V F W Club Of Greencastle Pennsylvania is located in Greencastle, PA. The organization was established in 1984. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, V F W Club Of Greencastle Pennsylvania employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. V F W Club Of Greencastle Pennsylvania is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, V F W Club Of Greencastle Pennsylvania generated $471.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $490.1k during the year ending 12/2023. While expenses have increased by 4.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SERVICES TO MEMBERS, SUCH AS MEALS, ENTERTAINMENT, AND OTHER MEMBER SERVICES AS WELL AS TO SUPPORT LOCAL, CHARITABLE, MILITARY, AND PATRIOTIC CAUSES AND ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT, ENTERTAIN AND COMFORT VETERANS AND CHARITABLE CAUSES RELATED TO VETERANS AND COMMUNITY CHARITABLE ORGANIZATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joe Fye Trustee | Trustee | 0.5 | $0 |
Ronald Shaffer Trustee | Trustee | 0.5 | $0 |
Cody Carbaugh President | Officer | 1 | $0 |
Andrew Carbaugh Treasurer | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $42,376 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $42,376 |
Total Program Service Revenue | $0 |
Investment income | $32 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $700 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $293,827 |
Net Income from Sales of Inventory | $128,475 |
Miscellaneous Revenue | $0 |
Total Revenue | $471,507 |
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 | $228,182 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $19,502 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,725 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $173 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $13,082 |
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 | $13,484 |
All other expenses | $3,737 |
Total functional expenses | $490,079 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,260 |
Savings and temporary cash investments | $148,908 |
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 | $34,000 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $189,168 |
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 | $22,966 |
Total liabilities | $22,966 |
Net assets without donor restrictions | $166,202 |
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 | $189,168 |