Nonprofit · EIN 06-1658256
KC FINANCIAL MGMT SERVICES INC
Tax-exempt · MINNEAPOLIS, MN 55419
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $198,761 | $197,228 | $1,533 | $85,577 | – | $85,577 |
| December 31, 2024 | 990-EZ | $189,327 | $149,866 | $39,461 | $84,044 | – | $84,044 |
| December 31, 2023 | 990-EZ | $184,844 | $175,709 | $9,135 | $44,583 | – | $44,583 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Program service revenue
- $198,761
Expenses
- Compensation of officers, directors and key employees
- $54,000
- Salaries, compensation and benefits (total)
- $54,000
- Professional fees and payments to contractors
- $10,672
- Occupancy
- $25,468
- Printing, publications and postage
- $19,167
- Other expenses
- $87,921
- Program services (functional)
- $53,605
Balance sheet and other
- Total assets, start of year
- $84,044
- Total assets, end of year
- $85,577
- Total liabilities, end of year
- –
- Net assets, end of year
- $85,577
- Cash, savings and investments
- $85,577
- Gross receipts
- $198,761
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kimberly A Kippels | Account Manager | 40 | $32,400 |
| Cheryl A Wetternach | Account Manager | 30 | $21,600 |
| Jessica Schmitz | Chair | 1 | $0 |
| Carol Adams | Treasurer | 1 | $0 |
| Ellen Haugh | Vice Chair | 1 | $0 |
990-EZ for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kimberly A Kippels | Account Manager | 40 | $32,400 |
| Cheryl A Wetternach | Account Manager | 30 | $21,600 |
| Jessica Schmitz | President | 1 | $0 |
| Carol Adams | Treasurer | 1 | $0 |
| Mary Healy | Secretary | 1 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kimberly A Kippels | Account Manager | 40 | $32,400 |
| Cheryl A Wetternach | Account Manager | 30 | $21,600 |
| Jessica Schmitz | President | 2 | $0 |
| Carol Adams | Treasurer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 19527, MINNEAPOLIS, MN 55419-0527
- In care of
- % CHERYL WETTERNACH
- Signed the 990-EZ
- Cheryl A Wetternach, Account Manager
Mission
Social Security Administration Fee For Service Organizational Rep Payee
Program accomplishments
- Occupancy rent utilities & maintenanceExpenses $25,468
- Covering bank fees for beneficiariesExpenses $18,592
- PostageExpenses $9,545
- KC Financial Mgmt Services is a Fee For Service Organizational Rep payee approved by the Social Security Administration to provide payee services to SSI & RSDI beneficiaries. We collect a monthly fee from our clients for our services. We assist them with managing their monthly income and function as a liaison between the individual and their creditors. Also we connect them with other providers and resources that are available in the area which they live. KC Financial ran smoothly during 2025 with staff being available Monday - Friday. Several clients have stopped by to pick up forms work out needed issues and or just to say hello during business hours. KC Financial was given a direct contact person at the Social Security Administration for the half of the year which was really help to us. However as federal workers were required to go back to work things were restructured and we were left without a contact person. We started the year with 318 clients and ended with 312.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 06-1658256
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2003
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P50)
- Assets (IRS master file)
- $85,577
- Income (IRS master file)
- $198,761
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $198,761 | $197,228 | $85,577 | XML |
| 990-EZ | December 2024 | $189,327 | $149,866 | $84,044 | XML |
| 990-EZ | December 2023 | $184,844 | $175,709 | $44,583 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 06-1658256).
Questions about KC FINANCIAL MGMT SERVICES INC
- What is the EIN of KC FINANCIAL MGMT SERVICES INC?
- The employer identification number (EIN) of KC FINANCIAL MGMT SERVICES INC is 06-1658256.
- Is KC FINANCIAL MGMT SERVICES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to KC FINANCIAL MGMT SERVICES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KC FINANCIAL MGMT SERVICES INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of KC FINANCIAL MGMT SERVICES INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KC FINANCIAL MGMT SERVICES INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of KC FINANCIAL MGMT SERVICES INC?
- The 990-EZ for the year ended December 31, 2025 lists 5 people; 2 received compensation from the organization, the highest $32,400 (Kimberly A Kippels, Account Manager).
- How much revenue does KC FINANCIAL MGMT SERVICES INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $198,761, expenses of $197,228 and total assets of $85,577 at year end.
Other nonprofits in MINNEAPOLIS
- YOUNG MENS CHRISTIAN ASSOCIATION OF THE NORTH EIN 45-2563299 · last filed 990 for 2024
- CATHOLIC CHARITIES OF THE ARCHDIOCESE OF ST PAUL & MPLS EIN 41-1302487 · last filed 990 for 2025
- PARENTS IN COMMUNITY ACTION EIN 41-0956226 · last filed 990 for 2025
- AVIVO EIN 41-0828779 · last filed 990 for 2024
- PROJECT FOR PRIDE IN LIVING INC EIN 23-7232208 · last filed 990 for 2024
- MINNESOTA MASONIC HOME CARE CENTER EIN 41-0693872 · last filed 990 for 2024
- JONES-HARRISON RESIDENCE CORPORATION EIN 41-0693899 · last filed 990 for 2025
- SHARING AND CARING HANDS INC EIN 36-3412619 · last filed 990 for 2025