Amvets
- Assets
- $512.6k
- Revenue
- $382.1k
- Investments
- $0.0
- Employees
- 15
- Location
- Fairfield, PA
- Founding
- 05/1945
- Data as of
- 03/2022
- EIN
- 23-1495559
Organization Overview
Amvets is located in Fairfield, PA. The organization was established in 1945. 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 03/2022, Amvets employed 15 individuals. 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 03/2022, Amvets generated $382.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $341.2k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 7 years. 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
THE ORGANIZATION IS A VETERANS ORGANIZATION FOR PAST AND PRESENT MEMBERS OF THE ARMED FORCES, AS WELL AS SOME NON-MILITARY MEMBERS. THE ORGANIZATION PROVIDES AN EATING, DRINKING AND SOCIAL FACILITY FOR ITS MEMBERS AS WELL AS SUPPORTING VARIOUS LOCAL CHARITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION SUPPORTS LOCAL CHARITIES, PROVIDES DEATH BENEFITS TO POST MEMBER FAMILIES AND HAS A SCHOLARSHIP FUND IN ADDITION TO PROVIDING SOCIAL ACTIVITIES TO ITS MEMBERS.
THE ORGANIZATION PAYS A $350 DEATH BENEFIT PER POST MEMBER TO THE POST MEMBER FAMILIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gerald L Waytashek President | OfficerTrustee | 3 | $1,200 |
Steve Moritz Treasurer | OfficerTrustee | 3 | $1,200 |
Kenneth E Wolford Vice-President | Trustee | 1 | $1,200 |
Richard L Terry Commander | OfficerTrustee | 1 | $0 |
Carl Wetzel Secretary | OfficerTrustee | 3 | $0 |
William Moser Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $16,460 |
| Fundraising events | $0 |
| Related organizations | $5,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,460 |
| Total Program Service Revenue | $37,654 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $2,621 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $146,821 |
| Net Income from Sales of Inventory | $135,536 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $382,058 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $34,065 |
| Grants and other assistance to domestic individuals. | $2,650 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $8,729 |
| Compensation of current officers, directors, key employees. | $3,600 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $154,480 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,623 |
| Payroll taxes | $19,509 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,000 |
| Fees for services: Accounting | $3,725 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $75 |
| Office expenses | $6,431 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $56,120 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,950 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,340 |
| Insurance | $13,697 |
| All other expenses | $0 |
| Total functional expenses | $341,162 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $153,456 |
| Savings and temporary cash investments | $151,876 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $11,840 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $195,439 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $512,611 |
| Accounts payable and accrued expenses | $10,311 |
| 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 | $10,311 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $502,300 |
| Total liabilities and net assets/fund balances | $512,611 |
Grants Awarded
Over the last fiscal year, Amvets has awarded $0 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AMVETS POST #172 LADIES AUXILIARY PURPOSE: Donation | $0 |
SONS OF AMVETS POST 172 PURPOSE: Donation | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Black Veterans For Social Justice Inc Brooklyn, NY | $26,444,662 | $57,468,816 |
Disabled Veterans National Foundation Lanham, MD | $4,002,703 | $34,751,168 |
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 |
Vietnam Veterans Of America Inc Silver Spring, MD | $22,711,920 | $10,930,074 |
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 |
Naval Academy Sailing Foundation Inc Annapolis, MD | $38,236,455 | $2,114,798 |
Amvets Lanham, MD | $9,484,148 | $3,609,128 |
Veterans Outreach Center Inc Rochester, NY | $10,292,940 | $5,967,513 |
Air Force Sergeants Association Suitland, MD | $6,098,663 | $3,171,289 |
Veterans Research Foundation Pittsburgh, PA | $4,865,557 | $2,533,091 |