Best Payments Foundation

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

EIN: 471381176 ✦ Delaware, OH ✦ Designated as a 501(c)(3)

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Overview

What is Best Payments Foundation?

The Best Payments Foundation is a nonprofit organization that offers support to individuals with disabilities, encompassing developmental, mental, and physical challenges. Their primary focus lies in providing essential bill payment services, aiding these individuals in managing their financial obligations. The foundation's work is centered around enhancing the quality of life for those with disabilities, offering them the necessary assistance they need to navigate daily life more smoothly.

Is Best Payments Foundation legitimate?

Best Payments Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Best Payments Foundation 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: $166,051
Professional Fundraising Fees: $0
Other Salaries and Wages: $737,666

For more financial information, click here

What is the mission statement of Best Payments Foundation?

The Best Payments Foundation is committed to assisting individuals who are developmentally, mentally, or physically challenged. Their mission revolves around providing bill payment services to this specific group of people. The foundation aims to make life easier for these individuals by taking care of their billing needs, thereby alleviating some of their daily struggles. By offering these services, the Best Payments Foundation aims to contribute positively to the lives of disabled individuals, thereby enhancing their overall quality of life. The foundation's activities are centered around this mission, providing a vital service to a group that often requires additional support.

What is the revenue of Best Payments Foundation?

Best Payments Foundation's revenue in 2024 was $1,242,092.

Who are the executives of Best Payments Foundation and what are their salaries?

The average compensation at Best Payments Foundation during 2024 was $37,655. There are 24 employees at Best Payments Foundation.

There is 1 key member and their salary:


Sherri L Schumm (President)
  • Compensation: $166,051
  • Related: $0
  • Other: $0
Where can I find the form 990 for Best Payments Foundation?

Best Payments Foundation's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Best Payments Foundation

The Best Payments Foundation, as its name suggests, is a charitable organization with a mission to aid individuals who are developmentally, mentally, or physically challenged. At the heart of its operations, this foundation provides essential bill payment services to those in need. By doing so, it seeks to alleviate some of the financial burdens that these individuals may face, thereby enhancing their quality of life. The Best Payments Foundation's mission is a testament to its commitment to supporting the most vulnerable members of society, ensuring they have access to the basic necessities that many of us often take for granted.

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Impact




October, 2024

Best Payments Foundation significantly impacts the lives of individuals with developmental, mental, or physical challenges by providing essential bill payment services. By facilitating financial transactions, the foundation empowers disabled individuals to manage their financial responsibilities more effectively and access vital resources. Located in Delaware, Ohio, the organization's mission is focused on enhancing the quality of life for these individuals, ensuring they receive the support they need to navigate daily financial obligations. Through its tailored services, the Best Payments Foundation plays a crucial role in fostering independence and financial stability within the disabled community.




This information is meant to be a general summary of Best Payments Foundation. 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
$1,242,092 (2024)
Expenses
$1,130,501 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $197,583
  • Gross Receipts: $1,242,092

Assets and Liabilities:

  • Total Assets: $64,291
  • Total Liabilities: $0
  • Net Assets: $64,291

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Organization Details

Principal Officer

Sherri L Schumm

NTEE Category

Code: P50 - Human services

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