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Vel Institute

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

EIN: 465637855 ✦ Spring, TX ✦ Designated as a 501(c)(3)

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Overview

What is Vel Institute?

Vel Institute is a nonprofit organization situated in Spring, Texas, primarily dedicated to assisting veterans, entrepreneurs, and leaders. Their primary focus is on facilitating collaborative learning experiences, offering classes to veterans for personal development and leadership enhancement. The mission of Vel Institute is to foster connections among like-minded individuals, empower them with essential leadership and entrepreneurial skills, and encourage knowledge sharing through collective learning. The organization supports veterans in their personal growth and professional development, serving as a platform for collaboration and skill development.


Official website here: www.velinstitute.org/

Is Vel Institute legitimate?

Vel Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vel Institute submitted a form 990EZ, 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.


Official website here: www.velinstitute.org/

What is the mission statement of Vel Institute?

Vel Institute's mission is centered around facilitating connections and development among veterans, entrepreneurs, and leaders. The institution encourages collaborative learning through its programs, with a focus on enhancing leadership and entrepreneurship skills. By bringing together individuals with similar mindsets, VEL Institute aims to foster an environment where individuals can learn from one another, thereby promoting personal growth. The mission of Vel Institute is to support these individuals, helping them hone their skills and contribute effectively in their respective fields.


Official website here: www.velinstitute.org/

Who is the CEO of Vel Institute?

Unavailable


Official website here: www.velinstitute.org/

What is the revenue of Vel Institute?

Vel Institute's revenue in 2022 was $22,952.


Official website here: www.velinstitute.org/

Who are the executives of Vel Institute and what are their salaries?


Here are 6 key members and their salaries:


Charles Newnam (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Schultz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rolland Coleman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Greever (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Baker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Buckley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.velinstitute.org/

Where can I find the form 990EZ for Vel Institute?

Vel Institute's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.velinstitute.org/

Learn more at the official website: www.velinstitute.org/

Mission Statement of Vel Institute

Vel Institute, a nonprofit organization, is dedicated to bridging connections among veterans, entrepreneurs, and leaders. Its primary mission is to facilitate collaborative learning experiences, enabling individuals to enhance their leadership and entrepreneurial skills. The institute aims to bring together like-minded people, fostering an environment where they can learn from one another and support each other in their personal growth journeys. By providing classes focused on leadership development, Vel Institute empowers its participants to excel in their respective fields and contribute positively to their communities.

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Impact




August, 2024

Vel Institute's impact is significant as it helps veterans, entrepreneurs, and leaders connect and develop through collaborative learning. By providing classes for veterans focused on personal growth and leadership development, Vel Institute is making a positive difference in the lives of those who have served our country. Through its mission to connect like-minded individuals, develop essential skills, foster collaboration, and support veterans, Vel Institute is contributing to the growth and success of its participants. Located in Spring, TX, Vel Institute is playing a crucial role in the development of leaders and entrepreneurs in the community.




This information is meant to be a general summary of Vel Institute. 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
$22,952 (2022)
Expenses
$19,998 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $45,490

Assets and Liabilities:

  • Total Assets: $58,671
  • Total Liabilities: $0
  • Net Assets: $58,671

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Organization Details

Main Address

330 RAYFORD RD 759, SPRING, TX, 77386

NTEE Category

Code: W30 - Public benefit

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