American Legion is located in Troup, TX. The organization was established in 1942. 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 $75.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $94.5k during the year ending 12/2023. 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
WE HELP VETERANS RE-ENTER CIVILIAN LIFE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Charles Heard Commander | 0 | $0 | |
Gary Walker Hubmaster | 0 | $0 | |
Charlene Wright Finance Offi | 0 | $0 | |
Mark Landon First Vice | 0 | $0 | |
Larry Welch Sgt At Arms | 0 | $0 | |
Bruce Thomas Chaplain | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $1,638 |
Investment income | $348 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $6,573 |
Other Revenue | $0 |
Total Revenue | $74,956 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $51,521 |
Professional fees and other payments to independent contractors | $2,275 |
Occupancy, rent, utilities, and maintenance | $11,960 |
Printing, publications, postage, and shipping | $144 |
Other expenses | $28,575 |
Total expenses | $94,475 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $92,267 |
Other assets | $0 |
Total assets | $138,857 |
Total liabilities | $11,372 |
Net assets or fund balances | $127,485 |