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Filing year 2024

INDEPENDENCE FOR VETERANS INC

Bedminster, New Jersey·EIN 83-4663158·NTEE W30 · Public & Societal Benefit·501(c)(3)
Total revenue
$696k
Total assets
$35k
Total expenses
$723k
Reported officers
6
Mission

PROVIDE SUPPORT AND ASSISTANCE TO VETERANS OF THE UNITED STATES ARMED FORCES. THIS SUPPORT SHALL BE IN VARIOUS FORMS, INCLUDING BUT NOT LIMITED TO THE PROVISION OF NEW CLOTHING OTHER NECESSITIES AND DIRECT FINANCIAL ASSISTANCE. THE CORPORATION SHALL ALSO PROMOTE THE NEEDS OF VETERANS AND THEIR SUBSEQUENT CAUSES VIA ANY AND ALL MEDIA, AND DEVELOP, PLAN AND CONDUCT VARIOUS EDUCATIONAL, CULTURAL, SOCIAL, AND/OR RECREATIONAL PROGRAMS FOR VETERANS AND THEIR FAMILIES.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.

President
Board President
75th to 90th percentile
$90k
$97k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Browse compensation in Public & Societal Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at INDEPENDENCE FOR VETERANS INC equaled 12% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

This organization (2024)
12%
Sector median
10%
Middle half of sector
4% to 22%

Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 22%
from 2023

From $74k in 2023 to $90k in 2024.

$74k
2023
$90k
2024
In today's dollarsEst.
Up 18% in real terms$83k to $97k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board President pay rose 22% from 2023 to 2024, while revenue rose 81%.

$74k in 2023 to $90k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about INDEPENDENCE FOR VETERANS INC

What does the Board President of INDEPENDENCE FOR VETERANS INC earn?

In 2024, the Board President of INDEPENDENCE FOR VETERANS INC received $90,030 in total compensation. This pay is in the top quarter for Board President roles among Public & Societal Benefit organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board President pay at INDEPENDENCE FOR VETERANS INC compare with similar nonprofits?

Compared with the same role at Public & Societal Benefit organizations nationwide, the 2024 pay of the Board President at INDEPENDENCE FOR VETERANS INC falls between the 75th and 90th percentiles. In 2024, the highest total compensation at INDEPENDENCE FOR VETERANS INC equaled 12% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

What are INDEPENDENCE FOR VETERANS INC's revenue and expenses?

In 2024, INDEPENDENCE FOR VETERANS INC reported $696k in total revenue and $723k in total expenses on its IRS Form 990.

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