American Legion
- Assets
- $850.2k
- Revenue
- $103.9k
- Investments
- $500.0k
- Employees
- 4
- Location
- Fairmont, MN
- Founding
- 03/1946
- Data as of
- 08/2021
- EIN
- 41-6039736
Organization Overview
American Legion is located in Fairmont, 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. As of 08/2021, American Legion employed 4 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 08/2021, American Legion generated $103.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $24.9k during the year ending 08/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE THE NEEDS OF ALL VETERENS AND THEIR FAMILIES AND TO FULFILL OUR COMMITTMENT TO COMMUNITY, STATE, AND NATION THROUGH CONTRIBUTIONS AND SERVICE. SOME OF THESE PROGRAMS INCLUDE PROVIDING CHIRSTMAS GIFT CERTIFICATES FOR VETS AND THEIR FAMILIES, HONORING OUR FALLEN VETERENS AT BURIAL, SPONSORING YOUTH SPORT AND OTHER LOCAL PROGRAMS, AND PROMOTING PATRIOTISM BY EDUCATING THE PUBLIC ABOUT OUR ORGANIZATION AND MAKING FLAGS AND T-SHIRTS AVAILABLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
POST 0036 CONSISTS OF APPROXIMATELY 270 VOTING MEMBERS AND IS AVAILABLE TO ANY SERVICE PERSONS WITHIN THE COMMUNITY. EXPENSES INCLUDE COST OF POST ACTIVITIES AND ENTERTAINMENT TO VETERENS AS WELL AS THE COST OF HONOR GUARDS, BUGLERS FOR VETERAN FUNERALS, AID TO VETERANS AND THEIR FAMILIES, AND EDUCATION AND PROMOTION OF PATRIOTISM IN THE COMMUNITY THROUGH SPECIAL EVENTS SUCH AS MEMORIAL DAY PROGRAMS, PARADES, FLAGS AND SUPPLIES.
THIS AMERICAN LEGION POST IS COMMITTED TO SERVING THE YOUTH OF OUR COMMUNITY BY PROVIDING SCHOLARSHIPS TO STUDENTS ATTENDING POST SECONDARY EDUCATION AND BY SUPPORTING YOUTH PROGRAMS WITHIN THE COMMUNITY.
AMERICAN LEGION POST 0036 IS COMMITTED TO SERVING THE GENERAL PUBLIC BY SUPPORTING COMMUNITY ACTIVITIES SUCH AS INTERLAKEN HERITAGE DAYS HELD IN FAIRMONT. ADDITIONALLY, THEY MAKE CHARITABLE CONTRIBUTIONS TO ORGANIZATIONS THAT SERVE THIS COMMUNITY SUCH AS THE SHEPHERDS INN.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Fosness Commander | Officer | 1 | $0 |
Jim Hardt 1st Vice Com | Officer | 1 | $0 |
Ken Ringeisen Adjutant | Officer | 1 | $0 |
Jim Miller Finance Off | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,301 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $113,366 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $115,667 |
| Total Program Service Revenue | $870 |
| Investment income | $561 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $193 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | -$13,449 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $103,868 |
| 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 | $2,616 |
| 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 | $0 |
| 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 | $32 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $839 |
| 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 | $0 |
| Insurance | $144 |
| All other expenses | $669 |
| Total functional expenses | $24,937 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,361 |
| Savings and temporary cash investments | $24,942 |
| 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 | $0 |
| Investments—publicly traded securities | $244,852 |
| Investments—other securities | $500,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $850,155 |
| Accounts payable and accrued expenses | -$345 |
| 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 | -$345 |
| Net assets without donor restrictions | $0 |
| 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 | $850,500 |
| Total liabilities and net assets/fund balances | $850,155 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Legion Park Rapids, MN | $825,850 | $4,270,979 |
Veterans Club Kenmare, ND | $1,486,143 | $2,790,806 |
American Legion Portage, WI | $4,372,734 | $2,507,173 |
Disabled American Veterans Saint Paul, MN | $2,007,600 | $2,057,727 |
Veterans Of Foreign Wars Dept Of Minnesota Savage, MN | $1,880,038 | $1,395,935 |
Veterans Of Foreign Wars Of The United States Dept Of Wisconsin Madison, WI | $1,702,327 | $1,105,490 |
American Legion Spicer, MN | $956,184 | $1,720,277 |
Veterans Of Foreign Wars Department Of Minnesota Blaine, MN | $820,954 | $1,280,331 |
Veterans Of Foreign Wars Dept Of Minnesota Monticello, MN | $968,617 | $1,496,186 |
American Legion Chanhassen, MN | $1,138,571 | $1,734,499 |
Disabled Veterans Rest Camp Association Inc Marine On St Croix, MN | $1,826,999 | $1,185,240 |
American Legion St Paul, MN | $3,937,900 | $1,356,334 |