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National Veteran Owned Business Association

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

EIN: 813882002 ✦ Carnegie, PA ✦ Designated as a 501(c)(3)

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Overview

What is National Veteran Owned Business Association?

The National Veteran Owned Business Association, based in Carnegie, Pennsylvania, is a nonprofit organization with a mission to support and advocate for veteran-owned businesses. They offer certification for these businesses, enabling them to gain access to corporate contracting opportunities. This nonprofit is a part of the National Business Inclusion Consortium, collaborating with various chambers of commerce and organizations to promote inclusivity. Their exclusive 'Marching Forward Mondays' program facilitates virtual meetings between certified businesses and corporate allies. Furthermore, they run a 'Certified Veteran-Owned' campaign to help consumers identify products from veteran-owned businesses. They also collaborate with Disability:IN to streamline opportunities for service-disabled veteran businesses and manage the 'State Tracker Program' to facilitate legislation for contracting opportunities with state governments. Overall, their goal is to enhance business opportunities for veteran-owned businesses of all sizes.


Official website here: www.navoba.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Stars)

The National Veteran Owned Business Association has received a Three-Star rating from Charity Navigator, reflecting an overall score of 76%. This rating indicates a solid performance in terms of accountability and finance, particularly highlighted by a high program expense ratio of 79.55%, which demonstrates a strong commitment to directing funds towards their programs and services.

The organization's strengths include having a fully independent board, with 100% of its members meeting this criterion. Additionally, there are no material diversions of assets, and essential policies such as conflict of interest are well-documented. However, the absence of a whistleblower policy and document retention protocols indicates areas for improvement in governance and transparency.

On the leadership front, the organization excels with a perfect score in leadership and adaptability, showcasing effective strategic planning and execution. While the financial management aspects are commendable, addressing the noted governance shortcomings could enhance their overall accountability and further strengthen their operations.


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

Is National Veteran Owned Business Association legitimate?

National Veteran Owned Business Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Veteran Owned Business Association 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: $230,436

For more financial information, click here


Official website here: www.navoba.org

What is the mission statement of National Veteran Owned Business Association?

The National Veteran Owned Business Association's mission is to address a gap in charitable and educational programs for the military veteran community. They achieve this by facilitating corporate contracting opportunities for Veteran-owned Business Enterprises (VBES) and Service-Disabled Veteran-owned Business Enterprises (SDVBES). This is done through education, advocacy, outreach, recognition, and certification. By establishing a direct link between corporate America and veteran businesses, the association aims to enhance business prospects for VBES of all sizes.


Official website here: www.navoba.org

Who is the CEO of National Veteran Owned Business Association?

Matthew Pavelek is the Chair of National Veteran Owned Business Association. The CEO's salary of National Veteran Owned Business Association is $119,831 and their total compensation is $139,579.


Official website here: www.navoba.org

What is the revenue of National Veteran Owned Business Association?

National Veteran Owned Business Association's revenue in 2022 was $932,414.


Official website here: www.navoba.org

Who are the executives of National Veteran Owned Business Association and what are their salaries?

The average compensation at National Veteran Owned Business Association during 2022 was $115,218. There are 2 employees and 15 volunteers at National Veteran Owned Business Association.


Here are 27 key members and their salaries (National Veteran Owned Business Association's CEO's salary is $119,831 and their total compensation is $139,579):


Heather Herndon-Wright (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Hall (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Whitmire (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wade Wright (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mick Burkard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Simone Ray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Simmons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Sanders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Minchillo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Rakes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Sheldon Wesley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harvey Butler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Silka Rodriquez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Che Mcferrin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jose Nido (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Guerra (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bede Ramcharan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Staci Redmon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Butler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blake Hogan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Georgia Marsh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Ashe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Freed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Misty Stutsman Fox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Pavelek (President & Ceo)
  • Compensation: $119,831
  • Related: $0
  • Other: $19,748
Laxmi Lohm (Executive Vice President)
  • Compensation: $111,843
  • Related: $0
  • Other: $19,873


Official website here: www.navoba.org

Where can I find the form 990 for National Veteran Owned Business Association?

National Veteran Owned Business Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.navoba.org

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

Mission Statement of National Veteran Owned Business Association

The National Veteran Owned Business Association, abbreviated as NVOBAs, is committed to filling a gap in charitable and educational programs that support the military veteran community. Their primary mission is to enable corporate contracting opportunities for American veterans and service-disabled veterans' business enterprises (VBES/SDVBES). To achieve this, the organization focuses on education, advocacy, outreach, recognition, and certification.

By providing these services, NVOBAs aim to create a direct link between corporate America and veteran-owned businesses, thereby improving business prospects for these entities of various sizes. This mission is driven by a desire to empower the veteran community and contribute to their economic growth, thereby enhancing their overall well-being. The organization's efforts are geared towards fostering an environment where veteran-owned businesses can thrive, thereby promoting economic self-sufficiency within the veteran community.

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Impact




July, 2024

The National Veteran Owned Business Association has made a significant impact by providing certification for veteran-owned and service-disabled veteran-owned businesses. They have launched exclusive sourcing tools, joined national business inclusion consortiums, and facilitated virtual meetings between certified businesses and corporate allies. Their Certified Veteran-Owned campaign helps consumers easily identify products from these businesses. Additionally, they have worked with Disability:IN to streamline opportunities for service-disabled veteran-owned businesses. Through their state tracker program, they have helped pass legislation in 35 states to create contracting opportunities with state governments. Their mission is to support the military veteran community by enabling contracting opportunities and improving business opportunities for veteran-owned businesses of all sizes.




This information is meant to be a general summary of National Veteran Owned Business Association. 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
$932,414 (2022)
Expenses
$703,007 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,706
  • Program Service Revenue: $78,904
  • Gross Receipts: $932,414

Assets and Liabilities:

  • Total Assets: $1,105,695
  • Total Liabilities: $127,500
  • Net Assets: $978,195

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CERTIFICATION FEES

Revenue

$78,904

Organization Details

Founding Year

2017

Principal Officer

Matthew Pavelek

Main Address

313-315 MAIN ST, CARNEGIE, PA, 15106

NTEE Category

Code: P11 - Human services

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