Workmoney Inc

Workmoney

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

EIN: 850604101 ✦ Milwaukee, WI ✦ Designated as a 501(c)(4)

Overview

What is Workmoney Inc?

Workmoney Inc, also known as WORKMONEY, is a Milwaukee, Wisconsin-based nonprofit organization with a mission to help financially struggling Americans cope with economic challenges. They reach out to millions of people through various communication channels, providing crucial information on topics such as tax credits, stimulus programs, and benefits during times of crisis, like the COVID-19 pandemic. Dedicated to making life more affordable and economically secure for all Americans, Workmoney aims to lower costs and raise incomes. With a workforce of 47 employees, they continue their efforts to ensure families in need have access to valuable resources and information.


Official website here: www.workmoney.com

Is Workmoney Inc legitimate?

Workmoney Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Workmoney 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $721,660
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,248,149

For more financial information, click here


Official website here: www.workmoney.com

What is the mission statement of Workmoney Inc?

Workmoney Inc is committed to making life more affordable for all Americans by both reducing expenses and increasing incomes. This dedication aims to provide economic security for families, helping them better manage financial challenges. The organization reached out to millions of financially struggling Americans during the economic crisis caused by the COVID-19 pandemic, sharing valuable real-time information. They communicated across various channels, providing crucial updates on tax credits, stimulus programs, and other beneficial programs and services.


Official website here: www.workmoney.com

Who is the CEO of Workmoney Inc?

Carrie Joy Grimes is the President & Ceo of Workmoney Inc. The CEO's salary of Workmoney Inc is $228,712 and their total compensation is $269,921.


Official website here: www.workmoney.com

What is the revenue of Workmoney Inc?

Workmoney Inc's revenue in 2022 was $31,104,409.


Official website here: www.workmoney.com

Who are the executives of Workmoney Inc and what are their salaries?

The average compensation at Workmoney Inc during 2022 was $105,741. There are 47 employees and 3 volunteers at Workmoney Inc.

Here are 11 key members and their salaries (Workmoney Inc's CEO's salary is $228,712 and their total compensation is $269,921):

    Carrie Joy Grimes (President & Ceo) [Trustee/Director]
  • Compensation: $228,712
  • Related: $0
  • Other: $41,209

    • Winsor Aldeborgh (Vp Data & Analytics)
  • Compensation: $204,417
  • Related: $0
  • Other: $28,232

    • Kathryn Bethell (Coo)
  • Compensation: $227,596
  • Related: $0
  • Other: $120

    • Rachel Lauter (Chief Strategy Officer & General Counsel)
  • Compensation: $212,216
  • Related: $0
  • Other: $11,806

    • Jonathan Savitch (Chief Product Officer Thru 8/2022)
  • Compensation: $189,589
  • Related: $0
  • Other: $25,693

    • Tiffany Ferguson (Vp Operations)
  • Compensation: $192,989
  • Related: $0
  • Other: $21,989

    • Anjali Sakaria (Vp Advocacy)
  • Compensation: $197,400
  • Related: $0
  • Other: $12,720

    • Michael M Enriquez (Former Director, Vp Organizing)
  • Compensation: $189,251
  • Related: $0
  • Other: $18,676

    • Pete Davies (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brina Milikowsky (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nick Hanauer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.workmoney.com

    Where can I find the form 990 for Workmoney Inc?

    The Workmoney Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.workmoney.com

    Learn more at the official website: www.workmoney.com

    Mission Statement of Workmoney Inc

    Workmoney Inc, a dedicated organization, strives to lower costs and raise incomes for all Americans. By making life more affordable and economically secure, they aim to help families overcome financial challenges. Through their outreach efforts, they communicate with millions of financially struggling Americans, delivering valuable real-time information to help them navigate economic crises. In the context of the COVID-19 pandemic, Workmoney provided essential information across various communication channels, informing Americans about tax credits, stimulus programs, and other beneficial programs and services.

    Impact

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




    Thursday, August 15, 2024

    Workmoney Inc is dedicated to lowering costs and raising incomes for all Americans, making life more affordable and families more economically secure. Through outreach efforts, Workmoney has communicated with millions of financially struggling and hard-to-reach Americans, delivering valuable real-time information to help them better weather financial challenges. Specifically, during the economic crisis caused by the COVID-19 pandemic, Workmoney provided information across a range of communication channels on tax credits, stimulus programs, and other benefit programs and services to help Americans navigate these difficult times. Their impactful work has helped many individuals and families access much-needed resources and support during times of financial uncertainty.





    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: $2,179
  • Program Service Revenue: $23,345
  • Gross Receipts: $31,104,409

    • Assets and Liabilities:
  • Total Assets: $12,929,547
  • Total Liabilities: $430,566
  • Net Assets: $12,498,981
  • Programs

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

    ADVERTISING

    Revenue

    $22,095

    HONORARIUM

    Revenue

    $1,000

    MEMBERSHIP DUES

    Revenue

    $250

    Organization Details

    Founding Year

    2020

    Principal Officer

    Carrie Joy Grimes

    Main Address

    790 N MILWAUKEE STREET STE 300, MILWAUKEE, WI, 53202

    NTEE Category

    Code: Z99 - Unknown

    If you are a representative of Workmoney 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.