Workmoney Inc

Workmoney

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

EIN: 850604101 ✦ Milwaukee, WI ✦ Designated as a 501(c)(4)

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Overview

What is Workmoney Inc?

Workmoney Inc, also known as WORKMONEY, is a Milwaukee, Wisconsin-based nonprofit organization with a mission to help financially struggling Americans cope with economic challenges. They reach out to millions of people through various communication channels, providing crucial information on topics such as tax credits, stimulus programs, and benefits during times of crisis, like the COVID-19 pandemic. Dedicated to making life more affordable and economically secure for all Americans, Workmoney aims to lower costs and raise incomes. With a workforce of 47 employees, they continue their efforts to ensure families in need have access to valuable resources and information.


Official website here: www.workmoney.com

Is Workmoney Inc legitimate?

Workmoney Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Workmoney 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: $721,660
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,248,149

For more financial information, click here


Official website here: www.workmoney.com

What is the mission statement of Workmoney Inc?

Workmoney Inc is committed to making life more affordable for all Americans by both reducing expenses and increasing incomes. This dedication aims to provide economic security for families, helping them better manage financial challenges. The organization reached out to millions of financially struggling Americans during the economic crisis caused by the COVID-19 pandemic, sharing valuable real-time information. They communicated across various channels, providing crucial updates on tax credits, stimulus programs, and other beneficial programs and services.


Official website here: www.workmoney.com

Who is the CEO of Workmoney Inc?

Carrie Joy Grimes is the President & Ceo of Workmoney Inc. The CEO's salary of Workmoney Inc is $228,712 and their total compensation is $269,921.


Official website here: www.workmoney.com

What is the revenue of Workmoney Inc?

Workmoney Inc's revenue in 2022 was $31,104,409.


Official website here: www.workmoney.com

Who are the executives of Workmoney Inc and what are their salaries?

The average compensation at Workmoney Inc during 2022 was $105,741. There are 47 employees and 3 volunteers at Workmoney Inc.


Here are 11 key members and their salaries (Workmoney Inc's CEO's salary is $228,712 and their total compensation is $269,921):


Carrie Joy Grimes (President & Ceo)
  • Compensation: $228,712
  • Related: $0
  • Other: $41,209
Kathryn Bethell (Coo)
  • Compensation: $227,596
  • Related: $0
  • Other: $120
Rachel Lauter (Chief Strategy Officer & General Counsel)
  • Compensation: $212,216
  • Related: $0
  • Other: $11,806
Winsor Aldeborgh (Vp Data & Analytics)
  • Compensation: $204,417
  • Related: $0
  • Other: $28,232
Anjali Sakaria (Vp Advocacy)
  • Compensation: $197,400
  • Related: $0
  • Other: $12,720
Tiffany Ferguson (Vp Operations)
  • Compensation: $192,989
  • Related: $0
  • Other: $21,989
Jonathan Savitch (Chief Product Officer Thru 8/2022)
  • Compensation: $189,589
  • Related: $0
  • Other: $25,693
Michael M Enriquez (Former Director, Vp Organizing)
  • Compensation: $189,251
  • Related: $0
  • Other: $18,676
Pete Davies (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brina Milikowsky (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Hanauer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.workmoney.com

Where can I find the form 990 for Workmoney Inc?

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


Official website here: www.workmoney.com

Learn more at the official website: www.workmoney.com

Mission Statement of Workmoney Inc

Workmoney Inc, a dedicated organization, strives to lower costs and raise incomes for all Americans. By making life more affordable and economically secure, they aim to help families overcome financial challenges. Through their outreach efforts, they communicate with millions of financially struggling Americans, delivering valuable real-time information to help them navigate economic crises. In the context of the COVID-19 pandemic, Workmoney provided essential information across various communication channels, informing Americans about tax credits, stimulus programs, and other beneficial programs and services.

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Impact




October, 2024

Workmoney Inc has a significant impact on the financial well-being of Americans, particularly those facing economic hardships. The organization focuses on providing critical information that helps individuals and families navigate financial challenges. By reaching out to millions of underrepresented communities, Workmoney delivers real-time assistance on various issues, including tax credits, stimulus programs, and other essential benefits.

During the economic crisis brought on by the COVID-19 pandemic, Workmoney's outreach was especially vital. The organization utilized multiple communication channels to ensure that accurate and timely information reached those who needed it most. This proactive approach not only alleviates immediate financial burdens but also empowers individuals to make informed decisions that can lead to greater economic stability.

Overall, Workmoney Inc plays a crucial role in lowering costs and raising incomes for Americans, aiming to make life more affordable and strengthen the economic security of families across the nation.




This information is meant to be a general summary of Workmoney 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
$31,104,409 (2022)
Expenses
$28,289,253 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,179
  • Program Service Revenue: $23,345
  • Gross Receipts: $31,104,409

Assets and Liabilities:

  • Total Assets: $12,929,547
  • Total Liabilities: $430,566
  • Net Assets: $12,498,981

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Programs

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

ADVERTISING

Revenue

$22,095

HONORARIUM

Revenue

$1,000

MEMBERSHIP DUES

Revenue

$250

Organization Details

Founding Year

2020

Principal Officer

Carrie Joy Grimes

Main Address

790 N MILWAUKEE STREET STE 300, MILWAUKEE, WI, 53202

NTEE Category

Code: Z99 - Unknown

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