Disabled American Veterans Of Minnesota Foundation
- Assets
- $5.0m
- Revenue
- $597.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Paul, MN
- Founding
- 11/1994
- Data as of
- 06/2023
- EIN
- 41-1721688
Organization Overview
Disabled American Veterans Of Minnesota Foundation is located in Saint Paul, MN. The organization was established in 1994. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Disabled American Veterans Of Minnesota Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Disabled American Veterans Of Minnesota Foundation generated $597.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $778.6k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Disabled American Veterans Of Minnesota Foundation has awarded 43 individual grants totaling $1,526,113. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING FOR THE REHABILITATION AND CONTINUING WELFARE OF AMERICA'S DISABLED VETERANS AND FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VETERANS OUTDOORS PROGRAM:THE MISSION OF THE DAV OF MN OUTDOORS PROGRAM IS TO PROVIDE DIVERSIFIED OUTDOOR OPPORTUNITIES THAT ENCOURAGES VETERANS WITH DISABILITIES TO PARTICIPATE IN ACTIVITIES THAT INCREASE HAND-EYE COORDINATION, STRENGTH AND ENDURANCE AS WELL AS ENHANCE THEIR QUALITY OF LIFE. THE MISSION OF THIS PROGRAM IS TO PROVIDE RECREATIONAL THERAPY THROUGH EVENTS IN THE OUTDOORS THAT WILL CREATE A POSITIVE EFFECT ON VETERANS AND NOT JUST CREATE A ENTERTAINMENT ENVIRONMENT. THIS FISCAL YEAR, THE FOUNDATION SUPPORTED GETTING OVER 500 VETERANS BACK INTO THE OUTDOORS ACTIVITIES.
TRANSPORTATION:IT IS EXTREMELY IMPORTANT THAT VETERANS ARE ABLE TO RECEIVE THE HEALTH CARE THEY HAVE EARNED FOR THEIR SERVICE TO OUR COUNTRY. THE TRANSPORTATION PROGRAM THAT THE DAV MN FOUNDATION SUPPORTED IS TO INSURING THAT VETERANS RECEIVE "FREE" TRANSPORTATION TO HIS OR HER VA MEDICAL APPOINTMENT. IN THIS FISCAL YEAR, THE FOUNDATION GRANTED FUNDS TO EIGHT DIFFERENT TRANSPORTATION PLATFORMS. HELPING OVER 40,000 DISABLED VETERANS GET TO HIS OR HER MEDICAL APPOINTMENTS.
OTHER VETERANS SERVICES:THE DAV VETERANS SERVICE PROGRAMS PROVIDE A RANGE OF BENEFITS AND SERVICES TO VETERANS AND THEIR FAMILIES INCLUDING HEALTHCARE, EDUCATION, COMPENSATION BENEFITS, QUALITY OF LIFE, RECREATIONAL THERAPY PROGRAMS AND MENTAL WELLNESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joel Schilling Director | Trustee | 3 | $0 |
Kerri Allison Director | Trustee | 3 | $0 |
Dave Valtinson Director | Trustee | 3 | $0 |
Paul Pederson Director | Trustee | 3 | $0 |
Ellsworth Fields Director | Trustee | 3 | $0 |
Scott Berndt Treasurer | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $48,275 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $472,725 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $521,000 |
| Total Program Service Revenue | $0 |
| Investment income | $155,222 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$68,016 |
| Net Income from Fundraising Events | -$10,479 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $597,727 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $454,398 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $76,683 |
| Other salaries and wages | $2,593 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,333 |
| Payroll taxes | $6,290 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $30,340 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $33,962 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,500 |
| Office expenses | $174 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,094 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $778,573 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200,183 |
| Savings and temporary cash investments | $213,265 |
| Pledges and grants receivable | $10,988 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $46,861 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,576,136 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,047,433 |
| Accounts payable and accrued expenses | $133,774 |
| Grants payable | $0 |
| Deferred revenue | $22,272 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $90,265 |
| Total liabilities | $246,311 |
| Net assets without donor restrictions | $3,858,681 |
| Net assets with donor restrictions | $942,441 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,047,433 |
Grants Awarded
Over the last fiscal year, Disabled American Veterans Of Minnesota Foundation has awarded $439,017 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
MINNEAPOLIS VAMC PURPOSE: SUMMER AND WINTER SPORTS CLINICS | $38,757 |
DISABLED AMERICAN VETERANS CHAPTER 38 PURPOSE: GENERAL USE | $50,000 |
DISABLED AMERICAN VETERANS DEPARTMENT OF MINNESOTA INC PURPOSE: OUTDOORS AND TRANSPORTATION | $109,410 |
FARGO VAMC - VAVS PURPOSE: BUSY BAGS | $7,422 |
ST CLOUD VA HEALTH CARE PURPOSE: ST CLOUD VAMC COINS | $5,348 |
DAV NATIONAL SERVICE FOUNDATION PURPOSE: NATIONAL CONVENTION, GOLF CLINIC, WINTER SPORTS CLINIC, DONATED VEHICLE | $140,000 |