Veterans Of Foreign Wars Department Of Minnesota

Organization Overview

Veterans Of Foreign Wars Department Of Minnesota is located in Fergus Falls, MN. 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. As of 12/2021, Veterans Of Foreign Wars Department Of Minnesota employed 45 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Veterans Of Foreign Wars Department Of Minnesota 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 12/2021, Veterans Of Foreign Wars Department Of Minnesota generated $814.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $510.8k during the year ending 12/2021. While expenses have increased by 4.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO HONOR, SERVE, AND DEFEND THE UNITED STATES OF AMERICAN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE SUPPORT AND PLACE TO SOCIALIZE FOR VFW MEMBERS AND LOCAL COMMUNITY THROUGH FUNDRAISING, BAR OPERATION, AND LAWFUL GAMBLING OPERATION.


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Board, Officers & Key Employees

Name (title)Compensation
Aaron Christenson
Chaplin
$0
Lucas Lundgren
Adjutant
$0
Mark Sjostrom
Senior Vice Commander
$0
Cameron Hanson
Commander
$0
Gabe Kainz
Junior Vice Commander
$0
Lynette Dornbusch
Quartermaster
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $15,000
All other contributions, gifts, grants, and similar amounts not included above$6,905
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$21,905
Total Program Service Revenue$2,663
Investment income $1,668
Tax Exempt Bond Proceeds $212,937
Royalties $0
Net Rental Income $16,825
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $3,336
Net Income from Gaming Activities $235,674
Net Income from Sales of Inventory $295,983
Miscellaneous Revenue$0
Total Revenue $814,949

Grants Awarded

Over the last fiscal year, Veterans Of Foreign Wars Department Of Minnesota has awarded $10,000 in support to 2 organizations.

Grant RecipientAmount

OPERATION ZERO

PURPOSE: Support Veterans

$5,000

OTTERTAIL COUNTY HISTORICAL SOCIETY

PURPOSE: County Support

$5,000
View Grant Profile

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