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Veterans Inc

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

EIN: 043098024 ✦ Worcester, MA ✦ Designated as a 501(c)(3)

Overview

What is Veterans Inc?

Veterans Inc, based in Worcester, Massachusetts, is a leading nonprofit organization dedicated to serving veterans in the community. They provide outpatient services and offer training, therapeutic group sessions, individual counseling, benefits counseling and advocacy, employment support, and various other forms of assistance. Their mission is to honor veterans for their service to the nation and in return, they offer essential programs and resources to help veterans improve their mental health and residential stability, increase their skill level or income, and achieve greater self-determination. Veterans Inc is the largest one-stop veterans housing, outreach, and supportive services program in New England, with a team of 248 employees committed to making a difference in veterans' lives.


Official website here: www.veteransinc.org

Is Veterans Inc legitimate?

Veterans Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Veterans 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.

Here are some key statistics you may want to consider:

Executive Compensation: $699,787
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,992,950

For more financial information, click here


Official website here: www.veteransinc.org

What is the mission statement of Veterans Inc?

Veterans Inc is a non-profit organization dedicated to providing a range of services to veterans, service members, and their families. Their mission is grounded in the belief that veterans deserve respect and gratitude from the nation, and in return, Veterans Inc strives to offer the necessary support. They are the largest one-stop veterans housing, outreach, and supportive services program in New England. The outreach and supportive services program focuses on veterans in the community on an outpatient basis. They offer training, therapeutic group sessions, individual counseling, benefits counseling and advocacy, employment support, and other assistance such as food and clothing. The primary goals of the program are to help clients enhance their mental health status and residential stability, increase their skill level or income, and promote greater self-determination. Support services for veteran families focus on housing stabilization and may include temporary financial assistance to help low-income families obtain or maintain housing.


Official website here: www.veteransinc.org

Who is the CEO of Veterans Inc?

Vincent Perrone is the President & Ceo of Veterans Inc. The CEO's salary of Veterans Inc is $209,460 and their total compensation is $237,018.


Official website here: www.veteransinc.org

What is the revenue of Veterans Inc?

Veterans Inc's revenue in 2022 was $21,842,562.


Official website here: www.veteransinc.org

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

The average compensation at Veterans Inc during 2022 was $35,051. There are 248 employees and 60 volunteers at Veterans Inc.

Here are 11 key members and their salaries (Veterans Inc's CEO's salary is $209,460 and their total compensation is $237,018):

    Vincent Perrone (President & Ceo) [Trustee/Director]
  • Compensation: $209,460
  • Related: $0
  • Other: $27,558

    • Allison Alaimo (Vp Fin. Dev. & Admin)
  • Compensation: $173,250
  • Related: $0
  • Other: $45,942

    • Denis M Leary (Vp & Exec. Director)
  • Compensation: $198,550
  • Related: $0
  • Other: $20,000

    • Amanda Herron (Senior Director Of Admin)
  • Compensation: $112,852
  • Related: $0
  • Other: $9,500

    • George Bourisk (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roland Bercume (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick Murphy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Rugo Focht (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Victoria Vitucci (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ralph D Sabatino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edward D Burkart Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.veteransinc.org

    Where can I find the form 990 for Veterans Inc?

    The Veterans Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.veteransinc.org

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

    Mission Statement of Veterans Inc

    Veterans Inc, a renowned non-profit organization, is committed to honoring the sacrifice and dedication of veterans and their families. guided by the belief that those who have served our nation deserve respect and gratitude. They strive to provide a comprehensive range of programs and services to veterans, active-duty military personnel, and their families, making them the largest veterans housing, outreach, and supportive services program in New England.

    Their outreach and supportive services program operates on an outpatient basis, addressing the unique needs of veterans in the community. The program offers various resources, including training, therapeutic group sessions, individual counseling, benefits counseling and advocacy, employment support, and essential services like food and clothing. By removing barriers that prevent individuals from accessing critical services, Veterans Inc aims to improve the mental health status and residential stability of their clients. Their primary goals are to enable clients to increase their skill level or income and achieve greater self-determination.

    Furthermore, the nonprofit organization extends its support to veterans' families. They focus on housing stabilization and may provide temporary financial assistance to help low-income families obtain or maintain housing. By addressing the various challenges that veterans and their families face, Veterans Inc strives to empower them, promote self-sufficiency, and ultimately, enhance their quality of life.

    Impact

    This information is meant to be a general summary of Veterans Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Veterans Inc's impact is profound in supporting veterans and their families by providing a wide array of programs and services. These include outreach, training, counseling, benefits advocacy, employment support, and assistance with basic needs such as food and clothing. By focusing on removing barriers to critical services, Veterans Inc aims to improve the mental health, stability, skills, and self-determination of its clients. Additionally, their support services for veteran families concentrate on housing stabilization and may offer temporary financial assistance. As the largest one-stop veterans housing, outreach, and supportive services program in New England, Veterans Inc plays a significant role in enhancing the well-being and livelihoods of those who have served our nation.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $627
  • Program Service Revenue: $5,835,109
  • Gross Receipts: $21,871,539

    • Assets and Liabilities:
  • Total Assets: $23,448,065
  • Total Liabilities: $6,182,302
  • Net Assets: $17,265,763
  • Programs

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

    INPATIENT CLINIC

    Revenue

    $5,741,416

    CLIENT SERVICES

    Revenue

    $93,693

    Organization Details

    Founding Year

    1990

    Principal Officer

    Vincent Perrone

    Main Address

    69 GROVE STREET, WORCESTER, MA, 01605

    NTEE Category

    Code: S20Z - Community improvement

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