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 McLaughlinMICHAEL MCLAUGHLIN
CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Scott BerndtSCOTT BERNDT
TREASURER
- Total calculated
- $0
- Hours/week
- 10 + 5 related
-
Joel SchillingJOEL SCHILLING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Paul PedersonPAUL PEDERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Chris MagnussonCHRIS MAGNUSSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Tony TengwallTONY TENGWALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
John WalkerJOHN WALKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3 + 5 related
-
Lauri BrookeLAURI 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 MartenOATHER 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
-
OUTDOORS AND TRANSPORTATION
-
GENERAL USE
-
$20,730
GRANT FOR WARRIOR PATH PROGRAM
-
MVAHCS
$20,000
FOOD PANTRY
-
MINNEAPOLIS VAMC
$19,775
SUMMER AND WINTER SPORTS CLINICS
-
$10,000
GENERAL SUPPORT
-
$9,000
HOLIDAY MEALS FOR VETERANS
-
MINNESOTA VETERANS HOME- LUVERNE
$8,989
KINEVIA DUO ACTIVE/PASSIVE TRAINER
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
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