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Smile And Using Money Wisely Inc

Smile Payee Services

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

EIN: 621762726 ✦ Euclid, OH ✦ Designated as a 501(c)(3)

Overview

What is Smile And Using Money Wisely Inc?

Smile and Using Money Wisely Inc, also known as Smile Payee Services, is a nonprofit organization that offers representative payee, bill payment, and money management services to individuals receiving government or retirement benefits, work wages, or those requiring an alternate payee. Based on the provided information, the company's mission is to support people in managing their finances effectively. By providing these essential services, Smile Payee Services aims to empower individuals and ensure they have the necessary assistance in managing their financial needs.


Official website here: www.smilepayee.org

Is Smile And Using Money Wisely Inc legitimate?

Smile And Using Money Wisely Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Smile And Using Money Wisely 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $547,929

For more financial information, click here


Official website here: www.smilepayee.org

What is the mission statement of Smile And Using Money Wisely Inc?

Smile and Using Money Wisely Inc offers representative payee, bill payment, and money management services to individuals receiving government or retirement benefits, work wages, or those in need of an alternate payee. The company's mission is to provide essential financial assistance and ensure the proper management of funds for these individuals. Through its representative payee program, Smile and Using Money Wisely Inc acts as a trusted intermediary, managing beneficiaries' finances and making payments for bills and expenses on their behalf. The organization's client-focused approach aims to promote financial stability and independence for its clients. Its services not only help individuals manage their funds effectively but also offer peace of mind, providing reassurance that important financial obligations are met consistently.


Official website here: www.smilepayee.org

Who is the CEO of Smile And Using Money Wisely Inc?

Lawrence L Sharp Iii is the Ceo of Smile And Using Money Wisely Inc. The CEO's salary of Smile And Using Money Wisely Inc is $292,000 and their total compensation is $292,000.


Official website here: www.smilepayee.org

What is the revenue of Smile And Using Money Wisely Inc?

Smile And Using Money Wisely Inc's revenue in 2022 was $17,593,442.


Official website here: www.smilepayee.org

Who are the executives of Smile And Using Money Wisely Inc and what are their salaries?

Here are 10 key members and their salaries (Smile And Using Money Wisely Inc's CEO's salary is $292,000 and their total compensation is $292,000):

    Lawrence L Sharp Iii (Ceo) [Trustee/Director]
  • Compensation: $292,000
  • Related: $0
  • Other: $0

    • Linda Mitchell (Employee)
  • Compensation: $48,750
  • Related: $0
  • Other: $0

    • Michael Young (Employee)
  • Compensation: $43,500
  • Related: $0
  • Other: $0

    • John Ward (Employee)
  • Compensation: $40,600
  • Related: $0
  • Other: $0

    • Simone Gregory (Employee)
  • Compensation: $31,000
  • Related: $0
  • Other: $0

    • Katina Johnson (Employee)
  • Compensation: $25,100
  • Related: $0
  • Other: $0

    • Delphine Douglas (Employee)
  • Compensation: $9,750
  • Related: $0
  • Other: $0

    • Jenell Sharp (Employee)
  • Compensation: $6,000
  • Related: $0
  • Other: $0

    • Bridget Sharp (Co Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Slaughter (Co Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.smilepayee.org

    Where can I find the form 990 for Smile And Using Money Wisely Inc?

    The Smile And Using Money Wisely Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.smilepayee.org

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

    Mission Statement of Smile And Using Money Wisely Inc

    Smile and Using Money Wisely Inc, a renowned organization, is committed to assisting individuals in managing their financial affairs. The nonprofit specializes in providing representative payee, bill payment, and money management services for people receiving government or retirement benefits, work wages, or those who may require an alternate payee.

    At the heart of Smile and Using Money Wisely Inc's mission lies the dedication to ensuring the financial well-being of its clients. The organization takes pride in its ability to act as a payee on behalf of individuals who may have difficulty managing their finances due to various reasons, including age, disability, or lack of financial literacy. By assuming this role, Smile and Using Money Wisely Inc enables its clients to focus on other aspects of their lives, such as health or personal development.

    Additionally, Smile and Using Money Wisely Inc offers bill payment services, ensuring that essential expenses are met promptly and accurately. This not only helps clients avoid late fees and penalties but also provides them with peace of mind, knowing that their financial obligations are being handled in a responsible manner. The organization's money management services further enhance its clients' financial stability by helping them create and adhere to budgets, manage debts, and make informed financial decisions.

    Smile and Using Money Wisely Inc's client payee services round out its comprehensive offerings, providing an all-encompassing solution for individuals seeking assistance in managing their financial affairs. Through its various services, the organization empowers its clients to maintain their financial independence while alleviating the stress and complexities often associated with managing finances.

    Impact

    This information is meant to be a general summary of Smile And Using Money Wisely Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Smile And Using Money Wisely Inc, through its Smile Payee Services, has a direct and positive impact on individuals in need of representative payee, bill payment, and money management services. By providing these essential services, the organization supports people receiving government or retirement benefits, work wages, or those who require an alternate payee to effectively manage their finances. Through its program, Smile And Using Money Wisely Inc contributes to financial stability and independence for its clients, ultimately fostering a sense of security and peace of mind in their financial affairs.





    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 2022.

  • Investment Income: $0
  • Program Service Revenue: $17,593,442
  • Gross Receipts: $17,593,442

    • Assets and Liabilities:
  • Total Assets: $5,056,452
  • Total Liabilities: $2,371,643
  • Net Assets: $2,684,809
  • Programs

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

    PAYEE SERVICES

    Revenue

    $17,593,442

    Organization Details

    Founding Year

    1998

    Principal Officer

    Lawrence L Sharp Iii

    Main Address

    21900 ST CLAIR AVENUE, Euclid, OH, 441171036

    NTEE Category

    Code: P20 - Human services

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