American Legion is located in Madison, CT. The organization was established in 1945. 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 10/2023, American Legion generated $181.2k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $193.0k during the year ending 10/2023. While expenses have increased by 7.0% per year over the past 3 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Charles Corso Commander | 40 | $0 | |
Donald Epperson First Vice Commander | 10 | $0 | |
Richard Nichols Financial Officer | 5 | $0 | |
Donna Farrell Adjutant (secretary) | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $168,371 |
Total Program Service Revenue | $12,850 |
Membership dues | $0 |
Investment income | $3 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $181,224 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $179,169 |
Occupancy, rent, utilities, and maintenance | $6,226 |
Printing, publications, postage, and shipping | $176 |
Other expenses | $7,449 |
Total expenses | $193,020 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $66,901 |
Other assets | $0 |
Total assets | $66,901 |
Total liabilities | $0 |
Net assets or fund balances | $66,901 |