Indian River County Veterans Mall Foundation Inc is located in Vero Beach, FL. The organization was established in 2012. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indian River County Veterans Mall Foundation Inc 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 12/2023, Indian River County Veterans Mall Foundation Inc generated $40.7k 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 (8.5%) each year. All expenses for the organization totaled $36.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.5%) 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE SUPPORT TO VETERAN ORGANIZATIONS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Giarrusso President | 10 | $0 | |
Sandra Koehn Treasurer | 20 | $0 | |
Steve Defren Director | 10 | $0 | |
James Precord Director | 10 | $0 | |
Fred Schoenberg Director | 10 | $0 | |
John Zambri Director | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,768 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $40,715 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $24,968 |
| Printing, publications, postage, and shipping | $65 |
| Other expenses | $11,557 |
| Total expenses | $36,590 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,837 |
| Other assets | $0 |
| Total assets | $63,116 |
| Total liabilities | $2,878 |
| Net assets or fund balances | $60,238 |