Veterans Of Foreign Wars Dept Of Michigan
- Assets
- $61.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grand Haven, MI
- Founding
- 06/1949
- Data as of
- 12/2017
- EIN
- 38-1285386
Organization Overview
Veterans Of Foreign Wars Dept Of Michigan is located in Grand Haven, MI. The organization was established in 1949. 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. Veterans Of Foreign Wars Dept Of Michigan 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 12/2017, Veterans Of Foreign Wars Dept Of Michigan generated $54.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $53.8k during the year ending 12/2017. While expenses have increased by 13.7% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theodore Raggl Commander | 0 | $0 | |
Jack Maxfield Sr. Vice | 0 | $0 | |
Al Schmidt Jr. Vice | 0 | $0 | |
Chris Streng Quartermaste | 0 | $0 | |
Terry Grotemat Judge Advoca | 0 | $0 | |
Jerry Tripp Chaplain | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,954 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$23,196 |
| Other Revenue | $2,300 |
| Total Revenue | $53,974 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $480 |
| Occupancy, rent, utilities, and maintenance | $33,488 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,859 |
| Total expenses | $53,827 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,933 |
| Other assets | $0 |
| Total assets | $61,646 |
| Total liabilities | $1,383 |
| Net assets or fund balances | $60,263 |