SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2019
Open to Public
Inspection
Name of the organization
MARYLAND CONSUMER RIGHTS COALITION INC
 
Employer identification number

52-2266235
Return Reference Explanation
Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: OTHER: MCRC submitted comments to the CFPB, drafted a sign-on letter with 26 Maryland organizations signing on, and worked with Maryland legislators on a Dear Colleague letter signed by 35 Marylad delegates and senators calling for a strong debt collection rule that would protect consumers, not debt collectors. In 2019 MCRC supported permanently ensuring that any mortgage debt forgiven in a foreclosure sale does not count as income on Maryland state taxes, allowing families to access tax credits that they may otherwise fail to qualify for, and saving an average of $1,114 in taxes for the 72,892 homeowners currently underwater on their mortgages in Maryland should they lose their homes in foreclosure. MCRC's Report, No Exit: How Maryland?s Debt Collection Practices Deepen Poverty & Widen the Racial Wealth Gap, is the first state-level report looking at consumer debt collection practices, the use of debtors prisons, and civic debt. The report highlights Maryland policies that punish the poor and raise revenues on the backs of low-income Marylanders. No Exit provides an analysis of how debt collection practices disproportionately impact Black borrowers across the state and widen the racial wealth gap. MCRC is pursuing a number of policy recommendations in our report at the local and state levels.
Form 990, Part VI, Line 11b: Form 990 Review Process FORM 990 IS DISTRIBUTED TO THE EXECUTIVE COMMITTEE WHERE IT IS REVIEWED AND DISCUSSED. ANY CHANGES DEEMED NECESSARY ARE MADE PRIOR TO FILING THE RETURN.
Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts ANNUAL DISCLOSURE OF POTENTIAL CONFLICTS OF INTEREST.
Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management THE EXECUTIVE DIRECTOR'S SALARY IS SET BY THE BOARD OF DIRECTORS AFTER CONSIDERATION OF JOB PERFORMANCE AND COMPENSATION PAID TO PERSONS IN SIMILAR POSITIONS.
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available FINANCIAL STATEMENTS AND 990 ARE AVAILABLE AT THE ORGANIZATION'S OFFICE DURING REGULAR BUSINESS HOURS.
Form 990, Part XII, Line 2: Change of Oversight or Selection Process COMPETITIVE BIDS WERE SOLICITED AND THE BOARD CHOSE AN AUDITOR AFTER REVIEWING THOSE PROPOSALS.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2019


Additional Data


Software ID: 19009923
Software Version: 2019v5.0