Amvets
- Assets
- $25.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Belleville, NJ
- Founding
- 02/1954
- Data as of
- 05/2022
- EIN
- 22-6082363
Organization Overview
Amvets is located in Belleville, NJ. The organization was established in 1954. 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 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 05/2022, Amvets generated $40.2k 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 (8.0%) each year. All expenses for the organization totaled $36.2k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard J Kraly Adjutant | 2 | $0 | |
John Lehman Commander | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,366 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7,065 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $12,015 |
| Other Revenue | $0 |
| Total Revenue | $40,173 |
| 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 | $22,259 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,935 |
| Total expenses | $36,194 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,403 |
| Other assets | $0 |
| Total assets | $25,403 |
| Total liabilities | $0 |
| Net assets or fund balances | $25,403 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
United War Veterans Council Inc New York, NY | $437,790 | $1,827,572 |
Disabled American Veterans Camp Hill, PA | $658,151 | $1,478,428 |