Korean War Vet Assoc Ch 169 of Lake Co
Nonprofit profile at a glance
- EIN
- 593523950
- IRS 990-EZ coverage
- 2020–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2018
- Location
- The Villages, FL, USA
- Phone
- 3523503239
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Military, Veterans' Organizations
Reported finances
- Revenue
- $10,953
- Expenses
- $8,983
- Assets
- $10,935
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- William McLaughlin (President)
- Charles Andrean (Vice President)
People named in this filing
- William McLaughlin (President)
- Charles Andrean (Vice President)
- Jack Cenkus (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the Korean War Veterans Association (KWVA) Chapter 169, based in The Villages, Florida, is Centered on four core objectives as outlined on the official website: Veterans Welfare: to maintain a continuing interest in the welfare and rehabilitation of the Korean War and Korea Defense veterans and their families. Veteran Assistance: to establish facilities that assist veterans with claims before the Department of Veterans Affairs and other organizations. provided at no charge. Preserving Comradeship: To perpetuate and Preserve the friendships born on the field of battle and through service to the United States. Honoring the Fallen: To honor the memory of those who gave their lives through living memorials and educational facilities. As one of the largest chapter in the country , Chapter 169 also maintains a strong focus on community outreach through education of students and the public about the Korean War and awards annual scholarships to local students.
What it reported doing in 2025
Raise funds for members of the Korean rar and giving scholarships to teach about the Korean War
Operating model
- Revenue model
- Other-operating. 100% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 82
- Sustainability: 63
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 57.1%; rating input score 57
- Program expense ratio: 69.6%; rating input score 70
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 18%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 1.22; rating input score 53; 53rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 5.1% per year; rating input score 100; 70th percentile among comparable filings
- Asset growth: 8.6% per year; rating input score 100; 67th percentile among comparable filings
Details
- Where the money goes: 57.1% of revenue deployed · 69.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $6K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Filing history: 6 filing years from 2020 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 57/100.
- Review — Sustainability: Total-asset coverage ratio scored 53/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.