Veterans Relief Network Inc
- Assets
- $123.3k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 2
- Location
- Dyer, IN
- Founding
- 05/2011
- Data as of
- 12/2021
- EIN
- 45-1076116
Organization Overview
Veterans Relief Network Inc is located in Dyer, IN. The organization was established in 2011. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2021, Veterans Relief Network Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Veterans Relief Network Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Veterans Relief Network Inc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 13.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION WAS FOUNDED TO PROVIDE FINANCIAL ASSISTANCE TO U.S. MILITARY VETERANS AND THEIR FAMILIES EXPERIENCING FINANCIAL DIFFICULTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES FINANCIAL ASSISTANCE TO U.S MILITARY VETERANS EXPERIENCING DIFFICULT TIMES TO HELP COVER MEDICAL AND DAILY LIVING EXPENSES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Helen Ignas Director, President | OfficerTrustee | 10 | $30,000 |
Janet Coyer Director, Secretary | OfficerTrustee | 6 | $21,104 |
Mary Evans Director | OfficerTrustee | 1 | $0 |
Nikki Massey Director, CFO | Trustee | 1 | $0 |
Financial Statements
| 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 | $1,268,610 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,268,610 |
| 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 | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,268,610 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,960 |
| Grants and other assistance to domestic individuals. | $111,590 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $30,000 |
| Compensation of current officers, directors, key employees. | $1,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $19,859 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,126 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,840 |
| Fees for services: Accounting | $12,087 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $796,313 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,148 |
| Advertising and promotion | $0 |
| Office expenses | $728 |
| Information technology | $64 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $239 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $786 |
| Total functional expenses | $1,278,369 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $121,418 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,876 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $123,294 |
| Accounts payable and accrued expenses | $23,693 |
| 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 | $23,693 |
| Net assets without donor restrictions | $99,601 |
| 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 | $123,294 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Veterans Relief Network Inc has recieved totaling $101.
| Awarding Organization | Amount |
|---|---|
Quadrex Foundation Goleta, CA PURPOSE: AID THE VETERAN | $101 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Human Resources Development Institute Inc Chicago, IL | $14,371,854 | $24,270,043 |
Assyrian National Council Of Illinois Chicago, IL | $17,237,581 | $21,046,154 |
Casa Central Social Services Corporation Chicago, IL | $9,927,456 | $19,199,758 |
Central Missouri Community Action Columbia, MO | $7,094,173 | $19,692,460 |
Wheeler Mission Ministries Inc Indianapolis, IN | $56,135,021 | $28,744,599 |
Daniel Boone Community Action Agency Inc Manchester, KY | $8,884,267 | $15,954,203 |
Interlocal Community Action Program Inc New Castle, IN | $2,890,464 | $16,696,928 |
Loaves & Fishes Community Services Naperville, IL | $11,205,502 | $18,895,989 |
Wabash Center Inc Lafayette, IN | $13,437,721 | $16,787,564 |
Northeast Kentucky Community Action Agency Inc Olive Hill, KY | $1,572,064 | $16,034,107 |
Chaddock Quincy, IL | $570,922 | $15,390,482 |
Marillac St Vincent Family Services Inc Chicago, IL | $19,346,948 | $17,753,858 |