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Veterans Corner Inc

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

EIN: 800367720 ✦ Oklahoma city, OK ✦ Designated as a 501(c)(3)

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Overview

What is Veterans Corner Inc?

Veterans Corner Inc, located in Oklahoma City, Oklahoma, is a nonprofit organization dedicated to supporting veterans and their families. Their primary mission is to create a welcoming environment where certified veterans and their dependents can complete the necessary documentation for VA benefits. They offer financial aid to those in dire need, assisting with expenses such as food, late utility bills, rent, and burial costs. Additionally, they provide assistance with medical expenses related to hearing examinations and evaluations for veterans seeking service-connected disability claims. Every Thursday, they offer a meal service and help veterans navigate the complex VA system to submit the appropriate documentation. Their compassionate approach aims to alleviate the financial and administrative burdens faced by veterans and their families.


Official website here: www.veteranscorner.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Star rating.

Veterans Corner Inc demonstrates a strong commitment to accountability and financial health, reflected in its perfect score in this category. The organization has an entirely independent board, which is a significant strength, ensuring that governance is free from conflicts of interest. Additionally, it adheres to best practices with policies on conflict of interest, whistleblower protections, and document retention.

The charity's financials indicate a healthy operational model, with a program expense ratio of 78.63%, meaning that a substantial portion of its resources is devoted to its mission. Its liabilities to assets ratio is impressively low at 0.01%, showcasing strong financial stability. These metrics suggest that Veterans Corner Inc is effectively managing its resources to support veterans.

Overall, Veterans Corner Inc's high rating signifies that it is a well-managed organization with a clear focus on transparency and ethical governance. This positive assessment indicates that donors can have confidence in the organization's ability to utilize contributions effectively to benefit veterans.


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

Is Veterans Corner Inc legitimate?

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

For more financial information, click here


Official website here: www.veteranscorner.org

What is the mission statement of Veterans Corner Inc?

Veterans Corner Inc's mission is centered around creating a welcoming atmosphere to aid certified veterans and their dependents in completing necessary documents for VA benefits. The organization also extends financial assistance to the most vulnerable veterans and their families, providing aid for medical expenses, meals, rent, and utility bills, as well as crisis assistance when needed. Additionally, they offer a weekly breakfast and lunch for disabled veterans, providing assistance in navigating the complex VA system to submit the appropriate documentation for their claims.


Official website here: www.veteranscorner.org

Who is the CEO of Veterans Corner Inc?

Arthur Sipes is the Ceo/Chairman of Veterans Corner Inc. The CEO's salary of Veterans Corner Inc is $0 and their total compensation is $0.


Official website here: www.veteranscorner.org

What is the revenue of Veterans Corner Inc?

Veterans Corner Inc's revenue in 2022 was $58,436.


Official website here: www.veteranscorner.org

Who are the executives of Veterans Corner Inc and what are their salaries?


Here are 6 key members and their salaries (Veterans Corner Inc's CEO's salary is $0 and their total compensation is $0):


Arthur Sipes (Ceo/Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Myron Johnson (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Baxter (Asst Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betty Bromlow (Treasurer/Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Flowers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benny Crowe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.veteranscorner.org

Where can I find the form 990 for Veterans Corner Inc?

Veterans Corner Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.veteranscorner.org

Learn more at the official website: www.veteranscorner.org

Mission Statement of Veterans Corner Inc

Veterans Corner Inc is dedicated to establishing a welcoming atmosphere for certified veterans and their dependents. Their primary mission is to aid these individuals in completing the necessary documents for VA benefits. Furthermore, the organization extends financial assistance to the most financially vulnerable veterans and their families. This support encompasses various necessities such as medical expenses, food, overdue utility bills, rent, and burial expenses, among other crisis-related needs. To further assist these veterans, Veterans Corner Inc serves a weekly breakfast and lunch on Thursdays, providing an opportunity for disabled veterans to receive guidance as they navigate the intricate VA system to submit their documentation.

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Impact




August, 2024

Veterans Corner Inc provides critical support to Certified Veterans and their families, offering assistance with medical expenses, financial aid for basic needs, and guidance through the complex process of accessing VA benefits. By providing a friendly environment and essential services like meals and financial support, Veterans Corner Inc positively impacts the lives of veterans in need, ensuring they receive necessary support and resources to navigate the system and access the benefits they deserve.




This information is meant to be a general summary of Veterans Corner 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
$58,436 (2022)
Expenses
$83,689 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $642
  • Gross Receipts: $58,436

Assets and Liabilities:

  • Total Assets: $1,161,929
  • Total Liabilities: $178
  • Net Assets: $1,161,751

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Organization Details

Founding Year

2009

Principal Officer

Arthur Sipes

Main Address

11817 KINGSRIDGE TERRACE, OKLAHOMA CITY, OK, 73170

NTEE Category

Code: W30 - Public benefit

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