Amvets is located in Adrian, MI. 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 12/2022, Amvets employed 9 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 12/2022, Amvets generated $82.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $73.7k during the year ending 12/2022. While expenses have increased by 7.9% per year over the past 3 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
MILITARY VETERANS SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE A SAFE, CLEAN INEXPENSIVE CLUB FOR MILITARY VETERANS AND THEIR SPOUSES AND SUBORDINATE MEMBERS TO MEET
PROVIDE UNITED STATES FLAGS TO THE COMMUNITY FOR A REASONABLE COST AND MAINTAIN OVER 50 FLAGS AND POLES IN OUR COMMUNITY
PROVIDE COLOR GUARD FOR CEREMONIES IN OUR COMMUNITY. OVER 50 CEREMONIES CONDUCTED IN 2013
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Deryl Clark Commander | OfficerTrustee | 15 | $0 |
Chip Keist 2nd Vice Commander | OfficerTrustee | 10 | $0 |
Greg Dohm Finance Officer | OfficerTrustee | 10 | $0 |
Burke Castleberry Judge Advocate | OfficerTrustee | 10 | $0 |
Ray Adams Trustee | Trustee | 5 | $0 |
Rich Perry Trustee | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $1,210 |
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 | $1,210 |
Total Program Service Revenue | $0 |
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 | -$39,298 |
Net Income from Sales of Inventory | $120,327 |
Miscellaneous Revenue | $0 |
Total Revenue | $82,239 |
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 | $35,960 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $3,751 |
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 | $10,519 |
Information technology | $438 |
Royalties | $0 |
Occupancy | $15,053 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $3,256 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $3,174 |
All other expenses | $0 |
Total functional expenses | $73,678 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $42,524 |
Savings and temporary cash investments | $0 |
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 | $1,216 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $95,865 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $139,605 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
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 | $0 |
Retained earnings, endowment, accumulated income, or other funds | $139,605 |
Total liabilities and net assets/fund balances | $139,605 |