Amvets
- Assets
- $246.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Somers Point, NJ
- Founding
- 10/1972
- Data as of
- 06/2022
- EIN
- 22-6074175
Organization Overview
Amvets is located in Somers Point, NJ. The organization was established in 1972. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Amvets is a 501(c)(19) and as such, is described as a "Post or Organization of Past or Present Members of the Armed Forces" by the IRS.
For the year ending 06/2022, Amvets generated $99.4k 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 (13.6%) each year. All expenses for the organization totaled $83.5k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDING SERVICES TO VETERANS
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $98,141 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,281 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $99,422 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $38,880 |
| Professional fees and other payments to independent contractors | $1,275 |
| Occupancy, rent, utilities, and maintenance | $16,096 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,229 |
| Total expenses | $83,480 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $246,769 |
| Other assets | $0 |
| Total assets | $246,769 |
| Total liabilities | $0 |
| Net assets or fund balances | $246,769 |
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