Elgin American Legion Home Association is located in Elgin, IL. The organization was established in 1990. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Elgin American Legion Home Association is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 12/2023, Elgin American Legion Home Association generated $16.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (18.0%) each year. All expenses for the organization totaled $19.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.1%) per year over the past 5 years. 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
OWN AND MAINTAIN PROPERTY FOR THE BENEFIT OF ELGIN AMERICAN LEGION POST #57 AND THE AMERICAN LEGION AUXILIARY
OWN AND MAINTAIN PROPERTY FOR THE BENEFIT OF ELGIN AMERICAN LEGION POST #57 AND THE AMERICAN LEGION AUXILIARY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leo Ribordy President | 0 | $0 | |
Larry Wojtas Treasurer | 0 | $0 | |
Leo Ribordy President | 0 | $0 | |
Larry Wojtas Treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $637 |
| Total Program Service Revenue | $14,150 |
| Membership dues | $0 |
| Investment income | $426 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $774 |
| Other Revenue | $0 |
| Total Revenue | $15,987 |
| 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 | $4,851 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,802 |
| Total expenses | $19,653 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,318 |
| Other assets | $0 |
| Total assets | $451,171 |
| Total liabilities | $75,200 |
| Net assets or fund balances | $375,971 |