American Legion is located in Bennett, IA. 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 12/2023, American Legion generated $20.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 23.6% each year . All expenses for the organization totaled $28.2k during the year ending 12/2023. While expenses have increased by 14.1% per year over the past 5 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
SEE SCHEDULE O.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lavern Cole Commander | 2 | $0 | |
Paul Jones Vice Commander | 2 | $0 | |
Wes Moeller Finance Officer | 2 | $0 | |
Jacquelyn Grage Adjutant | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,980 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,200 |
| Investment income | $48 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,312 |
| Other Revenue | $1,825 |
| Total Revenue | $20,787 |
| 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 | $2,577 |
| Occupancy, rent, utilities, and maintenance | $7,289 |
| Printing, publications, postage, and shipping | $135 |
| Other expenses | $18,215 |
| Total expenses | $28,216 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,383 |
| Other assets | $0 |
| Total assets | $88,992 |
| Total liabilities | $0 |
| Net assets or fund balances | $88,992 |