TY 2014 Form 990EZ


	1	Contributions, gifts, grants, and similar amounts received...............	1	3,108
2	Program service revenue including government fees and contracts ............	2
3	Membership dues and assessments......................	3	470
4	Investment income...........................	4	2,446
5a	Gross amount from sale of assets other than inventory........	5a
b	Less: cost or other basis and sales expenses...........	5b	0
c	Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......	5c
6	Gaming and fundraising events
a	Gross income from gaming (attach Schedule G if greater than $15,000) .	6a	107,110
b	Gross income from fundraising events (not including $ of contributions from fundraising events reported on line 1) (attach Schedule G if the
	sum of such gross income and contributions exceeds $15,000)	6b	3,708
c	Less: direct expenses from gaming and fundraising events.......	6c	64,148
d	Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)	6d	46,670
7a	Gross sales of inventory, less returns and allowances........	7a	79,196
b	Less: cost of goods sold.................	7b	53,802
c	Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........	7c	25,394
8	Other revenue (describe in Schedule O) .....................	8	102
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8..............	9	78,190
	10	Grants and similar amounts paid (list in Schedule O) .................	10	4,762
11	Benefits paid to or for members........................	11
12	Salaries, other compensation, and employee benefits................	12	36,161
13	Professional fees and other payments to independent contractors............	13	2,025
14	Occupancy, rent, utilities, and maintenance...................	14	1,371
15	Printing, publications, postage, and shipping...................	15
16	Other expenses (describe in Schedule O) ....................	16	27,517
17	Total expenses. Add lines 10 through 16 .................	17	71,836
	18	Excess or (deficit) for the year (Subtract line 17 from line 9)............	18	6,354
19	Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
	end-of-year figure reported on prior year’s return)................	19	100,569
20	Other changes in net assets or fund balances (explain in Schedule O) ..........	20
21	Net assets or fund balances at end of year. Combine lines 18 through 20.........	21	106,923

Contributions, gifts, grants, and similar amounts received...............

3,108

Program service revenue including government fees and contracts ............

Membership dues and assessments......................

470

Investment income...........................

2,446

Gross amount from sale of assets other than inventory........

Less: cost or other basis and sales expenses...........

Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......

Gaming and fundraising events

Gross income from gaming (attach Schedule G if greater than $15,000) Click to see attachment

107,110

Gross income from fundraising events (not including $ of contributions
from fundraising events reported on line 1) (attach Schedule G if the Click to see attachment

sum of such gross income and contributions exceeds $15,000)

3,708

Less: direct expenses from gaming and fundraising events.......

64,148

Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)

46,670

Gross sales of inventory, less returns and allowances........

79,196

Less: cost of goods sold.................

53,802

Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........

25,394

Other revenue (describe in Schedule O) .....................

102

Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8.............. Bullet

78,190

Grants and similar amounts paid (list in Schedule O) .................

4,762

Benefits paid to or for members........................

Salaries, other compensation, and employee benefits................

36,161

Professional fees and other payments to independent contractors............

2,025

Occupancy, rent, utilities, and maintenance...................

1,371

Printing, publications, postage, and shipping...................

Other expenses (describe in Schedule O) ....................

27,517

Total expenses. Add lines 10 through 16 ................. Bullet

71,836

Excess or (deficit) for the year (Subtract line 17 from line 9)............

6,354

Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with

end-of-year figure reported on prior year’s return)................

100,569

Other changes in net assets or fund balances (explain in Schedule O) ..........

Net assets or fund balances at end of year. Combine lines 18 through 20......... Bullet

106,923

Part IIIStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III .	Expenses (Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)
What is the organization's primary exempt purpose? 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.
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 PROVIDE FELLOWSHIP FOR VETERANS OF FOREIGN WARS AND FINANCIAL AID IN FORM OF SCHOLARSHIPS OR DONATIONS TO THOSE IN NEED (Grants $ 71,836) If this amount includes foreign grants, check here ...	28a
29 (Grants $ ) If this amount includes foreign grants, check here ...	29a
30 (Grants $ ) If this amount includes foreign grants, check here ...	30a
31 Other program services (describe in Schedule O) (Grants $ ) If this amount includes foreign grants, check here...	31a
32 Total program service expenses (add lines 28a through 31a)..........	32	71,836

Part IIIStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III .

Expenses
(Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)

What is the organization's primary exempt purpose? 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.

Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.

28 PROVIDE FELLOWSHIP FOR VETERANS OF FOREIGN WARS AND FINANCIAL AID IN FORM OF SCHOLARSHIPS OR DONATIONS TO THOSE IN NEED
(Grants $ 71,836) If this amount includes foreign grants, check here ... MediumBullet

28a

29
(Grants $ ) If this amount includes foreign grants, check here ... MediumBullet

29a

30
(Grants $ ) If this amount includes foreign grants, check here ... MediumBullet

30a

31 Other program services (describe in Schedule O)
(Grants $ ) If this amount includes foreign grants, check here... MediumBullet

31a

32 Total program service expenses (add lines 28a through 31a).......... bullet

71,836

(a) Name and title	(b) Average hours per week devoted to position	(c)Reportable compensation (Forms W-2/1099-MISC) (if not paid, enter -0-)
THOMAS BELYEU COMMANDER	4.00	0
STANLEY TRUELOCK VICE COMMANDER	1.00	0
EWING LUCAS VICE COMMANDER	1.00	0
DERAL MILLIKEN SR QUARTERMASTER	10.00	6,750
HERMAN SWART CHAPLAIN	0	0
JERRY FLING KEY EMPLOYEE	0	7,050

(a) Name and title

(b) Average
hours per week
devoted to position

(c)Reportable compensation
(Forms W-2/1099-MISC) (if not paid, enter -0-)

(d) Health benefits, contributions to employee benefit plans,
and deferred compensation

(e) Estimated amount
of other compensation

THOMAS BELYEU
COMMANDER

4.00

STANLEY TRUELOCK
VICE COMMANDER

1.00

EWING LUCAS
VICE COMMANDER

1.00

DERAL MILLIKEN SR
QUARTERMASTER

10.00

6,750

HERMAN SWART
CHAPLAIN

JERRY FLING
KEY EMPLOYEE

7,050

(a) Name and title of each employee

(b) Average
hours per week
devoted to position

(c) Reportable compensation
(Forms W-2/1099-MISC)

(d) Health benefits, contributions to employee benefit plans, and deferred compensation

(e) Estimated amount of other compensation

NONE

(a) Name and business address of each independent contractor

(b) Type of service

(c) Compensation

NONE

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public
Inspection

Name of the organization

VETERANS OF FOREIGN WARS POST 3542

Employer identification number

74-2250051

Return Reference	Explanation
Other Revenue.1	CANCELLED CHECKS $102
Other Expenses.1001	Advertising and Promotion $330
Other Expenses.1002	Office Expenses $1521
Other Expenses.1009	Depreciation $4447
Other Expenses.1012	Insurance $3742
Other Expenses.1	Utilities $11547
Other Expenses.2	Maintenance & Repairs $3646
Other Expenses.3	Contract Services $3146
Other Expenses.4	Kitchen Expenses $2215
Other Expenses.5	Food & Toy Drive Expense $1329
Other Expenses.6	Meetings $840
Other Expenses.7	Voice of Democracy $500
Other Expenses.8	Appreciation Dinner $410
Other Expenses.9	Patriot Pen Expense $225
Other Expenses.10	Income tax $225
Other Expenses.11	Chili Cook Off Expense $200
Other Expenses.12	Fire Extinquishers $193
Other Expenses.13	Membership Expense $145
Other Expenses.14	Flag Expense $139
Other Expenses.15	Bond $126
Other Expenses.16	Veterans Dinner $123
Other Expenses.17	Buddy Poppy Expense $65
Other Expenses.18	Permits & Fees $39
Other Expenses.19	Dues & Subscriptions $35
Other Expenses.20	Service Officer $20
Other Expenses.21	Reported Cash Tips Offset $-7691
Other Assets.1002	Furniture and Fixtures - Beginning $21111 Furniture and Fixtures - Ending $18664
Other Assets.2	Prepaid FIT - Beginning $1440 Prepaid FIT - Ending $0
Total Liabilities.1001	Accounts Payable and Accrued Expenses - Beginning $783 Accounts Payable and Accrued Expenses - Ending $599

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2014

Additional Data

Software ID:	14000265
Software Version:	2014v5.0

Sign Here

	Signature of officer	Date

	Type or print name and title

a	Mail solicitations	e	Solicitation of non-government grants
b	Internet and email solicitations	f	Solicitation of government grants
c	Phone solicitations	g	Special fundraising events
d	In-person solicitations

(i) Name and address of individual or entity (fundraiser)	(iii) Did fundraiser have custody or control of contributions?
	Yes	No










Total .................

			(a) Event #1 (event type)	(b) Event #2 (event type)	(c) Other events (total number)	(d) Total events (add col. (a) through col. (c))
	1	Gross receipts . . .
	2	Less: Contributions . .
	3	Gross income (line 1 minus line 2) . . .
	4	Cash prizes . . .
	5	Noncash prizes . .
	6	Rent/facility costs . .
	7	Food and beverages .
	8	Entertainment . . .
	9	Other direct expenses .
	10	Direct expense summary. Add lines 4 through 9 in column (d) ...........
	11	Net income summary. Subtract line 10 from line 3, column (d)...........