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Filing year 2024

NATIONAL FOUNDATION FOR CREDIT COUNSELING INC

Washington, District of Columbia·EIN 53-0132493·NTEE P51Z · Human Services·501(c)(3)
Total revenue
$8.6M
Total assets
$6.3M
Total expenses
$9M
Reported officers
25
Mission

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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2024

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

CEO
Above 90th percentilevs Human Services peers in District of Columbia
$662k
$704k
Base
$390k
Bonus
$118k
Other
Benefits
$17k
COO
Above 90th percentile
$383k
$407k
Base
$254k
Bonus
$60k
Other
Benefits
$9k
General Counsel
Highest Compensated Employee
75th to 90th percentilevs Human Services peers in District of Columbia
$219k
$232k
Base
$164k
Bonus
$15k
Other
Benefits
$25k
Vp, Finance & HR
Vice President
75th to 90th percentile
$205k
$218k
Base
$171k
Bonus
$8k
Other
Benefits
$25k
Cdo - Until 11/2024
75th to 90th percentile
$205k
$217k
Base
$168k
Bonus
$6k
Other
$23k
Benefits
$8k
Vp, Outreach & Inclusion
Board Vice President
75th to 90th percentile
$200k
$212k
Base
$178k
Bonus
$15k
Other
Benefits
$2k
Svp, Media Relations & Membership
Senior Vice President
25th percentile to median
$156k
$166k
Base
$138k
Bonus
$5k
Other
Benefits
$9k
Svp, Marketing
Senior Vice President
25th percentile to median
$146k
$155k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 17 unpaid individuals.

Browse compensation in Human Services

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at NATIONAL FOUNDATION FOR CREDIT COUNSELING INC equaled 7% of the organization's total expenses. The median for human services organizations is 8%.

This organization (2024)
7%
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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 25%
from 2023

From $529k in 2023 to $662k in 2024.

$529k
2023
$662k
2024
In today's dollarsEst.
Up 21% in real terms$580k to $704k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV 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 rose 25% from 2023 to 2024, while revenue fell 11%.

$529k in 2023 to $662k in 2024.
  • Chief Operating Officer pay fell 12% from 2023 to 2024.
  • Highest Compensated Employee pay rose 4% from 2023 to 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 NATIONAL FOUNDATION FOR CREDIT COUNSELING INC

What does the Chief Executive Officer of NATIONAL FOUNDATION FOR CREDIT COUNSELING INC earn?

In 2024, the Chief Executive Officer of NATIONAL FOUNDATION FOR CREDIT COUNSELING INC received $662,481 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Human Services organizations in District of Columbia: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NATIONAL FOUNDATION FOR CREDIT COUNSELING INC compare with similar nonprofits?

Compared with the same role at Human Services organizations in District of Columbia, the 2024 pay of the Chief Executive Officer at NATIONAL FOUNDATION FOR CREDIT COUNSELING INC falls in the top 10%. In 2024, the highest total compensation at NATIONAL FOUNDATION FOR CREDIT COUNSELING INC equaled 7% of the organization's total expenses. The median for human services organizations is 8%.

What are NATIONAL FOUNDATION FOR CREDIT COUNSELING INC's revenue and expenses?

In 2024, NATIONAL FOUNDATION FOR CREDIT COUNSELING INC reported $8.6M in total revenue and $9M in total expenses on its IRS Form 990.

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