Silverhill Veterans Memorial Organization
- Assets
- $64.7k
- Revenue
- $12.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Silverhill, AL
- Founding
- 11/2018
- Data as of
- 12/2022
- EIN
- 83-0965063
Organization Overview
Silverhill Veterans Memorial Organization is located in Silverhill, AL. The organization was established in 2018. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Silverhill Veterans Memorial Organization 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, Silverhill Veterans Memorial Organization generated $12.0k 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 (12.1%) each year. All expenses for the organization totaled $8.7k during the year ending 12/2022. 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 |
|---|---|---|---|
Richard L Giles Vice President | 2 | $0 | |
Shirley Stephens Secretary | 2 | $0 | |
Oletha R Schoolcraft Treasurer | 2 | $0 | |
Frankie J Kucera President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,901 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,094 |
| Total Revenue | $11,995 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $2,632 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $2,322 |
| Other expenses | $3,712 |
| Total operating and administrative expenses | $8,666 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $8,666 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,168 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $50,544 |
| Other assets | $0 |
| Total assets | $64,712 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Armed Services Mutual Benefit Association Goodlettsville, TN | $55,566,131 | $7,665,042 |
Team Red White & Blue Inc Atlanta, GA | $10,402,897 | $10,336,911 |
The American Legion Orlando, FL | $4,425,997 | $3,913,463 |
Cov Inc Murfreesboro, TN | $390,398 | $2,770,188 |
Veterans Empowerment Organization Of Georgia Inc Atlanta, GA | $5,110,799 | $3,778,915 |
Herobox Inc Peachtree City, GA | $304,478 | $2,248,382 |
Florida Is For Veterans Inc Tallahassee, FL | $751,359 | $2,131,929 |
Sons Of Confederate Veterans Inc Columbia, TN | $17,474,113 | $2,425,147 |
American Legion Hattiesburg, MS | $706,231 | $1,733,784 |
Coming Home Foundation Jupiter, FL | $108,984 | $1,903,875 |
Still Serving Vets Huntsville, AL | $1,067,299 | $1,618,512 |
American Legion Saint Petersburg, FL | $4,958,464 | $1,845,913 |