Veterans Of Foreign Wars Department Of Massachusetts is located in Millbury, MA. 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. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Veterans Of Foreign Wars Department Of Massachusetts 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 12/2021, Veterans Of Foreign Wars Department Of Massachusetts generated $68.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $65.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
MEMORIAL DAY CELEBRATION, EXPENSES INCLUDE LUNCHEON FOR ALL PARADE MARCHERSAWARDS, OTHER EVENTS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Mousseau Quartermaster | 3 | $0 | |
David Knight Sr Vice Commander | 1 | $0 | |
Kenneth Schold Jr Vice Commander | 1 | $0 | |
Robert Roy Commander | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $250 |
| Total Program Service Revenue | $0 |
| Membership dues | $982 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $23,406 |
| Other Revenue | $33,149 |
| Total Revenue | $68,784 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,131 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $11,560 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $35,659 |
| Total expenses | $65,350 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,347 |
| Other assets | $0 |
| Total assets | $160,039 |
| Total liabilities | $13,104 |
| Net assets or fund balances | $146,935 |