Veterans Council of St Johns County Inc

“2024 Total Program Expenditures were $135,242 or 96.67% of total expenditures (including Grants of $122,750 or 87.74% of total expenditures); General and Administrative Expenditures were $4,565 or 3.19% of total expenditures and Fund Raising Costs were $95 or 0.07% of total expenditures.”

“Description;Amount^Credit Card Usage Rebates;375^Total;375^”

“Program grants are discussed in more detail in Part III. To summarize 2024's programs, direct grant expenditures to assist Veterans in need ($83,757), to conduct patriotic events ($24,297), to support the St. Johns and Putnam Counties' Veterans' Treatment Court ($9,696) and other program support ($5,000) plus related non-grant expenses of $12,492 s comprise 96.67% of total expenses. Grantees receiving more than $5,000 in 2024 were: Home Again St. Johns, Inc. for operations and improvements of Veterans' Village ($10,969 Rents paid on behalf of indigent resident Veterans; $8,198 purchase of flagpoles; $3,000 for cabinets and other materials to renovate common rooms and $1,300 to provide Thanksgiving meals to residents, total $23,467), and Ancient City Chapter, Military Officer's Association of America ("ACC MOAA") ($10,000 received as a donation by the Veterans' Council designated to support the ACC MOAA Military Ball benefiting patriotic youth organizations plus $1,200 from the Veterans' Council to participate in the Military Ball, total $11,200).”

“Program expenses reported on this line are $2,726 for storage of mobility and medical equipment available to Veterans at no charge and $6,348 for storage of household goods and furnishing available to Veterans at no charge. It is anticipated that the mobility and medical equipment will be transferred to another facility, reducing or eliminating that cash expense. The household goods are stored at a facility which could have, but does not charge their usual rate and this amount is also reported as a donation in kind. Non-program expenses are $182 Post Office Box Rental, $351 in bank and credit card processing fees and rounding $1”

“Printing, Copying and similar production costs were $1,122; Office supplies were $114, Rounding $1”

“Description;Amount^Business Registration Fees;189|Trophies Plaques and Recognition Awards;507|Liability Insurance;946|Uniforms;103|Meeting Expenses;26|Tax and Accounting Software;121|Website;964|Local Travel in support of Assistance to Veterans Line 28;2218|Public Address System support Line 30;250|Meals and refreshments Line 30;427|Miscellaneous supplies Line 30;122|Program Planning Meeting Expenses Line 31;436|Rounding;1^Total;6310^”

“Description;EOY Amount^Tangible Assets for HASJ or SJHP future programs;2000|Dudley FoundationTreasury I Bonds;9923|Prepaid Expenses;75^Total;11998^”

“Expense reimbursements and allowances are made under an accountable plan described in Regulations section 1.62-2(c)(2). William Dudley, as Chairman, was reimbursed $2,218 in 2024.”

“In 2024, the Veterans' Council received multiple donations which were identified as "Qualified Charitable Distributions" aka "QCD". These donations were made by a donor, aged 10 1/2 or older, instructing the Custodian of their IRA to make a direct donation from the donor's IRA to a "Qualified Charity" (i.e.., the Veterans' Council of St. Johns County, Inc.), allowing the amount of the donation to be excluded from the donor's federal taxable income on Form 1040 or Form 1040-SR, but commensurately, not permitting any donor who might itemize deductions to include the QCD amount of the donation on their Schedule A as a charitable deduction. The IRS instructions for this form specify that public charities must include the name and address of the donor, but are vague about which source (the Custodian or the actual donor who directed the donation) is the donor. The Veterans' Council has provided each donor with an acknowledgement of their QCD donation, but does not provide a copy to the IRS. While it would seem prudent, in an abundance of caution, to report the QCD donor's name and address rather than that of the Custodian, thus giving the IRS the ability to "match" the QCD donation, the instructions for this form also refer to the "remitter". Therefore, Schedule B has been completed using information provided by the Custodian as agent for the donor. Schedule B is not included in the Veterans' Council's Form 990-EZ package distributed publicly and available on the Veterans' Council's website, https://veteranscouncilsjc.org/.”