American Legion is located in Lyndhurst, NJ. The organization was established in 1935. 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 12/2021, American Legion generated $63.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $70.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mike Foglio Commander | 4 | $0 | |
Dan Laviola Adjutant | 7 | $0 | |
Gerald Jiosi Finance Officer | 7 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $1,300 |
Total Program Service Revenue | $0 |
Membership dues | $5,955 |
Investment income | $51 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $12,301 |
Total Revenue | $63,201 |
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 | $750 |
Occupancy, rent, utilities, and maintenance | $16,580 |
Printing, publications, postage, and shipping | $3,141 |
Other expenses | $49,745 |
Total expenses | $70,216 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $90,745 |
Other assets | $0 |
Total assets | $92,345 |
Total liabilities | $357 |
Net assets or fund balances | $91,988 |