Overview
What is Speedway Post 500 Inc?
Speedway Post 500 Inc, operating under the name American Legion, is a nonprofit organization situated in Speedway, Indiana. With a dedicated workforce of 19 individuals, its primary mission is to uphold and defend the Constitution of the United States, maintain law and order, foster Americanism, and develop a sense of obligation towards the community, state, and nation, as stated in the American Legion's ideals. The organization provides an environment of camaraderie and patriotism for its members, encouraging a sense of responsibility towards the community and nation.
Is Speedway Post 500 Inc legitimate?
Speedway Post 500 Inc is a legitimate nonprofit organization registered as a 501(c)(19) entity. Speedway Post 500 Inc 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: $222,450
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What is the mission statement of Speedway Post 500 Inc?
Speedway Post 500 Inc's mission is centered around upholding and safeguarding the Constitution of the United States, maintaining law and order, promoting American values, and fostering a sense of responsibility towards the community, state, and nation. The organization aims to create an atmosphere of camaraderie and patriotism among its members, encouraging a sense of duty and loyalty to their country.
What is the revenue of Speedway Post 500 Inc?
Speedway Post 500 Inc's revenue in 2023 was $1,483,509.
Who are the executives of Speedway Post 500 Inc and what are their salaries?
The average compensation at Speedway Post 500 Inc during 2023 was $9,672. There are 23 employees at Speedway Post 500 Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Speedway Post 500 Inc?
Speedway Post 500 Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Speedway Post 500 Inc
Speedway Post 500 Inc, as a part of the American Legion, is committed to upholding and defending the Constitution of the United States of America. The organization strives to maintain law and order, foster a strong sense of Americanism, and develop a sense of responsibility towards the community, state, and nation. This mission is carried out by creating an environment that encourages camaraderie and patriotism among its members. The members of Speedway Post 500 Inc are encouraged to uphold these ideals, contributing to a united and responsible society.
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Impact
October, 2024
Speedway Post 500 Inc plays a significant role in promoting the ideals of the American Legion among its members and the wider community in Speedway, Indiana. The organization fosters a strong sense of patriotism and camaraderie, creating an environment in which members can connect over shared values and commitments to the nation.
By upholding and defending the Constitution of the United States, Speedway Post 500 Inc actively contributes to maintaining law and order in the community. This commitment is essential in promoting civic responsibility and encouraging citizens to engage in their local, state, and national communities.
Moreover, through its initiatives, the organization instills a sense of Americanism, reminding members and the community of the values that underpin the nation's foundation. Through its activities, Speedway Post 500 Inc develops a heightened sense of obligation among individuals, urging them to contribute positively to society. Overall, the impact of Speedway Post 500 Inc is felt in its fostered sense of community, commitment to civic duty, and celebration of American values.
This information is meant to be a general summary of Speedway Post 500 Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $1,460,513
- Gross Receipts: $1,483,509
Assets and Liabilities:
- Total Assets: $865,505
- Total Liabilities: $83,057
- Net Assets: $782,448
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLUBROOM
Revenue
$545,977
GAMING
Revenue
$768,533
PARKING LOT RENTAL
Revenue
$144,620
TIPS VIDEO GAME ATM
Revenue
$1,383
Organization Details
Founding Year
1946
Principal Officer
Mike Florek
NTEE Category
Code: W30 - Public benefit
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