Terry Webb Memorial Vfw Post 1516 Charity Fund is located in Lancaster, OH. The organization was established in 2003. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Terry Webb Memorial Vfw Post 1516 Charity Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Terry Webb Memorial Vfw Post 1516 Charity Fund generated $34.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $40.6k during the year ending 12/2022. While expenses have increased by 13.0% per year over the past 7 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
OVER 90% OF THE MONEY RAISED TO DATE HAS BEEN DONATED TO CHARITIES HELPING FAMILIES AND DOING MEDICAL RESEARCH IN THE FIELDS OF CANCER, MULTIPLE SCLEROSIS & HEART DISEASE. OTHER DONATIONS ASSIST THE ELDERLY WITH PALLIATIVE CARE.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
Michelle Lewis President  | 1 | $0 | |
Linda Veverka Treasurer  | 1 | $0 | |
William Lott Trustee  | 1 | $0 | |
Cheryl Lott Trustee  | 1 | $0 | |
Robert Painter Trustee  | 1 | $0 | |
Joyce Dum Trustee  | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,281 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $0 | 
| Investment income | $5 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $34,286 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $0 | 
| Professional fees and other payments to independent contractors | $225 | 
| Occupancy, rent, utilities, and maintenance | $300 | 
| Printing, publications, postage, and shipping | $0 | 
| Other expenses | $25 | 
| Total expenses | $40,562 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,664 | 
| Other assets | $0 | 
| Total assets | $6,664 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $6,664 |