American Legion
- Assets
- $538.5k
- Revenue
- $231.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Evergreen Park, IL
- Founding
- 05/1963
- Data as of
- 07/2022
- EIN
- 36-2123958
Organization Overview
American Legion is located in Evergreen Park, IL. The organization was established in 1963. 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. As of 07/2022, American Legion employed 2 individuals. 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 07/2022, American Legion generated $231.7k 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 (10.5%) each year. All expenses for the organization totaled $238.9k during the year ending 07/2022. As we would expect to see with falling revenues, expenses have declined by (7.6%) per year over the past 5 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
PROVIDE SERVICES FOR VETERAS. PROVIDE A LOCATION FOR MEETINGS FOR VETERANS INCLUDING SOCIAL ACTIVITIES. HELP SUPPORT VARIOUS CHARITABLE FUNCTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SERVICES FOR VETERANS. PROVIDE A LOCATION FOR MEETINGS FOR VETERANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Oconnell Sr Vice Commander | Officer | 15 | $0 |
Marty Lavin Junior Vice Commander | Officer | 15 | $0 |
David Lange Commander | Officer | 30 | $0 |
Bruce Peterson Finance Officer | Officer | 15 | $0 |
William Cooper Adjutant | Officer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,346 |
| Investment income | $27 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $4,583 |
| Net Income from Sales of Inventory | $148,931 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $231,678 |
| 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 | $8,309 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $38,356 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,230 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,225 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,926 |
| Office expenses | $0 |
| Information technology | $2,151 |
| Royalties | $0 |
| Occupancy | $62,691 |
| Travel | $470 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,217 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,297 |
| Insurance | $7,138 |
| All other expenses | $0 |
| Total functional expenses | $238,877 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $170,371 |
| Savings and temporary cash investments | $80,690 |
| 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 | $0 |
| 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 | $538,495 |
| Accounts payable and accrued expenses | $10,253 |
| 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 | $46,407 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $56,660 |
| Net assets without donor restrictions | $481,835 |
| 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 | $481,835 |