Vail Veterans Foundation Inc
- Assets
- $5.7m
- Revenue
- $1.9m
- Investments
- $2.3m
- Employees
- 5
- Location
- Vail, CO
- Founding
- 07/2007
- Data as of
- 12/2022
- EIN
- 20-5254885
Organization Overview
Vail Veterans Foundation Inc is located in Vail, CO. The organization was established in 2007. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. As of 12/2022, Vail Veterans Foundation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vail Veterans Foundation 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 12/2022, Vail Veterans Foundation Inc generated $1.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE MILITARY INJURED AND THEIR FAMILIES INNOVATIVE AND TRANSFORMATIONAL PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WINTER RECREATIONAL PROGRAMS (INCLUDING SKIING, SNOWBOARDING, AND CROSS COUNTRY SKIING) FOR SEVERELY WOUNDED VETERANS AND THEIR FAMILIES, PROVIDED AT NO COST TO PARTICIPANTS.
OTHER PROGRAM SERVICES INCLUDE VAIL VETERANS PROGRAM, WHICH ALLOWS FOR INDIVIDUAL FAMILIES TO CONTINUE IN THE HEALING PROCESS BY RETURNING AS A PARTICIPANT; ALL PROVIDED AT NO COST TO PARTICIPANTS. OUR MISSION CONTINUES SUPPORTS ALUMNI AND OTHERS THROUGH THE COVID-19 PANDEMIC BY ENHANCING THE WELL-BEING OF WOUNDED VETERANS AT HOME AND LETS THEM KNOW THE FOUNDATION IS THERE FOR THEM AS THEY CONTINUE THEIR JOURNEY OF HEALING.
CAREGIVERS PROGRAMS SUPPORT CAREGIVERS OF WOUNDED SERVICE MEMBERS, THROUGH PARTICIPATION IN SELF-AWARENESS PROGRAMS, YOGA, MEDITATION, OUTDOOR RECREATION, SPA TREATMENTS, AND GROUP MEALS; ALL PROVIDED AT NO COST TO PARTICIPANTS. THE CAREGIVERS RETREAT PROGRAM ENCOURAGES CAREGIVERS OF WOUNDED VETERANS TO CONNECT WITH OTHERS EXPERIENCING SIMILAR CHALLENGES, PROVIDES THEM WITH SUSTAINABLE TOOLS TO INCORPORATE INTO THEIR DAILY LIVES, AND OFFERING THEM THE OPPORTUNITY TO RELAX AND REJUVENATE IN A SAFE AND COMFORTABLE ENVIRONMENT. CAREGIVERS RETREAT ALUMNI ARE INVITED BACK TO CONTINUE THEIR HEALING JOURNEY, AND BUILD UPON THE SKILLS AND COMMUNITIES GAINED DURING THE CAREGIVERS RETREAT.
SUMMER RECREATIONAL PROGRAMS (INCLUDING WHITEWATER RAFTING, ZIPLINING, HORSEBACK RIDING, FLY FISHING, GOLF, MOUNTAIN BIKING, FOR SEVERELY WOUNDED VETERANS AND THEIR FAMILIES, PROVIDED AT NO COST TO PARTICIPANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Jeffrey Tomlin Chairman / President | OfficerTrustee | 1 | $0 |
Cpt Dawn Halfaker Ret Vice Chairman | OfficerTrustee | 1 | $0 |
Mike Brown Treasurer | OfficerTrustee | 1 | $0 |
Nathan Waldon Secretary | OfficerTrustee | 1 | $0 |
Lt Col David Rozelle Ret Director | Trustee | 1 | $0 |
Michael Galvin Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Johnson & Johnson Human Performance Inst Participant Training | 12/30/19 | $197,112 |
Vail Resorts Participant Instruction | 12/30/19 | $148,980 |
Vail Mariott Participant Lodging And Meals | 12/30/19 | $136,732 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,837,046 |
| Noncash contributions included in lines 1a–1f | $483,328 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,837,046 |
| Total Program Service Revenue | $0 |
| Investment income | $205,136 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$189,516 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,852,666 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $467,491 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $39,812 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $34,253 |
| Fees for services: Other | $0 |
| Advertising and promotion | $23,977 |
| Office expenses | $112,670 |
| Information technology | $1,318 |
| Royalties | $0 |
| Occupancy | $41,815 |
| Travel | $488,819 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,270 |
| Insurance | $2,524 |
| All other expenses | $5,000 |
| Total functional expenses | $1,427,250 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $678,200 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $88,350 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $50,911 |
| Net Land, buildings, and equipment | $14,916 |
| Investments—publicly traded securities | $2,484,472 |
| Investments—other securities | $2,337,818 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,654,667 |
| Accounts payable and accrued expenses | $21,233 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $21,233 |
| Net assets without donor restrictions | $5,488,057 |
| Net assets with donor restrictions | $145,377 |
| 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 | $5,654,667 |