0 255862 0 0 0 Kandee Jahns Senior Vice President 170780 0 22000 0 8753 0 6301 0 12637 0 220471 0 0 0 Mel Stiller Former SVP 156077 0 3625 0 32553 0 22801 0 6908 0 221964 0 0 0 Joanne Kerstetter Vice President 168566 0 0 0 3672 0 5182 0 1308 0 178728 0 0 0 Don McGee Vice President 148938 0 6000 0 527 0 4900 0 10198 0 170563 0 0 0 Jim Triggs Senior Vice President 149417 0 25000 0 473 0 1823 0 10276 0 186989 0 0 0 John Fisher Chief Relationship Officer 222492 0 25000 0 5615 0 0 0 7508 0 260615 0 0 0 SCH. J - PART II, LINE 1(i) IN CONNECTION WITH MR. HAND APPROACHING RETIREMENT AGE, COLUMN B(II) REPRESENTS A BONUS AWARDED IN RECOGNITION OF OUTSTANDING SERVICES RENDERED BASED UPON A COMPENSATION SURVEY ANALYSIS PREPARED BY AN INDEPENDENT CONSULTANT RETAINED BY THE COMPENSATION COMMITTEE, AND $275,000 OF THE OTHER REPORTABLE COMPENSATION FOR IVAN L. HAND, JR. LISTED IN COLUMN B(III), WAS EARNED IN AN EARLIER YEAR AND PREVIOUSLY REPORTED ON A PRIOR FORM 990 AS INDICATED IN COLUMN F BUT, IN ACCORDANCE WITH IRS REPORTING GUIDELINES, IS BEING REPORTED A SECOND TIME ON THIS YEAR'S FORM 990 UPON VESTING AND PAYMENT. SCH. J - PART I, LINE 4a DURING 2013, SEVERANCE PAYMENTS OF $21,732 AND $164,000 WERE MADE TO MEL STILLER AND CHARLES STANLEY RESPECTIVELY. SCH. J - PART I, LINE 4b During 2001 and 2002, MMI established split-dollar life insurance arrangements for certain key executives utilizing those policies as set forth in the following table. Pursuant to collateral assignments of each policy, upon termination of an arrangement, MMI is entitled to receive all of its premiums paid on a policy to the extent there is sufficient cash surrender value. However, such right may be waived upon satisfaction of certain requirements. Similarly, while the arrangement is in effect, MMI is entitled to receive all of its insurance premiums paid on a policy before any insurance proceeds are payable to an executive's beneficiaries under such policy. Each year, in accordance with IRS Notice 2002-8 (which governs split-dollar arrangements entered into prior to September 18, 2003), MMI reports the value of the life insurance protection provided to an executive under the split-dollar arrangements as taxable compensation on each participating executive's Form W-2. The aggregate premiums paid and corresponding cash surrender value of the respective split-dollar policies subject to repayment to MMI as of December 31, 2013, is $6,928,854 and is included in "Other Assets" on MMI's Balance Sheet. See Form 990, Part X, Line 15; and Schedule D (Form 990), Supplemental Financial Statements, Part IX, Line (b)(4). Cumulative Premiums Repayable from Covered Cash Surrender Value Executive: Policy Dates as of 12/31/13 -------------------------------------------------------- IVAN HAND 03/27/01 $661,494. 12/01/01 $3,207,365. 08/31/02 $1,200,000. ------------ $5,068,859. KANDEE JAHNS 03/27/01 $260,000. 08/31/02 $360,000. ------------ $620,000. DAVID JUENGEL 03/27/01 $260,000. 08/31/02 $360,000. ------------ $620,000. TONY SCATAGLIA 03/27/01 $259,995. 08/31/02 $360,000. ------------ $619,995. ------------ TOTALS $6,928,854. ============ CCCS OF SOUTHERN NEW ENGLAND INC SHARES OFFICERS AND DIR. 492300 PAYMENTS TO SNE BY MMI false FORM 990, PART IV, LINE 28C LINE 28C OF FORM 990, PART IV WAS MARKED "YES" BECAUSE MMI ENGAGED IN TRANSACTIONS WITH CCCS OF SOUTHERN NEW ENGLAND, INC. (SNE), AN ORGANIZATION WHICH SHARES OFFICERS AND DIRECTORS WITH MMI. SNE IS RECOGNIZED AS A PUBLIC CHARITY DESCRIBED IN IRC SECTIONS 501(C)(3) AND 509(A)(2). NO OFFICER OR DIRECTOR OF MMI RECEIVES ANY REMUNERATION FROM SNE, EITHER DIRECTLY OR INDIRECTLY. Form 990, Part III, Line 4a PROGRAM SERVICE #1 MONEY MANAGEMENT INTERNATIONAL, INC. (MMI) PROVIDES PERSONAL FINANCIAL COUNSELING AND EDUCATION FOR INDIVIDUALS NEEDING ASSISTANCE WITH BUDGETING AND MONEY MANAGEMENT. THE CONSUMERS WHO CONTACT MMI DO SO OUT OF A NEED FOR FINANCIAL GUIDANCE FROM A CERTIFIED CREDIT COUNSELOR. AMONG CONSUMERS COUNSELED BY MMI IN 2013, 73,691 RECEIVED FREE DEBT AND BUDGET COUNSELING SESSIONS. DURING A DEBT AND BUDGET COUNSELING SESSION, A CERTIFIED CREDIT COUNSELOR WILL HELP THE CONSUMER ASSESS THEIR FINANCIAL SITUATION, DEVELOP A SPENDING PLAN, SET FINANCIAL GOALS AND CREATE AN ACTION PLAN. COUNSELING SESSIONS ARE CONDUCTED BY TELEPHONE, THROUGH THE INTERNET OR IN-PERSON IN ONE OF 66 LOCATIONS THROUGHOUT THE COUNTRY (WHICH INCLUDES DONATED OFFICE SPACE VALUED AT $35,000). SOME CONSUMERS SEEKING DEBT AND BUDGET COUNSELING RECEIVED BOTH FINANCIAL GUIDANCE AND WERE ENROLLED IN AN MMI DEBT MANAGEMENT PLAN ("DMP") FOR SYSTEMATIC REPAYMENT OF CERTAIN DEBTS. TEAMS OF CERTIFIED SUPPORT COUNSELORS LOCATED IN SUGAR LAND, TX AND BATON ROUGE, LA PROVIDE ADMINISTRATION AND SUPPORT FOR MMI'S DMP CLIENTS. THE SUPPORT COUNSELORS PROVIDE ON-GOING FINANCIAL COUNSELING AND EDUCATION TO CLIENTS FROM THE START OF THEIR PLAN THROUGH COMPLETION. IN 2013, THE SUPPORT TEAMS HANDLED OVER 355,800 IN-BOUND CALLS FROM CLIENTS AND CREDITORS. CONTINUOUS IMPROVEMENT AND CONSISTENT SERVICE QUALITY ARE IMPORTANT TRAITS OF MMI EMPLOYEES. AS AN ACKNOWLEDGEMENT OF OUR QUALITY SERVICE AND COMMITMENT TO CONTINUOUS IMPROVEMENT, MMI HAS BEEN GRANTED ACCREDITATION FROM THE COUNCIL ON ACCREDITATION ("COA"). OUR TEAMS OF ANALYSTS CONDUCT EXTENSIVE AUDITS ON ALL STAFF PROVIDING COUNSELING AND SUPPORT SERVICES. OUR DEDICATION TO QUALITY EXTENDS FROM CORPORATE PRACTICES TO EMPLOYEE TRAINING. WE BELIEVE THAT IT IS CRITICAL FOR OUR EMPLOYEES TO UNDERSTAND THE TRUE IMPORTANCE OF QUALITY AS IT RELATES TO EVERY CONTACT WITH EVERY CONSUMER; THEREFORE, IT IS CORPORATE POLICY THAT EVERY DEBT COUNSELOR AND SUPPORT COUNSELOR RECEIVES IN-DEPTH TRAINING PRIOR TO COUNSELING A CONSUMER. IN ADDITION, ALL COUNSELORS ARE REQUIRED TO BE INDEPENDENTLY CERTIFIED THROUGH THE NATIONAL FOUNDATION FOR CREDIT COUNSELING'S COUNSELOR CERTIFICATION PROGRAM. Form 990, Part III, Line 4b PROGRAM SERVICE #2 MONEY MANAGEMENT INTERNATIONAL, INC. (MMI) PROVIDES THREE HOUSING COUNSELING SERVICES AIMED AT SAVING HOMES AND BUILDING COMMUNITIES. THESE SERVICES INCLUDE: 1. FORECLOSURE PREVENTION COUNSELING. THIS PROGRAM IS DESIGNED TO ASSIST THOSE WHO HAVE FALLEN BEHIND ON THEIR MORTGAGE PAYMENTS. MMI WORKS TOGETHER WITH THE CONSUMER AND THEIR MORTGAGE COMPANY TO HELP THE CONSUMER KEEP THEIR HOME AND AVOID THE COST AND DAMAGE TO THEIR CREDIT RATING ASSOCIATED WITH FORECLOSURE. 2. REVERSE MORTGAGE COUNSELING EDUCATES SENIORS ON THE BENEFITS, CONSEQUENCES, OPTIONS, AND PROCESS OF OBTAINING A HOME EQUITY CONVERSION MORTGAGE. 3. MMI ASSISTS POTENTIAL HOME BUYERS BY EDUCATING THEM ON THE COSTS AND RESPONSIBILITIES OF HOME OWNERSHIP. MMI COUNSELED APPROXIMATELY 89,000 CONSUMERS ON HOUSING-RELATED ISSUES IN 2013. THESE COUNSELING SESSIONS WERE CONDUCTED BY PHONE BY HOUSING COUNSELORS IN CONTACT CENTERS LOCATED IN PHOENIX, AZ; SUGAR LAND, TX; AND SOUTH PORTLAND, ME AS WELL AS IN PERSON IN LOCAL BRANCH OFFICES THROUGHOUT THE UNITED STATES. THE FUNDING FOR HOUSING COUNSELING IS PROVIDED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (INCLUDING THE EMERGENCY HOMEOWNERS' LOAN PROGRAM - EHLP), THE NATIONAL FORECLOSURE MITIGATION COUNSELING PROGRAM (NEIGHBORWORKS), THE HOMEOWNERSHIP PRESERVATION FOUNDATION (HPF), AND THE U.S. TREASURY DEPARTMENT'S MAKING HOME AFFORDABLE PROGRAM (MHA). Form 990, Part III, Line 4c PROGRAM SERVICE #3 IN SEPTEMBER 2005, MONEY MANAGEMENT INTERNATIONAL, INC. (MMI) WAS APPROVED BY THE EXECUTIVE OFFICE FOR UNITED STATES TRUSTEES (EOUST) TO PROVIDE PRE-FILING BANKRUPTCY COUNSELING AND TO ISSUE COUNSELING CERTIFICATES IN COMPLIANCE WITH THE BANKRUPTCY CODE. PRE-FILING COUNSELING IS AVAILABLE BY A VARIETY OF DELIVERY METHODS. INDIVIDUALS CAN COMPLETE A PRE-FILING COUNSELING SESSION BY TELEPHONE OR INTERNET. IN 2013, MMI PROVIDED 18,848 PRE-FILING BANKRUPTCY COUNSELING SESSIONS. MMI IS ALSO APPROVED BY THE EOUST TO DELIVER PRE-DISCHARGE BANKRUPTCY EDUCATION SERVICES. IN 2013, MORE THAN 13,600 DEBTORS PARTICIPATED IN ONE OF OUR BANKRUPTCY PRE-DISCHARGE EDUCATION PROGRAMS. TELEPHONE AND ONLINE PROGRAMS ARE SCHEDULED AT VARIOUS TIMES, INCLUDING EVENINGS AND WEEKENDS, TO PROVIDE CONVENIENT ACCESS FOR ALL PARTICIPANTS. UPON COMPLETION OF THE PROGRAM, A CERTIFICATE OF PARTICIPATION IS ISSUED ALLOWING THE INDIVIDUAL TO PROCEED WITH THE BANKRUPTCY DISCHARGE PROCESS. Form 990, Part III, Line 4d PROGRAM SERVICE #4 COMMUNITY OUTREACH AND FINANCIAL EDUCATION ARE INTEGRAL PARTS OF ALL CHARITABLE ACTIVITIES PERFORMED BY MONEY MANAGEMENT INTERNATIONAL, INC. (MMI). MMI'S COMMITMENT TO PROMOTE LOCAL COMMUNITY-BASED FINANCIAL EDUCATION IS PERHAPS BEST REFLECTED BY ITS PRESENCE IN LOCAL MARKETS. MMI EDUCATORS FOCUS SPECIFICALLY ON EDUCATING THE PUBLIC ON SOUND PERSONAL FINANCIAL SKILLS AND MONEY MANAGEMENT PRINCIPLES BY DEVELOPING, DELIVERING, AND SUPPORTING PROGRAMS THAT TEACH THOSE SKILLS AND PRINCIPLES. MMI'S EDUCATION DEPARTMENT MAINTAINS OFFICES LOCATED IN STATES WHERE MMI PROVIDES IN-PERSON COUNSELING. THE DEPARTMENT PRESENTS AT NO OR VERY LOW COST INFORMATIVE FINANCIAL EDUCATION SEMINARS AND WORKSHOPS TO THE GENERAL PUBLIC THROUGH SCHOOLS, COMMUNITY ORGANIZATIONS, FINANCIAL INSTITUTIONS, SOCIAL SERVICE AGENCIES AND EMPLOYERS. DURING 2013, EDUCATION SPECIALISTS ALONG WITH THE AGENCY'S TRAINED VOLUNTEERS, PROVIDED 4,285 HOURS OF FINANCIAL LITERACY EDUCATION THROUGH WORKSHOPS, AND OUTREACH EVENTS TO 67,000 PARTICIPANTS. MMI DEVELOPED THE CERTIFIED MONEY MANAGEMENT VOLUNTEER ("CMMV") PROGRAM TO REACH MORE CONSUMERS WITH FINANCIAL EDUCATION PROGRAMS. THROUGH THIS PROGRAM, MMI RECRUITS AND TRAINS VOLUNTEERS FROM LOCAL BUSINESSES AND COMMUNITY SERVICE ORGANIZATIONS TO TEACH THE IMPORTANCE OF FINANCIAL RESPONSIBILITY. THIS PROGRAM HAS ALLOWED MMI TO INCREASE COMMUNITY OUTREACH AND FURTHER DEMONSTRATE ITS COMMITMENT TO IMPROVING THE QUALITY OF LIFE IN THE AREAS IN WHICH MMI OPERATES. THE CMMV CURRICULUM INCLUDES FINANCIALS SKILLS-BUILDING, BUDGETING, ESTABLISHING CREDIT, BUYING DECISIONS, AND PLANNING FOR THE FUTURE. THESE DONATED SERVICES ARE VALUED AT $22,400. BILINGUAL CERTIFIED COUNSELORS AND VOLUNTEERS ARE ALSO AVAILABLE TO PRESENT PROGRAMS TO SPANISH-SPEAKING AUDIENCES. MMI'S STAFF OF HIGHLY TRAINED EDUCATIONAL PROFESSIONALS OFFERS SEMINARS THAT COVER A WIDE RANGE OF TOPICS. THE TYPES OF PROGRAMS OFFERED INCLUDE "UNDERSTANDING MONEY AND CREDIT"; "AVOIDING IDENTITY THEFT"; "AVOIDING SCAMS AND FRAUD"; "FIRST-TIME HOMEBUYER PROGRAMS"; "WHEN INCOME DECREASES, BUT THE BILLS DON'T"; "PLANNING FOR THE HOLIDAYS"; "HOMEWARD PATH"; AND "TEACHING CHILDREN ABOUT MONEY". THE EIGHT-PART "JOURNEY TO FINANCIAL SECURITY SERIES" INCLUDES INFORMATION ABOUT SETTING GOALS AND PRIORITIES, MANAGING INCOME AND EXPENSES, MANAGING IMPORTANT PAPERS, UNDERSTANDING CREDIT REPORTS AND CREDIT SCORES, USING CREDIT WISELY, KEEPING DEBT UNDER CONTROL, BUILDING SAVINGS AND CREATING WEALTH. PROGRAMS ARE OFFERED FOR YOUNG STUDENTS FROM KINDERGARTEN TO MIDDLE SCHOOL WHICH HELP THEM TO DISTINGUISH BETWEEN WANTS AND NEEDS, MAKE WISE BUDGETING AND SPENDING CHOICES, APPRECIATE THE IMPORTANCE OF SAVING, AND UNDERSTAND HOW ADVERTISING INFLUENCES SPENDING CHOICES. THE TYPES OF PROGRAMS IN THIS SERIES INCLUDE "BROWNIE WANTS A NEW BIKE"; "THE MONEY BUNNIES TAKE A VACATION"; AND "MY MONEY 101". OLDER STUDENTS CAN TAKE PART IN PROGRAMS SUCH AS "CREDIT REPORTS AND CREDIT SCORES"; "MANAGING INCOME AND EXPENSES"; "LIVING ON YOUR OWN: A GUIDE FOR YOUNG ADULTS"; AND "REAL MONEY 101". A NEW PROGRAM BEING OFFERED IS CALLED "BEGINNING MY FINANCIAL JOURNEY". THIS PROGRAM WAS DEVELOPED SPECIFICALLY FOR LOW INCOME INDIVIDUALS. PROGRAM COMPONENTS INCLUDE: "BASIC BANKING"; "OBTAINING AND MANAGING CREDIT"; "PRIORITIES, SETTING GOALS, INCOME AND EXPENSEES"; AND "CREDIT REPORTS AND SCORES". CUSTOMIZED PROGRAMS ARE ALSO AVAILABLE. CLASS PARTICIPANTS ARE GIVEN A VARIETY OF MATERIALS, INCLUDING WORKBOOKS AND HANDOUTS TO SUPPLEMENT THE VISUAL AIDS. ALL CONSUMERS WITH ACCESS TO THE WORLD WIDE WEB CAN TAKE PART IN EDUCATION ONLINE FROM THE COMFORT OF THEIR HOME OR OFFICE THROUGH MMI'S WEB SITE AT WWW.MONEYMANAGEMENT.ORG. ONLINE WEB SEMINAR PROGRAMS ARE AVAILABLE TO MMI CLIENTS AND THE GENERAL PUBLIC. THESE SEMINARS CONSIST OF A POWERPOINT PRESENTATION THAT IS FACILITATED LIVE BY AN EDUCATOR. PARTICIPANTS SIGN IN USING A WEB LINK AND A SPECIFIC TELEPHONE NUMBER. THEY CAN THEN HEAR AND TALK WITH THE EDUCATOR AS WELL AS FOLLOW THE POWERPOINT SLIDES ON THEIR COMPUTER SCREEN. THE WEB SEMINARS ARE FULLY INTERACTIVE; THERE ARE A NUMBER OF ACTIVITIES TO KEEP PARTICIPANTS INVOLVED AND REINFORCE WHAT THEY ARE LEARNING. THESE PROGRAMS ARE SCHEDULED AT TIMES CONVENIENT FOR CONSUMERS, AND REGISTRATION IS REQUIRED. THE REGISTRATION SCHEDULE AND LINK TO THE PROGRAMS IS ON THE HOME PAGE OF OUR WEB SITE. NEW CLASSES ARE ADDED REGULARLY, AND CURRENT CLASSES INCLUDE: "BUDGETING - MAKING YOUR MONEY COUNT"; "YOUR CREDIT REPORT AND CREDIT SCORE"; "PUT YOUR DEBT ON A DIET"; "HOMEOWNER OPTIONS"; "OPERATING ON A SHOESTRING"; "LET'S TALK - COUPLES AND MONEY"; AND "PLANNING FOR THE HOLIDAYS". IN ADDITION TO THE IN-PERSON WORKSHOPS AND EDUCATION PROGRAMS VIA THE WEB, THE PUBLIC AND CLIENTS OF MMI CAN ACCESS EDUCATIONAL RESOURCES ON MMI'S WEB SITE PAGES WHICH INCLUDE TEACHER RESOURCES, LESSON PLANS, VIDEOS, FINANCIAL TOOLS, ONLINE ARTICLES, AND A "Q&A" SECTION SPECIFICALLY DESIGNED TO ANSWER FINANCE-RELATED QUESTIONS. ALL OF THESE SERVICES ARE PROVIDED TO THE PUBLIC FREE OF CHARGE. MANY OF OUR AT-RISK VISITORS WILL SEEK GUIDANCE, DOWNLOAD MATERIALS, SIGN UP FOR MMI'S FREE WEEKLY EDUCATION NEWSLETTERS, AND/OR SUBMIT QUESTIONS TO THE MMI "ADVICE TEAM". GIVING BACK TO LOCAL COMMUNITIES THROUGH EDUCATIONAL OPPORTUNITIES IS ALSO IMPORTANT TO MMI'S EMPLOYEES. MANY EMPLOYEES TAKE MMI'S MESSAGE WITH THEM TO THEIR CHURCHES AND SYNAGOGUES, CLUBS, AND TRADE ORGANIZATIONS. THEY ARE ENCOURAGED TO SPREAD THE WORD OF WISE USE OF CREDIT AND MONEY MANAGEMENT BY OFFERING FREE LITERATURE AND WORKBOOKS TO THEIR AUDIENCES. Form 990, Part III, Line 4d PROGRAM SERVICE #5 ON DECEMBER 31, 2005, CONSUMER CREDIT COUNSELING SERVICES OF GREATER DENVER, INC. MERGED WITH AND INTO MONEY MANAGEMENT INTERNATIONAL, INC. (MMI). THE DENVER OPERATION, THROUGH ITS PARAGON FINANCIAL SYSTEMS DIVISION, PROVIDES TECHNICAL ASSISTANCE, SOFTWARE, FULFILLMENT, AND BACK OFFICE SUPPORT FOR THE COUNSELING OPERATIONS OF OTHER NONPROFIT CREDIT COUNSELING AND DEBT MANAGEMENT AGENCIES. PRIOR TO ITS MERGER WITH MMI, CCCS OF GREATER DENVER WAS AN ORGANIZATION RECOGNIZED BY THE IRS AS A PUBLIC CHARITY DESCRIBED IN IRC SECTIONS 501(C)(3) AND 509(A)(2). FORM 990, PART VI - POLICIES - SEC. B, LINE 11 THE BOARD OF DIRECTORS FOR MONEY MANAGEMENT INTERNATIONAL, INC. (MMI) HAS ESTABLISHED AN AUDIT COMMITTEE WHICH REVIEWS ALL AUDITED FINANCIAL STATEMENTS AND FEDERAL TAX RETURNS. MMI'S 2012 FORM 990 AND RELATED SCHEDULES WERE MADE AVAILABLE TO THE FULL BOARD FOR THEIR REVIEW PRIOR TO FILING THE RETURN. FORM 990, PART VI - POLICIES - SEC. B, LINE 12 ALL DIRECTORS, OFFICERS AND KEY EMPLOYEES ("EXECUTIVES") OF MONEY MANAGEMENT INTERNATIONAL, INC. (MMI)ARE BOUND BY A CONFLICT OF INTEREST POLICY WHEREBY THEY MUST COMPLETE AND SUBMIT ON AN ANNUAL BASIS A CONFLICTS OF INTEREST QUESTIONNAIRE AND DISCLOSURE FORM DETAILING "ANY OTHER INTERESTS". THE EXECUTIVE MUST UPDATE THE DISCLOSURE FORM IF ANY MATERIAL CHANGES OR ADDITIONS TO THE SUBMITTED INFORMATION ARISE DURING THE COURSE OF THE YEAR. ON THE DISCLOSURE FORM, THE EXECUTIVE MUST LIST THE FOLLOWING: 1) ALL FINANCIAL TRANSACTIONS WITH THE ORGANIZATION. 2) WHETHER THE EXECUTIVE OR ANY FAMILY MEMBER OF THE EXECUTIVE HAS AN EXISTING OR POTENTIAL INTEREST IN, OR COMPENSATION ARRANGEMENT WITH, ANY THIRD PARTY PROVIDING GOODS OR SERVICES TO THE ORGANIZATION. 3) WHETHER THE EXECUTIVE OR ANY FAMILY MEMBER OF THE EXECUTIVE HAS AN EXISTING OR POTENTIAL INTEREST IN, OR COMPENSATION ARRANGEMENT WITH, ANY THIRD PARTY WITH WHICH THE ORGANIZATION IS CURRENTLY NEGOTIATING A TRANSACTION OR ARRANGEMENT. 4) ANY OTHER NONPROFIT OR FOR-PROFIT ORGANIZATIONS WITH POTENTIALLY CONFLICTING INTERESTS IN WHICH THE EXECUTIVE OR ANY FAMILY MEMBER OF THE EXECUTIVE IS ACTIVELY INVOLVED, HAS A SIGNIFICANT INVESTMENT, OR OWNS AT LEAST A 1% INTEREST. 5) ALL PAID OR UNPAID POSITIONS OR RELATIONSHIPS WITH NONPROFIT OR FOR-PROFIT THIRD PARTY ORGANIZATIONS THAT COMPETE WITH THE ORGANIZATION, OR TAKE PUBLIC POSITIONS CONTRARY TO THOSE OF THE ORGANIZATION. 6) ANY OTHER INTEREST THAT MAY ARISE FROM A TRANSACTION BETWEEN THE ORGANIZATION AND A THIRD PARTY, OR AN EXECUTIVE'S VOLUNTEER OR PAID RELATIONSHIP WITH A THIRD PARTY, WHICH MAY COMPROMISE THE EXECUTIVE'S ABILITY TO PROVIDE UNBIASED AND UNDIVIDED LOYALTY TO THE ORGANIZATION. FORM 990, PART VI - POLICIES - SEC. B, LINE 15 MONEY MANAGEMENT INTERNATIONAL, INC. (MMI) HAS DEVELOPED AND IMPLEMENTED A COMPENSATION POLICY THAT ADHERES TO THE STANDARDS PROVIDED IN TREASURY REGULATIONS SECTION 53.4958-6. MMI'S COMPENSATION POLICY REQUIRES THE FOLLOWING: 1) PRIOR TO PAYMENT, THE AMOUNT OF COMPENSATION PROVIDED TO OFFICERS AND KEY EMPLOYEES MUST BE REVIEWED AND APPROVED BY INDEPENDENT PERSONS (THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS) ACTING ON BEHALF OF THE MMI BOARD OF DIRECTORS; 2) THE COMPENSATION COMMITTEE OBTAINS AND RELIES UPON COMPARABILITY DATA AND VALUATION STUDIES PREPARED FOR MMI BY INDEPENDENT EXECUTIVE COMPENSATION EXPERTS IN ITS REVIEW AND APPROVAL OF OFFICER AND KEY EMPLOYEE COMPENSATION; AND 3) WHEN APPROVING AN AMOUNT OF COMPENSATION FOR OFFICERS AND KEY EMPLOYEES, THE COMPENSATION COMMITTEE CONTEMPORANEOUSLY DOCUMENTS ITS DELIBERATIONS AND DECISIONS IN WRITING. FORM 990, PART VI - DISCLOSURE - SECTION C, LINE 19 MONEY MANAGEMENT INTERNATIONAL, INC. (MMI) COMPLIES WITH THE PUBLIC INSPECTION REQUIREMENTS OF INTERNAL REVENUE CODE SECTION 6104 BY MAKING AVAILABLE TO THE PUBLIC ITS FORM 1023, APPLICATION FOR RECOGNITION OF EXEMPTION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, 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 SECTION 6104 DOES NOT REQUIRE ORGANIZATIONS EXEMPT UNDER SECTION 501(C)(3) TO DISCLOSE THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, OR FINANCIAL STATEMENTS, MMI HAS CHOSEN TO MAKE SUCH INFORMATION AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART XII - FINANCIAL STATEMENTS AND REPORTING - LINE 3B MMI'S BOARD OF DIRECTORS HAS ESTABLISHED AN AUDIT COMMITTEE WHICH REVIEWS ALL AUDITED FINANCIAL STATEMENTS, THE SELECTION OF OUTSIDE AUDITORS, AND THE PROCESS BY WHICH THE ORGANIZATION IS AUDITED. BECAUSE MMI RECEIVES GRANT FUNDING FROM THE U.S. FEDERAL GOVERNMENT, IN ADDITION TO THE REGULAR AUDIT OF FINANCIAL STATEMENTS PREPARED IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP), A SINGLE PURPOSE AUDIT IS PERFORMED AS REQUIRED BY THE SINGLE AUDIT ACT AND OMB CIRCULAR A-133. THIS AUDIT DISCLOSES AUDITOR OPINIONS REGARDING MMI'S COMPLIANCE WITH THE SINGLE AUDIT ACT AND OMB CIRCULAR A-133. Form 990, Part III, Line 2 and Line 4d - New Program Program Service #6 Through MMI's merger with CRISS-CROSS of West Virginia, MMI began providing organizational representative payee services. A representative payee is an individual or organization appointed by the Social Security Administration, Veterans Affairs, or pension boards to receive the monthly income benefit for someone who cannot manage or direct someone else to manage his or her money. The need for a representative payee may also be recognized and acted upon by social workers, behavioral case managers, and other care givers. The organizational representative payee receives the individual's monthly benefits and is responsible for paying their monthly expenses and providing the individual with spending money based upon their needs. As an organizational representative payee, we are responsible for tracking and recording all expenditures and providing timely and accurate monthly expense reports. We must establish an interest-bearing account on behalf of participating beneficiaries and make funds available for future needs. We must produce and manage all reporting as required by the benefits program. Through the Criss-Cross representative payee division, we currently provide payee services to over 700 individuals residing in 14 states. Form 990, Part III, Line 2 and Line 4d - New Program Program Service #7 With the merger between Criss-Cross of West Virgina and MMI, which was executed on October 11, 2013, MMI agreed to maintain grant obligations to the West Virginia Department of Health and Human Resources (DHHR) for providing a statewide toll-free hotline for Child Protective Services (CPS) and Adult Protective Services (APS) for the remainder of the grant period which was through June 30, 2014. The Criss-Cross hotline is available to residents of West Virginia, twenty-four hours a day, seven days a week. Access to the service is through a toll free telephone number assuring that West Virginia's DHHR has a system in place which provides for incidents of family violence and suspected abuse and neglect of children and incapacitated adults to be reported every day of the year. Calls received through the hotline are thoroughly documented and routed to the appropriate resource for further follow-up and investigation. On average, this hotline receives over 3,000 calls per month. MMI HOUSING LLC 14141 SOUTHWEST FREEWAY STE 1000 SUGAR LAND TX 77478 460985114 REAL ESTATE DE 2250000 MMI INC MMI - SEMINOLE RIDGE INVESTMENT LLC 14141 SOUTHWEST FREEWAY STE 1000 SUGAR LAND TX 77478 460984731 REAL ESTATE DE -169149 2087802 MMI INC CCCS OF SOUTHERN NEW ENGLAND INC 14141 SOUTHWEST FRWY STE1000 SUGAR LAND TX 77478 237230816 CREDIT COUNS. MA 501(C)(3) 9 MMIINC true MMI FINANCIAL EDUCATION FOUNDATION 14141 SOUTHWEST FRWY STE1000 SUGAR LAND TX 77478 760691702 FIN. EDUC. TX 501(C)(3) 11,TYPE I MMIINC true REVERSE MORTGAGE COUNSELING ASSOCIATION 14141 SOUTHWEST FRWY STE1000 SUGAR LAND TX 77478 262387390 COUNS. SUPPORT DC NA C 0 0 false false false false false false false false false false false false false false false true false false false CCCS OF SOUTHERN NEW ENGLAND INC P 492300 FMV CCCS OF SOUTHERN NEW ENGLAND, INC. 14141 SOUTHWEST FRWY, STE. 1000 SUGAR LAND, TX 77478 EIN: 23-7230816 LOBBYING EXPENSE: NONE MMI FINANCIAL EDUCATION FOUNDATION 14141 SOUTHWEST FRWY, STE. 1000 SUGAR LAND, TX 77478 EID: 76-0691702 LOBBYING EXPENSE: NONE