Veterans Of Foreign Wars Of The Us Dept Of N Y Newstead Memorial
- Assets
- $141.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Akron, NY
- Founding
- 10/1972
- Data as of
- 12/2023
- EIN
- 23-7331892
Organization Overview
Veterans Of Foreign Wars Of The Us Dept Of N Y Newstead Memorial is located in Akron, 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. Veterans Of Foreign Wars Of The Us Dept Of N Y Newstead Memorial 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 12/2023, Veterans Of Foreign Wars Of The Us Dept Of N Y Newstead Memorial generated $174.7k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 25.4% each year . All expenses for the organization totaled $53.6k during the year ending 12/2023. While expenses have increased by 8.1% per year over the past 9 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian W Murray Commander | 16 | $0 | |
Frank J Falkowski Senior Vice Commander | 12 | $0 | |
Robert W Ayler Junior Vice Commander | 2 | $0 | |
Joseph M Dugan Quartermaster | 12 | $0 | |
Govan A Hill 1 Year Trustee | 0 | $0 | |
Michael J Caple 2 Year Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,719 |
| Total Program Service Revenue | $0 |
| Membership dues | $337 |
| Investment income | $3,789 |
| Gain or Loss | $168,186 |
| Net Income from Gaming & Fundraising | -$356 |
| Other Revenue | $0 |
| Total Revenue | $174,675 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $90 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,563 |
| Occupancy, rent, utilities, and maintenance | $596 |
| Printing, publications, postage, and shipping | $63 |
| Other expenses | $646 |
| Total expenses | $53,558 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $141,631 |
| Other assets | $0 |
| Total assets | $141,631 |
| Total liabilities | $0 |
| Net assets or fund balances | $141,631 |