American Legion is located in Lapel, 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 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 06/2023, American Legion generated $58.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $62.8k during the year ending 06/2023. While expenses have increased by 1.6% 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
2023
Describe the Organization's Program Activity:
Part 3
PROMOTE VARIOUS SERVICES TO VETERANS OF THE ARMED FORCES AS ALEGION POST, AS SET FORTH IN THE PREAMBLE OF THE NATIONALAMERICAN LEGION
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl A Pearson Commander | 10 | $0 | |
Steve Short 1st Vice Commander | 10 | $0 | |
Rick Woodward Finance Officer And Adjutant | 10 | $0 | |
Tony Mullett 2nd Vice President | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,181 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,441 |
| Investment income | $74 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $17,534 |
| Other Revenue | $42 |
| Total Revenue | $58,057 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $26,430 |
| Professional fees and other payments to independent contractors | $2,297 |
| Occupancy, rent, utilities, and maintenance | $16,723 |
| Printing, publications, postage, and shipping | $579 |
| Other expenses | $15,332 |
| Total expenses | $62,765 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $75,781 |
| Other assets | $0 |
| Total assets | $110,673 |
| Total liabilities | $1,812 |
| Net assets or fund balances | $108,861 |