Amvets
- Assets
- $45.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Elliott, IL
- Founding
- 01/1970
- Data as of
- 05/2020
- EIN
- 51-0161134
Organization Overview
Amvets is located in Elliott, 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 05/2020, Amvets generated $10.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.2%) each year. All expenses for the organization totaled $13.4k during the year ending 05/2020. As we would expect to see with falling revenues, expenses have declined by (7.6%) per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
AID VETERANS AND COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Fields President | 15 | $0 | |
Mike Grove Vice President | 5 | $0 | |
James Sommer Finance Officer | 2 | $0 | |
Loren Myers Past President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $615 |
| Total Program Service Revenue | $5,976 |
| Membership dues | $415 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $10,002 |
| Statement of Expenses | |
|---|---|
| Total expenses | $13,407 |
| Balance Sheet | |
|---|---|
| Total assets | $45,141 |
| Total liabilities | $0 |
| Net assets or fund balances | $45,141 |