MONEY MANAGEMENT INTERNATIONAL INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- MONEY MANAGEMENT INTERNATIONAL INC (EIN 54-1837741)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-11-11
- IRS object ID
- 201143159349303494
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule J
- Schedule L
- Schedule O
- Schedule R
- Affiliated Group Attachment
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-11-11T16:55:53-05:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 541837741 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Money Management International Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MONE | NameControl |
| Phone | 7133943329 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14141 Southwest Freeway | AddressLine1 |
| City | Sugar Land | City |
| State | TX | State |
| ZIP Code | 774783494 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DAVID A JUENGEL | Name |
| Title | TREASURER | Title |
| Phone | 7133943329 | Phone |
| Date Signed | 2011-11-11 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | IVAN HAND | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14141 SOUTHWEST FRWY STE 1000 | AddressLine1 |
| City | SUGAR LAND | City |
| State | TX | State |
| ZIP Code | 77478 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 155400081 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.moneymanagement.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2002 | YearFormation |
| State Legal Domicile | TX | StateLegalDomicile |
| Activity Or Mission Description | MMI Strives to benefit the community by providing exceptional financial education and counseling programs, including credit counseling, housing counseling and bankruptcy counseling. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 10 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 8 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1791 | TotalNbrEmployees |
| Total Nbr Volunteers | 143 | TotalNbrVolunteers |
| Total Gross UBI | 979606 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -91136 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 24400445 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 29560859 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 78497846 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 79292768 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1675237 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1635754 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1313156 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1220506 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 105886684 | TotalRevenuePriorYear |
| Total Revenue Current Year | 111709887 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 67879174 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 72334129 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1232523 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 31212390 | OtherExpensePriorYear |
| Other Expenses Current Year | 38082668 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 99091564 | TotalExpensesPriorYear |
| Total Expenses Current Year | 110416797 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 6795120 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1293090 | RevenuesLessExpensesCY |
| Total Assets BOY | 74344418 | TotalAssetsBOY |
| Total Assets EOY | 75575085 | TotalAssetsEOY |
| Total Liabilities BOY | 32158474 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 31346894 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 42185944 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 44228191 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO IMPROVE LIVES THROUGH FINANCIAL EDUCATION. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 46994603 | Expense |
| Revenue | 68260953 | Revenue |
| Description | Credit Counseling and Debt Management. ("Program Service #1") See Schedule O for a detailed description of MMI's Credit Counseling and Debt Management services. Included in Revenue for Program Service #1 is grant funding of $4,177,287 from Citigroup to support MMI's financial education efforts. These grants are included in Part VIII, Line 1f ("All other contributions, gifts, grants and similar amounts not included in Lines 1a-1e"). | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 28309316 | Expense |
| Revenue | 26593895 | Revenue |
| Description | Housing Counseling and Education. ("Program Service #2") See Schedule O for a detailed description of MMI's Housing Counseling and Education services. NOTE: Housing program costs listed here do not include all general and administrative costs allowable under federal grant programs. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 7638975 | Expense |
| Revenue | 8680166 | Revenue |
| Description | Bankruptcy Counseling and Bankruptcy Education. ("Program Service #3") See Schedule O for a detailed description of MMI's Bankruptcy Counseling and Bankruptcy Education services. | Description |
Activity Other ActivityOther (2 entries)
| ExpenseExpense | RevenueRevenue | DescriptionDescription |
|---|---|---|
| 3594872 | 4185066 | CONSUMER EDUCATION PROGRAMS |
| 1070742 | 979606 | AGENCY SERVICES - UBI |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 4665614 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 5164672 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 87608508 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | true | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | true | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 291 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 1791 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 10 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 8 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | true | LocalChapters |
| Policies Reference Chapters | true | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | AZ | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | CO | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | CT | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | ME | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MD | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MI | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MS | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NJ | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NM | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | OR | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | PA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | WA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | WV | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DAVID JUENGEL | NamePerson |
| Telephone Number | 7133943329 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14141 SOUTHWEST FREEWAY SUITE 1000 | AddressLine1 |
| City | SUGAR LAND | City |
| State | TX | State |
| ZIP Code | 77478 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (23 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| Lester E Dees | |||||||||
| Director | 3.0 | X | 0 | 0 | 0 | ||||
| Frank DeGise | |||||||||
| Director | 3.0 | X | 0 | 0 | 0 | ||||
| Douglas Durnin | |||||||||
| Director | 3.0 | X | 0 | 0 | 0 | ||||
| Dr Angela Lyons | |||||||||
| Director | 10.0 | X | 34800 | 0 | 0 | ||||
| Stephen A McNeely | |||||||||
| Director | 3.0 | X | 0 | 0 | 0 | ||||
| Frank W Montfort | |||||||||
| Director | 3.0 | X | 0 | 0 | 0 | ||||
| Scot E Sheldon | |||||||||
| Director | 3.0 | X | 0 | 0 | 0 | ||||
| Dr William F Staats | |||||||||
| Director | 3.0 | X | 0 | 0 | 0 | ||||
| Joseph P Warner | |||||||||
| Director | 3.0 | X | 0 | 0 | 0 | ||||
| Ivan L Hand | |||||||||
| President & Director | 50.0 | X | 583910 | 0 | 305960 | X | |||
| David A Juengel | |||||||||
| Treasurer | 45.0 | 239811 | 0 | 29516 | X | ||||
| Jean L Law | |||||||||
| Secretary | 45.0 | 120779 | 0 | 8401 | X | ||||
| Mel Stiller | |||||||||
| Senior Vice President | 30.0 | 201244 | 0 | 19341 | X | ||||
| Anthony Scataglia | |||||||||
| Senior Vice President | 45.0 | 292765 | 0 | 31109 | X | ||||
| Terry Blaney | |||||||||
| Senior Vice President | 45.0 | 263333 | 0 | 22107 | X | ||||
| Charles Stanley | |||||||||
| Senior Vice President | 45.0 | 283442 | 0 | 15181 | X | ||||
| Marianne D'Aquila | |||||||||
| Senior Vice President | 45.0 | 201393 | 0 | 22291 | X | ||||
| Kandee Jahns | |||||||||
| Vice President | 40.0 | 197579 | 0 | 21872 | X | ||||
| Joanne Kerstetter | |||||||||
| Vice President | 40.0 | 172833 | 0 | 10745 | X | ||||
| Virginia Garretson | |||||||||
| Vice President | 40.0 | 160673 | 0 | 14010 | X | ||||
| Don McGee | |||||||||
| Vice President | 40.0 | 159637 | 0 | 21909 | X | ||||
| Rick Dobson | |||||||||
| Vice President | 40.0 | 140662 | 0 | 12745 | X | ||||
| Steven Bucci | |||||||||
| SVP - Retired | 15.0 | 182052 | 0 | 7334 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 3234913 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 542521 | TotalOtherCompensation |
| Number Individuals GT100 K | 38 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Venable LLP | |||||
| POBox 630798 | BALTIMORE | MD | 21263 | LEGAL | 1931509 |
| Ajilon Professional Staffing | |||||
| Dept CH 14031 | PALATINE | IL | 60055 | TEMP AGENCY | 735321 |
| Burnett Companies | |||||
| POBox 973940 | DALLAS | TX | 75397 | TEMP AGENCY | 407605 |
| Contract Resource Group LLC | |||||
| 7108 Old Katy Rd Ste 150 | HOUSTON | TX | 77024 | IT Consulting | 216960 |
| NetVersant Solutions II LLC | |||||
| PO Box 201782 | DALLAS | TX | 75320 | Telecom Consulting | 198053 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 10 | NumberOfContractorsGT100K |
| Federated Campaigns | 10472 | FederatedCampaigns |
| Related Organizations | 3540160 | RelatedOrganizations |
| Government Grants | 20517629 | GovernmentGrants |
| All Other Contributions | 5492598 | AllOtherContributions |
| Total Contributions | 29560859 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| BUDGET AND DEBT COUNSELING | 624100 | 64084168 | 64084168 |
| HOUSING COUNSELING AND EDUCATION | 624100 | 6080778 | 6080778 |
| BANKRUPTCY COUNSELING AND EDUCATION | 624100 | 8680166 | 8680166 |
| EDUCATION PROGRAMS & COMMUNITY OUTREACH | 611710 | 447656 | 447656 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 79292768 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1257206 | TotalRevenueColumn |
| Exclusion | $1,257,206 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 43650 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 43650 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 43650 | TotalRevenueColumn |
| Exclusion | $43,650 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 44064392 | Securities |
| Other | 4350 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 43688050 | Securities |
| Other | 2144 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 376342 | Securities |
| Other | 2206 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 378548 | TotalRevenueColumn |
| Exclusion | $378,548 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|---|
| UNRELATED BUSINESS INCOME | 561499 | 979606 | 979606 | |
| EDUCATIONAL BOOK SALES | 611710 | 197250 | 197250 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1176856 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 111709887 | TotalRevenueColumn |
| Related Or Exempt Function Income | 79490018 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 979606 | UnrelatedBusinessRevenue |
| Exclusion | $1,679,404 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2675382 | Total |
| Management And General | 2675382 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 58366601 | Total |
| Program Services | 53442402 | ProgramServices |
| Management And General | 4026449 | ManagementAndGeneral |
| Fundraising | 897750 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1414067 | Total |
| Program Services | 637136 | ProgramServices |
| Management And General | 711410 | ManagementAndGeneral |
| Fundraising | 65521 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5442805 | Total |
| Program Services | 4189201 | ProgramServices |
| Management And General | 1196067 | ManagementAndGeneral |
| Fundraising | 57537 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4435274 | Total |
| Program Services | 3995090 | ProgramServices |
| Management And General | 386420 | ManagementAndGeneral |
| Fundraising | 53764 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 644439 | Total |
| Management And General | 644439 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 189395 | Total |
| Management And General | 189395 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10690 | Total |
| Management And General | 10690 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 88872 | Total |
| Management And General | 88872 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 882120 | Total |
| Program Services | 276770 | ProgramServices |
| Management And General | 598426 | ManagementAndGeneral |
| Fundraising | 6924 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7075179 | Total |
| Program Services | 7075179 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6080690 | Total |
| Program Services | 5061568 | ProgramServices |
| Management And General | 1013748 | ManagementAndGeneral |
| Fundraising | 5374 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1742285 | Total |
| Program Services | 1517245 | ProgramServices |
| Management And General | 225040 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5826385 | Total |
| Program Services | 5139374 | ProgramServices |
| Management And General | 649353 | ManagementAndGeneral |
| Fundraising | 37658 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1463253 | Total |
| Program Services | 895652 | ProgramServices |
| Management And General | 493352 | ManagementAndGeneral |
| Fundraising | 74249 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 334744 | Total |
| Program Services | 96292 | ProgramServices |
| Management And General | 219111 | ManagementAndGeneral |
| Fundraising | 19341 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6660 | Total |
| Management And General | 6660 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 919600 | Total |
| Program Services | 919600 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3093808 | Total |
| Program Services | 2325008 | ProgramServices |
| Management And General | 767971 | ManagementAndGeneral |
| Fundraising | 829 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 323696 | Total |
| Program Services | 75927 | ProgramServices |
| Management And General | 247769 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| DUES AND ASSOCIATION FEES | 822684 | 688827 | 128406 | 5451 |
| LICENSES AND TAXES | 299386 | 84450 | 214936 | |
| TRAINING | 526507 | 426250 | 100257 | |
| PUBLIC RELATIONS | 134963 | 134963 | ||
| PRINTING & PUBLICATIONS | 644108 | 606902 | 30106 | 7100 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6973204 | Total |
| Program Services | 20672 | ProgramServices |
| Management And General | 6951507 | ManagementAndGeneral |
| Fundraising | 1025 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 110416797 | Total |
| Program Services | 87608508 | ProgramServices |
| Management And General | 21575766 | ManagementAndGeneral |
| Fundraising | 1232523 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4299220 | BOY |
| EOY | 389198 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50000 | BOY |
| EOY | 50000 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 99024 | BOY |
| EOY | 163803 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5017395 | BOY |
| EOY | 8143120 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 383433 | BOY |
| EOY | 338789 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1175456 | BOY |
| EOY | 1370529 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 38851562 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 23505006 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11556669 | BOY |
| EOY | 15346556 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27062039 | BOY |
| EOY | 25105591 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14085 | BOY |
| EOY | 1537 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24687097 | BOY |
| EOY | 24665962 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 74344418 | BOY |
| EOY | 75575085 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13585301 | BOY |
| EOY | 11339524 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16780250 | BOY |
| EOY | 17557946 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1792923 | BOY |
| EOY | 2449424 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32158474 | BOY |
| EOY | 31346894 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41016222 | BOY |
| EOY | 43488362 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1169722 | BOY |
| EOY | 739829 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42185944 | BOY |
| EOY | 44228191 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 74344418 | BOY |
| EOY | 75575085 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 1293090 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 749157 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
| Contrib By Controlling Individual | false | ContribByControllingIndividual |
| Contribution By Related Party | false | ContributionByRelatedParty |
| Contrib By35 Controlled Entity | false | ContribBy35ControlledEntity |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 8879451 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 9160974 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 12849297 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 24400440 | CurrentTaxYearMinus1Year |
| Current Tax Year | 26069696 | CurrentTaxYear |
| Total | 81359858 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 65690550 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 64224103 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 74139109 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 78814288 | CurrentTaxYearMinus1Year |
| Current Tax Year | 79494530 | CurrentTaxYear |
| Total | 362362580 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 74570001 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 73385077 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 86988406 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 103214728 | CurrentTaxYearMinus1Year |
| Current Tax Year | 105564226 | CurrentTaxYear |
| Total | 443722438 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 7709867 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 7487550 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 12420943 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 23230340 | CurrentTaxYearMinus1Year |
| Current Tax Year | 28997076 | CurrentTaxYear |
| Total | 79845776 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 0 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 0 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 5732810 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 9162585 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5802185 | CurrentTaxYear |
| Total | 20697580 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 7709867 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 7487550 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 18153753 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 32392925 | CurrentTaxYearMinus1Year |
| Current Tax Year | 34799261 | CurrentTaxYear |
| Total | 100543356 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 343179082 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3059616 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3475783 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 880751 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 891321 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1300856 | CurrentTaxYear |
| Total | 9608327 | Total |
Post1975 UBTI Post1975UBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 524741 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 707245 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1005432 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1004233 | CurrentTaxYearMinus1Year |
| Current Tax Year | 979606 | CurrentTaxYear |
| Total | 4221257 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3584357 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4183028 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1886183 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1895554 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2280462 | CurrentTaxYear |
| Total | 13829584 | Total |
Other Income509 OtherIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1072000 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus2 Years | 78450 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | -90830 | CurrentTaxYearMinus1Year |
| Total | 1059620 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 79226358 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 77568105 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 88953039 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 105019452 | CurrentTaxYearMinus1Year |
| Current Tax Year | 107844688 | CurrentTaxYear |
| Total | 458611642 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.74830 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.79046 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.03016 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.03607 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Belongs To Affiliated Group | X | OrgBelongsToAffiliatedGroup |
| Total Grassroots Lobbying | TotalGrassrootsLobbying |
Total Direct Lobbying TotalDirectLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 10690 | FilingOrganizationsTotals |
| Affiliated Group Totals | 10690 | AffiliatedGroupTotals |
Total Lobbying Expenditures TotalLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 10690 | FilingOrganizationsTotals |
| Affiliated Group Totals | 10690 | AffiliatedGroupTotals |
Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 109335363 | FilingOrganizationsTotals |
| Affiliated Group Totals | 113958766 | AffiliatedGroupTotals |
Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 109346053 | FilingOrganizationsTotals |
| Affiliated Group Totals | 113969456 | AffiliatedGroupTotals |
Lobbying Nontaxable LobbyingNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 1000000 | FilingOrganizationsTotals |
| Affiliated Group Totals | 1000000 | AffiliatedGroupTotals |
Grassroots Nontaxable GrassrootsNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 250000 | FilingOrganizationsTotals |
| Affiliated Group Totals | 250000 | AffiliatedGroupTotals |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Lobbying Grassroot Minus Non Tx | TotLobbyingGrassrootMinusNonTx | |
| Tot Lobby Expend Mns Lobbying Nontx | TotLobbyExpendMnsLobbyingNontx | |
| Form4720 Filed | false | Form4720Filed |
Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 1000000 | CurrentYearMinus3 |
| Current Year Minus2 | 1000000 | CurrentYearMinus2 |
| Current Year Minus1 | 1000000 | CurrentYearMinus1 |
| Current Year | 1000000 | CurrentYear |
| Total | 4000000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmount |
Total Lobbying Expenditures2 TotalLobbyingExpenditures2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 9802 | CurrentYearMinus3 |
| Current Year Minus2 | 24977 | CurrentYearMinus2 |
| Current Year Minus1 | 176092 | CurrentYearMinus1 |
| Current Year | 10690 | CurrentYear |
| Total | 221561 | Total |
Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 250000 | CurrentYearMinus3 |
| Current Year Minus2 | 250000 | CurrentYearMinus2 |
| Current Year Minus1 | 250000 | CurrentYearMinus1 |
| Current Year | 250000 | CurrentYear |
| Total | 1000000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmount |
Grassroots Lobbying Expenditures GrassrootsLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 0 | CurrentYearMinus3 |
| Current Year Minus2 | 0 | CurrentYearMinus2 |
| Current Year Minus1 | 0 | CurrentYearMinus1 |
| Current Year | 0 | CurrentYear |
| Total | 0 | Total |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | true | IncludedOnFS |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 861782 | OtherCostOrOtherBasis |
| Book Value | 861782 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4057870 | OtherCostOrOtherBasis |
| Depreciation | 2089858 | Depreciation |
| Book Value | 1968012 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1544730 | OtherCostOrOtherBasis |
| Depreciation | 879787 | Depreciation |
| Book Value | 664943 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 11881116 | OtherCostOrOtherBasis |
| Depreciation | 9212942 | Depreciation |
| Book Value | 2668174 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 20506064 | OtherCostOrOtherBasis |
| Depreciation | 11322419 | Depreciation |
| Book Value | 9183645 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 15346556 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (4 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| CASH HELD IN TRUST FOR CLIENTS | 17557946 |
| DEPOSITS | 1290650 |
| RESTRICTED INVESTMENTS | 264155 |
| CURRENT VALUE OF INSURANCE | 5553211 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 24665962 | TotalBookValueOtherAssets |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ACCRUED LEASE EXPENSE | $1,381,252 |
| DEFERRED COMPENSATION | $814,289 |
| FUNDS HELD FOR AGENCIES | $15,910 |
| FUNDS HELD AS AGENT | $237,973 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2449424 | TotalOfAmounts |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Trust Account Liability | Identifier |
| Return Reference | Schedule D - Part IV - Trust, Escrow and Custodial Arrangements | ReturnReference |
| Explanation | MMI collects payments from clients who are on Debt Management Plans, places those payments into a separate trust account, and then disburses those funds to the creditors of the clients. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | true | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (13 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mel Stiller | |||||||||||||
| 180019 | 0 | 17400 | 0 | 3825 | 0 | 12065 | 0 | 7276 | 0 | 220585 | 0 | 0 | 0 |
| Ivan L Hand | |||||||||||||
| 300000 | 0 | 0 | 0 | 283910 | 0 | 289700 | 0 | 16260 | 0 | 889870 | 0 | 250000 | 0 |
| David A Juengel | |||||||||||||
| 196462 | 0 | 35300 | 0 | 8049 | 0 | 14386 | 0 | 15130 | 0 | 269327 | 0 | 0 | 0 |
| Anthony Scataglia | |||||||||||||
| 218077 | 0 | 60300 | 0 | 14388 | 0 | 14700 | 0 | 16409 | 0 | 323874 | 0 | 0 | 0 |
| Terry Blaney | |||||||||||||
| 200000 | 0 | 20300 | 0 | 43033 | 0 | 14700 | 0 | 7407 | 0 | 285440 | 0 | 0 | 0 |
| Charles Stanley | |||||||||||||
| 218077 | 0 | 60300 | 0 | 5065 | 0 | 14700 | 0 | 481 | 0 | 298623 | 0 | 0 | 0 |
| Marianne D'Aquila | |||||||||||||
| 175654 | 0 | 25300 | 0 | 439 | 0 | 12078 | 0 | 10213 | 0 | 223684 | 0 | 0 | 0 |
| Kandee Jahns | |||||||||||||
| 169039 | 0 | 20300 | 0 | 8240 | 0 | 11852 | 0 | 10020 | 0 | 219451 | 0 | 0 | 0 |
| Joanne Kerstetter | |||||||||||||
| 170000 | 0 | 300 | 0 | 2533 | 0 | 10364 | 0 | 381 | 0 | 183578 | 0 | 0 | 0 |
| Virginia Garretson | |||||||||||||
| 149500 | 0 | 10300 | 0 | 873 | 0 | 9663 | 0 | 4347 | 0 | 174683 | 0 | 0 | 0 |
| Don McGee | |||||||||||||
| 144039 | 0 | 15300 | 0 | 298 | 0 | 9577 | 0 | 12332 | 0 | 181546 | 0 | 0 | 0 |
| Rick Dobson | |||||||||||||
| 130000 | 0 | 5300 | 0 | 5362 | 0 | 8434 | 0 | 4311 | 0 | 153407 | 0 | 0 | 0 |
| Steven Bucci | |||||||||||||
| 178980 | 0 | 2518 | 0 | 554 | 0 | 813 | 0 | 6521 | 0 | 189386 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| IVAN L. HAND | SCH. J - PART II, LINE 2(i) | Of the deferred compensation for Ivan L. Hand, $275,000 is subject to a substantial risk of forfeiture. Of the other reportable compensation for Ivan L. Hand, $250,000 was earned in a prior year, but paid in the current year. |
| STEVEN BUCCI | SCH. J - Part II, Line 13(i) | Of the base compensation reported for Steven Bucci, $154,808 was for severance pay related to his retirement from the organization. |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (13 entries)
| RelationshipRelationship | Description Of TransactionDescriptionOfTransaction |
|---|---|
| IVAN L HAND | |
| OFFICER-MMI; OFFICER-SNE | N/A |
| MEL STILLER | |
| KEY EMPL-MMI; OFFICER-SNE | N/A |
| DAVID A JUENGEL | |
| OFFICER-MMI; OFFICER-SNE | N/A |
| JEAN L LAW | |
| OFFICER-MMI; OFFICER-SNE | N/A |
| LESTER E DEES | |
| DIR-MMI; DIR-SNE | N/A |
| FRANK DEGISE | |
| DIR-MMI; DIR-SNE | N/A |
| DOUGLAS DURNIN | |
| DIR-MMI; DIR-SNE | N/A |
| DR ANGELA LYONS | |
| DIR-MMI; DIR-SNE | N/A |
| STEPHEN A MCNEELY | |
| DIR-MMI; DIR-SNE | N/A |
| FRANK W MONTFORT | |
| DIR-MMI; DIR-SNE | N/A |
| SCOT E SHELDON | |
| DIR-MMI; DIR-SNE | N/A |
| DR WILLIAM F STAATS | |
| DIR-MMI; DIR-SNE | N/A |
| JOSEPH P WARNER | |
| DIR-MMI; DIR-SNE | N/A |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (26 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Credit Counseling and Debt Management | Part III - 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 2010, 176,070 received free budget and debt counseling sessions. During a budget and debt 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 120 locations throughout the country (which includes donated office space valued at $48,050). Some consumers seeking budget and debt counseling received both financial guidance from a certified credit counselor 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; Baton Rouge, LA; and Warwick, RI 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 2010, the support teams handled over 681,000 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. |
| Housing Counseling and Education | Part III - 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 over 112,000 consumers on housing-related issues in 2010. These counseling sessions were conducted by phone by housing counselors in contact centers located in Phoenix, AZ; Sugar Land, TX; Warwick, RI and South Portland, ME, as well as in person in local branch offices throughout the United States. The funding for housing counseling is supported by the U.S. Department of Housing and Urban Development, the National Foreclosure Mitigation Counseling program (NeighborWorks), the Homeownership Preservation Foundation, the United States Treasury's Making Home Affordable program (MHA) and the Pennsylvania Housing Finance Agency. NOTE: Included in revenue for Program Service #2 (Housing Counseling) is grant funding of $2,391,504 from the Department of Housing and Urban Development, $9,201,247 from NeighborWorks America (received either directly from NeighborWorks or from pass-through organizations such as HPF or the National Foundation for Credit Counseling), and $8,920,366 in funding from the Treasury Department's MHA program. This revenue is included in Part VIII, Line 1e (Government Grants and Contributions). |
| Bankruptcy Counseling and Bankruptcy Education | Part III - 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. In-person bankruptcy counseling is available by appointment in all of the local markets in which we operate. Individuals can also complete a pre-filing counseling session by telephone, Internet or Web chat. In 2010, MMI provided 115,500 pre-filing bankruptcy counseling sessions. MMI is also approved by the EOUST to deliver pre-discharge bankruptcy education services. In 2010, more than 68,000 debtors participated in one of our bankruptcy pre-discharge education programs. This important education program is available by a variety of delivery methods. In-person programs are available in all areas where MMI has a local presence. Telephone and online programs are scheduled at various times, including evenings and weekends, to provide convenient access to all participants. Upon completion of the program, a certificate of participation is issued allowing the individual to proceed with the bankruptcy discharge process. |
| Consumer Education Programs and Community Outreach | Part III - 4d - Program Service #4 | Community outreach and consumer financial education is an integral part of 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. The Education Department focuses 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 has 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 2010, education specialists along with the agency's 143 trained volunteers, provided 28,135 hours of financial literacy education through workshops and outreach events to 166,696 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 financial skills-building, budgeting, establishing credit, buying decisions, and planning for the future. These donated services are valued at $120,419. 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"; "Ready Willing and Able: Making Positive Financial Change"; "Living on a Fixed Income"; 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 that address distinguishing between wants and needs, making wise spending choices, budgeting, the importance of saving, and how advertising influences spending choices. The types of programs in this series include "Brownie Wants a New Bike"; "The Money Bunnies Take a Vacation"; "Hands on Banking"; and "My Money 101". Older students can take part in programs such as "Credit Reports and Credit Scores"; "Managing Income and Expenses"; "Apartments, Cars and College"; and "Real Money 101". 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. Particpants sign into "Connect Pro" 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"; "Keeping the Dream of Homeownership Alive"; "Teaching Children about Money"; and "Let's Talk--Couples and Money". 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. In 2010, a related support organization (MMI Financial Education Foundation) gave MMI a grant totalling $3.4 million to further our efforts to provide free financial education to the public. |
| Agency Services - Unrelated Business Income | Part III - 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. |
| Process Used to Review 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. Members of the MMI Audit Committee: Frank Montfort - Chairman Doug Durnin Lester Dees |
| Procedures to monitor conflicts of interest | 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. |
| Procedures used to determine compensation | Part VI - Policies - Sec. B, Line 15 | Money Management International, Inc. (MMI) has a Compensation Policy whereby prior to setting compensation levels, the compensation for Officers and Key Employees are determined based on comparability data and market studies prepared by independent executive compensation consultants. Compensation levels are reviewed and approved by independent persons (the Compensation Committee) who provide contemporaneous substantiation of their deliberations and decisions. Members of the MMI Compensation Committee: Scot Sheldon - Chairman Steve McNeely Pat Warner |
| Governance & Policy Disclosure | 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. |
| Other Changes in Net Assets | Part XI - Reconciliation of Net Assets - Line 5 | Other Changes in Net Assets: Unrealized Investment Gains $896,653 Adjustment to Net Asset balance ($147,498) for contribution of net assets related to MMI Financial Education Foundation, which MMI acquired on Nov.1, 2010. ---------- Total $749,155 |
| Single Audit Procedures | Part XII - Financial Statements and Reporting - Line 3b | The Board of Directors for Money Management International, Inc. (MMI) 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. 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 is performed because MMI receives grant funding from the US federal government. A Special Purpose audit discloses auditor opinions reqarding MMI's compliance, in all material respects, with the requirements of the Single Audit Act and OMB Circular A-133. |
| Other Functional Expenses | Form 990, PART IX, Line 24 (f) - Other Expenses | Included in Line 24 (f) of Part IX are net costs related to legal actions which occurred during 2007 and 2008. In 2007, Consumerinfo.com sued Money Management International, Inc. (MMI) alleging trademark infringement, breach of contract, and other similar claims concerning a trademark actually owned by MMI (MyScorePlus). During the course of the litigation, MMI ceased offering the MyScorePlus service for reasons unrelated to the litigation. A ruling was issued in 2008 in favor of the plaintiff for approximately $1 million. MMI accrued for that amount in 2008. On appeal, however, the decision of the lower court was reversed and remanded on March 11, 2010. Later in 2010, MMI recognized a gain of approximately $639,000 upon the settlement of the matter as the final settlement amount was less than the amount originally accrued. In 2008, MMI was served with a complaint by six unrelated parties alleging MMI was operating in violation of the Credit Repair Organization Act. Only three of the six named plaintiffs were ever counseled by MMI, and such counseling was a result of a court approved transfer of those clients from AmeriDebt Inc. to MMI. Subsequently, all three clients successfully completed their debt management plans. Throughout the discovery process, MMI argued that these claims were totally without merit since, among other reasons, by nature of MMI's 501(c)(3) non-profit status (which was recently confirmed by the Internal Revenue Service), MMI is not subject to the Credit Repair Organization Act. In an effort to ensure that MMI can fully focus on its mission to improve lives through financial education, basic settlement terms were agreed upon with the plaintiffs. MMI and the class representatives agreed that no part of the settlement should be construed as presumption of guilt, concession or admission of liability, or wrongdoing as to any facts or claims alleged in the complaint. In October 2010, attorneys for the plaintiffs filed an application for preliminary approval of the settlement. MMI settled the litigation for $6.5 million in favor of the plaintiffs, and this liabilty was accrued for in 2010. MMI also recognized approximately $607,000 for legal expenses related to the litigation. On April 28, 2011, the settlement received final approval. |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:Lester E. Dees TITLE:Director HOURS:1 |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:Frank DeGise TITLE:Director HOURS:1 |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:Douglas Durnin TITLE:Director HOURS:1 |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:Dr. Angela Lyons TITLE:Director HOURS:2 |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:Stephen A. McNeely TITLE:Director HOURS:1 |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:Frank W. Montfort TITLE:Director HOURS:1 |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:Scot E. Sheldon TITLE:Director HOURS:1 |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:Dr. William F. Staats TITLE:Director HOURS:2 |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:Joseph P. Warner TITLE:Director HOURS:1 |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:Ivan L. Hand TITLE:President & Director HOURS:8 |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:David A. Juengel TITLE:Treasurer HOURS:8 |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:Jean L. Law TITLE:Secretary HOURS:8 |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:Mel Stiller TITLE:Senior Vice President HOURS:10 |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:Steven Bucci TITLE:SVP - Retired HOURS:35 |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|
| CCCS of Southern New England Inc | |||||||||
| 14141 Southwest Freeway Ste 1000 | Sugar Land | TX | 77478 | 237230816 | Credit Couns. | MA | 501(c)(3) | 9 | MMI INC |
| MMI Financial Education Foundation | |||||||||
| 14141 Southwest Freeway Ste 1000 | Sugar Land | TX | 77478 | 760691702 | Fin. Educ. | TX | 501(c)(3) | 11, Type I | MMI INC |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | REVERSE MORTGAGE COUNSELING ASSOCIATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14141 Southwest Freeway Ste 1000 | AddressLine1 |
| City | Sugar Land | City |
| State | TX | State |
| ZIP Code | 77478 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 262387390 | EIN |
| Primary Activity | COUNS. SUPPORT | PrimaryActivity |
| Legal Domicile State | DC | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Entity | C | TypeOfEntity |
| Share Of Total Income | 0 | ShareOfTotalIncome |
| Share Of EOY Assets | 0 | ShareOfEOYAssets |
| Percentage Ownership | 0.00000 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | true | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | true | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | true | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | true | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | true | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | true | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (4 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| CCCS of Southern New England Inc | |
| O | 819600 |
| CCCS of Southern New England Inc | |
| P | 48224 |
| MMI Financial Education Foundation | |
| B | 100000 |
| MMI Financial Education Foundation | |
| C | 3540160 |
Affiliated Group Attachment AffiliatedGroupAttachment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | CCCS OF SOUTHERN NEW ENGLAND, INC. 14141 SOUTHWEST FRWY #1000, SUGAR LAND, TX 77478 EIN: 23-7230816, LOBBYING EXPENSE: NONE MMI FINANCIAL EDUCATION FOUNDATION 14141 SOUTHWEST FRWY #1000, SUGAR LAND, TX 77478 EIN: 76-0691702, LOBBYING EXPENSE: NONE | Explanation |