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South Shore Veterans Assistance Inc

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

EIN: 821379548 ✦ Hanson, MA ✦ Designated as a 501(c)(3)

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Overview

What is South Shore Veterans Assistance Inc?

South Shore Veterans Assistance Inc, located at 388 West Washington Street, Hanson, MA 02341, is a dedicated nonprofit organization. Their primary mission is to raise funds through various events and functions to support veterans in their housing, educational, medical, and general welfare needs. They strive to alleviate the challenges faced by these veterans, extending a helping hand in various aspects of their lives. The organization's activities are geared towards making a tangible difference in the lives of veterans, ensuring they receive the necessary assistance they need.


Official website here: www.southshoreveteransassistance.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement, 70%)

South Shore Veterans Assistance Inc has received a two-star rating from Charity Navigator, indicating a need for improvement within its organizational practices. Despite achieving a perfect score in the Accountability & Finance category, which highlights strong financial management and no material diversion of assets, several governance issues were noted. Specifically, the organization lacks independent board members and is missing key policies, including a whistleblower policy.

The organization demonstrates transparency in some areas, such as having its website listed on its tax form and maintaining a conflict of interest policy. However, it falls short in critical areas that impact oversight and accountability, including the absence of independent board members and a posted tax form on its website. These limitations could undermine donor confidence and the overall effectiveness of the nonprofit.

Overall, while South Shore Veterans Assistance Inc excels in financial accountability, its governance structure and missing important policies suggest that there is room for growth. Addressing these issues could enhance the organization's integrity and efficacy in supporting veterans.


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

Is South Shore Veterans Assistance Inc legitimate?

South Shore Veterans Assistance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Shore Veterans Assistance 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.southshoreveteransassistance.org

What is the mission statement of South Shore Veterans Assistance Inc?

South Shore Veterans Assistance Inc's mission is centered around organizing various functions and events primarily to raise funds. This fundraising initiative aims to support veterans by addressing their housing, educational, medical, and general welfare needs. The organization's primary goal is to provide financial aid and resources to veterans in need, thereby improving their overall quality of life.


Official website here: www.southshoreveteransassistance.org

Who is the CEO of South Shore Veterans Assistance Inc?

David Balkcom Jr is the President of South Shore Veterans Assistance Inc.


Official website here: www.southshoreveteransassistance.org

What is the revenue of South Shore Veterans Assistance Inc?

South Shore Veterans Assistance Inc's revenue in 2022 was $15,259.


Official website here: www.southshoreveteransassistance.org

Who are the executives of South Shore Veterans Assistance Inc and what are their salaries?


Here are 4 key members and their salaries:


Katherine Arvanitus (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David N Andrews (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Balkcom Jr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Olsen (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.southshoreveteransassistance.org

Where can I find the form 990 for South Shore Veterans Assistance Inc?

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


Official website here: www.southshoreveteransassistance.org

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

Mission Statement of South Shore Veterans Assistance Inc

South Shore Veterans Assistance Inc, as a nonprofit organization, is dedicated to holding various functions and events for a noble cause. Their primary mission is to raise funds to support veterans in various aspects of their lives. This encompasses housing, educational, medical, and general welfare needs. By organizing these events, the organization aims to provide essential assistance to veterans who may be facing challenges in these areas. The funds raised are instrumental in helping these veterans overcome their difficulties and lead more fulfilling lives.

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Impact




August, 2024

South Shore Veterans Assistance Inc has a significant impact on the lives of veterans by raising funds to assist them with housing, educational, medical, and general welfare needs. Through various functions and events, this organization provides crucial support to veterans in the community, helping them access essential services and resources. Their dedication to supporting those who have served our country demonstrates a commitment to improving the well-being of veterans and their families.




This information is meant to be a general summary of South Shore Veterans Assistance 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
$15,259 (2022)
Expenses
$13,082 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $67,748

Assets and Liabilities:

  • Total Assets: $36,910
  • Total Liabilities: $0
  • Net Assets: $36,910

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Organization Details

Founding Year

2017

Principal Officer

David Balkcom Jr

Main Address

388 WEST WASHINGTON STREET, HANSON, MA, 02341

NTEE Category

Code: W30 - Public benefit

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