American Legion is located in Roland, IA. 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 12/2016, American Legion employed 14 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 12/2016, American Legion generated $68.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $42.6k during the year ending 12/2016. 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
2016
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION IS ENTIRELY FOR THE BENEFIT OF VETERANS AND THE PROMOTIONS OF VETERANS AFFAIRS TO THE PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BOYS STATE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jerry Christian Commander | Officer | 5 | $0 |
Tommy Chance Adjunant | Officer | 5 | $0 |
Gary Carpenter 1st Vice Commander | Officer | 5 | $0 |
Eugene Schaffer Finance Officer | Officer | 5 | $0 |
Al Cook Sargent At Arms | Officer | 5 | $0 |
Tom Nolte Service Officer | Officer | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $3,045 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $33,501 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $36,546 |
Total Program Service Revenue | $0 |
Investment income | $8 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $800 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $1,555 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $29,898 |
Miscellaneous Revenue | $0 |
Total Revenue | $68,807 |
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 | $15,818 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $5,494 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $270 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $547 |
Office expenses | $231 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $8,846 |
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 | $1,149 |
All other expenses | $0 |
Total functional expenses | $42,645 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $24,000 |
Savings and temporary cash investments | $57,970 |
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 | $78,464 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $160,434 |
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 | $0 |
Total liabilities | $0 |
Unrestricted restricted net Assets | $0 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $0 |
Capital stock or trust principal, or current funds | $160,434 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total net assets or fund balances | $160,434 |