nonprofit logo

1st Corp Services Inc

Payco

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

EIN: 311627005 ✦ Columbus, OH ✦ Designated as a 501(c)(3)

Overview

What is 1st Corp Services Inc?

1st Corp Services Inc, operating under the name PayCo, is a nonprofit organization situated in Columbus, Ohio. Their primary role involves providing financial counseling and acting as a representative payee for individuals in the community who receive Social Security income. These individuals may have mental health or developmental disabilities. The organization's services include managing their finances, completing Social Security Administration paperwork, and providing benefit analysis. With a team of 12 employees, 1st Corp Services Inc aims to ensure financial security and independence for the individuals they serve.


Official website here: www.paycopayee.org

Is 1st Corp Services Inc legitimate?

1st Corp Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 1st Corp Services 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.

Here are some key statistics you may want to consider:

Executive Compensation: $139,220
Professional Fundraising Fees: $0
Other Salaries and Wages: $292,663

For more financial information, click here


Official website here: www.paycopayee.org

What is the mission statement of 1st Corp Services Inc?

1st Corp Services Inc is a voluntary professional payeeship program that aids mentally health and developmentally disabled individuals who collect income from the Social Security Administration. Their primary mission is to offer money managing services, completing all necessary Social Security Administration paperwork and providing benefit analysis for these individuals. The organization's goal is to simplify the process for those in the community who receive Social Security income and are required to have a representative payee, offering financial counseling as part of their services.


Official website here: www.paycopayee.org

Who is the CEO of 1st Corp Services Inc?

Lynn Nichols is the President of 1st Corp Services Inc. The CEO's salary of 1st Corp Services Inc is $65,500 and their total compensation is $67,465.


Official website here: www.paycopayee.org

What is the revenue of 1st Corp Services Inc?

1st Corp Services Inc's revenue in 2021 was $846,915.


Official website here: www.paycopayee.org

Who are the executives of 1st Corp Services Inc and what are their salaries?

The average compensation at 1st Corp Services Inc during 2021 was $35,990. There are 12 employees at 1st Corp Services Inc.

Here are 3 key members and their salaries (1st Corp Services Inc's CEO's salary is $65,500 and their total compensation is $67,465):

    Brittany Mccoy (Board Member) [Trustee/Director]
  • Compensation: $73,720
  • Related: $0
  • Other: $2,212

    • Lynn Nichols (Ceo) [Trustee/Director]
  • Compensation: $65,500
  • Related: $0
  • Other: $1,965

    • Gary Long (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.paycopayee.org

    Where can I find the form 990 for 1st Corp Services Inc?

    The 1st Corp Services Inc’s most recent form 990 was submitted in 2021 and can be accessed here


    Official website here: www.paycopayee.org

    Learn more at the official website: www.paycopayee.org

    Mission Statement of 1st Corp Services Inc

    1st Corp Services Inc is a voluntary professional payeeship program committed to assisting mental health and developmentally disabled individuals. Their primary mission is to manage the financial affairs of these individuals who receive income from the Social Security Administration. The organization takes on this responsibility by completing all necessary Social Security Administration paperwork and providing a benefit analysis. This service ensures that the individuals under their care are effectively managing their funds, providing them with financial stability and peace of mind.

    Impact

    This information is meant to be a general summary of 1st Corp Services Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    1st Corp Services Inc's impact lies in its crucial role in providing financial counseling and representing payeeship for individuals in the community who receive Social Security income and are required to have a representative payee. By assisting mental health and developmentally disabled individuals in managing their money and navigating the complexities of the Social Security Administration, 1st Corp Services plays a significant role in ensuring the financial stability and well-being of vulnerable members of society. Their services not only help individuals access and manage their essential income but also provide valuable support in completing paperwork and conducting benefit analysis. Overall, 1st Corp Services contributes to improving the quality of life for those they serve by offering vital financial guidance and representation.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $4,573
  • Program Service Revenue: $823,225
  • Gross Receipts: $846,915

    • Assets and Liabilities:
  • Total Assets: $5,234,297
  • Total Liabilities: $4,689,909
  • Net Assets: $544,388
  • Programs

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

    MONEY MGMT & SS CONSULT FEES

    Revenue

    $823,225

    Organization Details

    Founding Year

    1998

    Principal Officer

    Lynn Nichols

    Main Address

    PO BOX 6006, COLUMBUS, OH, 43206

    NTEE Category

    Code: P99 - Human services

    If you are a representative of 1st Corp Services Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.