PERRY VETERANS MEMORIAL ASSOCIATION

EIN: 160717891 Public & Societal Benefit

PERRY, NY

Total Revenue
$531,912
Total Expenses
$360,603
Total Assets
$855,696
Net Assets
$697,433
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1944
Legal Domicile
NY
Principal Officer
JERIANN ABERTH
Phone
5852375299
Tax Period
2024-01-01 to 2024-12-31

PERRY VETERANS MEMORIAL ASSOCIATION, founded in 1944, is a small nonprofit in the Public & Societal Benefit sector that reported $532K in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $171K, a strong 32% operating margin.

Mission

TO PROVIDE A NETWORK AND MEETING PLACE OF VETERANS THROUGH WHICH THE MEMBERS MAY FIND SUPPORT, FRIENDSHIP, AND UNDERSTANDING. SEVERAL EVENTS ARE ORGANIZED EACH YEAR WITH THIS IN MIND.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $185,193
Program Service Revenue $19,622
Investment Income $3,677
Other Revenue $323,420
TOTAL REVENUE $531,912

Expense Breakdown

Grants Paid $0
Salaries & Benefits $140,768
Fundraising Expenses $0
Other Expenses $219,835
TOTAL EXPENSES $360,603

Year-over-Year Comparison

2024 2023 Change
Revenue $531,912 $376,592 +0.4%
Expenses $360,603 $220,778 +0.6%
Net Income $171,309 $155,814 +0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
11
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JERIANN ABERTH PRESIDENT N/A
Officer Director
$0 $0 $0
GROVER MILLER BOARD MEMBER N/A
$0 $0 $0
KATHERINE BZDUCH BOARD MEMBER N/A
$0 $0 $0
DENNIS HEWITT VICE PRESIDE N/A
Officer Director
$0 $0 $0
JACOB WEBER BOARD MEMBER N/A
$0 $0 $0
ANDRAE SPORLEDER BOARD MEMBER N/A
Director
$0 $0 $0
DAVE GOODELL BOARD MEMBER N/A
Director
$0 $0 $0
JOHN MALONEY BOARD MEMBER N/A
$0 $0 $0
CHARLES MEYERS BOARD MEMBER N/A
Director
$0 $0 $0
CORY WERNER BOARD MEMBER N/A
Director
$0 $0 $0
MICHAEL WHITE BOARD MEMBER N/A
Director
$0 $0 $0
CHUCK AESCH BOARD MEMBER N/A
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $531,912 $360,603 $855,696 $171,309
2023 $376,592 $220,778 $710,054 $155,814
2022 $272,823 $175,699 $379,133 $97,124
2021 $222,598 $175,863 $300,735 $46,735
2020 $154,990 $164,556 $256,929 $-9,566
2019 $212,890 $248,807 $254,019 $-35,917
2018 $270,124 $225,685 $278,792 $44,439
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