American Legion
- Assets
- $359.8k
- Revenue
- $232.3k
- Investments
- $0.0
- Employees
- 1
- Location
- Omaha, NE
- Founding
- 10/1946
- Data as of
- 06/2021
- EIN
- 47-6033738
Organization Overview
American Legion is located in Omaha, NE. 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 06/2021, American Legion generated $232.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $223.6k during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
VETERANS WELFARE ENCOURAGE PATRIOTISM
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSORSHIP OF EDUCATION AND PATRIOTIC EVENTS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Sempek Commander | Trustee | 20 | $0 |
Jerry Meckna 1st Vice Comm | Trustee | 15 | $0 |
Matt Schnabel 2nd Vice Comm | Trustee | 5 | $0 |
Marty Timberla Adjutant | Trustee | 15 | $0 |
James Schwalb Finance Officr | Trustee | 4 | $0 |
Hugh Spellman Service Office | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $83,903 |
| Investment income | $831 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $540 |
| Net Gain/Loss on Asset Sales | -$44 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $6,103 |
| Net Income from Sales of Inventory | $124,845 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $232,254 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $3,750 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $24,455 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $40,245 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,232 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,800 |
| Advertising and promotion | $2,375 |
| Office expenses | $9,568 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $106,620 |
| 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 | $6,893 |
| Insurance | $6,421 |
| All other expenses | $0 |
| Total functional expenses | $223,557 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $151,078 |
| Savings and temporary cash investments | $123,921 |
| 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 | $13,866 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $359,845 |
| Accounts payable and accrued expenses | $4,311 |
| 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 | $4,311 |
| 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 | $355,534 |