Overview
What is The Usa Veteran And Military Support Foundation Inc?
The U.S.A. Veteran and Military Support Foundation Inc., based in Buzzards Bay, Massachusetts, is a nonprofit organization dedicated to enhancing the well-being of military personnel and their families. By funding various programs and activities, it aims to provide support and make distributions to qualifying exempt organizations under Section 501(c)(3) of the Internal Revenue Code. The organization's mission is to contribute to the welfare of the military community, offering essential resources and aid to those who serve and their families. With a team of 43 dedicated individuals, the U.S.A. Veteran and Military Support Foundation Inc. plays a vital role in supporting the military community in various ways.
What are the reviews and ratings of this charity?
**Rating from Charity Navigator: 2 Stars (Needs Improvement)**
The USA Veteran and Military Support Foundation has received a Two-Star out of Four Star rating from Charity Navigator, reflecting a score of 73% based solely on its Accountability & Finance metrics. This rating indicates that while the organization demonstrates some financial health and governance practices, it also has significant areas needing improvement, particularly in transparency and policy adherence.
Key strengths include a fully independent board and an impressive program expense ratio of nearly 100%, suggesting that the majority of funds are directed toward its mission. However, the foundation lacks essential policy disclosures, such as a conflict of interest policy and a whistleblower policy, which contribute to the overall need for improvement in governance practices.
While user reviews from GreatNonprofits are not available, the current data from Charity Navigator suggests a cautious approach for potential donors, highlighting both the organization’s commitment to its cause and the necessary enhancements in accountability practices.
This AI summary has been generated from information found on Charity Navigator.
Is The Usa Veteran And Military Support Foundation Inc legitimate?
The Usa Veteran And Military Support Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Usa Veteran And Military Support Foundation 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: $157,257
For more financial information, click here
What is the mission statement of The Usa Veteran And Military Support Foundation Inc?
The U.S. Veteran and Military Support Foundation Inc's mission is centered around funding programs and activities that enhance the well-being of the military community and their families. They aim to make distributions to organizations that fall under the 501(c)(3) category of the Internal Revenue Code, which exempts them from federal income tax. Their primary objective is to support organizations that share their commitment to improving the lives of military personnel and their families. The foundation's activities are geared towards addressing various needs within the military community, thereby contributing to their overall welfare.
Who is the CEO of The Usa Veteran And Military Support Foundation Inc?
Donald Cox is the Secretary of The Usa Veteran And Military Support Foundation Inc.
What is the revenue of The Usa Veteran And Military Support Foundation Inc?
The Usa Veteran And Military Support Foundation Inc's revenue in 2021 was $7,423,561.
Who are the executives of The Usa Veteran And Military Support Foundation Inc and what are their salaries?
The average compensation at The Usa Veteran And Military Support Foundation Inc during 2021 was $3,657. There are 43 employees at The Usa Veteran And Military Support Foundation Inc.
Here are 11 key members and their salaries:
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Where can I find the form 990 for The Usa Veteran And Military Support Foundation Inc?
The Usa Veteran And Military Support Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of The Usa Veteran And Military Support Foundation Inc
The USA Veteran and Military Support Foundation Inc is committed to supporting the well-being of the military community and their families. Their mission, as stated in 501(c)(3) of the Internal Revenue Code, involves funding programs and activities that benefit this demographic. The organization aims to make distributions to exempt organizations that share this mission, with the ultimate goal of enhancing the welfare of military families nationwide. By providing financial assistance to eligible organizations, the USA Veteran and Military Support Foundation Inc plays a critical role in uplifting the military community and ensuring they have the resources they need to thrive.
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Impact
July, 2024
The impact of The Usa Veteran And Military Support Foundation Inc is felt directly in the lives of military personnel and their families. The foundation funds programs and activities that are designed to benefit the welfare of the military community, providing support and resources to those who have served our country. Through their work, they make a tangible difference in the lives of those who have sacrificed so much for our nation's safety and security.
This information is meant to be a general summary of The Usa Veteran And Military Support Foundation 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 2021.
- Investment Income: $1
- Gross Receipts: $7,423,561
Assets and Liabilities:
- Total Assets: $1,068
- Total Liabilities: $0
- Net Assets: $1,068
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Organization Details
Founding Year
2019
Phone
(508) 367-1080Principal Officer
Donald Cox
Main Address
1015 SOUTH INNER ROAD, BUZZARDS BAY, MA, 02542
NTEE Category
Code: W30 - Public benefit
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