Walter Reed Society
- Assets
- $2.3m
- Revenue
- $313.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 01/1997
- Data as of
- 12/2022
- EIN
- 52-1961196
Organization Overview
Walter Reed Society is located in Bethesda, MD. The organization was established in 1997. According to its NTEE Classification (E19) the organization is classified as: Support N.E.C., under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Walter Reed Society 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 12/2022, Walter Reed Society generated $313.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $253.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Walter Reed Society has awarded 18 individual grants totaling $223,323. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT TO WOUNDED SOLDIERS AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WARRIOR/FAMILY SUPPORT FUND (WFSF) - THROUGH THE GENEROUS SUPPORT OF CORPORATE AND PRIVATE DONORS, A FUND WAS ESTABLISHED IN 2004 TO ASSIST SERVICEMEN AND WOMEN BEING TREATED AT WRNMMC DUE TO SERVICE IN IRAQ, AFGHANISTAN AND SURROUNDING AREAS. THE FUND HELPS THEM WITH UNEXPECTED FINANCIAL NEEDS AND PROVIDES THEM WITH SPECIALLY IDENTIFIED EQUIPMENT AND SERVICES RELATED TO THEIR CARE WHEN OTHER RESOURCES ARE NOT AVAILABLE. THE SOCIETY EXPANDED IN 2020 TO INCLUDE MILITARY FACILITIES IN THE NATIONAL CAPITAL REGION. SINCE ITS INCEPTION, HUNDREDS OF SERVICE MEMBERS AND/OR THEIR FAMILIES HAVE RECEIVED ASSISTANCE FROM THE SOCIETY WARRIOR/FAMILY SUPPORT FUND.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Col John Pierce Ret President | OfficerTrustee | 2 | $0 |
Col Brian Foley Ret 1st Vice President | OfficerTrustee | 1 | $0 |
Ltc John Wetterau Ret Treasurer | OfficerTrustee | 10 | $0 |
Col R Edward Coll Secretary As Of November | OfficerTrustee | 1 | $0 |
Sgm Daniel Bullis Ret VP For Patient Services | Trustee | 1.5 | $0 |
Col R S Avery Davis VP For Projects | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,050 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $264,221 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $268,271 |
| Total Program Service Revenue | $11,155 |
| Investment income | $46,011 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$12,146 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $313,291 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $74,410 |
| Grants and other assistance to domestic individuals. | $45,442 |
| 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 | $12,480 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,967 |
| Fees for services: Other | $19,237 |
| Advertising and promotion | $7,489 |
| Office expenses | $8,829 |
| Information technology | $5,598 |
| Royalties | $0 |
| Occupancy | $24,840 |
| Travel | $6,913 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $29,142 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,452 |
| All other expenses | $3,762 |
| Total functional expenses | $253,561 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $443 |
| Savings and temporary cash investments | $985,843 |
| Pledges and grants receivable | $153,270 |
| 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 | $9,134 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,160,670 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,309,360 |
| Accounts payable and accrued expenses | $1,274 |
| 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 | $1,274 |
| Net assets without donor restrictions | $2,294,122 |
| Net assets with donor restrictions | $13,964 |
| 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 | $2,309,360 |
Grants Awarded
Over the last fiscal year, Walter Reed Society has awarded $40,390 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
NAVY LODGE PURPOSE: TO COVER THE LODING COSTS OF WOUNDED SOLDIERS AND VETERANS. | $10,165 |
THE KEY PURPOSE: LODGING SERVICES- ROSE M. | $10,230 |
LOWE'S PURPOSE: LOWE'S WASHER FOR THE FISHER HOUSE | $5,748 |
NUMOTION PURPOSE: GRANT- MOBILITY SOLUTIONS, WHEELCHAIRS FOR MSG SF/JC | $8,874 |
MONG LOR PURPOSE: GRANT TO LDGING FOR MONG LOR | $5,373 |