American Legion Post 150
- Assets
- $101.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mechanic Falls, ME
- Founding
- 03/1946
- Data as of
- 05/2024
- EIN
- 01-6016408
Organization Overview
American Legion Post 150 is located in Mechanic Falls, ME. 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 Post 150 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 05/2024, American Legion Post 150 generated $74.3k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $81.2k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 9 years. 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
2024
Describe the Organization's Program Activity:
Part 3
TO PROVIDE CHARITABLE & BENEVOLENT DISBURSEMENTS & OTHER ACTS OF FRATERNITY CONTR. WERE MADE TO VARIOUS WORTHWHILE ORG TO HOMES FOR THE NEEDY AS WELL AS AWARDING SCHOLARSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Downing Chaplin | 7.6 | $0 | |
Gary Purington Finance Officer | 6.6 | $0 | |
Jesse Perice Service Office | 5.95 | $0 | |
Fred Sturtevant Adjutant | 5.9 | $0 | |
Marshall Francis Commander | 7.6 | $0 | |
John Maclean Saraget-At-Arm | 4.7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10,750 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $74,263 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,363 |
| Professional fees and other payments to independent contractors | $1,200 |
| Occupancy, rent, utilities, and maintenance | $35,603 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,068 |
| Total expenses | $81,234 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,500 |
| Other assets | $0 |
| Total assets | $101,195 |
| Total liabilities | $0 |
| Net assets or fund balances | $101,195 |