Veterans Of Foreign Wars Department Of Illinois
- Assets
- $88.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Downers Grove, IL
- Founding
- 06/1966
- Data as of
- 06/2023
- EIN
- 36-6144942
Organization Overview
Veterans Of Foreign Wars Department Of Illinois is located in Downers Grove, 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 $31.8k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $35.9k during the year ending 06/2023. While expenses have increased by 4.0% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William M Snyder Commander | 25 | $0 | |
Ronald A Denova Senior Vice Commander | 20 | $0 | |
John E Meek Junior Vice Commander | 15 | $0 | |
William J Gardner Quartermaster - Treasurer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,137 |
| Total Program Service Revenue | $0 |
| Membership dues | $604 |
| Investment income | $10,800 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $31,781 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $66 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $34,644 |
| Printing, publications, postage, and shipping | $12 |
| Other expenses | $0 |
| Total expenses | $35,914 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,586 |
| Other assets | $0 |
| Total assets | $88,839 |
| Total liabilities | $0 |
| Net assets or fund balances | $88,839 |