American Legion
- Assets
- $153.5k
- Revenue
- $90.5k
- Investments
- $0.0
- Employees
- 7
- Location
- Richford, VT
- Founding
- 01/1952
- Data as of
- 04/2023
- EIN
- 03-0173713
Organization Overview
American Legion is located in Richford, VT. The organization was established in 1952. 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. As of 04/2023, American Legion employed 7 individuals. 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 04/2023, American Legion generated $90.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $93.3k during the year ending 04/2023. While expenses have increased by 1.0% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE AMERICAN LEGION POST 12 IS A LOCAL CHAPTER OF A NATIONAL ORGANIZATION WHOSE PURPOSE IS TO HONOR VETERANS, PROMOTE PATRIOTISM AND ASSIST MEMBERS IN FUNDRAISING FOR VETERAN ORGANIZATIONS, SCHOLARSHIPS & LOCAL CHARTITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A FACILITY FOR MEMBERSHIP GATHERINGS AND FUNDRAISING OPERATIONS. THE FACILITY INCLUDES A BAR WHICH IS OPERATED TO PROVIDE SOCIAL AND RECREATIONAL ACTIVITIES FOR MEMBERS AND THEIR GUESTS.
FLAGS, FLOWERS, FUNERAL EXPENSES, GRAVE MARKERS, HOLIDAYS, ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Stpierre Finance Offi | Officer | 15 | $15,600 |
Jessica Boone Commander | Officer | 0.43 | $0 |
Joseph Boone 2nd Vice Com | Officer | 0.43 | $0 |
Dustin Broe Sons Of The Legion 2nd Vice Com | Officer | 0.43 | $0 |
Joseph Demaris Sons Of The Legion Finance Offi | Officer | 0.43 | $0 |
Mark Carpenter Sons Of The Legion 1st Vice Com | Officer | 0.43 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,938 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,320 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,258 |
| Total Program Service Revenue | $0 |
| Investment income | $44 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,031 |
| Net Gain/Loss on Asset Sales | $75 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $55,458 |
| Net Income from Sales of Inventory | $26,600 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $90,466 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,633 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $15,600 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $22,338 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $611 |
| Payroll taxes | $3,802 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,445 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $117 |
| Office expenses | $992 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $23,317 |
| Travel | $918 |
| 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 | $2,633 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $7,095 |
| Total functional expenses | $93,297 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,372 |
| Savings and temporary cash investments | $96,418 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $43,668 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $153,458 |
| Accounts payable and accrued expenses | $0 |
| 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 | $12,241 |
| Total liabilities | $12,241 |
| 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 | $141,217 |
| Total liabilities and net assets/fund balances | $153,458 |