Veterans Of Foreign Wars Department Of New Mexico Of The U S
- Assets
- $114.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clayton, NM
- Founding
- 06/1960
- Data as of
- 05/2024
- EIN
- 85-6011500
Organization Overview
Veterans Of Foreign Wars Department Of New Mexico Of The U S is located in Clayton, NM. The organization was established in 1960. 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 New Mexico Of The U S 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 05/2024, Veterans Of Foreign Wars Department Of New Mexico Of The U S generated $42.1k in total revenue. All expenses for the organization totaled $44.4k during the year ending 05/2024. While expenses have increased by 42.8% per year over the past 4 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 |
|---|---|---|---|
Robert Holland Quarter Master | 5 | $0 | |
Robert Holland Adjutant | 5 | $0 | |
Winfield Scott Chaplain | 5 | $0 | |
Wes Nixon Commander | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $999 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,414 |
| Other Revenue | $0 |
| Total Revenue | $42,097 |
| 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 | $6,407 |
| Occupancy, rent, utilities, and maintenance | $19,195 |
| Printing, publications, postage, and shipping | $116 |
| Other expenses | $18,701 |
| Total expenses | $44,419 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,937 |
| Other assets | $0 |
| Total assets | $114,763 |
| Total liabilities | $108,796 |
| Net assets or fund balances | $5,967 |