State Treasurer John Perdue presented a local mental health agency with a $14,314 unclaimed property check Wednesday, during a ceremony at the Treasurer’s State Capitol office.
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Relaxing before the ceremony were Treasurer Perdue and Arc of the Three Rivers board member Sam Crosby (middle) and assistant executive director Mark Spradling.Arc of the Three Rivers representatives were on hand to receive the check. Assistant executive director Mark Spradling said the agency is grateful for any extra assistance it receives.
“Anytime we don’t have to worry about the day-to-day finances and something helps stabilize us it makes it easier to keep our eyes on our mission, which is to help reach individuals who need services,” Spradling said.
The check represents four apparent grant payments from the state Department of Health and Human Resources, checks which fell through the cracks and into Unclaimed Property. Some of the agency’s funding comes from such grants.
“I’m always thrilled to reunite rightful owners with their assets,” Treasurer Perdue said. “It’s particularly rewarding when that person or entity in turn serves others, such as in this instance. I happily present this check.”
Arc of the Three Rivers is a full service mental health agency serving Boone, Clay, Kanawha and Putnam counties. Its services include group home operation, individual and family counseling, case management, behavior management and crisis intervention.
The organization employs more than 200 people and provides services to approximately 200 persons. Most suffer from intellectual and developmental disabilities.
“It’s always nice to have something like this happen,” Spradling said. “Obviously we have a lot of staff who work hard. It’s nice to be able to tell them some good news.”
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Treasurer Perdue presented a $14,000 unclaimed property check to Arc of Three Rivers assistant executive director Mark Spradling (middle) and board member Sam Crosby, during a recent presentation at the Treasurer’s Office.Treasurer Perdue’s office has returned more than $160 million to rightful owners of unclaimed property since he took office in January of 1997. Unclaimed property is any asset from which the rightful owner has become separated, such as a forgotten utility deposit, a left-behind final paycheck or the contents of a safe deposit box.
By law, unclaimed property holders are required to report to the State Treasury any assets unintentionally left behind or misplaced by the rightful owner, such as the former renter of a safe deposit box. Once the Treasury takes custody of the assets the office begins the process of finding rightful owners.