Amvets
- Assets
- $307.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gibsonia, PA
- Founding
- 02/1954
- Data as of
- 12/2021
- EIN
- 25-6067490
Organization Overview
Amvets is located in Gibsonia, PA. 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 12/2021, Amvets generated $11.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (22.0%) each year. All expenses for the organization totaled $21.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.9%) per year over the past 6 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 |
|---|---|---|---|
Ron Garland Treasurer | 1 | $0 | |
Dennis Sharp President | 1 | $0 | |
Joseph Hilson Secertary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $11,554 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $11,554 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $180 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,191 |
| Occupancy, rent, utilities, and maintenance | $500 |
| Printing, publications, postage, and shipping | $500 |
| Other expenses | $0 |
| Total expenses | $21,071 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $307,159 |
| Other assets | $0 |
| Total assets | $307,159 |
| Total liabilities | $0 |
| Net assets or fund balances | $307,159 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
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 |