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Sinking Spring Veterans Home Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 231400425 ✦ Reading, PA ✦ Designated as a 501(c)(7)

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Overview

What is Sinking Spring Veterans Home Association?

The Sinking Spring Veterans Home Association is a nonprofit entity, dedicated to serving as a fraternal organization for veterans who have served in foreign wars. Their activities encompass the sale of food and beverages, as well as small games of chance, all in line with their objective of fostering camaraderie and support among their member veterans. Their mission is deeply rooted in the ethos of unity and brotherhood among those who have bravely served their countries in foreign conflicts.

Is Sinking Spring Veterans Home Association legitimate?

Sinking Spring Veterans Home Association is a legitimate nonprofit organization registered as a 501(c)(7) entity. Sinking Spring Veterans Home Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $14,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $143,473

For more financial information, click here

What is the mission statement of Sinking Spring Veterans Home Association?

The Sinking Spring Veterans Home Association serves as a fraternal organization, primarily for veterans who have served in foreign wars. Their mission is centered around providing a sense of camaraderie and support among these individuals. The association engages in activities such as selling food and beverages and organizing small games of chance, all within the framework of fostering a sense of unity and fellowship among its members. Their primary objective is to offer a platform for these veterans to connect and share their experiences, fostering a sense of community and mutual support.

Who is the CEO of Sinking Spring Veterans Home Association?

Dave Picarelli is the President of Sinking Spring Veterans Home Association.

What is the revenue of Sinking Spring Veterans Home Association?

Sinking Spring Veterans Home Association's revenue in 2022 was $301,654.

Who are the executives of Sinking Spring Veterans Home Association and what are their salaries?

The average compensation at Sinking Spring Veterans Home Association during 2022 was $10,552. There are 15 employees and 20 volunteers at Sinking Spring Veterans Home Association.


Here are 6 key members and their salaries:


Dave Picarelli (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Mazur (Treasurer)
  • Compensation: $14,800
  • Related: $0
  • Other: $0
Kenneth Miller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Engle (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walt Kleinsphein (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Walsh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sinking Spring Veterans Home Association?

Sinking Spring Veterans Home Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Sinking Spring Veterans Home Association

The Sinking Spring Veterans Home Association serves as a fraternal organization, specifically catering to veterans who have served in foreign wars. Its mission is centered around providing a sense of camaraderie and community for these individuals. This fraternal organization engages in various activities, primarily involving the sale of food and beverages, as well as small games of chance. The goal is to foster a sense of fellowship and shared experiences among its members. The association's mission is to create a supportive environment where veterans can connect with one another and reminisce about their shared experiences in service.

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Impact




October, 2024

The Sinking Spring Veterans Home Association serves a vital role in fostering community and support among veterans of foreign wars. Through its programs, which include food and beverage sales and small games of chance, the association creates a welcoming environment where veterans can connect, share experiences, and find camaraderie. This fraternal organization actively promotes the well-being of its members by offering a space for social interaction and mutual assistance, contributing to the overall mental and emotional health of veterans in the Reading, PA area. The association's mission not only honors the sacrifices made by these service members but also enriches the local community by engaging veterans in meaningful activities and events, promoting a sense of belonging and solidarity among them.




This information is meant to be a general summary of Sinking Spring Veterans Home Association. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$301,654 (2022)
Expenses
$275,651 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $938,988

Assets and Liabilities:

  • Total Assets: $681,512
  • Total Liabilities: $11,904
  • Net Assets: $669,608

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Organization Details

Founding Year

1947

Principal Officer

Dave Picarelli

Main Address

550 COLUMBIA AVE, READING, PA, 19608

NTEE Category

Code: W30 - Public benefit

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