Veterans Of Foreign Wars Of The United States Department Of N C is located in Spring Lake, NC. The organization was established in 1965. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Veterans Of Foreign Wars Of The United States Department Of N C 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 06/2022, Veterans Of Foreign Wars Of The United States Department Of N C generated $65.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (37.9%) each year. All expenses for the organization totaled $50.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (36.9%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
VFW POST 4542 HELPS IS VETERAN MEMBERS AND THEIR FAMILIES THROUGH FUNDRAISERS AND DONATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ingrid Turner 1st Year Trustee | 5 | $0 | |
George Reed 2nd Year Trustee | 5 | $0 | |
Elvis Cook 3rd Year Trustee | 5 | $0 | |
Jennifer Hutt Adjutant | 5 | $0 | |
Kenneth Barker Judge Advocate | 5 | $0 | |
Eric Nilsen Surgeon | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $7,779 |
Total Program Service Revenue | $0 |
Membership dues | $4,471 |
Investment income | $2 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $5,129 |
Other Revenue | $6,203 |
Total Revenue | $65,638 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $5,041 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $15,161 |
Printing, publications, postage, and shipping | $282 |
Other expenses | $30,059 |
Total expenses | $50,543 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $34,241 |
Other assets | $0 |
Total assets | $129,410 |
Total liabilities | $301 |
Net assets or fund balances | $129,109 |
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