Keystone Paralyzed Veterans of America Inc

EIN: 251291634 501(c)(3)

Pittsburgh, PA

Total Revenue
$418,502
Total Expenses
$422,280
Total Assets
$2,337,381
Net Assets
$2,304,513
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Financial Trends

Organization Details

Formation Year
1961
Legal Domicile
PA
Principal Officer
William Jakovac
Phone
4127812474
Tax Period
2024-10-01 to 2025-09-30

Keystone Paralyzed Veterans of America Inc, founded in 1961, is a small nonprofit that reported $419K in total revenue in fiscal year 2024. Net assets of $2.3M represent 66 months of operating reserves.

Mission

To promote the health and welfare of spinal cord dysfunctional veterans through programs; legislative, advocacy, research and sports and recreation. All mission elements are designed to reinforce one another. For example, members who wish to have the chapter underwrite expenses for recreational activities must attend at least half othe the membership meetings, at which members can learn the latest information to help them in their health, or to air concerns that the chapter or others can help them with.

Program Service Accomplishments

Program 1
Expenses: $150,684 Revenue: $3,449

Membership & Benefits: Keystone PVA uses staff and volunteers to 1. Inform members of veteran benefits, recreation opportunities, rehabilitation opportunities, and ways to get involved in a broad...

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Membership & Benefits: Keystone PVA uses staff and volunteers to 1. Inform members of veteran benefits, recreation opportunities, rehabilitation opportunities, and ways to get involved in a broad range of social activities. 2. Maintain strong liaisons with VA caregivers and facilities on behalf of the members.

Program 2
Expenses: $163,240 Revenue: $7,218

Public Affairs: Keystone PVA uses staff and volunteers to 1. Organize or facilitate participation in recreactional events that include hunting, fishing, bowling, track and field, archery, air rifle...

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Public Affairs: Keystone PVA uses staff and volunteers to 1. Organize or facilitate participation in recreactional events that include hunting, fishing, bowling, track and field, archery, air rifle training and competition, quad rugby, nine ball and weightlifting. 2. Organize or facilitate attendance at special events with social interaction such as the Chapters annual banquet, Veterans Day parade, and contact with public officials. 3. Advocacy for the rights and care of patients with spinal cord dysfunction, for mobility, accessibility, and other rights covered by the Americans with Disabilities Act. Keystone, a chapter of Paralyzed Veterans of America, produces monthly reports from its representatives who visit patients and clinics in five VA hospitals, which help shape the National PVAs relationship with the VA on behalf of paralyzed veterans. This input helps shape the Independent Budget (IB), an annual document produced by PVA, the Veterans of Foreign Wars, and Disabled American Veterans. The IB is our recommendation for the VAs annual health care budget; the majority of the IBs authors are from PVA.

Program 3
Expenses: $10,192 Revenue: $0

Research: Keystone PVA contributes funds to the Yale University Neuroscience & Regeneration Research Center to encourage their work, especially for spinal cord related pain research and mitigation...

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Research: Keystone PVA contributes funds to the Yale University Neuroscience & Regeneration Research Center to encourage their work, especially for spinal cord related pain research and mitigation. Keystone PVA also contibutes to the work of the Human Engineering Research Laboratories, a joint project of the Department of Veterans Affairs and the University of Pittsburgh, in funds, consultation, and participation in research projects. The chapter provides support to other research and development projects that affect the health and mobility of paralyzed people in consultations with the researchers and the dissemination of information about the programs to members, which may include those members becoming involved in the research itself.

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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 $205,659
Program Service Revenue $3,374
Investment Income $99,529
Other Revenue $109,940
TOTAL REVENUE $418,502

Expense Breakdown

Grants Paid $0
Salaries & Benefits $212,262
Fundraising Expenses $12,850
Program Expenses $324,116
Other Expenses $210,018
TOTAL EXPENSES $422,280

Year-over-Year Comparison

2024 2023 Change
Revenue $418,502 $433,465 0.0%
Expenses $422,280 $343,196 +0.2%
Net Income $-3,778 $90,269 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
4
Volunteers
32

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
5
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mark Rosensteel President 15.00
Officer
$0 $0 $0
Sean Ferry Vice President 8.00
Officer
$0 $0 $0
Dane Smith Secretary 1.00
Officer
$0 $0 $0
William Jakovac Treasurer 8.00
Officer
$0 $0 $0
William Lightner Director 3.00
Officer
$0 $0 $0
Christopher Fidler Director 4.00
Director
$0 $0 $0
Joseph Dunn Director 4.00
Director
$0 $0 $0
Peter K Townsend Jr Director 6.00
Director
$0 $0 $0
Tom Strang Director 3.00
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 $418,502 $422,280 $2,337,381 $-3,778
2024 $433,465 $343,196 $2,292,072 $90,269
2023 $434,397 $265,975 $2,001,737 $168,422
2022 $654,889 $563,736 $1,781,510 $91,153
2021 $2,021,703 $1,896,138 $1,929,184 $125,565
2020 $1,754,490 $1,619,344 $1,665,670 $135,146
2019 $1,848,400 $1,763,423 $1,555,899 $84,977
2018 $1,610,313 $1,632,972 $1,473,593 $-22,659
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