Veterans Network Committee Of Northern Illinois is located in Fox River Grove, IL. The organization was established in 2011. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Veterans Network Committee Of Northern Illinois 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 12/2022, Veterans Network Committee Of Northern Illinois generated $26.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (17.4%) each year. All expenses for the organization totaled $39.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.6%) per year over the past 8 years. 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
2022
Describe the Organization's Program Activity:
Part 3
TO SERVE THE NORTHERN ILLINOIS AREA BY PROVIDING BENEFICIAL SERVICES TO DISABLED, POOR OR DISTRESSED VETERANS AND MEMBERS OF THE US ARMED FORCES AND THEIR DEPENDENTS AND THE WIDOWS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Delbert Seaton Vice Preside | 0 | $0 | |
Paulette Granath Secretary | 0 | $0 | |
Aaron Stain President/se | 0 | $0 | |
Brain Allen Director | 0 | $0 | |
Craig Graham Director | 0 | $0 | |
Fred Hossfeld Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,116 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $747 |
| Total Revenue | $26,863 |
| 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 | $3,244 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $35,707 |
| Total expenses | $38,951 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,677 |
| Other assets | $0 |
| Total assets | $16,947 |
| Total liabilities | $1,538 |
| Net assets or fund balances | $15,409 |