Veterans Of Foreign Wars Dept Of Michigan is located in Muskegon, 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 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 06/2022, Veterans Of Foreign Wars Dept Of Michigan generated $161.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $123.1k during the year ending 06/2022. While expenses have increased by 3.7% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
BENEFITSANDEXPENSESDIRECTLYFORORGIVENTOVETERANSANDTHEIRFAMILIES.THOUSANDSOFFAMILIESANDVETERANSARESERVED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Billy Stancroff Commander | 30 | $3,080 | |
Dena Niemczak Quartermaster | 25 | $1,200 | |
Carl Barber Sr. Vice-Commander | 15 | $0 | |
Ron Miller Chaplain | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $22,750 |
Total Program Service Revenue | $0 |
Membership dues | $2,757 |
Investment income | $6 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $70,064 |
Other Revenue | $23,162 |
Total Revenue | $161,467 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $1,525 |
Salaries, other compensation, and employee benefits | $14,675 |
Professional fees and other payments to independent contractors | $3,830 |
Occupancy, rent, utilities, and maintenance | $50,978 |
Printing, publications, postage, and shipping | $1,779 |
Other expenses | $50,311 |
Total expenses | $123,098 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $83,662 |
Other assets | $0 |
Total assets | $148,157 |
Total liabilities | $2,692 |
Net assets or fund balances | $145,465 |
Organization Name | Assets | Revenue |
---|---|---|
American Legion Indianapolis, IN | $141,288,704 | $82,016,470 |
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 |