United States Veterans Chamber of Commerce Inc

Nonprofit profile at a glance

EIN
821531530
IRS 990-EZ coverage
2020–2020
Forms available
Form 990 2019, Form 990-EZ 2020
Location
Forest Hills, NY, USA
Phone
7577460597
Rating
41
Verdict
MIXED
Rating confidence
Moderate
Sector
Centers to Support the Independence of Specific Populations

Reported finances

Revenue
$116,309
Expenses
$155,958
Assets
$0
Liabilities
$150,000

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • MICHAEL ZACCHEA (EXECUTIVE DIRECTOR)

People named in this filing

  • MICHAEL ZACCHEA (EXECUTIVE DIRECTOR)
  • ADRIAN GUGLIELMO (SENIOR VP)

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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Through a relationship with the u.s. Department of defense warrior care program, usvcc leverages corporate and nonprofit organizational strength to enhance, expand, and increase impact of all programs and services provided to wounded, ill, and injured service members, their families, and caregivers during recovery, transition, and reintegration into civilian life.

What it reported doing in 2020

Organize & conduct virtual career fair for veterans to connect with prospective employers

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 6
  • Transparency & Controls: 94
  • Sustainability: 5
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 6.4%; rating input score 6
  • Program expense ratio: 4.8%; rating input score 5

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 4th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -34.1%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 18%; rating input score 24; 24th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -32% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -34.4% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 6.4% of revenue deployed · 4.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $7K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 6/100.
  • High — Financial Efficiency: Program expense ratio scored 5/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 3/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Sustainability: Officer compensation ratio scored 24/100.