Consumer Debt Relief Initiative
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.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$265K
-32.1% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$265K
-32.1% YoY
About Consumer Debt Relief Initiative
Based on IRS filings
Consumer Debt Relief Initiative is a nonprofit organization, based in WASHINGTON, DC. IRS filing data is available from 2023 through 2025. In 2025, it awarded 1 grants totaling $265K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | — | $748,689 | $372,201 |
| Revenue | $501,250 | $2,489,464 | $1,216,135 |
| Expenses | $929,520 | $2,127,976 | $991,461 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Michael Barsoum | Vice President | 1 | — |
| Camilo Concha | Treasurer | 1 | — |
| Michael Hohos | Secretary | 1 | — |
| Rob Merrick | Director | 1 | — |
| Angelo Anzalone | Director | 1 | — |
| Kris Kehler | Director | 1 | — |
| Corey Butcher | Director | 1 | — |
| Cliff Andrews | CEO | 30 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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