Amvets
- Assets
- $159.5k
- Revenue
- $42.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Arcadia, FL
- Founding
- 02/1954
- Data as of
- 12/2022
- EIN
- 59-2222839
Organization Overview
Amvets is located in Arcadia, FL. The organization was established in 1954. 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 12/2022, Amvets generated $42.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $54.5k 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
AWARENESS OF VETERANS NEEDS FOR DAILY ASSISTANCE THROUGH TRANSPORTATION TO AND FROM THE VETERANS' HOSPITAL AND OTHER TRANSPORATION NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AMVETS HAS BEEN PROUDLY SERVING AMERICAN VETERANS FOR MORE THAN HALF A CENTURY. FOUNDED BY WORLD WAR II VETERANS, THE ORGANIZATION HAS GROWN TO WHERE, TODAY, ITS MEMBERSHIP ENROLLS VETERANS FROM ALL ERASANYONE WHO HAS HONORABLY SERVED IN THE UNITED STATES ARMED FORCES AFTER SEPT. 15, 1940, TO INCLUDE THOSE ON ACTIVE DUTY AS WELL AS IN THE RESERVE COMPONENTS. THE PURPOSE AND GOALS OF AMVETS, AS SPELLED OUT IN THE ORGANIZATIONS 1947 CONGRESSIONAL CHARTER, STILL RING TRUE TODAY. AMONG THESE AIMS ARE: 1) TO PRESERVE FOR OURSELVES AND OUR POSTERITY THE GREAT AND BASIC TRUTHS AND ENDURING PRINCIPLES UPON WHICH THIS NATION WAS FOUNDED. 2) TO MAINTAIN A CONTINUING INTEREST IN THE WELFARE AND REHABILITATION OF DISABLED VETERANS AND TO ESTABLISH FACILITIES FOR THE ASSISTANCE OF ALL VETERANS, TO REPRESENT THEM IN THEIR CLAIMS BEFORE VA AND OTHER ORGANIZATIONS. 3) TO DEDICATE OURSELVES TO THE SERVICE AND BEST INTERESTS OF THE COMMUNITY, STATE AND NATION TO THE END THAT OUR COUNTRY SHALL BE AND REMAIN FOREVER A STRONG AND FREE NATION. 4) TO ENCOURAGE UNIVERSAL EXERCISE OF THE VOTING FRANCHISE TO THE END THAT THERE SHALL BE ELECTED AND MAINTAINED IN PUBLIC OFFICE MEN AND WOMEN WHO HOLD SUCH OFFICE AS A PUBLIC TRUST ADMINISTERED IN THE BEST INTERESTS OF ALL PEOPLE. 5) TO ADVOCATE THE DEVELOPMENT AND MEANS BY WHICH ALL AMERICANS MAY BECOME ENLIGHTENED AND INFORMED CITIZENS AND THIS PARTICIPATE FULLY IN THE FUNCTIONS OF DEMOCRACY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael F Brown Director | Trustee | $0 | |
Sherry Johnson Treasurer | OfficerTrustee | $0 | |
Jonathan Lincoln Director | Trustee | $0 | |
Steve Rickard Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,098 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,103 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,201 |
| 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 | $26,718 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $42,919 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,998 |
| Grants and other assistance to domestic individuals. | $1,096 |
| 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 | $395 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $75 |
| Office expenses | $536 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,166 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $479 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,376 |
| Insurance | $6,919 |
| All other expenses | $0 |
| Total functional expenses | $54,450 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,426 |
| 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 | $143,090 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $159,516 |
| 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 | $159,516 |
| 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 | $159,516 |