American Legion
- Assets
- $4.8m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 26
- Location
- Bloomington, IL
- Founding
- 03/1946
- Data as of
- 07/2023
- EIN
- 37-0153960
Organization Overview
American Legion is located in Bloomington, 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. As of 07/2023, American Legion employed 26 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 07/2023, American Legion generated $2.1m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $2.1m during the year ending 07/2023. As we would expect to see with falling revenues, expenses have declined by (2.4%) 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
VETERAN AFFAIRS AND REHABILITATION, THE CARE AND PROTECTION OF THEIR CHILDREN AND TO PRESERVE THE MEMORIES AND INCIDENTS OF PARTICIPATION IN THE GREAT WARS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VETERAN AFFAIRS AND REHABILITATION, THE CARE AND PROTECTION OF THEIR CHILDREN AND TO PRESERVE THE MEMORIES AND INCIDENTS OF PARTICIPATION IN THE GREAT WARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Davis Department Sgt-At-Arms | OfficerTrustee | 2 | $0 |
Roy Weber Alternative National Execu | Officer | 2 | $0 |
Ronald Neville Judge Advocate | Officer | 2 | $0 |
W Wayne Erickson Sr National Executive Committ | Officer | 2 | $0 |
Bruce Gammage Assist Judge Advocate | Officer | 2 | $0 |
Vincent Gaughan Parliamentarian | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,129,058 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $219,152 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,348,210 |
| Total Program Service Revenue | $113,752 |
| Investment income | $103,186 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $78,854 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$23,337 |
| Net Income from Fundraising Events | $473,114 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $34,355 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,128,134 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $101,748 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $514,414 |
| Pension plan accruals and contributions | $13,000 |
| Other employee benefits | $75,466 |
| Payroll taxes | $50,927 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $221,214 |
| Fees for services: Investment Management | $20,415 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $38,975 |
| Information technology | $36,211 |
| Royalties | $0 |
| Occupancy | $99,036 |
| Travel | $162,283 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $38,498 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $58,196 |
| Insurance | $27,230 |
| All other expenses | $281,954 |
| Total functional expenses | $2,105,156 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $357,591 |
| Savings and temporary cash investments | $127,016 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,090 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $25,604 |
| Prepaid expenses and deferred charges | $54,756 |
| Net Land, buildings, and equipment | $475,085 |
| Investments—publicly traded securities | $3,719,425 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,768,567 |
| Accounts payable and accrued expenses | $135,685 |
| Grants payable | $0 |
| Deferred revenue | $211,065 |
| 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 | $346,750 |
| Net assets without donor restrictions | $3,319,874 |
| Net assets with donor restrictions | $1,101,943 |
| 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 | $4,768,567 |