Vincennes 40 & 8 Inc

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

EIN: 351099827 ✦ Vincennes, IN ✦ Designated as a 501(c)(19)

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Overview

What is Vincennes 40 & 8 Inc?

Vincennes 40 & 8 Inc is a local chapter of the Forty and Eight, a United States veterans fraternal organization, based in Vincennes, Indiana. Their primary mission involves raising funds to support various initiatives. These funds are primarily utilized to maintain facilities for veterans organizations and contribute to worthy causes such as nursing scholarships, child welfare, and other charitable activities within the Vincennes community. This nonprofit organization plays a significant role in uplifting veterans and their families in need.

Is Vincennes 40 & 8 Inc legitimate?

Vincennes 40 & 8 Inc is a legitimate nonprofit organization registered as a 501(c)(19) entity. Vincennes 40 & 8 Inc 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: $4,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $58,310

For more financial information, click here

What is the mission statement of Vincennes 40 & 8 Inc?

Vincennes 40 & 8 Inc operates as a United States Veterans Fraternal Organization. Their primary mission is to raise funds, which they utilize to support various facilities for veterans organizations. Additionally, they contribute financially to nursing scholarships and various charitable causes, extending their support to child welfare and other noble causes.

Who is the CEO of Vincennes 40 & 8 Inc?

Gary Davison is the Board Member of Vincennes 40 & 8 Inc.

What is the revenue of Vincennes 40 & 8 Inc?

Vincennes 40 & 8 Inc's revenue in 2023 was $144,834.

Who are the executives of Vincennes 40 & 8 Inc and what are their salaries?

The average compensation at Vincennes 40 & 8 Inc during 2023 was $10,418. There are 6 employees and 10 volunteers at Vincennes 40 & 8 Inc.


Here are 4 key members and their salaries:


Charles Nicholson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Davison (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Foster (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Adams (Secretary)
  • Compensation: $4,200
  • Related: $0
  • Other: $0
Where can I find the form 990 for Vincennes 40 & 8 Inc?

Vincennes 40 & 8 Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Vincennes 40 & 8 Inc

Vincennes 40 & 8 Inc, as a United States Veterans Fraternal Organization, serves a crucial role in supporting various charitable causes. Its mission is twofold: firstly, it generates funds to maintain facilities for veterans organizations. This financial contribution ensures that these organizations can continue their vital work in serving the needs of our nation's veterans.

Secondly, Vincennes 40 & 8 Inc is committed to contributing to nursing scholarships, child welfare, and a range of other charitable initiatives. By offering nursing scholarships, the organization is investing in the future of healthcare, ensuring that qualified individuals with a passion for serving veterans can pursue their education. Furthermore, the organization's dedication to child welfare demonstrates its concern for the well-being of the next generation. By supporting charitable causes, Vincennes 40 & 8 Inc is making a significant impact in the lives of many, reinforcing its role as a dedicated and compassionate US Veterans Fraternal Organization.

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Impact




October, 2024

Vincennes 40 & 8 Inc plays a crucial role in supporting veterans and their families in Vincennes, Indiana. By generating funds for facilities that serve veterans organizations, it ensures that former service members have access to the resources they need. Additionally, the organization actively contributes to nursing scholarships, which helps cultivate a new generation of healthcare professionals dedicated to serving those in need. Their commitment to child welfare and various charitable causes further strengthens the community, positively impacting the lives of many residents. Through these efforts, Vincennes 40 & 8 Inc fosters a sense of camaraderie and support among veterans while addressing critical needs within the community.




This information is meant to be a general summary of Vincennes 40 & 8 Inc. 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
$144,834 (2023)
Expenses
$149,899 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $12,725
  • Gross Receipts: $576,284

Assets and Liabilities:

  • Total Assets: $568,202
  • Total Liabilities: $2,816
  • Net Assets: $565,386

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Organization Details

Founding Year

1943

Principal Officer

Gary Davison

Main Address

2065 S OLD US 41, VINCENNES, IN, 47591

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