Veterans Of Foreign Wars Department Of Illinois is located in Quincy, IL. The organization was established in 1964. 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 06/2024, Veterans Of Foreign Wars Department Of Illinois generated $51.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $70.7k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
TO SUPPORT VETERANS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Watkins Quartermaste | 0 | $0 | |
Jerome L Gille Commander | 0 | $0 | |
Luke Jacobs Junior Vice | 0 | $0 | |
Mitchell Coons Senior Vice | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,627 |
| Investment income | $359 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $33,842 |
| Other Revenue | $9,544 |
| Total Revenue | $51,321 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $21,054 |
| Professional fees and other payments to independent contractors | $2,545 |
| Occupancy, rent, utilities, and maintenance | $36,130 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,972 |
| Total expenses | $70,701 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $90,056 |
| Other assets | $0 |
| Total assets | $121,812 |
| Total liabilities | $600 |
| Net assets or fund balances | $121,212 |