Amvets Post 50 INC: FY2024 Nonprofit Profile & Form 990 (EIN 02-0604966)

Revenue by fiscal year
FY2020	$205K
FY2021	$402K
FY2022	$285K
FY2023	$354K
FY2024	$406K
FY2025	$396K

Expenses by fiscal year
FY2020	$212K
FY2021	$281K
FY2022	$299K
FY2023	$304K
FY2024	$368K
FY2025	$390K

Net assets by fiscal year
FY2020	$314K
FY2021	$435K
FY2022	$421K
FY2023	$470K
FY2024	$509K
FY2025	$515K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1945.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

100%

Program services 100% · $368K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation

Rick Preston

1st Vice

$0Pt VII · Sec A

Mike Madigan

Commander

$0Pt VII · Sec A

Edward Beardsley

Finance Officer

$0Pt VII · Sec A

Adam Yurchisin

Adjutant

$0Pt VII · Sec A

Gary Hale

2nd Vice

$0Pt VII · Sec A

See Amvets Post 50 INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers recreational facilities for members, veterans, and their families to enjoy.

Questions for Amvets Post 50 INC

Tap to ask. Amvets Post 50 INC sees how many people are interested.

Your first name shows with your question. Amvets Post 50 INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $368K · in their own filed words · FY2024

01

Provide facilities for pleasure of members, veterans, and their families

$368Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking

Grants paid · 1 grant · $8K · 2024–2024

Unitemized GrantFY2024$8,200

By the numbers

The FY2024 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$406K

Ln 12

Other incomeLn 4–11$406K

Investment incomeLn 3$15

Money outPt IX

$368K

Ln 25

Programscol B$368K

Owns and owesPt X

$509K

net assets · Ln 32

Cash and savingsLn 1–2$227K

Total assetsLn 16$515K

LiabilitiesLn 26$6K

PeoplePt VI, VII

5

listed · VII A

PaidVII A0

Voting boardVI 1a275

IndependentVI 1b275

2In more detail

Revenue in detailPt VIII

Investment incomeLn 3$15

Other incomeLn 4–11$406K

Total revenueLn 12$406K

Assets in detailPt X, end of year

CashLn 1$227K

Cash and savings togetherLn 1–2$227K

Land, buildings, equipmentLn 10c$277K

Total assetsLn 16$515K

LiabilitiesLn 26$6K

Net assetsLn 32$509K

OperationsPt I, VI

EmployeesI 520

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aNo

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY24	End FY24
Cash and savingsLn 1–2	$172K	$227K
Land, buildings, equipmentLn 10c	$299K	$277K
Total assetsLn 16	$479K	$515K
LiabilitiesLn 26	$9K	$6K
Net assetsLn 32	$470K	$509K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic individualsLn 2	$8K	$8K
Benefits paid to or for membersLn 4	$43K	$43K
Other salaries and wagesLn 7	$133K	$133K
Payroll taxesLn 10	$13K	$13K
Management feesLn 11a	$6K	$6K
Accounting feesLn 11c	$8K	$8K
Advertising and promotionLn 12	$2K	$2K
Office expensesLn 13	$15K	$15K
Information technologyLn 14	$14K	$14K
OccupancyLn 16	$63K	$63K
TravelLn 17	$5K	$5K
InterestLn 20	$146	$146
Payments to affiliatesLn 21	$10K	$10K
Depreciation, depletion and amortizationLn 22	$21K	$21K
InsuranceLn 23	$14K	$14K
Other expenses (24a–d)Ln 24	$13K	$13K
Total functional expensesLn 25	$368K	$368K	$0	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest	$396K	$390K	$6K	$515K	990 PDF
FY2024 Viewing	$406K	$368K	$38K	$509K	990 PDF
FY2023	$354K	$304K	$50K	$470K	990 PDF
FY2022	$285K	$299K	−$14K	$421K	990 PDF
FY2021	$402K	$281K	$121K	$435K	990 PDF
FY2020	$205K	$212K	−$7K	$314K	990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations

See the full FY2024 990 (6 parts)

Part I · Summary $406,275 revenue, 12 lines filed

I-8 Contributions and grants$0

I-9 Program service revenue$0

I-10 Investment incomePrior year $18$15

I-11 Other revenuePrior year $354,065$406,260

I-12 Total revenuePrior year $354,083$406,275

I-13 Grants and similar amounts paidPrior year $31,420$8,200

I-14 Benefits paid to membersPrior year $3,026$42,720

I-15 Salaries and benefitsPrior year $144,133$146,072

I-16a Professional fundraising fees$0

I-17 Other expensesPrior year $125,786$170,974

I-18 Total expensesPrior year $304,365$367,966

I-19 Revenue less expensesPrior year $49,718$38,309

Part VI · Governance 275 of 275 board members independent, 4 to look at

VI-1a Voting members of the governing body275

VI-1b Independent voting members275

VI-12a Written conflict of interest policyNo

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

Part VIII · Statement of revenue $406,275 across 4 lines filed

Lines not itemized here account for $400,023 of total revenue; see the IRS return.

VIII-3 Investment incomeRelated to mission $15$15

VIII-8 Net income from fundraising events$0

VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $6,237$6,237

VIII-12 Total revenueRelated to mission $406,275 · Unrelated business $0 · Excluded from tax $0$406,275

Part IX · Statement of functional expenses $367,966 across 16 lines filed

IX-2 Grants to domestic individualsPrograms $8,200$8,200

IX-4 Benefits paid to or for membersPrograms $42,720$42,720

IX-7 Other salaries and wagesPrograms $133,415$133,415

IX-10 Payroll taxesPrograms $12,657$12,657

IX-11a Management feesPrograms $5,500$5,500

IX-11c Accounting feesPrograms $7,830$7,830

IX-12 Advertising and promotionPrograms $2,072$2,072

IX-13 Office expensesPrograms $15,201$15,201

IX-14 Information technologyPrograms $14,174$14,174

IX-16 OccupancyPrograms $62,912$62,912

IX-17 TravelPrograms $4,618$4,618

IX-20 InterestPrograms $146$146

IX-21 Payments to affiliatesPrograms $10,275$10,275

IX-22 Depreciation, depletion and amortizationPrograms $21,485$21,485

IX-23 InsurancePrograms $13,918$13,918

IX-24 Other expenses (24a–d)Programs $12,843$12,843

IX-25 Total functional expensesPrograms $367,966 · Management $0 · Fundraising $0$367,966

Part X · Balance sheet $514,922 assets, 10 lines filed

X-1 Cash, non-interest-bearingStart of year $172,269$226,539

X-8 Inventories for sale or useStart of year $8,340$10,980

X-10c Land, buildings and equipment, netStart of year $298,888$277,403

X-16 Total assetsStart of year $479,497$514,922

X-17 Accounts payable and accrued expensesStart of year $4,448$1,092

X-25 Other liabilitiesStart of year $4,585$5,057

X-26 Total liabilitiesStart of year $9,033$6,149

X-27 Net assets without donor restrictionsStart of year $470,464$508,773

X-32 Total net assets or fund balancesStart of year $470,464$508,773

X-33 Total liabilities and net assetsStart of year $479,497$514,922

Part XI · Reconciliation of net assets $508,773 net assets at year end

XI-1 Total revenue$406,275

XI-2 Total expenses$367,966

XI-3 Revenue less expenses$38,309

XI-4 Net assets at start of year$470,464

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$508,773

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

Amvets Post 50 INC FY2024 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Amvets Post 50 INC

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV