Form 990 for tax year 2023
Filed by NEW JERSEY VIETNAM VETERANS MEMORIAL FOUNDATION INC.
What the amendment changed
Compared with the return it replaced , filed 13 March 2025. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
- Total assets, end of year
- $4,202,154 changed to $3,952,154
- Net assets or fund balances, end of year
- $4,117,308 changed to $3,867,308
Totals
- Total revenue
- $2,431,157
- Total expenses
- $1,127,657
- Contributions and grants received
- $2,159,204
- Grants paid
- $10,100
- Program service revenue
- $30,872
- Investment income
- $102,307
- Other revenue
- $138,774
- Total assets, end of year
- $3,952,154
- Total liabilities, end of year
- $84,846
- Net assets or fund balances, end of year
- $3,867,308
- Program services expenses (Part IX)
- $780,910
- Management and general expenses
- $290,029
- Fundraising expenses
- $56,718
- Program service expenses (Part III)
- $780,910
Program services were 69.3% 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
$385
-
1e · Government grants (contributions)
$1,600,000
-
1f · All other contributions, gifts and grants
$558,819
-
1g · Noncash contributions included above
$346,868
-
2a · Program service revenue: ADMISSION FEES
total $30,872 · unrelated business $0 · excluded $0
-
3 · Investment income
total $27,173 · unrelated business $0 · excluded $27,173
-
7a · Gross sales of assets other than inventory
securities $339,887
-
7b · Less cost or other basis and sales expenses
securities $264,753
-
7c · Gain or loss
securities $75,134
-
7d · Net gain or loss
total $75,134 · related or exempt $0 · unrelated business $0 · excluded $75,134
-
8a · Fundraising events: gross income
$220,746
-
8b · Fundraising events: direct expenses
$92,501
-
8c · Net income from fundraising events
total $128,245 · unrelated business $0 · excluded $128,245
-
10a · Gross sales of inventory
$20,996
-
10b · Cost of goods sold
$10,467
-
10c · Net income from sales of inventory
total $10,529 · related or exempt $10,529
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $10,100 · program services $10,100
-
5 · Compensation of officers, directors and key employees
total $158,974 · program services $101,744 · management and general $41,333 · fundraising $15,897
-
6 · Compensation of disqualified persons
total $227,773 · program services $145,775 · management and general $59,221 · fundraising $22,777
-
8 · Pension plan contributions
total $1,442 · program services $923 · management and general $375 · fundraising $144
-
9 · Other employee benefits
total $31,401 · program services $20,097 · management and general $8,164 · fundraising $3,140
-
10 · Payroll taxes
total $33,731 · program services $11,131 · management and general $21,925 · fundraising $675
-
11b · Fees: legal
total $56,920 · program services $36,998 · management and general $16,507 · fundraising $3,415
-
11c · Fees: accounting
total $9,990 · program services $6,494 · management and general $2,897 · fundraising $599
-
12 · Advertising and promotion
total $66,098 · program services $59,488 · management and general $3,305 · fundraising $3,305
-
13 · Office expenses
total $47,179 · program services $15,569 · management and general $30,666 · fundraising $944
-
14 · Information technology
total $59,959 · program services $39,573 · management and general $18,587 · fundraising $1,799
-
16 · Occupancy
total $269,856 · program services $207,789 · management and general $62,067 · fundraising $0
-
17 · Travel
total $26,205 · program services $23,847 · management and general $1,834 · fundraising $524
-
22 · Depreciation, depletion and amortization
total $56,918 · program services $48,380 · management and general $5,692 · fundraising $2,846
-
23 · Insurance
total $23,428 · program services $7,731 · management and general $15,228 · fundraising $469
-
24a · Other expenses: CONSULTANTS
total $3,065 · program services $1,992 · management and general $889 · fundraising $184
-
24b · Other expenses: MUSEUM & EXHIBITIONS
total $44,618 · program services $43,279 · management and general $1,339 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,253,941 · end of year $1,186,935
-
4 · Accounts receivable
beginning of year $207,691 · end of year $207,621
-
8 · Inventories for sale or use
beginning of year $20,615 · end of year $27,933
-
9 · Prepaid expenses and deferred charges
beginning of year $11,624 · end of year $1,986
-
10a · Land, buildings and equipment: cost or other basis
$1,666,951
-
10b · Land, buildings and equipment: accumulated depreciation
$451,877
-
10c · Land, buildings and equipment, net
beginning of year $562,157 · end of year $1,215,074
-
11 · Investments: publicly traded securities
beginning of year $554,705 · end of year $444,605
-
15 · Other assets
beginning of year $1,023,750 · end of year $868,000
-
17 · Accounts payable and accrued expenses
beginning of year $139,832 · end of year $82,859
-
19 · Deferred revenue
beginning of year $3,470
-
24 · Unsecured notes and loans payable
beginning of year $3,624 · end of year $1,987
-
27 · Net assets without donor restrictions
beginning of year $2,222,507 · end of year $2,523,565
-
28 · Net assets with donor restrictions
beginning of year $1,265,050 · end of year $1,343,743
Mission and programs · 2023
Mission
OFFERS A MEANINGFUL & ENGAGING EXPERIENCE THAT RECONGIZES THE SACRIFICES, COURAGE & VALOR OF VIETNAM VETERANS & THAT ENCOURAGES & FOSTERS A THOROUGH UNDERSTANDING OF THE VIETNAM ERA
-
THE PRIMARY PURPOSE OF THE ORGANIZATIONS PROGRAM IS TO PROMOTE EDUCATION AND REMEMBRANCE OF THE VIETNAM WAR. THE EDUCATION CENTER AND MUSEUM ENABLES ALL VISITORS TO LEARN ABOUT THE MYRID OF FORCES THAT PRODUCED THE CONFLICT ABROAD AND THE DISSENSION AT HOME. IT COMPIMENTS THE SOLEMITY OF THE MEMORIAL WITH A DYNAMIC AND LIVELY LEARNING EENVIRONMENT. THE NEW JERSEY VIETNAM VETERANS MEMORIAL HONORS ALL THOSE WHO SERVED OUR COUNTRY AND STATE DURING THE VIETNAM WAR, ESPECIALLY THE 1,563 NEW JERSEYANS WHO DID NOT RETURN HOME.
Expenses $780,910 · Grants $10,100 · Revenue $2,088,521
As filed on the 2023 return.
Listed in Part VII
-
AMY OSBORN
EXECTIVE DIRECTOR/TRUSTEE
- Total calculated
- $158,974
- From this org
- $158,974
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $158,974
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $158,974
-
MAJ GEN CLARK W MARTIN RET
CHAIR/ TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MICHAEL WARNER
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
NICHOLAS ASSSELTA
VICE CHAIR/TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
LOUIS VLAHAKES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
AURA DUNN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
CHRISTINE GIORDANO HANLON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
WILLIAM LINDERMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
ROY BUDD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
FRANK LUNA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JOSEPH SERBO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
STEPHANIE GEORGE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
BILL LENCHINSKY
TRUSTREE
- Total calculated
- $0
- Hours/week
- 1
-
DAVE RIBLE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
ELIZABETH STAVOLA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
WILLIAM C SPROULE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 March 2025
- IRS schema version
- 2023v6.0
- Source object
- 202501549349300540
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