Veterans Of Foreign Wars Of The United States Dept Of Tennessee
- Assets
- $475.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Johnson City, TN
- Founding
- 11/1964
- Data as of
- 12/2021
- EIN
- 62-0522506
Organization Overview
Veterans Of Foreign Wars Of The United States Dept Of Tennessee is located in Johnson City, TN. The organization was established in 1964. 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 Tennessee 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 Tennessee generated $80.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $60.5k during the year ending 12/2021. While expenses have increased by 6.4% per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gerald L Huff Trustee | 0 | $0 | |
Dorothy C Mckee Quartermaster | 0 | $0 | |
Kyle Payne Trustee | 0 | $0 | |
Terrance J Miles Commander | 0 | $0 | |
Robert L Hansard Senior Vice Commander | 0 | $0 | |
Gary A Fellers Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,943 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,464 |
| Investment income | $118 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $12,463 |
| Total Revenue | $80,898 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,424 |
| Professional fees and other payments to independent contractors | $2,050 |
| Occupancy, rent, utilities, and maintenance | $26,395 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,551 |
| Total expenses | $60,535 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,241 |
| Other assets | $0 |
| Total assets | $475,485 |
| Total liabilities | $7,209 |
| Net assets or fund balances | $468,276 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Veterans Of Foreign Wars Of The United States Auxillary Kansas City, MO | $115,995,007 | $13,500,016 |
Women In Military Service For America Memorial Foundation Inc Arlington, VA | $11,722,569 | $5,876,595 |
Young Marines Of The Marine Corps League Dumfries, VA | $6,204,129 | $6,595,765 |
Coast Guard Mutual Assistance Incorporated Arlington, VA | $53,600,951 | $7,292,457 |
Navy League Of The United States National Headquarters Arlington, VA | $72,874,046 | $1,354,328 |
Team Red White & Blue Inc Atlanta, GA | $10,402,897 | $10,336,911 |
Veterans Community Project Kansas City, MO | $14,262,405 | $11,060,934 |