Overview
What is Practical Rep Payee Services Inc?
Practical Rep Payee Services Inc is a Minnesota-based nonprofit organization, specifically a Not-For-Profit Corporation, dedicated to offering representative payee services. Their primary mission is to support individuals deemed by Social Security to have difficulty managing their benefits. These benefits are utilized to meet their essential daily needs, such as food and shelter, with any remaining funds allocated for personal needs like medical care, clothing, and recreation. With a team of two dedicated employees, Practical Rep Payee Services Inc prioritizes ensuring the personal care and well-being of the individuals they serve.
Is Practical Rep Payee Services Inc legitimate?
Practical Rep Payee Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Practical Rep Payee Services Inc submitted a form 990, 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: $114,048
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Practical Rep Payee Services Inc?
Practical Rep Payee Services Inc is committed to providing representative payee services for individuals who are deemed unable to manage their Social Security and Supplemental Security benefits. The organization prioritizes meeting the day-to-day needs of these individuals for food, shelter, and essentials. Any remaining benefits are allocated for personal needs such as medical expenses, clothing, and recreational activities. Overall, the mission of Practical Rep Payee Services Inc is to ensure the personal care and well-being of the individuals they serve.
Who is the CEO of Practical Rep Payee Services Inc?
Casey Skahaug is the President of Practical Rep Payee Services Inc.
What is the revenue of Practical Rep Payee Services Inc?
Practical Rep Payee Services Inc's revenue in 2022 was $136,013.
Who are the executives of Practical Rep Payee Services Inc and what are their salaries?
The average compensation at Practical Rep Payee Services Inc during 2022 was $57,024. There are 2 employees at Practical Rep Payee Services Inc.
Here are 3 key members and their salaries:
- Compensation: $112,000
- Related: $0
- Other: $0
- Compensation: $2,048
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Practical Rep Payee Services Inc?
Practical Rep Payee Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Practical Rep Payee Services Inc
Practical Rep Payee Services Inc, as a Minnesota-based not-for-profit corporation, is committed to providing representative payee services to individuals who have been identified by Social Security as incapable of managing their own financial affairs. The organization's primary mission is to ensure the personal care and well-being of these individuals. To accomplish this, Practical Rep Payee Services Inc prioritizes the individual's daily needs for food and shelter. Any remaining benefits are then allocated for personal expenses such as medical care, clothing, and recreational activities. By offering these services, Practical Rep Payee Services Inc plays a crucial role in supporting individuals who require assistance in managing their financial affairs, thereby contributing to their overall well-being.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Practical Rep Payee Services Inc plays a crucial role in the lives of individuals who struggle to manage their Social Security and Supplemental Security Income. By serving approximately 240 individuals, the organization addresses a significant gap in support for those deemed unable to handle their financial matters.
The primary focus of their services is on ensuring that recipients' day-to-day needs for food and shelter are met. This foundational support creates a stable environment in which these individuals can thrive. Additionally, Practical Rep Payee Services allocates remaining benefits toward medical expenses, clothing, and recreational activities, promoting overall well-being and improving quality of life.
Through its dedicated efforts, Practical Rep Payee Services Inc not only provides essential financial management but also fosters a sense of security and dignity for individuals often facing economic hardships. Their work is vital in helping these individuals regain control over their lives while ensuring their personal care and well-being are prioritized.
This information is meant to be a general summary of Practical Rep Payee 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 2022.
- Program Service Revenue: $136,013
- Gross Receipts: $136,013
Assets and Liabilities:
- Total Assets: $535,804
- Total Liabilities: $510,772
- Net Assets: $25,032
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rep payee fee
Revenue
$136,013
Organization Details
Founding Year
2008
Phone
(952) 657-2879Principal Officer
Casey Skahaug
Main Address
PO Box 146, Mayer, MN, 55360
NTEE Category
Code: P20 - Human services
If you are a representative of Practical Rep Payee Services Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.