Nonprofit · EIN 20-0550190
BENEFITS MANAGEMENT INC
Tax-exempt · WILMINGTON, NC 28401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $501,566 | $500,060 | $1,506 | $3,526 | $0 | $3,526 |
| December 31, 2024 | 990 | $507,538 | $509,468 | -$1,930 | $2,020 | $0 | $2,020 |
| December 31, 2023 | 990 | $485,974 | $484,900 | $1,074 | $3,950 | $0 | $3,950 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $501,566
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $192,668
- Other salaries and wages
- $147,669
- Salaries, compensation and benefits (total)
- $380,853
- Professional fundraising fees
- $0
- Occupancy
- $38,540
- Program services (functional)
- $500,060
Balance sheet and other
- Total assets, start of year
- $2,020
- Total assets, end of year
- $3,526
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,526
- Net assets without donor restrictions
- $3,526
- Gross receipts
- $501,566
- Employees
- 6
- Volunteers
- 0
- Year formed
- 2004
- State of legal domicile
- NC
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 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Teresa Motsinger | Director Trustee or director, Officer, Key employee, Highest-paid employee | 40.5 | $96,334 |
| Anna Spelzhausen | Director Trustee or director, Officer, Key employee, Highest-paid employee | 38 | $96,334 |
990 for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Teresa Motsinger | Director Trustee or director, Officer, Key employee, Highest-paid employee | 40.5 | $96,183 |
| Anna Spelzhausen | Director Trustee or director, Officer, Key employee | 38 | $94,124 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Teresa Motsinger | Director Trustee or director, Officer, Key employee, Highest-paid employee | 40.5 | $96,715 |
| Anna Spelzhausen | Director Trustee or director, Officer, Key employee, Highest-paid employee | 38 | $96,715 |
Address and contacts
- Address (IRS master file)
- 219 N 2ND ST, WILMINGTON, NC 28401-3901
- In care of
- % ANNA SPEIZHAUSEN
- Principal officer (990 for 2025)
- Teri Motsinger, 202 Bayshore Dr, Wilmington, NC 28411
- Signed the 990
- Teri Motsinger, Director
- Phone
- (910) 798-2855
Mission
Providing options for improving the standard of living and promoting financial literacy through the management of Social Security benefit checks for qualifying individuals.
Program accomplishments
- Benefits Management helped approximately 900 clients to obtain financial stability and improve their standard of living.Expenses $500,060 · revenue $501,566
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 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-0550190
- 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
- 2005
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P99)
- Assets (IRS master file)
- $3,526
- Income (IRS master file)
- $501,566
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $501,566 | $500,060 | $3,526 | IRS |
| 990 | December 2024 | $507,538 | $509,468 | $2,020 | IRS |
| 990 | December 2023 | $485,974 | $484,900 | $3,950 | XML |
| 990 | December 2022 | $467,609 | $467,182 | $2,876 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 20-0550190).
Questions about BENEFITS MANAGEMENT INC
- What is the EIN of BENEFITS MANAGEMENT INC?
- The employer identification number (EIN) of BENEFITS MANAGEMENT INC is 20-0550190.
- Is BENEFITS MANAGEMENT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to BENEFITS MANAGEMENT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BENEFITS MANAGEMENT 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 BENEFITS MANAGEMENT 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 BENEFITS MANAGEMENT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of BENEFITS MANAGEMENT INC?
- The 990 for the year ended December 31, 2025 names Teri Motsinger.
- Who are the officers and directors of BENEFITS MANAGEMENT INC?
- The 990 for the year ended December 31, 2025 lists 2 people; 2 received compensation from the organization, the highest $96,334 (Teresa Motsinger, Director).
- How much revenue does BENEFITS MANAGEMENT INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $501,566, expenses of $500,060 and total assets of $3,526 at year end.
Other nonprofits in WILMINGTON
- LOWER CAPE FEAR HOSPICE INCORPORATED EIN 56-1216682 · last filed 990 for 2025
- YOUNG MENS CHRISTIAN ASSOCIATION OF SOUTHEASTERN NORTH CAROLINA INC EIN 56-0532317 · last filed 990 for 2025
- COUNTRY CLUB OF LANDFALL EIN 56-2088317 · last filed 990 for 2025
- COMMUNITIES IN SCHOOLS OF CAPE FEAR INC EIN 20-3385755 · last filed 990 for 2025
- LEADING INTO NEW COMMUNITIES INC EIN 56-2135792 · last filed 990 for 2025
- LOWER CAPE FEAR HOSPICE FOUNDATION INC EIN 56-1391849 · last filed 990 for 2025
- YWCA OF THE LOWER CAPE FEAR INC EIN 56-0556766 · last filed 990 for 2025
- PAWS4PEOPLE INC EIN 54-1948479 · last filed 990 for 2025
All nonprofits in WILMINGTON · North Carolina · Human services