IBJNews

NFP of NOTE: Momentive Consumer Credit Counseling Services

Back to TopCommentsE-mailPrintBookmark and Share
Not-For-Profit of Note


Momentive Consumer Credit Counseling Services


615 N. Alabama St., Suite 134
Phone: (317) 266-1300; toll-free: (888) 711-7227
Fax: (317) 266-1315
Web site: www.momentive.org
Founded: 1964
Paid employees: 26
Highest-paid staff member: Kathryn Perron, president, $70,000
Top volunteers: Momentive does not use volunteers.

MISSION
                    
Change lives by helping people gain financial stability through education and counseling.

BOARD OF DIRECTORS

Chip McLean, chairman
Senghor Manns, treasurer
Ann Summer, secretary
Linda R. Carmody, past chairwoman
Michael Mackin
Andrew Mattingly
Mildred A. Motley
Curt Wiley

PROGRAMS

Budget counseling: helps families and individuals establish budgets, set financial goals, learn about savings and checking accounts
Debt management: sets up repayment programs with unsecured creditors, establishes lower monthly payments, allows repayment of entire debt in 60 months or less, provides an alternative to bankruptcy
Pre-filing bankruptcy counseling and education: as approved by the U.S. Department of Justice
Housing counseling: educates consumers before or after buying a home, or reverse mortgage, includes foreclosure prevention
Consumer credit: interprets reports, resolves disputes, or corrects reports to improve credit scores

FUND-RAISER

none


FINANCIAL PROFILE

2007 income: $1,643,343
2007 expenses: $1,689,955
2007 assets: $289,245

2008 projected income: $1,705,327
2008 projected expenses: $1,671,169
Fiscal year begins: Jan. 1

2007 income

Contributions: 32 percent
Grants: 33 percent
Fees: 35 percent

2007 expenses

Salaries and benefits: 61 percent
Rent/utilities: 29 percent
Supplies: 7 percent
Certification education: 3 percent

 

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. John, unfortunately CTRWD wants to put the tank(s) right next to a nature preserve and at the southern entrance to Carmel off of Keystone. Not exactly the kind of message you want to send to residents and visitors (come see our tanks as you enter our city and we build stuff in nature preserves...

  2. 85 feet for an ambitious project? I could shoot ej*culate farther than that.

  3. I tried, can't take it anymore. Untill Katz is replaced I can't listen anymore.

  4. Perhaps, but they've had a very active program to reduce rainwater/sump pump inflows for a number of years. But you are correct that controlling these peak flows will require spending more money - surge tanks, lines or removing storm water inflow at the source.

  5. All sewage goes to the Carmel treatment plant on the White River at 96th St. Rainfall should not affect sewage flows, but somehow it does - and the increased rate is more than the plant can handle a few times each year. One big source is typically homeowners who have their sump pumps connect into the sanitary sewer line rather than to the storm sewer line or yard. So we (Carmel and Clay Twp) need someway to hold the excess flow for a few days until the plant can process this material. Carmel wants the surge tank located at the treatment plant but than means an expensive underground line has to be installed through residential areas while CTRWD wants the surge tank located further 'upstream' from the treatment plant which costs less. Either solution works from an environmental control perspective. The less expensive solution means some people would likely have an unsightly tank near them. Carmel wants the more expensive solution - surprise!

ADVERTISEMENT