Form 990 for tax year 2022
Filed by VETERANS OF FOREIGN WARS DEPT OF MINNESOTA.
Totals
- Total revenue
- $219,408
- Total expenses
- $200,257
- Contributions and grants received
- $8,204
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $211,204
- Total assets, end of year
- $274,542
- Total liabilities, end of year
- $4,816
- Net assets or fund balances, end of year
- $269,726
- 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.
-
1b · Membership dues
$165
-
1f · All other contributions, gifts and grants
$8,039
-
6a · Gross rents
real property $31,329
-
6c · Rental income or loss
real property $31,329
-
6d · Net rental income or loss
total $31,329 · related or exempt $28,196 · unrelated business $3,133
-
8a · Fundraising events: gross income
$13,977
-
8b · Fundraising events: direct expenses
$2,848
-
8c · Net income from fundraising events
total $11,129 · excluded $11,129
-
10a · Gross sales of inventory
$292,449
-
10b · Cost of goods sold
$130,212
-
10c · Net income from sales of inventory
total $162,237 · related or exempt $146,013 · unrelated business $16,224
-
11a · Other revenue: ATM COMMISSIONS
total $6,509 · related or exempt $5,858 · unrelated business $651
-
11e · Other revenue, total
$6,509
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $83,517
-
10 · Payroll taxes
total $7,632
-
11c · Fees: accounting
total $4,266
-
12 · Advertising and promotion
total $14,272
-
13 · Office expenses
total $419
-
14 · Information technology
total $2,827
-
16 · Occupancy
total $22,555
-
22 · Depreciation, depletion and amortization
total $15,651
-
23 · Insurance
total $6,084
-
24e · All other expenses
total $43,034
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $47,324 · end of year $49,230
-
2 · Savings and temporary cash investments
beginning of year $49,783 · end of year $7,322
-
8 · Inventories for sale or use
beginning of year $7,696 · end of year $6,934
-
9 · Prepaid expenses and deferred charges
beginning of year $1,148 · end of year $1,144
-
10a · Land, buildings and equipment: cost or other basis
$484,593
-
10b · Land, buildings and equipment: accumulated depreciation
$274,681
-
10c · Land, buildings and equipment, net
beginning of year $166,086 · end of year $209,912
-
17 · Accounts payable and accrued expenses
beginning of year $3,970 · end of year $4,816
-
23 · Secured mortgages and notes payable
beginning of year $17,492
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $805 · end of year $805
-
31 · Retained earnings, endowment or other funds
beginning of year $249,770 · end of year $268,921
Mission and programs · 2022
Mission
MAINTAIN CONTACT WITH AND MEMBERSHIP IN NATIONAL ORGANIZATION AND PROMOTE COMMUNITY AWARENESS, LOCAL ORGANIZATIONS, AND SOCIAL ENTERTAINMENT FOR VETERANS.
-
PROMOTING COMMUNITY AWARENESS AND SUPPORT OF LOCAL VETERANS THROUGH SOCIAL AND RECREATIONAL ACTIVITIES
As filed on the 2022 return.
Listed in Part VII
-
Milton AhoMILTON AHO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Keith BaxleyKEITH BAXLEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Gary DahlGARY DAHL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Randal L McCuskeyRANDAL L MCCUSKEY
COMMANDER
- Total calculated
- $0
- Hours/week
- 4
-
Steve FluckSTEVE FLUCK
QUARTERMASTER
- Total calculated
- $0
- Hours/week
- 8
-
Shane LawrySHANE LAWRY
SENIOR VICE COMMANDER
- Total calculated
- $0
- Hours/week
- 2
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
- 2022
- Filed
- 8 September 2023
- IRS schema version
- 2022v5.0
- Source object
- 202430119349300368
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