Amvets
- Assets
- $162.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brentwood, NY
- Founding
- 08/1993
- Data as of
- 12/2022
- EIN
- 11-3149230
Organization Overview
Amvets is located in Brentwood, NY. The organization was established in 1993. 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 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 12/2022, Amvets generated $54.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $57.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 4 years. 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 |
|---|---|---|---|
John Morge Commander | 10 | $0 | |
Michael Amodio Vice Commander | 10 | $0 | |
Joseph Perron Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,204 |
| Total Program Service Revenue | $0 |
| Membership dues | $953 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $44,583 |
| Other Revenue | $0 |
| Total Revenue | $54,747 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $470 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,520 |
| Occupancy, rent, utilities, and maintenance | $33,988 |
| Printing, publications, postage, and shipping | $520 |
| Other expenses | $8,273 |
| Total expenses | $57,011 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,465 |
| Other assets | $0 |
| Total assets | $162,262 |
| Total liabilities | $1,800 |
| Net assets or fund balances | $160,462 |