Veterans Of Foreign Wars Department Of Massachusetts is located in Quincy, MA. The organization was established in 1965. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Veterans Of Foreign Wars Department Of Massachusetts is a 501(c)(19) and as such, is described as a "Post or Organization of Past or Present Members of the Armed Forces" by the IRS.
For the year ending 12/2023, Veterans Of Foreign Wars Department Of Massachusetts generated $13.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $11.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
VETERANS HOSPITAL SERVICES AND RECREATION - $2000 SUPPORT FOR LOCAL VETERANS ORGANIZATION - $1374 HIGH SCHOOL AND LOCAL SCHOLARSHIPS - $4985
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Peter Smialek Commander | 5 | $0 | |
Paul Leman Senior Vice Commander | 4 | $0 | |
William Bonner Junior Vice Commander | 4 | $0 | |
John Marre Quartermaster | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $10,459 |
Total Program Service Revenue | $0 |
Membership dues | $332 |
Investment income | $2,200 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $12,991 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $190 |
Other expenses | $2,830 |
Total expenses | $11,379 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $212,800 |
Other assets | $0 |
Total assets | $212,800 |
Total liabilities | $0 |
Net assets or fund balances | $212,800 |