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Alcovets Inc

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

EIN: 825304445 ✦ Graham, NC ✦ Designated as a 501(c)(3)

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Overview

What is Alcovets Inc?

Alcovets Inc, located in Graham, North Carolina, is a nonprofit organization dedicated to honoring and supporting local veterans of Alamance County who are in need. They accomplish this through various educational outreach programs and events, aiming to raise awareness about the needs of veterans. Operating under Section 501(3) of the Internal Revenue Code, Alcovets Inc is a non-partisan, non-sectarian organization that does not influence elections or appointments for public offices. Their mission is to operate exclusively for educational and charitable purposes, providing assistance to veterans within the meaning of this section.


Official website here: www.alcovets.org

What do the Facebook reviews say about Alcovets Inc?

74% of 6 reviewers on Facebook recommend Alcovets Inc. Here’s a summary of their insights:

Overall, the sentiment towards Alcovets Inc appears positive, with reviewers highlighting it as a commendable organization. One comment emphasized the importance of supporting the nonprofit, suggesting that it makes a significant impact upon those it serves.

While the number of reviews is limited, the positive recommendation indicates that those who have engaged with Alcovets Inc appreciate its mission and efforts. It seems the nonprofit is effectively making strides in its cause, resonating well with supporters.


This AI summary has been generated from reviews found on Facebook.

Is Alcovets Inc legitimate?

Alcovets Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alcovets 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.alcovets.org

What is the mission statement of Alcovets Inc?

Alcovets Inc is committed to raising funds to honor and assist veterans in need, specifically from Alamance County. The organization operates on a non-partisan, non-sectional, and non-sectarian basis, avoiding involvement in elections or appointments of public officials. Alcovets Inc operates as a non-profit entity, solely dedicated to education and charitable purposes, as outlined in Section 501(3) of the Internal Revenue Code or any future corresponding section of the federal tax code. The organization's primary objective is to provide support to veterans, ensuring they receive the assistance they deserve.


Official website here: www.alcovets.org

Who is the CEO of Alcovets Inc?

William G Talley is the Chairman of Alcovets Inc.


Official website here: www.alcovets.org

What is the revenue of Alcovets Inc?

Alcovets Inc's revenue in 2022 was $223,263.


Official website here: www.alcovets.org

Who are the executives of Alcovets Inc and what are their salaries?

There 185 volunteers at Alcovets Inc.


Here are 10 key members and their salaries:


William G Talley (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Shevlin (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duane Flood (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobby Chin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Brewer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Brooks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Christopher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Fisher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Fletcher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Harrington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.alcovets.org

Where can I find the form 990 for Alcovets Inc?

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


Official website here: www.alcovets.org

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

Mission Statement of Alcovets Inc

Alcovets Inc, a non-profit organization, is dedicated to honoring and assisting local veterans in need within Alamance County. This organization adheres to a non-partisan, non-sectional, and non-sectarian approach, refraining from participating or lending influence in the elections or appointments of any public officials at the state, county, or any other level. Alcovets Inc operates solely for educational and charitable purposes, falling under Section 501(3) of the Internal Revenue Code or its corresponding section in any future federal tax code. The organization's primary mission is to raise funds to support these veterans, demonstrating its commitment to giving back to those who have served their country.

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Impact




October, 2024

Alcovets Inc has made a significant impact in Alamance County, NC, by dedicating resources to support local veterans in need. Through fundraising efforts, the organization has been able to provide vital assistance and honor those who have served in the military. By focusing on education and awareness, Alcovets Inc not only raises funds but also fosters a greater appreciation for the sacrifices made by veterans. This commitment helps to address immediate needs within the veteran community, creating a ripple effect that enhances the overall well-being of Alamance County’s veterans and their families.




This information is meant to be a general summary of Alcovets 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
$223,263 (2022)
Expenses
$113,544 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $23
  • Program Service Revenue: $3,161
  • Gross Receipts: $232,072

Assets and Liabilities:

  • Total Assets: $236,440
  • Total Liabilities: $1,958
  • Net Assets: $234,482

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Programs

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

PROGRAM INCOME - OTHER

Revenue

$1,750

PROGRAM SERVICE FEES

Revenue

$1,411

Organization Details

Principal Officer

William G Talley

Main Address

PO BOX 872, GRAHAM, NC, 27253

NTEE Category

Code: B11 - Education

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