Northeast Montana Veterans Memorial Fund is located in Glasgow, MT. The organization was established in 2014. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Northeast Montana Veterans Memorial Fund 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, Northeast Montana Veterans Memorial Fund generated $31.5k 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 (28.9%) each year. All expenses for the organization totaled $28.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PURPOSE IS TO PROMOTE, DEVELOP AND FUND, DESIGN, BUILD AND MAINTAIN A PERMANENT VETERANS MEMORIAL IN NORTHEAST MONTANA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PURPOSE IS TO PROMOTE, DEVELOP AND FUND, DESIGN, BUILD AND MAINTAIN A PERMANENT VETERANS MEMORIAL IN NORTHEAST MONTANA.
FUNDRAISING TO PROVIDE THE FUNDS FOR THE DESIGNING, BUILDING AND MAINTENANCE OF A PERMANENT VETERANS MEMORIAL IN NORTHEAST MONTANA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeff Cole Vice President | Officer | 10 | $0 |
Dale Bender Historian | Officer | 10 | $0 |
Donald Gudgell Board Member | Officer | 10 | $0 |
Ann Kulczyk Board Member | Officer | 10 | $0 |
Marilyn Widhalm Secretary | Officer | 10 | $0 |
James Rector Board Member | Officer | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $1,450 |
Investment income | $672 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $29,411 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $31,533 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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 | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $380 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $100 |
Advertising and promotion | $0 |
Office expenses | $526 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $135 |
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 | $14,880 |
Insurance | $4,959 |
All other expenses | $0 |
Total functional expenses | $28,150 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $149,514 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
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 | $0 |
Net Land, buildings, and equipment | $847,994 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $150,856 |
Total assets | $1,148,364 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
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 | $1,148,364 |
Total liabilities and net assets/fund balances | $1,148,364 |
Over the last fiscal year, we have identified 2 grants that Northeast Montana Veterans Memorial Fund has recieved totaling $40,000.
Awarding Organization | Amount |
---|---|
Dennis R Washington Foundation Inc Missoula, MT PURPOSE: NORTHEAST MONTANA VETERANS MEMORIAL PARK | $25,000 |
Treacy Company Helena, MT PURPOSE: ASSIST WITH FLAG POLES PURCHASE. | $15,000 |
Organization Name | Assets | Revenue |
---|---|---|
Veterans Club Kenmare, ND | $1,486,143 | $2,790,806 |
Department Of Montana Veterans Of Foreign Wars Of The United States Whitefish, MT | $302,149 | $1,134,597 |
Big Sky Bravery Foundation Bozeman, MT | $1,728,012 | $2,494,375 |
South Dakota Military Heritage Alliance Inc Sioux Falls, SD | $11,375,976 | $3,644,331 |
Legion Oasis Butte, MT | $1,796,727 | $1,100,949 |
Rocky Boy Veterans Center Box Elder, MT | $339,464 | $950,502 |
American Legion Post 91 Of New Salem New Salem, ND | $1,282,127 | $1,373,595 |
Department Of Montana Veterans Of Foreign Wars Of The United States Kalispell, MT | $1,139,558 | $837,996 |
Veterans Of Foreign Wars Of The United States Dept Of South Dakota Britton, SD | $337,178 | $592,686 |
American Legion Box Elder, MT | $2 | $554,589 |
American Legion Gillette, WY | $679,145 | $606,658 |
American Legion Watertown, SD | $1,107,236 | $564,690 |