Nonprofit · EIN 33-0770440
INCHARGE FINANCIAL SOLUTIONS
Tax-exempt · ORLANDO, FL 32819
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $15,025,410 | $15,018,843 | $6,567 | $8,464,175 | $2,299,213 | $6,164,962 |
| December 31, 2023 | 990 | $14,313,613 | $15,787,525 | -$1,473,912 | $8,338,382 | $2,230,656 | $6,107,726 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $5,390,140
- of which government grants
- $463,168
- Program service revenue
- $10,053,601
- Investment income
- -$418,331
- Net gain from sales of assets
- -$668,230
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $293
- Compensation of officers, directors and key employees
- $1,349,275
- Other salaries and wages
- $3,609,803
- Salaries, compensation and benefits (total)
- $5,920,919
- Professional fundraising fees
- $0
- Legal fees
- $9,247
- Accounting fees
- $58,698
- Occupancy
- $261,022
- Travel
- $21,012
- Depreciation
- $37,305
- Program services (functional)
- $13,982,390
- Management and general (functional)
- $1,002,970
- Fundraising (functional)
- $33,483
Balance sheet and other
- Total assets, start of year
- $8,338,382
- Total assets, end of year
- $8,464,175
- Total liabilities, end of year
- $2,299,213
- Net assets, end of year
- $6,164,962
- Land, buildings and equipment
- $295,998
- Publicly traded securities
- $5,607,380
- Net assets without donor restrictions
- $6,164,962
- Gross receipts
- $20,160,533
- Employees
- 110
- Volunteers
- 1
- Year formed
- 1997
- State of legal domicile
- NV
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LORETTA RONEY | PRESIDENT & CEO Officer | 49 | $388,723 | $0 | $26,032 |
| KAREN CARLSON INFORMATION MGMT | EDUCATION & DIGITAL MARKETING Key employee | 36 | $0 | $197,878 | $29,148 |
| SEIJI SHIRAISHI TREAS SEC | AS OF AUG., DIR. OF ACCTG. & FINANCE Officer | 45 | $0 | $174,751 | $30,192 |
| MICHAEL C LEON BOARD SEC | AND VP OF OPERATIONS UNTIL JUNE Officer | 45 | $184,601 | $0 | $10,120 |
| SASAN SALEH NASSAB | DIRECTOR OF QUALITY AND COMPLIANCE Highest-paid employee | 32 | $158,478 | $0 | $29,161 |
| MIRIAN NACCARATTO | DIR. OF HUMAN RESOURCES Key employee | 41 | $0 | $168,394 | $6,092 |
| BILLY SEXTON | DIRECTOR OF IT INFRASTRUCTURE Highest-paid employee | 45 | $0 | $149,443 | $17,248 |
| SHAWN WALSH | VP OF RELATIONSHIP UNTIL AUGUST Officer | 32 | $0 | $147,640 | $18,856 |
| NIDIA MERCADO DIR OF | INDUSTRY RELATIONS & CUST. SUPPORT Highest-paid employee | 45 | $116,873 | $0 | $22,042 |
| AHMED MOYEEN | SOFTWARE ENGINEER SENIOR Highest-paid employee | 45 | $0 | $123,012 | $15,108 |
| SHERANA BAKHSH | PMO/QUALITY ASSURANCE MANAGER Highest-paid employee | 45 | $0 | $116,181 | $8,098 |
| DAVID SANCHEZ SR VP CUST | EXP. & BUSINESS STRAT. AS OF OCT. Officer | 45 | $58,530 | $0 | $763 |
| SUSANNA KONDRACKI | TRUSTEE Trustee or director | 2 | $811 | $0 | $0 |
| PATRICIA WEXLER | BOARD CHAIR Trustee or director, Officer | 2 | $750 | $0 | $0 |
| CAREY TARBELL | TRUSTEE Trustee or director | 2 | $700 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFF TASSEY | TRUSTEE Trustee or director | 2 | $700 |
| MONIKA WILCZAK | TRUSTEE Trustee or director | 1 | $700 |
| BHAVESH VADHANI | TRUSTEE UNTIL FEBRUARY Trustee or director | 2 | $700 |
| ROBERT RUIZ | TRUSTEE Trustee or director | 1 | $700 |
| KRISTEN SOLES | TRUSTEE UNTIL SEPTEMBER Trustee or director | 2 | $700 |
| ROBERT GALL | TRUSTEE UNTIL FEBRUARY Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 23 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ETTA W MONEY | PRESIDENT & CEO UNTIL MAY Officer | 46 | $214,007 | $0 | $25,206 |
| LORETTA RONEY | PRESIDENT & CEO AS OF JUNE Officer | 36 | $224,219 | $0 | $9,006 |
| KAREN CARLSON | PRESIDENT OF EDUCATION FOUNDATION Key employee | 32 | $0 | $188,874 | $30,667 |
| MICHAEL C LEON BOARD SEC AS | OF JUNE AND VP OF OPERATIONS Officer | 45 | $188,315 | $0 | $16,061 |
| RICARDO VIERA SENIOR | DIRECTOR OF INFORMATION TECHNOLOGY Key employee | 36 | $0 | $158,659 | $30,396 |
| SHAWN WALSH | VICE PRESIDENT OF RELATIONSHIP Key employee | 36 | $0 | $154,226 | $32,350 |
| SEIJI SHIRAISHI BOARD TREAS | AND DIR. OF ACCOUNTING AND FINANCE Officer | 27 | $0 | $136,774 | $29,251 |
| SASAN SALEH NASSAB | DIRECTOR OF QUALITY AND COMPLIANCE Highest-paid employee | 27 | $120,352 | $0 | $28,605 |
| WILLIAM MALSEED | SECRETARY/TREASURER UNTIL MAY Officer | 41 | $129,815 | $0 | $10,387 |
| BILLY SEXTON | IT INFRASTRUCTURE MANAGER Highest-paid employee | 45 | $0 | $122,273 | $15,544 |
| NIDIA MERCADO DIRECTOR | OF QUALITY AND COMPLIANCE Highest-paid employee | 45 | $114,358 | $0 | $22,807 |
| AHMED MOYEEN | SOFTWARE ENGINEER SENIOR Highest-paid employee | 45 | $0 | $119,213 | $15,357 |
| SHERANA BAKHSH | PMO/QUALITY ASSURANCE MANAGER Highest-paid employee | 45 | $0 | $113,018 | $7,928 |
| SUSANNA KONDRACKI | TRUSTEE Trustee or director | 2 | $2,628 | $0 | $0 |
| ROBERT RUIZ | TRUSTEE Trustee or director | 2 | $1,725 | $0 | $0 |
| JEFF TASSEY | TRUSTEE Trustee or director | 2 | $1,661 | $0 | $0 |
| PATRICIA WEXLER | BOARD CHAIR Trustee or director | 2 | $1,615 | $0 | $0 |
| CAREY TARBELL | TRUSTEE Trustee or director | 2 | $1,615 | $0 | $0 |
| MONIKA WILCZAK | TRUSTEE AS OF MARCH Trustee or director | 2 | $722 | $0 | $0 |
| JAMES HARRIS | TRUSTEE UNTIL MARCH Trustee or director | 1 | $0 | $0 | $0 |
| BHAVESH VADHANI | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| KRISTEN SOLES | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| ROBERT GALL | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5750 MAJOR BLVD STE 300, ORLANDO, FL 32819-7971
- Principal officer (990 for 2024)
- LORETTA RONEY, 5750 MAJOR BLVD 300, ORLANDO, FL 32819
- Signed the 990
- LORETTA RONEY, CEO
- Phone
- (407) 291-7770
- Website
- WWW.INCHARGE.ORG
- Return prepared by
- JM&M
Mission
INCHARGE DEBT SOLUTIONS HELPS CONSUMERS ACHIEVE FINANCIAL BALANCE AND MOVE CLOSER TO THEIR DREAMS.
Program accomplishments
- CREDIT COUNSELING AND EDUCATION - THIS PROGRAM ASSISTS CONSUMERS IN MANAGING THEIR PERSONAL FINANCES THROUGH THE PROVISION OF SOLUTIONS-BASED CREDIT COUNSELING, BUDGET PLANNING, AND FINANCIAL EDUCATIONAL MATERIALS. SOLUTIONS-BASED COUNSELING IS DESIGNED TO FIND THE RIGHT SOLUTION FOR EACH DEBT DISTRESSED CONSUMER. NEARLY 62,430 FINANCIALLY DISTRESSED INDIVIDUALS RECEIVED CREDIT COUNSELING, AND FINANCIAL EDUCATIONAL MATERIALS DURING 2024. FINANCIAL EDUCATIONAL MATERIALS ASSIST CONSUMERS IN ACQUIRING AND IMPROVING MONEY MANAGEMENT SKILLS AND MANAGING CREDIT. CREDIT COUNSELING SERVICES ARE OFFERED IN PERSON FOR INDIVIDUALS RESIDING IN THE CENTRAL FLORIDA AREA, AND NATIONALLY OVER THE TELEPHONE AND THROUGH THE INTERNET.Expenses $9,312,805 · grants $172 · revenue $11,750
- DEBT MANAGEMENT - IDS OFFERS DEBT MANAGEMENT PROGRAMS TO ASSIST CONSUMERS IN PAYING OFF THEIR UNSECURED DEBTS AND TO BETTER MANAGE THEIR FINANCIAL OBLIGATIONS IN THE FUTURE. IDS PROCESSES DEBT PAYMENTS, ATTEMPTS TO SECURE A REDUCTION IN INTEREST RATES, AND ATTEMPTS TO ESTABLISH AFFORDABLE MONTHLY PAYMENTS ON THE CLIENTS' BEHALF. CLIENTS ARE PROVIDED INITIAL AND CONTINUING EDUCATIONAL ASSISTANCE THROUGH FINANCIAL EDUCATIONAL MATERIALS AND GUIDANCE IN FINANCIAL MATTERS AS DETERMINED BY THEIR NEEDS.Expenses $3,825,553 · grants $98 · revenue $9,216,438
- HOUSING COUNSELING AND EDUCATION - IDS IS A LOCAL U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD") APPROVED AGENCY IN THE STATE OF FLORIDA AND A MEMBER OF THE NATIONAL FOUNDATION FOR CREDIT COUNSELING ("NFCC"), WHICH ENABLES IDS TO SERVE CONSUMERS ON A NATIONWIDE BASIS. HOUSING COUNSELING SERVICES INCLUDE FORECLOSURE PREVENTION COUNSELING, HOMEBUYER EDUCATION, AND PRE-PURCHASE HOMEBUYER COUNSELING. FORECLOSURE PREVENTION COUNSELING IS DESIGNED TO PROVIDE EXISTING BORROWERS WITH INFORMATION AND ASSISTANCE NEEDED TO AVOID FORECLOSURE. PROGRAM HIGHLIGHTS INCLUDE BUDGET PLANNING, EVALUATION OF ELIGIBILITY FOR LOAN MODIFICATION, ASSESSMENT OF ABILITY TO SUSTAIN HOME OWNERSHIP, AND ALTERNATIVE HOUSING OPTIONS. HOMEBUYER EDUCATION IS DESIGNED TO BETTER PREPARE POTENTIAL HOMEOWNERS FOR HOMEOWNERSHIP. PARTICIPANTS EXAMINE THEIR HOUSING NEEDS, ANALYZE THEIR FINANCIAL SITUATION, AND LEARN STRATEGIES TO IMPROVE FINANCIAL MANAGEMENT IN AN EFFORT TO BETTER PREPARE FOR HOMEOWNERSHIP. PARTICIPANTS ALSO LEARN HOW TO SHOP FOR A HOME, OBTAIN A MORTGAGE AND PREPARE FOR LIFE AS A HOMEOWNER. PRE-PURCHASE HOMEBUYER COUNSELING, A PERSONAL ONE-ON-ONE SESSION, IS OFFERED TO PROVIDE EDUCATION AND TIPS TO ASSIST POTENTIAL HOMEBUYERS IN IMPROVING FINANCIAL MANAGEMENT SKILLS AND UNDERSTANDING ALTERNATIVE SOURCES OF FUNDING AND MORTGAGE OPTIONS. DURING 2024, APPROXIMATELY 8,021 HOUSING COUNSELING SESSIONS WERE CONDUCTED.Expenses $498,492 · grants $14 · revenue $682,362
- BANKRUPTCY COUNSELING AND DEBTOR EDUCATION - BANKRUPTCY LEGISLATION ENACTED BY CONGRESS IN 2005 REQUIRES INDIVIDUALS FILING FOR BANKRUPTCY TO COMPLETE A BANKRUPTCY CREDIT COUNSELING SESSION PRIOR TO FILING, AND AN INSTRUCTIONAL COURSE IN PERSONAL FINANCIAL MANAGEMENT (DEBTOR EDUCATION) PRIOR TO RECEIVING A BANKRUPTCY DISCHARGE. TO OFFER CONVENIENT, ON-DEMAND ACCESS TO THIS REQUIRED CONTENT, IDS PROVIDES INTERACTIVE WEB-BASED AND TELEPHONIC BANKRUPTCY CREDIT COUNSELING AND WEB-BASED DEBTOR EDUCATION PROGRAMS. BOTH PROGRAMS ISSUE CERTIFICATES TO INDIVIDUALS WHO COMPLETE EACH PROGRAM AS REQUIRED BY THE TITLE 11 BANKRUPTCY CODE. DURING 2024, APPROXIMATELY 7,265 CERTIFICATES WERE ISSUED TO BANKRUPTCY PETITIONERS EVIDENCING THEIR SUCCESSFUL COMPLETION OF THE BANKRUPTCY CREDIT COUNSELING SESSION AND THE PERSONAL FINANCIAL MANAGEMENT COURSE.Expenses $345,540 · grants $9 · revenue $143,051
- FINANCIAL LITERACY OUTREACH - IDS, IN CONJUNCTION WITH ITS SUPPORTING ORGANIZATION, INCHARGE EDUCATION FOUNDATION, CONDUCTS NUMEROUS FINANCIAL LITERACY WORKSHOPS, AND HOME BUYER EDUCATION CLASSES FOR THE GENERAL PUBLIC. THE GOAL OF EACH OUTREACH EVENT IS TO IMPROVE THE FINANCIAL CAPABILITIES OF ATTENDEES BY PROVIDING RELEVANT INFORMATION AND TOOLS CONCERNING PERSONAL FINANCE, MONEY MANAGEMENT, THE RESPONSIBLE USE OF CREDIT, AND THE HOME BUYING PROCESS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Check at the IRS |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 33-0770440
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1998
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P51)
- Assets (IRS master file)
- $10,816,784
- Income (IRS master file)
- $21,767,357
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $15,025,410 | $15,018,843 | $8,464,175 | XML |
| 990 | December 2023 | $14,313,613 | $15,787,525 | $8,338,382 | XML |
| 990 | December 2022 | $13,703,408 | $15,004,473 | $10,402,259 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 33-0770440).
Questions about INCHARGE FINANCIAL SOLUTIONS
- What is the EIN of INCHARGE FINANCIAL SOLUTIONS?
- The employer identification number (EIN) of INCHARGE FINANCIAL SOLUTIONS is 33-0770440.
- Is INCHARGE FINANCIAL SOLUTIONS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to INCHARGE FINANCIAL SOLUTIONS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INCHARGE FINANCIAL SOLUTIONS file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INCHARGE FINANCIAL SOLUTIONS due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INCHARGE FINANCIAL SOLUTIONS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of INCHARGE FINANCIAL SOLUTIONS?
- The 990 for the year ended December 31, 2024 names LORETTA RONEY.
- Who are the officers and directors of INCHARGE FINANCIAL SOLUTIONS?
- The 990 for the year ended December 31, 2024 lists 21 people; 13 received compensation from the organization, the highest $388,723 (LORETTA RONEY, PRESIDENT & CEO).
- How much revenue does INCHARGE FINANCIAL SOLUTIONS have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $15,025,410, expenses of $15,018,843 and total assets of $8,464,175 at year end.
Other nonprofits in ORLANDO
- PRESBYTERIAN RETIREMENT COMMUNITIES INC EIN 59-0931267 · last filed 990 for 2025
- CENTRAL FLORIDA CARES HEALTH SYSTEM INC EIN 51-0448002 · last filed 990 for 2025
- CHILDRENS HOME SOCIETY OF FLORIDA EIN 59-0192430 · last filed 990 for 2025
- CENTRAL FLORIDA YOUNG MENS CHRISTIAN ASSOCIATION EIN 59-0624430 · last filed 990 for 2025
- LIFE CONCEPTS INC EIN 59-2013160 · last filed 990 for 2025
- AREA AGENCY ON AGING OF CENTRAL FLORIDA INC EIN 59-3144723 · last filed 990 for 2024
- WESLEY MANOR INC EIN 59-0872675 · last filed 990 for 2025
- HOMELESS SERVICES NETWORK OF CENTRAL FLORIDA INC EIN 59-3213827 · last filed 990 for 2025