Form 990 for tax year 2023
Filed by VETERANS OF FOREIGN WARS DEPARTMENT OF ILLINOIS.
Totals
- Total revenue
- $164,522
- Total expenses
- $190,650
- Contributions and grants received
- $1,796
- Grants paid
- $10,072
- Program service revenue
- $5,293
- Investment income
- $1,143
- Other revenue
- $156,290
- Total assets, end of year
- $256,563
- Total liabilities, end of year
- $2,701
- Net assets or fund balances, end of year
- $253,862
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% 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.
-
1f · All other contributions, gifts and grants
$1,796
-
2a · Program service revenue: Membership Dues & Assessments
total $502 · excluded $502
-
2b · Program service revenue: Miscellaneous
total $1,049 · related or exempt $1,049
-
2c · Program service revenue: Poppies
total $3,742 · related or exempt $3,742
-
3 · Investment income
total $1,143 · excluded $1,143
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6a · Gross rents
real property $8,651
-
6c · Rental income or loss
real property $8,651
-
6d · Net rental income or loss
total $8,651 · excluded $8,651
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$1,643
-
8b · Fundraising events: direct expenses
$1,426
-
8c · Net income from fundraising events
total $217
-
9a · Gaming: gross income
$83,384
-
9b · Gaming: direct expenses
$35,803
-
9c · Net income from gaming
total $47,581 · related or exempt -$3,808 · unrelated business $51,389
-
10a · Gross sales of inventory
$190,379
-
10b · Cost of goods sold
$90,538
-
10c · Net income from sales of inventory
total $99,841 · unrelated business $99,841
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $3,472
-
2 · Grants to domestic individuals
total $6,600
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $1,440
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $82,767
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $30,761
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $3,580
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $665
-
13 · Office expenses
total $2,580
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $23,945
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $11,071
-
23 · Insurance
total $12,396
-
24a · Other expenses: Dues & SUBSCRIPTIONS
total $5,838
-
24b · Other expenses: License & Permits
total $2,011
-
24c · Other expenses: Miscellaneous
total $1,510
-
24d · Other expenses: Meeting Expense
total $1,293
-
24e · All other expenses
total $721
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $207,592 · end of year $184,397
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$281,719
-
10b · Land, buildings and equipment: accumulated depreciation
$209,553
-
10c · Land, buildings and equipment, net
beginning of year $72,398 · end of year $72,166
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
25 · Other liabilities
end of year $2,701
-
31 · Retained earnings, endowment or other funds
beginning of year $279,990 · end of year $253,862
Mission and programs · 2023
Mission
Mission of Goldsmith-Terry Post No. 3523, Veterans of Foreign Wars consists of veterans advocacy, historical education and commemoration, encouraging national security through support of our nation's men and women in uniform, promoting good citizenship and community service, encouraging America's youth to excel in athletics, community service and academics, facilitating direct assistance to needy military personnel and their families and to veterans and supporting actions and activities that further these missions and promote the social well being of veterans and their families.
-
The post furnishes gas and food for Veterans-in-Distress and their family members on a monthly basis or as needed during the year. Free food is offered on Veteran's Day, Easter, Thanksgiving and Christmas to needy Veterans and their families. Additionally, three post members work with Matthew 25 Food Distribution once a week for needy families.
-
Eleven members participate on Color Guard for funerals for veterans, members and non-members as well as for city events. Conduct Memorial Day Services for 175-200 city residents. Ten members, 3 hrs each, put flags on veteran's graves for Memorial Day. Also worked with local Boy Scouts on identifying Veteran's grave sites.
-
The Post Building Hall is used for funeral meals and blood drives. Additionally, the organization sponsors a "Patriotic Pen" essay contest for junior high students and a "Voice of Democracy" contest for high school students. Cub Scouts hold meetings and special activities using Post Building Hall. Bond, Clinton, Marion, Washington counties use hall for Christmas gift give away program and the Head-Start School registration.
As filed on the 2023 return.
Listed in Part VII
-
David Beckmann
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
John Barrett
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Michael Voss
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Edgar Meskil
Jr V Comm & Adj
- Total calculated
- $0
- Hours/week
- 1
-
Richard Schulte
Commander
- Total calculated
- $0
- Hours/week
- 20
-
Gale Gehrs
Quartermaster
- Total calculated
- $0
- Hours/week
- 20
-
Todd Schlott
Sr. Vice Comm
- Total calculated
- $0
- Hours/week
- 3
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
- 1 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202423069349301017
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