Vetgroup Inc
- Assets
- $8.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 7
- Location
- Forked River, NJ
- Founding
- 03/1990
- Data as of
- 12/2021
- EIN
- 22-2840165
Organization Overview
Vetgroup Inc is located in Forked River, NJ. The organization was established in 1990. 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 12/2021, Vetgroup Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vetgroup 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 12/2021, Vetgroup Inc generated $116.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.0%) each year. All expenses for the organization totaled $152.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.0%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE JOB COUNSELING AND REFERRALS, PSYHCOLOGICAL DRUG AND ALCOHOL COUNSELING AND BUDGET AND FINANCE ASSISTANCCE TO VETERANS. ALSO, TO PROVIDE EMERGENCY ASSISTANCE TO VETERANS FACING HOMELESSNESS AND OTHER EMERGENCIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Surtees Director | 40 | $18,638 | |
Joseph Starkey Director | 30 | $16,440 | |
Richard O'meara President | 0 | $0 | |
Bernard Snyder Trustee | 0 | $0 | |
Kenneth Hansen Vice President | 0 | $0 | |
Frank Stack Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,205 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $40,927 |
| Total Revenue | $116,134 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $107,893 |
| Professional fees and other payments to independent contractors | $3,824 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $40,807 |
| Total expenses | $152,524 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,318 |
| Other assets | $0 |
| Total assets | $8,351 |
| Total liabilities | $3,214 |
| Net assets or fund balances | $5,137 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Vetgroup Inc has recieved totaling $29,500.
| Awarding Organization | Amount |
|---|---|
Oceanfirst Foundation Toms River, NJ PURPOSE: VETWORK HOMELESS PREVENTION PROGRAM | $20,000 |
Oceanfirst Foundation Toms River, NJ PURPOSE: HOME RUNS FOR HEROES | $5,000 |
Gsb Family Foundation Inc Vero Beach, FL PURPOSE: CHARITABLE PURPOSES | $4,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Black Veterans For Social Justice Inc Brooklyn, NY | $26,444,662 | $57,468,816 |
Veterans Multi-Service Center Inc Philadelphia, PA | $4,990,474 | $14,923,218 |
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 |
Veterans Leadership Program Of Western Pennsylvania Inc Pittsburgh, PA | $2,368,240 | $7,560,705 |
Veterans Outreach Center Inc Rochester, NY | $10,292,940 | $5,967,513 |
Veterans Research Foundation Pittsburgh, PA | $4,865,557 | $2,533,091 |
American Legion Wormleysburg, PA | $6,891,300 | $3,184,606 |
Common Defense Civic Engagement New York, NY | $599,694 | $2,910,495 |
American Legion Troy, NY | $13,558,229 | $3,222,198 |
Veterans Of Foreign Wars Of The United States Dept Of Pennsylvania Harrisburg, PA | $9,683,468 | $3,300,434 |
Veterans Bio-Medical Research Institute Inc East Orange, NJ | $1,075,149 | $1,989,027 |