THE VETERANS EXECUTIVE CORPORATION TO ORGANIZE REHABILITATIVE SERVICES

EIN: 680331717 501(c)(3) Human Services

CHICO, CA

Total Revenue
$306,543
Total Expenses
$322,672
Total Assets
$784,558
Net Assets
$-662,452
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
CA
Principal Officer
LARRY LANGWELL
Phone
5303433040
Tax Period
2024-01-01 to 2024-12-31

THE VETERANS EXECUTIVE CORPORATION TO ORGANIZE REHABILITATIVE SERVICES, founded in 1994, is a small nonprofit in the Human Services sector that reported $307K in total revenue in fiscal year 2024. Revenue surged 155% from the prior year, signaling strong growth momentum.

Mission

VECTORS PROVIDES A HOLISTIC TRANSITIONAL HOUSING APPROACH TO FOSTER THE GROWTH OF HOMELESS VETERANS TO BECOME SELF RELIANT INDIVIDUALS.

Program Service Accomplishments

Program 1
Expenses: $321,472 Revenue: $54,460

OUR ORGANIZATION PROVIDES SHELTER WITH FURNISHINGS AND UTILITIES, FOOD, AND CASE MANAGEMENT TO UP TO 15 HOMELESS VETERANS IN OUR COMMUNITY. OUR SERVICES INCLUDE REFERRALS TO HEALTH CARE, MENTAL...

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OUR ORGANIZATION PROVIDES SHELTER WITH FURNISHINGS AND UTILITIES, FOOD, AND CASE MANAGEMENT TO UP TO 15 HOMELESS VETERANS IN OUR COMMUNITY. OUR SERVICES INCLUDE REFERRALS TO HEALTH CARE, MENTAL HEALTH COUNSELING, AND ADJUSTMENT COUNSELING. WE HAVE COMMUNITY MENTORS THAT PROVIDE FINANCIAL COUNSELING, DIETETIC AND FITNESS AWARENESS, AND OTHER SOCIAL WELFARE ASSISTANCE. WE ARE A TRANSITIONAL LIVING FACILITY FOR LOW-INCOME HOMELESS VETERAN THAT HAVE AN 85% SUCCESS RATE OF MOVING INTO INDEPENDENT LIVING SITUATIONS, OFTEN WITH COLLABORATION OF HUD-VASH SERVICES.

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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 $252,082
Program Service Revenue $54,460
Investment Income $1
Other Revenue $0
TOTAL REVENUE $306,543

Expense Breakdown

Grants Paid $7,000
Salaries & Benefits $28,000
Fundraising Expenses $0
Program Expenses $321,472
Other Expenses $287,672
TOTAL EXPENSES $322,672

Year-over-Year Comparison

2024 2023 Change
Revenue $306,543 $120,201 +1.6%
Expenses $322,672 $140,469 +1.3%
Net Income $-16,129 $-20,268 -0.2%
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
7
Independent Members
7
Employees
N/A
Volunteers
500

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
$28,000
Total Directors
8
$28,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TONY SHAFER EXECUTIVE DI 25.00
Officer Director
$28,000 $0 $28,000
LARRY LANGWELL PRESIDENT 5.00
Officer Director
$0 $0 $0
ROBERT ZEPEDA VICE PRESIDE 5.00
Officer Director
$0 $0 $0
ROGER LEWIS SECRETARY 10.00
Officer Director
$0 $0 $0
REX MILLER TREASURER 10.00
Officer Director
$0 $0 $0
TONY GOYEN BOARD MEMBER 5.00
Director
$0 $0 $0
KIM BUCKMASTER BOARD MEMBER 5.00
Director
$0 $0 $0
RICHARD EVENSON BOARD MEMBER 10.00
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
2024 $306,543 $322,672 $784,558 $-16,129
2023 $120,201 $140,469 $776,647 $-20,268
2022 $88,830 $104,758 $772,514 $-15,928
2021 $65,656 $96,646 $763,693 $-30,990
2020 $76,448 $101,732 $769,595 $-25,284
2019 $62,571 $111,710 $769,463 $-49,139
2018 $78,931 $85,489 $792,867 $-6,558
2017 $44,380 $83,227 $773,380 $-38,847
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