Veterans Of Foreign Wars Of The Uni Ted States Dept Of Maryland
- Assets
- $1.7m
- Revenue
- $449.0k
- Investments
- $0.0
- Employees
- 2
- Location
- Forest Hill, MD
- Founding
- 01/1967
- Data as of
- 06/2023
- EIN
- 52-6071015
Organization Overview
Veterans Of Foreign Wars Of The Uni Ted States Dept Of Maryland is located in Forest Hill, MD. 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. As of 06/2023, Veterans Of Foreign Wars Of The Uni Ted States Dept Of Maryland employed 2 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Veterans Of Foreign Wars Of The Uni Ted States Dept Of Maryland 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 Of The Uni Ted States Dept Of Maryland generated $449.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 22.5% each year . All expenses for the organization totaled $429.2k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THIS ORGANIZATION IS FRATERNAL, PATRIOTIC, HISTORICAL, EDUCATIONAL AND TO PRESERVE AND STRENGTHEN COMRADERY AMONG ITS MEMBERS; TO ASSIST WORTHY COMRADES, TO PERPETUATE THE MEMORY AND HISTORY OF OUR DEAD AND TO ASSIST THEIR WIDOWS AND ORPHANS. TO MAINTAIN TRUE ALLEGIENCE TO THE GOVERNMENT OF THE UNITED STATES OF AMERICA AND TO ITS CONSTITUTION, FLAG AND LAWS; TO FOSTER TRUE PATRIOTISM; TO MAINTAIN AND DEFEND THE INSTITUTION OF AMERICAN FREEDOM, AND TO DEFEND THE UNITED STATES FROM ALL HER ENEMIES, WHOMSOVER, TO TAKE GIFTS AND DEVICE AND PURCHASE, OWN, HOLD, TRANSFER, MORTGAGE, AND LEASE OR RENT REAL AND PERSONAL PROPERTY AND TO DO ALL THINGS NECESSARY, ESSENTIAL, OR CONVENIENT TO CARRY ON THE ACTIVITIES, REHABILITATION, WELFARE AND SOCIAL WORK OF THE POST INCLUDING THE ESTABLISHMENT AND OPERATION OF RECREATION ROOMS AND CLUB FACILITIES FOR THE USE AND COMFORT OF THE MEMBERS OF THE POST, THEIR FAMILIES, AND GUESTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BINGO - TO PROVIDE RECREATIONAL GAMING TO POST MEMBERS, THEIR FAMILIES AND GUESTS.
EXPENSES: UTILITIES SUCH AS HEATING, ELECTRIC, TELEPHONE; REPAIRS TO BUILDING, GROUNDS, AND EQUIPMENT; ACCOUNTING SERVICES; INSURANCE; TAXES. INCOME: FUNDRAISING; ATM COMMISSIONS; RENT RECEIVED
LOUNGE - TO PROVIDE MEMBERSHIP A RECREATIONAL OUTLET IN WHICH TO ENJOY COMRADERY AND SOCIAL EVENTS
SOCIAL HALL - TO PROVIDE A SPACE FOR THE LOCAL NON-PROFIT ORGANIZATIONS SUCH AS BOY AND GIRL SCOUTS, COUNTY RECREATIONAL PROGRAMS, CHURCHES, SCHOOLS AND MEMBERS AND THEIR FAMILIES TO HOLD FUNDRAISERS AND SOCIAL EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John M Knopp Commander | Officer | 25 | $0 |
Crystal Skowron Service Offi | Officer | 10 | $0 |
John Boylan Jr. Vice Com | Officer | 10 | $0 |
Rebecca Holzer Quartermaste | Officer | 20 | $0 |
Kim Hackett Adjutant | Officer | 15 | $0 |
Rose Leftridge Chaplain | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,988 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,746 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,734 |
| Total Program Service Revenue | $410,752 |
| Investment income | $7 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $28,754 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $753 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $449,000 |
| 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 | $28,236 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,281 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,306 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,021 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $115,212 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $269 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $18,850 |
| All other expenses | $250 |
| Total functional expenses | $429,186 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $175,107 |
| Savings and temporary cash investments | $75,755 |
| 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 | $11,278 |
| Net Land, buildings, and equipment | $1,398,392 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,660,532 |
| 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 | $4,357 |
| Total liabilities | $4,357 |
| Net assets without donor restrictions | $1,656,175 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,660,532 |