Veterans Legacy is located in Eugene, OR. The organization was established in 2017. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, Veterans Legacy employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Veterans Legacy 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, Veterans Legacy generated $515.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (33.6%) each year. All expenses for the organization totaled $297.9k 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
VETERANS LEGACYS MISSION IS TO PROVIDE A SAFE, SECURE PLACE IN A RURAL SETTING FOR LOCAL VETERANS ENCOUNTERING HOMELESSNESS, POST-TRAUMATIC STRESS DISORDER AND SUBSTANCE ABUSE DISORDERS TO LIVE AND WORK AS THEY BEGIN THE JOURNEY BACK TO SUCCESSFULLY REINTEGRATE INTO THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE LODGING, EDUCATION AND ACTIVITIES TO ENCOURAGE MENTAL AND PHYSICAL STABILITY FOR VETERANS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Capt Phillip Groshong Vice Preside | OfficerTrustee | 2 | $0 |
Shelley Corteville Secretary | OfficerTrustee | 20 | $0 |
Dr John Lebow President | OfficerTrustee | 10 | $0 |
Philip Marvin Treasurer | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $5,388 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $313,315 |
All other contributions, gifts, grants, and similar amounts not included above | $196,083 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $514,786 |
Total Program Service Revenue | $0 |
Investment income | $326 |
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 | $515,112 |
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 | $27,292 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $2,882 |
Fees for services: Management | $20,025 |
Fees for services: Legal | $2,815 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $86,755 |
Advertising and promotion | $10,314 |
Office expenses | $525 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $23,709 |
Travel | $8,795 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $319 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $104,895 |
Insurance | $9,553 |
All other expenses | $0 |
Total functional expenses | $297,879 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $276,677 |
Savings and temporary cash investments | $117,820 |
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 | $3,793,375 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,187,872 |
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 | $4,187,872 |
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 | $4,187,872 |
Over the last fiscal year, we have identified 3 grants that Veterans Legacy has recieved totaling $53,270.
Awarding Organization | Amount |
---|---|
Entrepreneurs Foundation Of The Northwest Portland, OR PURPOSE: TO PROVIDE INTEGRATIVE TREATMENT IN A RURAL SETTING TO AREA VETERANS | $40,000 |
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $6,635 |
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $6,635 |
Organization Name | Assets | Revenue |
---|---|---|
The Neighborhood House Assn San Diego, CA | $20,146,968 | $97,699,697 |
Pioneer Human Services Seattle, WA | $87,958,344 | $86,152,025 |
Sbcs Corporation Chula Vista, CA | $44,117,675 | $87,559,700 |
Hopelink Redmond, WA | $65,683,064 | $83,592,432 |
Bay Area Community Services Inc Oakland, CA | $30,842,402 | $71,014,541 |
United Movement Inc Las Vegas, NV | $7,228,928 | $63,347,968 |
Nevada H A N D Inc Las Vegas, NV | $197,568,857 | $83,930,370 |
Lift To Rise Palm Desert, CA | $10,036,798 | $56,799,508 |
Opportunity Council Bellingham, WA | $28,866,104 | $56,313,907 |
Catholic Charities Of Santa Clara County San Jose, CA | $37,221,303 | $52,659,902 |
Farmlink Project Pacific Palisades, CA | $3,073,736 | $51,204,063 |
Catholic Charities Of Los Angeles Los Angeles, CA | $401,651,832 | $56,844,483 |