Lynchburg Area Veterans Council Inc
- Assets
- $153.4k
- Revenue
- $53.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Lynchburg, VA
- Founding
- 07/2015
- Data as of
- 12/2022
- EIN
- 47-3371170
Organization Overview
Lynchburg Area Veterans Council Inc is located in Lynchburg, VA. The organization was established in 2015. According to its NTEE Classification (P52) the organization is classified as: Transportation Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lynchburg Area Veterans Council 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 12/2022, Lynchburg Area Veterans Council Inc generated $53.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $57.7k during the year ending 12/2022. 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
HELPING VETERANS IN NEED IN LYNCHBURG, VIRGINIA AND THE SURROUNDING CONTIGUOUS COUNTIES, WITH FINANCIAL ASSISTANCE, MEDICAL TRANSPORT OF WHEEL CHAIR BOUND VETERANS, PROVIDING HOUSING FOR HOMELESS VETERANS, ASSISITING THEM WITH V.A. CLAIMS, FOOD, CLOTHING, FURNITURE. REACHING OUT TO VETS AND FIRST RESPONDERS WITH PTSD. MEMORIAL EVENTS AND OBSERVANCES TO HONOR VETS AND FIRST RESPONDERS AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS YEAR THE ORGANIZATION WAS ABLE, DUE TO THE KINDNESS OF AN ESTATE IN THE AREA WHERE THE DECEDENT INCLUDED VETERAN CAUSES IN THEIR LAST WILL AND TESTAMENT, TO PURCHASE THE RESIDENTIAL REAL ESTATE LOCATED AT 1309 GARFIELD AVENUE, CITY OF LYNCHBURG, WHICH WAS LISTED IN SCHEDULE 0 OF 2019 FORM 990 AS A PROJECT FOR HOUSING HOMELESS VETERANS. THIS YEAR THE ORGANIZATION HAD A DEDICATION CEREMONY ON OCTOBER 12, 2020, 75 YEARS TO THE DAY THAT PRESIDENT TRUMAN PRESENTED THE MEDAL OF HONOR TO LYNCHBURG NATIVE DESMOND T. DOSS, WHOSE HEROIC ACTIONS IN WORLD WAR II WERE MADE FAMOUS BY THE HOLLYWOOD MOVIE "HACKSAW RIDGE". WE HAVE INCLUDED THE PURCHASE PRICE OF THE PORPERTY IN OUR EXPENSES, AND ALSO SHOW THE PROPERTY AS AN ASSET IN THE TOTAL VALUE ASSETS ON HAND. THIS WAS OUR MAJOR PROGRAM THIS YEAR AND BIGGEST EXPENSE. THIS FIGURE INCLUDES UTILITIES, TAXES, INSURANCE, AND MAINTENANCE PERFORMED ON THE PROPERTY DURING TAX YEAR 2020. THE FIGURE ALSO INCLUDES RENT PAID BY THE ORGANIZATION UNTIL THE TIME IT WAS PURCHASED IN APRIL 2020.
INCLUDED IN GRANTS REPORTED THIS YEAR IS THE AMOUNT OF 14,215.81, WHICH CONSTITUTES GRANTS TO INDIVIDUAL VETERANS. THESE GRANTS ARE FINANCES PAID ON BEHALF OF A VETERAN IN NEED, BUT PAID DIRECTLY A LANDLORD, UTILITY PROVDER, A BANK HOLDING A CAR LOAN, ETC. THESE GRANTS ARE NOT PAID DIRECTLY TO VETERAN, BUT TO A CREDITOR OF THE VETERAN ONCE THE NEED HAS BEEN VERIFIED BY OUR VOLUNTEERS. THERE REALLY WERE NO DIRECT EXPENSES FOR THIS PROGRAM, OTHER THAN GENERAL OFFICE EXPENSES THAT APPLY TO THE ENTIRE EXEMPT PURPOSE.
THE ORGANIZATION CONTINUES TO UNDERWRITE THE EXPENSE OF MEDICAL TRANSPORT OF WHEEL CHAIR BOUND VETERANS TO THE SALEM VIRGINIA V.A. MEDICAL CENTER. GRANTS FOR THIS PROGRAM FOR 2020 TOTAL 2945.00. AGAIN, THIS IS SHOWN HERIN AS GRANTS RATHER THAN AS EXPENSES. THIS IS OUR THIRD MOST EFFECTIVE PROGRAM IN TERMS OF DOLLARS AND CENTS HOWEVER.
FUNDS PROVIDED TO HOMELESS VERERANS FOR TEMPORARY HOTEL STAY
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 |
|---|---|---|---|
Thomas Current President | OfficerTrustee | $0 | |
Stephen Bozeman Vice Preside | OfficerTrustee | $0 | |
Lynn Hawkins Treasurer | OfficerTrustee | $0 | |
Beth Jarrett Secretary | OfficerTrustee | $0 | |
Gary Witt Director | Trustee | $0 | |
Megan Lucas Director | Trustee | $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 | $53,113 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,113 |
| 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 | $53,113 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $24,999 |
| Grants and other assistance to domestic individuals. | $13,967 |
| 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 | $860 |
| Office expenses | $2,788 |
| Information technology | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,421 |
| All other expenses | $13,666 |
| Total functional expenses | $57,701 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $71,121 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $82,317 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $153,438 |
| 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 | $153,438 |
| Total liabilities and net assets/fund balances | $153,438 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lynchburg Area Veterans Council Inc has recieved totaling $53.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $53 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Unified Human Services Transportation System Inc Roanoke, VA | $4,352,414 | $5,161,856 |
Vehicles For Change Inc Baltimore, MD | $4,065,796 | $5,047,572 |
Tri River Transit Authority Hamlin, WV | $4,382,090 | $3,266,261 |
Louisville Wheels Transportation Inc Louisville, KY | $5,176,976 | $3,070,785 |
Chatham Transit Network Pittsboro, NC | $1,518,765 | $1,595,852 |
Onslow United Transit System Inc Jacksonville, NC | $3,171,387 | $2,349,973 |
Honor Flight Inc Arlington, VA | $2,964,603 | $2,037,473 |
American Road And Transportation Builders Assoc Transportation Washington, DC | $1,514,565 | $1,776,845 |
Good News Mountaineer Garage Charleston, WV | $1,894,561 | $1,839,986 |
The Ashe County Transportation Authority West Jefferson, NC | $1,128,766 | $1,177,758 |
Explore Bike Share Inc Memphis, TN | $2,025,455 | $1,735,436 |
Virginia Rides Hillsboro, VA | $112,852 | $831,292 |