American Legion is located in Gonvick, 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 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 $35.1k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $47.8k during the year ending 12/2022. 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
VETERANS ORGANIZATION THAT SERVES PAST AND PRESENT MEMBERS OF THE ARMED FORCES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Leory Sundquist Commander | 2 | $0 | |
Eldin Okstad Adjutant | 2 | $0 | |
Gus Ollestad Financial Officer | 2 | $0 | |
Candace Coulter Membership Dir | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $295 |
Total Program Service Revenue | $30,700 |
Membership dues | $2,620 |
Investment income | $104 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $1,385 |
Total Revenue | $35,104 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $710 |
Occupancy, rent, utilities, and maintenance | $9,456 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $37,665 |
Total expenses | $47,831 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $85,322 |
Other assets | $0 |
Total assets | $144,676 |
Total liabilities | $0 |
Net assets or fund balances | $144,676 |