Nonprofit · EIN 04-3098024
VETERANS INC
Tax-exempt · WORCESTER, MA 01605
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $29,877,568 | $25,426,532 | $4,451,036 | $34,356,159 | $7,213,007 | $27,143,152 |
| June 30, 2024 | 990 | $26,213,790 | $23,525,194 | $2,688,596 | $29,480,465 | $6,852,400 | $22,628,065 |
| June 30, 2023 | 990 (amended) | $23,466,512 | $21,066,172 | $2,400,340 | $27,011,040 | $7,094,404 | $19,916,636 |
| June 30, 2022 | 990 (amended) | $21,842,562 | $17,382,682 | $4,459,880 | $23,448,065 | $6,182,302 | $17,265,763 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $16,798,866
- of which government grants
- $15,640,425
- Program service revenue
- $12,384,613
- Investment income
- $712,252
- Net rental income
- $40,508
- Net income from fundraising events
- -$142,685
- Other revenue
- -$18,163
Expenses
- Grants and similar amounts paid
- $2,968,901
- Compensation of officers, directors and key employees
- $1,139,754
- Other salaries and wages
- $11,964,431
- Salaries, compensation and benefits (total)
- $16,164,001
- Professional fundraising fees
- $0
- Legal fees
- $140,988
- Accounting fees
- $79,432
- Occupancy
- $895,170
- Travel
- $330,462
- Depreciation
- $558,219
- Program services (functional)
- $23,213,287
- Management and general (functional)
- $2,012,824
- Fundraising (functional)
- $200,421
Balance sheet and other
- Total assets, start of year
- $29,480,465
- Total assets, end of year
- $34,356,159
- Total liabilities, end of year
- $7,213,007
- Net assets, end of year
- $27,143,152
- Land, buildings and equipment
- $12,208,201
- Publicly traded securities
- $209,845
- Net assets without donor restrictions
- $26,993,829
- Net assets with donor restrictions
- $149,323
- Gross receipts
- $30,126,507
- Employees
- 329
- Volunteers
- 959
- Year formed
- 1990
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| VINCENT PERRONE JR | PRESIDENT & CEO Trustee or director, Officer | 40 | $307,389 | $40,882 |
| ALLISON ALAIMO | SR. VP FINANCE, DEV & ADMIN Key employee | 40 | $239,228 | $57,060 |
| DENIS M LEARY | VP & EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $265,762 | $30,009 |
| AMANDA R HERRON | ASST. VP OF ADMIN. & EMPLOYEE RELATIONS Key employee | 40 | $184,487 | $14,937 |
| CHARLENE M CUTRONI | CONTROLLER (UNTIL 1/2025) Highest-paid employee | 40 | $121,820 | $1,425 |
| AJ MERCIER | DIR. OF SPECIAL PROJ. & OPERATIONS Highest-paid employee | 40 | $106,718 | $3,063 |
| ARLANNA L COLONIES | DIVISION MANAGER Highest-paid employee | 40 | $100,549 | $2,715 |
| GEORGE M BOURISK | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ROLAND BERCUME | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| PATRICK MURPHY | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| STANLEY M JONUTIS | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| VICTORIA VITUCCI | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| RALPH D SABATINO PHD | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| EDWARD D BURKART JR | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| VINCENT PERRONE JR | PRESIDENT & CEO Trustee or director, Officer | 40 | $261,814 | $4,367 |
| DENIS M LEARY | VP & EXEC. DIRECTOR Trustee or director, Officer | 40 | $244,864 | $12,657 |
| ALLISON ALAIMO | SR. VP FINANCE, DEV & ADMIN Key employee | 40 | $209,670 | $33,963 |
| AMANDA R HERRON | ASST. VP OF ADMIN. & EMPLOYEE RELATIONS Key employee | 40 | $153,479 | $4,044 |
| AJ MERCIER | DIR. OF SPECIAL PROJ. & OPERATIONS Highest-paid employee | 40 | $102,000 | $2,975 |
| GEORGE M BOURISK | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ROLAND BERCUME | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| PATRICK MURPHY | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| STANLEY M JONUTIS | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| VICTORIA VITUCCI | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| RALPH D SABATINO PHD | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| EDWARD D BURKART JR | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
990 for the year ended June 30, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| VINCENT PERRONE | PRESIDENT & CEO Trustee or director, Officer | 40 | $262,150 | $20,115 |
| DENIS M LEARY | VP & EXEC. DIRECTOR Trustee or director, Officer | 40 | $256,697 | $20,000 |
| ALLISON ALAIMO | VP FIN. DEV. & ADMIN Key employee | 40 | $251,947 | $20,093 |
| AMANDA HERRON | SENIOR DIRECTOR OF ADMIN Key employee | 40 | $153,906 | $9,500 |
| GEORGE BOURISK | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ROLAND BERCUME | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| PATRICK MURPHY | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| BARBARA RUGO FOCHT | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| VICTORIA VITUCCI | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| RALPH D SABATINO | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| EDWARD D BURKART JR | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
990 for the year ended June 30, 2022: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| VINCENT PERRONE | PRESIDENT & CEO Trustee or director, Officer | 40 | $209,460 | $27,558 |
| ALLISON ALAIMO | VP FIN. DEV. & ADMIN Key employee | 40 | $173,250 | $45,942 |
| DENIS M LEARY | VP & EXEC. DIRECTOR Trustee or director, Officer | 40 | $198,550 | $20,000 |
| AMANDA HERRON | SENIOR DIRECTOR OF ADMIN Highest-paid employee | 40 | $112,852 | $9,500 |
| GEORGE BOURISK | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ROLAND BERCUME | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| PATRICK MURPHY | DIRECTOR Trustee or director | 0 | $0 | $0 |
| BARBARA RUGO FOCHT | DIRECTOR Trustee or director | 0 | $0 | $0 |
| VICTORIA VITUCCI | DIRECTOR Trustee or director | 0 | $0 | $0 |
| RALPH D SABATINO | DIRECTOR Trustee or director | 0 | $0 | $0 |
| EDWARD D BURKART JR | DIRECTOR Trustee or director | 0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 69 GROVE ST, WORCESTER, MA 01605-2600
- In care of
- % VETE
- Principal officer (990 for 2024)
- VINCENT PERRONE JR, 69 GROVE STREET, WORCESTER, MA 01605
- Signed the 990
- VINCENT PERRONE JR, PRESIDENT & CEO
- Phone
- (800) 482-2565
- Website
- WWW.VETERANSINC.ORG
- Return prepared by
- AAFCPAS INC
Mission
VETERANS INC.'S MISSION IS TO END HOMELESSNESS AMONG VETERANS BY HELPING VETERANS REGAIN CONTROL OF THEIR LIVES. WE BELIEVE THAT ALL VETERANS HAVE EARNED RESPECT AND GRATITUDE FROM OUR NATION. THIS BELIEF IS TRANSLATED INTO THE PHILOSOPHY THAT UNDERLIES ALL OF OUR WORK. "THEY WERE THERE WHEN WE NEEDED THEM. WE MUST BE THERE NOW THAT THEY NEED US." AT VETERANS INC. WE AIM TO REMAIN A LEADING PROVIDER OF SERVICES FOR VETERANS AND THEIR FAMILIES BY PROVIDING THE HIGHEST QUALITY SERVICES.
Program accomplishments
- HEALTH AND WELLNESS AND BEHAVIORAL HEALTH CARE - THE ORGANIZATION PROVIDES PHYSICAL, MENTAL, AND EMOTIONAL CARE THAT HELPS INDIVIDUALS DEVELOP COPING MECHANISMS AND SUPPORTS REINTEGRATION INTO FAMILIES AND COMMUNITIES. THIS CARE CONTRIBUTES TO THE SUCCESS OF THE ORGANIZATION IN REDUCING HOMELESSNESS. THE ORGANIZATION HAS BEEN ON THE VANGUARD OF TREATMENT DELIVERY FOR SUBSTANCE ADDICTION BY BECOMING THE FIRST VETERAN-FOCUSED ORGANIZATION TO CREATE A FULL ARRAY OF LICENSED DIRECT CARE SERVICES. INPATIENT AND OUTPATIENT SUBSTANCE ABUSE TREATMENT LICENSED BY THE MASSACHUSETTS DEPARTMENT OF PUBLIC HEALTH AND ACCREDITED BY THE COMMISSION OF ACCREDITATION OF REHABILITATION FACILITIES ARE AVAILABLE AT INDEPENDENCE HALL IN SHREWSBURY, MASSACHUSETTS AND IN WORCESTER, MASSACHUSETTS LOCATIONS. LEVELS OF CARE PROVIDED INCLUDE INPATIENT CLINICAL STABILIZATION SERVICES, INPATIENT RESIDENTIAL RECOVERY SUPPORT FOR THOSE WITH CO-OCCURRING SUBSTANCE USE DISORDER AND MENTAL HEALTH ISSUES, INTENSIVE OUTPATIENT DAY TREATMENT, OUTPATIENT COUNSELING, AND MEDICATION ASSISTED TREATMENT. RESEARCH HAS DEMONSTRATED THAT SEPARATION FROM THE MILITARY INCREASES THE RISK OF DEVELOPING OR WORSENING SUBSTANCE ABUSE RELATED PROBLEMS. WHEN LEAVING THE MILITARY, DRUG AND ALCOHOL PROBLEMS CAN FURTHER COMPLICATE THE TRANSITION TO CIVILIAN LIFE AND CAN HAVE A SERIOUS IMPACT ON PERSONAL RELATIONSHIPS. THE ORGANIZATION OFFERS THIS EVIDENCE-BASED TREATMENT PROGRAM FOR MALES AND FEMALES, PRIORITIZING VETERANS, DELIVERING SERVICES WITH CULTURAL SKILL AND SENSITIVITY, WITH SPECIAL EXPERTISE IN THE VETERAN'S CULTURE, AND IS CONSIDERED THE FIRST OF ITS KIND IN THE COUNTRY TO BE OPERATED BY A COMMUNITY NON-PROFIT VETERANS ORGANIZATION.Expenses $8,734,946 · grants $283,173 · revenue $12,294,685
- OUTREACH AND SUPPORTIVE SERVICES PROGRAM - THE OUTREACH PROGRAM OFFERS TRAINING, THERAPEUTIC GROUP SESSIONS, INDIVIDUAL COUNSELING, BENEFITS COUNSELING AND ADVOCACY, HEALTHCARE AND BENEFIT ENROLLMENT, EMPLOYMENT SUPPORT, TRANSPORTATION, AND OTHER SUPPORT SERVICES SUCH AS FOOD AND CLOTHING. THE PROGRAM FOCUSES ON THE REMOVAL OF BARRIERS THAT PREVENT PEOPLE FROM RECEIVING CRITICAL SERVICES. SUPPORTIVE SERVICES TO VETERAN FAMILIES FOCUS ON HOUSING STABILIZATION WHICH OFFERS CASE MANAGEMENT, LEGAL SERVICES, HEALTHCARE NAVIGATION, AND TEMPORARY FINANCIAL ASSISTANCE TO HELP LOW-INCOME FAMILIES OBTAIN OR REMAIN IN HOUSING. ALSO OFFERED IS SUICIDE PREVENTION SUPPORT THAT EMPLOYS A PUBLIC HEALTH APPROACH THAT BLENDS COMMUNITY-BASED PREVENTION WITH EVIDENCE-BASED CLINICAL STRATEGIES WITH A GOAL TO REDUCE VETERAN SUICIDE RISK, IMPROVE BASELINE MENTAL HEALTH STATUS, WELL-BEING, AND SOCIAL SUPPORT, AND IMPROVE FINANCIAL STABILITY FOR INDIVIDUALS AND THEIR FAMILIES. THE ORGANIZATION ALSO PROVIDES HOUSING RETENTION ASSISTANCE FOR VETERANS WHO HAVE TRANSITIONED INTO THEIR OWN PERMANENT LIVING SITUATION AND MAINTAINS A NATION TOLL-FREE CALL CENTER TO PROVIDE VETERANS AND THEIR FAMILY MEMBERS WITH NEEDED SUPPORT, REFERRALS TO OTHER SERVICES, AS WELL AS TO ANSWER GENERAL INQUIRIES ON VETERANS' SERVICES.Expenses $8,918,965 · grants $2,590,057
- SUPPORTIVE HOUSING FOR VETERANS - THE PROGRAM PROVIDES THE BASIC HUMAN NEEDS OF FOOD, CLOTHING, AND RESIDENTIAL SERVICES TO HOMELESS VETERANS. THE ORGANIZATION OPERATES MULTIPLE FACILITIES FOR VETERANS ACROSS NEW ENGLAND. PROGRAMS VARY BY SITE FROM EMERGENCY SHELTER AND BARRACK STYLE LIVING TO SINGLE ROOM OCCUPANCY UNITS WITH SHARED COMMON SPACES, TO INDEPENDENT APARTMENT STYLE LIVING. ALL SITES PROVIDE SUPPORTIVE SERVICES ONSITE THROUGH CASE MANAGERS AND SITE COORDINATORS. THE ORGANIZATION WORKS WITH EACH VETERAN TO DEVELOP AN INDIVIDUAL SERVICE PLAN TO MEET THEIR NEEDS. THE GOALS OF THE PROGRAM ARE FOR CLIENTS TO IMPROVE THEIR MENTAL HEALTH STATUS AND RESIDENTIAL STABILITY, INCREASE THEIR SKILL LEVEL OR INCOME, AND ACHIEVE GREATER SELF-DETERMINATION.Expenses $2,954,036 · grants $89,344 · revenue $164,928
- TRAINING AND EMPLOYMENT PROGRAM - THE ORGANIZATION SUPPORTS VETERANS IN TODAY'S DIFFICULT JOB MARKET BY PROVING TRAINING AND JOB PLACEMENT SERVICES. THIS NATIONALLY RECOGNIZED TRAINING AND EMPLOYMENT PROGRAM HELPS VETERANS OBTAIN AND RETAIN JOBS SO THEY CAN STABILIZE THEIR LIVES. VETERANS RECEIVE JOB COUNSELING, SUPPORT SERVICES, TRAINING, RESUME WRITING ASSISTANCE, MOCK INTERVIEWS, AND JOB PLACEMENT AND RETENTION SERVICES. EMPLOYMENT SPECIALISTS CONDUCT ASSESSMENTS OF VETERANS' CAREER INTERESTS, EMPLOYMENT HISTORY, NEEDS, ABILITIES, AND ASPIRATIONS TO DETERMINE A COURSE OF ACTION FOR SUCCESS AND CONNECT VETERANS TO MEANINGFUL EMPLOYMENT OPPORTUNITIES. VETERANS IN NEED OF TRAINING OR FURTHER CERTIFICATIONS ARE PROVIDED WITH JOB TRAINING EITHER INTERNALLY OR THROUGH A TRAINING PARTNER. SUCCESS IN THE WORKPLACE OFTEN HINGES ON EMPLOYEES' ABILITY TO SUCCESSFULLY MANAGE OTHER AREAS OF THEIR LIVES; THE ORGANIZATION OFFERS LIFE SKILLS, MONEY MANAGEMENT, TRANSPORTATION, CHILDCARE, AND OTHER SUPPORTS TO FURTHER ELIMINATE POTENTIAL OBSTACLES TO JOB SUCCESS. AFTER EMPLOYMENT, STAFF FOLLOW-UP TO IDENTIFY ANY POTENTIAL ISSUES BEFORE THEY BECOME A BARRIER TO SUSTAINED EMPLOYMENT. A SPECIAL COMPONENT OF THE PROGRAM ENGAGES WITH POST-9/11 VETERANS TO PROVIDE CAREER ADVANCING POSITIONS TO THOSE WHO ARE UNEMPLOYED OR UNDEREMPLOYED.Expenses $2,605,340 · grants $6,327
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 04-3098024
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1991
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20Z)
- Assets (IRS master file)
- $34,356,159
- Income (IRS master file)
- $30,126,507
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $29,877,568 | $25,426,532 | $34,356,159 | IRS |
| 990 | June 2024 | $26,213,790 | $23,525,194 | $29,480,465 | IRS |
| 990 | June 2023 | $23,466,512 | $21,066,172 | $27,011,040 | XML |
| 990 | June 2022 | $21,842,562 | $17,382,682 | $23,448,065 | XML |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3098024).
Questions about VETERANS INC
- What is the EIN of VETERANS INC?
- The employer identification number (EIN) of VETERANS INC is 04-3098024.
- Is VETERANS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to VETERANS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VETERANS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of VETERANS INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VETERANS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of VETERANS INC?
- The 990 for the year ended June 30, 2025 names VINCENT PERRONE JR.
- Who are the officers and directors of VETERANS INC?
- The 990 for the year ended June 30, 2025 lists 14 people; 7 received compensation from the organization, the highest $307,389 (VINCENT PERRONE JR, PRESIDENT & CEO).
- How much revenue does VETERANS INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $29,877,568, expenses of $25,426,532 and total assets of $34,356,159 at year end.
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