American Legion is located in Lonsdale, MN. 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 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 generated $132.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 21.3% each year . All expenses for the organization totaled $113.0k during the year ending 12/2022. While expenses have increased by 26.2% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE LONSDALE LEGION POST PROVIDES THE VETERANS IN THE LONSDALE, MN AREA A PLACE TO MEET AND SOCIALIZE. THIS ORGANIZATION ASSISTS VETERANS IN VARIOUS WAYS TO PROVIDE INFORMATION OR SERVICES THAT ARE AVAILABLE TO THEM ON A STATE OR NATIONAL LEVEL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Troy Walters Gambling Manage | 3 | $0 | |
Daryl Riech Commander | 1 | $0 | |
Leroy Clausen Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $15,693 |
Total Program Service Revenue | $0 |
Membership dues | $3,160 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $285 |
Total Revenue | $132,934 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $9,471 |
Professional fees and other payments to independent contractors | $1,310 |
Occupancy, rent, utilities, and maintenance | $63,974 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $38,279 |
Total expenses | $113,034 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $37,798 |
Other assets | $0 |
Total assets | $138,782 |
Total liabilities | $69,391 |
Net assets or fund balances | $69,391 |