Form 990 for tax year 2023
Filed by VETERANS OF FOREIGN WARS DEPARTMENT OF NEW MEXICO OF THE U S.
Totals
- Total revenue
- $48,074
- Total expenses
- $40,165
- Contributions and grants received
- $8,085
- Grants paid
- $2,556
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $39,989
- Total assets, end of year
- $210,619
- Total liabilities, end of year
- $2,127
- Net assets or fund balances, end of year
- $208,492
- Program services expenses (Part IX)
- $2,556
- Management and general expenses
- $37,609
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,556
Program services were 6.4% 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
$496
-
1f · All other contributions, gifts and grants
$7,589
-
9a · Gaming: gross income
$41,156
-
9b · Gaming: direct expenses
$27,923
-
9c · Net income from gaming
total $13,233 · excluded $13,233
-
10a · Gross sales of inventory
$44,326
-
10b · Cost of goods sold
$17,570
-
10c · Net income from sales of inventory
total $26,756 · excluded $26,756
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $2,556 · program services $2,556
-
7 · Other salaries and wages
total $8,828 · management and general $8,828
-
10 · Payroll taxes
total $793 · management and general $793
-
11c · Fees: accounting
total $1,916 · management and general $1,916
-
13 · Office expenses
total $534 · management and general $534
-
17 · Travel
total $570 · management and general $570
-
23 · Insurance
total $13,127 · management and general $13,127
-
24a · Other expenses: Utilities
total $7,636 · management and general $7,636
-
24b · Other expenses: Repairs
total $1,477 · management and general $1,477
-
24c · Other expenses: License & permits
total $1,354 · management and general $1,354
-
24d · Other expenses: Supplies
total $933 · management and general $933
-
24e · All other expenses
total $441 · management and general $441
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $25,103 · end of year $31,828
-
8 · Inventories for sale or use
beginning of year $2,100 · end of year $2,100
-
10a · Land, buildings and equipment: cost or other basis
$178,005
-
10b · Land, buildings and equipment: accumulated depreciation
$1,314
-
10c · Land, buildings and equipment, net
beginning of year $176,691 · end of year $176,691
-
25 · Other liabilities
beginning of year $3,311 · end of year $2,127
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $107,678 · end of year $107,678
-
31 · Retained earnings, endowment or other funds
beginning of year $92,905 · end of year $100,814
Mission and programs · 2023
Mission
N/A
Activities or mission (Part I)
See Part III Line 4a
-
The particular business and objects for which said corporation is formed shall be social, benevolent, fraternal and patriotic; to promote social intercourse among ourselves and our associates in said corporation; to render patriotic services to the State of New Mexico and to the United States of America; to raise and obtain funds for relief of needy or disabled veterans, their widows, orphans and dependents; to promote the general welfare of the members of our organization and other ex-service men who have served in the armed forces of the United States; to have, own, lease and maintain in the County of Colfax, in the State of New Mexico, for the use of ourselves and said associates for the purpose aforesaid, a club house or quarters, with all appurtenances and belongings, matters and things which properly constitute a club and club house, and to operate the same for social, benevolent, and charitable purposes; and to buy, lease or sell real and personal property and apply the proceeds and profits thereof to charitable purposes, and, to these ends, to borrow money in the manner consistent with the purposes of the organization in order to carry out said benevolent and charitable purposes.
Expenses $2,556 · Grants $2,556
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Dean Torres
Commander
- Total calculated
- $0
- Hours/week
- 5
-
Edward Lannon
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Willferd Romero
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Gary Fresquez
Quartermaster
- Total calculated
- $1,100
- From this org
- $1,100
- From related orgs
- $0
- Other
- $0
- Hours/week
- 10
-
Ramon Montoya
Trustee
- 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
- 2023
- Filed
- 13 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202423189349310387
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