American Legion Post 155 Carmel is located in Carmel, IN. 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 Post 155 Carmel 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 Post 155 Carmel generated $285.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $307.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE LEGION IS TO HELP AND ASSIST VETERANS AND DISABLED VETERANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUED ASSISTANCE AND SUPPORT FOR VETERANS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cynthia Bower 2nd Vice | Officer | 0 | $0 |
Andrew Carson Commander | Officer | 0 | $0 |
Charles Holmes 1st Vice | Officer | 0 | $0 |
Richard Curtis Historian | Officer | 0 | $0 |
Joe Hunter-Lattig Chaplin | Officer | 0 | $0 |
Sam Haskett Sgt At Arms | Officer | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $1,725 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $2,673 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,398 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $149,711 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $131,111 |
Miscellaneous Revenue | $0 |
Total Revenue | $285,220 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $159,414 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $16,711 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,870 |
Fees for services: Accounting | $6,119 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,746 |
Office expenses | $6,655 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $70,780 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,654 |
Insurance | $17,455 |
All other expenses | $1,322 |
Total functional expenses | $307,575 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,395 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $15,552 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $95,479 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $116,426 |
Accounts payable and accrued expenses | $11,010 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $6,846 |
Total liabilities | $17,856 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $98,570 |
Total liabilities and net assets/fund balances | $116,426 |