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.
Ready to take the next step with Consumer Debt Relief Initiative?
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
Among its reported 2025 grants, the largest include Dealing with Debt ($265,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Dealing with Debt Baltimore, MD | Program Support | $265,000 |
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 | — |
Frequently Asked Questions
Where does Consumer Debt Relief Initiative operate?
Consumer Debt Relief Initiative has awarded grants in Maryland.
What size grants does Consumer Debt Relief Initiative award?
In 2025, Consumer Debt Relief Initiative awarded 1 grants totaling $265K — an average of about $265K per grant, based on its IRS Form 990 filings.
What is Consumer Debt Relief Initiative's EIN?
Consumer Debt Relief Initiative's EIN (Employer Identification Number) is 85-3391179. IRS Form 990 filing data is available on this page for 2023–2025.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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