Amvets is located in Lancaster, OH. 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 06/2023, Amvets employed 10 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 06/2023, Amvets generated $352.5k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $368.5k during the year ending 06/2023. While expenses have increased by 1.6% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
VETERANS ORGANIZATION TO AID VETERANS IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAREER CENTER IS OPERATED FOR ANY VETERAN AND HIS OR HER FAMILY. THE CENTER OFFERS TRAINING IN OVER 2,000 JOB SKILLS. IF THE VETERAN IS OVERSEAS THE WIFE AND CHILDREN CAN STILL TAKE JOB TRAINING COURSES. VETERANS ARE GENERALLY REFERRED TO THE POST BY JOB AND FAMILY SERVICES OR ANOTHER OUTSIDE SOURCE.
CONTRIBUTIONS TO VARIOUS OTHER ORGANIZATIONS, SUCH AS WHITE CLOVER, VETERANS HOSPITALS OR VA CLINICS, MRDD AND THE AMERICANISM PROGRAM. CHRISTMAS BASKETS ARE ALSO PROVIDED WITH FOOD AND OTHER ITEMS TO VETERANS AND OTHER NEEDY PEOPLE IN THE COMMUNITY.
NATIONAL AND STATE DUES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mike Foster Commander | Trustee | 3 | $0 |
Cheryl Finney 2nd Vice Commander | Trustee | 3 | $0 |
Bob Foster Finance Officer | Trustee | 3 | $0 |
Cathy Argyle Adjutant | Trustee | 3 | $0 |
Natasha Mastel 3rd Vice Commander | Trustee | 3 | $0 |
Dave Figiola 1 Yr Trustee | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $4,088 |
Fundraising events | $0 |
Related organizations | $0 |
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 | $4,088 |
Total Program Service Revenue | $197,218 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $352,500 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $6,144 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $119,320 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $600 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $15,598 |
Advertising and promotion | $348 |
Office expenses | $5,200 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $40,012 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $6,016 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $19,783 |
Insurance | $6,076 |
All other expenses | $0 |
Total functional expenses | $368,496 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $18,335 |
Savings and temporary cash investments | $15,921 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $400 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $354,872 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $71 |
Total assets | $389,599 |
Accounts payable and accrued expenses | $9,386 |
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 | $12,582 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $21,968 |
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 | $367,631 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $389,599 |