Veterans Of Foreign Wars Of The United States Dept Of New Jersey, operating under the name Medford Vfw Post #7677, is located in Medford, NJ. The organization was established in 1966. 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. Medford Vfw Post #7677 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 06/2022, Medford Vfw Post #7677 generated $127.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $135.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SUPPORT FOR VETERANS OF FOREIGN WARS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VFW POST 7677 PROVIDES SUPPORT, CONTRIBUTIONS AND PROGRAMS FOR MILITARY VETERANS OF FOREIGN WARS. THIS SUPPORT IS PROVIDED TO ACTIVE MILITARY, INACTIVE AND RETIRED COMBAT VETERANS OF THE UNITED STATES SERVING IN WWII, KOREAN CONFLICT, VIET NAM CONFLICT, PERSIAN GULF KUWAIT CONFLICT, IRAQI WAR AND THE AFGHAN CONFLICT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Preston Post Commander | Officer | 2 | $0 |
George Horner Sr Vice Commander | Officer | 1 | $0 |
Michael Deehr Jr Vice Commander | Officer | 1 | $0 |
Francis Johnson Chaplin | Officer | 1 | $0 |
Patrick Kavansaugh Quartermaster | Officer | 10 | $0 |
Leo Pratte Judge Advocate | Officer | 1 | $0 |
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 | $8,641 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $8,641 |
Total Program Service Revenue | $119,454 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$2,180 |
Net Income from Gaming Activities | $1,084 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $126,999 |
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 | $2,720 |
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 | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $135,073 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $47,723 |
Savings and temporary cash investments | $15,446 |
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 | $1,500 |
Prepaid expenses and deferred charges | $49 |
Net Land, buildings, and equipment | $597,800 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $662,518 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $662,518 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $662,518 |
Organization Name | Assets | Revenue |
---|---|---|
Black Veterans For Social Justice Inc Brooklyn, NY | $26,444,662 | $57,468,816 |
Veterans Multi-Service Center Inc Philadelphia, PA | $4,990,474 | $14,923,218 |
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 |
Veterans Leadership Program Of Western Pennsylvania Inc Pittsburgh, PA | $2,368,240 | $7,560,705 |
Veterans Outreach Center Inc Rochester, NY | $10,292,940 | $5,967,513 |
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 |
Veterans Of Foreign Wars Of The United States Dept Of Pennsylvania Harrisburg, PA | $9,683,468 | $3,300,434 |
Veterans Bio-Medical Research Institute Inc East Orange, NJ | $1,075,149 | $1,989,027 |