American Legion is located in Eldora, IA. 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. As of 07/2022, American Legion employed 3 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 07/2022, American Legion generated $97.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (61.7%) each year. All expenses for the organization totaled $78.0k during the year ending 07/2022. 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
SERVICES FOR VETERANS OF MILITARY SERVICE
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVICES FOR VETERANS OF THE ARMED SERVICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Blake Jones Commander | Trustee | 0 | $0 |
Jim Brown Financial Officer | Trustee | 0 | $0 |
Craig Froning 1st Vice Commander | Trustee | 0 | $0 |
Mark Hobson Sargeant At Arms | Trustee | 0 | $0 |
Scott Hootman Adjutant | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $7,762 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $240 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $8,002 |
Total Program Service Revenue | $19,735 |
Investment income | $256 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $58,763 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $97,152 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $34,084 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $6,030 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $756 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $495 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $12,080 |
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 | $7,219 |
All other expenses | $7,974 |
Total functional expenses | $77,959 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $22,747 |
Savings and temporary cash investments | $192,086 |
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 | $1,690,692 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,905,525 |
Accounts payable and accrued expenses | $780 |
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 | $780 |
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 | $1,904,745 |
Total liabilities and net assets/fund balances | $1,905,525 |
Organization Name | Assets | Revenue |
---|---|---|
Veterans Of Foreign Wars Of The United States Auxillary Kansas City, MO | $115,995,007 | $13,500,016 |
Veterans Community Project Kansas City, MO | $14,262,405 | $11,060,934 |
American Legion Park Rapids, MN | $825,850 | $4,270,979 |
Amvets Springfield, IL | $604,546 | $3,188,714 |
American Legion Portage, WI | $4,372,734 | $2,507,173 |
Welcome Home Inc Columbia, MO | $4,815,089 | $2,743,236 |
American Legion Bloomington, IL | $4,519,203 | $2,240,833 |
Disabled American Veterans Saint Paul, MN | $2,007,600 | $2,057,727 |
Operation Support Our Troops - America Inc Naperville, IL | $995,272 | $1,019,373 |
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 |