Disabled Veterans Charities Inc
- Assets
- $5.1m
- Revenue
- $596.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Redlands, CA
- Founding
- 04/1972
- Data as of
- 12/2021
- EIN
- 95-2593421
Organization Overview
Disabled Veterans Charities Inc is located in Redlands, CA. The organization was established in 1972. 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. As of 12/2021, Disabled Veterans Charities Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Disabled Veterans Charities 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 12/2021, Disabled Veterans Charities Inc generated $596.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.5%) each year. All expenses for the organization totaled $641.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.8%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST THE DISABLED AND NEEDY VETERANS, THEIR WIDOWS, AND THEIR DEPENDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PRIMARY SOURCE OF INCOME IS THRU RENTAL OF ITS PROPERTIES. THE ORGANIZATION DONATES TO OTHER NONPROFIT AGENCIES WHICH CARRIES OUT FUNDING AND REHABILITATION PROGRAMS FOR DISABLED AND HOMELESS VETERANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jo Anne Marie Rodriguez Director | Trustee | 40 | $137,777 |
Valdena Rae Serrano Manager | 40 | $61,834 | |
Patricia Murray VP & Treasurer | OfficerTrustee | 2 | $900 |
Jerry Trotta Secretary | OfficerTrustee | 2 | $900 |
Michael Sisson CFO | OfficerTrustee | 2 | $900 |
David Mccarthy Director | Trustee | 1 | $450 |
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 | $41,337 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,337 |
| Total Program Service Revenue | $40,000 |
| Investment income | $2,362 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $512,916 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $596,615 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $100,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $137,777 |
| Compensation of current officers, directors, key employees. | $41,333 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $61,834 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,286 |
| Payroll taxes | $14,662 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,960 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $18,063 |
| Office expenses | $4,188 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $17,477 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $129,304 |
| Insurance | $36,333 |
| All other expenses | $18,167 |
| Total functional expenses | $641,716 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $306,743 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $46,604 |
| Net Land, buildings, and equipment | $4,523,345 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $113,602 |
| Other assets | $104,028 |
| Total assets | $5,094,322 |
| Accounts payable and accrued expenses | $23,985 |
| 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 | $1,460,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,688 |
| Total liabilities | $1,489,673 |
| Net assets without donor restrictions | $3,604,649 |
| Net assets with donor restrictions | $0 |
| 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 | $5,094,322 |
Grants Awarded
Over the last fiscal year, Disabled Veterans Charities Inc has awarded $269,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Los Angeles, CA PURPOSE: TO ASSIST DISABLED VETERANS | $250,000 |
La Plata, MD PURPOSE: TO ASSIST DISABLED VETERANS | $19,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Disabled Veterans Charities Inc has recieved totaling $37,446.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $17,050 |
Esco Technologies Foundation St Louis, MO PURPOSE: SUPPORT HOMELESS VETERANS & PROVIDE GENERAL LIVING ASSISTANCE | $10,000 |
Esco Technologies Foundation St Louis, MO PURPOSE: SUPPORT HOMELESS VETERANS & PROVIDE GENERAL LIVING ASSISTANCE | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $396 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Veteran Tickets Foundation Tempe, AZ | $3,473,043 | $70,156,514 |
Swords To Plowshares Veterans Rights Organization San Francisco, CA | $13,731,803 | $35,297,923 |
Nations Finest Santa Rosa, CA | $6,187,944 | $28,671,006 |
Vietnam Veterans Of San Diego San Diego, CA | $48,971,024 | $19,292,555 |
D A V Industries Spring Valley, CA | $16,692,300 | $10,872,133 |
Amvets Department Of California Service Foundation Garden Grove, CA | $23,614,480 | $12,375,344 |
Blue Star Families Inc Encinitas, CA | $9,421,835 | $11,402,884 |
Veterans Transition Center Of Monterey County Marina, CA | $10,271,050 | $3,306,792 |
Uso - Greater Los Angeles Area Inc Dba Bob Hope Uso Long Beach, CA | $9,922,016 | $7,823,004 |
Sepulveda Research Corporation North Hills, CA | $0 | $358,377 |
Support The Enlisted Project Inc San Diego, CA | $1,459,918 | $2,679,000 |
For The Troops Simi Valley, CA | $784,854 | $2,236,492 |