American Legion is located in Willowick, 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 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 06/2022, American Legion generated $46.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.5%) each year. All expenses for the organization totaled $40.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (14.6%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ALL PROGRAMS BY THIS ORGANIZATION ARE FOR THE SUPPORT OF VETERAN,S, COMMUNITY WELFARE AND YOUTH ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL PROGRAMS ARE FOR VETERAN, COMMUNITY WELFARE AND YOUTH ACTIVITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bill Palladino Commander | Officer | 10 | $0 |
Gordon Brom Past Commander | Officer | 10 | $0 |
Charles Wertman 1st Vice Commander | Officer | 10 | $0 |
Mathew Behm 2nd Vice Commander | Officer | 10 | $0 |
Rick Wilmot 3rd Vice Commander | Officer | 10 | $0 |
Pat Bubonics Adjutant | Officer | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $8,886 |
Investment income | $7 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $1,435 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $20,558 |
Net Income from Sales of Inventory | $8,797 |
Miscellaneous Revenue | $0 |
Total Revenue | $46,345 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $241 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $910 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $250 |
Office expenses | $206 |
Information technology | $4,345 |
Royalties | $0 |
Occupancy | $9,339 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,887 |
Insurance | $5,125 |
All other expenses | $0 |
Total functional expenses | $40,774 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $41,391 |
Savings and temporary cash investments | $4,019 |
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 | $3,658 |
Prepaid expenses and deferred charges | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $146,577 |
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 | $105 |
Total liabilities | $105 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $146,472 |