Veterans Of Foreign Wars Of The United States Department Of New Yo
- Assets
- $568.7k
- Revenue
- $74.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Remsen, NY
- Founding
- 10/1972
- Data as of
- 06/2022
- EIN
- 16-1359779
Organization Overview
Veterans Of Foreign Wars Of The United States Department Of New Yo, operating under the name 982 Vfw-Ny, is located in Remsen, 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. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. 982 Vfw-Ny 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 06/2022, 982 Vfw-Ny generated $74.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 26.2% each year . All expenses for the organization totaled $31.7k during the year ending 06/2022. While expenses have increased by 3.1% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FATERNAL PATRIOTIC, HISTORICAL AND EDUCATIONAL ORGANIZATION. PROVIDE ASSISTANCE TO VETERANS, THEIR FAMILIES AND WORK WITH THE COMMUNITY LEADERS FOR BETTERMENT OF THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FATERNAL PATRIOTIC, HISTORICAL AND EDUCATIONAL ORGANIZATION. [ROVIDE ASSISTANCE TO VETERANS, THEIR FAMILIES AND WORK WITH THE COMMUNITY LEADERS FOR THE BETTERMENT OF THE COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Gonyea Trustee | Trustee | 0 | $0 |
Laura L Perry Chaplain | Officer | 0 | $0 |
Benedict Poczatek Judge Advocate | Officer | 0 | $0 |
John E Fox Service Officer & Trustee | Officer | 0 | $0 |
William J Miller Trustee & Dir | Officer | 0 | $0 |
Aaron C Alcorta Senior Vice | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,251 |
| Investment income | $44 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $185 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $39,543 |
| Net Income from Sales of Inventory | $30,611 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $74,634 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $825 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $296 |
| Office expenses | $630 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,329 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $45 |
| Interest | $0 |
| Payments to affiliates | $399 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,719 |
| All other expenses | $0 |
| Total functional expenses | $31,712 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,690 |
| Savings and temporary cash investments | $42,996 |
| 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 | $568,686 |
| Accounts payable and accrued expenses | $740 |
| Grants payable | $1,100 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $500,000 |
| 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 | $1,840 |
| 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 | $66,846 |
| Total liabilities and net assets/fund balances | $566,846 |