Betterton American Legion Post 246
- Assets
- $92.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Betterton, MD
- Founding
- 03/1946
- Data as of
- 12/2021
- EIN
- 52-6077825
Organization Overview
Betterton American Legion Post 246 is located in Betterton, MD. 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. Betterton American Legion Post 246 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 12/2021, Betterton American Legion Post 246 generated $95.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $68.8k during the year ending 12/2021. While expenses have increased by 5.0% per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clifford Gladu Vice Preside | 4 | $0 | |
Michael Heffron Secretary | 4 | $0 | |
Eric Broussard President | 4 | $0 | |
David Walbert Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,123 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $22 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $42,645 |
| Other Revenue | $4,882 |
| Total Revenue | $95,561 |
| 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 | $1,650 |
| Occupancy, rent, utilities, and maintenance | $34,366 |
| Printing, publications, postage, and shipping | $1,146 |
| Other expenses | $31,628 |
| Total expenses | $68,790 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,645 |
| Other assets | $0 |
| Total assets | $92,909 |
| Total liabilities | $0 |
| Net assets or fund balances | $92,909 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vietnam Veterans Of America Inc Silver Spring, MD | $22,711,920 | $10,930,074 |
United Service Organizations Inc Fort Myer, VA | $0 | $2,240,114 |
Marine Corps Association Quantico, VA | $17,818,262 | $7,455,788 |
U S Naval Sea Cadet Corps Arlington, VA | $6,985,927 | $8,234,482 |
Veterans Leadership Program Of Western Pennsylvania Inc Pittsburgh, PA | $2,368,240 | $7,560,705 |
Women In Military Service For America Memorial Foundation Inc Arlington, VA | $11,722,569 | $5,876,595 |
Caring For Military Families The Elizabeth Dole Foundation Washington, DC | $8,548,001 | $7,173,277 |
Young Marines Of The Marine Corps League Dumfries, VA | $6,204,129 | $6,595,765 |
Coast Guard Mutual Assistance Incorporated Arlington, VA | $53,600,951 | $7,292,457 |
Navy League Of The United States National Headquarters Arlington, VA | $72,874,046 | $1,354,328 |
Special Operations Association Of America Washington, DC | $200,086 | $3,886,390 |
Naval Academy Sailing Foundation Inc Annapolis, MD | $38,236,455 | $2,114,798 |