Veterans Inc.
Year Founded:
1991
Address:
69 Grove Street
Worcester, MA 01605
Website:
EIN:
04-3098024
Top Leadership Pay:
President and CEO Vincent Perrone, $209,460
Employees:
247
Revenue:
$21,871,539
Expenses:
$17,382,675
Description
Based on its 2022 tax return, we calculate that Veterans Inc. spent 95 percent of its $17.3 million budget on programs and 5 percent on overhead. This meets our recommendation that a highly recommended charity spend at least 90 percent of its budget on programs.
Veterans Inc. filed three transactions with interested persons. Vincent Perrone III, son of the CEO, earned $50,000 in wages. Daniel Alaimo, brother of one of the officers, earned $75,000 in wages. Samuel Perrone, son of the CEO, earned $75,000 in wages.
We did not detect any issues with Veterans Inc. when screening the organization. Read more about our rating system here.
Mission Statement
To be there for our veterans and their families in their time of need with the ultimate goal to end homelessness among veterans. To help our veterans regain self-sufficiency through the provision of holistic supportive services, including housing, employment and training, case management, food security, health and wellness, family support programs, women, and child care services.