Volunteers for Hospitalized Veterans Inc

Nonprofit profile at a glance

EIN
841348127
IRS 990-EZ coverage
2017–2025
Forms available
Form 990-EZ 2025, Form 990-N 2022
Location
Aurora, CO, USA
Phone
3035892009
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Nonmonetary Support N.E.C.

Official website

Reported finances

Revenue
$69,547
Expenses
$76,134
Assets
$54,470

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

8 people listed

People named in this filing

  • Gregory Nicholas Arceo (Chairman)
  • Kerrie Olsen (Secretary and Treasurer)
  • Debby Krueger (Co Vice Chairman)

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

Volunteers for Hospitalized Veterans, Inc.'s mission is to serve Colorado veterans, specifically through the Rocky Mountain Regional VA Health Care System, to provide for their financial needs and well being. In additional we will support veterans through programs designed to serve the homeless veteran population.

What it reported doing in 2025

The main focus of the organization is to provide time-critical support for living expenses to veterans and veteran families enrolled in the HUD-Veterans Affairs Supportive Housing program. Social workers assisting veterans in the program seek assistance through the VA's Center for the Development of Civic Engagement department, and that department connects Volunteers for Hospitalized Veterans, Inc. to assist veterans. Rental assistance accounted for 75% of the funds in the program in 2025. Approximately 120 persons were served, and 25% of recipients were spared from eviction proceedings.

Operating model

Revenue model
Other-operating. 77% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 82
  • Sustainability: 32
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 95.1%; rating input score 95

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -9.5%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 0.72; rating input score 39; 39th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 11.3% per year; rating input score 100; 72nd percentile among comparable filings
  • Revenue growth: 11.1% per year; rating input score 100; 82nd percentile among comparable filings
  • Asset growth: 7.7% per year; rating input score 100; 64th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 95.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $72K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2017 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.

  • High — Sustainability: Operating margin scored 29/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.