Veterans Of Foreign Wars
- Assets
- $495.4k
- Revenue
- $55.6k
- Investments
- $0.0
- Employees
- 11
- Location
- Herkimer, NY
- Founding
- 10/1972
- Data as of
- 12/2017
- EIN
- 15-0525601
Organization Overview
Veterans Of Foreign Wars is located in Herkimer, NY. The organization was established in 1972. 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. As of 12/2017, Veterans Of Foreign Wars employed 11 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Veterans Of Foreign Wars 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 12/2017, Veterans Of Foreign Wars generated $55.6k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $54.7k during the year ending 12/2017. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
TO HONOR THE DEAD BY HELPING THE LIVING THROUGH VETERAN SERVICE, NATIONAL SECURITY AND STRONG NATIONAL DEFENSE
Describe the Organization's Program Activity:
Part 3 - Line 4a
BAR OPERATIONS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin Sorenson Jr Vice Chair | Officer | 1 | $0 |
Joseph Sweet Commander | Officer | 5 | $0 |
Fred Randall Quartermaster | Officer | 1 | $0 |
Joseph Sudakow Chaplain | Officer | 1 | $0 |
Benjamin Eisenbrey Judge Advocate | Officer | 1 | $0 |
David Campagna Surgeon | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,634 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,634 |
| Total Program Service Revenue | $0 |
| Investment income | $8 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $37,459 |
| Net Income from Sales of Inventory | $3,518 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $55,619 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $100 |
| Office expenses | $158 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,635 |
| Travel | $60 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $240 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,292 |
| Insurance | $10,918 |
| All other expenses | $0 |
| Total functional expenses | $54,665 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,835 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,500 |
| Prepaid expenses and deferred charges | $156,915 |
| Net Land, buildings, and equipment | $316,167 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $495,417 |
| Accounts payable and accrued expenses | $8,575 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,575 |
| Unrestricted restricted net Assets | $486,842 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $486,842 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Veterans Of Foreign Wars has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
Organization Name not Listed PURPOSE: GENERAL - UNRESTRICTED | | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Americas Vetdogs The Veterans K9 Corps Inc Smithtown, NY | $4,103,216 | $9,390,820 |
United Spinal Association Inc Kew Gardens, NY | $8,457,849 | $8,910,555 |
Coast Guard Foundation Inc Stonington, CT | $21,630,462 | $10,406,014 |
Usa Veteran And Military Support Foundation Inc Buzzards Bay, MA | $1,068 | $7,423,561 |
Veterans Leadership Program Of Western Pennsylvania Inc Pittsburgh, PA | $2,368,240 | $7,560,705 |
Veterans North East Outreach Center Inc Haverhill, MA | $8,243,940 | $5,723,835 |
Veterans Outreach Center Inc Rochester, NY | $10,292,940 | $5,967,513 |
Army Aviation Association Of America Inc Monroe, CT | $11,637,681 | $3,912,077 |
Veterans Research Foundation Pittsburgh, PA | $4,865,557 | $2,533,091 |
American Legion Wormleysburg, PA | $6,891,300 | $3,184,606 |
Common Defense Civic Engagement New York, NY | $599,694 | $2,910,495 |
American Legion Troy, NY | $13,558,229 | $3,222,198 |