Veterans Of Foreign Wars Dept Of Mn

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 410846516 ✦ Wabasha, MN ✦ Designated as a 501(c)(19)

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Overview

What is Veterans Of Foreign Wars Dept Of Mn?

Veterans of Foreign Wars Department of MN, located at 138 2nd St E, Wabasha, MN 55981, is a nonprofit organization dedicated to supporting local charities and providing a social environment for veterans. They raise funds for these charities through their gambling operations. The organization employs a team of 24 individuals, working tirelessly to achieve their mission. Their activities encompass more than just financial aid; they also offer a social space for veterans, fostering a sense of community and camaraderie among their members.

Is Veterans Of Foreign Wars Dept Of Mn legitimate?

Veterans Of Foreign Wars Dept Of Mn is a legitimate nonprofit organization registered as a 501(c)(19) entity. Veterans Of Foreign Wars Dept Of Mn submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $9,005
Professional Fundraising Fees: $0
Other Salaries and Wages: $144,974

For more financial information, click here

What is the mission statement of Veterans Of Foreign Wars Dept Of Mn?

The Veterans Of Foreign Wars Dept of MN, as a mission, focuses on providing financial support to local charitable organizations. This funding is sourced from their gambling operations. Beyond this, they also offer a social environment for veterans, providing a space for camaraderie and support. The organization's activities aim to give back to the community while providing a social outlet for veterans.

Who is the CEO of Veterans Of Foreign Wars Dept Of Mn?

Joe Abbott is the President of Veterans Of Foreign Wars Dept Of Mn.

What is the revenue of Veterans Of Foreign Wars Dept Of Mn?

Veterans Of Foreign Wars Dept Of Mn's revenue in 2022 was $490,440.

Who are the executives of Veterans Of Foreign Wars Dept Of Mn and what are their salaries?

The average compensation at Veterans Of Foreign Wars Dept Of Mn during 2022 was $6,416. There are 24 employees and 31 volunteers at Veterans Of Foreign Wars Dept Of Mn.


Here are 2 key members and their salaries:


Steve Polyard (Treasurer)
  • Compensation: $6,300
  • Related: $0
  • Other: $0
Joe Abbott (President)
  • Compensation: $2,705
  • Related: $0
  • Other: $0
Where can I find the form 990 for Veterans Of Foreign Wars Dept Of Mn?

Veterans Of Foreign Wars Dept Of Mn's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Veterans Of Foreign Wars Dept Of Mn

The Veterans of Foreign Wars Department of MN, an esteemed organization, is dedicated to two primary objectives. Firstly, it channels funds derived from its gambling operations towards supporting local charitable organizations. This philanthropic endeavor allows these organizations to carry out their missions and contribute positively to their respective communities. Secondly, the Veterans of Foreign Wars Department of MN provides a congenial social environment for veterans. This aspect of their mission offers a platform for veterans to connect, share experiences, and foster a sense of camaraderie, which is essential for their overall well-being.

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Impact




October, 2024

Veterans Of Foreign Wars Dept Of Mn significantly impacts the community by channeling funds from its gambling operations into local charitable organizations. This funding supports various initiatives that benefit residents and enhance the quality of life in the area. Moreover, the organization creates a welcoming social environment for veterans, fostering camaraderie and providing a space for them to connect and support one another. The dual focus on charitable giving and community building makes a meaningful difference in Wabasha, MN, and reinforces the importance of veteran support in local initiatives.




This information is meant to be a general summary of Veterans Of Foreign Wars Dept Of Mn. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$490,440 (2022)
Expenses
$458,851 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,380
  • Gross Receipts: $1,828,868

Assets and Liabilities:

  • Total Assets: $291,207
  • Total Liabilities: $0
  • Net Assets: $291,207

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Organization Details

Founding Year

1961

Principal Officer

Joe Abbott

Main Address

138 2ND ST E, WABASHA, MN, 55981

NTEE Category

Code: W30 - Public benefit

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