Veterans Assistance Commission of Boone County

Nonprofit profile at a glance

EIN
462763933
IRS 990 coverage
2014–2023
Forms available
Form 990 2023, Form 990-EZ 2013
Location
Belvidere, IL, USA
Phone
8155446464
Rating
45
Verdict
MIXED
Rating confidence
Moderate
Sector
Support N.E.C.

Official website

Reported finances

Revenue
$274,964
Expenses
$312,137
Assets
$365,910
Liabilities
$2,920

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • GREGORY W KELM (PRESIDENT)

People named in this filing

  • BERNADETTE BLAND (DIRECTOR)
  • JOHN GRZELAK (DIRECTOR)
  • GREGORY W KELM (PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The veterans assistance commission of boone county (vacbc) is a county governmental agency operated by and for u.s. Veterans. The vacbc is authorized to act as the central committee for veterans assistance in boone county under the Illinois military veterans assistance act (330 ilcs 45/1 et seq.) and is funded in accordance with the provisions of the Illinois counties code (55 ilcs 5/1-1001 et seq.). The veterans assistance program is an emergency and interim financial assistance program. All assistance provided is based on established standards of need as set forth by idhs (Illinois department of human services) or by the veterans assistance commission of boone county. An eligible veteran for vacbc assistance is a veteran whose last period of active military service was honorable and met the time in service requirement for the era in which the veteran served unless the veteran was discharged for a disability incurred in the line of duty (not as a result of the members own misconduct)

What it reported doing in 2023

The following vacbc assistance may be given upon qualification: vouchers to obtain food and/or personal items: amount received is depending on size of family. At least partial payments of utilities and fuel: utility payments will be made, providing the applicant qualifies in other respects. No deposits or past due bills will be paid to any utility company. (for possible exceptions see limited one-time assistance below). At least partial payment of rent/mortgage: this vacbc office does not pay security deposits, back rents or home finding fees. Rents shall not be paid to relatives unless it is a separate rental dwelling. (before this office can make any rental or mortgage payments, a copy of a lease or mortgage agreement is mandatory). Limited transportation: the vacbc has arranged transportation for boone county veterans to our local veterans medical clinic in rockford, il or to the nearest winnebago county veterans association va van pick-up point for transportation to the va medical facility in madison, wi. You must arrange this transportation through the vacbc office at (815-544-6464). In addition, if you need transportation to the va medical facility in madison, wi you must also contact the winnebago county veterans association va van coordinator at (815-964-6166). Limited one-time assistance: the vacbc may provide limited one-time assistance to veterans as needed. This is a discretionary funding allowed no more than one time per twelve month period per family. This funding is intended to assist a very needing veteran, dependents of a veteran, or surviving spouse of a veteran through an urgent, emergency, or near- emergency situation. The amount allotted is calculated as the minimum required to assist the recipient. This assistance will be allotted on an as-needed basis and is completely at the discretion of the superintendent and/or the commission. (no monies will be given directly to the recipient. All distributions will be via vouchers or paid directly to a billing agency).

Operating model

Revenue model
Grant-funded. 96% of the money available for current operations came from government grants.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. 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: 0
  • Transparency & Controls: 90
  • Accountability: 64
  • Sustainability: 37
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -13.5%; rating input score 20; 20th percentile among comparable filings
  • Total-asset coverage ratio: 1.17; rating input score 45; 45th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 49; 49th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 3% per year; rating input score 100; 44th percentile among comparable filings
  • Asset growth: 9.4% per year; rating input score 100; 63rd percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 6 of 6 board members independent · 1 of 7 filing controls reported
  • Programs: 4 filed program accomplishments
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 12 of 13 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 10 filing years from 2014 to 2023
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Accountability: Governance controls: 5 of 6 not reported.
  • Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 20/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 49/100.