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 06/2023, Veterans Of Foreign Wars Dept Of Michigan generated $109.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $97.6k during the year ending 06/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
BENEFITS AND EXPENSES DIRECTLY FOR OR GIVEN TO VETERANS AND THEIR FAMILIES. THOUSANDS OF FAMILIES AND VETERANS ARE SERVED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Billy Stancroff Commander | 30 | $2,324 | |
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 | $21,381 |
Total Program Service Revenue | $0 |
Membership dues | $1,275 |
Investment income | $3 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $23,299 |
Other Revenue | $23,092 |
Total Revenue | $109,167 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $1,071 |
Salaries, other compensation, and employee benefits | $15,280 |
Professional fees and other payments to independent contractors | $4,450 |
Occupancy, rent, utilities, and maintenance | $49,369 |
Printing, publications, postage, and shipping | $1,744 |
Other expenses | $25,709 |
Total expenses | $97,623 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $91,452 |
Other assets | $0 |
Total assets | $158,514 |
Total liabilities | $1,505 |
Net assets or fund balances | $157,009 |