Veterans Of Foreign Wars Department Of Illinois is located in Ofallon, IL. The organization was established in 1964. 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 06/2023, Veterans Of Foreign Wars Department Of Illinois employed 11 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Veterans Of Foreign Wars Department Of Illinois 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 06/2023, Veterans Of Foreign Wars Department Of Illinois generated $319.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $321.8k during the year ending 06/2023. While expenses have increased by 3.0% per year over the past 7 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
TO PRESERVE AND STRENGTHEN CAMARADERIE AMONG VFW MEMBERS; TO PERPETUATE THE MEMORY AND HISTORY OF OUR DEAD, AND TO ASSIST THEIR WIDOWS, WIDOWERS AND ORPHANS; TO MAINTAIN TRUE ALLEGIANCE TO THE GOVERNMENT OF THE UNITED STATES OF AMERICA AND FIDELITY TO ITS CONSTITUTION AND LAWS; TO FOSTER TRUE PATRIOTISM TO MAINTAIN AND EXTEND THE INSTITUTIONS OF AMERICAN FREEDOM; AND TO PRESERVE AND DEFEND THE UNITED STATES FROM ALL HER ENEMIES, WHOMEVER AND WHEREVER THEY MAY BE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL CANTEEN SALES AND DUES.
PROCEEDS FROM OTHER PROGRAMS, SUCH AS OPERATING A BAR, GO DIRECTLY TO BENEFIT TO MEMBERS OF THE POST, VETERENS OF FORIEGN WARS, OR THE SURROUNDING COMMUNITY.
CHICKEN DINNER- PROCEEDS FROM THIS EVENT WERE DIRECTLY DONATED TO THE VETERAN'S RELIEF FUND, WHICH ASSISTS DIABLED AND HOMELESS VETERANS.
VARIOUS EVENTS- SUCH AS A MOTORCYCLE POKER RUN, WHERE PROCEEDS GO TO HELP OTHER CHARITIES OR TROOP SUPPORT, SUCH AS GIFT BAGS TO TROOPS OVERSEAS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chad W Crawford 2nd Yr Trust | Trustee | $0 | |
Stephan A Goodrich Adjutant (ap | OfficerTrustee | $0 | |
Royce M Lippert 1st Yr Trust | Trustee | $0 | |
Karen R Ridge Commander | Trustee | $0 | |
Kenneth Smith 3rd Yr Trust | Trustee | $0 | |
James M Stover Quartermaste | 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 | $16,466 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $16,466 |
Total Program Service Revenue | $280,277 |
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 | $25,634 |
Net Income from Gaming Activities | -$12,007 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $319,725 |
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 | $86,228 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $9,285 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,481 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $41,403 |
Advertising and promotion | $0 |
Office expenses | $1,878 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $30,642 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,154 |
Payments to affiliates | $79 |
Depreciation, depletion, and amortization | $7,952 |
Insurance | $7,799 |
All other expenses | $3,907 |
Total functional expenses | $321,845 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $51,474 |
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 | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $109,219 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $160,693 |
Accounts payable and accrued expenses | $6,458 |
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 | $36,196 |
Other liabilities | $0 |
Total liabilities | $42,654 |
Net assets without donor restrictions | $118,039 |
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 | $160,693 |