VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF IOWA

EIN: 420668066

ESTHERVILLE, IA

Total Revenue
$394,897
Total Expenses
$389,811
Total Assets
$103,243
Net Assets
$103,243
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1951
Legal Domicile
IA
Principal Officer
MIKE DALEN
Phone
7123623840
Tax Period
2025-01-01 to 2025-12-31

VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF IOWA, founded in 1951, is a small nonprofit that reported $395K in total revenue in fiscal year 2025. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

OUR MISSION AT THE VFW POST 3388 IS TO BUILD A BETTER AMERICA FOR EVERYONE AND TO BE A PILLAR OF OUR COMMUNITY BY OFFERING HOPE FOR A BETTER TOMORROW AND HELPING THOSE INDIVIDUALS THAT ARE GOING THROUGH DIFFICULT TIMES. MEMBERS OF OUR POST ARE STRIVING AND WORKING WITH OTHER COMMUNITY ORGANIZATIONS TO ENSURE THAT PEOPLE IN OUR COMMUNITY ARE PROVIDED A SAFE AND HEALTHY ENVIRONMENT FOR ALL. AN IMPORTANT ROLE OF POST 3388 IS TO BE AN ORGANIZATION INDIVIDUALS AND FAMILIES CAN REACH OUT TO FOR HELP, SUCH AS PARTNERING WITH LOCAL CHURCHES BY OFFERING A FREE MONTHLY MEAL AT THE VFW FOR THOSE INDIVIDUALS AND FAMILIES IN NEED.

Program Service Accomplishments

Program 1
Expenses: $355,495 Revenue: $393,034

AN IMPORTANT ROLE OF POST 3388 IS TO BE AN ORGANIZATION INDIVIDUALS AND FAMILIES CAN REACH OUT TO FOR HELP, SUCH AS PARTNERING WITH LOCAL CHURCHES BY OFFERING A FREE MONTHLY MEAL AT THE VFW FOR THOSE...

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AN IMPORTANT ROLE OF POST 3388 IS TO BE AN ORGANIZATION INDIVIDUALS AND FAMILIES CAN REACH OUT TO FOR HELP, SUCH AS PARTNERING WITH LOCAL CHURCHES BY OFFERING A FREE MONTHLY MEAL AT THE VFW FOR THOSE INDIVIDUALS AND FAMILIES IN NEED.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $393,034
Investment Income $349
Other Revenue $1,514
TOTAL REVENUE $394,897

Expense Breakdown

Grants Paid $0
Salaries & Benefits $132,920
Fundraising Expenses $0
Program Expenses $355,495
Other Expenses $256,891
TOTAL EXPENSES $389,811

Year-over-Year Comparison

2025 2024 Change
Revenue $394,897 $359,938 +0.1%
Expenses $389,811 $312,338 +0.2%
Net Income $5,086 $47,600 -0.9%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
21
Volunteers
30

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
3
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GILBERT F AMDAHL TRUSTEE 6.00
Director
$0 $0 $0
OLIVER ANDERSON TRUSTEE 6.00
Director
$0 $0 $0
KENNETH BILLINGS TRUSTEE 6.00
Director
$0 $0 $0
MIKE DALEN COMMANDER 6.00
Officer Director
$0 $0 $0
STEVE DIETERICH SERGEANT OF 6.00
Director
$0 $0 $0
STEVEN ERICKSON CHAPLAIN 6.00
Director
$0 $0 $0
ROBERT E FINE TRUSTEE 6.00
Director
$0 $0 $0
EVERETT HOUGE TRUSTEE 6.00
Director
$0 $0 $0
DENNIS JOHNSON SR. VICE COM 6.00
Director
$0 $0 $0
GENE KALVEDT TRUSTEE 6.00
Director
$0 $0 $0
DAVID METCALF QUARTERMASTE 6.00
Officer Director
$0 $0 $0
GARY RICHARD TRUSTEE 6.00
Director
$0 $0 $0
STEVEN D WOODLEY JR. VICE COM 6.00
Officer Director
$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 $394,897 $389,811 $103,243 $5,086
2024 No data No data No data No data
2023 $299,566 $285,691 $32,495 $13,875
2022 $279,903 $286,279 $32,053 $-6,376
2021 $284,418 $259,422 $48,745 $24,996
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