Betterton American Legion Post 246 is located in Betterton, MD. 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. Betterton American Legion Post 246 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, Betterton American Legion Post 246 generated $115.0k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $107.0k during the year ending 12/2023. While expenses have increased by 9.1% per year over the past 9 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Mullaney Secretary | 2 | $0 | |
Stephan J Matthews President | 2 | $0 | |
Eric Broussard Treasurer | 2 | $0 | |
Jeremy Rothwell Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,225 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $44 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $30,364 |
| Other Revenue | $9,400 |
| Total Revenue | $115,003 |
| 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 | $1,830 |
| Occupancy, rent, utilities, and maintenance | $50,730 |
| Printing, publications, postage, and shipping | $1,216 |
| Other expenses | $53,254 |
| Total expenses | $107,030 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $94,018 |
| Other assets | $0 |
| Total assets | $123,975 |
| Total liabilities | $0 |
| Net assets or fund balances | $123,975 |