Overview
What is Benefit Payment Services Inc?
Benefit Payment Services Inc is a designated organization appointed by the Social Security Administration, serving approximately 100 individuals. Their primary role is to aid individuals requiring assistance with money management, acting as their payee. By providing these services, they help ensure financial security and independence for individuals in need. Based in an undisclosed location, Benefit Payment Services Inc plays a crucial role in managing benefits for those who require assistance.
Is Benefit Payment Services Inc legitimate?
Benefit Payment Services Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Benefit Payment Services Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Benefit Payment Services Inc?
Benefit Payment Services Inc, appointed by Social Security, serves to assist individuals who require aid in managing their finances. Acting as a payee for approximately 100 individuals, the organization's primary mission is to provide essential money management services. By assuming this role, Benefit Payment Services Inc seeks to ensure that these individuals receive their benefits in a secure and efficient manner, thereby improving their overall financial well-being. The organization's activities are centered around providing this essential service, thereby empowering and supporting those in need.
What is the revenue of Benefit Payment Services Inc?
Benefit Payment Services Inc's revenue in 2024 was $60,241.
Who are the executives of Benefit Payment Services Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $32,400
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Benefit Payment Services Inc?
Benefit Payment Services Inc's most recent form 990EZ was submitted in 2024 and can be accessed here.
Mission Statement of Benefit Payment Services Inc
Benefit Payment Services Inc, appointed by Social Security, serves a vital role in assisting individuals who require help with money management. Acting as a payee for approximately 100 people, this organization's mission is to provide essential services to those in need. Its purpose is to ensure that these individuals receive their benefits efficiently and effectively, thereby alleviating financial stress and promoting financial stability. By serving as a payee, Benefit Payment Services Inc plays a crucial role in empowering its clients to manage their finances independently, contributing to their overall well-being and quality of life.
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Impact
October, 2024
Benefit Payment Services Inc significantly impacts the community by providing essential money management assistance to individuals who require support in handling their finances. Appointed by Social Security, the organization serves as a payee for approximately 100 people, ensuring they receive and manage their benefits effectively.
By offering these services in Mitchell, SD, Benefit Payment Services Inc helps vulnerable individuals navigate complex financial systems, fostering greater financial stability and independence. The organization's mission directly addresses the challenges faced by those in need, empowering them to manage their funds responsibly and improve their overall quality of life. Through their dedicated support, they contribute to the well-being and dignity of the individuals they serve, making a positive difference in the community.
This information is meant to be a general summary of Benefit Payment Services Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Program Service Revenue: $53,929
- Gross Receipts: $60,241
Assets and Liabilities:
- Total Assets: $808
- Total Liabilities: $0
- Net Assets: $808
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Organization Details
Principal Officer
Kay Miller
NTEE Category
Code: P51 - Human services
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