Veterans Of Foreign Wars Post 6248 Michigan
- Assets
- $187.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Decatur, MI
- Founding
- 03/1967
- Data as of
- 06/2022
- EIN
- 38-2026632
Organization Overview
Veterans Of Foreign Wars Post 6248 Michigan is located in Decatur, MI. The organization was established in 1967. 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 Post 6248 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 06/2022, Veterans Of Foreign Wars Post 6248 Michigan generated $52.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $74.7k during the year ending 06/2022. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Conklin Commander | 20 | $0 | |
David J Hagen Chaplin | 5 | $0 | |
Gary Janssen Vice Commander | 2 | $0 | |
Westran Marko Quartermaster | 20 | $0 | |
William Gateley Trustee | 0 | $0 | |
Thomas Buckman Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,121 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $793 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $17,637 |
| Other Revenue | $0 |
| Total Revenue | $51,954 |
| 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 | $3,760 |
| Occupancy, rent, utilities, and maintenance | $37,842 |
| Printing, publications, postage, and shipping | $632 |
| Other expenses | $28,976 |
| Total expenses | $74,671 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $92,788 |
| Other assets | $0 |
| Total assets | $187,071 |
| Total liabilities | $1,258 |
| Net assets or fund balances | $185,813 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Legion Auxiliary Indianapolis, IN | $53,756,323 | $11,649,453 |
American Legion Indianapolis, IN | $6,888,018 | $3,332,697 |
American Legion Lansing, MI | $6,617,226 | $3,234,715 |
Michigan Veterans Foundation Inc Detroit, MI | $12,857,454 | $2,381,059 |
American Legion Portage, WI | $4,372,734 | $2,507,173 |
Veterans Of Foreign Wars Dept Of Michigan Lansing, MI | $3,020,634 | $1,962,824 |
American Legion Department Of Ohio Inc Delaware, OH | $10,500,677 | $3,629,626 |
Veterans Education And Research Association Of Michigan Ann Arbor, MI | $5,729,968 | $2,127,500 |
Amvets Sheffield Lake, OH | $428,366 | $1,416,988 |
Disabled American Veterans Fraser, MI | $2,133,889 | $1,392,365 |
Veterans Of Foreign Wars Of The United States Dept Of Wisconsin Madison, WI | $1,702,327 | $1,105,490 |
American Legion Indianapolis, IN | $1,325,142 | $1,006,926 |