Overview
What is Professional Payee Services Inc?
Professional Payee Services Inc, located in Adams, Wisconsin, is a nonprofit organization appointed by the Social Security Administration. Their primary mission is to manage the financial affairs of individuals receiving Social Security Administration (SSA), Supplemental Security Income (SSI), and Veterans Affairs (VA) benefits. The organization assists those who are incapable of managing their own benefits, offering services such as trust and guardianship management. With a team of nine dedicated employees, Professional Payee Services Inc ensures the responsible and efficient utilization of these benefits, providing a vital service to beneficiaries in need.
Is Professional Payee Services Inc legitimate?
Professional Payee Services Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Professional 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $73,381
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What is the mission statement of Professional Payee Services Inc?
Professional Payee Services Inc, appointed by the Social Security Administration, serves as an organizational representative payee. Their primary mission is to manage the benefit payments for Social Security beneficiaries who are incapable of managing their own Social Security and Supplemental Security Income (SSI) payments, ensuring financial security and stability for these individuals. The organization also provides some trust and guardianship management services, demonstrating a commitment to supporting those who require assistance with their financial affairs.
Who is the CEO of Professional Payee Services Inc?
Wendy K Kipfer is the President of Professional Payee Services Inc.
What is the revenue of Professional Payee Services Inc?
Professional Payee Services Inc's revenue in 2022 was $185,336.
Who are the executives of Professional Payee Services Inc and what are their salaries?
The average compensation at Professional Payee Services Inc during 2022 was $8,153. There are 9 employees at Professional Payee Services Inc.
Here are 3 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Professional Payee Services Inc?
Professional Payee Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Professional Payee Services Inc
Professional Payee Services Inc, appointed federally by the Social Security Administration, serves as an Organizational Representative Payee. This role involves managing the benefit payments for Social Security Administrations (SSA) and Supplemental Security Income (SSI) beneficiaries who are incapable of managing their own finances. The organization's mission is to ensure the responsible and efficient use of these funds, ensuring that the beneficiaries' essential needs are met while preventing misappropriation or misuse of the benefits. Professional Payee Services Inc acts as a financial intermediary, safeguarding the financial well-being of those who rely on these benefits, thereby contributing to their overall financial stability and independence.
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Impact
October, 2024
Professional Payee Services Inc has a significant impact on individuals who receive Social Security Administration (SSA), Supplemental Security Income (SSI), and Veterans Affairs (VA) benefits, particularly those who are unable to manage their own finances. By acting as an organizational representative payee, the organization ensures that beneficiaries receive and manage their payments responsibly, safeguarding their financial stability.
In Adams, Wisconsin, it plays a crucial role in the lives of vulnerable populations, such as individuals with disabilities or mental health challenges. By managing their benefit payments, Professional Payee Services Inc helps alleviate the stress and complexity associated with financial management, allowing clients to focus on their well-being and personal development. This service fosters independence and promotes financial literacy, empowering recipients while ensuring their bills are paid on time and their resources are allocated appropriately.
Furthermore, the organization may offer trust and guardianship management services, extending its impact by overseeing the financial aspects of individuals' lives more comprehensively. This holistic approach contributes to improved quality of life for beneficiaries, helping them navigate the complexities of their benefits while providing peace of mind for their families and caregivers.
This information is meant to be a general summary of Professional 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: $185,336
- Gross Receipts: $185,336
Assets and Liabilities:
- Total Assets: $3,347
- Total Liabilities: $0
- Net Assets: $3,347
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REPRESENTATIVES FEE
Revenue
$185,336
Organization Details
Founding Year
2014
Phone
(608) 339-8801Principal Officer
Wendy K Kipfer
Main Address
206 SOUTH MAIN STREET, Adams, WI, 53910
NTEE Category
Code: P99 - Human services
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