Veterans Of Foreign Wars Dept Of Kentucky
- Assets
- $919.8k
- Revenue
- $326.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Maysville, KY
- Founding
- 09/1958
- Data as of
- 12/2019
- EIN
- 61-0478371
Organization Overview
Veterans Of Foreign Wars Dept Of Kentucky is located in Maysville, KY. The organization was established in 1958. 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 Dept Of Kentucky 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 12/2019, Veterans Of Foreign Wars Dept Of Kentucky generated $326.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $259.0k during the year ending 12/2019. While expenses have increased by 5.7% per year over the past 5 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE THE NEEDS OF VETERANS OF FOREIGN WARS AND THEIR FAMILIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT COMMUNITY AND SCHOOL ORGANIZATIONS SUCH AS ROTC, AMVETS, AND OTHER ORGANIZATIONS TO PROMOTE AWARENESS OF THE ISSUES FACING VETERANS AND ACTIVE COMBAT MEMBERS OF THE MILITARY AND THEIR FAMILIES, AND PROVIDE SUPPORT FOR VETERANS AND THEIR FAMILIES IN TIMES OF NEED.
PROMOTING THE HEALTH AND WELFARE OF VETERANS BY PROVIDING A PLACE IN WHICH TO MAINTAIN CONTACT WITH OTHER VETERANS AND PARTICIPATE IN VETERAN RELATED SOCIAL EVENTS, AS WELL AS PREPARING NEWSLETTERS AND OTHER MATERIALS TO KEEP VETERANS OF FOREIGN WARS IN CONTACT WITH EACH OTHER. ALSO, THE VFW HONORS THE MEMORY OF DECEASED VETERANS BY PERFORMING CEREMONIES AT FUNERALS OF VETERANS.
SUPPORTING NATIONAL VETERANS OF FOREIGN WARS PROGRAMS FOR THE AWARENESS AND IMPROVEMENT OF ISSUES AFFECTING VETERANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eddie Brierly Quartermaste | OfficerTrustee | $0 | |
Bill Boling Jr Vice Comm | OfficerTrustee | $0 | |
Eddie Arendell Commander | OfficerTrustee | $0 | |
Christopher Elie Sr. Vice Com | OfficerTrustee | $0 | |
Doug Jones Trustee | Trustee | $0 | |
Isaac Jones Trustee | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $162,946 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $100,857 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,438 |
| Net Income from Gaming Activities | $61,374 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $326,915 |
| Statement of Expenses | |
|---|---|
| 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 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 | $10,186 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,075 |
| Office expenses | $10,799 |
| Information technology | $4,411 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,953 |
| 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 | $19,485 |
| Insurance | $13,837 |
| All other expenses | $0 |
| Total functional expenses | $258,966 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $383,590 |
| 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 | $8,464 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,046 |
| Total assets | $919,802 |
| 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 | $104,835 |
| Total liabilities | $104,835 |
| 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 |
| Total liabilities and net assets/fund balances | $814,967 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Veterans Of Foreign Wars Of The United States Kansas City, MO | $242,275,685 | $98,113,411 |
American Legion Indianapolis, IN | $141,288,704 | $82,016,470 |
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 |
H E R O E S Care Inc Fenton, MO | $4,492,001 | $18,882,199 |
Air Force Aid Society Inc Arlington, VA | $262,482,165 | $46,086,376 |
Disabled American Veterans Kansas City, MO | $10,841,900 | $17,342,130 |
American Legion Bowling Green, KY | $1,050,755 | $11,898,405 |
The National Military Family Association Alexandria, VA | $8,448,648 | $9,411,080 |
United Service Organizations Inc Fort Myer, VA | $0 | $2,240,114 |