Veterans Of Foreign Wars Of The United States Dept Of Oklahoma
- Assets
- $593.5k
- Revenue
- $84.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Muskogee, OK
- Founding
- 11/1985
- Data as of
- 12/2023
- EIN
- 73-0658518
Organization Overview
Veterans Of Foreign Wars Of The United States Dept Of Oklahoma, operating under the name Yank Tipton Vfw Post 474, is located in Muskogee, OK. The organization was established in 1985. 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 12/2023, Yank Tipton Vfw Post 474 employed 3 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Yank Tipton Vfw Post 474 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 12/2023, Yank Tipton Vfw Post 474 generated $84.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $130.0k during the year ending 12/2023. While expenses have increased by 11.5% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SERVICES TO VETERANS AND THEIR FAMILIES, HONOR GUARD FOR DECEASED MEMBERS OF THE SERVICES, VETERANS RELIEF, AND COMFORT ITEMS FOR HOSPITALIZED VETERANS OF THE LOCAL VA HOSPITAL, AND FINANCIAL SUPPORT TO THE VETERAN'S CHILDREN HOME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
POST CANTEEN SERVICE IS OPEN TO VETERANS, THEIR FAMILY MEMBERS, AND THE SUPPORTIVE PUBLIC 4 DAYS A WEEK TO GENERATE FUNDING TO BE USED FOR VETERANS SERVICES, RELIEF, AND SUPPORT OF THE VETERAN'S CHILDREN HOME. THIS ALSO INCLUDES THE POST HALL, THAT WAS USED FOR VETERANS ACTIVITIES, SUCH AS AWARD CEREMONIES, ACKNOWLEDGEMENTS, DISTRICT MEETINGS, AND VETERANS RECOGNITION ACTIVITIES. PERSONS HELPED OR ASSISTED WITH OUR SERVICES ARE ESTIMATED AT 20-25 THOUSAND INPATIENTS, AND 10-15 OUTPATIENTS. WE EXPECT THESE NE=UMBERS TO CONTINUALLY GROW WITH THE OPENING OF THE BARRACKS, AN ASSISTANT LIVING FACILITY, AND POSSIBLY A NEW VA NURSING HOME BEING PROPOSED IN THE MUSKOGEE COUNTY AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tony Scoggins Bartendar | Officer | 25 | $8,126 |
Michelle Scoggins Bartendar | Officer | 14 | $5,910 |
Ivan Goad Trustee | Trustee | 4 | $0 |
Dan Chepkaukas Trustee | Trustee | 4 | $0 |
Dennis Morton Commander | Officer | 4 | $0 |
Michael Zaleski Quartermaster | Officer | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,770 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,770 |
| Total Program Service Revenue | $0 |
| Investment income | $14,573 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $66,234 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $84,577 |
| 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 | $1,753 |
| Compensation of current officers, directors, key employees. | $14,035 |
| 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 | $3,588 |
| Fees for services: Management | $6,500 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,375 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,200 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,658 |
| Information technology | $22,394 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,150 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $21,525 |
| All other expenses | $50,839 |
| Total functional expenses | $130,017 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,675 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,547 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $25,895 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $550,000 |
| Investments—publicly traded securities | $3,420 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $593,537 |
| Accounts payable and accrued expenses | $18,273 |
| 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 | $18,273 |
| 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 | $550,000 |
| Retained earnings, endowment, accumulated income, or other funds | $25,264 |
| Total liabilities and net assets/fund balances | $593,537 |