Amvets Valley Memorial Home Inc is located in Middletown, MD. The organization was established in 2011. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Amvets Valley Memorial Home Inc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 12/2022, Amvets Valley Memorial Home Inc generated $50.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $27.5k during the year ending 12/2022. 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
AMVETS VALLEY MEMORIAL HOME, INC. HOLDS REAL PROPERTY FOR THE USE OF AMVETS MEMORIAL POST 9 MEMBERS, A VETERANS ORGANIZATION. THE ORGANIZATION AMVETS POST 9 RENTS THE FACILITY FROM AMVETS VALLEY MEMORIAL HOME, INC. AMVETS VALLEY MEMORIAL HOME, INC. MAINTAINS THE POST HOME INCLUDING PAYMENTS OF MORTGAGE AND OCCUPANCY COSTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monty Ahalt Finance Officer | 0 | $0 | |
Richard Walchuck Vice Commander | 0 | $0 | |
Ed Moser Commander | 0 | $0 | |
Lewis Gannon Vice Commander | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $34,110 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $16,790 |
| Total Revenue | $50,900 |
| 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 | $27,547 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $27,547 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,818 |
| Other assets | $0 |
| Total assets | $374,679 |
| Total liabilities | $206,648 |
| Net assets or fund balances | $168,031 |