Namac Inc is located in Peoria Heights, IL. The organization was established in 1986. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Namac Inc 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 09/2022, Namac Inc generated $64.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $40.3k during the year ending 09/2022. While expenses have increased by 2.0% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SERVING THE SOCIAL NEEDS OF VETERANS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Don Maher President | 5 | $0 | |
Lisa Strickland Treasurer | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $4,818 |
Investment income | $22,380 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $36,575 |
Other Revenue | $140 |
Total Revenue | $64,526 |
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 | $350 |
Occupancy, rent, utilities, and maintenance | $17,331 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $22,578 |
Total expenses | $40,259 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $252,840 |
Other assets | $0 |
Total assets | $332,369 |
Total liabilities | $0 |
Net assets or fund balances | $332,369 |
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