Veterans North East Outreach Center Inc is located in Haverhill, MA. The organization was established in 1986. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2021, Veterans North East Outreach Center Inc employed 90 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Veterans North East Outreach Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Veterans North East Outreach Center Inc generated $5.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $6.1m during the year ending 06/2021. While expenses have increased by 8.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE RESIDENTIAL AND OTHER SUPPORT SERVICES FOR LOCAL VETERANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COUNSELING AND SUPPORT OF VETERANS INCLUDING PROVIDING HOUSING FOR FORMERLY HOMELESS VETERANS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Edward Mitchell CEO | Officer | 40 | $144,990 |
Rocco Vandermerwe CFO | Officer | 40 | $100,483 |
Eric Nelson President | OfficerTrustee | 1 | $0 |
Robert Difazio Vice President | OfficerTrustee | 1 | $0 |
Greg Shaw Treasurer | OfficerTrustee | 1 | $0 |
Lenin Roa Secretary | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $4,671,517 |
All other contributions, gifts, grants, and similar amounts not included above | $186,313 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,857,830 |
Total Program Service Revenue | $679,653 |
Investment income | $1,593 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $34,835 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,723,835 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $273,994 |
Compensation of current officers, directors, key employees. | $273,994 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,984,789 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $231,459 |
Payroll taxes | $215,089 |
Fees for services: Management | $0 |
Fees for services: Legal | $11,247 |
Fees for services: Accounting | $54,800 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $35,827 |
Advertising and promotion | $6,850 |
Office expenses | $43,893 |
Information technology | $61,689 |
Royalties | $0 |
Occupancy | $1,241,508 |
Travel | $36,112 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $58,138 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $325,867 |
Insurance | $74,685 |
All other expenses | $0 |
Total functional expenses | $6,103,553 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $26,853 |
Savings and temporary cash investments | $418,325 |
Pledges and grants receivable | $347,174 |
Accounts receivable, net | $147,660 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $59,610 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $31,060 |
Net Land, buildings, and equipment | $7,213,258 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $8,243,940 |
Accounts payable and accrued expenses | $324,555 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $3,244,136 |
Unsecured mortgages and notes payable | $100,000 |
Other liabilities | $3,018,057 |
Total liabilities | $6,686,748 |
Net assets without donor restrictions | $1,557,192 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $8,243,940 |
Over the last fiscal year, we have identified 4 grants that Veterans North East Outreach Center Inc has recieved totaling $92,672.
Awarding Organization | Amount |
---|---|
George C Wadleigh Foundation Inc Groveland, MA PURPOSE: CHARITABLE | $81,560 |
Robert Irvine Foundation Inc Tampa, FL PURPOSE: GENERAL SUPPORT | $10,000 |
We Share A Common Thread Foundation Inc Lowell, MA PURPOSE: EXEMPT PURPOSES | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $112 |
Organization Name | Assets | Revenue |
---|---|---|
Soldier On Inc Pittsfield, MA | $26,254,508 | $13,386,266 |
Americas Vetdogs The Veterans K9 Corps Inc Smithtown, NY | $4,103,216 | $9,390,820 |
United Spinal Association Inc Kew Gardens, NY | $8,457,849 | $8,910,555 |
Coast Guard Foundation Inc Stonington, CT | $21,630,462 | $10,406,014 |
Usa Veteran And Military Support Foundation Inc Buzzards Bay, MA | $1,068 | $7,423,561 |
Veterans North East Outreach Center Inc Haverhill, MA | $8,243,940 | $5,723,835 |
Veterans Outreach Center Inc Rochester, NY | $10,292,940 | $5,967,513 |
Army Aviation Association Of America Inc Monroe, CT | $11,637,681 | $3,912,077 |
Common Defense Civic Engagement New York, NY | $599,694 | $2,910,495 |
American Legion Troy, NY | $13,558,229 | $3,222,198 |
United War Veterans Council Inc New York, NY | $437,790 | $1,827,572 |
Southeastern Massachusetts Veterans Housing Program Inc New Bedford, MA | $3,405,175 | $1,838,019 |