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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Human Services National Foundation for Credit Counseling Inc.

National Foundation for Credit Counseling Inc.

Fiscal year ending 2020. Filed on July 26, 2021.

2000 M Street NW No 505
Gm09
Washington, District of Columbia 20036

National Foundation for Credit Counseling Inc. (EIN: 53-0132493) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, National Foundation for Credit Counseling Inc., a 501(c)(3) charitable organization, reported compensation for 7 out of 18 total employees. Among the employees shown here, the average compensation is $276,446. The highest compensated employee at National Foundation for Credit Counseling Inc. is Rebecca Steele with fiscal year 2020 compensation of $680,604.

Revenue, expenses, and employee compensation

Revenue

$9,543,593

Expenses

$8,664,176

Employee compensation

$3,034,749
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Rebecca Steele
Chief Executive Officer
$680,604
$534,928 No related comp$145,676
Jeffrey Faulkner
Chief Financial Officer and Chief Operating Officer
$378,267
$280,052 No related comp$98,215
Ellen Goury
Vice President, Finance
$187,969
$156,641 No related comp$31,328
Pete Klipa
Senior Vice President, Creditor Relations
$177,363
$155,163 No related comp$22,200
Matt Ribe
General Counsel and Strategic Projects
$175,281
$146,939 No related comp$28,342
Hermond Palmer
Vice President, Housing
$168,567
$157,587 No related comp$10,980
Sherrill Berk
Senior Vice President, Strategic Partnerships
$167,071
$142,840 No related comp$24,231

Benchmark Employee Compensation

Non-Employee Board Members

Cindy Seremek
Trustee
Debbie Bianucci
Chair
Duane Elmer
Trustee
Genger Charles
Trustee
Gloria Banks
Trustee
Jay Desmarteau
Trustee
Jeff Witherspoon
Trustee
Jim Triggs
Trustee
Jo Ann Barefoot
Trustee
Kristen Holt
Vice Chair
Kurt Grossheim
Treasurer
Mary Loftus
Trustee

Contractors

Jivanta Wealth Science Institute
IT Consulting
$332,398
Faegre Drinker Biddle & Reath LLP
Legal Consulting
$215,566
Hilltop Consultants Inc.
IT Consulting
$174,807
Harris Insights & Analytics
Survey
$132,200

Mission Statement

TO LEAD A NATIONAL MOVEMENT THAT BETTER EQUIPS AMERICANS TO MANAGE THEIR FINANCIAL FUTURES AND, IN TURN, ADVANCES THE ECONOMY AND OUR NATION AS A WHOLE. FOUNDED IN 1951, THE NATIONAL FOUNDATION FOR CREDIT COUNSELING (NFCC) IS THE OLDEST NONPROFIT DEDICATED TO IMPROVING PEOPLE'S FINANCIAL WELL-BEING. WITH 52 MEMBER AGENCIES AND OVER 1,200 NFCC CERTIFIED CREDIT COUNSELORS SERVING 50 STATES AND ALL U.S. TERRITORIES, OUR NFCC CERTIFIED CREDIT COUNSELORS ARE FINANCIAL ADVOCATES, EMPOWERING MILLIONS OF CONSUMERS TO TAKE CHARGE OF THEIR FINANCES THROUGH ONE-ON-ONE FINANCIAL REVIEWS THAT ADDRESS CREDIT CARD DEBT, STUDENT LOANS, HOUSING DECISIONS, AND OVERALL MONEY MANAGEMENT.

Revisions to this organization profile

October 15, 2025:
2024 National Foundation for Credit Counseling Inc. 990 filed
November 5, 2024:
2023 National Foundation for Credit Counseling Inc. 990 filed
August 16, 2023:
2022 National Foundation for Credit Counseling Inc. 990 filed

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