National Association Of Consumer Bankruptcy Attorneys Inc is located in Washington, DC. The organization was established in 1994. According to its NTEE Classification (I03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Crime & Legal-Related and related organizations. As of 06/2022, National Association Of Consumer Bankruptcy Attorneys Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Association Of Consumer Bankruptcy Attorneys Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, National Association Of Consumer Bankruptcy Attorneys Inc generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $1.4m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVOCATE FOR THE RIGHTS OF CONSUMER BANKRUPTCY DEBTORS AND ASSISTING THE NEEDS OF CONSUMER BANKRUPTCY DEBTOR ATTORNEYS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MONITORING OF BANKRUPTCY RELATED LEGISLATION, INCLUDINGDISTRIBUTION OF INFORMATION TO MEMBERS. WHEN NECESSARY, WILLENGAGE IN LOBBYING ACTIVITIES TO INFLUENCE LEGISLATIVE POLICYWHICH IMPACTS CONSUMER BANKRUPTCY DEBTORS AND ATTORNEYS.
WEBSITE/COLLABORATIVE WORK ENVIRONMENT TO FACILITATE COMMUNICATIONS TO MEMBERS AND OTHER RELATED PARTIES INTERESTED IN THE FIELD AND THE DEVELOPMENT OF CONSUMER BANKRUPTCY.
LITIGATION ASSISTANCE - ASSIST CONSUMER DEBTORS' ATTORNEYS INLITIGATION ACTIVITIES ON BEHALF OF THEIR CLIENTS. INCLUDESSUBMISSION OF "AMICUS BRIEFS".
CONFERENCES - ANNUAL AND SPECIAL CONFERENCES TO PROVIDEEDUCATIONAL SEMINARS AND RELATED MEETINGS FOR CONSUMERBANKRUPTCY ATTORNEYS AND MEMBERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John C Colwell President/director | OfficerTrustee | 10 | $0 |
Eugene Melchionne Vice President/director | OfficerTrustee | 5 | $0 |
Richard H Nemeth Secretary/director | OfficerTrustee | 5 | $0 |
Edward Boltz Director | Trustee | 5 | $0 |
Carol Colliersmith Director | Trustee | 5 | $0 |
Jenny Doling Director | Trustee | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $391,549 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $78,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $469,549 |
| Total Program Service Revenue | $621,864 |
| Investment income | $41 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $64,800 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,156,254 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $209,659 |
| Pension plan accruals and contributions | $6,251 |
| Other employee benefits | $0 |
| Payroll taxes | $17,100 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,405 |
| Fees for services: Lobbying | $97,500 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $174,243 |
| Advertising and promotion | $26,545 |
| Office expenses | $127,826 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,043 |
| Travel | $2,296 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $605,255 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $16,236 |
| All other expenses | $1,416 |
| Total functional expenses | $1,351,221 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $473,202 |
| Savings and temporary cash investments | $297,709 |
| Pledges and grants receivable | $78,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $214 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $849,125 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $849,125 |
| Total liabilities and net assets/fund balances | $849,125 |