Amvets
- Assets
- $136.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oak Ridge, TN
- Founding
- 02/1967
- Data as of
- 12/2022
- EIN
- 62-0524544
Organization Overview
Amvets is located in Oak Ridge, TN. The organization was established in 1967. 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 $38.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $34.6k during the year ending 12/2022. While expenses have increased by 2.5% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clyde Luttrell Commander | 8 | $0 | |
John Carr !st Vice | 2 | $0 | |
Ric Henley 2nd Vice | 0 | $0 | |
Bob Childs Finance Officer | 3 | $0 | |
Heather Bunch Adjutant | 1 | $0 | |
Larry West Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,600 |
| Total Program Service Revenue | $0 |
| Membership dues | $377 |
| Investment income | $1,843 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $12,881 |
| Other Revenue | $600 |
| Total Revenue | $38,260 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,004 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,784 |
| Occupancy, rent, utilities, and maintenance | $18,914 |
| Printing, publications, postage, and shipping | $1,149 |
| Other expenses | $7,083 |
| Total expenses | $34,610 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,419 |
| Other assets | $0 |
| Total assets | $136,244 |
| Total liabilities | $0 |
| Net assets or fund balances | $136,244 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Service Organizations Inc Fort Myer, VA | $0 | $2,240,114 |
The Independence Fund Inc Charlotte, NC | $7,812,789 | $8,567,110 |
Marine Corps Association Quantico, VA | $17,818,262 | $7,455,788 |
Armed Services Mutual Benefit Association Goodlettsville, TN | $55,566,131 | $7,665,042 |
U S Naval Sea Cadet Corps Arlington, VA | $6,985,927 | $8,234,482 |
Veterans Of Foreign Wars Of The United States Auxillary Kansas City, MO | $115,995,007 | $13,500,016 |
Women In Military Service For America Memorial Foundation Inc Arlington, VA | $11,722,569 | $5,876,595 |
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 |
Team Red White & Blue Inc Atlanta, GA | $10,402,897 | $10,336,911 |
Veterans Community Project Kansas City, MO | $14,262,405 | $11,060,934 |