American Legion
- Assets
- $604.8k
- Revenue
- $397.4k
- Investments
- $0.0
- Employees
- 20
- Location
- Edgewood, IL
- Founding
- 02/1953
- Data as of
- 06/2022
- EIN
- 37-6046306
Organization Overview
American Legion is located in Edgewood, IL. The organization was established in 1953. 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 06/2022, American Legion employed 20 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 06/2022, American Legion generated $397.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $296.8k during the year ending 06/2022. While expenses have increased by 6.7% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FACILITATE SOCIALIZATION OF VETERANS AND THEIR FAMILIES, ASSIST DISABLED AND NEEDY VETERANS , PROMOTE PATRIOTISM, PROVIDE COMMUNITY SUPPORT
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carroll Ernest Commander | Officer | 2 | $0 |
William Lansu Vice Commander | Officer | 1 | $0 |
Dustin Janz Jr Vice Commander | Officer | 1 | $0 |
Charity Higgs Finance Officer | Officer | 8 | $6,217 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $120,085 |
| Investment income | $1,124 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $300 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $17,391 |
| Net Income from Gaming Activities | $36,900 |
| Net Income from Sales of Inventory | $221,551 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $397,438 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $6,099 |
| Compensation of current officers, directors, key employees. | $6,217 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $113,804 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,532 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,180 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $34 |
| Office expenses | $4,487 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $46,688 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,626 |
| Interest | $0 |
| Payments to affiliates | $2,341 |
| Depreciation, depletion, and amortization | $6,769 |
| Insurance | $13,357 |
| All other expenses | $0 |
| Total functional expenses | $296,833 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $338,400 |
| Savings and temporary cash investments | $171,917 |
| 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 | $20,500 |
| Prepaid expenses and deferred charges | $10,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $604,760 |
| Accounts payable and accrued expenses | $8,665 |
| 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 | $0 |
| Total liabilities | $8,665 |
| 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 |
| Total liabilities and net assets/fund balances | $596,095 |