Veterans Of Foreign Wars Of The United States Dept Of Nc is located in Waynesville, 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 Dept Of NC 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, Veterans Of Foreign Wars Of The United States Dept Of NC generated $197.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $139.0k during the year ending 12/2021. While expenses have increased by 1.7% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
THE VFW IS A FATERNAL, PATRIOTIC, HISTORICAL AND CHARITABLE ORGANIZATION. IT SERVES TO PRESERVE AND STRENGTHEN COMRADSHIP AMONG MEMBERS AND ASSIST VETERANS AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VETERANS UNABLE TO PAY FOR MEALS OR FOOD ARE FED FREE. ALL VETERANS ARE PROVIDED MEALS ON BOTH MEMORIAL DAY AND VETERANS DAY AT NO COST. VETERANS NEEDING MEDICAL OR FINANCIAL ASSISTANCE ARE PROVIDED THAT ASSISTANCE. THE POST PREPARES AND DELIVERS MEALS ON CHRISTMAS EVE TO ALL PARTICIPANTS OF THE MEALS ON WHEELS PROGRAM IN THE COUNTY. THE POST HAS A CANTEEN OR KITCHEN THAT ONLY MEMBERS ARE ALLOWED. FOOD AND ENTERTAINMENT IS PROVIDED THROUGH THIS RESOURCE. INCOME IS USED TO SUPPORT ACTIVITIES ALONE WITH THE ROUTINE COST AND EXPENSES OF THE POST. THEY ALSO PROVIDE MEALS TO THE HONOR GUARD FOLLOWING EACH MILITARY FUNERAL SERVICE. POST MEMBERS PROVIDE TRANSPORTATION FOR VETERANS TO AN FROM THE VA HOSPITAL FOR APPOINTMENTS OR MEDICAL TREATMENT. CHAPLAINS DO HOSPITAL AND NURSING HOME VISITATIONS. THE POST SUPPORTS THE ANNUAL STANDDOWN WHICH PROVIDES DENTAL ASSISTANCE, MEDICAL RESOURSES AND, HOUSING ASSISTANCE FOR VETERANS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bobby Rathbone Commander | Officer | 25 | $0 |
Robert Clapp Senior Vice Commander | Officer | 10 | $0 |
James Danek Junior Vice Commander | Officer | 10 | $0 |
Gary Bolden Quartermaster | Officer | 10 | $0 |
Madi Neri Quartermaster Assist | Officer | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $1,018 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $285 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,303 |
Total Program Service Revenue | $123,756 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $5,100 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $180 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $67,340 |
Miscellaneous Revenue | $0 |
Total Revenue | $197,679 |
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 | $350 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $41,405 |
Advertising and promotion | $0 |
Office expenses | $1,545 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $14,842 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $289 |
Interest | $0 |
Payments to affiliates | $1,772 |
Depreciation, depletion, and amortization | $12,944 |
Insurance | $3,457 |
All other expenses | $11,247 |
Total functional expenses | $139,040 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $72,977 |
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 | $416,320 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $489,297 |
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 | $0 |
Total liabilities and net assets/fund balances | $489,297 |
Organization Name | Assets | Revenue |
---|---|---|
Army Emergency Relief Arlington, VA | $416,891,741 | $42,370,093 |
Navy-Marine Corps Relief Society Arlington, VA | $160,427,961 | $29,210,374 |
Military Officers Association Of America Alexandria, VA | $184,530,638 | $38,032,797 |
Military Order Of The Purple Heart Service Foundation Inc Annandale, VA | $2,548,586 | $20,677,650 |
Air Force Aid Society Inc Arlington, VA | $262,482,165 | $46,086,376 |
The National Military Family Association Alexandria, VA | $8,448,648 | $9,411,080 |
United Service Organizations Inc Fort Myer, VA | $0 | $2,240,114 |
The Independence Fund Inc Charlotte, NC | $7,812,789 | $8,567,110 |
Marine Corps Association Quantico, VA | $17,818,262 | $7,455,788 |
Armed Services Mutual Benefit Association Goodlettsville, TN | $55,566,131 | $7,665,042 |
U S Naval Sea Cadet Corps Arlington, VA | $6,985,927 | $8,234,482 |
Women In Military Service For America Memorial Foundation Inc Arlington, VA | $11,722,569 | $5,876,595 |