2024-05-15T14:08:54-05:00 2023-06-30 561304727 BLACKMAN & SLOOP CPAS PA 1414 RALEIGH RD SUITE 300 CHAPEL HILL NC 27517 990 2022-07-01 562106758 CONSUMER EDUCATION SERVICES INC CONS 8664845373 3724 NATIONAL DRIVE SUITE 220 RALEIGH NC 27612 DIANE CHEN BOARD CHARIMAN 8664845373 2024-05-15 1 DIANE CHEN 999009999 0 ROBERT LEWIS P00332659 9199428700 2024-05-15 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z DIANE CHEN 3724 NATIONAL DRIVE SUITE 220 RALEIGH NC 27612 8991721 0 X WWW.CESISOLUTIONS.ORG X 1988 NC CONSUMER EDUCATION SERVICES, INC. EMPOWERS PEOPLE TO OVERCOME THEIR FINANCIAL CHALLENGES AND LEAD FINANCIALLY-HEALTHY LIVES. 5 4 61 4 0 0 2037006 1081064 2799972 3569897 2624141 301736 68552 434803 7529671 5387500 450000 1050000 0 0 2926176 2222689 0 0 0 2046888 2701749 5423064 5974438 2106607 -586938 23360630 23042605 979555 910616 22381075 22131989 CONSUMER EDUCATION SERVICES, INC. EMPOWERS PEOPLE TO OVERCOME THEIR FINANCIAL CHALLENGES AND LEAD FINANCIALLY-HEALTHY LIVES. 0 0 2523673 1317027 CREDIT COUNSELING AND EDUCATION, AND DEBT REDUCTION PROGRAM:THIS PROGRAM ASSISTS CLIENTS IN MANAGING THEIR PERSONAL FINANCES THROUGH THE PROVISION OF DEBT MANAGEMENT SERVICES, CREDIT COUNSELING, EDUCATION AND TRAINING, AND BUDGET PLANNING. CESI OFFERS ASSISTANCE OVER THE PHONE, ONLINE, AND IN PERSON. CERTIFIED CREDIT COUNSELOR'S DISCUSS VARIOUS OPTIONS WITH CLIENTS REGARDING FINANCIAL DECISIONS. THEY ASSESS INDIVIDUALS' PERSONAL FINANCIAL SITUATIONS AND ASSIST THEM IN DEVELOPING A BUDGET IN ORDER TO IMPROVE THEIR OVERALL CREDIT. 1052879 2252870 THE HUD HOUSING PROGRAM OFFERS A WIDE VARIETY OF HOUSING COUNSELING SERVICES TO POTENTIAL HOMEBUYERS, RENTERS AND CURRENT HOMEOWNERS. THESE SERVICES INCLUDE EDUCATION THROUGH GROUP SESSIONS AND ONE-ON-ONE COUNSELING. THE AREAS OF FOCUS ARE PRE-PURCHASE EDUCATION AND COUNSELING, RENTAL COUNSELING, FORECLOSURE PREVENTION COUNSELING, AND REVERSE MORTGAGE COUNSELING.CESI PROVIDED HOUSING STABILITY COUNSELING PROGRAM WITH ASSISTANCE TO HOMEOWNERS AND RENTERS BY REACHING OUT TO LOAN SERVICERS, LANDLORDS, EMERGENCY RENTAL ASSISTANCE FUNDERS, AND LOCAL/STATE HOUSING ASSISTANCE FUNDING PROGRAMS. CLIENTS WERE ALSO ASSISTED WITH BUDGETING NEEDS AND CREDIT REVIEW AND RECOMMENDATIONS AS WARRANTED. 1310181 1050000 COMMUNITY EDUCATION OUTREACH- CESI SUPPORTS THE ADVANCEMENT OF REVERSE MORTGAGE COUNSELING. FINANCIAL LITERACY EDUCATION WITHIN LOCAL AND STATE COMMUNITIES THROUGH A STRONG COMMUNITY OUTREACH PROGRAM. OUTREACH EFFORTS INCLUDE GROUP EDUCATION PROGRAMS, USUALLY IN PARTNERSHIP WITH LOCAL COMMUNITY AGENCIES OR EDUCATIONAL INSTITUTIONS. THE SECOND PART OF THE CESI OUTREACH EFFORT IS IN THE FORM OF FREE INDIVIDUAL FINANCIAL COUNSELING AT THE CESI CENTER WITH AN ACCREDITED CESI COUNSELOR. CESI OFFERS NUMEROUS FINANCIAL EDUCATIONAL RESOURCES, WHICH ARE EASILY ACCESSED BY ALL CONSUMERS AND NOT JUST CESI CUSTOMERS. THESE RESOURCES ARE DESIGNED TO HELP CONSUMERS BETTER MANAGE THEIR FINANCES AND TO ACHIEVE THE GOAL OF BECOMING DEBT FREE. 4886733 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 0 1 61 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NC WV IL OR X X X STEVEN COLE 8664845373 3724 NATIONAL DRIVE SUITE 220 RALEIGH NC 27612 DAYANG DIANE CHEN CHAIRMAN / SECRETARY 5.00 5.00 X X 79028 0 6146 ALEXIS NELSON BOARD MEMBER 5.00 5.00 X 0 0 0 WAYNE STALLINGS BOARD MEMBER 5.00 X 0 0 0 ROBERT FITZGERALD BOARD MEMBER 5.00 X 0 0 0 NAVEED IFTIKHAR BOARD MEMBER 5.00 X 0 0 0 MICHAEL CROXSON PRESIDENT/CEO THRU 10/2022 30.00 10.00 X 189806 0 21550 STEVEN COLE TREASURER THRU 6/2023 40.00 X 221673 0 13186 ROBB CZYZEWSKI CHIEF OPERATING OFFICER 40.00 X 173785 0 16860 JOSEPH BATTLE GENERAL MANAGER 40.00 X 101000 0 8127 765292 0 65869 4 0 1 0 TECHNOLOGY ASSOCIATES 3434 KILDAIRE FARM ROAD SUITE 390 CARY NC 27518 IT 173670 SPRINGFIELD ROCK RADIO GROUP 45 FISHER AVENUE EAST LONGMEADOW MA 01028 MARKETING 132000 ENVOY MEDIA 30721 RUSSELL RANCH RD STE 140 WESTLAKE VILLAGE CA 91362 MARKETING 128667 3 1081064 1081064 HOUSING STABILITY 531390 1916636 1916636 DEBT MANAGEMENT PROGRAM 541990 1182385 1182385 HOUSING SERVICES 531390 336234 336234 COUNSELING PROGRAMS 541990 134642 134642 3569897 594963 594963 3310994 3604221 -293227 -293227 -293227 MISCELLANEOUS 900099 434803 434803 434803 5387500 3569897 0 736539 1050000 1050000 451243 299792 151451 1271876 857908 413968 300121 199391 100730 199449 132508 66941 14200 14200 119199 119199 27751 13875 13876 470519 444638 25881 197436 157948 39488 237444 189955 47489 69787 55830 13957 24821 19857 4964 1834 1466 368 13788 13788 34052 28945 5107 61957 49566 12391 HOUSING COUNSELING 800110 800110 CREDIT COUNSELING 262258 262258 MISCELLANEOUS 173808 154823 18985 BANK FEES 96710 83953 12757 96075 83910 12165 5974438 4886733 1087705 0 2686798 1602668 30376 30376 32300 28800 327480 955234 53471 57829 125137 61725 82963 63412 18526448 19939962 1620794 364324 23360630 23042605 248061 363616 129790 37340 367294 207481 200000 200000 34410 102179 979555 910616 X 22348775 22103189 32300 28800 22381075 22131989 23360630 23042605 X -586938 1537852 -1200000 X X 0 1 X 1 0 X 1794060 1771841 2336133 2037006 1081064 9020104 1794060 1771841 2336133 2037006 1081064 9020104 2489785 6530319 486171 526873 374388 439332 594963 2421727 80913 69922 68552 434803 654190 12096021 0.53990 0.59510 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER MISCELLANEOUS INCOME - 2019 AMOUNT: $ 80,913. 2020 AMOUNT: $ 69,922. 2021 AMOUNT: $ 68,552. 2022 AMOUNT: $ 434,803. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 125137 61725 63412 63412 NONQUALIFIED RETIREMENT PLAN LIABILITES 36839 RIGHT OF USE OPERATING LEASE LIABILITY 65340 102179 PART IV, LINE 2B: CESI OFFERS DEBT MANAGEMENT PROGRAMS TO ASSIST CLIENTS IN PAYING THEIR UNSECURED DEBTS FUNDS RECIEVED FROM CLIENTS PARTICIPATING IN THE DEBT MANAGEMENT PROGRAM ARE DEPOSITED INTO VARIOUS DEPOSITORY ACCOUNTS AND IN TO A SEPARATE FOR THE BENEFIT OF OTHER ACCOUNT (THE "FBO ACCOUNT") ON A DAILY BASIS. FUNDS RESIDING IN THE FBO ACCOUNTS ARE DISBURSED TO CESI'S OPERATING ACCOUNT AS CONTRIBUTIONS MADE TO CESI BY CREDITORS AND/OR CLIENTS. CERTAIN STATES REQUIRE THAT CLIENTS FUNDS BE HELD IN A DEPOSITORY ACCOUNT WITHIN THAT STATE UNTIL THE RESPECTIVE CREDITORS ARE PAID. IN THIS SITUATION CREDITORS ARE PAID FROM MONIES FROM THIS STATE'S DEPOSITORY ACCOUNT. INTEREST INCOME EARNED ON FUNDS HELD IN THE VARIOUS RESTRICTED ACCOUNTS IS USED TO PAY FOR BANK FEES AND OTHER EXPENSES. CESI IS RESPONSIBLE FOR ANY EXCESS EXPENSE ARISING FROM THE ACTIVITIES OF THESE ACCOUNTS. 0 CAROLINA COMMUNITY IMPACT INC 3724 NATIONAL DRIVE SUITE 220 RALEIGH NC 27612 823990062 1050000 0 TO SUPPORT CCI. 1 X 0 0 0 0 0 0 0 0 0 STEVEN COLE TREASURER THRU 6/2023 221673 0 0 0 0 0 7741 0 5445 0 234859 0 0 0 MICHAEL CROXSON PRESIDENT/CEO THRU 10/2022 189806 0 0 0 0 0 13894 0 7656 0 211356 0 0 0 ROBB CZYZEWSKI CHIEF OPERATING OFFICER 173785 0 0 0 0 0 12431 0 4429 0 190645 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990 - THE PRESIDENT & CEO AND THE DIRECTOR OF FINANCE ARE RESPONSIBLE FOR REVIEWING AND APPROVING THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ENFORCEMENT OF CONFLICTS POLICY OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST ANNUALLY ON A CONFLICT OF INTEREST FORM. ANY KNOWN CONFLICTS OF INTEREST REQUIRE IMMEDIATE DISCLOSURE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR TOP OFFICIALS - THE BOARD OF DIRECTORS GENERALLY DETERMINES AND REVIEWS THE SALARY OF THE PRESIDENT AND CEO. COMPENSATION PROCESS FOR OFFICERS - THE BOARD OF DIRECTORS GENERALLY DETERMINES AND REVIEWS THE SALARY OF KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 18 GUIDESTAR.ORG FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION CESI MAKES IT GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION FORM 990 IS ALSO AVAILABLE ON GUIDESTAR.ORG. FORM 990, PART XI, LINE 9: IMPAIRMENT LOSS -1,200,000. FORM 990, PART XII, LINE 2C: THE FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. BARRETT RESOURCES LLC 3700 BARRETT DRIVE RALEIGH NC 27609 843406327 PROVIDES TRIAGE FINANCIAL ASSISTANCE TO CONSUMERS NC CONSUMER EDUCATION SERVICES INC CAROLINA COMMUNITY IMPACT INC 3700 BARRETT DRIVE RALEIGH NC 27609 823990062 LOANS NC 501(C)(3) 12C CONSUMER EDUCATION SERVICES INC 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 0 CAROLINA COMMUNITY IMPACT INC O 439534 ACTUAL AMOUNT PAID CAROLINA COMMUNITY IMPACT INC B 400000 ACTUAL AMOUNT PAID