American Legion
- Assets
- $105.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Concord, NC
- Founding
- 03/1954
- Data as of
- 12/2022
- EIN
- 56-0612136
Organization Overview
American Legion is located in Concord, NC. The organization was established in 1954. 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 $73.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $74.8k during the year ending 12/2022. While expenses have increased by 0.8% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
VARIOUS GRANTS AND CONTRIBUTIONS TO ORGANIZATIONS AND SCHOOLS WITHIN CABARRUS COUNTY TO SHOW COMMUNITY SUPPORT AND HELP YOUTH OF CABARRUS COUNTY INCLUDING HELPING THE POST BASEBALL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles A Duke Finance Officer | 3 | $0 | |
Thomas Hayes Adjutant | 2 | $0 | |
Jack Ward 1st Vice Commander | 1 | $0 | |
Ronald A Frawley Commander | 6 | $0 | |
C Dale Merrell Post Service Officer | 1 | $0 | |
Donald J Faggart Sr 2nd Vice Commander | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,200 |
| Total Program Service Revenue | $0 |
| Membership dues | $11,974 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $11,600 |
| Total Revenue | $73,282 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $8,150 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,400 |
| Occupancy, rent, utilities, and maintenance | $52,418 |
| Printing, publications, postage, and shipping | $375 |
| Other expenses | $8,992 |
| Total expenses | $74,835 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,289 |
| Other assets | $0 |
| Total assets | $105,383 |
| Total liabilities | $6,544 |
| Net assets or fund balances | $98,839 |