Veterans Of Foreign Wars is located in Herkimer, NY. The organization was established in 1972. 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 12/2022, Veterans Of Foreign Wars employed 11 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Veterans Of Foreign Wars is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Veterans Of Foreign Wars generated $76.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $68.3k during the year ending 12/2022. While expenses have increased by 7.7% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO HONOR THE DEAD BY HELPING THE LIVING THROUGH VETERAN SERVICE, NATIONAL SECURITY AND STRONG NATIONAL DEFENSE
Describe the Organization's Program Activity:
Part 3
BAR OPERATIONS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bernard Thompson Trustee | Trustee | 1 | $0 |
Samual Sheffler Trustee | Trustee | 1 | $0 |
Michael Wainwright Trustee | Trustee | 1 | $0 |
Joseph Sweet Commander | Officer | 5 | $0 |
Martin Sorenson Jr Vice Chair | Officer | 1 | $0 |
Fred Randall Quartermaster | Officer | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,141 |
| Total Program Service Revenue | $0 |
| Membership dues | $26,612 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$7,163 |
| Other Revenue | $48,679 |
| Total Revenue | $76,269 |
| 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 | $3,230 |
| Occupancy, rent, utilities, and maintenance | $15,706 |
| Printing, publications, postage, and shipping | $144 |
| Other expenses | $49,190 |
| Total expenses | $68,270 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |