Amvets is located in Odessa, TX. 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 12/2022, Amvets employed 12 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 12/2022, Amvets generated $54.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $43.6k during the year ending 12/2022. While expenses have increased by 5.7% per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE OUR COUNTRY IN PEACE AS IN WAR; TO BUILD AND MAINTAIN THE WELFARE OF THE UNITED STATES OF AMERICA TOWARD LASTING PROSPERITY AND PEACE FOR ALL ITS INHABITANTS; TO COOPERATE WITH ALL DULY RECOGNIZED EXISTING VETERAN'S ORGANIZATIONS IN THE FURTHERANCE OF THE AIMS OF THE AMERICAN VETERAN; TO EXPEDITE AND ASSIST IN THE REHABILITATION OF THE VETERAN BY SPONSORING AND GIVING SUPPORT TO EDUCATIONAL OPPORTUNITIES, TO RECREATIONAL ADVANTAGES, TO HOSPITALIZATION AND PERSONAL PROBLEMS, AND TO SUPPORT THE VETERAN IN ALL LEGISLATION FOR VETERANS BENEFITS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEAL PROGRAM - PROVIDES HOT MEALS AND FOOD BOXES TO VETERANS AND THEIR FAMILIES ASSISTING MORE THAN 50 FAMILIES AND INDIVIDUALS PER WEEK.
VETERANS' PROGRAMS - SUPPORT THE GEORGE H. O'BRIEN VA MEDICAL CENTER IN BIG SPRING, TX WITH DONATIONS OF FUNDS, SUPPLIES, TRANSPORTATION FOR PATIENTS TO AND FROM APPOINTMENTS, AND HOSTING EVENTS.
PROVIDE VETERANS AND THEIR FAMILIES WITH COMPUTER AND INTERNET ACCESS ALLOWING THEM TO SEARCH FOR JOBS, CONNECT WITH FAMILY, SEND/RECEIVE EMAIL, AND ACCESS SOCIAL MEDIA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sonia Sydow 2nd Vice | OfficerTrustee | 2 | $6,388 |
Holly Stephens Sgt At Arms | OfficerTrustee | 2 | $3,299 |
Pat Mcpherson President | OfficerTrustee | 10 | $0 |
Glenda Spencer 1st Vice | OfficerTrustee | 2 | $0 |
Sandi Phillips S / T | OfficerTrustee | 10 | $0 |
Anne Hewett 3rd Vice | OfficerTrustee | 2 | $0 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Investment income | $4 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $54,339 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $54,343 |
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. | $9,687 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $18,238 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $3,450 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $800 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $867 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $43,640 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $8,984 |
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 | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $8,984 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | -$4,390 |
Total liabilities | -$4,390 |
Net assets without donor restrictions | $13,374 |
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 | $0 |
Total liabilities and net assets/fund balances | $8,984 |