American Legion is located in Valley, NE. 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. 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 $17.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $24.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 4 years. 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
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Rowe Commander | 6 | $0 | |
Richard Rowe Adjutant/finance Officer | 38 | $0 | |
Rodger Fallon Vice Commander | 6 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,697 |
Total Program Service Revenue | $0 |
Membership dues | $2,299 |
Investment income | $142 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $12,182 |
Other Revenue | $0 |
Total Revenue | $17,320 |
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 | $730 |
Occupancy, rent, utilities, and maintenance | $18,300 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $5,577 |
Total expenses | $24,607 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $94,940 |
Other assets | $0 |
Total assets | $182,580 |
Total liabilities | $0 |
Net assets or fund balances | $182,580 |