553 Welcome Post FY2023 filing

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Veteran's assistance

Form 990 Part I, line 1, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 41-6080933) · Dispute this line
501(c)(19) veterans' organization; the IRS lists gifts to it as tax-deductible.
57¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · 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
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $38K a year · 48% of revenue · last 5 filings
A surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
57%
of spending
57% of spending went to programs.
Pt IX · Ln 25 · col B
104.3 mo
of spending, in cash
104.3 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
3
of 3 voting members
3 of 3 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$38K
-65% vs prior year
Spent
$22K
To programs
57%
Net assets
$243K
By yearFY2021–FY2025
Revenue
$38K
FY2023▼ -65%
Tap a bar for its year
Revenue by fiscal year
FY2021$90K
FY2022$109K
FY2023$38K
FY2024$63K
FY2025$89K
Expenses
$22K
FY2023▼ -71%
Tap a bar for its year
Expenses by fiscal year
FY2021$54K
FY2022$77K
FY2023$22K
FY2024$31K
FY2025$17K
Net assets
$243K
FY2023▼ -9%
Tap a bar for its year
Net assets by fiscal year
FY2021$236K
FY2022$268K
FY2023$243K
FY2024$275K
FY2025$392K

From the FY2023 Form 990 (year ending September 2023) · see the original

You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1946.

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

Where the money goes

57 cents of each dollar spent went to programs.

Program services 57% · $13K Management & general 43% · $10K

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

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Commander
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2025FY2021
Ron Bettin$300—
Dakota Hensley$300—
Mick Finke—$300
John McDonald—$300
Allen Bremer$200—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See 553 Welcome Post 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

553 Welcome Post is a member-serving organization based in Welcome, MN.

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1 program · in their own filed words · FY2022
01

Provide assistance to veterans and their families. Advocate for veterans so that they may achieve meaningful careers, educations, healthcare services, and stable home environments. Mentor the younger generation to become responsible citizens. Support current military personnel.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 41-6080933) · Dispute this line
Pt IX · Ln 25 · col B

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$38K
Ln 12
Other incomeLn 4–11$30K
Gifts and grantsLn 1h$8K
Money outPt IX
$22K
Ln 25
Programscol B$13K
Managementcol C$10K
Owns and owesPt X
$243K
net assets · Ln 32
Cash and savingsLn 1–2$194K
Total assetsLn 16$243K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$8K
Other incomeLn 4–11$30K
Total revenueLn 12$38K
Assets in detailPt X, end of year
CashLn 1$123K
SavingsLn 2$70K
Cash and savings togetherLn 1–2$194K
Land, buildings, equipmentLn 10c$49K
Total assetsLn 16$243K
LiabilitiesLn 26$0
Net assetsLn 32$243K
OperationsPt I, VI
EmployeesI 53
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$216K$194K
Land, buildings, equipmentLn 10c$53K$49K
Total assetsLn 16$269K$243K
LiabilitiesLn 26$2K$0
Net assetsLn 32$268K$243K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$975$877$98
Advertising and promotionLn 12$152$152
OccupancyLn 16$5K$5K
Depreciation, depletion and amortizationLn 22$1K$1K$113
InsuranceLn 23$1K$1K$134
Other expenses (24a–d)Ln 24$12K$4K$8K
All other expensesLn 24e$2K$1K$830
Total functional expensesLn 25$22K$13K$10K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Feb 10, 2026 $89K$17K$72K$392K 990 PDF
FY2024Filed with the IRS Mar 28, 2025 $63K$31K$32K$275K 990 PDF
FY2023 ViewingFiled with the IRS Apr 15, 2024 $38K$22K$16K$243K 990 PDF
FY2022Filed with the IRS Jan 12, 2023 $109K$77K$32K$268K 990 PDF
FY2021Filed with the IRS Jan 21, 2022 $90K$54K$36K$236K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2023 990
Part I · Summary $38,002 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,075$7,783
I-9 Program service revenuePrior year $11,000$0
I-10 Investment incomePrior year $289$0
I-11 Other revenuePrior year $92,405$30,219
I-12 Total revenuePrior year $108,769$38,002
I-13 Grants and similar amounts paidPrior year $23,920$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,000$975
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $51,892$21,327
I-18 Total expensesPrior year $76,812$22,302
I-19 Revenue less expensesPrior year $31,957$15,700
Part VI · Governance 3 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $38,002 across 5 lines filed
Lines not itemized here account for $22,962 of total revenue; see the IRS return.
VIII-1b Membership dues$828
VIII-1f All other contributions, gifts and grants$6,955
VIII-1h Total contributions, gifts and grants$7,783
VIII-6 Net rental income or lossExcluded from tax $7,257$7,257
VIII-12 Total revenueUnrelated business $19,518 · Excluded from tax $10,701$38,002
Part IX · Statement of functional expenses $22,302 across 7 lines filed
IX-7 Other salaries and wagesPrograms $877 · Management $98$975
IX-12 Advertising and promotionManagement $152$152
IX-16 OccupancyPrograms $4,811$4,811
IX-22 Depreciation, depletion and amortizationPrograms $1,012 · Management $113$1,125
IX-23 InsurancePrograms $1,206 · Management $134$1,340
IX-24 Other expenses (24a–d)Programs $3,657 · Management $8,238$11,895
IX-24e All other expensesPrograms $1,174 · Management $830$2,004
IX-25 Total functional expensesPrograms $12,737 · Management $9,565 · Fundraising $0$22,302
Part X · Balance sheet $243,161 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $109,112$123,413
X-2 Savings and temporary cash investmentsStart of year $107,298$70,366
X-10c Land, buildings and equipment, netStart of year $52,688$49,382
X-16 Total assetsStart of year $269,098$243,161
X-26 Total liabilitiesStart of year $1,538$0
X-31 Retained earnings or endowmentStart of year $267,560$243,161
X-32 Total net assets or fund balancesStart of year $267,560$243,161
X-33 Total liabilities and net assetsStart of year $269,098$243,161
Part XI · Reconciliation of net assets $243,161 net assets at year end
XI-1 Total revenue$38,002
XI-2 Total expenses$22,302
XI-3 Revenue less expenses$15,700
XI-4 Net assets at start of year$267,560
XI-8 Prior period adjustments−$40,099
XI-10 Net assets at end of year$243,161

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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