Below is a summary of PayCo’s services:
- · Maintain Social Security Benefits
- Ensuring Medicare coverage is set correctly (drug/prescription plans), ensuring clients are eligible to receive all available Medicare benefits
- · Monthly processing of Social Security deposits
- · Manage work income
- Direct deposit is available. Pay stubs must be emailed or faxed to PayCo each pay period. PayCo submits these to the appropriate SSA office monthly.
- · Process monthly bill payments to ensure all essential bills are paid promptly.
- · Complete income and asset reporting for clients with subsidized housing, including providing income verification and statements.
- · Provide requested documentation to Job and Family Services
- · Conduct needs assessments to determine and prioritize beneficiaries’ current needs.
- · Budgeting and savings reviews to ensure all budgets cover monthly bills.
- · Address billing issues by contacting vendors on the client’s behalf, as permitted.
- · Distribute discretionary spending monthly or weekly, via PayCard or paper check.
- · Social Security advocacy/Benefit Management
- Prepare monthly and annual reports, including Rep Payee Reports, Continuing Disability reports, work activity reports, and updates on living situations. Redeterminations scheduled by the Social Security office are completed in-house and typically do not require the client’s presence. If needed, an in-office meeting will be arranged.
- · Maintain accurate records of all payments received and expenditures. Maintain all receipts required by the Social Security Administration.
- · Money Management Waiver Services, with the monthly fee covered by the State of Ohio and billed according to services provided.
- · Advocate to ensure beneficiaries receive all entitled benefits and services, including support with landlord and vendor issues.
- · Offer monthly meetings upon request. For cases involving multiple professionals, meetings can be held at your location.
- · Providing monthly reporting to clients/guardians/professional advocates
- Includes monthly account statements, PayCard usage statements, quarterly Stable account statements, or as needed
- · Conduct quarterly in-person check-ins with SL Providers.
- · Stable Account Management- PayCo can open new Stable accounts as well as take over existing Stable accounts as the Authorized Legal Representative and monitor these accounts (submitting funds for clients who are over assets, requesting funds for clients who need additional money)
- · PayCo is audited every 3 years by Disability Rights of Ohio on behalf of the Social Security Administration
Our Mission Statement
Payco: Large enough to serve, small enough to care. PayCo is a representative payee organization responsible for managing Social Security benefits for individuals with disabilities. Our primary purpose is to assist individuals with maintaining good financial standing with their bills and financial responsibilities. By creating relationships based on respect for our client's needs and with their input, PayCo provides peace of mind, knowing that their finances are being attended to responsibly and consistently with care.
Our History
1st C.O.R.P. Services DBA PayCo is a voluntary professional payeeship program, and the first of its kind in the Columbus area. We opened our doors in 1999 out of a need for an objective and responsible money management service to assist mental health and developmentally disabled individuals. PayCo is a non-profit organization that is fully self-supporting. We manage monies for those individuals who collect income from the Social Security Administration. We ensure all of our clients’ bills are paid promptly and that we meet their financial needs within the limits of their income. In addition to our monthly bill payment service, we also complete all Social Security Administration paperwork and provide benefit analysis to ensure that our individuals are receiving all the benefits they are entitled to in the state of Ohio.
Here at PayCo, every client is given an Account Manager who develops a personalized budget for their specific needs. Our account managers have strict internal policies and procedures that they must follow to guarantee objectivity when managing budgets. Although they may only regularly have contact with their Account Manager, there is a team of professionals who support our clients. We have a separate Accounts Payable department that ensures the security and responsibility of their money in the form of payment processing.
We are regulated and audited by the Social Security Administration. We strive to maintain excellent relations not only with our clients but also with the professionals and guardians who serve them.
1st C.O.R.P. Services DBA PayCo is a voluntary professional payeeship program, and the first of its kind in the Columbus area. We opened our doors in 1999 out of a need for an objective and responsible money management service to assist mental health and developmentally disabled individuals. PayCo is a non-profit organization that is fully self-supporting. We manage monies for those individuals who collect income from the Social Security Administration. We ensure all of our clients’ bills are paid promptly and that we meet their financial needs within the limits of their income. In addition to our monthly bill payment service, we also complete all Social Security Administration paperwork and provide benefit analysis to ensure that our individuals are receiving all the benefits they are entitled to in the state of Ohio.
Here at PayCo, every client is given an Account Manager who develops a personalized budget for their specific needs. Our account managers have strict internal policies and procedures that they must follow to guarantee objectivity when managing budgets. Although they may only regularly have contact with their Account Manager, there is a team of professionals who support our clients. We have a separate Accounts Payable department that ensures the security and responsibility of their money in the form of payment processing.
We are regulated and audited by the Social Security Administration. We strive to maintain excellent relations not only with our clients but also with the professionals and guardians who serve them.
