Veterans Of Foreign Wars Of The United States Dept Of New York

Organization Overview

Veterans Of Foreign Wars Of The United States Dept Of New York is located in Verona, 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 12/2021, Veterans Of Foreign Wars Of The United States Dept Of New York employed 9 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Veterans Of Foreign Wars Of The United States Dept Of New York 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 12/2021, Veterans Of Foreign Wars Of The United States Dept Of New York generated $73.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $78.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION IS FRATERNAL, PATRIOTIC, HISTORICAL, AND EDUCATIONAL. IT FOSTERS COMRADERY AND PATRIOTISM THROUGHOUT ITS MEMBERSHIP, AND MAINTAINS TRUE ALLEGIANCE TO THE USA. GRANTS AND FACILITY ARE PROVIDED IN FURTHERANCE OF THIS MISSION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FUNDS WERE ALLOCATED TO MEMBERS, SELECTED ORGANIZATIONS, AND OTHER PERSONS IN FURTHERANCE OF THE ORGANIZATION'S FRATERNAL, PATRIOTIC, HISTORICAL, AND EDUCATIONAL PURPOSES. A TOTAL OF 23 MEMBERS, ORGANIZATIONS AND INDIVIDUALS RECEIVED BENEFITS.


THE POST FACILITY IS PROVIDED EXCLUSIVELY TO MEMBERS AND THEIR GUESTS FOR THEIR USE IN ENJOYING RECREATIONAL AND SOCIAL ACTIVITIES SOLELY TO PROMOTE AND FOSTER TRUE COMRADERY AND PATRIOTISM IN ACCORDANCE WITH THE ORGANIZATION'S MISSION. THE POST IS OPEN 365 DAYS PER YEAR, AND CURRENTLY HAS 149 MEMBERS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$1,843
Fundraising events$0
Related organizations$0
Government grants $3,528
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$5,371
Total Program Service Revenue$0
Investment income $468
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 $52,891
Net Income from Sales of Inventory $12,080
Miscellaneous Revenue$0
Total Revenue $73,104

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