Amvets is located in Lancaster, OH. The organization was established in 1945. 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 06/2022, Amvets generated $192.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $194.6k during the year ending 06/2022. While expenses have increased by 1.8% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS FOR VETERANS FAMILY MEMBERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Paul Lipps 3rd Vice Co | 2 | $0 | |
Clement Joe Krikpatrick Vavs Represe | 2 | $0 | |
Scott Emery Chaplain | 2 | $0 | |
Danny Potes Provost Mars | 2 | $0 | |
Ed Moore Finance Offi | 2 | $0 | |
Vern Davenport Imm Past Com | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $183,952 |
Membership dues | $0 |
Investment income | $3,959 |
Gain or Loss | $4,158 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $192,069 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $19,283 |
Professional fees and other payments to independent contractors | $2,975 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $2,087 |
Other expenses | $170,252 |
Total expenses | $194,597 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $111,123 |
Other assets | $0 |
Total assets | $111,246 |
Total liabilities | $1,180 |
Net assets or fund balances | $110,066 |
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American Legion Lansing, MI | $6,617,226 | $3,234,715 |
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