American Legion Post 126 - Cosmos

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

EIN: 410691677 ✦ Cosmos, MN ✦ Designated as a 501(c)(19)

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Overview

What is American Legion Post 126 - Cosmos?

American Legion Post 126 - Cosmos is a nonprofit organization based in Cosmos, Minnesota. With a small team of three dedicated individuals, they focus on contributing financially to their community through earnings generated from lawful gambling activities. Their mission is to actively participate in community affairs and provide support to civic and social organizations through both volunteer efforts and financial contributions. This nonprofit organization demonstrates a strong commitment to enhancing the well-being of their local community.

Is American Legion Post 126 - Cosmos legitimate?

American Legion Post 126 - Cosmos is a legitimate nonprofit organization registered as a 501(c)(19) entity. American Legion Post 126 - Cosmos 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: $0

For more financial information, click here

What is the mission statement of American Legion Post 126 - Cosmos?

American Legion Post 126-Cosmos is committed to actively engaging in their community and providing support to various civic and social organizations. They achieve this through both volunteer efforts and financial contributions, primarily sourced from lawful gambling activities. The post aims to enhance the community's well-being by contributing financially to various initiatives and organizations.

What is the revenue of American Legion Post 126 - Cosmos?

American Legion Post 126 - Cosmos's revenue in 2023 was -$30,158.

Who are the executives of American Legion Post 126 - Cosmos and what are their salaries?

There is 1 employee and 15 volunteers at American Legion Post 126 - Cosmos.

Here are 4 key members and their salaries:


Ronald Mortenson (Gambling Manage)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Adams (Commander)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Fredrickson (Adjutant)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph Inselmann (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for American Legion Post 126 - Cosmos?

American Legion Post 126 - Cosmos's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of American Legion Post 126 - Cosmos

American Legion Post 126-Cosmos is committed to playing an active role in its community by supporting various civic and social organizations. This nonprofit organization achieves this goal through volunteer efforts and financial contributions, drawn primarily from the revenues generated through lawful gambling activities. By engaging in these activities, American Legion Post 126-Cosmos demonstrates a strong commitment to uplifting its community and contributing to the betterment of local social causes.

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Impact




October, 2024

American Legion Post 126 - Cosmos significantly impacts its community by actively engaging in civic activities and supporting local organizations. Through dedicated volunteer efforts and financial contributions generated from lawful gambling, the post plays a crucial role in enhancing community well-being. Their mission centers on fostering a sense of community and ensuring that civic and social organizations receive the necessary support, which helps strengthen social ties and improve the quality of life for residents in Cosmos, MN. The financial donations not only aid in various community initiatives but also empower volunteers to contribute their time and skills, making a positive difference in the lives of many.




This information is meant to be a general summary of American Legion Post 126 - Cosmos. 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
-$30,158 (2023)
Expenses
$9,224 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $3
  • Gross Receipts: $3,772,266

Assets and Liabilities:

  • Total Assets: $148,337
  • Total Liabilities: $0
  • Net Assets: $148,337

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Organization Details

Founding Year

1950

Principal Officer

Mark Adams

NTEE Category

Code: W30 - Public benefit

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