American Legion 556

Samuel Derby Post

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 160743551 ✦ Frewsburg, NY ✦ Designated as a 501(c)(19)

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Overview

What is American Legion 556?

American Legion 556, also known as Samuel Derby Post, is a benevolent organization based in Frewsburg, New York, specifically located at 9 Meadow Lane. This nonprofit organization is primarily focused on providing recreational activities and fundraising events for its veteran members and their families. With a total workforce of 48 individuals, American Legion 556 hosts dinners and banquets as a means to foster community and camaraderie among its members. The organization's mission is to support veterans and their families through these social gatherings, aiming to provide a sense of belonging and support for those who have served in the military.

Is American Legion 556 legitimate?

American Legion 556 is a legitimate nonprofit organization registered as a 501(c)(19) entity. American Legion 556 submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $226,696

For more financial information, click here

What is the mission statement of American Legion 556?

American Legion 556 is a benevolent organization primarily focused on providing recreational activities and fundraising opportunities, primarily for veterans and their families. Its mission is geared towards offering these benefits with the intention of bringing joy and support to this group. The organization often hosts dinners and banquets, serving as a social gathering spot for its members and their families.

Who is the CEO of American Legion 556?

Ron Waid is the President of American Legion 556.

What is the revenue of American Legion 556?

American Legion 556's revenue in 2023 was $423,414.

Who are the executives of American Legion 556 and what are their salaries?

The average compensation at American Legion 556 during 2023 was $4,723. There are 48 employees at American Legion 556.


Here are 6 key members and their salaries:


Ronald Waid (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Nelson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Peterson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Perry Wentzel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Windall (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Johnson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for American Legion 556?

American Legion 556's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of American Legion 556

American Legion 556 is a benevolent organization, dedicated to providing recreational activities and raising funds for the benefit of veterans and their families. Its mission is centered around organizing dinners and banquets, offering these events as a means of fostering a sense of community among its members and their families. The organization aims to create a supportive environment where veterans and their loved ones can connect, relax, and enjoy shared experiences, all while contributing to a worthy cause.

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Impact




October, 2024

American Legion 556 plays a crucial role in enhancing the lives of veterans and their families in Frewsburg, NY. By organizing dinners and banquets, it fosters a sense of community and belonging among its members. These events not only create opportunities for recreation and relaxation but also serve as important fundraising platforms to support various initiatives aimed at benefiting veterans. The organization’s commitment to supporting those who have served the nation reinforces social connections and provides vital resources to address the unique challenges faced by veterans and their families. Through these efforts, American Legion 556 enhances the well-being and morale of the veteran community in the area.




This information is meant to be a general summary of American Legion 556. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$423,414 (2023)
Expenses
$436,563 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $16
  • Gross Receipts: $769,391

Assets and Liabilities:

  • Total Assets: $817,497
  • Total Liabilities: $364,927
  • Net Assets: $452,570

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Organization Details

Founding Year

1949

Principal Officer

Ron Waid

Main Address

9 MEADOW LANE, FREWSBURG, NY, 147389550

NTEE Category

Code: W30 - Public benefit

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