Veterans Education Training & Support Inc
- Assets
- $490.5k
- Revenue
- $795.3k
- Investments
- $0.0
- Employees
- 19
- Location
- Gaylord, MI
- Founding
- 01/2018
- Data as of
- 12/2023
- EIN
- 82-1997192
Organization Overview
Veterans Education Training & Support Inc, operating under the name The Landing Zone, is located in Gaylord, MI. The organization was established in 2018. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2023, Landing Zone employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Landing Zone 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, Landing Zone generated $795.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $810.2k during the year ending 12/2023. While expenses have increased by 13.3% per year over the past 5 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
VETERAN AND COMMUNITY ASSISTANCE AND INTEGRATION THROUGH JOB TRAINING. VETS INC THROUGH ITS COMMUNITY RECREATION CENTER "THE LANDING ZONE" PROVIDES A PLACE FOR VETERANS TO WORK OR GATHER WITH OTHERS FOR SUPPORT AND UNDERSTANDING WITH THE PURPOSE OF HELPING REINTEGRATION WITH THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REVENUE FROM THE LANDING ZONE FAMILY RECREATION CENTER PROVIDES FOR ----- SUPPORT FOR VETERANS IN NEED -- HEALTH PHYSICAL & MENTAL: ASSISTANCE IN WORKING WITH THE LOCAL VETERANS ADMINISTRATION - COMPLETING APPLICATIONS; MENTORSHIP ONE ON ONE COACHING AND COUNSELLING. LEGAL ASSISTANCE: REVIEW OF COURT DOCUMENTS ASSISTANCE IN LANDLORD TENANT DISPUTES APPEARANCE IN COURT TO HELP WITH LEGAL ISSUES. WRITING LETTERS TO SETTLE LEGAL ISSUES. HOUSING: ASSISTANCE IN CONTACTING LOCAL HOUSING RESOURCES COMPLETING APPLICATIONS FOR HOUSING. TRANSPORTATION: FUNDS FOR REPAIRS GAS LOAN PAYMENTS ASSISTANCE WITH RIDES. FINANCIAL: FUNDS FOR FOOD RENT UTILITIES COACHING MENTORSHIP REGARDING PERSONAL FINANCES BANKING. COACHING MENTORSHIP: SPACE FOR VETERAN'S ORGANIZATIONS TO MEET SPACE FOR INDIVIDUAL VETERANS AND OTHERS IN NEED TO GATHER IN PRIVATE TO DISCUSS ISSUES OBTAIN COUNSELLING AND ASSISTANCE FOR PEERS. RECEIVE COACHING ON VARIOUS ISSUES FROM EXPERTS.
OPERATION OF THE LANDING ZONE FAMILY RECREATION CENTER PROVIDES FOR -----TRANSITIONAL EMPLOYMENT FOR VETERANS AND MEMBERS OF THE COMMUNITY IN NEED. THE LANDING ZONE PROVIDES TRANSITIONAL EMPLOYMENT FOR INDIVIDUALS IN THE COMMUNITY WHO ARE NOT ABLE TO GET HIRED BY A "NORMAL" BUSINESS. TRAINING: TRANSITIONAL EMPLOYEES ARE ABLE TO RECEIVE TRAINING IN A SPECIFIC JOB THAT CAN HELP THEM MOVE BACK INTO THE COMMUNITY AT LARGE. COACHING COUNSELLING: EMPLOYEES ARE COACHED REGARDING ACCOUNTABILITY DEPENDABILITY RESPONSIBILITY THE RECEIVE ONE ON ONE MENTORSHIP AND COUNSELLING REGARDING THEIR PERFORMANCE. SALARY: EMPLOYEES ARE PAID MINIMUM WAGE AND THEY CAN RECEIVE TIPS AND POSSIBLY BONUS PAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Lebourdais President | Officer | 40 | $0 |
Tony Sharkey VP Executive Director | Officer | 80 | $60,000 |
Richard Edmonds Legal Counsel Secretary | Officer | 20 | $0 |
Kenneth Crawford Director | Trustee | 10 | $0 |
Ryan Gray Director | Trustee | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,582 |
| Noncash contributions included in lines 1a–1f | $3,300 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,582 |
| Total Program Service Revenue | $762,920 |
| Investment income | $4,128 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $256 |
| Net Rental Income | $1 |
| Net Gain/Loss on Asset Sales | $752 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $6,191 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $795,334 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,933 |
| Grants and other assistance to domestic individuals. | $152,754 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $60,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $46,490 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $29,892 |
| Fees for services: Management | $4,670 |
| Fees for services: Legal | $200 |
| Fees for services: Accounting | $1,510 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $28,215 |
| Office expenses | $4,469 |
| Information technology | $2,155 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,340 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $730 |
| Interest | $23,972 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,600 |
| Insurance | $15,977 |
| All other expenses | $0 |
| Total functional expenses | $810,155 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $310,374 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,906 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $125,252 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $50,000 |
| Other assets | $0 |
| Total assets | $490,532 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $355,341 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $355,341 |
| Net assets without donor restrictions | $118,273 |
| Net assets with donor restrictions | $16,918 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $490,532 |