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Minnesota Vietnam Veterans Charity

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

EIN: 371496521 ✦ Roseville, MN ✦ Designated as a 501(c)(3)

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Overview

What is Minnesota Vietnam Veterans Charity?

Minnesota Vietnam Veterans Charity is a compassionate nonprofit organization situated in Minnesota. Its primary objective is to aid veterans and their families, demonstrating gratitude for their service to the nation. They accomplish this mission by granting funds to organizations that offer direct or indirect assistance to veterans and their families. Additionally, the charity honors numerous veterans and their families through special recognitions, acknowledging their selfless contributions. The organization's activities serve as a testament to their unwavering commitment to supporting those who have served our country.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80%, Three-Star out of Four Star rating

The Minnesota Vietnam Veterans Charity has received an 80% overall score, indicating a solid performance in terms of accountability and finance. This rating is derived entirely from their Accountability & Finance score, which reflects the organization’s financial health and governance practices. A three-star rating signals that the charity is effectively managing its resources and adhering to best practices in financial accountability.

One of the charity's major strengths is its governance structure, featuring a fully independent board of directors. All ten board members are independent, and the organization demonstrates strong oversight with no reported material diversion of assets. Furthermore, the charity has a conflict of interest policy in place and maintains transparency by documenting board meeting minutes.

In terms of financial management, the Minnesota Vietnam Veterans Charity exhibits a strong program expense ratio of 83.29%, indicating that a significant portion of its expenses directly supports its programs. The organization also boasts a liabilities-to-assets ratio of 0.00%, which suggests a healthy financial position without debt. Overall, while the charity shows commendable strengths in governance and financial accountability, there are no significant limitations noted in the data provided.


This AI summary has been generated from information found on Charity Navigator.

Is Minnesota Vietnam Veterans Charity legitimate?

Minnesota Vietnam Veterans Charity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota Vietnam Veterans Charity 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Minnesota Vietnam Veterans Charity?

Minnesota Vietnam Veterans Charity is a non-profit organization committed to supporting veterans and their families. Its mission is to offer financial assistance to organizations that directly or indirectly help veterans and their families. Furthermore, the charity recognizes the service of numerous veterans and their families by honoring them with special recognition. In essence, Minnesota Vietnam Veterans Charity strives to assist veterans and their families through grant distribution and recognition programs.

Who is the CEO of Minnesota Vietnam Veterans Charity?

Jerry Kyser is the Board Member of Minnesota Vietnam Veterans Charity.

What is the revenue of Minnesota Vietnam Veterans Charity?

Minnesota Vietnam Veterans Charity's revenue in 2022 was $26,840.

Who are the executives of Minnesota Vietnam Veterans Charity and what are their salaries?

There 5 volunteers at Minnesota Vietnam Veterans Charity.


Here are 6 key members and their salaries:


Gary Leclaire (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Laguban (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jana Kyser (Board Member Admin)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Mcdonald (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Kivioja (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Kyser (Exec Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Minnesota Vietnam Veterans Charity?

Minnesota Vietnam Veterans Charity's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Minnesota Vietnam Veterans Charity

Minnesota Vietnam Veterans Charity, as a non-profit organization, is committed to supporting veterans and their families. Their mission is twofold. Firstly, they provide financial assistance to organizations that directly or indirectly aid veterans and their families. By doing so, they contribute to a network of resources that can help veterans in various ways. Secondly, the charity recognizes and honors the service of numerous veterans and their families. This recognition serves as a testament to their dedication and sacrifice for their country. By fulfilling this mission, Minnesota Vietnam Veterans Charity plays a significant role in supporting the well-being of veterans and their families.

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Impact




August, 2024

Minnesota Vietnam Veterans Charity has a significant impact on supporting veterans and their families in Minnesota. This organization provides grants to various organizations that directly or indirectly assist veterans and their families. Additionally, they offer special recognition to numerous veterans and their families for their service to the country. Through their efforts, Minnesota Vietnam Veterans Charity plays a crucial role in improving the lives of those who have served and sacrificed for the nation.




This information is meant to be a general summary of Minnesota Vietnam Veterans Charity. 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
$26,840 (2022)
Expenses
$41,285 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $269
  • Gross Receipts: $26,840

Assets and Liabilities:

  • Total Assets: $56,812
  • Total Liabilities: $0
  • Net Assets: $56,812

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Organization Details

Founding Year

2004

Principal Officer

Jerry Kyser

Main Address

2674 MACKUBIN STREET, ROSEVILLE, MN, 55113

NTEE Category

Code: W11 - Public benefit

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