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Amvets Valley Memorial Home Inc

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

EIN: 521492860 ✦ Middletown, MD ✦ Designated as a 501(c)(2)

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Overview

What is Amvets Valley Memorial Home Inc?

Amvets Valley Memorial Home Inc is a nonprofit organization that serves as a holding entity for real estate, specifically for the use of Amvets Memorial Post 9, a veterans organization. By maintaining the property, including mortgage and occupancy costs, Amvets Valley Memorial Home Inc enables Amvets Memorial Post 9 members to utilize the facility as their base. This strategic arrangement provides a supportive environment for veterans, demonstrating the organization's commitment to the well-being and activities of this particularly honored group.

Is Amvets Valley Memorial Home Inc legitimate?

Amvets Valley Memorial Home Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Amvets Valley Memorial Home Inc 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.

What is the mission statement of Amvets Valley Memorial Home Inc?

Amvets Valley Memorial Home Inc serves as a holding entity for real estate, primarily used by Amvets Memorial Post 9, a veterans organization. The organization's primary role is to ensure the maintenance and upkeep of the property, including payments for mortgage and occupancy costs. Amvets Memorial Post 9, in turn, rents the facility for their own activities as a veterans organization. Essentially, Amvets Valley Memorial Home Inc provides a physical space for Amvets Memorial Post 9, supporting their operations as a veterans group.

Who is the CEO of Amvets Valley Memorial Home Inc?

Unavailable

What is the revenue of Amvets Valley Memorial Home Inc?

Amvets Valley Memorial Home Inc's revenue in 2022 was $50,900.

Who are the executives of Amvets Valley Memorial Home Inc and what are their salaries?


Here are 4 key members and their salaries:


Monty Ahalt (Finance Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Walchuck (Vice Commander)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Moser (Commander)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lewis Gannon (Vice Commander)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Amvets Valley Memorial Home Inc?

Amvets Valley Memorial Home Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Amvets Valley Memorial Home Inc

Amvets Valley Memorial Home Inc, as a holding entity, is primarily dedicated to managing real estate for the use of Amvets Memorial Post 9, a veterans organization. This nonprofit organization serves as a landlord, leasing its property to Amvets Post 9, a veterans group that utilizes the facility as their meeting place. Amvets Valley Memorial Home Inc assumes financial responsibilities for the property, covering mortgage and occupancy costs, ensuring the post 9 members have a suitable venue for their activities. By acting as a landlord and maintaining the property, Amvets Valley Memorial Home Inc plays a crucial role in supporting the mission of Amvets Memorial Post 9, which serves and empowers veterans.

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Impact




October, 2024

Amvets Valley Memorial Home Inc plays a crucial role in supporting the activities and well-being of the Amvets Memorial Post 9 members by providing a stable and dedicated facility for their operations. This ensures that veterans have a place to gather, connect, and engage in community activities, fostering a sense of belonging and camaraderie among members.

By managing the real property and taking care of the financial responsibilities such as mortgage and occupancy costs, Amvets Valley Memorial Home Inc allows the Amvets Post 9 to focus on its mission of serving veterans without the burden of maintaining a facility. This support enhances the community's overall improvement by promoting veteran engagement and connection, as well as providing a space where members can participate in programs and events that address their needs and interests.

The establishment not only signifies a commitment to honoring those who have served but also contributes to the broader community in Middletown, Maryland. The presence of such a dedicated space facilitates community events, volunteer opportunities, and outreach programs, enriching the lives of veterans and residents alike. By maintaining the post home, Amvets Valley Memorial Home Inc strengthens the ties within the veteran community and its connection to the wider society, ultimately fostering a supportive environment that acknowledges and celebrates service.




This information is meant to be a general summary of Amvets Valley Memorial Home 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
$50,900 (2022)
Expenses
$27,547 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $34,110
  • Gross Receipts: $50,900

Assets and Liabilities:

  • Total Assets: $374,679
  • Total Liabilities: $206,648
  • Net Assets: $168,031

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Organization Details

Main Address

PO BOX 275, MIDDLETOWN, MD, 21769

NTEE Category

Code: S47 - Community improvement

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