Transformance Greatly Expands Local U.S. Veteran Outreach

Named the 2016 Beneficiary of America’s Future Series and Opens an Internal Veterans Service Organization (VSO) Resource Center

 

DALLAS, TX (Nov. 9, 2015) — Transformance, Inc., formerly Consumer Credit Counseling Service (CCCS) of Greater Dallas, has announced plans to expand and extend their financial literacy outreach programs to U.S. veterans. Transformance was named the 2016 nonprofit beneficiary of the America’s Future Series. America’s Future Series is a nonpartisan organization that hosts numerous annual events featuring prominent business, military, government and educational thought leaders. Their intent is to elevate awareness and dialogue on the issues affecting the stature of the United States’ global competitiveness in the key areas of health care, energy, education, the economy, the environment, national security, cybersecurity and technology/innovation. 

 

Rich Lakers, CEO of America’s Future Series, said, “We fully support the vision of Transformance to foster financially accountable and sustainable communities across America through its transformational learning systems.” To date, AFS has raised over $2,000,000 for causes worldwide. Transformance, Inc. and America’s Future Series have entered into a multiple-year agreement for 2016 and beyond.

 

In addition, Transformance opened an internal veteran service organization (VSO) resource center by welcoming two other VSOs to their nonprofit headquarters in Dallas. Joining America’s Future Series is the Veterans Coalition of North Central Texas (VCNCT) and Grace After Fire, each of whom will have their own presence at Transformance’s headquarters to expand their specific veteran outreach efforts. The aim of the VCNCT is to assist veterans and their families’ efforts to reintegrate back into society through opportunities related to education, employment, financial literacy, housing and mental health services. Grace After Fire is dedicated to empowering female veterans’ self-knowledge and self-renewal by connecting them with key resources to transition back into family life, workplace and the pursuit of happiness.

 

Unfortunately for our U.S. military veterans, statistics show troubling patterns in the lack of financial literacy. According to the 2013 FINRA Investor Education Foundation’s National Financial Capability Study, 42 percent have no rainy day fund, 18 percent have no retirement account, 35 percent utilize nonbank borrowing and 55 percent got three or fewer answers correct on a simple financial literacy survey.

 

“We are pleased to open our facilities to all three of these honorable institutions,” said Ken Goodgames, president and CEO of Transformance. “The co-location of these veteran-serving organizations will serve to dramatically increase our outreach to vulnerable military and veteran families in the Dallas-Ft. Worth area, many of whom often need assistance with opportunities related to financial literacy and economic empowerment.”

 

To find out how your organization or nonprofit can team up with Transformance and become a part of the financial literacy solution, call (800) 249-2227 or visit www.transformanceusa.org.

 

 

 

About Transformance, Inc.

In 2015, the agency will have delivered more than 125,000 consumer interactions through financial counseling, outreach, and education.  In 2016, the agency expects to serve up to 1 million low and moderate income families with transformative financial learning solutions accessible on-line and through a new mobile app.

 

Since its founding in 1974 as Consumer Credit Counseling Service of Greater Dallas, the agency has empowered clients to overcome adversity and attain their financial goals.  Services include credit/budget counseling; financial education; housing counseling; individual debt management and bankruptcy counseling. Transformance will:  

 

• Provide a national non-profit resource dedicated to confidential and professional counseling to assist financially distressed or economically vulnerable families

• Develop and foster community educational programs on family money management, budgeting and the wise use of money and credit

• Develop and maintain a positive working relationship with the credit community, employee assistance programs, professional counselors and community-based social service agencies

• Provide opportunities for economic empowerment of low and moderate income families and with a particular focus on at-risk communities such as seniors, military families, veterans, communities of color and single, female-headed households

• Enable good financial knowledge early in life through its focus on education of students (K -12) and their parents through agency strategic partnerships

 

Transformance, Inc., is a 501c (3) nonprofit founded in 1974, and is a United Way Service Provider as well as a HUD-approved multi-state housing counseling and education organization.  The agency is formally accredited every four years by the Council on Accreditation for Children and Families (COA) to ensure compliance with top industry standards and best practices.  The agency has its headquarters in Dallas, TX, with satellite offices in Arlington, Amarillo, Ardmore, OK, and Colorado Springs, CO. 

 

To read more about Transformance, Inc., or for an annual report, visit http://www.transformanceusa.org.

 

About America’s Future Series

America’s Future Series (AFS) is a nonpartisan organization that hosts events featuring prominent business, military, government, educational and other thought leaders with the intent of raising awareness and encouraging dialogue on issues affecting U.S. Global Competitiveness, including health care, energy, education, the economy, the environment, national security, cyber security and technology/innovation.

 

All AFS events honor military, support worthy causes and focus on issues critical to improving our nation’s future. Military Family and Veteran Employment Roundtables and Hiring Events help put veterans to work and improve corporate America’s ability to find, attract, assess, hire, onboard, mentor and retain those who have served.

 

About Veterans Coalition of North Central Texas

The mission of the Veterans Coalition of North Central Texas (VCNCT) is to build bridges between public, private and not-for-profit organizations at the local, county, state and federal levels for all our veterans and their families by rebuilding, educating and equipping all veterans to reintegrate back into society and to bring awareness and a call to action to all communities about the challenges faced by veterans and their families.

 

Key initiatives include education, employment, financial literacy, housing and mental health. Nekima Horton is the board chair of VCNCT. See www.vcnct.org for additional information.

 

About Grace After Fire

The mission of Grace After Fire is to provide the means for women veterans to gain self-knowledge and self-renewal. The agency was established to protect the female veteran, connect the resources and renew the women – essentially to help women veterans help themselves.

 

Grace After Fire is continuing to expand its program offerings through teaching, developing and listening to the woman veteran and her needs upon returning home. The agency assists in the often difficult transition back into family life, achievements in the workplace and the pursuit of happiness.

 

Board Chair Tandy Ervin is based in Dallas, Texas, and CEO Mea Williams is based in Houston, Texas. The agency currently serves clients in three states on a direct basis and through affiliates. See www.graceafterfire.org for additional information.

 

Contact:

Jeffrey Cheatham

TrizCom PR

(972) 247-1369

jeffc@trizcom.com

 

#GraceAfterFire #VeteransCoalitionofNorthCentralTexas #AmericasFutureSeries #Transformance

 

 

 

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