American Legion Post 212
- Assets
- $803.6k
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Park Rapids, MN
- Founding
- 02/1934
- Data as of
- 12/2022
- EIN
- 41-0650597
Organization Overview
American Legion Post 212 is located in Park Rapids, MN. The organization was established in 1934. 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 212 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 12/2022, American Legion Post 212 generated $4.0m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $4.0m during the year ending 12/2022. While expenses have increased by 2.7% per year over the past 4 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FELLOWSHIP AND RECREATION FOR PAST OR PRESENT MEMBERS OF THE ARMED FORCES
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A CLUB FOR RECREATION FOR PAST & PRESENT MILITARY MEMBERS.
TO PROVIDE SPACE FOR MEMBERS TO HAVE WEDDING RECEPTIONS, DINNERS, AND
TO PROVIDE HONOR GUARD AND COLOR GUARD FOR FUNERALS, PARADES, AND
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Smith Commander | Officer | 8 | $0 |
Dennis Anderso 1st Vice | Officer | 1 | $0 |
Vern Massie Adjutant | Officer | 4 | $4,800 |
Dolan Bridgman Fin Officer | Officer | 12 | $13,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $15,130 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $450 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,580 |
| Total Program Service Revenue | $0 |
| Investment income | $2,802 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,350 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,940,902 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,960,634 |
| 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. | $17,800 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $267,985 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $41,510 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,585 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,359 |
| Office expenses | $2,429 |
| 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 | $12,376 |
| Insurance | $18,569 |
| All other expenses | $3,583,125 |
| Total functional expenses | $3,960,738 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $516,761 |
| Savings and temporary cash investments | $186,479 |
| 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 | $25,788 |
| Prepaid expenses and deferred charges | $4,684 |
| Net Land, buildings, and equipment | $69,869 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $803,581 |
| Accounts payable and accrued expenses | $6,510 |
| 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 | $9,400 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $19,756 |
| Total liabilities | $35,666 |
| Net assets without donor restrictions | $767,915 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $803,581 |