Lawton Korean War Veterans Association
- Assets
- $65.8k
- Revenue
- -$9.8k
- Investments
- $0.0
- Employees
- 4
- Location
- Lawton, OK
- Founding
- 09/2011
- Data as of
- 12/2022
- EIN
- 27-4616388
Organization Overview
Lawton Korean War Veterans Association is located in Lawton, OK. The organization was established in 2011. 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, Lawton Korean War Veterans Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lawton Korean War Veterans Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE, INITIATE, PLAN, DIRECT AND COORDINATE EDUCATIONAL PROGRAMS ON THE HISTORY OF THE KOREAN WAR, THE CONTINUING PRESENCE OF THE AMERICAN FORCES IN SOUTH KOREA AND THE ONGOING EFFORTS TO PURSUE AN ACCEPTABLE RESOLUTION CONCERNING THE FATE OF THE POW/MIA'S FOR THAT WAR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE, PLAN, DIRECT AND COORDINATE THE FUNDING, CONSTRUCTION, DEDICATION, AND MAINTENANCE OF KOREAN WAR MEMORIALS IN SUCH LOCATIONS AS DIRECTED BY THE MEMBERS OF THE ORGANIZATION
THE ORGANIZATION PROVIDED SUPPORT TO SEVERAL LOCAL CHARITIES IN ORDER TO PROMOTE COMMUNITY AWARENESS OF THE ORGANIZATION AND THE KOREAN WAR MEMORIALS THE ORGANIZATION FUNDS, CONSTRUCTS AND MAINTAINS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron Boone President | OfficerTrustee | 2 | $0 |
Horace Whetstone Vp/secretary/treasurer | OfficerTrustee | 2 | $0 |
Gerald Houghton Director | Trustee | 1 | $0 |
Gail South Director | Trustee | 1 | $0 |
William Mcdonald Director | Trustee | 1 | $0 |
Financial Statements
| 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 | $102 |
| 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 | -$9,890 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | -$9,788 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,200 |
| 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. | $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 | $0 |
| Office expenses | $564 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,700 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $11,414 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,925 |
| Savings and temporary cash investments | $6,229 |
| 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 | $675 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $65,829 |
| Accounts payable and accrued expenses | $470 |
| 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 | $470 |
| 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 | $65,359 |
| Total liabilities and net assets/fund balances | $65,829 |