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Filing year 2024

DEBT COUNSELING CORP

Port Jefferson, New York·EIN 11-3282205·NTEE P51 · Human Services·501(c)(3)
Total revenue
$52k
Total assets
$9k
Total expenses
$84k
Reported officers
7
Mission

It is the mission of Debt Counseling Corp to provide the highest quality of individual education on matters of interest to consumers related to debt, credit and financial management. We strive to treat each consumer as an individual with specific needs. This mission is accomplished through telephonic counseling sessions and outreach through the educational materials available on our website during this time period. It is our goal to teach consumers the skills they need to make better financial decisions not just in the short term but over their lifetime.Counseling is conducted by Certified Credit Counselors and is especially important for those in the lower to moderate income level of the population who might not otherwise have access to this help. The organization's counseling function includes teaching consumers how to have a better understanding of where and when they are spending their money and what can be done to better their financial situation. This allows consumers to take an

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Human Services organizations in New York.

President
10th to 25th percentile
$45k
$49k
Vp&corpsec/trea
Officer (Unspecified)
$4k
$5k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Browse compensation in Human Services

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at DEBT COUNSELING CORP equaled 54% of the organization's total expenses. The median for human services organizations is 8%.

This organization (2024)
54%
Sector median
8%
Middle half of sector
3% to 17%

Based on 26,698 human services organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 44%
from 2023

From $80k in 2023 to $45k in 2024.

$80k
2023
$45k
2024
In today's dollarsEst.
Down 46% in real terms$90k to $49k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 33% from 2023 to 2024, while revenue fell 54%.

$67k in 2023 to $45k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about DEBT COUNSELING CORP

What does the Chief Executive Officer of DEBT COUNSELING CORP earn?

In 2024, the Chief Executive Officer of DEBT COUNSELING CORP received $45,096 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Human Services organizations in New York, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at DEBT COUNSELING CORP compare with similar nonprofits?

Compared with the same role at Human Services organizations in New York, the 2024 pay of the Chief Executive Officer at DEBT COUNSELING CORP falls between the 10th and 25th percentiles. In 2024, the highest total compensation at DEBT COUNSELING CORP equaled 54% of the organization's total expenses. The median for human services organizations is 8%.

What are DEBT COUNSELING CORP's revenue and expenses?

In 2024, DEBT COUNSELING CORP reported $52k in total revenue and $84k in total expenses on its IRS Form 990.

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