Public Charity

Consumer Debt Relief Initiative

Consumer Debt Relief Initiative, of Washington, DC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $501K in revenue, $930K in expenses. IRS filings disclose 3 grants awarded by this foundation, totaling roughly $749K.

EIN: 853391179 Washington, DC Latest filing: 2025
Total Revenue$501K
Total Expenses$930K
Grants Given3
Grant Total$749K
Filing Years2023–2025

Mission

The Consumer Debt Relief Initiative (CDRI) is dedicated to the protection and promotion of the debt settlement industry. We serve our members through educational development opportunities and advocacy before lawmakers, regulators and the public. CDRI is committed to advancing the highest consumer protection standards to ensure that debt-distressed consumers have access to safe and transparent solutions to achieve financial stability.

Sample Grants Given

Baltimore, MD · 2024
Program Support
$390,000
Baltimore, MD · 2024
Program Support
$265,000
Baltimore, MD · 2023
Program Support
$94,000

Showing up to 5 of 3 total records — full history available with membership.

Officers & Directors

Director Angelo Anzalone
Treasurer Camilo Concha
CEO Cliff Andrews
Director Corey Butcher
Director Kris Kehler
Vice President Michael Barsoum

Officer compensation and complete director data available with membership.

Top Grant Purposes

Program Support
$749,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $501K $930K
2024 $2.5M $2.1M $749K
2023 $1.2M $991K $372K

Between 2023 and 2025, reported annual revenue declined from $1.2M to $501K (-59%).

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MD.

MD

Full geographic grant map with state-by-state breakdown available with membership.

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