1999 Annual Report

Mission Statement

Provide the best non-profit community service dedicated to delivering professional consumer credit education, confidential counseling, and debt reduction programs to all segments of the community regardless of ability to pay.

Consumer Credit Counseling Service® of Central Indiana, Inc. is a non-profit community service delivering professional consumer credit and home ownership education, confidential counseling and debt repayment programs. CCCSCI is an accredited member of the National Foundation for Credit Counseling (NFCC).

Message from the President

In 1999, Consumer Credit Counseling Service® of Central Indiana recognized the growing changes in the credit counseling industry and seized this unique opportunity to prepare for the future. We spent the year immersed in evaluation and strategic planning in order to lay the foundation for the agency of the future. Services were enhanced along the way to provide better services to clients and creditors. On-line counseling was offered for the first time to accommodate people's busy lifestyles. We made a major step into the technology age by preparing the web site: www.cccsmidwest.org.

CCCS® of Central Indiana continues to fill the needs of many in our communities who require assistance with their financial well-being. It is a service that we have been providing for 34 years. In 1999, we provided counseling, whether face-to-face, telephone, or on-line to over 5,900 people. In order to serve more communities, offices were opened in Greenwood and Noblesville. In the face of ever growing competition from the private sector, we disbursed over $16 million to creditors on behalf of our clients. CCCS® of Central Indiana recognizes the growing diversity of the communities we serve. We were able to provide services for both the deaf community and the Spanish speaking population. CCCS® of Central Indiana continues to provide educational programs of unparalleled quality. The agency provided educational programs to over 10,000 people.

All of these accomplishments speak well of this dedicated staff that delivers these community services throughout the year. The staff of Consumer Credit Counseling Service® of Central Indiana is comprised of dedicated individuals who strive to make their community a better place.

As board president over the past year, it has been both a privilege and a pleasure to work with my fellow board members and staff of Consumer Credit Counseling Service® of Central Indiana. I wanted to make a difference throughout Central Indiana. Together we have begun to build a stronger future for all.

George W. Hopper
President, Board of Directors

Board of Directors

President
George Hopper

Hopper, Galliher & Tucker P.C.
  Vice President
Jacqueline Blackwell

IU School of Education
Secretary
Michael Mackin

A.G. Edwards & Sons
  Treasurer
Steven Imler, CPA

Ent & Imler CPA Group Prof. Corp.

Members

Laurie Blackburn
USA Group Loan Services
Linda R. Carmody
Better Business Bureau, Inc.
James Doyle
Teachers' Credit Union
Robert W. Frazier
Consultant
Richard King
Indiana State Medical Association
Hal Levine
Eli Lilly & Company
Gary L. Myers
Assurance Partners Bank
David Phillipy
Olive LLP
Don Spade
CSC Credit Services


Dedicated Staff

Maria Armstrong Chuck Ashley Rebecca Baire
Lalena Brigance Bidisha Chatterjee Douglas Chokey
Janet Dankert Jason Engle Leigh Evans
Joe Fleming Sheila Focks Mike Fuller
Lorri Mackins Daniel McMillan Laurie Miles
Nadia Miller Michelle Minch David Palmieri
Lisa Piercefield Cindy Pratt Lisa Pratt
Lydia Ragland Susan Reed Jean Reidy
Holly Ringler Thomas Russell Inelda Seaman
Kenneth Shidler Shirley Simmons Shannan Simon
Robbin Speed Stacy Stuber Mary Lee Traylor
Lora Lu Williams Kristin Burch Melinda Wright

Adjunct Staff

Kim Cowie Angie Grimm Amy Hopper
Karen Largent Amy McCleery Anita Phelps
  Angie Reutepohler  

Executive Director Associate Executive Director
Marcele Everest Judith Lichtenberg

1999 Financial Statement*

Revenue
    Creditor Service Fee
$1,615,727
    Client Reimbursements
$500,478
    Other Income
$86,113
    TOTAL
$2,202,318
 
Operating Expenses ($2,141,648)
Other Income, Expenses, Adjustments ($24,454)
Net Income (Loss) $36,216
*Unaudited figure

Highlights from 1999

  • Participated as first NFCC agency in self assessment through Lilly Endowment Grant to the Center for Non-profit Boards.
  • Teamed with Cleveland in developing new strategic plans.
  • Certified an additional counselor so 90% of eligible counselors and adjunct staff are certified.
  • Increased number of active DSP clients by 2.3% to 4,336.
  • Opened offices in Greenwood and Noblesville.
  • Returned $16.5 million to creditors, an increase of 10.4% over 1998.
  • Installed a TTY line and equipment to better serve deaf clientele.
  • Began counseling in Spanish.
  • Conducted 404 education presentations, an increase of 33% over 1998.
  • Produced a new orientation video for the Debt Solver Plan with closed captioning in both English and Spanish.
  • Conducted 84 media interviews.
  • Conducted six first-time homebuyer workshops for 165 participants.
  • Sponsored "Money Talks" on Channel 8, a series of educational messages about money management and wise use of credit.
  • Participated in 18 major events such as health fairs, employee fairs, homebuyer fairs, open houses and trade schools.
  • Sponsored Local Source in the Yellow Pages to provide 25 prerecorded messages on money & credit topics.


1999 Client & Debt Solver Plan Data

Information Calls 12,346
Appointments Seen 5,916
DSP Clients (as of 12/31/99) 4,336
Successful Completions 363
Financial Counseling Clients 1,589
Housing Appoitments Seen 803

Disbursements to Creditors

A Client's Story

During the course of a day, you may meet me many times and not even know it. I may be the bus driver picking up your children for school, or your server at lunch. I may be your co-worker or the cashier at your grocery. I may be a professional that has provided you services. However, something you may not have known about me is that I am a client of Consumer Credit Counseling Service® of Central Indiana.

I had gotten behind on my bills because of no money management training, my divorce and/or extreme medical bills. No matter what the reason, I was at a loss on how to deal with my debts. Then a friend told me about Consumer Credit Counseling Service® of Central Indiana. I made an appointment and met with a certified consumer credit counselor. The counselor reviewed my income and expenses and devised a plan where I could meet my living expenses and my debt payments, too. I owed 11 creditors an outstanding debt of $31,983. My counselor negotiated with my creditors to work out a debt repayment plan.

I am glad that I came to Consumer Credit Counseling Service® of Central Indiana. Not only am I paying off my creditors but I was able to learn how to better manage my money. I am learning that it is not an overnight fix but it is well worth the time. I am also showing my child that anything worthwhile is worth the work. My child thinks that I am pretty special, too. Because we are learning better money management we will soon be able to buy our first home.


Client Profile



Content of Presentations

Budgeting - 148
Credit Problems - 104
Creditor/Promotional - 44
Establishing Credit - 36
Other Subjects: Kids & Money, Y2K, Money Skills, etc. - 22
Buying Decisions - 21
Housing - 11

Building for the Future

Any successful building project must first start with a solid foundation. For CCCSCI, the solid base is the development effort that was established in 1998 to support our quality education programs. Throughout 1999, we built upon our early efforts to establish a solid campaign.

In 1999, we did an annual appeal and secured sponsors for various programs. The annual appeal campaign generated a total of $4,545 for the year. The sponsorship campaign generated $18,969 and included sponsors for Credit College, The Road Home, dollars & $ense newsletter, and educational materials. The total amount generated was $23,514, which was an increase of 121 percent over 1998. The development effort is working toward building a stronger future for CCCSCI and the clients we serve.

The donations and support of individuals and corporations were crucial in our efforts to provide training and assistance to individuals throughout Central Indiana. We sincerely appreciate the response from our 1999 donors and hope you will continue to help us make a difference in our communities.

Laurie Blackburn
Chair, Resource Committee


1999 Contributions

Ameriana Savings Bank Anderson University Bank One, Indiana
Bedford Federal Savings Bank Best Buy Jacqueline Blackwell
Thomas Burke Civitas Bank Black-Carmichael-Klein Lumber Co.
Linda Carmody Collection Associates Inc. CP Morgan
Crossman Communities, Inc. CWI CPI Dow Employees Credit Union
Marcele Everest Fannie Mae Foundation Fifth Third Bank of Central Indiana
Firststar Frisch & Associates Dorothea S. Green
Golden Rule Insurance Co. Beverlyn Grace-Odeleye Harding, Dahm & Co.
Jay Harmon Henry C. Smither Roofing Co., Inc. Angie Herrman
Hopper & Galliher Hoover Family Foundation Karis Klassen
Hal Levine Judith Lichtenberg Louise Litwack
Michael Mackin Angela Mager Myra Mason
Morris L. Maurer Mortgage Credit Services National Bank - Indpls.
Olive LLP David Palmieri Peoples Bank & Trust Co.
Personal Finance David Phillipy Brian Popp
Patrick Rafferty Stanley Rees Denise Royal
George A. Rubin Sears Simmons & Brake CPA
Southern Indiana OB/GYN Cassandra Stockamp Stacy Stuber
Teachers' Credit Union Patricia Trent Trimble & Jewell
Union Federal Savings Bank Union Planters USA Group Inc.
WGE Federal Credit Union William Wagner Phyllis K. Watson
 

Counseling Sites

Anderson
(765) 640-0119
Bedford
Hoosier Uplands

(800) 827-2219
Also serving Mitchell, Paoli, Salem & Shoals
Bloomington
(812) 333-6083
Columbus
(812) 372-1015
Connersville
(888) 711-7227
Covington
Community Action Program
(765) 793-4881
Crawfordsville
Community Action Program
(765) 362-4096
Greensburg
(812) 662-6458
Greenwood
(317) 865-4979
Indianapolis
(317) 266-1300
Jasper
Tri-Cap
(812) 482-2233
Madison
(812) 752-3146
Marion
Affordable Housing Corp. of Marion
(765) 664-5194
Muncie
(765) 284-7154
New Castle
(765) 533-6390
Noblesville
(317) 776-3480
Scottsburg
Ohio Valley Opportunities, Inc.
(812) 752-3146
Seymour
(812) 532-3760
  Terre Haute
(812) 232-1803
 

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