Veterans INC.'s mission is to end homelessness among Veterans by helping Veterans regain control of their lives. We believe that all Veterans have earned respect and gratitude from our nation. This belief is translated into the philosophy that underlies all of our work. "they were there when we needed them. We must be there now that they need US." at Veterans INC. We aim to remain a leading provider of services for Veterans and their families by providing the highest quality services.

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
$1.1M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $2.9M a year · 13% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.1M
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
4 mo
of spending, in cash
Looks good: 4.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $65K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$5.4M
30% of total assets
Looks good: liabilities are 30% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 9 voting members
Looks good: 7 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$18.4M
+46% vs prior year
Spent
$16.0M
To programs
94%
Net assets
$12.8M
By yearFY2020–FY2025
Revenue
$18.4M
FY2021▲ +46%
Tap a bar for its year
Revenue by fiscal year
FY2020$12.7M
FY2021$18.4M
FY2022$21.8M
FY2023$23.5M
FY2024$26.2M
FY2025$29.9M
Expenses
$16.0M
FY2021▲ +37%
Tap a bar for its year
Expenses by fiscal year
FY2020$11.7M
FY2021$16.0M
FY2022$17.4M
FY2023$21.1M
FY2024$23.5M
FY2025$25.4M
Net assets
$12.8M
FY2021▲ +23%
Tap a bar for its year
Net assets by fiscal year
FY2020$10.4M
FY2021$12.8M
FY2022$17.3M
FY2023$19.9M
FY2024$22.6M
FY2025$27.1M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1991.

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

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $15.1M Management & general 5% · $778K Fundraising 1% · $185K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

20 people listed on the 990; $1.1M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
President & CEO
$206,477Pt VII · Sec A
President & CEO
$206,477Pt VII · Sec A
VP & Exec. Director
$183,362Pt VII · Sec A
VP & Exec. Director
$183,362Pt VII · Sec A
VP Fin. Dev. & Admin
$154,779Pt VII · Sec A
VP Fin. Dev. & Admin
$154,779Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Vincent Perrone JR’s $307K as President & CEO is at the 56th percentile of top reported officer pay among 572 $10–100M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Vincent Perrone JR$307,389$261,814————
Denis M Leary$265,762$244,864$256,697$198,550$183,362$172,144
Vincent Perrone——$262,150$209,460$206,477$209,174
Allison Alaimo$239,228$209,670$251,947$173,250$154,779$140,104
Amanda R Herron$184,487$153,479————
Amanda Herron——$153,906$112,852——
Charlene M Cutroni$121,820—————
Aj Mercier$106,718$102,000————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Veterans INC executive salaries →

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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 15aYes

Programs and updates

Helps veterans end homelessness and regain control of their lives.

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Provided by the organization

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4 programs · $23.7M · in their own filed words · FY2020
01

The outreach and supportive services program serves veterans in the community on an outpatient basis, and offers training, therapeutic group sessions, and individual counseling, benefits counseling and advocacy, employment support, and other support services such as food and clothing.

$9.4Mprogram expense
02

The outreach and supportive services program serves veterans in the community on an outpatient basis, and offers training, therapeutic group sessions, and individual counseling, benefits counseling and advocacy, employment support, and other support services such as food and clothing.

$8.0Mprogram expense
03

The health and wellness program provides physical, mental, and emotional care that helps veterans and non-veterans develop coping mechanisms and supports reintegration into their families and communities. Veterans inc.

$3.2Mprogram expense
04

The health and wellness program provides physical, mental, and emotional care that helps veterans and non-veterans develop coping mechanisms and supports reintegration into their families and communities. Veterans inc.

$3.1Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2025
See all 4 funders →
Grants paid · 68 grants · $15.2M · 2019–2024
Unitemized GrantFY2024$1,802,454
Unitemized GrantFY2024$334,107
Unitemized GrantFY2024$148,667
Unitemized GrantFY2024$146,703
Unitemized GrantFY2024$145,241
Unitemized GrantFY2024$124,427
Unitemized GrantFY2024$100,997
Unitemized GrantFY2024$69,667
Unitemized GrantFY2024$49,148
Unitemized GrantFY2024$25,746
Unitemized GrantFY2024$21,744
Unitemized GrantFY2023$1,473,909
Unitemized GrantFY2023$425,100
Unitemized GrantFY2023$180,237
Unitemized GrantFY2023$150,598
Unitemized GrantFY2023$138,056
Unitemized GrantFY2023$65,063
Unitemized GrantFY2023$60,807
See all 68 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$18.4M
Ln 12
Gifts and grantsLn 1h$14.5M
Fees for servicesLn 2g$3.6M
Other incomeLn 4–11$296K
Money outPt IX
$16.0M
Ln 25
Programscol B$15.1M
Managementcol C$778K
Fundraisingcol D$185K
Owns and owesPt X
$12.8M
net assets · Ln 32
Cash and savingsLn 1–2$5.9M
Total assetsLn 16$18.2M
LiabilitiesLn 26$5.4M
PeoplePt VI, VII
20
listed · VII A
PaidVII A6
Voting boardVI 1a9
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$14.5M
Government grantsLn 1e$12.3M
Fees for servicesLn 2g$3.6M
Investment incomeLn 3$9K
Other incomeLn 4–11$296K
Total revenueLn 12$18.4M
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$5.9M
Total assetsLn 16$18.2M
LiabilitiesLn 26$5.4M
Net assetsLn 32$12.8M
OperationsPt I, VI
EmployeesI 5329
VolunteersI 6959
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $29.9M$25.4M$4.5M$27.1M 990 PDF
FY2024 $26.2M$23.5M$2.7M$22.6M 990 PDF
FY2023 $23.5M$21.1M$2.4M$19.9M 990 PDF
FY2022 $21.8M$17.4M$4.5M$17.3M 990 PDF
FY2021 Viewing $18.4M$16.0M$2.4M$12.8M 990 PDF
FY2020 $12.7M$11.7M$944K$10.4M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons A · Public support J · Pay O · Explanations
See the full FY2021 990 (1 part)
Part VI · Governance 7 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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