American Legion Post 749

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

EIN: 362906078 ✦ Knoxville, IL ✦ Designated as a 501(c)(19)

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Overview

What is American Legion Post 749?

American Legion Post 749 is a nonprofit organization based in Knoxville, Illinois. With a small team of 12 individuals, their primary mission is to offer fraternal and social benefits to both their members and the general public. They honor the sacrifices of those who serve by enriching the lives of veterans, military personnel, and their families, both domestically and internationally. The organization achieves this through various means, including raffle ticket sales. These tickets, purchased by both Legion members and the public, offer nominal cash prizes, generating income for the Legion without incurring additional costs. In 2022, American Legion Post 749 distributed a total of $2,575 in cash prizes to lucky weekly winners, incentivizing attendance and social interaction within the Legion community. Their primary source of income comes from co-op payments from gambling machine revenues, which are also shared with the state of Illinois and a vendor.

Is American Legion Post 749 legitimate?

American Legion Post 749 is a legitimate nonprofit organization registered as a 501(c)(19) entity. American Legion Post 749 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: $65,213

For more financial information, click here

What is the mission statement of American Legion Post 749?

American Legion Post 749's mission is centered around providing fraternal and social benefits to its members and the general public. This organization seeks to honor the sacrifice of those who serve in the military by enhancing the lives of veterans and their families, both domestically and internationally. The Legion achieves this by organizing various activities, including successful $1 raffle ticket sales. These raffles offer nominal cash prizes to participants, including both Legion members and the public. The raffle revenues, derived from gambling machine sales, generate income for the Legion at no additional cost, providing funds for member benefits. The Legion also rewards its members with weekly cash prizes, incentivizing their attendance and social interaction.

Who is the CEO of American Legion Post 749?

Harvey Schofield is the Commander of American Legion Post 749.

What is the revenue of American Legion Post 749?

American Legion Post 749's revenue in 2023 was $277,372.

Who are the executives of American Legion Post 749 and what are their salaries?

The average compensation at American Legion Post 749 during 2023 was $5,434. There are 12 employees at American Legion Post 749.


Here are 4 key members and their salaries:


Timothy C Asbury (Financial Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Caldwell (Adjutant)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harvey Schofield (Commander)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Potter (Bookkeeper)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for American Legion Post 749?

American Legion Post 749's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of American Legion Post 749

The American Legion Post 749 is dedicated to providing fraternal and social benefits to its members and the general public. This non-profit organization honors the sacrifice of those who serve by enhancing the lives of veterans, military personnel, and their families, both domestically and internationally. Its mission is twofold: firstly, it aims to offer social and fraternal benefits to its members; and secondly, it seeks to honor the sacrifices made by those who serve in the military by improving their living conditions.

To achieve its mission, the American Legion Post 749 engages in various activities. One of its notable initiatives is the $1 raffle ticket sales. This activity is popular among both its members and the general public, offering them the chance to win nominal cash prizes. The raffle sales are successful, with the organization awarding a total of $44,100 in prizes during the year in question. Additionally, the Legion receives co-op payments from gambling machine revenues, which are also shared with the state of Illinois and a vendor. These revenues provide the Legion with much-needed funds to offer membership benefits to its members.

In summary, the American Legion Post 749 is a non-profit organization that provides fraternal and social benefits to its members and honors the sacrifices of those who serve in the military. It does this through various initiatives, including the popular $1 raffle ticket sales and the revenue generated from gambling machines. These activities not only offer entertainment and the chance to win prizes but also provide the Legion with funds to enhance the lives of its members and the military community.

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Impact




October, 2024

American Legion Post 749 has a significant impact on both its members and the broader community by fostering a sense of fraternity and providing social benefits. The organization focuses on honoring the sacrifices of veterans and active military personnel, enhancing their lives as well as those of their families through various initiatives.

Through engaging activities like $1 raffle ticket sales, the Post not only offers nominal cash prizes—totaling $44,100 this past year—but also encourages community participation, bringing together members and the general public in a shared experience. These events create an opportunity for social interaction and connection, making the Post a valuable hub for camaraderie among veterans and their families.

Revenue generated from gambling machines contributes to the financial stability of the Post, allowing it to provide essential benefits to its members at no additional cost. This income is vital for the continuous operation of the Post and enables it to offer cash prizes weekly, further incentivizing attendance and participation. In fiscal year 2022 alone, the Post distributed $2,575 in cash prizes, reinforcing its commitment to creating a lively, engaging atmosphere for its members.

Overall, American Legion Post 749 plays an essential role in enhancing the lives of veterans and military families in Knoxville, IL, while also promoting engagement and socialization within the community.




This information is meant to be a general summary of American Legion Post 749. 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
$277,372 (2023)
Expenses
$249,884 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $118
  • Program Service Revenue: $49,859
  • Gross Receipts: $394,861

Assets and Liabilities:

  • Total Assets: $442,185
  • Total Liabilities: $0
  • Net Assets: $442,185

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RAFFLE TICKET SALES

Revenue

$45,589

GOLF OUTING

Revenue

$4,270

Organization Details

Founding Year

1955

Principal Officer

Harvey Schofield

Main Address

PO BOX 173, KNOXVILLE, IL, 614480173

NTEE Category

Code: W30 - Public benefit

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