VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF NC

EIN: 560470953

SPRING LAKE, NC

Total Revenue
$602,179
Total Expenses
$703,000
Total Assets
$1,380,903
Net Assets
$1,370,207
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
DC
Principal Officer
JENNIFER HUTT
Phone
9198285058
Tax Period
2023-06-01 to 2024-05-31

VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF NC, founded in 1974, is a small nonprofit that reported $602K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Expenses of $703K exceeded revenue, resulting in a 17% operating deficit.

Mission

TO FOSTER CAMARADERIE AMONG UNITED STATES VETERANS OF OVERSEAS CONFLICTS. TO SERVE OUR VETERANS, THE MILITARY AND OUR COMMUNITIES. TO ADVOCATE ON BEHALF OF ALL VETERANS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $462,407
Program Service Revenue $81,769
Investment Income $36,095
Other Revenue $21,908
TOTAL REVENUE $602,179

Expense Breakdown

Grants Paid $57,673
Salaries & Benefits $213,110
Fundraising Expenses $0
Other Expenses $432,217
TOTAL EXPENSES $703,000

Year-over-Year Comparison

2023 2022 Change
Revenue $602,179 $727,448 -0.2%
Expenses $703,000 $792,157 -0.1%
Net Income $-100,821 $-64,709 +0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
34
Independent Members
32
Employees
10
Volunteers
1500

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
9
$85,092
Total Directors
34
$85,092
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HELEN NELSON COMMANDER/ADJUTANT 20.00
Officer Director
$29,942 $0 $29,942
ANNA CUMMINGS SR VICE COMMANDER 20.00
Officer Director
$0 $0 $0
EDWARD BEARD JR VICE COMMANDER 3.00
Officer Director
$0 $0 $0
JENNIFER HUTT QUARTERMASTER 37.00
Officer Director
$55,150 $0 $55,150
JOSHUA HOLT JUDGE ADVOCATE 1.00
Officer Director
$0 $0 $0
JOHNNY TAYLOR SURGEON 1.00
Officer Director
$0 $0 $0
ALECIA JUDD CHAPLAIN 1.00
Officer Director
$0 $0 $0
THOMAS PERSON CHIEF OF STAFF 1.00
Officer Director
$0 $0 $0
MICKEY BIGGS INSPECTOR 3.00
Officer Director
$0 $0 $0
TIMOTHY WOODS PAST DEPARTMENT COMMANDER 0.50
Director
$0 $0 $0
CRAIG ARMSTRONG PAST DEPARTMENT COMMANDER 0.50
Director
$0 $0 $0
VICTOR LETOURNEAUT PAST DEPARTMENT COMMANDER 0.50
Director
$0 $0 $0
RUSSELL CHAMBERS PAST DEPARTMENT COMMANDER 0.50
Director
$0 $0 $0
GRAHAM LEAVER DISTRICT COMMANDER 0.50
Director
$0 $0 $0
ROBERT BROCK DISTRICT COMMANDER 0.50
Director
$0 $0 $0
JIMMY BAUGHAM DISTRICT COMMANDER 0.50
Director
$0 $0 $0
DAVID BURGER DISTRICT COMMANDER 0.50
Director
$0 $0 $0
DANIEL MCHUGH DISTRICT COMMANDER 0.50
Director
$0 $0 $0
CHRISTOPHER BROWN DISTRICT COMMANDER 0.50
Director
$0 $0 $0
ROBERT KENNEDY DISTRICT COMMANDER 0.50
Director
$0 $0 $0
MICKEY BIGGS DISTRICT COMMANDER 0.50
Director
$0 $0 $0
CRAIG ARMSTRONG DISTRICT COMMANDER 0.50
Director
$0 $0 $0
JOHN MARION DISTRICT COMMANDER 0.50
Director
$0 $0 $0
STEPHEN AMOS DISTRICT COMMANDER 0.50
Director
$0 $0 $0
ROBERTA SHEETS DISTRICT COMMANDER 0.50
Director
$0 $0 $0
NATHANIEL DRISKER DISTRICT COMMANDER 0.50
Director
$0 $0 $0
ARTHUR GORDON DISTRICT COMMANDER 0.50
Director
$0 $0 $0
LONNIE JOINES DISTRICT COMMANDER 0.50
Director
$0 $0 $0
ROBERT SUMNER DISTRICT COMMANDER 0.50
Director
$0 $0 $0
ROBERT MORROW DISTRICT COMMANDER 0.50
Director
$0 $0 $0
NICHOLAS CONRAD DISTRICT COMMANDER 0.50
Director
$0 $0 $0
ERIC BROWN DISTRICT COMMANDER 0.50
Director
$0 $0 $0
DAVID MICHAEL COLLINS DISTRICT COMMANDER 0.50
Director
$0 $0 $0
JOHN GLENN DISTRICT COMMANDER 0.50
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 No data No data No data No data
2024 $602,179 $703,000 $1,380,903 $-100,821
2024 $51,407 $39,175 $1,395,024 $12,232
2023 $727,448 $792,157 $1,444,530 $-64,709
2022 $581,216 $568,867 $1,537,017 $12,349
2021 $519,762 $405,599 $1,601,135 $114,163
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