15 Matanuska Valley FY2024 filing

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This facility is for members and their families to socialize and hold events in honor of and to memorialize our countrys veterans. Beneficiaries are approximately 10,000.

501(c)(19) veterans' organization; the IRS lists gifts to it as tax-deductible.
93¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(19)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $17K a year · 5% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
2 mo
of spending, in cash
Fine: 1.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $8K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$28K
29% of total assets
Looks good: liabilities are 29% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$295K
-12% vs prior year
Spent
$294K
To programs
93%
Net assets
$67K
By yearFY2021–FY2025
Revenue
$295K
FY2024▼ -12%
Tap a bar for its year
Revenue by fiscal year
FY2021$284K
FY2022$311K
FY2023$337K
FY2024$295K
FY2025$366K
Expenses
$294K
FY2024▼ -8%
Tap a bar for its year
Expenses by fiscal year
FY2021$256K
FY2022$332K
FY2023$321K
FY2024$294K
FY2025$304K
Net assets
$67K
FY2024▼ -83%
Tap a bar for its year
Net assets by fiscal year
FY2021$387K
FY2022$367K
FY2023$383K
FY2024$67K
FY2025$129K

From the FY2024 Form 990 (year ending June 2024) · see the original

990 PDF Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 1940.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $273K Management & general 7% · $21K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President/Commander
$0Pt VII · Sec A
1st Vice/Director
$0Pt VII · Sec A
2nd Vice/Secretary
$0Pt VII · Sec A
Treasurer/Finance
$0Pt VII · Sec A
$0Pt VII · Sec A
See 15 Matanuska Valley executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Honors and memorializes veterans by providing a space for members and families to socialize and hold events.

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1 program · $273K · in their own filed words · FY2023
01

Matanuska Valley Post 15 American Legions main exempt purpose is to provide a facility that promotes the memorialization of U.S. Veterans. The facility is for members and their families to socialize and hold events to honor veterans.

$273Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$8K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$295K
Ln 12
Fees for servicesLn 2g$187K
Gifts and grantsLn 1h$111K
Investment incomeLn 3$15
Money outPt IX
$294K
Ln 25
Programscol B$273K
Managementcol C$21K
Owns and owesPt X
$67K
net assets · Ln 32
Cash and savingsLn 1–2$48K
Total assetsLn 16$95K
LiabilitiesLn 26$28K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$111K
Fees for servicesLn 2g$187K
Investment incomeLn 3$15
Total revenueLn 12$295K
Assets in detailPt X, end of year
CashLn 1$43K
SavingsLn 2$5K
Cash and savings togetherLn 1–2$48K
Land, buildings, equipmentLn 10c$47K
Total assetsLn 16$95K
LiabilitiesLn 26$28K
Net assetsLn 32$67K
OperationsPt I, VI
EmployeesI 54
VolunteersI 610
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$44K$48K
Land, buildings, equipmentLn 10c$364K$47K
Total assetsLn 16$409K$95K
LiabilitiesLn 26$26K$28K
Net assetsLn 32$383K$67K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$500$500
Grants to domestic individualsLn 2$1K$1K
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$7K$7K
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$58K$58K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$5K$5K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$7K$7K
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$6K$6K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$44K$44K
TravelLn 17$109$109
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$340$340
InterestLn 20$741$741
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$3K$3K
InsuranceLn 23$16K$16K
Other expenses (24a–d)Ln 24$142K$137K$5K
All other expensesLn 24e$0
Total functional expensesLn 25$294K$273K$21K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Jan 28, 2026 $366K$304K$62K$129K 990 PDF
FY2024 ViewingFiled with the IRS Nov 11, 2024 $295K$294K$1K$67K 990 PDF
FY2023Filed with the IRS Feb 6, 2024 $337K$321K$16K$383K 990 PDF
FY2022Filed with the IRS May 2, 2023 $311K$332K−$21K$367K 990 PDF
FY2021Filed with the IRS Nov 3, 2021 $284K$256K$28K$387K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $295,099 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $100,414$111,141
I-9 Program service revenuePrior year $233,481$187,260
I-10 Investment incomePrior year $18$15
I-11 Other revenuePrior year $3,110−$3,317
I-12 Total revenuePrior year $337,023$295,099
I-13 Grants and similar amounts paidPrior year $2,700$1,500
I-14 Benefits paid to membersPrior year $7,080$6,786
I-15 Salaries and benefitsPrior year $68,279$63,270
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $242,548$222,421
I-18 Total expensesPrior year $320,607$293,977
I-19 Revenue less expensesPrior year $16,416$1,122
Part VI · Governance 5 of 5 board members independent, 3 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $295,099 across 6 lines filed
Lines not itemized here account for −$3,317 of total revenue; see the IRS return.
VIII-1b Membership dues$10,464
VIII-1f All other contributions, gifts and grants$100,677
VIII-1h Total contributions, gifts and grants$111,141
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $187,260$187,260
VIII-3 Investment incomeRelated to mission $11 · Unrelated business $4$15
VIII-12 Total revenueRelated to mission $187,271 · Unrelated business $4$295,099
Part IX · Statement of functional expenses $293,977 across 30 lines filed
IX-1 Grants to domestic organizationsPrograms $500$500
IX-2 Grants to domestic individualsPrograms $1,000$1,000
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for membersPrograms $6,786$6,786
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $57,942$57,942
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $5,328$5,328
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $7,053$7,053
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotionPrograms $2,406$2,406
IX-13 Office expensesManagement $6,071$6,071
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $44,365$44,365
IX-17 TravelPrograms $109$109
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $340$340
IX-20 InterestPrograms $741$741
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationManagement $2,632$2,632
IX-23 InsurancePrograms $16,304$16,304
IX-24 Other expenses (24a–d)Programs $137,463 · Management $4,937$142,400
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $273,284 · Management $20,693$293,977
Part X · Balance sheet $94,812 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $31,951$42,715
X-2 Savings and temporary cash investmentsStart of year $12,529$4,838
X-10c Land, buildings and equipment, netStart of year $364,336$47,259
X-16 Total assetsStart of year $408,816$94,812
X-24 Unsecured notes and loans payableStart of year $22,767$22,794
X-25 Other liabilitiesStart of year $3,082$5,006
X-26 Total liabilitiesStart of year $25,849$27,800
X-32 Total net assets or fund balancesStart of year $382,967$67,012
X-33 Total liabilities and net assetsStart of year $408,816$94,812
Part XI · Reconciliation of net assets $67,012 net assets at year end
XI-1 Total revenue$295,099
XI-2 Total expenses$293,977
XI-3 Revenue less expenses$1,122
XI-4 Net assets at start of year$382,967
XI-9 Other changes in net assets−$317,077
XI-10 Net assets at end of year$67,012

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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