Amvets
- Assets
- $364.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hagerstown, MD
- Founding
- 06/1966
- Data as of
- 06/2022
- EIN
- 52-6067364
Organization Overview
Amvets is located in Hagerstown, MD. The organization was established in 1966. 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 06/2022, Amvets generated $14.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $12.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 7 years. 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
PROVIDE ACTIVITIES FOR VETERANS; PROVIDE FUNDS FOR EMERGENCY AND DISASTER RELIEF; OVERSEE LOCAL VETERANS ORGANIZATIONS THROUGHOUT MARYLAND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Childs Jr 2nd Vice Commander | 1 | $0 | |
Eddie Mckinnon 1st Vice Commander | 1 | $0 | |
Donald Mckinnon 3rd Vice Commander | 1 | $0 | |
Jean M Shinbur Finance Officer | 1 | $0 | |
Bruce Rice Department Commander | 1 | $0 | |
Michael P Mahoney Deputy Finance Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,668 |
| Total Program Service Revenue | $0 |
| Membership dues | $11,627 |
| Investment income | $85 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $14,380 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,344 |
| Total expenses | $12,344 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $364,395 |
| Other assets | $0 |
| Total assets | $364,395 |
| Total liabilities | $10,000 |
| Net assets or fund balances | $354,395 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Amvets has recieved totaling $143,709.
| Awarding Organization | Amount |
|---|---|
Amvets National Service Foundation Lanham, MD PURPOSE: PROGRAM SUPPORT | $143,709 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vietnam Veterans Of America Inc Silver Spring, MD | $22,711,920 | $10,930,074 |
United Service Organizations Inc Fort Myer, VA | $0 | $2,240,114 |
Marine Corps Association Quantico, VA | $17,818,262 | $7,455,788 |
U S Naval Sea Cadet Corps Arlington, VA | $6,985,927 | $8,234,482 |
Veterans Leadership Program Of Western Pennsylvania Inc Pittsburgh, PA | $2,368,240 | $7,560,705 |
Women In Military Service For America Memorial Foundation Inc Arlington, VA | $11,722,569 | $5,876,595 |
Caring For Military Families The Elizabeth Dole Foundation Washington, DC | $8,548,001 | $7,173,277 |
Young Marines Of The Marine Corps League Dumfries, VA | $6,204,129 | $6,595,765 |
Coast Guard Mutual Assistance Incorporated Arlington, VA | $53,600,951 | $7,292,457 |
Navy League Of The United States National Headquarters Arlington, VA | $72,874,046 | $1,354,328 |
Special Operations Association Of America Washington, DC | $200,086 | $3,886,390 |
Naval Academy Sailing Foundation Inc Annapolis, MD | $38,236,455 | $2,114,798 |