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JOSEPH L STEVENS VFW POST 1240

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Tax-exempt status may be revoked

JOSEPH L STEVENS VFW POST 1240

EIN 04-3136983 · Commemorative Events (A84)

What they do

FRATERNAL ORGANIZATION for THE BENEFIT of VETERANS.

Before you give

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This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2021The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders5 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$83.74spent for every $100 of revenueRevenue covered expenses this year.
$0.22in assets for every $1 spent this yearSome assets cannot be spent right away.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $4,532 for MALCOLM MALOON (TREASURER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2021

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$164,696
Expenses$137,923
Annual surplus $26,773 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$164,696
Expenses$137,923
Assets$29,754
Accounting fees$1,500
People

Leadership and board

Tax year 2021

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
MALCOLM MALOONTREASURER · 5 hrs/week $4,532

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (5)

MALCOLM MALOONTREASURER

GEORGE FITZHENRYTREASURER

JOHN SACHERSKIPRESIDENT

ROBERT STAPLETONDIRECTOR

WARREN MCCANNONDIRECTOR

About this charity

Recognized since
May 1987
Location
8 PINE ST, SWAMPSCOTT, MA 01907
County
Essex
In care of
MALCOLM MALOON
Primary officer
MALCOLM MALOON, TREASURER

How to reach them

Filing and classification

Latest tax year
2021
Tax period began
January 1, 2021
Return type
990
Tax preparer
DAVID P MILLER CPA
NTEE classification
Commemorative Events (A84)
IRS tax category
Commemorative Events
Revocation date
May 15, 2025

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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