2015-06-08T08:12:52-05:00 2014-12-31 251777567 LOVE SCHERLE & BAUER PC 310 GRANT STREET SUITE 1020 PITTSBURGH PA 152192295 990 2014-01-01 251201741 ADVANTAGE CREDIT COUNSELING SERVICEINC ADVA 4123901300 2403 SIDNEY STREET NO 400 PITTSBURGH PA 15203 STEPHEN J PIOTROWSKI PRESIDENT 4123901300 2015-06-08 1 CARL R BAUER P00295610 4122818270 2014 2016-02-25 16:41:14Z STEPHEN J PIOTROWSKI 2403 SIDNEY STREET PITTSBURGH PA 15203 3731436 0 X WWW.ADVANTAGECCS.ORG X 1968 PA THE ORGANIZATION OFFERS EDUCATION AND PROFESSIONAL CREDIT COUNSELING SERVICES TO THE PUBLIC. 15 13 28 0 0 0 1921368 1470350 1047856 865518 583727 397023 0 0 3552951 2732891 0 0 0 0 1779947 1703015 0 0 7072 1256991 1148317 3036938 2851332 516013 -118441 7136470 6905852 402950 385049 6733520 6520803 X AS A NONPROFIT ORGANIZATION, THE AGENCY PROVIDES MEANINGFUL, PROFESSIONAL AND CONFIDENTIAL CONSUMER EDUCATION AND BUDGET/CREDIT COUNSELING AND DEVELOPS EFFECTIVE DEBT REDUCTION PROGRAMS FOR ALL SEGMENTS OF THE COMMUNITY. THE AGENCY EDUCATES CONSUMERS ABOUT WISE MONEY MANAGEMENT AND THE RESPONSIBLE USE OF CREDIT. 0 0 1353936 739376 ADVANTAGE CREDIT COUNSELING SERVICE, INC. PROVIDES CREDIT-COUNSELING AND EDUCATIONAL SERVICES TO THE PUBLIC. SINCE ITS INCEPTION, THE AGENCY HAS ASSISTED THOUSANDS OF CLIENTS IN DEVELOPING A BUDGET, DETERMINING OPTIONS FOR REPAYING DEBTS AND WHEN APPROPRIATE, ADMINISTERING A DEBT MANAGEMENT PROGRAM. THE AGENCY ALSO PROVIDES FINANCIAL LITERACY EDUCATION TO ITS CLIENTS AND THE PUBLIC. ADDITIONALLY, THE AGENCY IS APPROVED BY HUD AND THE PENNSYLVANIA HOUSING FINANCE AGENCY TO PROVIDE COMPREHENSIVE HOUSING COUNSELING SERVICES. THIS INCLUDES COUNSELING PENNSYLVANIA HOMEOWNERS IN THREAT OF FORCLOSURE ON VARIOUS LOSS MITIGATION OPTIONS, INTERVENING WITH THEIR MORTGAGE LENDERS AND ASSISTING WITH APPLICATIONS FOR THE STATE'S HOMEOWNERS EMERGENCY MORTGAGE ASSISTANCE PROGRAM. THE AGENCY COUNSELS FIRST TIME HOMEBUYERS ON THE ENTIRE HOME BUYING PROCESS AND PROVIDES REVERSE MORTGAGE COUNSELING TO SENIOR HOMEOWNERS. 592549 0 THE AGENCY IS APPROVED THROUGH THE PENNSYLVANIA HOUSING FINANCE AGENCY TO PROVIDE LOSS MITIGATION COUNSELING UNDER THE NATIONAL FORECLOSURE MITIGATION COUNSELING PROGRAM. THE AGENCY PROVIDES COUNSELING AND EDUCATION FOR HOMEOWNERS IN THREAT OF FORECLOSURE, AS WELL AS INTERVENTION WITH LENDERS REGARDING LOSS MITIGATION OPTIONS SUCH AS LOAN MODIFICATIONS. THE AGENCY ALSO ASSISTS THESE HOMEOWNERS IN APPLYING FOR STATE EMERGENCY LOANS. 184137 126142 THE AGENCY IS APPROVED BY THE EXECUTIVE OFFICE FOR THE UNITED STATES TRUSTEES TO PROVIDE PRE-FILING BANKRUPTCY COUNSELING AND PRE-DISCHARGE BANKRUPTCY EDUCATION. CONSUMERS CONTEMPLATING BANKRUPTCY MUST FIRST HAVE COUNSELING THROUGH AN APPROVED NON-PROFIT PROVIDER AS PRESCRIBED BY THE BANKRUPTCY ABUSE PREVENTION AND CONSUMER PROTECTION ACT OF 2005. 9950 THE AGENCY PROVIDES EDUCATIONAL AND ADMINISTRATIVE SUPPORT FOR UTILITY COMPANIES ENERGY ASSISTANCE PROGRAMS; THESE PROGRAMS ARE GEARED TO LOW AND MODERATE INCOME CONSUMERS. 9950 2140572 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 5 0 28 1 0 0 0 0 0 0 0 0 0 0 X 15 13 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA AK CA CT FL IL KY MD ME MA MI MN NJ NY NC ND NM OK OR SC TN UT WA WV X STEPHEN J PIOTROWSKI 4123901300 2403 SIDNEY STREET PITTSBURGH PA 15203 G LYNN LOVELL DIRECTOR 2.00 X 0 0 0 ROBERT SCHULER TREASURER 4.00 X 0 0 0 STEPHEN J PIOTROWSKI PRESIDENT & CEO 40.00 X X 191167 0 30240 CHARLES BENNETT DIRECTOR 2.00 X 0 0 0 JOSEPH COSETTI DIRECTOR 2.00 X 0 0 0 EDWARD GRAF DIRECTOR 2.00 X 0 0 0 SADIE JOHN KROECK 2ND VICE CHAIR 2.00 X 0 0 0 DONALD PRINGLE DIRECTOR 2.00 X 0 0 0 NANCY L SKEANS BOARD CHAIRPERSON 4.00 X 0 0 0 EDWARD C WACHTER JR DIRECTOR 2.00 X 0 0 0 FREDERICK O'BRIEN 1ST VICE CHAIR 4.00 X 0 0 0 MIKE CLARK DIRECTOR 2.00 X 0 0 0 CHRIS CULLEN DIRECTOR 2.00 X 0 0 0 ANNE N JOHN DIRECTOR 2.00 X 0 0 0 EVAN C OGRODNIK DIRECTOR 2.00 X 0 0 0 MARY LOFTUS SECRETARY AND ORG. VP 40.00 X 118844 0 13916 GARY VOLMER ASSIST. SEC. AND ORG. VP 40.00 X 135144 0 23163 445155 0 67319 3 0 1 0 UPMC BOX 371842 PITTSBURGH PA 15250 HEALTH INSURANCE PREMIUMS 148111 RJ EQUITIES 2403 SIDNEY ST SUITE 200 PITTSBURGH PA 15222 RENT 143885 2 375073 1095277 1470350 CLIENT FEES 900099 739376 739376 BANKRUPTCY COUNSELING 900099 126142 126142 865518 153998 153998 1241570 998545 243025 243025 243025 2732891 865518 0 397023 445155 253988 191167 910122 765613 138902 5607 89337 69485 19622 230 163725 135317 27810 598 94676 73996 20263 417 47651 47651 17375 17375 381809 351264 30545 129627 108049 21578 199089 171480 27389 220 16247 6981 9266 47725 44095 3630 34634 34634 CONTRACT SERVICES 123658 101837 21821 DATA AND VOICE COMMUNIC 60979 58037 2942 LICENSE, REGISTRATION A 51023 80 50943 MEMBERSHIP AND SUBSCRIP 38500 350 38150 2851332 2140572 703688 7072 762671 726421 81917 79031 92767 107239 1036909 843520 161655 193389 6037460 5799772 7136470 6905852 221311 159333 181639 225716 402950 385049 X 6701989 6495220 31531 25583 6733520 6520803 7136470 6905852 -118441 -94276 0 X X 0 1 X 1 0 X 2589274 2094490 1816936 1921368 1470349 9892417 2173756 1739291 1277982 1047856 865517 7104402 4763030 3833781 3094918 2969224 2335866 16996819 0 0 0 16996819 97690 115500 130301 107215 153998 604704 97690 115500 130301 107215 153998 604704 150 400 550 4860720 3949431 3225619 3076439 2489864 17602073 0.96560 0.97350 0.03440 0.02640 X SCHEDULE A PART III SECTION B LINE 12 OTHER INCOME CONSISTS OF CLASS REGISTRATION FEES FOR 2011 AND 2012. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 333340 14726678 14781583 278435 0 77353 15462 61891 959556 828058 131498 193389 ADVANCED PROGRAM FUNDS 92050 DEFERRED COMPENSATION 133666 225716 X 2638615 -94276 -94276 2732891 0 2732891 2851332 0 2851332 0 2851332 PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR UNCERTAIN TAX POSITIONS UNDER THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES SUBTOPIC OF THE ASC. THIS SUBTOPIC CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBES RECOGNITION THRESHOLDS AND MEASUREMENT PRINCIPLES FOR FINANCIAL STATEMENT DISCLOSURE OF TAX POSITIONS TO BE TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. THE ORGANIZATION HAS REVIEWED ALL OPEN TAX YEARS (2011 - PRESENT) AND MAJOR JURISDICTIONS AND HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS REQUIRING AN ACCRUAL OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART IV, LINE 1B THE ORGANIZATION ARRANGES FOR MONTHLY PAYMENTS TO THE ORGANIZATION FROM ITS CLIENTS. THE ORGANIZATION ACTS AS A TRUSTEE FOR THESE FUNDS AND IS RESPONSIBLE FOR THE DISBURSEMENT OF THESE FUNDS TO THE CREDITORS OF THESE CLIENTS. PART X ADVANCED PROGRAM FUNDS - THE ORGANIZATION CONTRACTED WITH A UTILITY COMPANY TO ACT AS PROGRAM ADMINISTRATION FOR THE COMPANY'S SECURITY DEPOSIT HARDSHIP FUND. THE ORGANIZATION HAS RECEIVED ADVANCED FUNDING FOR THIS PROJECT. DEFERRED COMPENSATION - THE ORGANIZATION HAS ESTABLISHED A DEFERRED COMPENSATION PLAN FOR CERTAIN KEY EMPLOYEES. X X X X 0 1 0 0 0 0 0 0 0 STEPHEN J PIOTROWSKI PRESIDENT & CEO 150224 0 29200 0 11743 0 12732 0 17508 0 221407 0 0 0 GARY VOLMER ASSIST. SEC. AND ORG. VP 116148 0 16900 0 2096 0 9445 0 13718 0 158307 0 0 0 PART I, QUESTION 4B THE THREE OFFICERS LISTED IN PART VII WERE PROVIDED WITH NON ELECTIVE SUPPLEMENTAL DEFERRED AWARDS TOTALING $20,000. MCCANN GARLAND RIDALL & BURKE ENTITY OWNED IN EXCESS OF 5% BY CURRENT DIRECTOR, EDWARD C. WACHTER, JR. 47651 PROVIDES VARIOUS LEGAL SERVICES TO THE ORGANIZATION. 0 FORM 990, PART VI, SECTION A, LINE 1 IN ADDITION TO THESE VOTING MEMBERS OF THE BOARD, THE BOARD MAY, FROM TIME TO TIME, ELECT BOARD MEMBERS EMERITI, WHO WILL SERVE AS NON-VOTING MEMBERS OF THE BOARD. THE BOARD CURRENTLY HAS THREE (3) MEMBERS EMERITI. THE EXECUTIVE COMMITTEE IS COMPOSED OF THE CHAIR, PRESIDENT, CHAIR OF THE FINANCE/INVESTMENT COMMITTEE OF THE ORGANIZATION AND FIVE (5) OTHER DIRECTORS. THIS EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE THE AUTHORITY OF THE ORGANIZATION BETWEEN MEETINGS OF THE BOARD OF DIRECTORS; PROVIDED HOWEVER, THAT THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE AUTHORITY OF THE BOARD OF DIRECTORS IN REFERENCE TO ANY OF THE FOLLOWING MATTERS: -AMENDING, ALTERING OR REPEALING BYLAWS; -ELECTING, APPOINTING OR REMOVING ANY MEMBERS OF SUCH COMMITTEE OR ANY OTHER DIRECTOR OR OFFICER OF THE ORGANIZATION; -AMENDING THE ARTICLES OF INCORPORATION; -ADOPTING A PLAN MERGER OR ADOPTING A PLAN OF CONSOLIDATION WITH ANOTHER CORPORATION; AUTHORIZING THE SALE, LEASE, EXCHANGE OR MORTGAGE OF ALL OR SUBSTANTIALLY ALL OF THE PROPERTY AND ASSETS OF THE ORGANIZATION; -AUTHORIZING THE VOLUNTARY DISSOLUTION OF THE ORGANIZATION OR REVOKING PROCEEDINGS THEREFORE; -ADOPTING A PLAN OF DISTRIBUTION OF THE ASSETS OF THE ORGANIZATION; OR -AMENDING, ALTERING OR REPEALING ANY RESOLUTION OF THE BOARD OF DIRECTORS WHICH BY ITS TERMS PROVIDES THAT IT SHALL NOT BE AMENDED, ALTERED, OR REPEALED BY SUCH COMMITTEE. FORM 990, PART VI, SECTION A, LINE 2 SADIE KROECK AND ANNE JOHN - FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE 990 IS FIRST PROVIDED TO AND REVIEWED BY EACH MEMBER OF THE EXECUTIVE COMMITTEE AND THEN A COPY OF IT IS SENT TO EACH VOTING MEMBER OF THE FULL BOARD FOR REVIEW AND APPROVAL PRIOR TO FILING. IF ANY CHANGES THERETO ARE APPROVED BY THE FULL BOARD, A COPY OF THE FINAL FORM 990 AS ULTIMATELY FILED IS PROVIDED TO EACH VOTING MEMBER OF THE BOARD PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, AND MORE FREQUENTLY IN THE EVENT OF CHANGES IN SAID STATEMENT, ALL BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A WRITTEN CONFLICT OF INTEREST DISCLOSURE STATEMENT. DETERMINATIONS OF WHETHER A CONFLICT EXISTS ARE MADE BY THE PRESIDENT, OR IF A POTENTIAL CONFLICT IS RELATED TO THE PRESIDENT, BY THE EXECUTIVE COMMITTEE EXCLUDING THE PRESIDENT. ACTUAL CONFLICTS ARE REVIEWED BY THE FULL BOARD, WHICH MAY AT ITS DISCRETION IMPOSE APPROPRIATE RESTRICTIONS ON PERSONS WITH A CONFLICT, INCLUDING BUT NOT LIMITED TO PROHIBITIONS ON PARTICIPATING IN COMMITTEE OR FULL BOARD DELIBERATIONS AND DECISION IN THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY AND FROM TIME TO TIME AS THE BOARD DEEMS NECESSARY, FOR SUCH OFFICERS AND KEY EMPLOYEES AS THE COMMITTEE, OR AS RELATED TO KEY EMPLOYEES, AS THE PRESIDENT, DEEMS APPROPRIATE, THE COMPENSATION COMMITTEE OR THE PRESIDENT INVESTIGATES COMPENSATION PACKAGES OF PEER AGENCIES, REVIEWS THE INTERPLAY AND DOLLAR VALUE OF ALL COMPENSATION ARRANGEMENTS, REVIEWS THE ORGANIZATIONS CAPACITY TO SUPPORT PARTICULAR COMPENSATION LEVELS, OBTAINS LEGAL ADVICE AS TO LEGAL RESTRICTIONS ON COMPENSATION AND IF NECESSARY HIRE SPECIALISTS, REVIEW COST OF LIVING CONSIDERATIONS AND FINANCIAL CONDITIONS OF THE ORGANIZATION. THIS PROCESS WAS LAST UNDERTAKEN FOR THE PRESIDENT IN 2014, AND FOR CERTAIN OTHER OFFICERS AND KEY EMPLOYEES IN 2014 ALSO. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANICAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.