Nonprofit · EIN 41-0778772
VETERANS OF FOREIGN WARS DEPT OF MINNESOTA
Also known as 5555 FRED BABCOCK
Tax-exempt · MINNEAPOLIS, MN 55423
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $467,924 | $512,569 | -$44,645 | $774,038 | $102,182 | $671,856 |
| June 30, 2024 | 990 | $526,682 | $465,203 | $61,479 | $806,643 | $69,398 | $737,245 |
| June 30, 2023 | 990 | $983,458 | $921,766 | $61,692 | $700,705 | $59,273 | $641,432 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $13,487
- Membership dues
- $2,426
- Program service revenue
- $0
- Investment income
- $37,590
- Net income from gaming
- -$8,394
- Net income from sales of inventory
- $425,241
- Other revenue
- $416,847
Expenses
- Grants and similar amounts paid
- $5,552
- Other salaries and wages
- $122,820
- Salaries, compensation and benefits (total)
- $166,305
- Professional fundraising fees
- $0
- Accounting fees
- $22,090
- Occupancy
- $120,838
- Depreciation
- $4,332
Balance sheet and other
- Total assets, start of year
- $806,643
- Total assets, end of year
- $774,038
- Total liabilities, end of year
- $102,182
- Net assets, end of year
- $671,856
- Land, buildings and equipment
- $35,775
- Net assets without donor restrictions
- $671,856
- Gross unrelated business income
- -$66,220
- Gross receipts
- $5,661,847
- Employees
- 38
- Volunteers
- 10
- Year formed
- 1955
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS GOALEN | GAMBLING MANAGER Trustee or director | 1 | $23,400 |
| WILLIAM A MCGEE | COMMANDER Officer | 0 | $0 |
| EDWARD C FLETCHER | SENIOR VICE COMMANDER Officer | 0 | $0 |
| JOHN E POWERS | JUNIOR VICE COMMANDER Officer | 0 | $0 |
| ERIK R MEADE | CHAPLAIN Officer | 0 | $0 |
| WILLIAM PASCHALL | TRUSTEE Officer | 0 | $0 |
| RICHARD A STORLIE | SERVICE OFFICER / QUARTERMASTER Officer | 0 | $0 |
| DENNIS L KENNY | TRUSTEE Officer | 0 | $0 |
| DEBORAH A VANGEL | ADJUTANT Officer | 0 | $0 |
| FRANCIS LUFTMAN | JUDGE ADVOCATE Officer | 0 | $0 |
| KERRY A KNUTSON | TRUSTEE Officer | 0 | $0 |
| ERIC C DUNN | TRUSTEE Officer | 0 | $0 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM A MCGEE | COMMANDER Officer | 0 | $0 |
| EDWARD C FLETCHER | SENIOR VICE COMMANDER Officer | 0 | $0 |
| JOHN E POWERS | JUNIOR VICE COMMANDER Officer | 0 | $0 |
| ERIK R MEADE | CHAPLAIN Officer | 0 | $0 |
| PAUL M KAISER | TRUSTEE Officer | 0 | $0 |
| RICHARD A STORLIE | SERVICE OFFICER Officer | 0 | $0 |
| DENNIS L KENNY | TRUSTEE Officer | 0 | $0 |
| DEBORAH A VANGEL | ADJUTANT Officer | 0 | $0 |
| FRANK LUFTMAN | JUDGE ADVOCATE Officer | 0 | $0 |
| ERNEST P KONSTAS | SURGEON Officer | 0 | $0 |
| RICHARD A STORLIE | QUARTERMASTER Officer | 0 | $0 |
| ERIC C DUNN | TRUSTEE Officer | 0 | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM A MCGEE | COMMANDER Officer | 0 | $0 |
| EDWARD C FLETCHER | SENIOR VICE COMMANDER Officer | 0 | $0 |
| JOHN E POWERS | JUNIOR VICE COMMANDER Officer | 0 | $0 |
| ERIK R MEADE | CHAPLAIN Officer | 0 | $0 |
| PAUL M KAISER | TRUSTEE Officer | 0 | $0 |
| RICHARD A STORLIE | SERVICE OFFICER Officer | 0 | $0 |
| DENNIS L KENNY | TRUSTEE Officer | 0 | $0 |
| DEBORAH A VANGEL | ADJUTANT Officer | 0 | $0 |
| FRANK LUFTMAN | JUDGE ADVOCATE Officer | 0 | $0 |
| ERNEST P KONSTAS | SURGEON Officer | 0 | $0 |
| RICHARD A STORLIE | QUARTERMASTER Officer | 0 | $0 |
| ERIC C DUNN | TRUSTEE Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 6715 LAKE SHORE DR S, MINNEAPOLIS, MN 55423-2333
- In care of
- % FRED BABCOCK VFW POST 5555
- Principal officer (990 for 2024)
- WILLIAM MCGEE, 6715 LAKE SHORE DRIVE, RICHFIELD, MN 55423
- Signed the 990
- WILLIAM MCGEE, COMMANDER
- Phone
- (612) 869-5555
- Website
- WWW.VFWPOST5555.COM
- Return prepared by
- LEWIS & MOUNT LLC
Mission
TO PROVIDE BENEFITS TO MILITARY PERSONNEL
Program accomplishments
- THE POST PROVIDES SOCIAL AND RECREATIONAL ACTIVITIES FOR MEMBERS, PROMOTES AND SPONSORS PATRIOTIC ACTIVITIES, ASSISTS DISABLED AND NEEDY VETERANS AND DEPENDENTS, AND PROMOTES SOCIAL WELFARE FOR THE COMMUNITY.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 41-0778772
- Tax-exempt status
- 501(c)(19): Veterans' organization
- Exempt since
- 1949
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Group exemption
- 1068: VETERANS OF FOREIGN WARS DEPT OF MINNESOTA
- Assets (IRS master file)
- $774,038
- Income (IRS master file)
- $5,661,847
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $467,924 | $512,569 | $774,038 | XML |
| 990 | June 2024 | $526,682 | $465,203 | $806,643 | IRS |
| 990 | June 2023 | $983,458 | $921,766 | $700,705 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-0778772).
Questions about VETERANS OF FOREIGN WARS DEPT OF MINNESOTA
- What is the EIN of VETERANS OF FOREIGN WARS DEPT OF MINNESOTA?
- The employer identification number (EIN) of VETERANS OF FOREIGN WARS DEPT OF MINNESOTA is 41-0778772.
- Is VETERANS OF FOREIGN WARS DEPT OF MINNESOTA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(19) since 1949.
- Which annual return does VETERANS OF FOREIGN WARS DEPT OF MINNESOTA file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of VETERANS OF FOREIGN WARS DEPT OF MINNESOTA due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VETERANS OF FOREIGN WARS DEPT OF MINNESOTA last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of VETERANS OF FOREIGN WARS DEPT OF MINNESOTA?
- The 990 for the year ended June 30, 2025 names WILLIAM MCGEE.
- Who are the officers and directors of VETERANS OF FOREIGN WARS DEPT OF MINNESOTA?
- The 990 for the year ended June 30, 2025 lists 12 people; 1 received compensation from the organization, the highest $23,400 (THOMAS GOALEN, GAMBLING MANAGER).
- How much revenue does VETERANS OF FOREIGN WARS DEPT OF MINNESOTA have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $467,924, expenses of $512,569 and total assets of $774,038 at year end.
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