philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Waconia VFW Post 5462

Tax-deductible

Watertown, MN501(c)(19)Mutual / membership EIN 41-6037793Revenue $278K in FY2022Files the 990-N e-Postcard (latest 2024). Last full Form 990: 2021.

On file with the IRSWatertown, MNTax-exempt since Dec 1949

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $300 a year.

How does your 990 look to donors? Take the 10-Question Audit

Provide social and recreation activities for veterns of foreign wars.

Form 990 Part I, line 1, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 41-6037793) · Dispute this line
501(c)(19) veterans' organization; the IRS lists gifts to it as tax-deductible.
96¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(19)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest 990-N e-Postcard
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Spent on programs
96%
of spending
96% of spending went to programs.
Pt IX · Ln 25 · col B
Cash reserves
99.7 mo
of spending, in cash
99.7 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
8
of 8 voting members
8 of 8 voting members are independent.
Pt VI · Ln 1a–1b
In line with peersDifferent from peersFar from peersNo peer rangeNo data yetTap a box for the reason.
Revenue
$278K
Spent
$46K
To programs
96%
Net assets
$382K

From the FY2022 Form 990 (year ending June 2022) · see the original

990 PDF Support Claim

Is it real?

Yes. Never revoked by the IRS. Files the 990-N e-Postcard (latest 2024). Last full Form 990: 2021. IRS ruling in Dec 1949.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $44K Management & general 3% · $2K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$0Pt VII · Sec A
Joseph Neisen JR
JR Vice Commander
$0Pt VII · Sec A
Steve Motl
Quartermaster & Adjutant
$0Pt VII · Sec A
Martin Melchert
SR Vice Commander & Surgeon
$0Pt VII · Sec A
Roger Lehrke
Trustee & Judge Advocate
$0Pt VII · Sec A
Jerald Kahle
Chaplain & Service Officer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Waconia VFW Post 5462 executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers social and recreation activities for veterans of foreign wars.

Questions for Waconia VFW Post 5462

Tap to ask. Waconia VFW Post 5462 sees how many people are interested.

Your first name shows with your question. Waconia VFW Post 5462 answers here, for everyone.

1 program · $44K · in their own filed words · FY2021
01

Provide service and funding for veterans

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 41-6037793) · Dispute this line
$44Kprogram expense

By the numbers

The FY2022 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$278K
Ln 12
Investment incomeLn 3$271K
Fees for servicesLn 2g$7K
Money outPt IX
$46K
Ln 25
Programscol B$44K
Managementcol C$2K
Owns and owesPt X
$382K
net assets · Ln 32
Cash and savingsLn 1–2$382K
Total assetsLn 16$382K
LiabilitiesLn 26$0
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$7K
Investment incomeLn 3$271K
Gains on assetsLn 7$271K
Total revenueLn 12$278K
Assets in detailPt X, end of year
CashLn 1$294K
SavingsLn 2$89K
Cash and savings togetherLn 1–2$382K
Total assetsLn 16$382K
LiabilitiesLn 26$0
Net assetsLn 32$382K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$117K$382K
Land, buildings, equipmentLn 10c$34K$0
Total assetsLn 16$151K$382K
LiabilitiesLn 26$0$0
Net assetsLn 32$151K$382K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$450$450
Accounting feesLn 11c$975$975
Advertising and promotionLn 12$188$188
OccupancyLn 16$4K$4K
TravelLn 17$69$69
Conferences, conventions and meetingsLn 19$2K$2K
Depreciation, depletion and amortizationLn 22$361
InsuranceLn 23$736$736
Other expenses (24a–d)Ln 24$36K$36K
All other expensesLn 24e$780$677$103
Total functional expensesLn 25$46K$44K$2K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest ViewingFiled with the IRS Nov 10, 2022 $278K$46K$232K$382K 990 PDF

Files the 990-N e-Postcard (latest 2024). Last full Form 990: 2021. The 990-N has no money details, and postcard years before 2024 are not published by the IRS.

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2022 990
Part I · Summary $277,788 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $0$6,580
I-10 Investment incomePrior year $0$271,208
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $0$277,788
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $775$46,039
I-18 Total expensesPrior year $775$46,039
I-19 Revenue less expensesPrior year −$775$231,749
Part VI · Governance 8 of 8 board members independent, 1 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $277,788 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $6,580$6,580
VIII-3 Investment incomeRelated to mission $16$16
VIII-7 Net gain or loss on sales of assetsRelated to mission $271,192$271,192
VIII-12 Total revenueRelated to mission $277,788 · Unrelated business $0 · Excluded from tax $0$277,788
Part IX · Statement of functional expenses $46,039 across 10 lines filed
IX-11b Legal feesManagement $450$450
IX-11c Accounting feesManagement $975$975
IX-12 Advertising and promotionPrograms $188$188
IX-16 OccupancyPrograms $3,857$3,857
IX-17 TravelPrograms $69$69
IX-19 Conferences, conventions and meetingsPrograms $2,243$2,243
IX-22 Depreciation, depletion and amortization$361
IX-23 InsurancePrograms $736$736
IX-24 Other expenses (24a–d)Programs $36,380$36,380
IX-24e All other expensesPrograms $677 · Management $103$780
IX-25 Total functional expensesPrograms $44,150 · Management $1,528 · Fundraising $0$46,039
Part X · Balance sheet $382,330 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $116,925$293,785
X-2 Savings and temporary cash investments$88,545
X-10c Land, buildings and equipment, netStart of year $33,656$0
X-16 Total assetsStart of year $150,581$382,330
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $150,581$382,330
X-32 Total net assets or fund balancesStart of year $150,581$382,330
X-33 Total liabilities and net assetsStart of year $150,581$382,330
Part XI · Reconciliation of net assets $382,330 net assets at year end
XI-1 Total revenue$277,788
XI-2 Total expenses$46,039
XI-3 Revenue less expenses$231,749
XI-4 Net assets at start of year$150,581
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$382,330

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.