American Legion is located in Old Bridge, NJ. 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 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 $91.7k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $87.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.2%) 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
2023
Describe the Organization's Program Activity:
Part 3
MEMBERSHIP ORGANIZATION FOR LOCAL VETERANS, MAINTAINING FACILITY FOR SOCIAL AND RECREATIONAL ACTIVITIES AND PROVIDING SUPPORT AND ASSISTANCE AS NEEDED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William Hunt Service Officer | 10 | $0 | |
William Mcilvaine Finance Officer | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $3,648 |
Total Program Service Revenue | $71,748 |
Membership dues | $2,432 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $13,907 |
Total Revenue | $91,735 |
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 | $5,787 |
Occupancy, rent, utilities, and maintenance | $27,352 |
Printing, publications, postage, and shipping | $183 |
Other expenses | $54,000 |
Total expenses | $87,322 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $18,573 |
Other assets | $0 |
Total assets | $232,514 |
Total liabilities | $354 |
Net assets or fund balances | $232,160 |