American Legion 493 Scherer Post is located in Jackson Center, OH. 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 493 Scherer Post 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 12/2022, American Legion 493 Scherer Post generated $50.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $31.4k during the year ending 12/2022. While expenses have increased by 0.2% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PATRIOTIC VETERANS ORGANIZATION PROMOTING COMMUNITY SERVICE, MENTORING YOUTH, AND ASSISTING SERVICE MEMBERS AND VETERANS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steve Lawrence Treasurer | 5 | $3,600 | |
Tom Mann Director | 3 | $2,200 | |
Matt Cooper Commander | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $5,077 |
Total Program Service Revenue | $0 |
Membership dues | $2,301 |
Investment income | $31,327 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $5,922 |
Other Revenue | $5,657 |
Total Revenue | $50,284 |
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 | $135 |
Occupancy, rent, utilities, and maintenance | $13,996 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $13,344 |
Total expenses | $31,358 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $60,133 |
Other assets | $0 |
Total assets | $160,903 |
Total liabilities | $24,900 |
Net assets or fund balances | $136,003 |
Organization Name | Assets | Revenue |
---|---|---|
American Legion Auxiliary Indianapolis, IN | $53,756,323 | $11,649,453 |
Veterans Leadership Program Of Western Pennsylvania Inc Pittsburgh, PA | $2,368,240 | $7,560,705 |
American Legion Auxiliary Bowling Green, KY | $99,496 | $4,500,725 |
Disabled American Veterans Paid Time Off Plan And Tr Erlanger, KY | $4,127,164 | $2,957,196 |
American Legion Indianapolis, IN | $6,888,018 | $3,332,697 |
Veterans Research Foundation Pittsburgh, PA | $4,865,557 | $2,533,091 |
American Legion Lansing, MI | $6,617,226 | $3,234,715 |
American Legion Wormleysburg, PA | $6,891,300 | $3,184,606 |
Michigan Veterans Foundation Inc Detroit, MI | $12,857,454 | $2,381,059 |
Veterans Of Foreign Wars Of The United States Dept Of Pennsylvania Harrisburg, PA | $9,683,468 | $3,300,434 |
Veterans Of Foreign Wars Dept Of Michigan Lansing, MI | $3,020,634 | $1,962,824 |
American Legion Department Of Ohio Inc Delaware, OH | $10,500,677 | $3,629,626 |