Roselle American Legion Charitable Foundation
- Assets
- $341.6k
- Revenue
- $25.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Roselle, IL
- Founding
- 04/2007
- Data as of
- 04/2023
- EIN
- 36-4594843
Organization Overview
Roselle American Legion Charitable Foundation is located in Roselle, IL. The organization was established in 2007. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Roselle American Legion Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2023, Roselle American Legion Charitable Foundation generated $25.8k 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 (6.8%) each year. All expenses for the organization totaled $32.0k during the year ending 04/2023. As we would expect to see with falling revenues, expenses have declined by (14.7%) 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
STATEMENT OF PROGRAM SERVICES ACCOMPLISHMENTS; PRIMARY EXEMPT PURPOSE THE ORGANIZATION'S PURPOSE IS TO PROMOTE THE PRINCIPLES AND POLICIES AS SET FORTH IN THE PREAMBLE AND THE NATIONAL AND DEPARTMENTAL CONSTITUIONS OF THE AMERICAN LEGION. FURTHER, THE PURPOSE OF THE ORGANIZATION SHALL BE TO SUPPORT THE HEALTH AND
Describe the Organization's Program Activity:
Part 3 - Line 4a
"GIFT TO YANKS WHO GAVE" PROGRAM. THIS PROGRAM IS A STATEWIDE AMERICAN LEGION PROGRAM PROVIDING COMFORT ITEMS TO OVER 1000 HOSPITALIZED VETERANS.
PROGRAM SEEKING FUNDS TO MAINTAIN MEMORIAL HONORING VETERANS LOCATED AT IRVING PARK RD AND PARK ST., ROSELLE, IL.
LOCAL CHARITABLE ORGANIZATIONS AND VETERAN ORGANIZATIONS PROGRAM AID AND ASSISTS IN DONATING FUNDS TO HELP THESE ORGANIZATION ACHIEVE THERE OWN CHARITABLE PROGRAM GOALS, TO INCLUDE: AMERICAN LEGION AUXILIARY WORK - $1,750; AMERICAN LEGION OPERATION COMFORT WARRIORS - $1,500; ELMHURST ELKS LODGE - $1,000; MIDWEST SHELTER FOR HOMELESS VETERANS - $2,000; VETERANS PATH TO HOPE - $2,000; HONOR FLIGHT CHICAGO - $1,000; AMERICAN LEGION NATIONAL EMERGENCY FUND - $1,500; AMERICAN LEGION DEPARTMENT OF ILLINOIS - $2,000; RUSH UNIVERSITY MEDICAL CENTER - $1,500.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tyrus Cobb President | Officer | 2 | $0 |
Michael Fennell Treasurer | Officer | 2 | $0 |
Joseph R Schalberg Secretary | Officer | 2 | $0 |
Edmond G Pottle Director | Trustee | 2 | $0 |
Russell L Bean Director | Trustee | 2 | $0 |
George Eiermann Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,497 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,497 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $13,301 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $25,798 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $18,613 |
| 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 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 | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $11,167 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $31,988 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,262 |
| Savings and temporary cash investments | $0 |
| 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 |
| Net Land, buildings, and equipment | $311,313 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $341,575 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $330,593 |
| Net assets with donor restrictions | $10,982 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $341,575 |
Grants Awarded
Over the last fiscal year, Roselle American Legion Charitable Foundation has awarded $26,048 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN LEGION DEPT OF IL PURPOSE: HOSPITALIZED VETERANS PROGRAM | $7,074 |
DEPARTMENT OF VETERAN AFFAIRS (VA) PURPOSE: JAMES A. LOVELL FEDERAL HEALTH CARE CENTER | $5,950 |
AMERICAN LEGION DEPT OF IL PURPOSE: HOSPITALIZED VETERANS PROGRAM | $7,074 |
DEPARTMENT OF VETERAN AFFAIRS (VA) PURPOSE: JAMES A. LOVELL FEDERAL HEALTH CARE CENTER | $5,950 |