Veterans Of Foreign Wars Department Of New Mexico Of The U S
- Assets
- $419.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 6
- Location
- Ruidoso Downs, NM
- Founding
- 06/1960
- Data as of
- 05/2024
- EIN
- 85-0123009
Organization Overview
Veterans Of Foreign Wars Department Of New Mexico Of The U S is located in Ruidoso Downs, NM. The organization was established in 1960. 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 05/2024, Veterans Of Foreign Wars Department Of New Mexico Of The U S employed 6 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Veterans Of Foreign Wars Department Of New Mexico Of The U S 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 05/2024, Veterans Of Foreign Wars Department Of New Mexico Of The U S generated $188.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $223.3k during the year ending 05/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
VETERANS ORGANIZATION TO ASSIST VETERANS OF US FOREIGN WARS
Describe the Organization's Program Activity:
Part 3
MAINTAIN FULL TIME SERVICE OFFICES AND STAFF TO ASSIST VETERANS.
PUBLISH AND PRINT A BI-MONTHLY NEWSLETTER WITH VETERANS INFORMATION TO APPROXIMATELY 10,724 MEMBERS.
SPONSOR STATEWIDE VOICE OF DEMOCRACY SCHOLARSHIP PROGRAM IN APPROXIMATELY 40 HIGH SCHOOLS AND YOUTH ESSAY PROGRAM IN APPROXIMATELY 50 MIDDLE SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Ravak Commander | 5 | $0 | |
James Haddox Sr Vice Command | 5 | $0 | |
Victoria Haddox Past St Command | 5 | $0 | |
David Fouse Quartermaster | 50 | $0 | |
Mack Dyer Chaplain | 5 | $0 | |
Lenwood Hampton Surgeon | 5 | $6,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $118,807 |
| Total Program Service Revenue | $47,954 |
| Membership dues | $0 |
| Investment income | $9,706 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $11,768 |
| Total Revenue | $187,986 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $109,085 |
| Professional fees and other payments to independent contractors | $1,587 |
| Occupancy, rent, utilities, and maintenance | $7,900 |
| Printing, publications, postage, and shipping | $856 |
| Other expenses | $103,868 |
| Total expenses | $223,296 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $419,640 |
| Other assets | $0 |
| Total assets | $419,874 |
| Total liabilities | $2,706 |
| Net assets or fund balances | $417,168 |