Beneficial Rep Payee Services Inc is located in Eau Claire, WI. The organization was established in 2004. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beneficial Rep Payee Services Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Beneficial Rep Payee Services Inc generated $182.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $179.8k during the year ending 12/2022. While expenses have increased by 1.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
BENEFICIAL REP PAYEE SERVICES, INC SERVED APPROXIMATELY 400 INDIVIDUALS WHO WERE UNABLE TO HANDLE THEIR SOCIAL SECURITY OR SSI BENEFITS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debora Smith President | 40 | $82,600 | |
Steven Skahaug Vice President | 40 | $55,425 | |
Casey Skahaug Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $182,029 |
| Membership dues | $0 |
| Investment income | $588 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $182,617 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $149,696 |
| Professional fees and other payments to independent contractors | $10 |
| Occupancy, rent, utilities, and maintenance | $2,018 |
| Printing, publications, postage, and shipping | $2,601 |
| Other expenses | $25,501 |
| Total expenses | $179,826 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $199,140 |
| Other assets | $0 |
| Total assets | $199,140 |
| Total liabilities | $191,004 |
| Net assets or fund balances | $8,136 |