Skip to content
Nonprofiteer
← DISABLED AMERICAN VETERANS OF MINNESOTA FOUNDATION

Form 990 for tax year 2023

Filed by DISABLED AMERICAN VETERANS OF MINNESOTA FOUNDATION.

Totals

Total revenue
$569,619
Total expenses
$544,675
Contributions and grants received
$477,080
Grants paid
$234,843
Program service revenue
$0
Investment income
$98,656
Other revenue
-$6,117
Total assets, end of year
$5,103,473
Total liabilities, end of year
$22,649
Net assets or fund balances, end of year
$5,080,824
Program services expenses (Part IX)
$418,611
Management and general expenses
$119,302
Fundraising expenses
$6,762
Program service expenses (Part III)
$418,611

Program services were 76.9% 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.

  • 1c · Fundraising events

    $35,447

  • 1f · All other contributions, gifts and grants

    $441,633

  • 3 · Investment income

    total $112,492 · excluded $112,492

  • 7a · Gross sales of assets other than inventory

    securities $3,823,434

  • 7b · Less cost or other basis and sales expenses

    securities $3,837,270

  • 7c · Gain or loss

    securities -$13,836

  • 7d · Net gain or loss

    total -$13,836 · excluded -$13,836

  • 8a · Fundraising events: gross income

    $7,911

  • 8a · Fundraising events: contributions included on line 1c

    $35,447

  • 8b · Fundraising events: direct expenses

    $14,028

  • 8c · Net income from fundraising events

    total -$6,117 · excluded -$6,117

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $234,843 · program services $234,843

  • 6 · Compensation of disqualified persons

    total $77,558 · program services $50,610 · management and general $21,745 · fundraising $5,203

  • 7 · Other salaries and wages

    total $2,506 · program services $125 · management and general $1,762 · fundraising $619

  • 9 · Other employee benefits

    total $5,340 · program services $3,048 · management and general $1,898 · fundraising $394

  • 10 · Payroll taxes

    total $6,056 · program services $3,816 · management and general $1,801 · fundraising $439

  • 11c · Fees: accounting

    total $40,805 · management and general $40,805

  • 11f · Fees: investment management

    total $39,838 · management and general $39,838

  • 12 · Advertising and promotion

    total $8,000 · program services $8,000

  • 17 · Travel

    total $7,440 · management and general $7,440

  • 19 · Conferences, conventions and meetings

    total $227 · management and general $227

  • 24a · Other expenses: VETERAN SERVICE PROGRAM

    total $117,285 · program services $117,285

  • 24b · Other expenses: MISC EXPENSE

    total $4,777 · program services $884 · management and general $3,786 · fundraising $107

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $200,183 · end of year $342,352

  • 2 · Savings and temporary cash investments

    beginning of year $213,265 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $10,988 · end of year $15,182

  • 9 · Prepaid expenses and deferred charges

    beginning of year $46,861 · end of year $46,740

  • 11 · Investments: publicly traded securities

    beginning of year $4,576,136 · end of year $4,699,199

  • 17 · Accounts payable and accrued expenses

    beginning of year $133,774 · end of year $7,510

  • 19 · Deferred revenue

    beginning of year $22,272 · end of year $6,200

  • 25 · Other liabilities

    beginning of year $90,265 · end of year $8,939

  • 27 · Net assets without donor restrictions

    beginning of year $3,858,681 · end of year $4,239,915

  • 28 · Net assets with donor restrictions

    beginning of year $942,441 · end of year $840,909

Mission and programs · 2023

Mission

TO ASSIST IN PROVIDING FOR THE REHABILITATION AND CONTINUING WELFARE OF AMERICA'S DISABLED VETERANS, THEIR FAMILIES, DEPENDENTS, AND SURVIVORS.

Activities or mission (Part I)

PROVIDING FOR THE REHABILITATION AND CONTINUING WELFARE OF AMERICA'S DISABLED VETERANS AND FAMILIES.

  • OTHER VETERANS SERVICES : THE DAV OF MN FOUNDATION SUPPORTS EIGHT STATE RUN VETERANS HOMES, FIVE VA MEDICAL CENTERS THAT SERVE MINNESOTA VETERANS, AND OTHER PROGRAMS THAT SUPPORT MINNESOTA VETERANS.

    Expenses $222,538 · Grants $152,068

  • VETERANS OUTDOORS PROGRAM: THE DAV OF MN OUTDOORS PROGRAM PROVIDES VETERANS WITH RECREATIONAL THERAPY THROUGH OUTDOOR EVENTS TO POSITIVELY ENGAGE VETERANS, INCREASE THEIR STRENGTH AND ENDURANCE, AND ULTIMATELY ENHANCE THEIR QUALITY OF LIFE. THE OUTDOORS PROGRAM ADVANCES THE STRONG TRADITION OF SUPPORTING VETERANS THROUGH THE BOUNTY OF NATURE. BODY, MIND, AND SOUL ARE CONSIDERED WHEN DESIGNING OUTDOOR PROGRAMMING FOR VETERANS. THIS FISCAL YEAR 18% OF GRANTS AWARDED WERE IN SUPPORT OF OUTDOOR PROGRAMS.

    Expenses $141,073 · Grants $27,775

  • TRANSPORTATION: THE DAV OF MN TRANSPORTATION PROGRAM PROVIDES FREE TRANSPORTATION TO VETERANS ATTENDING MEDICAL APPOINTMENTS. AS A SOCIAL DETERMINANT OF HEALTH, ACCESS TO HIGH-QUALITY, AFFORDABLE TRANSPORTATION IS FUNDAMENTAL TO MENTAL, PHYSICAL, AND EMOTIONAL WELL-BEING. OVER 23,000 VETERANS WERE TRANSPORTED TO VITAL MEDICAL APPOINTMENTS IN THE LAST FISCAL YEAR.

    Expenses $55,000 · Grants $55,000

As filed on the 2023 return.

Listed in Part VII

  • Michael McLaughlin

    CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Scott Berndt

    TREASURER

    Total calculated
    $0
    Hours/week
    10 + 5 related
  • Joel Schilling

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Paul Pederson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Chris Magnusson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Tony Tengwall

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • John Walker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3 + 5 related
  • Lauri Brooke

    EXECUTIVE DIRECTOR

    Total calculated
    $73,279
    From this org
    $0
    From related orgs
    $63,854
    Other
    $9,425
    Hours/week
    36 + 6 related
  • Oather Marten

    ADVISOR

    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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • DISABLED AMERICAN VETERANS DEPARTMENT OF MINNESOTA INC

    501(C)(4) · ASSIST THE CONTINUING WELFARE OF AMERICA'S DISABLED VETERANS · MN

Provenance

Return type
form_990
Tax year
2023
Filed
14 January 2025
IRS schema version
2023v6.0
Source object
202500159349300840

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.