L & M Payee Services Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wauwatosa, WI
- Founding
- Data as of
- 12/2018
- EIN
- 57-1238057
Organization Overview
L & M Payee Services Inc is located in Wauwatosa, WI. L & M 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 12/2018, L & M Payee Services Inc generated $32.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $43.7k during the year ending 12/2018. 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
2018
Describe the Organization's Program Activity:
Part 3
SOCIAL SECURITY BENEFITS WERE BEING MANAGED FOR A TOTAL OF 0 CLIENTS AT THE END OF 2018. ALL CLIENTS WERE TRANSFERRED TO ANOTHER PAYEE SERVICE PROVIDER. 85 DIFFERENT CLIENTS WERE SERVICED AT SOME POINT DURING 2018. CLIENTS WERE MET IN A ONE ON ONE BASIS AT LEAST ONCE A MONTH AND THEIR BILLS WERE PAID DIRECTLY THROUGH THE PAYEE SERVICES DURING THE MONTH. RESIDUAL WAS DISBURSED TO THE CLIENTS AFTER BILLS WERE PAID.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Norwood President | 40 | $30,941 | |
Rosanne Norwood Treasurer | 10 | $660 | |
Neal Mikulski Vice President | 1 | $0 | |
Jania Bledsoe Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $32,238 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $32,238 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,018 |
| Professional fees and other payments to independent contractors | $1,794 |
| Occupancy, rent, utilities, and maintenance | $2,400 |
| Printing, publications, postage, and shipping | $659 |
| Other expenses | $4,781 |
| Total expenses | $43,652 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |