American Legion 127 is located in Anderson, IN. The organization was established in 1947. 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 127 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 12/2022, American Legion 127 generated $85.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $66.0k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
MAINTAIN BUILDING AND CLUB FOR MEMBERS FELLOWSHIP
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James R Vaughn Adjutant | 2 | $0 | |
Vern Manwaring Commander | 20 | $0 | |
Dennis Williamson Finance Officer | 6 | $0 | |
Michael C Wilson 1st Vice | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,177 |
| Total Program Service Revenue | $0 |
| Membership dues | $10,765 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $40,561 |
| Other Revenue | $0 |
| Total Revenue | $85,447 |
| 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 | $683 |
| Occupancy, rent, utilities, and maintenance | $44,351 |
| Printing, publications, postage, and shipping | $96 |
| Other expenses | $20,125 |
| Total expenses | $65,955 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,533 |
| Other assets | $0 |
| Total assets | $165,682 |
| Total liabilities | $0 |
| Net assets or fund balances | $165,682 |