Form 990 for tax year 2023
Filed by VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF TENNESSEE.
Totals
- Total revenue
- $130,576
- Total expenses
- $195,487
- Contributions and grants received
- $12,931
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $6,721
- Other revenue
- $110,924
- Total assets, end of year
- $933,732
- Total liabilities, end of year
- $1,821
- Net assets or fund balances, end of year
- $931,911
- Program services expenses (Part IX)
- $29,893
- Management and general expenses
- $165,594
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $29,893
Program services were 15.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$2,347
-
1f · All other contributions, gifts and grants
$10,584
-
3 · Investment income
total $6,721 · related or exempt $6,721
-
6a · Gross rents
real property $31,075
-
6c · Rental income or loss
real property $31,075
-
6d · Net rental income or loss
total $31,075 · related or exempt $31,075
-
8c · Net income from fundraising events
total $0
-
10a · Gross sales of inventory
$139,039
-
10b · Cost of goods sold
$59,190
-
10c · Net income from sales of inventory
total $79,849 · related or exempt $80,142
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $468 · program services $468
-
5 · Compensation of officers, directors and key employees
total $13,000 · program services $6,500 · management and general $6,500
-
7 · Other salaries and wages
total $53,458 · management and general $53,458
-
10 · Payroll taxes
total $7,195 · program services $667 · management and general $6,528
-
11c · Fees: accounting
total $3,850 · program services $1,925 · management and general $1,925
-
13 · Office expenses
total $5,600 · program services $2,800 · management and general $2,800
-
16 · Occupancy
total $57,021 · program services $14,256 · management and general $42,765
-
22 · Depreciation, depletion and amortization
total $12,488 · management and general $12,488
-
23 · Insurance
total $10,815 · management and general $10,815
-
24a · Other expenses: OTHER FUNCTIONAL EXPENSES
total $2,615 · program services $1,509 · management and general $1,106
-
24b · Other expenses: OTHER EXPENSES
total $7,072 · program services $1,768 · management and general $5,304
-
24c · Other expenses: BUSINESS TAXES LICENSE
total $21,905 · management and general $21,905
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $24,110 · end of year $21,450
-
2 · Savings and temporary cash investments
beginning of year $203,091 · end of year $119,779
-
8 · Inventories for sale or use
end of year $2,155
-
10a · Land, buildings and equipment: cost or other basis
$849,723
-
10b · Land, buildings and equipment: accumulated depreciation
$59,375
-
10c · Land, buildings and equipment, net
beginning of year $770,874 · end of year $790,348
-
17 · Accounts payable and accrued expenses
end of year $1,821
-
25 · Other liabilities
beginning of year $1,253
-
31 · Retained earnings, endowment or other funds
beginning of year $996,822 · end of year $931,911
Mission and programs · 2023
Mission
ASSIT VETERANS
Activities or mission (Part I)
ASSIST VETERANS
-
PROGRAMS FOR CHARITABLE PURPOSE TO PROVIDE ASSISTANCE TO NEEDY
Expenses $4,237
-
MAINTAIN OFFICE TO ASSIST VETERANS AND FAMILIES
Expenses $17,095
-
PROVIDE ACTIVITIES TO PROMOTE COMMUNITY INVOLVEMENT OF VETERANS
Expenses $8,561
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Larry HelmsLARRY HELMS
COMMANDER
- Total calculated
- $0
- Hours/week
- 1
-
John CroteauJOHN CROTEAU
SR V COMM
- Total calculated
- $0
- Hours/week
- 1
-
J McCoyJ MCCOY
JR V COMM
- Total calculated
- $0
- Hours/week
- 1
-
Terry ThomasTERRY THOMAS
QUARTERMASTER
- Total calculated
- $13,000
- From this org
- $0
- From related orgs
- $13,000
- Other
- $0
- Hours/week
- 20
-
William SachseWILLIAM SACHSE
CHAPLAIN
- Total calculated
- $0
- Hours/week
- 1
-
Adam ThornADAM THORN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Christian ReidCHRISTIAN REID
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 5 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202511259349301931
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