American Legion is located in Keyport, 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 $47.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $45.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 5 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
SUPPORTED VARIOUS VETERAN & LOCAL ORGANIZATIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ed Poplaski Trustee | 50 | $0 | |
James Santella Finance Officer | 40 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $41,359 |
Total Program Service Revenue | $0 |
Membership dues | $2,935 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $3,584 |
Other Revenue | $0 |
Total Revenue | $47,878 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $45,591 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $45,591 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $55,440 |
Other assets | $0 |
Total assets | $354,277 |
Total liabilities | $0 |
Net assets or fund balances | $354,277 |