Veterans Of Foreign Wars Department Of New Mexico Of The U S
- Assets
- $115.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clayton, NM
- Founding
- 06/1960
- Data as of
- 05/2022
- EIN
- 85-6011500
Organization Overview
Veterans Of Foreign Wars Department Of New Mexico Of The U S is located in Clayton, 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. This organization is a subordinate organization within 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 05/2022, Veterans Of Foreign Wars Department Of New Mexico Of The U S generated $23.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.7%) each year. All expenses for the organization totaled $31.0k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (9.3%) per year over the past 7 years. 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 |
|---|---|---|---|
Robert Holland Adjutant | 5 | $0 | |
Winfield Scott Chaplain | 5 | $0 | |
Mel Dethlefs Commander | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,424 |
| Total Program Service Revenue | $0 |
| Membership dues | $380 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $23,388 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $541 |
| Occupancy, rent, utilities, and maintenance | $13,031 |
| Printing, publications, postage, and shipping | $121 |
| Other expenses | $17,341 |
| Total expenses | $31,034 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,269 |
| Other assets | $0 |
| Total assets | $115,480 |
| Total liabilities | $116,489 |
| Net assets or fund balances | -$1,009 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Veterans Of Foreign Wars Of The United States Dept Of Texas Austin, TX | $10,604,149 | $6,677,704 |
Military Wellness Initiative Dallas, TX | $2,428,709 | $3,600,000 |
American Legion Clovis, NM | $323,823 | $3,104,581 |
Combat Marine Outdoors Inc Houston, TX | $1,866,228 | $2,870,312 |
A Sanctuary For Military Families Inc Granby, CO | $1,662,699 | $1,856,266 |
American Legion Clovis, NM | $235,874 | $1,801,640 |
Veterans Of Foreign Wars Of The United States Dept Of Texas Copperas Cve, TX | $546,071 | $1,909,310 |
American Legion Austin, TX | $7,412,004 | $1,863,301 |
Wish For Our Heroes Inc San Antonio, TX | $1,716,093 | $1,811,976 |
American Legion Apache Junction, AZ | $3,212,238 | $3,405,557 |
Paralyzed Veterans Of America Phoenix, AZ | $1,356,804 | $1,158,050 |
Veterans Of Foreign Wars Of The United States Dept Of Texas Georgetown, TX | $401,147 | $1,318,650 |