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Alltrust Payee Corporation Inc

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

EIN: 461756153 ✦ Vero beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is Alltrust Payee Corporation Inc?

Alltrust Payee Corporation Inc is a nonprofit organization located in Vero Beach, Florida. With a team of five dedicated individuals, their mission is to serve the vulnerable population, including veterans, the elderly, and individuals with mental and physical disabilities. They offer representative payee services, acting as a competent intermediary to manage and distribute their beneficiaries' funds responsibly. This nonprofit organization is committed to enhancing the lives of these individuals in their community.

Is Alltrust Payee Corporation Inc legitimate?

Alltrust Payee Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alltrust Payee Corporation 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: $88,393
Professional Fundraising Fees: $0
Other Salaries and Wages: $63,560

For more financial information, click here

What is the mission statement of Alltrust Payee Corporation Inc?

Alltrust Payee Corporation Inc's mission is centered around providing competent representative payee services. This mission specifically targets a vulnerable population, including veterans, the elderly, and individuals with mental and/or physical disabilities. The corporation aims to ensure these individuals receive their financial benefits effectively and manage their funds responsibly. By providing this service, Alltrust Payee Corporation Inc contributes to enhancing the quality of life for this vulnerable population in the community.

Who is the CEO of Alltrust Payee Corporation Inc?

Margaret Battershell is the Director of Alltrust Payee Corporation Inc.

What is the revenue of Alltrust Payee Corporation Inc?

Alltrust Payee Corporation Inc's revenue in 2022 was $229,540.

Who are the executives of Alltrust Payee Corporation Inc and what are their salaries?

The average compensation at Alltrust Payee Corporation Inc during 2022 was $30,391. There are 5 employees at Alltrust Payee Corporation Inc.


Here are 3 key members and their salaries:


Corina Whiting (Director)
  • Compensation: $56,833
  • Related: $0
  • Other: $0
Margaret Battershell (President)
  • Compensation: $19,560
  • Related: $0
  • Other: $0
Margaret A Connelly (Treasurer)
  • Compensation: $12,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Alltrust Payee Corporation Inc?

Alltrust Payee Corporation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Alltrust Payee Corporation Inc

Alltrust Payee Corporation Inc, as a mission-driven organization, is dedicated to serving the vulnerable population in the community. Their primary focus lies in providing competent representative payee services to three specific groups: Veterans, the elderly, and individuals with mental and/or physical disabilities. Through their mission, Alltrust Payee Corporation Inc aims to ensure these individuals receive their rightful benefits, acting as their trustworthy and responsible intermediaries. By providing this essential service, the organization seeks to contribute positively to the well-being and financial stability of these vulnerable populations.

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Impact




October, 2024

Alltrust Payee Corporation Inc plays a crucial role in supporting vulnerable populations, including veterans, the elderly, and individuals with mental and physical disabilities in Vero Beach, FL. By providing competent representative payee services, the organization ensures that these groups can manage their financial resources effectively and securely. This assistance significantly enhances their well-being, promoting financial stability and independence.

The impact of Alltrust Payee Corporation is evident in how it helps individuals navigate the complexities of financial management, ensuring that essential needs such as housing, healthcare, and daily living expenses are met. By acting as a trusted intermediary, Alltrust not only safeguards the finances of its clients but also empowers them to live with dignity and greater peace of mind, thereby enhancing the overall quality of life in the community. Through its dedicated services, Alltrust fosters a more equitable environment where vulnerable individuals can thrive.




This information is meant to be a general summary of Alltrust Payee Corporation 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
$229,540 (2022)
Expenses
$237,594 (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: $228,554
  • Gross Receipts: $229,540

Assets and Liabilities:

  • Total Assets: $14,823
  • Total Liabilities: $0
  • Net Assets: $14,823

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Programs

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

Refunds-Allowances

Revenue

-$68

Rep Payee Fees

Revenue

$228,622

Organization Details

Founding Year

2013

Principal Officer

Margaret Battershell

Main Address

2046 Treasure Coast Plaza A294, Vero Beach, FL, 32960

NTEE Category

Code: W99 - Public benefit

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