Amvets is located in Springfield, 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 07/2021, Amvets generated $26.2k 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 (28.0%) each year. All expenses for the organization totaled $53.2k during the year ending 07/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE LIVES OF OUR NATIONS VETERANS AND THE COMMUNITIES THEY LIVE IN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IMPROVE THE LIVES OF OUR NATIONS VETERANS AND THE COMMUNITIES THEY LIVE IN. VOLUNTEER HOURS WERE APPROXIMATELY 100,000.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bob Stuebinger 1st Vice Commander | OfficerTrustee | 1 | $0 |
Darrel Tucker Commander | OfficerTrustee | 1 | $0 |
Jean Henning 2nd Vice Commander | OfficerTrustee | 1 | $0 |
Jim King Judge Advocate | OfficerTrustee | 1 | $0 |
Raleigh Showens Finance Officer | OfficerTrustee | 1 | $0 |
Richard Vannatta Alternate Nec | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $5,350 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,350 |
Total Program Service Revenue | $20,195 |
Investment income | $5 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $624 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $26,234 |
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 | $0 |
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 | $0 |
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 | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $5,071 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,809 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,990 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $53,235 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $47,757 |
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 | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $5,481 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $53,238 |
Accounts payable and accrued expenses | $436 |
Grants payable | $0 |
Deferred revenue | $3,738 |
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 | $4,174 |
Net assets without donor restrictions | $49,064 |
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 | $0 |
Total liabilities and net assets/fund balances | $53,238 |
Over the last fiscal year, we have identified 2 grants that Amvets has recieved totaling $90,000.
Awarding Organization | Amount |
---|---|
Amvets Springfield, IL PURPOSE: ANNUAL GRANT FOR OPERATIONS | $80,000 |
Nat P Ozmon Family Foundation Joliet, IL PURPOSE: CHARITABLE | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
American Legion Auxiliary Indianapolis, IN | $53,756,323 | $11,649,453 |
Veterans Of Foreign Wars Of The United States Auxillary Kansas City, MO | $115,995,007 | $13,500,016 |
Veterans Community Project Kansas City, MO | $14,262,405 | $11,060,934 |
American Legion Auxiliary Bowling Green, KY | $99,496 | $4,500,725 |
Disabled American Veterans Paid Time Off Plan And Tr Erlanger, KY | $4,127,164 | $2,957,196 |
American Legion Indianapolis, IN | $6,888,018 | $3,332,697 |
Amvets Springfield, IL | $604,546 | $3,188,714 |
American Legion Portage, WI | $4,372,734 | $2,507,173 |
Welcome Home Inc Columbia, MO | $4,815,089 | $2,743,236 |
American Legion Bloomington, IL | $4,519,203 | $2,240,833 |
Veterans Of Foreign Wars Of The Us Dept Of Kentucky Vine Grove, KY | $282,308 | $1,502,516 |
Operation Support Our Troops - America Inc Naperville, IL | $995,272 | $1,019,373 |