Overview
What is Abc Payee Inc?
Abc Payee Inc is a compassionate nonprofit organization situated in Maplewood, Minnesota. Their primary focus is to offer financial management assistance to individuals with mental or physical disabilities who require such aid. By collaborating with their clients' case management teams, Abc Payee Inc ensures all their needs are met. They engage in monthly discussions regarding budgetary management with their clients. The mission of Abc Payee Inc is to positively impact their clients' lives through responsible financial management, education, and understanding. By serving disabled and vulnerable individuals, Abc Payee Inc strives to make a difference in their financial well-being. As of September 2020, the organization has helped 877 clients in managing their finances effectively.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, Overall Score: 67%). This rating indicates that Abc Payee Inc has some strengths but significant areas for improvement, particularly in transparency and governance practices. While the organization exhibits a strong program expense ratio of 100%, demonstrating that all expenses are directed towards its mission, it lacks essential financial documentation and policies.
One notable strength is its board composition, which has a majority of independent members, ensuring better governance and oversight. Additionally, the organization has demonstrated no material diversion of assets, reflecting a commitment to ethical practices. However, the absence of key policies such as conflict of interest, whistleblower, and document retention policies raises concerns regarding accountability and operational integrity.
Furthermore, critical financial statements are missing, which hinders stakeholders' ability to evaluate the organization's financial health comprehensively. The lack of a website listed on the tax form and the failure to post tax documents further impact its transparency. To improve its rating, Abc Payee Inc should focus on enhancing its governance policies and ensuring that all financial information is readily accessible to the public.
This AI summary has been generated from information found on Charity Navigator.
Is Abc Payee Inc legitimate?
Abc Payee Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Abc Payee 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: $345,289
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,884
For more financial information, click here
What is the mission statement of Abc Payee Inc?
Abc Payee Inc, as an organization, is dedicated to making a positive impact in the lives of its clients. Their mission is centered around responsible financial management, education, and understanding. They are particularly committed to serving disabled and vulnerable individuals who require assistance in managing their finances. Through collaborative efforts with case management, Abc Payee Inc ensures that all necessary financial needs are met. Regular monthly discussions on budgetary management are held with clients, reflecting their dedication to this cause. As of September 2020, they have served a total of 877 clients.
Who is the CEO of Abc Payee Inc?
James Munoz is the Vice Preside of Abc Payee Inc.
What is the revenue of Abc Payee Inc?
Abc Payee Inc's revenue in 2022 was $571,354.
Who are the executives of Abc Payee Inc and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $136,600
- Related: $0
- Other: $0
- Compensation: $109,300
- Related: $0
- Other: $0
- Compensation: $99,389
- Related: $0
- Other: $0
- Compensation: $37,918
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Abc Payee Inc?
Abc Payee Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Abc Payee Inc
Abc Payee Inc is dedicated to making a positive impact in the lives of its clients, primarily those who are disabled or vulnerable, by providing responsible financial management, education, and understanding. The organization is committed to serving these individuals who require assistance in managing their finances. By collaborating and consulting with their clients' case management teams, Abc Payee Inc ensures that all their clients' needs are met. They discuss budgetary management needs on a monthly basis with each client to ensure financial stability and responsibility. Abc Payee Inc's mission is to make a significant difference in its clients' lives, empowering them to manage their finances effectively, thereby improving their overall well-being.
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Impact
July, 2024
Abc Payee Inc's impact lies in providing responsible financial management and support to disabled and vulnerable individuals who require assistance in managing their finances due to mental or physical disabilities. Through collaboration with case management and monthly discussions on budgetary needs, Abc Payee Inc has successfully served 877 clients by the end of September 2020. By fulfilling its mission to make a positive difference in its clients' lives through education and understanding, Abc Payee Inc is actively contributing to the well-being and stability of a critical segment of the population in Maplewood, MN.
This information is meant to be a general summary of Abc Payee 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: $571,354
- Gross Receipts: $571,354
Assets and Liabilities:
- Total Assets: $199,114
- Total Liabilities: $0
- Net Assets: $199,114
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEE
Revenue
$571,354
Organization Details
Founding Year
2012
Principal Officer
James Munoz
Main Address
2305 PHYLIS CT E, MAPLEWOOD, MN, 55119
NTEE Category
Code: P99 - Human services
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