Military Vip Inc is located in Corpus Christi, TX. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Military Vip Inc 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 12/2023, Military Vip Inc generated $48.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (19.8%) each year. All expenses for the organization totaled $43.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
NO PROGRAM SERVICES DURING 2023
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael J Shaw President | 2.5 | $0 | |
Nancy J Shaw Vice President | 0.25 | $0 | |
Michael J Shaw Jr Secretary | 1.25 | $0 | |
Eleanor Claiborne Treasury | 0.25 | $0 | |
Robert Shaw Assistant Secretary | 0.25 | $0 | |
Scott James Assistant Secretary | 1.25 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $67,650 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $1,747 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$20,594 |
Other Revenue | $0 |
Total Revenue | $48,803 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $4,225 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $39,039 |
Total expenses | $43,264 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $50,630 |
Other assets | $0 |
Total assets | $132,377 |
Total liabilities | $27,802 |
Net assets or fund balances | $104,575 |