CONSUMER EDUCATION SERVICES INC

RALEIGH, NC | Wake County
Community Services

Overview

CONSUMER EDUCATION SERVICES INC
56-2106758
3700 BARRETT DR
RALEIGH, NC 27609
Wake County
(866) 484-5373

info@cesisolutions.org
Mission Statement info

CONSUMER EDUCATION SERVICES, INC. (CESI) IS A NON-PROFIT SERVICE PROVIDER OF COMPREHENSIVE PERSONAL FINANCIAL EDUCATION AND SOLUTIONS FOR ALL LIFE STAGES AND FOR ALL OF LIFE’S MILESTONES. OUR GOAL IS ENHANCED ECONOMIC SECURITY FOR EVERYONE WE SERVE.

CRA Category info
  • Community Services
Nonprofit location info
  • This nonprofit is not located in any CRA geographies.
Awards & Certifications info
  • HUD Counseling Agency
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
P51

P - Human Services

Financial Counseling

Organizations that provide advice and guidance for people who need assistance in obtaining credit, obtaining or correcting information in their credit records, reducing their debt burden or managing their financial resources more effectively.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
624190
Other Individual and Family Services
Targeted Clients info
  • First-Time Homebuyers
  • General Public
  • People Needing Credit Counseling
  • Small Businesses
  • Underbanked or Unbanked
CRA Income Characteristics info
    This nonprofit has claimed its profile but has not yet provided this information.

CRA Alignment

CRA Category info
Community Services
Social services and other support for low- and moderate-income, homeless or at-risk individuals.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Programs & Services info
COVID-19 RESPONSE & RECOVERY EFFORTS
Established a dedicated COVID-19 Financial Counseling Hotline to provide foreclosure prevention, bankruptcy, housing, debt management, and financial counseling.
Targeted Clients info

    Not reported

CRA Income Characteristics info

    Not reported

Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Counseling Programs Offered info
  • Fair Housing Pre-Purchase Education
  • Financial Management/Budget Counseling
  • Financial, Budgeting and Credit Workshops
  • Mortgage Delinquency and Default Resolution Counseling
  • Pre-Purchase Counseling
  • Pre-Purchase Homebuyer Education Workshops
  • Resolving/Preventing Mortgage Delinquency Workshop
  • Rental Housing Counseling
  • Rental Housing Workshops
  • Reverse Mortgage Counseling
  • Services for Homeless Counseling
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$13.3M
Revenue
$7.5M
Assets
$23.4M

IRS Business Master File Details info

As of Oct 2023
Exempt Ruling Date info
1999-01
Deductibility Status info
Deductible
Last Tax Filing info
2022
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
Basis for Foundation/Public Charity Status info
Organization normally receives no more than one-third of support from gross investment and unrelated business income and at same time more than one-third of its support from contributions, fees and gross receipts related to exempt purposes 509(a)(2)

IRS Publication 78 Details info

As of Nov 2023
Verified in Publication 78 info
Yes
Deductibility Limitation info
50% (60% for cash contributions)
Organization Description info
A public charity

IRS Form 990 Returns info

Through August 2023
Tax period ending in
2022-06
Tax period ending in
2021-06
Tax period ending in
2020-06
Tax period ending in
2019-06
Tax period ending in
2018-06
Tax period ending in
2017-06
Tax period ending in
2016-06

Nonprofit Location

Physical Address info
3700 BARRETT DR
RALEIGH, NC 27609
Wake County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
39580
MSA/MD info
37
State info
183
County info
0526.03
Tract info
Upper
Income Level info
Core-Based Statistical Area info
39580 - Raleigh-Cary, NC
Combined Statistical Area info
450 - Raleigh-Durham-Cary, NC
Metropolitan Division info
Not located in an MD.
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 11.38%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info
Geographies Served info

Not reported by nonprofit


This nonprofit has claimed its profile but has not yet provided this information.

Market Data

Census Tract County
0526.03 Wake County
Population
Total Population 3,613 1,112,883
Total Households 1,530 422,144
Income
Median Family Income (Census*) $184,643 $88,471
Median Family Income (2023 FFIEC est.) $117,000 $110,100
Tract Income Percentage 190.49% N/A
Below Poverty Level 5.0% 8.5%
Unemployment Level 0.9% 4.3%
Housing
Total Housing Units 1,836 454,672
Total Owner-Occupied Units 46.5% 64.3%
Total Renter-Occupied Units 36.9% 35.7%
Total Vacant Units 16.7% 7.3%
* Census tract income based on 2020 American Community Survey data as reported in the 2023 FFIEC Census Flat File; County income based on 2021 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

5
Total Voting Members
in Governing Body
info
5
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Steven Cole
(919) 861-5324
Principal Officer info
Steven Cole
findCRA Profile Owner
Tracy East
Director of Communication
teast@cesisolutions.org
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990 e-filed for the tax period ending on 2022-06.

A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-filing.

This Nonprofit Profile was created using data available from publicly available government and industry sources, our own research, and information provided directly the nonprofit organization. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.