NonprofitsVeterans Watchmaker Initiative Inc

Education

Veterans Watchmaker Initiative Inc

LITTLE CREEK, DE

Total revenue

$838K

Total expenses

$323K

Net assets

$2.2M

Grants received

$636K

17 grants

EIN

452654601

Tax year

2023

Mission

The focus of the veterans watchmaker initiative is to provide united states armed forces veterans, especially disabled veterans, with the skill set of watch repair and a career path in a high-paying vocation that is in high demand due to its shortage of workers.

Financials

FY 2023

Revenue

Contributions & grants$778K
Program service revenue$60K
Investment income$86
Other revenue
Total revenue$838K

Expenses

Grants paid$525
Salaries & benefits
Fundraising$5K
Other expenses$323K
Total expenses$323K
Total assets$2.2M
Net assets$2.2M

People

12 listed

NameRoleCompensation

SAMUEL CANNAN

CHAIRMAN OF THE BOARD

Board

50 hrs/wk

JOE BORELLA

BOARD MEMBER

Board

2 hrs/wk

MICHAEL BENAVENTE

BOARD MEMBER

Board

2 hrs/wk

RICHARD FRANCHELLA

BOARD MEMBER

Board

2 hrs/wk

HERB KONOWITZ

BOARD MEMBER

Board

2 hrs/wk

ROGER SATNICK

BOARD MEMBER

Board

2 hrs/wk

DAVID SKOCIK

BOARD MEMBER

Board

2 hrs/wk

GENERAL FRANCIS D VAVALA

BOARD MEMBER

Board

2 hrs/wk

MICHAEL WIPF

BOARD MEMBER

Board

2 hrs/wk

NICK CALLAZZO

BOARD MEMBER

Board

2 hrs/wk

ROBERT R HOWARD

BOARD MEMBER

Board

2 hrs/wk

XIAO LI TAN

BOARD MEMBER

Board

2 hrs/wk

Grants received

Showing 17 of 17

FromAmountPurposeYear
$250K
UNRESTRICTED GENERAL SUPPORT
2024
$60K
GENERAL PURPOSE
2024
$10K
FOR GENERAL SUPPORT.
2024
$103K
GENERAL PURPOSE
2023
$25K
Funding to support the renovation of the back porch of the Biddle House
2023
$25K
UNRESTRICTED SUPPORT
2023
$20K
GENERAL
2023
$12K
STRENGTHENING THOSE IN NEED (HEALTH & HUMAN SERVICES)
2022
$3K
STRENGTHENING THOSE IN NEED (HEALTH & HUMAN SERVICES)
2022
$15K
SCHOOL SUPPLIES.
2021
$5K
VWI SERVICE CENTER
2020
$25K
BIDDLE HOUSE RENOVATIONS FOR STUDENT LODGING
2019
$21K
For grant recipient's exempt purposes
2019

Funded by

$636K from 13 funders · 17 grants · 2018–2024

The Bulova Stetson Fund

$163K · 2 grants · 2023–2024

Welfare Foundation Inc

$40K · 1 grant · 2023

Horological Society Of New York Inc

$33K · 3 grants · 2019–2023

Delaware Community Foundation Inc

$25K · 1 grant · 2023

Td Charitable Foundation

$25K · 1 grant · 2019

Chichester Dupont Foundation Inc

$25K · 1 grant · 2023

Details

EIN452654601
NTEE codeB30
Subsection03
Ruling date2012-12
Formed2013
Employees0
Volunteers6
VETERANS WATCHMAKER INITIATIVE INC — Mission, Financials & Grants Received | Grantivo