Olean Veterans Club Inc
- Assets
- $260.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Olean, NY
- Founding
- 08/1946
- Data as of
- 07/2024
- EIN
- 16-0577218
Organization Overview
Olean Veterans Club Inc is located in Olean, NY. The organization was established in 1946. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Olean Veterans Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 07/2024, Olean Veterans Club Inc generated $163.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $177.8k during the year ending 07/2024. While expenses have increased by 17.2% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
PROVIDES SERVICES TO LOCAL VETERANS AND THEIR FAMILIES.ASSISTS THE LOCAL VETERANS HOSPITAL AND OTHER CHARITABLE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Calbi Commander | 10 | $0 | |
Lawrence L Howard Sr Vice Commander | 10 | $0 | |
Timothy Quattrone Jr Vice Commander | 10 | $0 | |
Terrance M Vaughn Quartermaster | 10 | $0 | |
Terrance M Vaughn Appointed | 10 | $0 | |
Ronald G Lott Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $140,537 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $23,188 |
| Total Revenue | $163,725 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $177,844 |
| Total expenses | $177,844 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $173,252 |
| Other assets | $0 |
| Total assets | $260,281 |
| Total liabilities | $0 |
| Net assets or fund balances | $260,281 |