Veterans Of Foreign Wars Department Of Massachusetts is located in Winchester, 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 $157.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $147.7k during the year ending 12/2021. While expenses have increased by 1.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT UNITED STATES VETERANS OF OVERSEAS CONFLICTS ALONG WITH SUPPORTING VETERANS OBSERVANCES AND BENEFITS
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMORIAL DAY AND VETERANS DAY PARADES ALONG WITH OTHER VETERANS OBSERVANCES AND CEREMONIES
VARIOUS DONATIONS TO MANY VETERAN RELATED CAUSES INCLUDING , WOUNDED WARRIOR PROJECT, THE USO, THE FISHER HOUSE, THE COUNCIL OF SOCIAL CONCERN, THE GLEN DOHERTY FOUNDATION, MISSION OF DEEDS, ETC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William J Carroll Quartermaster | Officer | 10 | $13,650 |
Festus Mcdonough Commander | Officer | 4 | $0 |
James Saunders Service Officer | Officer | 1 | $0 |
John O'brien Chaplin | Officer | 1 | $0 |
Mark Ricci Surgeon | Officer | 1 | $0 |
Michael Vozzella Adjutant | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Investment income | $1,005 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $50,786 |
Miscellaneous Revenue | $0 |
Total Revenue | $157,775 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $5,558 |
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. | $13,650 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $52,948 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $7,468 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
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 | $2,180 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $29,681 |
Travel | $2,400 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $645 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,121 |
Insurance | $7,658 |
All other expenses | $0 |
Total functional expenses | $147,682 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $59,706 |
Savings and temporary cash investments | $52,069 |
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 | $5,093 |
Prepaid expenses and deferred charges | $7,598 |
Net Land, buildings, and equipment | $30,141 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $154,607 |
Accounts payable and accrued expenses | $6,416 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $6,416 |
Net assets without donor restrictions | $0 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $148,191 |
Total liabilities and net assets/fund balances | $154,607 |
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 |
Coast Guard Foundation Inc Stonington, CT | $21,630,462 | $10,406,014 |
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 |
Army Aviation Association Of America Inc Monroe, CT | $11,637,681 | $3,912,077 |
Common Defense Civic Engagement New York, NY | $599,694 | $2,910,495 |
American Legion Troy, NY | $13,558,229 | $3,222,198 |