Practical Rep Payee Services Inc

Organization Overview

Practical Rep Payee Services Inc is located in Mayer, MN. The organization was established in 2009. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2023, Practical Rep Payee Services Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Practical 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 12/2023, Practical Rep Payee Services Inc generated $162.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 26.0% each year . All expenses for the organization totaled $163.9k during the year ending 12/2023. While expenses have increased by 29.9% per year over the past 5 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE REPRESENTATIVE PAYEE SERVICES FOR INDIVIDUALS, AND TO ENSURE THAT THE INDIVIDUAL'S PERSONAL CARE AND WELL-BEING ARE PROVIDED FOR.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PRACTICAL REP PAYEE SERVICES, INC. SERVED APPROXIMATELY 270 INDIVIDUALS WHO WERE DEEMED BY SOCIAL SECURITY TO BE UNABLE TO HANDLE THEIR SOCIAL SECURITY AND/OR SUPPLEMENTAL SECURITY MONEY. FIRST PRIORITY IS DAY-TO-DAY NEEDS FOR GOODS AND SHELTER. REMAINING BENEFITS ARE USED FOR PERSONAL NEEDS SUCH AS MEDICAL, CLOTHING, AND RECREATIONAL.


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Board, Officers & Key Employees

Name (title)Compensation
Kristina Skahaug
Vice President
$128,000
Mona Morrisette
Director
$4,160
Casey Skahaug
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$162,416
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $162,416

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