Overview
What is Veterans Education Training & Support Inc?
Veterans Education Training & Support Inc, also known as VETS INC, is a nonprofit organization based in Gaylord, Michigan. Their mission is to assist veterans in reintegrating into the civilian community through job training and support. They operate a community center called "The Landing Zone" where veterans can work or gather for support and understanding. VETS INC serves as a training ground for local colleges, particularly for student veterans and others in need of skills in areas such as business management, finance, marketing, food service, and recreation. During challenging times, such as a tornado, VETS INC provides grants to veterans in need. Additionally, they offer mentorship programs, Christmas Eve dinners, and free recreational activities for at-risk veterans throughout the year. The organization also maintains a portion of its facilities for a Veterans of Foreign Wars (VFW) managed meeting room for veterans and veterans organizations.
Official website here: www.bowlgaylord.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (66%)
Veterans Education Training & Support Inc has received a two-star rating, indicating a need for improvement in several areas of accountability and finance. The organization demonstrates a strong commitment to governance, as evidenced by a fully independent board and the presence of various policies such as conflict of interest and whistleblower protections. However, its financial reporting lacks transparency, leading to a low score in financial statements and a concerning liabilities to assets ratio of 72.43%.
The organization shows a positive program expense ratio of 86.20%, suggesting a significant portion of its funds is dedicated to its programs. This is a strong point in favor of the nonprofit, highlighting its focus on delivering services to veterans. However, the lack of accessible financial documents and failure to post the tax form on its website indicates areas where the organization could improve in transparency and accountability.
Overall, while Veterans Education Training & Support Inc is dedicated to supporting veterans, it faces challenges in financial transparency that could impact donor trust. Enhancing its financial reporting practices would likely strengthen its overall rating and public perception.
This AI summary has been generated from information found on Charity Navigator.
Is Veterans Education Training & Support Inc legitimate?
Veterans Education Training & Support Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Veterans Education Training & Support 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: $60,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $72,069
For more financial information, click here
Official website here: www.bowlgaylord.com
What is the mission statement of Veterans Education Training & Support Inc?
Veterans Education Training & Support Inc, briefed as VETS INC, focuses on assisting veterans and the community through job training. Their primary activity is operating "The Landing Zone," a recreation center, which serves as a platform for veterans to connect, work, and receive support during their transition back into civilian life. VETS INC acts as a catalyst for local colleges, allowing them to utilize the center as a training ground for student veterans and individuals in need, particularly in fields such as business management, finance, marketing, food service, and recreation. The earnings from "The Landing Zone" are channeled towards supporting various veteran organizations in the area.
Official website here: www.bowlgaylord.com
Who is the CEO of Veterans Education Training & Support Inc?
Ronald Lebourdais is the President of Veterans Education Training & Support Inc.
Official website here: www.bowlgaylord.com
What is the revenue of Veterans Education Training & Support Inc?
Veterans Education Training & Support Inc's revenue in 2022 was $754,492.
Official website here: www.bowlgaylord.com
Who are the executives of Veterans Education Training & Support Inc and what are their salaries?
The average compensation at Veterans Education Training & Support Inc during 2022 was $14,674. There are 9 employees at Veterans Education Training & Support Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $60,000
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.bowlgaylord.com
Where can I find the form 990 for Veterans Education Training & Support Inc?
Veterans Education Training & Support Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bowlgaylord.com
Learn more at the official website: www.bowlgaylord.com
Mission Statement of Veterans Education Training & Support Inc
Veterans Education Training & Support Inc, often referred to as VETS INC, is devoted to assisting veterans and supporting their integration into the civilian community. Their primary mission is accomplished through the operation of a Community Recreation Center known as "The Landing Zone." This center serves as a gathering place for veterans, offering them a supportive environment where they can work or socialize with their peers. The purpose of this facility is to aid in the reintegration process.
In addition to providing a social space, VETS INC utilizes "The Landing Zone" as an incubator for local colleges. These educational institutions leverage the facility as a training center for student veterans and other individuals in need, offering courses in areas such as Business Management, Finance, Marketing, Food Service, and Recreation. The revenue generated from the center is then utilized to provide aid to various veteran organizations in the area. By offering both vocational training and financial support, VETS INC is committed to empowering veterans and helping them transition successfully back into civilian life.
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Impact
July, 2024
Veterans Education Training & Support Inc, through its organization The Landing Zone, has a significant impact on aiding veterans in their transition back to civilian life. The facility provides a supportive environment where veterans can gather, receive mentorship, and access various support services. The organization's dedication to assisting veterans is evident in their provision of grants to those in need, including support following natural disasters like the tornado that affected the city of Gaylord. Additionally, by offering opportunities for job training and education in various fields, VETS INC plays a crucial role in helping veterans reintegrate into their communities. The organization's commitment to supporting area Veteran Organizations further amplifies its positive impact on the local veteran community.
This information is meant to be a general summary of Veterans Education Training & Support 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,788
- Program Service Revenue: $663,300
- Gross Receipts: $757,357
Assets and Liabilities:
- Total Assets: $497,535
- Total Liabilities: $365,324
- Net Assets: $132,211
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Full-Service Restaurants
Revenue
$287,341
Fitness and Recreational Sports Centers
Revenue
$370,652
Rec Center Outside
Youth Activities
Revenue
$5,307
Organization Details
Founding Year
2017
Phone
(616) 240-3014Principal Officer
Ronald Lebourdais
Main Address
1200 GORNICK AVENUE P O BOX 1063, GAYLORD, MI, 49734
Website
www.bowlgaylord.comNTEE Category
Code: P80 - Human services
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