2011-06-10T10:17:10-05:00 2010-12-31 LOVE SCHERLE & BAUER PC 310 GRANT STREET SUITE 1020 PITTSBURGH PA 152192295 990 2010-01-01 251201741 ADVANTAGE CREDIT COUNSELING SERVICE INC ADVA 4123901300 2403 SIDNEY STREET NO 400 PITTSBURGH PA 15203 STEPHEN J PIOTROWSKI 4123901300 2011-06-02 1 CARL R BAUER 4122818270 2010 2016-02-24 21:20:13Z STEPHEN J PIOTROWSKI 2403 SIDNEY STREET PITTSBURGH PA 15203 5406347 0 X WWW.ADVANTAGECCS.ORG X 1968 PA THE ORGANIZATION OFFERS EDUCATION AND PROFESSIONAL CREDIT COUNSELING SERVICES TO THE PUBLIC. 22 20 66 0 0 0 2927714 2589274 2183945 2173756 -812517 155246 0 0 4299142 4918276 51500 51500 0 0 2784781 2826728 0 0 5323 1737923 1899562 4574204 4777790 -275062 140486 5542002 6088884 235065 257732 5306937 5831152 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 2324297 1007116 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 AND HERO RESCUE LOAN. THE AGENCY COUNSELS FIRST TIME HOMEBUYERS ON THE ENTIRE HOME BUYING PROCESS AND PROVIDES REVERSE MORTGAGE COUNSELING TO SENIOR HOMEOWNERS. THE AGENCY PROVIDES EDUCATIONAL AND ADMINISTRATIVE SUPPORT FOR UTILITY COMPANIES ENERGY ASSISTANCE PROGRAMS; THESE PROGRAMS ARE GEARED TO LOW AND MODERATE INCOME CONSUMERS. 879456 779850 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 AND RESCUE LOANS. 635681 386790 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. 3839434 1 1 0 1 0 0 0 1 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 66 1 0 0 0 0 0 0 0 0 0 0 X 22 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA NM X NICHOLAS FORTUNATO 4123901300 2403 SIDNEY STREET ROOM 400 PITTSBURGH PA 15203 G LYNN LOVELL 4.00 X 0 0 0 TOM SIMMERMON 4.00 X 0 0 0 KAREN LEITZE 4.00 X 0 0 0 ROBERT SCHULER 4.00 X 0 0 0 STEPHEN J PIOTROWSKI 40.00 X X X 163336 0 33243 CHARLES BENNETT 2.00 X 0 0 0 JOSEPH COSETTI 2.00 X 0 0 0 BILL FLANAGAN 2.00 X 0 0 0 ED GRAF 2.00 X 0 0 0 SADIE JOHN KROECK 2.00 X 0 0 0 DEBORAH LIPPERT 2.00 X 0 0 0 LOTA E MITCHEL 2.00 X 0 0 0 TOM POLLACK 2.00 X 0 0 0 DONALD PRINGLE 2.00 X 0 0 0 ROBERT RAPHAEL 2.00 X 0 0 0 SAMUEL E SARNICKE 2.00 X 0 0 0 NANCY L SKEANS 2.00 X 0 0 0 EDWARD C WACHTER JR 2.00 X 0 0 0 ANTHONY R SAVANNAH 2.00 X 0 0 0 FREDERICK O'BRIEN 2.00 X 0 0 0 MIKE CLARK 2.00 X 0 0 0 EVAN C OGRODNIK 2.00 X 0 0 0 MARY LOFTUS 40.00 X 98585 0 11800 GARY VOLMER 40.00 X X 119500 0 21118 381421 0 66161 2 0 1 0 GIANT IDEAS 101 WOOD STREET PITTSBURGH PA 15222 ADVERTISING 322750 UPMC BOX 371842 PITTSBURGH PA 15250 HEALTH INSURANCE PREMIUMS 275699 RJ EQUITIES 2403 SIDNEY ST SUITE 200 PITTSBURGH PA 15222 RENT 235043 COMCAST SPOTLIGHT PO BOX 8500-53003 PHILADELPHIA PA 19178 ADVERTISING 204446 MARKETING DIRECTORY SERVICES 7708 STATE RD 52102 SUITE 1 HUDSON FL 34667 MARKETING 142023 5 856913 1732361 2589274 CLIENT FEES 900099 1340674 1340674 LOW INCOME UTILITY PRO 900099 446292 446292 BANKRUPTCY COUNSELING 900099 386790 386790 2173756 97690 97690 545627 488071 57556 57556 57556 4918276 2173756 0 155246 51500 51500 381421 218085 163336 1844291 1569260 270970 4061 137275 110238 26787 250 301555 242162 58843 550 162186 130242 31648 296 21400 21400 50292 50292 867330 797152 70178 227778 180644 47134 292229 261124 30939 166 9344 4685 4659 52831 36301 16530 56359 56359 CONTRACT SERVICES 207385 172514 34871 DATA AND VOICE COMMUNIC 68824 65407 3417 MEMBERSHIP AND SUBSCRIP 45790 120 45670 4777790 3839434 933033 5323 959810 940332 205551 234061 59779 70862 767931 662223 114648 105708 4202214 4737921 5542002 6088884 189011 211765 46054 45967 235065 257732 X 5293986 5818682 12951 12470 5306937 5831152 5542002 6088884 X 140486 383729 X X 0 1 1 X 1 1 X 3509577 3267401 2449200 2927714 2173756 14327648 347124 456112 1857005 2183945 2589274 7433460 3856701 3723513 4306205 5111659 4763030 21761108 0 0 0 21761108 122208 101715 123611 85940 97690 531164 122208 101715 123611 85940 97690 531164 18534 8491 27025 3997443 3833719 4429816 5197599 4860720 22319297 0.97500 0.97270 0.02380 0.02500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 1 669910 29735467 29832432 572945 0 7330 6441 889 760601 655782 104819 105708 ADVANCED PROGRAM FUNDS 12118 DEFERRED COMPENSATION 33849 45967 4918276 4777790 140486 383729 383729 524215 5302005 383729 383729 4918276 0 4918276 4777790 0 4777790 0 4777790 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. PART X, DEFERRED COMPENSATION - THE ORGANIZATION HAS ESTABLISHED A DEFERRED COMPENSATION PLAN FOR CERTAIN KEY EMPLOYEES. 1 JUNIOR ACHIEVEMENT OF WESTERN PENNSYLVANIA INC 120 MARSHALL DRIVE PITTSBURGH PA 15212 250983059 51500 FINANCIAL EDUCATION PROGRAMS 1 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE FUNDS ARE GIVEN TO JUNIOR ACHIEVEMENT OF WESTERN PENNSYLVANIA, INC. TO SUPPORT THE OVERALL OPERATING COSTS OF PROVIDING FINANCIAL LITERACY EDUCATION TO GRADE SCHOOL AND HIGH SCHOOL STUDENTS. X X X X 0 1 0 0 0 0 0 0 0 STEPHEN J PIOTROWSKI 137500 0 25000 0 836 0 21372 0 11871 0 196579 0 191915 0 SUPPLEMENTAL INFORMATION PART III PART 1, QUESTION 4B - STEPHEN PIOTROWSKI WAS PROVIDED WITH A NON ELECTIVE SUPPLEMENTAL DEFERRED AWARD OF $10,000 MCCANN GARLAND RIDALL & BURKE ENTITY OWNED IN EXCESS OF 5% BY CURRENT DIRECTOR, EDWARD C. WACHTER, JR. 42403 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 TWO (2) MEMBERS EMERITI. THE EXECUTIVE COMMITTEE IS COMPOSED OF THE CHAIR, PRESIDENT, CHAIR OF THE FINANCE COMMITTEE OF THE ORGANIZATION AND EIGHT (8) 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 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 2010, AND FOR CERTAIN OTHER OFFICERS AND KEY EMPLOYEES IN 2010 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 383,729. FORM 990, PART XII, LINE 2C: THE PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.