VETERANS OF FOREIGN WARS DEPARTMENT OF ILLINOIS

EIN: 370701174

PARIS, IL

Total Revenue
$213,373
Total Expenses
$196,413
Total Assets
$681,519
Net Assets
$681,519
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1941
Legal Domicile
IL
Principal Officer
VERNON SMITH
Phone
2174663110
Tax Period
2024-07-01 to 2025-06-30

VETERANS OF FOREIGN WARS DEPARTMENT OF ILLINOIS, founded in 1941, is a small nonprofit that reported $213K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $196K left a modest 8% surplus.

Mission

THE PRIMARY EXEMPT PURPOSE OF THE VFW POST 3601 IS TO SPONSOR PROGRAMS AND DONATE TO CHARITABLE ORGANIZATIONS THAT PROMOTE THE PHYSICAL, MENTAL, AND SOCIAL WELL BEING OF ALL VETERANS AND THEIR FAMILIES.

Program Service Accomplishments

Program 1
Expenses: $9,000

EACH YEAR WE DONATE SCHOLARSHIPS TO VETERANS, VETERANS SPOUSES, VETERANS CHILDREN, VERTERANS GRANDCHILDREN AND VETERANS NIECES AND NEPHEWS. THE AMOUNT OF SCHOARSHIPS AWARDED VARIES EACH YEAR FROM...

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EACH YEAR WE DONATE SCHOLARSHIPS TO VETERANS, VETERANS SPOUSES, VETERANS CHILDREN, VERTERANS GRANDCHILDREN AND VETERANS NIECES AND NEPHEWS. THE AMOUNT OF SCHOARSHIPS AWARDED VARIES EACH YEAR FROM $1000 TO $10,000. THE AMOUNT THIS YEAR WAS $8,836. FOR THE PAST SEVERAL YEARS WE HAVE BEEN ABLE TO AWARD A SCHOLARSHIP TO EVERYONE WHO APPLIED.

Program 2
Expenses: $8,371

IN THE AREA OF SOCIAL ACTIVITIES WE SPONSORA FREE DANCE FOR ALL VETERAN MEMBERS AND THEIR FAMILIES AND FRIENDS EVERY SATURDAY NIGHT. WE BELIEVE THIS PROGRAM IS VERY VALUABLE TO THE PHYSICAL WELL...

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IN THE AREA OF SOCIAL ACTIVITIES WE SPONSORA FREE DANCE FOR ALL VETERAN MEMBERS AND THEIR FAMILIES AND FRIENDS EVERY SATURDAY NIGHT. WE BELIEVE THIS PROGRAM IS VERY VALUABLE TO THE PHYSICAL WELL BEING OF OUR VETERANS WHO RANGE IN AGE FROM 30 TO 90 YEARS OF AGE. THE COST OF THE BANDS AND OTHER ENTERTAINMENT WAS $8371.

Program 3
Expenses: $7,885

LOCAL CONTRIBUTIONS WERE MADE TO PARIS FIRE DEPT FOR CHILDRENS BOOKS, LITTLE HONEYBEE QUEEN PAGEANT, CEAROYN WENTZ SCHOOL, COMMUNITY NURSE, SHOPE WITH A COP, EDGAR COUNTY LONGBEARDS, PARIS LITTLE...

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LOCAL CONTRIBUTIONS WERE MADE TO PARIS FIRE DEPT FOR CHILDRENS BOOKS, LITTLE HONEYBEE QUEEN PAGEANT, CEAROYN WENTZ SCHOOL, COMMUNITY NURSE, SHOPE WITH A COP, EDGAR COUNTY LONGBEARDS, PARIS LITTLE LEAGUE, AND HORIZON HEALTH

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,740
Program Service Revenue $0
Investment Income $13,962
Other Revenue $195,671
TOTAL REVENUE $213,373

Expense Breakdown

Grants Paid $16,885
Salaries & Benefits $78,979
Fundraising Expenses $0
Program Expenses $29,755
Other Expenses $96,800
TOTAL EXPENSES $196,413

Year-over-Year Comparison

2024 2023 Change
Revenue $213,373 $188,698 +0.1%
Expenses $196,413 $170,872 +0.1%
Net Income $16,960 $17,826 0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
154
Independent Members
N/A
Employees
10
Volunteers
12

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANTHONY HAUPT TRUSTEE 4.00
Director
$0 $0 $0
RICHARD W MAPLES TRUSTEE 4.00
Director
$0 $0 $0
JAMES W MOORE TRUSTEE 4.00
Director
$0 $0 $0
GREGORY DECKER COMMANDER 30.00
Officer
$0 $0 $0
VERNON SMITH QUARTERMASTER 35.00
Officer
$0 $0 $0
JOHN FOOTE SENIOR VICE COMMANDER 10.00
Officer
$0 $0 $0
DAVID M HOBSON JUNIOR VICE COMMANDER 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $213,373 $196,413 $681,519 $16,960
2024 $188,698 $170,872 $684,656 $17,826
2023 $237,727 $164,433 $660,547 $73,294
2022 $195,345 $198,395 $581,729 $-3,050
2021 $142,572 $188,933 $584,779 $-46,361
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