Amvets is located in Etowah, TN. 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 12/2022, Amvets generated $46.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $40.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 4 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
PROVIDE SERVICE-RELATED ISSUES FOR VETERAN STATUS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randell Harper Commander | 40 | $0 | |
Henry Whitworth Finance Officer | 25 | $0 | |
Mark Kribbs Adjunct | 9 | $0 | |
Sandi Phifer 1st Vice Commander | 10 | $0 | |
Joe Palanki 2nd Vice Commander | 10 | $0 | |
Robert Holton 3rd Vice Commander | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $349 |
| Investment income | $0 |
| Gain or Loss | $127,147 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,747 |
| 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 | $3,058 |
| Occupancy, rent, utilities, and maintenance | $21,257 |
| Printing, publications, postage, and shipping | $171 |
| Other expenses | $16,200 |
| Total expenses | $40,686 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,198 |
| Other assets | $0 |
| Total assets | $17,198 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,198 |