Veterans Of Foreign Wars Department Of Illinois is located in Markham, IL. The organization was established in 1966. 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 Illinois 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 06/2023, Veterans Of Foreign Wars Department Of Illinois generated $76.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 31.4% each year . All expenses for the organization totaled $29.5k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Mc Donald Commander | 30 | $0 | |
William Turner Secretary | 10 | $0 | |
David K Riley Quartermaste | 25 | $0 | |
Athel Jones Director | 10 | $0 | |
Mike Schromen Director | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $600 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $50,400 |
| Other Revenue | $0 |
| Total Revenue | $76,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $4,000 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $10,000 |
| Occupancy, rent, utilities, and maintenance | $15,000 |
| Printing, publications, postage, and shipping | $500 |
| Other expenses | $0 |
| Total expenses | $29,500 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $46,000 |
| Other assets | $0 |
| Total assets | $139,834 |
| Total liabilities | $0 |
| Net assets or fund balances | $139,834 |