Ipsargebell Memorial Post 3377 EIN 74-2250050 Form 990 (PDF) Claim this org

Ipsargebell Memorial Post 3377

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Connects veterans of overseas conflicts, supports them and communities, and advocates for all veterans. For fiscal year 2025 it reported $510K in revenue, $509K in expenses, and $562K in net assets.Pt I

Type
Mutual-benefit / member-serving · Nonprofit
Location
Manchaca, TX
Website
vfw3377.org
Filings
5 on file (2021–2025)
Revenue
$510KFY2025
Expenses
$509K
Net assets
$562K
People
11
Filings
5
Updates
0
More identity details & actions ⌄
EIN  74-2250050 Mutual-benefit / member-serving Manchaca, TX
Form 990 (PDF)
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Size
$100K–1M
What they do
Connects veterans of overseas conflicts, supports them and communities, and advocates for all veterans.
Leadership
Michael L Kerman · 1 Year Trustee · $15K
Money in and out
$510K revenue, $509K expenses
Bottom line
+0.03% surplus margin
Reported financial activity · FY2025
Total revenue
$510K
Pt VIII · Ln 12
Total expenses
$509K
Pt IX · Ln 25
Net assets
$562K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $154
Where spending went · Part IX cols B–D
Program services $1.00
Surplus margin
+0.03%
revenue over expenses, this year▲ +100% vs prior filing year
Program spending
100%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$510K
FY2025▲ +45%
Expenses
$509K
FY2025▲ +20%
Total assets
$662K
FY2025▲ +5%
Total liabilities
$100K
FY2025▲ +48%
Total revenue
$510K
Pt VIII · Ln 12
Total expenses
$509K
Pt IX · Ln 25
Net assets
$562K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$154
Total assetsPt X · Ln 16$662K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 4236

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CIpsargebell Memorial Post 3377
EINHdr · item D74-2250050
Principal addressHdr · item CManchaca, TX
WebsiteHdr · item Jvfw3377.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(19) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFSep 1982

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b236
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
1 Year Trustee
$15,267Pt VII · Sec A
Post Judge Advocate
$11,293Pt VII · Sec A
Former Quartermaster
$10,125Pt VII · Sec A
Quartermaster
$3,612Pt VII · Sec A
Chaplain (appointed)
$0Pt VII · Sec A
SR Vice Commander
$0Pt VII · Sec A
2 Year Trustee
$0Pt VII · Sec A
JR Vice Commander
$0Pt VII · Sec A

Compensation history total reportable pay by year · 7 named individuals · Part VII

NameFY2025FY2024FY2022FY2021
Richard R Desrosiers$21,093$19,698
Michael L Kerman$15,267
Martn Pack$13,600
Ted M Lange$11,293
Martin J Pack$10,125
Richard R Desrosiers$3,900
Michael a Murray$3,612

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.

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Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2024.
01

To foster camaraderie among united states veterans of overseas conflicts and to serve our veterans, the military, and our communiteies and advocate on behalf of all veterans.

Pt IX · col B

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Statement of Revenue

Part VIII
Program service revenue$498K · 98%
Contributions & grants$8K · 2%
Other revenue$3K · 1%
Program service revenue98%$498K
Contributions & grants2%$8K
Other revenue1%$3K
Total revenueLn 12$510K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$509K
Total functional expensesLn 25$509K

Balance Sheet

Part X · end of year
CashLn 1$342K
Total assetsLn 16$662K
Total liabilitiesLn 26$100K
Total net assetsLn 32$562K
Months of cash on handcomputed8.1

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $342K · Operating expenses/yr $509K
8.1 months
Where the money goes
Program services
Program services $509K · Total expenses $509K
100%
Management & General
Management & general $0 · Total expenses $509K
0%
Fundraising
Fundraising $0 · Total expenses $509K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $212K · Solicited contributions (2-yr avg) $9K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $8K · Total revenue $510K
2%
Government reliance
Government grants — · Total revenue $510K
Earned-income share
Program service revenue $498K · Total revenue $510K
98%
Investment reliance
Investment income $0 · Total revenue $510K
0%
Program self-sufficiency
Program service revenue $498K · Total expenses $509K
98%
Growth & trend
Revenue growth (YoY)
This year $510K · Prior year $352K
+45%
Revenue CAGR
FY2020 $212K · FY2024 $510K
+25%
Net-asset trend (YoY)
End of year $562K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $510K · Expenses $509K
+0.03%
Liabilities-to-Assets
Total liabilities — · Total assets $662K
Net-asset ratio
Net assets $562K · Total assets $662K
85%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $662K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Michael L Kerman · Reported title 1 YEAR TRUSTEE · Highest reported compensation $15K · Total expenses $509K
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $92K · Total expenses $509K
18%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth 45%
Legal fee ratio 0.2%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$510K revenue · viewing · ⤓ 990 PDF
FY2024$352K revenue · ⤓ 990 PDF
FY2023$327K revenue · ⤓ 990 PDF
FY2022$288K revenue · ⤓ 990 PDF
FY2021$212K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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