Amvets

Organization Overview

Amvets is located in Marquette Heights, IL. The organization was established in 1970. 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 07/2022, Amvets generated $17.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.9%) each year. All expenses for the organization totaled $18.0k during the year ending 07/2022. As we would expect to see with falling revenues, expenses have declined by (12.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE SCHOLARSHIPS TO DESERVING INDIVIDUALS AND GRANTS TO OTHER CHARITABLE ORGANIZATIONS IN FURTHERANCE OF THEIR STATED CHARITABLE PURPOSES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AWARDING OF GRANTS AND SCHOLARSHIPS TO DESERVING INDIVIDUALS AND CHARITABLE ORGANIZATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Penelope Goins
Secretary
$600
Joyce Srebalus
President
$0
Norma Studebaker
1st Vice President
$0
Debra Spence
2nd Vice President
$0
Debra Dant
Treasurer/convention Chair
$0
Randi Mcpherson
3rd Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,250
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,250
Total Program Service Revenue$11,820
Investment income $58
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $104
Net Income from Gaming Activities $1,062
Net Income from Sales of Inventory -$233
Miscellaneous Revenue$0
Total Revenue $17,614

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Amvets has recieved totaling $25,500.

Awarding OrganizationAmount
Amvets

Springfield, IL

PURPOSE: ANNUAL GRANT FOR OPERATIONS/VETERAN SERVICES

$25,500
View Grant Recipient Profile

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