Veterans Of Foreign Wars Of The United States Dept Of Vermont
- Assets
- $211.8k
- Revenue
- $84.3k
- Investments
- $0.0
- Employees
- 7
- Location
- Burlington, VT
- Founding
- 09/1965
- Data as of
- 06/2019
- EIN
- 03-0149413
Organization Overview
Veterans Of Foreign Wars Of The United States Dept Of Vermont is located in Burlington, VT. The organization was established in 1965. 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 06/2018, Veterans Of Foreign Wars Of The United States Dept Of Vermont employed 7 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Veterans Of Foreign Wars Of The United States Dept Of Vermont 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 06/2019, Veterans Of Foreign Wars Of The United States Dept Of Vermont generated $84.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (12.4%) each year. All expenses for the organization totaled $123.7k during the year ending 06/2019. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 5 years. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE VETERANS OF FOREIGN WARS OF THE UNITED STATES IS TO PRESERVE AND SUPPORT THE PATRIOTIC AND HISTORICAL INTERESTS IN OUR COUNTRY, OUR COMMUNITIES AND OUR VETERANS, TO STRENGTHEN THE COMMON BONDS OF THE MEN AND WOMEN WHO HAVE SERVED AND WHO ARE CURRENTLY SERVING IN OUR MILITARY, TO ASSIST THEM AND THEIR FAMILIES, TO ENHANCE THEIR QUALITY OF LIFE, AND TO MAINTAIN TRUE ALLEGIANCE TO THE CONSTITUTION AND LAWS OF THE UNITED STATES OF AMERICA AND DEFEND HER FROM ALL ENEMIES. WE ACCOMPLISH OUR MISSION BY PERPETUATING THE MEMORY OF OUR DEAD THROUGH PUBLIC AND PRIVATE ACTS OF REMEMBRANCE, PRESERVING AND DEFENDING THE HONOR, INTEGRITY, AND RIGHTS OF ALL VETERANS AND THOSE CURRENTLY SERVING IN THE MILITARY, FOSTERING PATRIOTISM THROUGH EDUCATION AND VOLUNTEERISM WITH THE COMMUNITY, AND AVOCATING TO A STRONG NATIONAL DEFENSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ASSIST DISABLED AND NEEDY WAR VETERANS AND MEMBERS OF THE ARMED FORCES OF THE UNITED STATES AND THEIR DEPENDENTS, AND THE WIDOWS OF DECEASED VETERANS
TO PROVIDE ENTERTAINMENT, CARE, AND ASSISTANCE TO HOSPITALIZED VETERANS OR MEMBERS OF THE ARMED FORCES OF THE UNITED STATES.
TO CARRY ON PROGRAMS TO PERPETUATE THE MEMORY OF DECEASED VETERANS AND MEMBERS OF THE ARMED FORCES OF THE UNITED STATES AND TO COMFORT THEIR SURVIVORS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicolas Thornbro Sr Vice Command | Officer | 15 | $0 |
Kevin Hough Jr Vice Command | Officer | 15 | $0 |
Allston J Gilmond Quartermaster | Officer | 15 | $0 |
Armand Fournier Trustee | Officer | 15 | $0 |
Michelle Caver Commander | Officer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,433 |
| Investment income | $2 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $3,574 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $62,113 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $84,294 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $37,392 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,111 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $537 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $42,751 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,848 |
| Insurance | $14,462 |
| All other expenses | $0 |
| Total functional expenses | $123,690 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,306 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $211,824 |
| Accounts payable and accrued expenses | $0 |
| 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 | $55,793 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $55,793 |
| Net assets without donor restrictions | $156,031 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $156,031 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Black Veterans For Social Justice Inc Brooklyn, NY | $26,444,662 | $57,468,816 |
Massachusetts Military Support Foundation Inc Buzzards Bay, MA | $507,512 | $41,377,532 |
Soldier On Inc Pittsfield, MA | $26,254,508 | $13,386,266 |
Americas Vetdogs The Veterans K9 Corps Inc Smithtown, NY | $4,103,216 | $9,390,820 |
United Spinal Association Inc Kew Gardens, NY | $8,457,849 | $8,910,555 |
Usa Veteran And Military Support Foundation Inc Buzzards Bay, MA | $1,068 | $7,423,561 |
Veterans North East Outreach Center Inc Haverhill, MA | $8,243,940 | $5,723,835 |
Veterans Outreach Center Inc Rochester, NY | $10,292,940 | $5,967,513 |
Common Defense Civic Engagement New York, NY | $599,694 | $2,910,495 |
American Legion Troy, NY | $13,558,229 | $3,222,198 |
United War Veterans Council Inc New York, NY | $437,790 | $1,827,572 |
Southeastern Massachusetts Veterans Housing Program Inc New Bedford, MA | $3,405,175 | $1,838,019 |