Representative Financial Services Inc

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

EIN: 542193142 ✦ Rhinelander, WI ✦ Designated as a 501(c)(3)

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Overview

What is Representative Financial Services Inc?

Representative Financial Services Inc is a nonprofit organization established to fulfill the requirement set by the Social Security Administration. Their primary role is to act as a representative payee for individuals receiving Social Security benefits due to disability or advanced age. These individuals require professional financial management services, which RFS provides in a safe and insured manner. The organization's mission focuses on ensuring the financial well-being of its clients by managing their benefits effectively, thereby offering them a sense of security and stability.

Is Representative Financial Services Inc legitimate?

Representative Financial Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Representative Financial Services Inc 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.

What is the mission statement of Representative Financial Services Inc?

Representative Financial Services Inc, as a non-profit corporation, is mandated by the Social Security Administration to act as a representative payee for individuals receiving Social Security benefits due to disability or advanced age. The organization provides secure and insured financial management services to these individuals, ensuring their financial well-being. The primary mission of Representative Financial Services Inc is to safeguard and manage the financial affairs of its clients, thereby enabling them to focus on their health and well-being. The agency's activities are centered around providing professional financial management services, ensuring that its clients receive their benefits in a timely and secure manner.

Who is the CEO of Representative Financial Services Inc?

Shelley Eades is the President of Representative Financial Services Inc.

What is the revenue of Representative Financial Services Inc?

Representative Financial Services Inc's revenue in 2022 was $68,661.

Who are the executives of Representative Financial Services Inc and what are their salaries?


Here are 4 key members and their salaries:


Jeremy Baker (Vice-Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelley Eades (President)
  • Compensation: $9,200
  • Related: $0
  • Other: $0
Kathleen Baker (Treasurer/ Key Employee)
  • Compensation: $17,350
  • Related: $0
  • Other: $0
Sharon Clapper (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Representative Financial Services Inc?

Representative Financial Services Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Representative Financial Services Inc

Representative Financial Services Inc, as a non-profit corporation, is tasked by the Social Security Administration to provide a vital service. Their mission is to act as a representative payee for individuals receiving Social Security benefits who require professional financial management due to disability or advanced age. This organization offers insured financial management services, ensuring the safe and secure handling of their clients' funds. By providing these services, Representative Financial Services Inc plays a crucial role in supporting individuals who may be unable to manage their finances independently, thereby promoting financial stability and security for those in need.

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Impact




August, 2024

Representative Financial Services Inc's impact lies in providing safe, insured financial management services to individuals in need. As a representative payee for clients receiving SSA benefits due to disability or advanced age, their nonprofit status ensures compliance with the Social Security Administration's requirements. By offering professional financial management, they contribute to the well-being and financial stability of vulnerable individuals who rely on their services. Their work in this capacity falls under the category of human services, emphasizing their commitment to supporting and assisting those in need within their community.




This information is meant to be a general summary of Representative Financial 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
$68,661 (2022)
Expenses
$65,584 (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: $68,309
  • Gross Receipts: $68,661

Assets and Liabilities:

  • Total Assets: $11,443
  • Total Liabilities: $1,845
  • Net Assets: $9,598

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Organization Details

Principal Officer

Shelley Eades

Main Address

PO BOX B, RHINELANDER, WI, 54501

NTEE Category

Code: P50 - Human services

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