Amvets is located in Mount Gilead, OH. 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. As of 12/2021, Amvets employed 3 individuals. 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 $119.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $104.9k during the year ending 12/2021. While expenses have increased by 17.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES A PLACE FOR VETERANS TO SUPPORT ONE ANOTHER
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WAS ABLE TO RAISE MONEY TO PROVIDE SUPPORT TO VETERANS AND THEIR FAMILIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brandon Altstadt Commander | Officer | 6 | $0 |
Shane Mckinniss 3rd Vice | Officer | 2 | $0 |
Teresa Givens Adjutant | Officer | 2 | $0 |
Robby Thompson Provost Marshall | Officer | 2 | $0 |
Jeremy Buck 2nd Vice | Officer | 2 | $0 |
Jim Bruns 1st Vice | Officer | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $2,403 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $5,074 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $7,477 |
Total Program Service Revenue | $69,311 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $1,457 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $30,006 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $119,779 |
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 | $2,221 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $493 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $720 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $75 |
Office expenses | $151 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $19,064 |
Travel | $0 |
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 | $0 |
Insurance | $1,670 |
All other expenses | $1,275 |
Total functional expenses | $104,924 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $46,126 |
Savings and temporary cash investments | $112,262 |
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 | $15,103 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $113,904 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $287,395 |
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 | $13,684 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $13,684 |
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 | $273,711 |
Total liabilities and net assets/fund balances | $287,395 |
Organization Name | Assets | Revenue |
---|---|---|
American Legion Indianapolis, IN | $141,288,704 | $82,016,470 |
Veterans Multi-Service Center Inc Philadelphia, PA | $4,990,474 | $14,923,218 |
American Legion Bowling Green, KY | $1,050,755 | $11,898,405 |
American Legion Auxiliary Indianapolis, IN | $53,756,323 | $11,649,453 |
Veterans Leadership Program Of Western Pennsylvania Inc Pittsburgh, PA | $2,368,240 | $7,560,705 |
American Legion Auxiliary Bowling Green, KY | $99,496 | $4,500,725 |
Disabled American Veterans Paid Time Off Plan And Tr Erlanger, KY | $4,127,164 | $2,957,196 |
American Legion Indianapolis, IN | $6,888,018 | $3,332,697 |
Veterans Research Foundation Pittsburgh, PA | $4,865,557 | $2,533,091 |
American Legion Lansing, MI | $6,617,226 | $3,234,715 |
American Legion Wormleysburg, PA | $6,891,300 | $3,184,606 |
Michigan Veterans Foundation Inc Detroit, MI | $12,857,454 | $2,381,059 |