Program areas at Common Wealth Associates
Financial literacy education, including workshops and certified one-to-one credit counseling focused on creating and reviewing a balanced spending plan, a deep dive into credit reports, identifying strategic pay-off of debt items, recognizing the high cost of predatory financial products, and rebanking at non-predatory financial institutions.
Provide emergency short-term, unsecured low-interest loans to clients who have high barriers to mainstream financial services, and provide banking or rebanking with partner financial institutions.
VITA Latino exists to build relationships within the Latinx community, laying foundations which lead to trust-based counseling and easier access to reliable credit union services. VITA Latino has to date accounted for over $400,000 in refunds and $125,000 in tax preparation savings.
Who funds Common Wealth Associates
Grants from foundations and other nonprofits
Personnel at Common Wealth Associates
| Name | Title | Compensation | Date of data |
|---|
| Chuck Jones | Executive Director | $127,449 | 2023-10-17 |
| Mary Served Cwc | Director of Financial Education | | 2023-08-17 |
| Yuly Rodriguez | Program Director, Latinx Services | | 2021-07-08 |
| Harry Serves | Director of Client Engagement | | 2023-08-17 |
| Mary Quinn | Director of Financial Education | | 2022-02-21 |
| ...and 10 more key personnel |
Financials for Common Wealth Associates
| Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
|---|
| Total grants, contributions, etc. | $1,135,905 | $1,215,503 | -6.5% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $17,533 | $1,968 | 790.9% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $1,153,438 | $1,217,471 | -5.3% |
Organizations like Common Wealth Associates
| Organization | Type | Location | Revenue |
|---|
| Modus | 501(c)(3) | Tulsa, OK | $558,684 |
| Debt Management Credit Counseling Corporation | 501(c)(3) | Fort Lauderdale, FL | $1,643,886 |
| Cache Integrity Services | 501(c)(3) | Wasilla, AK | $489,703 |
| Oshkosh Family Incorporated | 501(c)(3) | Oshkosh, WI | $948,323 |
| Savvy Ladies | 501(c)(3) | New York, NY | $570,381 |
| Christian Credit Counselors | 501(c)(3) | Carlsbad, CA | $2,997,488 |
| Consumer Credit Counseling Service of Nebraska | 501(c)(3) | Omaha, NE | $1,026,248 |
| Consumer Credit Counseling Services of Puerto Rico (OBCDC) | 501(c)(3) | San Juan, PR | $751,580 |
| Rural Dynamics Community Services | 501(c)(3) | Great Falls, MT | $609,350 |
| The Family Center | 501(c)(3) | Columbus, GA | $989,663 |
Data update history
December 3, 2023
Posted financials
Added Form 990 for fiscal year 2023
December 2, 2023
Updated personnel
Identified 2 new personnel
August 17, 2023
Updated personnel
Identified 7 new personnel
Nonprofit Types
Human service organizationsFamily service centersCharities
Issues
EducationHuman services
Characteristics
State / local levelManagement and technical assistanceCommunity engagement / volunteeringTax deductible donations
General information
- Address
- 5301 Wilkinson Blvd
- Charlotte, NC 28208
- Metro area
- Charlotte-Concord-Gastonia, NC-SC
- County
- Mecklenburg County, NC
- Website URL
- commonwealthcharlotte.org/Â
- Phone
- (980) 636-1262
IRS details
- EIN
- 30-0842673
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 2014
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- P50: Personal Social Services
- NAICS code, primary
- 624190: Individual and Family Services
- Parent/child status
- Independent
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