Amvets
- Assets
- $288.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mount Vernon, IL
- Founding
- 05/1945
- Data as of
- 12/2022
- EIN
- 37-0635599
Organization Overview
Amvets is located in Mount Vernon, IL. 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. 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 12/2022, Amvets generated $46.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $49.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 8 years. 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
MEMBER BENEFITS WERE PROVIDED TO AN AVERAGE OF 240 MEMBERS DURING THE YEAR
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Gartside President | 0 | $0 | |
James Ewald Sec/treasurer | 25 | $600 | |
Dennis Cassidy Director | 0 | $0 | |
Ron Minks Director | 0 | $0 | |
Roger Eacret Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,729 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $18,456 |
| Other Revenue | $0 |
| Total Revenue | $46,423 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $23,169 |
| Professional fees and other payments to independent contractors | $1,500 |
| Occupancy, rent, utilities, and maintenance | $15,674 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,543 |
| Total expenses | $49,886 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,350 |
| Other assets | $0 |
| Total assets | $288,602 |
| Total liabilities | $20,191 |
| Net assets or fund balances | $268,411 |