Walter Reed Society
- Assets
- $2.5m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 01/1997
- Data as of
- 12/2021
- EIN
- 52-1961196
Organization Overview
Walter Reed Society is located in Bethesda, MD. The organization was established in 1997. According to its NTEE Classification (E19) the organization is classified as: Support N.E.C., 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. Walter Reed Society 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 12/2021, Walter Reed Society generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.6% each year . All expenses for the organization totaled $200.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Walter Reed Society has awarded 13 individual grants totaling $182,933. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT TO WOUNDED SOLDIERS AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WARRIOR/FAMILY SUPPORT FUND (WFSF) - THROUGH THE GENEROUS SUPPORT OF CORPORATE AND PRIVATE DONORS, A FUND WAS ESTABLISHED IN 2004 TO ASSIST SERVICEMEN AND WOMEN BEING TREATED AT WRNMMC DUE TO SERVICE IN IRAQ, AFGHANISTAN AND SURROUNDING AREAS. THE FUND HELPS THEM WITH UNEXPECTED FINANCIAL NEEDS AND PROVIDES THEM WITH SPECIALLY IDENTIFIED EQUIPMENT AND SERVICES RELATED TO THEIR CARE WHEN OTHER RESOURCES ARE NOT AVAILABLE. THE SOCIETY EXPANDED IN 2020 TO INCLUDE MILITARY FACILITIES IN THE NATIONAL CAPITAL REGION. SINCE ITS INCEPTION, HUNDREDS OF SERVICE MEMBERS AND/OR THEIR FAMILIES HAVE RECEIVED ASSISTANCE FROM THE SOCIETY WARRIOR/FAMILY SUPPORT FUND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Col John Pierce Ret President | OfficerTrustee | 2 | $0 |
Col Brian Foley Ret 1st Vice President | OfficerTrustee | 1 | $0 |
Ltc John Wetterau Ret Treasurer | OfficerTrustee | 10 | $0 |
Ltc Linda Anderson Ret Vp For Projects Until Jan. 2021 | Trustee | 1 | $0 |
Col George Turiansky Ret VP For Membership | Trustee | 0.5 | $0 |
Dr Savery Davis Col Mc Ret Member, Then VP For Projects | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $8,130 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,125,927 |
| Noncash contributions included in lines 1a–1f | $963,893 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,134,057 |
| Total Program Service Revenue | $0 |
| Investment income | $42,960 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,191 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,583 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,186,791 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $39,786 |
| Grants and other assistance to domestic individuals. | $63,156 |
| 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 | $12,775 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $21,384 |
| Fees for services: Other | $16,125 |
| Advertising and promotion | $6,283 |
| Office expenses | $5,463 |
| Information technology | $4,227 |
| Royalties | $0 |
| Occupancy | $23,208 |
| Travel | $3,816 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $29 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $737 |
| All other expenses | $3,233 |
| Total functional expenses | $200,222 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,522 |
| Savings and temporary cash investments | $1,087,803 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $30,325 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $20,993 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,321,122 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,467,765 |
| Accounts payable and accrued expenses | $13,623 |
| 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 | $13,623 |
| Net assets without donor restrictions | $2,415,790 |
| Net assets with donor restrictions | $38,352 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,467,765 |
Grants Awarded
Over the last fiscal year, Walter Reed Society has awarded $85,851 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
PDC FACILITIES INC PURPOSE: TO SUPPORT INSTALLATION OF EQUIPMENT AT TRIPLER ARMY MEDICAL CENTER IN HAWAII. | $45,851 |
WRAMC OFFICE OF THE DIRECTOR PURPOSE: GENERAL CONTRIBUTION FOR COVID-19 PANDEMIC SUPPORT. | $20,000 |
FT BELVOIR COMMUNITY HOSPITAL PURPOSE: GENERAL CONTRIBUTION FOR COVID-19 PANDEMIC SUPPORT. | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Walter Reed Society has recieved totaling $49.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $49 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Integrace Inc Fort Washington, PA | $287,623,657 | $61,949,797 |
West Virginia Health Care Cooperative Inc Summersville, WV | $43,415,589 | $66,715,659 |
American Nurses Credentialing Center Silver Spring, MD | $82,788,140 | $58,809,880 |
Naf Hotline Fund Washington, DC | $10,448,331 | $27,375,437 |
Carilion Clinic Roanoke, VA | $281,656,126 | $39,438,781 |
Jewish Healthcare Foundation Of Pittsburgh Pittsburgh, PA | $167,156,555 | $15,944,425 |
Asbury Communities Inc Frederick, MD | $47,159,908 | $12,863,922 |
Cola Inc Columbia, MD | $22,083,298 | $12,495,022 |
Keystonecare Wyndmoor, PA | $1,598,265 | $10,722,936 |
University Of Maryland Charles Regional Health Inc La Plata, MD | $24,729,996 | $5,853,296 |
National Resident Matching Program Washington, DC | $32,690,669 | $13,085,177 |
Carroll Hospital Center Foundation Inc Westminster, MD | $111,958,592 | $10,538,344 |