The information for Legion Oasis is as of the organization's most recent filing in June 2020. This organization is located in Butte, MT. It has been in existence for 48 years, following its founding in 1972.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
Legion Oasis' NTEE Code is W30. The "W" tells us that the organization is classified along with Military & Veterans Organizations. The "30" tells us that the organization is a Public & Societal Benefit organization. The NTEE describes Public & Societal Benefit organizations as membership organizations that are engaged in promoting the interests of the veterans or active or retired military personnel who are their members.
Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. However, there are actually 29 different types of organizations that are identified by the Internal Revenue Code. This organization happens to be a 501(c)(4) organization. The IRS describes these organizations as Civic Leagues, Social Welfare Organizations, and Local Associations of Employees.
Perhaps the most accurate way to get a sense of what the organization hopes to achieve is by looking at its mission. The mission of Legion Oasis is to provide housing for low to moderate income families.
Legion Oasis, Inc. is a 160-unit apartment facility located in Butte, Montana, that provides low and moderate income families with safe and affordable housing.
Legion Oasis is run by Mike Lawson, who is the President. The organization has 5 employees, none of whom are paid more than $100k per year (according to the organization's most recent 990 tax filing). There are no volunteers supporting the paid staff.
Legion Oasis is an exemplary non-profit organization when it comes to governance. With seven voting members and seven independent members, the organization ensures that all decisions are made with the best interests of the organization in mind. Furthermore, potential conflicts of interest do not exist, and the organization has not delegated management to an outside firm. Board and committee meetings are documented, and the organization has a conflict of interest policy and a written whistleblower policy. Additionally, Legion Oasis has a document retention policy, and substantiates and reviews leadership and officer salaries. Finally, the organization provides copies of the 990 to the board prior to filing. In short, Legion Oasis is an organization that is well-governed and committed to transparency.
Overall, Legion Oasis has grown over the given time period, with total revenue and expenses increasing and employee salaries also increasing. However, the number of total employees decreased over the same time period, indicating that the organization may have become more efficient in its operations.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steve Allen Secretary/treasurer | OfficerTrustee | 1 | $0 |
Eileen Grebb Vice President | OfficerTrustee | 1 | $0 |
Mike Lawson President | OfficerTrustee | 1 | $0 |
Barry Kippen Board Member | Trustee | 1 | $0 |
Bill Bowden Board Member | Trustee | 1 | $0 |
David Reisenauer Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $44,032 |
Noncash contributions included in lines 1a–1f | $44,032 |
Total Revenue from Contributions, Gifts, Grants & Similar | $44,032 |
Total Program Service Revenue | $1,046,745 |
Investment income | $1,322 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,100,949 |
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 | $199,579 |
Pension plan accruals and contributions | $5,831 |
Other employee benefits | $22,847 |
Payroll taxes | $17,397 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,780 |
Fees for services: Accounting | $20,700 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $4,594 |
Office expenses | $14,717 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $28,291 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $78,721 |
Insurance | $63,059 |
All other expenses | $11,198 |
Total functional expenses | $907,630 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $886,422 |
Savings and temporary cash investments | $47,560 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $45 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $44,484 |
Net Land, buildings, and equipment | $767,485 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $50,731 |
Total assets | $1,796,727 |
Accounts payable and accrued expenses | $13,779 |
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 | $495,757 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $107,787 |
Total liabilities | $617,323 |
Net assets without donor restrictions | $1,179,404 |
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 | $0 |
Total liabilities and net assets/fund balances | $1,796,727 |
Organization Name | Assets | Revenue |
---|---|---|
Veterans Club Kenmare, ND | $1,486,143 | $2,790,806 |
Department Of Montana Veterans Of Foreign Wars Of The United States Whitefish, MT | $302,149 | $1,134,597 |
Big Sky Bravery Foundation Bozeman, MT | $1,728,012 | $2,494,375 |
South Dakota Military Heritage Alliance Inc Sioux Falls, SD | $11,375,976 | $3,644,331 |
Legion Oasis Butte, MT | $1,796,727 | $1,100,949 |
Rocky Boy Veterans Center Box Elder, MT | $339,464 | $950,502 |
American Legion Post 91 Of New Salem New Salem, ND | $1,282,127 | $1,373,595 |
Department Of Montana Veterans Of Foreign Wars Of The United States Kalispell, MT | $1,139,558 | $837,996 |
Veterans Of Foreign Wars Of The United States Dept Of South Dakota Britton, SD | $337,178 | $592,686 |
American Legion Box Elder, MT | $2 | $554,589 |
American Legion Gillette, WY | $679,145 | $606,658 |
American Legion Watertown, SD | $1,107,236 | $564,690 |