American Legion is located in Homer, NY. The organization was established in 1946. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American Legion is a 501(c)(19) and as such, is described as a "Post or Organization of Past or Present Members of the Armed Forces" by the IRS.
For the year ending 06/2024, American Legion generated $75.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $70.3k during the year ending 06/2024. While expenses have increased by 6.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT VETERANS, ACTIVE DUTY MILITARY, AND CHILDREN
Describe the Organization's Program Activity:
Part 3
GRAVE FLAGS AND MARKERS FOR VETERANS ON MEMORIAL DAY/TOYS FOR TOTS PROGRAM.
BURNS - MCCAULIFFE SCHOLARSHIPS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Powers Commander | 15 | $0 | |
Joseph Riley Vice Commander | 5 | $0 | |
Francis Riter Finance Officer | 20 | $0 | |
Brena Macintosh Clark Trustee | 1 | $0 | |
Raymond Dumphy Trustee | 1 | $0 | |
Gary Mceuen Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,972 |
| Total Program Service Revenue | $0 |
| Membership dues | $7,190 |
| Investment income | $16,015 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $32,138 |
| Other Revenue | $0 |
| Total Revenue | $75,298 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $46,018 |
| Printing, publications, postage, and shipping | $457 |
| Other expenses | $7,563 |
| Total expenses | $70,298 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $181,413 |
| Other assets | $0 |
| Total assets | $195,467 |
| Total liabilities | $281 |
| Net assets or fund balances | $195,186 |