Payee Central INC

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $300 a year.

How does your 990 look to donors? Take the 10-Question Audit

Payee Central is a non profit corporation required by the social security administration to act as a representative Payee for social security & ssi beneficiaries who need assistance.

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 54-2148150) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $11K a year · 3% of revenue · last 6 filings
A surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
99%
of spending
99% of spending went to programs.
Pt IX · Ln 25 · col B
1.0 mo
of spending, in cash
1.0 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
5
of 5 voting members
5 of 5 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$432K
+6% vs prior year
Spent
$388K
To programs
99%
Net assets
$34K
By yearFY2020–FY2025
Revenue
$432K
FY2025▲ +6%
Tap a bar for its year
Revenue by fiscal year
FY2020$373K
FY2021$293K
FY2022$355K
FY2023$388K
FY2024$408K
FY2025$432K
Expenses
$388K
FY2025▼ -4%
Tap a bar for its year
Expenses by fiscal year
FY2020$358K
FY2021$283K
FY2022$342K
FY2023$404K
FY2024$405K
FY2025$388K
Net assets
$34K
FY2025▲ +411%
Tap a bar for its year
Net assets by fiscal year
FY2020−$20K
FY2021−$10K
FY2022$2K
FY2023−$14K
FY2024−$11K
FY2025$34K

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2004.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $386K Management & general 0% · $1K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

John Widmark’s $42K as President is at the 29th percentile of top reported officer pay among 2168 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Payee Central INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Manages Social Security and SSI benefits for beneficiaries needing assistance.

Questions for Payee Central INC

Tap to ask. Payee Central INC sees how many people are interested.

Your first name shows with your question. Payee Central INC answers here, for everyone.

1 program · $386K · in their own filed words · FY2025
01

Payee central is a non profit corporation as required by the social security administration to act as a representative payee for social security and ssi beneficiaries.

Form 990 Part III, line 4, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 54-2148150) · Dispute this line
$386Kprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$432K
Ln 12
Fees for servicesLn 2g$432K
Investment incomeLn 3$34
Money outPt IX
$388K
Ln 25
Programscol B$386K
Managementcol C$1K
Owns and owesPt X
$34K
net assets · Ln 32
Cash and savingsLn 1–2$34K
Total assetsLn 16$34K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$432K
Investment incomeLn 3$34
Gains on assetsLn 7$0
Total revenueLn 12$432K
Assets in detailPt X, end of year
CashLn 1$34K
Cash and savings togetherLn 1–2$34K
Total assetsLn 16$34K
LiabilitiesLn 26$0
Net assetsLn 32$34K
OperationsPt I, VI
EmployeesI 53
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$4K$34K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$4K$34K
LiabilitiesLn 26$15K$0
Net assetsLn 32−$11K$34K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of officers and key staff (Part IX, line 5)Ln 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$176K$176K
Pension plan contributionsLn 8$5K$5K
Other employee benefitsLn 9$20K$20K
Payroll taxesLn 10$13K$13K
Management feesLn 11a$42K$42K
Legal feesLn 11b$0
Accounting feesLn 11c$4K$3K$1K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$31K$31K
Information technologyLn 14$15K$15K
RoyaltiesLn 15$0
OccupancyLn 16$20K$20K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$1K$1K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$18K$18K$338
Other expenses (24a–d)Ln 24$41K$41K
All other expensesLn 24e$646$646
Total functional expensesLn 25$388K$386K$1K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS May 14, 2026 $432K$388K$45K$34K 990 PDF
FY2024Filed with the IRS May 15, 2025 $408K$405K$4K−$11K 990 PDF
FY2023Filed with the IRS May 13, 2024 $388K$404K−$17K−$14K 990 PDF
FY2022Filed with the IRS May 15, 2023 $355K$342K$13K$2K 990 PDF
FY2021Filed with the IRS May 14, 2022 $293K$283K$10K−$10K 990 PDF
FY2020Filed with the IRS Jul 1, 2021 $373K$358K$15K−$20K 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments O · Explanations
See the full FY2025 990
Part I · Summary $432,351 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $408,151$432,317
I-10 Investment incomePrior year $23$34
I-11 Other revenue$0
I-12 Total revenuePrior year $408,174$432,351
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $235,452$215,035
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $169,122$172,722
I-18 Total expensesPrior year $404,574$387,757
I-19 Revenue less expensesPrior year $3,600$44,594
Part VI · Governance 5 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $432,351 across 8 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $432,317$432,317
VIII-3 Investment incomeExcluded from tax $34$34
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $432,317 · Excluded from tax $34$432,351
Part IX · Statement of functional expenses $387,757 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of officers and key staff (Part IX, line 5)$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $176,182$176,182
IX-8 Pension plan contributionsPrograms $5,110$5,110
IX-9 Other employee benefitsPrograms $20,371$20,371
IX-10 Payroll taxesPrograms $13,372$13,372
IX-11a Management feesPrograms $42,000$42,000
IX-11b Legal fees$0
IX-11c Accounting feesPrograms $3,062 · Management $1,070$4,132
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $30,605$30,605
IX-14 Information technologyPrograms $14,748$14,748
IX-15 Royalties$0
IX-16 OccupancyPrograms $20,075$20,075
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $1,007$1,007
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $17,704 · Management $338$18,042
IX-24 Other expenses (24a–d)Programs $41,467$41,467
IX-24e All other expensesPrograms $646$646
IX-25 Total functional expensesPrograms $386,349 · Management $1,408 · Fundraising $0$387,757
Part X · Balance sheet $33,731 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $4,168$33,731
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-5 Loans to officers and key people$0
X-6 Loans to other insiders$0
X-7 Notes and loans receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $4,168$33,731
X-26 Total liabilitiesStart of year $15,031$0
X-27 Net assets without donor restrictionsStart of year −$10,863$33,731
X-32 Total net assets or fund balancesStart of year −$10,863$33,731
X-33 Total liabilities and net assetsStart of year $4,168$33,731
Part XI · Reconciliation of net assets $33,731 net assets at year end
XI-1 Total revenue$432,351
XI-2 Total expenses$387,757
XI-3 Revenue less expenses$44,594
XI-4 Net assets at start of year−$10,863
XI-10 Net assets at end of year$33,731

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.