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Eastern Carolina Payee Services Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 273084064 ✦ Farmville, NC ✦ Designated as a 501(c)(3)

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Overview

What is Eastern Carolina Payee Services Inc?

Eastern Carolina Payee Services Inc, located in Farmville, North Carolina, is a nonprofit organization dedicated to assisting individuals who struggle with managing their Social Security benefits. Their primary mission involves combating financial exploitation, providing essential financial services to their clients, and connecting them with other community resources. With a team of 19 employees, they aim to help their clients achieve independent living, thereby enhancing their overall well-being.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67%, Two-Star out of Four Stars

Eastern Carolina Payee Services Inc has received a Two-Star rating from Charity Navigator, indicating moderate accountability and financial performance. The organization has strengths in maintaining an independent board and showing no material diversion of assets. However, significant weaknesses include the absence of crucial governance policies such as a conflict of interest policy and a whistleblower policy, as well as a missing website listed on their tax form.

User feedback reflects serious concerns about the organization's service delivery. Multiple clients have reported issues with financial mismanagement, including lost or delayed checks, which have resulted in significant distress for vulnerable populations they serve. Reviews highlight a pattern of complaints regarding their communication methods, as clients are required to interact solely over the phone, often with poor results.

The combination of a lack of essential operational policies and troubling client experiences raises red flags about the organization's effectiveness. While it has some strengths in governance, the significant financial and operational complaints suggest a need for substantial improvements to better serve its community.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Eastern Carolina Payee Services Inc legitimate?

Eastern Carolina Payee Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eastern Carolina 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: $245,416
Professional Fundraising Fees: $0
Other Salaries and Wages: $532,521

For more financial information, click here

What is the mission statement of Eastern Carolina Payee Services Inc?

Eastern Carolina Payee Services Inc is committed to assisting their clients in ending financial exploitation. They provide financial services to these individuals and connect them with other resources in the community. The organization's primary mission is to help these clients gain independent living by managing their Social Security benefits and linking them to necessary community services.

Who is the CEO of Eastern Carolina Payee Services Inc?

Lesley B Dover is the Incorporator of Eastern Carolina Payee Services Inc.

What is the revenue of Eastern Carolina Payee Services Inc?

Eastern Carolina Payee Services Inc's revenue in 2022 was $1,164,689.

Who are the executives of Eastern Carolina Payee Services Inc and what are their salaries?

The average compensation at Eastern Carolina Payee Services Inc during 2022 was $40,944. There are 19 employees at Eastern Carolina Payee Services Inc.


Here are 2 key members and their salaries:


Lisa C Stroud (Incorporator)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lesley B Dover (Incorporator)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Eastern Carolina Payee Services Inc?

Eastern Carolina Payee Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Eastern Carolina Payee Services Inc

Eastern Carolina Payee Services Inc is committed to a mission of addressing financial exploitation. They work closely with their clients, providing essential financial services to help them manage their funds effectively. Beyond this, the organization goes above and beyond by linking their clients to various community resources, thereby enhancing their overall well-being and enabling them to strive for independent living. In essence, Eastern Carolina Payee Services Inc plays a crucial role in safeguarding the financial interests of its clients while also facilitating their access to a broader range of community support services.

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Impact




October, 2024

Eastern Carolina Payee Services Inc significantly impacts the lives of individuals who are unable to manage their own financial resources. By managing Social Security benefits for these clients, the organization ensures that their funds are handled responsibly, reducing the risk of financial exploitation. This service not only protects vulnerable individuals from potential scams or mismanagement but also fosters a sense of security and stability in their lives.

Beyond financial management, the organization acts as a connector, linking clients with various community services designed to enhance their quality of life. By addressing both financial and social needs, Eastern Carolina Payee Services Inc helps clients work towards independent living, empowering them to regain control over their circumstances. This comprehensive approach not only alleviates immediate financial concerns but also promotes long-term well-being and independence, which is essential for personal development and societal integration.




This information is meant to be a general summary of Eastern Carolina 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.

Revenue
$1,164,689 (2022)
Expenses
$1,106,991 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $1,164,689
  • Gross Receipts: $1,164,689

Assets and Liabilities:

  • Total Assets: $127,438
  • Total Liabilities: $0
  • Net Assets: $127,438

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Representative Payee

Revenue

$1,164,689

Organization Details

Founding Year

2010

Principal Officer

Lesley B Dover

Main Address

PO Box 373, Farmville, NC, 27828

NTEE Category

Code: P50 - Human services

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