American Legion is located in Steeleville, IL. 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. As of 07/2023, American Legion employed 27 individuals. 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 07/2023, American Legion generated $487.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $476.9k during the year ending 07/2023. While expenses have increased by 6.3% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
DOMESTIC VETERANS ORGANIZATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
STEELEVILLE AMERICAN LEGION HOLDS VARIOUS COMMUNITY EVENTS INCLUDING A MEMORIAL DAY SERVICE AND HONOR FLIGHT. THEY ALSO SUPPORT THE LOCAL BOY SCOUT GROUP. THEY ALSO MAINTAIN A PARK & MEETING HALLSFOR COMMUNITY PROGRAMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bruce Fiene Director | Trustee | 8 | $0 |
Roy Diercks Director | Trustee | 8 | $0 |
Terry Nagel Director | Trustee | 8 | $0 |
Michael Gemmill Finance Officer | Officer | 12 | $0 |
Mark Hanks Commander | Officer | 20 | $0 |
Harry Ralfhs Sr Vice | Officer | 8 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $4,674 |
Fundraising events | $15,260 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $3,740 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $23,674 |
Total Program Service Revenue | $35,436 |
Investment income | $198 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $12,260 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $68,988 |
Net Income from Gaming Activities | $75,868 |
Net Income from Sales of Inventory | $172,177 |
Miscellaneous Revenue | $0 |
Total Revenue | $486,977 |
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 | $4,954 |
Benefits paid to or for members | $7,104 |
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 | $177,724 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $15,913 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $9,605 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $8,871 |
Office expenses | $3,357 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $67,201 |
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 | $33,908 |
Insurance | $32,121 |
All other expenses | $21,719 |
Total functional expenses | $476,900 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $498,879 |
Savings and temporary cash investments | $894 |
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 | $27,973 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $392,003 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $919,749 |
Accounts payable and accrued expenses | $31,044 |
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 | $81,203 |
Other liabilities | $0 |
Total liabilities | $112,247 |
Net assets without donor restrictions | $807,502 |
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 | $0 |
Total liabilities and net assets/fund balances | $919,749 |