Veterans Of Foreign Wars Department Of West Virginia is located in Chester, WV. 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 12/2023, Veterans Of Foreign Wars Department Of West Virginia employed 16 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Veterans Of Foreign Wars Department Of West Virginia 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 West Virginia generated $522.7k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $529.4k during the year ending 12/2023. 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
PROVIDES MEMBERS A PLACE TO HONOR AND MEMORIALIZE THOSE LOST IN WAR AND ALSO PROVIDES A PLACE TO SOCIALIZE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES MEMBERS A PLACE TO HONOR AND MEMORIALIZE THOSE LOST IN WAR AND ALSO PROVIDES A PLACE TO SOCIALIZE.
PROVIDES MEMBERS A PLACE TO HONOR AND MEMORIALIZE THOSE LOST IN WAR AND ALSO PROVIDES A PLACE TO SOCIALIZE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chad Blewitt Adjutant | Trustee | $0 | |
Peter Bowen Chaplin | Trustee | $0 | |
Gordon Greer Trustee | Trustee | $0 | |
Michael Mcgraw Trustee | Trustee | $0 | |
Tracy Simmons Judge Advoca | Trustee | $0 | |
Gary Woofter Surgeon | Trustee | $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 | $5,685 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,685 |
Total Program Service Revenue | $7,619 |
Investment income | $58,227 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $4,730 |
Net Gain/Loss on Asset Sales | $17,712 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $356,638 |
Net Income from Sales of Inventory | $43,454 |
Miscellaneous Revenue | $0 |
Total Revenue | $522,681 |
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. | $8,400 |
Compensation of current officers, directors, key employees. | $8,400 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $199,048 |
Pension plan accruals and contributions | $3,046 |
Other employee benefits | $0 |
Payroll taxes | $18,083 |
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 | $2,000 |
Office expenses | $5,553 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $578 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $31,622 |
Interest | $8 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $62,772 |
Insurance | $0 |
All other expenses | $78,022 |
Total functional expenses | $529,407 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $469,011 |
Savings and temporary cash investments | $567,055 |
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 | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $909,995 |
Investments—publicly traded securities | $1,642,755 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,588,816 |
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 | $3,588,816 |
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 | $3,588,816 |