American Legion Post 1247 Vernon is located in Vernon Hills, IL. 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 Post 1247 Vernon 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 Post 1247 Vernon generated $11.0k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 26.1% each year . All expenses for the organization totaled $12.4k during the year ending 12/2023. While expenses have increased by 4.0% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
HELPING VETERANS, BOY SCOUTS, SCHOOLS AND ASSISTING THE NEEDY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Todd Renihan Commander | 5 | $0 | |
John Taylor Finance Officer | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $10,106 |
Total Program Service Revenue | $0 |
Membership dues | $935 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $11,041 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $10,715 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $500 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $1,191 |
Total expenses | $12,406 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $135,294 |
Other assets | $0 |
Total assets | $135,294 |
Total liabilities | $0 |
Net assets or fund balances | $135,294 |