Skip to content
Nonprofiteer
← VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPARTMENT OF N C

Form 990 for tax year 2023

Filed by VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPARTMENT OF N C.

Totals

Total revenue
$108,020
Total expenses
$171,725
Contributions and grants received
$9,695
Grants paid
$9,000
Program service revenue
$31,029
Investment income
$0
Other revenue
$67,296
Total assets, end of year
$217,958
Total liabilities, end of year
$181
Net assets or fund balances, end of year
$217,777
Program services expenses (Part IX)
$56,342
Management and general expenses
$115,383
Fundraising expenses
$0
Program service expenses (Part III)
$56,342

Program services were 32.8% 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

    $2,766

  • 1f · All other contributions, gifts and grants

    $6,929

  • 2a · Program service revenue: Canteen Sales

    total $31,029 · related or exempt $31,029

  • 6a · Gross rents

    real property $7,598

  • 6b · Less rental expenses

    real property $830

  • 6c · Rental income or loss

    real property $6,768

  • 6d · Net rental income or loss

    total $6,768 · related or exempt $6,768

  • 9a · Gaming: gross income

    $195,490

  • 9b · Gaming: direct expenses

    $135,268

  • 9c · Net income from gaming

    total $60,222 · related or exempt $60,222

  • 11a · Other revenue: Miscellaneous

    total $306 · related or exempt $306

  • 11e · Other revenue, total

    $306

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,632 · program services $1,632

  • 2 · Grants to domestic individuals

    total $7,368 · program services $7,368

  • 5 · Compensation of officers, directors and key employees

    total $2,400 · management and general $2,400

  • 7 · Other salaries and wages

    total $11,369 · program services $11,369

  • 10 · Payroll taxes

    total $1,266 · program services $1,266

  • 11c · Fees: accounting

    total $540 · management and general $540

  • 12 · Advertising and promotion

    total $20 · management and general $20

  • 13 · Office expenses

    total $2,055 · management and general $2,055

  • 14 · Information technology

    total $1,523 · management and general $1,523

  • 16 · Occupancy

    total $43,674 · management and general $43,674

  • 22 · Depreciation, depletion and amortization

    total $24,590 · management and general $24,590

  • 24a · Other expenses: Canteen Expenses

    total $20,635 · program services $20,635

  • 24b · Other expenses: Program Expenses

    total $14,072 · program services $14,072

  • 24c · Other expenses: Telephone and Internet

    total $6,098 · management and general $6,098

  • 24d · Other expenses: Repairs and Maintenance

    total $31,120 · management and general $31,120

  • 24e · All other expenses

    total $3,363 · management and general $3,363

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $126,417 · end of year $84,628

  • 10a · Land, buildings and equipment: cost or other basis

    $262,989

  • 10b · Land, buildings and equipment: accumulated depreciation

    $129,659

  • 10c · Land, buildings and equipment, net

    beginning of year $155,827 · end of year $133,330

  • 17 · Accounts payable and accrued expenses

    beginning of year $762 · end of year $181

  • 31 · Retained earnings, endowment or other funds

    beginning of year $281,482 · end of year $217,777

Mission and programs · 2023

Mission

Veterans Fraternal and Service Organization

  • Provide social opportunities for veterans through operating Canteen, weekly Bingo games, and shared meals

    Expenses $41,652

  • Support other veterans organizations and veterans through donations

    Expenses $9,000

  • Visit sick veterans in hospitals and provide military services at funerals for veterans

    Expenses $5,690

As filed on the 2023 return.

Listed in Part VII

  • Joe Carranti

    Commander

    Total calculated
    $2,400
    From this org
    $2,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • Neal Sharkey

    Jr Vice Commander

    Total calculated
    $0
    Hours/week
    2

  • Allan Schefer

    Senior Vice Commander

    Total calculated
    $0
    Hours/week
    2

  • Matty Martin

    Quartermaster

    Total calculated
    $0
    Hours/week
    10

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
8 July 2024
IRS schema version
2023v5.1
Source object
202442019349300524

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.