American Legion is located in Sidney, IA. The organization was established in 1956. 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 09/2023, American Legion generated $529.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $392.1k during the year ending 09/2023. While expenses have increased by 4.6% per year over the past 6 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE SOCIAL WELFARE OF THE COMMUNITY, YOUTH, AND TO ASSIST OTHER SERVICE ORGANIZATIONS IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS ORGANIZATION ORGANIZES A RODEO FOR THE BENEFIT OF FAMILY ENTERTAINMENT EACH YEAR AS WELL AS SUPPORT LOCAL AND COUNTY ORGANIZATIONS THAT HELP WITH YOUTH, EDUCATION, RELIGION, ECONOMIC, SOCIETY & HISTORICAL AREAS. PROGRAMS SUPPORTED WERE: FREMONT COUNTY HISTORICAL SOCIETY; SIDNEY LIBRARY; SIDNEY YOUTH SPORTS; JR. PARENTS AFTER PROM; SIDNEY STUDENT COUNCIL; UNITED FAITH CHURCH; PERCIVAL COMMUNITY CHURCH; VICTORY LIFE CHURCH; THURMAN METHODIST CHURCH; PEO; SIDNEY AUXILARY; CATHOLIC CHURCH HAMBURG; ESSEX FIRE DEPARTMENT; FREMONT COUNTY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gary Whipple Commander | Officer | 5 | $0 |
Bud Severn Vice Commander | Officer | 5 | $0 |
Make Battenhorst Chaplain | Officer | 1 | $0 |
James Nenneman Finance Officer | Officer | 5 | $0 |
Keith Catlett Historian | Officer | 1 | $0 |
Fred Moyer Service Officer | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $5,535 |
Fundraising events | $4,629 |
Related organizations | $0 |
Government grants | $10,000 |
All other contributions, gifts, grants, and similar amounts not included above | $5,092 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $25,256 |
Total Program Service Revenue | $478,286 |
Investment income | $162 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $882 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $19,060 |
Miscellaneous Revenue | $0 |
Total Revenue | $529,800 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $7,414 |
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 | $2,775 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $289 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,975 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $201,376 |
Advertising and promotion | $32,384 |
Office expenses | $5,376 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $10,411 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,678 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,299 |
Insurance | $20,192 |
All other expenses | $15,184 |
Total functional expenses | $392,123 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $422,857 |
Savings and temporary cash investments | $9,519 |
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 | $2,770 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $24,989 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $460,135 |
Accounts payable and accrued expenses | $0 |
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 | $25,398 |
Total liabilities | $25,398 |
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 | $434,737 |
Total liabilities and net assets/fund balances | $460,135 |