Veterans Multi-Service Center Inc

EIN: 232764079 501(c)(3) Public & Societal Benefit

Philadelphia, PA

Total Revenue
$19,980,031
Total Expenses
$19,871,961
Total Assets
$8,262,556
Net Assets
$4,596,817
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
PA
Principal Officer
JOE BROOKS
Phone
2159232600
Tax Period
2024-07-01 to 2025-06-30

Veterans Multi-Service Center Inc, founded in 1995, is a mid-sized nonprofit in the Public & Societal Benefit sector that reported $20.0M in total revenue in fiscal year 2024.

Mission

TO ADVANCE THE CAUSE OF VETERANS BY PROVIDING SERVICES, INNOVATIVE PROGRAM OPPORTUNITIES AND ADVANCEMENT FOR VETERANS OF THE U.S. MILITARY AND THEIR FAMILIES

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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 $19,617,873
Program Service Revenue $0
Investment Income $163,277
Other Revenue $198,881
TOTAL REVENUE $19,980,031

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,374,618
Fundraising Expenses $806,482
Program Expenses $17,755,889
Other Expenses $11,497,343
TOTAL EXPENSES $19,871,961

Year-over-Year Comparison

2024 2023 Change
Revenue $19,980,031 $18,997,336 +0.1%
Expenses $19,871,961 $18,394,587 +0.1%
Net Income $108,070 $602,749 -0.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
141
Volunteers
300

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
6
$394,453
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOE BROOKS EXECUTIVE DIRECTOR 40.0
Officer
$255,937 $20,356 $276,293
RYAN THERESE MCGOLDRICK DEP. ED OF MISSION 40.0
Highest
$136,512 $36,137 $172,649
HARRY LINCOLN STREHLE DEP. ED OF OPERATIONS 40.0
Officer
$113,601 $4,559 $118,160
STEVE RAMSEY PRESIDENT 1.0
Officer Director
$0 $0 $0
JIM DAVIS VICE-PRESIDENT 1.0
Officer Director
$0 $0 $0
MARIE NAHIKIAN BOARD MEMBER 1.0
Director
$0 $0 $0
JONATHAN SAIDEL BOARD MEMBER 1.0
Director
$0 $0 $0
CHERIE ARABIA BOARD MEMBER 1.0
Director
$0 $0 $0
MACHERIE DUNBAR BOARD MEMBER 1.0
Director
$0 $0 $0
JOE LACAGNINA BOARD MEMBER 1.0
Director
$0 $0 $0
SUSAN KRETSGE SECRETARY 1.0
Officer Director
$0 $0 $0
RODNEY LITTLE BOARD MEMBER 1.0
Director
$0 $0 $0
STEVE PHILLABAUM TREASURUER 1.0
Officer Director
$0 $0 $0
NICOLE REIGELMAN BOARD MEMBER 1.0
Director
$0 $0 $0
JOHN YACKEL BOARD MEMBER 1.0
Director
$0 $0 $0
ED YOST BOARD MEMBER 1.0
Director
$0 $0 $0
Hazel Diaz Board Member 1.0
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
2025 $19,980,031 $19,871,961 $8,262,556 $108,070
2024 $18,997,336 $18,394,587 $7,064,395 $602,749
2023 $18,243,407 $17,841,432 $6,467,327 $401,975
2022 $14,923,218 $14,819,674 $4,990,474 $103,544
2021 $18,429,579 $17,659,592 $5,221,188 $769,987
2020 $12,544,657 $12,738,858 $4,949,163 $-194,201
2019 $10,645,848 $10,725,761 $4,004,981 $-79,913
2018 $10,253,488 $10,244,582 $3,577,200 $8,906
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