Riverside, CA – July 29, 2011 –Having touched more than 2.4 million lives in its 37-year history, Springboard Nonprofit Consumer Credit Management is pleased to announce the release of its 2010 Annual Report highlighting the agency’s accomplishments and continual service to the community. Springboard was established in 1974 as a 501(c)(3) nonprofit community service organization that works to strengthen communities and improve the lives of consumers by offering services that promote financial literacy, stable homeownership and a healthy economy.  Throughout its history, the agency has achieved significant milestones and become a trusted resource to community stakeholders, including elected officials, civic organizations, numerous nonprofit community partners and military communities.  Springboard is approved by the U.S. Department of Housing and Urban Development (HUD) as a regional intermediary and is recognized as one of the largest nonprofit HUD-approved housing counseling agencies on the West Coast with offices in California, Nevada, Arizona, Texas and New Mexico. In 2010, Springboard created a new subsidiary known as Springboard Solutions, LLC, which provides program administration and outsourced services to government agencies, nonprofits and financial institutions.

“It’s been a remarkable year for Springboard.  We are so very pleased to share the good news of our agency with our many stakeholders,” said Melinda Opperman, Springboard’s senior vice president of community outreach and industry relations. “Springboard remains humbled by the numerous heartfelt communications we receive from thankful clients and invitations received throughout the year recognizing the compassion, professionalism and expert knowledge of our counseling and education staff,” said Opperman.

Springboard is a full service housing and credit counseling agency and recognized as a national leader.  In response to the ongoing financial crisis and challenges that households continue to face, Springboard conducted a record 175,000 counseling sessions in 2010.  Consumers nationwide received counseling assistance in the areas of foreclosure prevention, credit and debt, reverse mortgage, bankruptcy pre-filing counseling and debtor education.  Additionally, Springboard’s education and community outreach counselors conducted a record 500 workshops on important money matters with mostly low-to-moderate income consumers in face-to-face settings in California, Nevada and Arizona.

Springboard’s 2010 Annual Report may be viewed online at http://www.credit.org/media/docs/2010AnnualReport.pdf

About Springboard Nonprofit Consumer Credit Management

SPRINGBOARD® Nonprofit Consumer Credit Management is a 501(c)(3) nonprofit personal financial education and counseling organization founded in 1974. Springboard is a HUD-approved housing counseling agency and a member of the National Foundation for Credit Counseling, a national organization of nonprofit credit counseling agencies, and a member of the Association of Independent Credit Counseling Agencies. The agency offers personal financial education and assistance with credit counseling, housing counseling, debt and money management through educational programs and confidential counseling. Springboard is accredited by the Council on Accreditation, signifying the highest standards for agency governance, fiscal integrity, counselor certification and service delivery policies. The agency provides pre-bankruptcy counseling and debtor education as mandated by the bankruptcy reform law. The agency offers nationwide phone counseling services and has locations in California, Arizona, Nevada, New Mexico and Texas for in-person counseling sessions.  Not all types of counseling are available in-person at all locations, please call for details.  For more information on Springboard, call 800-449-9818 or visit their web site at www.credit.org.