American Legion
- Assets
- $110.5k
- Revenue
- $28.2k
- Investments
- $47.1k
- Employees
- 0
- Location
- Chesapeake, VA
- Founding
- 03/1946
- Data as of
- 12/2021
- EIN
- 54-6072618
Organization Overview
American Legion is located in Chesapeake, VA. 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 12/2021, American Legion generated $28.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.0%) each year. All expenses for the organization totaled $56.1k during the year ending 12/2021. 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
SERVICES TO PRESENT AND FORMER MEMBERS OF THE ARMED FORCES
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH EDUCATION, PUBLIC WORKS AND SPONSORSHIP OF YOUTH FUNCTIONS FOR PUBLIC GOOD AND AMERICAN LEGION BASEBALL
SOCIAL AND LEGION FUNCTIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Richey Commander | Trustee | 10 | $0 |
Jay Krail Finance Officer | Trustee | 15 | $0 |
Robert Bolander 1st Vice Commander | Trustee | 5 | $0 |
Kellog Sharp Adjutant | Trustee | 15 | $0 |
Tyler Brooks Sargent At Arms | Trustee | 2 | $0 |
Stan Remer Chaplain | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $11,276 |
| Fundraising events | $6,910 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,087 |
| Noncash contributions included in lines 1a–1f | $150 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,273 |
| Total Program Service Revenue | $115 |
| Investment income | $1,581 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $10,744 |
| Net Gain/Loss on Asset Sales | -$495 |
| Net Income from Fundraising Events | -$3,655 |
| Net Income from Gaming Activities | -$16,501 |
| Net Income from Sales of Inventory | $9,434 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $28,210 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,277 |
| Grants and other assistance to domestic individuals. | $83 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $195 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,520 |
| Advertising and promotion | $0 |
| Office expenses | $1,342 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,674 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,753 |
| Insurance | $3,756 |
| All other expenses | $891 |
| Total functional expenses | $56,086 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,377 |
| Savings and temporary cash investments | $0 |
| 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 | $2,722 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $24,216 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $47,141 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $110,456 |
| Accounts payable and accrued expenses | $1,116 |
| 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 | $1,116 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $109,340 |
| Total liabilities and net assets/fund balances | $110,456 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vietnam Veterans Of America Inc Silver Spring, MD | $22,711,920 | $10,930,074 |
United Service Organizations Inc Fort Myer, VA | $0 | $2,240,114 |
The Independence Fund Inc Charlotte, NC | $7,812,789 | $8,567,110 |
Marine Corps Association Quantico, VA | $17,818,262 | $7,455,788 |
Armed Services Mutual Benefit Association Goodlettsville, TN | $55,566,131 | $7,665,042 |
U S Naval Sea Cadet Corps Arlington, VA | $6,985,927 | $8,234,482 |
Women In Military Service For America Memorial Foundation Inc Arlington, VA | $11,722,569 | $5,876,595 |
Caring For Military Families The Elizabeth Dole Foundation Washington, DC | $8,548,001 | $7,173,277 |
Young Marines Of The Marine Corps League Dumfries, VA | $6,204,129 | $6,595,765 |
Coast Guard Mutual Assistance Incorporated Arlington, VA | $53,600,951 | $7,292,457 |
Navy League Of The United States National Headquarters Arlington, VA | $72,874,046 | $1,354,328 |
American Legion Auxiliary Bowling Green, KY | $99,496 | $4,500,725 |