Form 990 for tax year 2022
Filed by MARYLAND CENTER FOR VETERANS EDUCATION AND TRAINING INC.
Totals
- Total revenue
- $4,994,532
- Total expenses
- $3,861,281
- Contributions and grants received
- $3,987,070
- Grants paid
- $67,798
- Program service revenue
- $982,436
- Investment income
- $662
- Other revenue
- $24,364
- Total assets, end of year
- $3,680,872
- Total liabilities, end of year
- $832,081
- Net assets or fund balances, end of year
- $2,848,791
- Program services expenses (Part IX)
- $2,847,964
- Management and general expenses
- $927,908
- Fundraising expenses
- $85,409
- Program service expenses (Part III)
- $2,847,964
Program services were 73.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$31
-
1b · Membership dues
$0
-
1c · Fundraising events
$36,513
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$2,962,855
-
1f · All other contributions, gifts and grants
$987,671
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: Program Fees
total $982,436 · related or exempt $982,436 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $662 · related or exempt $662 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6a · Gross rents
real property $0 · personal property $0
-
6b · Less rental expenses
real property $0 · personal property $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
7a · Gross sales of assets other than inventory
securities $0 · other assets $0
-
7b · Less cost or other basis and sales expenses
securities $0 · other assets $0
-
7c · Gain or loss
securities $0 · other assets $0
-
7d · Net gain or loss
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
8a · Fundraising events: gross income
$36,513
-
8a · Fundraising events: contributions included on line 1c
$0
-
8b · Fundraising events: direct expenses
$36,513
-
8c · Net income from fundraising events
total $0 · unrelated business $0 · excluded $0
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11d · All other revenue
total $24,364 · related or exempt $24,364 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$24,364
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $67,798 · program services $67,798
-
3 · Grants to foreign organizations and individuals
total $0 · program services $0
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $435,252 · program services $435,252 · management and general $0
-
6 · Compensation of disqualified persons
total $0 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $1,705,328 · program services $1,121,319 · management and general $505,259 · fundraising $78,750
-
8 · Pension plan contributions
total $5,129 · management and general $5,129
-
9 · Other employee benefits
total $46,847 · management and general $46,847
-
10 · Payroll taxes
total $131,141 · program services $95,011 · management and general $32,721 · fundraising $3,409
-
11c · Fees: accounting
total $24,967 · management and general $24,967
-
11d · Fees: lobbying
total $0 · program services $0
-
11f · Fees: investment management
total $0 · program services $0
-
11g · Fees: other
total $11,187 · management and general $11,187
-
12 · Advertising and promotion
total $3,250 · program services $0 · fundraising $3,250
-
13 · Office expenses
total $137,949 · program services $108,882 · management and general $29,067
-
14 · Information technology
total $20,943 · program services $11,767 · management and general $9,176
-
15 · Royalties
total $0 · program services $0
-
16 · Occupancy
total $1,018,251 · program services $769,621 · management and general $248,630
-
17 · Travel
total $24,477 · program services $23,009 · management and general $1,468
-
18 · Travel or entertainment for public officials
total $0 · program services $0
-
19 · Conferences, conventions and meetings
total $4,026 · management and general $4,026
-
20 · Interest
total $9,431 · management and general $9,431
-
21 · Payments to affiliates
total $0 · program services $0
-
22 · Depreciation, depletion and amortization
total $116,641 · program services $116,641
-
23 · Insurance
total $98,664 · program services $98,664
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $907,044 · end of year $289,656
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $43,792
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $1,395,344
-
4 · Accounts receivable
beginning of year $0 · end of year $463,414
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $540 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $33,320 · end of year $71,079
-
10a · Land, buildings and equipment: cost or other basis
$5,387,894
-
10b · Land, buildings and equipment: accumulated depreciation
$3,970,307
-
10c · Land, buildings and equipment, net
beginning of year $1,507,540 · end of year $1,417,587
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
beginning of year $5,908 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $151,910 · end of year $132,610
-
18 · Grants payable
beginning of year $71,080 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $622 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $12,252 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $495,000 · end of year $223,893
-
24 · Unsecured notes and loans payable
beginning of year $7,948 · end of year $475,578
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $1,705,390 · end of year $2,848,791
-
28 · Net assets with donor restrictions
beginning of year $10,150 · end of year $0
Mission and programs · 2022
Mission
To provide extensive comprehensive services to eradicate homelessness among the military veteran community. MCVET participants work through recovery, work toward maintaining livable wages, and permanent housing solutions. The organization supports underserved sectors of the larger population to build community resilience.
Activities or mission (Part I)
The primary mission of the organization is to provide homeless veterans, and other veterans in need, with comprehensive services that will enable them to rejoin their communities as productive citizens. Through community partnerships and specialized programming, the Maryland Center for Veterans Education and Training offers supportive services to other sectors of the community; thus, promoting enhanced individual and community resilience.
-
MCVET has provided transitional and emergency housing programs since its inception, with a positive impact on more than 10,000 individuals. The housing program provides complex wraparound services, clothing, meals, transportation, and workforce training all within one facility. MCVET prides itself on the residential services and programs it houses.
Expenses $1,596,058 · Grants $1,349,440
-
MCVET provides community socialization through meaningful experiences, various mental health therapies, and transportation to and from all appointments throughout the year. We utilize a fleet of five vehicles to ensure clients have the ability to accomplish their goals and tasks.
Expenses $212,330
-
The workforce development program committed to provide 120 SNAP eligible participants with training services, new job skills, and remove barriers to employment through individualized case management and programming.
Expenses $1,039,576 · Grants $519,788
As filed on the 2022 return.
Listed in Part VII
-
Misty Bruce
Executive Director
- Total calculated
- $124,585
- From this org
- $124,585
- From related orgs
- $0
- Other
- $0
- Hours/week
- 60
-
Sherry Williams-Smith
Director of Clinical Services
- Total calculated
- $85,594
- From this org
- $85,594
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Laurie Fragier
Director of Operations
- Total calculated
- $81,583
- From this org
- $81,583
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Candace Vice
Director of Workforce Development
- Total calculated
- $74,567
- From this org
- $74,567
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Fredrick Jones
Director of Finance
- Total calculated
- $68,923
- From this org
- $68,923
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
-
Evelyn Gaines
President
- Total calculated
- $0
- Hours/week
- 2
-
Daniel Henson III
Director
- Total calculated
- $0
- Hours/week
- 2
-
Frankie Valez
Director
- Total calculated
- $0
- Hours/week
- 2
-
Col Walter J Mitchell Jr
Vice President
- Total calculated
- $0
- Hours/week
- 2
-
James Schofield
Scretary
- Total calculated
- $0
- Hours/week
- 2
-
Michael Rutland
Vice President
- Total calculated
- $0
- Hours/week
- 2
-
Joseph Edmunds
Director
- Total calculated
- $0
- Hours/week
- 2
-
Alex Whitney
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Jeff Foxworth
Director
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 30 October 2024
- IRS schema version
- 2022v5.0
- Source object
- 202501059349300900
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