American Legion is located in Middlebury, VT. 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. As of 12/2018, American Legion employed 16 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 12/2018, American Legion generated $341.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $301.7k during the year ending 12/2018. While expenses have increased by 2.4% per year over the past 4 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SERVICES FOR VETERANS AND THEIR FAMILES AND TO AID NATIONAL AND LOCAL CHARITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOCIAL CLUB AND SPECIAL EVENTS FOR VETERANS AND MEMBERS
ANNUAL HIGH SCHOOL SCHLORSHIPS AWARDED
COMMUNITY SUPPORT DONATIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Laura Flint President | Trustee | 10 | $13,600 |
Todd Garthaffner Vice President | Trustee | 8 | $4,563 |
Joseph Degray Director | Trustee | 5 | $3,750 |
Ted Tighe Treasurer | Trustee | 10 | $0 |
Tom Scanlon Secretary | Trustee | 5 | $0 |
Gerald Degray Director | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $8,195 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $765 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $8,960 |
Total Program Service Revenue | $0 |
Investment income | $62,788 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $18,232 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $191,572 |
Net Income from Sales of Inventory | $41,267 |
Miscellaneous Revenue | $0 |
Total Revenue | $341,189 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $63,856 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $6,609 |
Compensation of current officers, directors, key employees. | $21,913 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $63,592 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $7,346 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,536 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $16,191 |
Fees for services: Other | $0 |
Advertising and promotion | $658 |
Office expenses | $18,521 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $51,532 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,769 |
Interest | $41 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $27,384 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $301,655 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $108,524 |
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 | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $401,925 |
Investments—publicly traded securities | $1,542,639 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,053,088 |
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 | $24,292 |
Total liabilities | $24,292 |
Unrestricted restricted net Assets | $0 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $941,320 |
Total net assets or fund balances | $2,028,796 |
Organization Name | Assets | Revenue |
---|---|---|
Black Veterans For Social Justice Inc Brooklyn, NY | $26,444,662 | $57,468,816 |
Massachusetts Military Support Foundation Inc Buzzards Bay, MA | $507,512 | $41,377,532 |
Soldier On Inc Pittsfield, MA | $26,254,508 | $13,386,266 |
Americas Vetdogs The Veterans K9 Corps Inc Smithtown, NY | $4,103,216 | $9,390,820 |
United Spinal Association Inc Kew Gardens, NY | $8,457,849 | $8,910,555 |
Usa Veteran And Military Support Foundation Inc Buzzards Bay, MA | $1,068 | $7,423,561 |
Veterans North East Outreach Center Inc Haverhill, MA | $8,243,940 | $5,723,835 |
Veterans Outreach Center Inc Rochester, NY | $10,292,940 | $5,967,513 |
Common Defense Civic Engagement New York, NY | $599,694 | $2,910,495 |
American Legion Troy, NY | $13,558,229 | $3,222,198 |
United War Veterans Council Inc New York, NY | $437,790 | $1,827,572 |
Southeastern Massachusetts Veterans Housing Program Inc New Bedford, MA | $3,405,175 | $1,838,019 |