Village For Vets
- Assets
- $559.9k
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 8
- Location
- Los Angeles, CA
- Founding
- 09/2016
- Data as of
- 12/2022
- EIN
- 81-1275379
Organization Overview
Village For Vets is located in Los Angeles, CA. The organization was established in 2016. 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. As of 12/2022, Village For Vets employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Village For Vets 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, Village For Vets generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 56.4% each year . All expenses for the organization totaled $3.0m 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
VILLAGE FOR VETS PROVIDES COMMUNITY-BASED VOLUNTEER AND FINANCIAL SUPPORT TO THE MOST VULNERABLE VETERANS AT THE VA GREATER LOS ANGELES HEALTHCARE SYSTEM (VAGLAHS). THE PROGRAMS ADDRESS URGENT NEEDS OF THE HOMELESS AND AT-RISK VETERAN POPULATION INCLUDING MEALS, ID SERVICES AND SHORT-TERM FINANCIAL ASSISTANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROGRAM PROVIDES VETERANS IN NEED WITH HELP INCLUDING REGISTRATION FOR HOUSING AND A VARIETY OF FREE SERVICES INCLUDING SHOWERS, CLOTHING, HAIRCUTS, LEGAL AND MEDICAL SERVICES.
THESE PROGRAMS PROVIDE HOMELESS VETERANS SOCIAL SUPPORT, CONNECTION AND SAFE LOW-BARRIER WAYS TO GET ACCESS TO SERVICES AND BENEFITS.
THIS PROGRAM PROVIDES RAPID REHOUSING AND HOMELESS PREVENTION SERVICES TO QUICKLY CONNECT VETERAN FAMILIES AND INDIVIDUALS WITH PERMANENT HOUSING AND HOUSING STABILITY
THE PROGRAM PROVIDES SHORT-TERM FINANCIAL ASSISTANCE TO AT-RISK VETERANS EXPERIENCING A FINANCIAL EMERGENCY THAT IMPERILS THEIR HOUSING, EMPLOYMENT OR HEALTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marcie Swartz President | Officer | 30 | $0 |
Gerald Chaleff Board Of Dir | Trustee | 1 | $0 |
Pam Dawber Board Of Dir | Trustee | 1 | $0 |
Adam Winnick Board Of Dir | Trustee | 1 | $0 |
David Swartz Board Of Dir | Trustee | 1 | $0 |
Pat Cohen Board Of Dir | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $179,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,184,618 |
| Noncash contributions included in lines 1a–1f | $899,310 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,364,018 |
| Total Program Service Revenue | $0 |
| Investment income | $4,628 |
| 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 | $2,368,646 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $287,736 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $23,188 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $65,084 |
| Advertising and promotion | $108,137 |
| Office expenses | $35,748 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,104 |
| 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 | $33,874 |
| Insurance | $61,658 |
| All other expenses | $0 |
| Total functional expenses | $3,012,200 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $559,939 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $559,939 |
| 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 | $5,006 |
| Total liabilities | $5,006 |
| 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 | $554,933 |
| Total liabilities and net assets/fund balances | $559,939 |