Amvets
- Assets
- $46.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Monroe, LA
- Founding
- 02/1954
- Data as of
- 12/2021
- EIN
- 72-0911983
Organization Overview
Amvets is located in Monroe, LA. 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 12/2021, Amvets generated $70.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $53.2k during the year ending 12/2021. 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 |
|---|---|---|---|
Gary Stewart President | 20 | $0 | |
William C Wren 2nd Vice Pre | 0 | $0 | |
Gerald Walter 1st Vice Pre | 0 | $0 | |
Clint James Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $62 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,749 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,692 |
| Professional fees and other payments to independent contractors | $2,375 |
| Occupancy, rent, utilities, and maintenance | $20,477 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,703 |
| Total expenses | $53,247 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,985 |
| Other assets | $0 |
| Total assets | $46,031 |
| Total liabilities | $0 |
| Net assets or fund balances | $46,031 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Veterans Of Foreign Wars Of The United States Dept Of Texas Austin, TX | $10,604,149 | $6,677,704 |
Louisiana National Guard Foundation New Orleans, LA | $5,835,401 | $6,505,889 |
Military Wellness Initiative Dallas, TX | $2,428,709 | $3,600,000 |
Combat Marine Outdoors Inc Houston, TX | $1,866,228 | $2,870,312 |
Veterans Of Foreign Wars Of The United States Dept Of Texas Copperas Cve, TX | $546,071 | $1,909,310 |
American Legion Austin, TX | $7,412,004 | $1,863,301 |
American Legion Hattiesburg, MS | $706,231 | $1,733,784 |
Wish For Our Heroes Inc San Antonio, TX | $1,716,093 | $1,811,976 |
Veterans Of Foreign Wars Of The United States Dept Of Texas Georgetown, TX | $401,147 | $1,318,650 |
Nextop Inc Houston, TX | $488,854 | $1,385,969 |
Armed Forces Communications And Electronics Association Austin, TX | $1,822,734 | $1,458,339 |
Bastion Community Of Resilience New Orleans, LA | $1,382,211 | $959,705 |