Overview
What is American Legion Post 25 Foundation?
The American Legion Post 25 Foundation is a nonprofit organization located at 7605 Marshall Ave, Newport News, VA 23605. Its primary mission is to manage investments for future use in supporting program services, specifically by providing buildings and grounds for the Braxton-Perkins American Legion Post 25. This foundation operates as an effective means of saving funds for future projects related to the American Legion Post 25.
Is American Legion Post 25 Foundation legitimate?
American Legion Post 25 Foundation is a legitimate nonprofit organization registered as a 501(c)(2) entity. American Legion Post 25 Foundation 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
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What is the mission statement of American Legion Post 25 Foundation?
The American Legion Post 25 Foundation's mission is centered around providing necessary buildings and grounds for the Braxton-Perkins American Legion Post 25. By doing so, they aim to ensure an economical means of preserving investments for future use in their program services. This mission is crucial for the smooth operation and continuity of the services offered by the American Legion Post 25. The foundation's role is instrumental in facilitating a conducive environment for the Post 25's activities.
Who is the CEO of American Legion Post 25 Foundation?
Richard Thomasson is the President of American Legion Post 25 Foundation.
What is the revenue of American Legion Post 25 Foundation?
American Legion Post 25 Foundation's revenue in 2022 was $10,391.
Who are the executives of American Legion Post 25 Foundation and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for American Legion Post 25 Foundation?
American Legion Post 25 Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of American Legion Post 25 Foundation
The American Legion Post 25 Foundation's mission is centered around providing essential buildings and grounds for the Braxton-Perkins American Legion Post 25. This task serves as a cost-effective means of preserving funds for future use in program services. By taking on this role, the foundation ensures that the American Legion Post 25 has the necessary infrastructure to carry out its activities effectively. This mission is crucial in supporting the Post 25's operations and enabling it to continue serving its community in the long term.
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Impact
October, 2024
The American Legion Post 25 Foundation significantly impacts the Newport News, VA community by providing essential buildings and grounds for the Braxton-Perkins American Legion Post 25. This foundation creates a cost-effective framework for holding investments that are directed towards future program services. By maintaining these facilities, the foundation supports a hub for veteran activities and gatherings, fostering a sense of community among veterans and their families. The foundation's efforts contribute to community improvement and ensure that resources are available for various programs that benefit local veterans and the wider community.
This information is meant to be a general summary of American Legion Post 25 Foundation. 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 2022.
- Investment Income: $10,391
- Gross Receipts: $10,391
Assets and Liabilities:
- Total Assets: $492,481
- Total Liabilities: $0
- Net Assets: $492,481
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Organization Details
Founding Year
1979
Principal Officer
Richard Thomasson
Main Address
7605 Marshall Ave, Newport News, VA, 23605
NTEE Category
Code: S47 - Community improvement
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