Veterans Of Foreign Wars Post 8307 is located in Layton, UT. The organization was established in 1975. 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 Post 8307 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 06/2023, Veterans Of Foreign Wars Post 8307 generated $57.5k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $59.1k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (9.0%) per year over the past 3 years. 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
2023
Describe the Organization's Program Activity:
Part 3
TO ASSIST VETERANS, BOTH WITH VA CLAIMS AND SUPPORT; TO PROVIDE SOCIAL CONTACT/COMRADESHIP WITH VETERANS; AND TO PROVIDE PATRIOTIC COMMUNITY SERVICE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Ludwick Commander | 15 | $0 | |
Steven Thurgood Quartermaster | 20 | $0 | |
William Hall Committee Chairman | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $12,979 |
Total Program Service Revenue | $0 |
Membership dues | $4,573 |
Investment income | $153 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $6,764 |
Total Revenue | $57,474 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $18,793 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $33,817 |
Printing, publications, postage, and shipping | $56 |
Other expenses | $6,450 |
Total expenses | $59,116 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $11,364 |
Other assets | $0 |
Total assets | $29,451 |
Total liabilities | $396 |
Net assets or fund balances | $29,055 |