HOME ASSOCIATION DEXTER POST 557 OF THE AMERICAN LEGION INC

EIN: 381325212 Public & Societal Benefit

DEXTER, MI

Total Revenue
$180,179
Total Expenses
$167,098
Total Assets
$66,266
Net Assets
$66,266
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1946
Legal Domicile
MI
Principal Officer
ERIC BRIGGS
Phone
7344264511
Tax Period
2024-07-01 to 2025-06-30

HOME ASSOCIATION DEXTER POST 557 OF THE AMERICAN LEGION INC, founded in 1946, is a small nonprofit in the Public & Societal Benefit sector that reported $180K in total revenue in fiscal year 2024. Expenses of $167K left a modest 7% surplus.

Mission

THE AMERICAN LEGION HOME ASSOCIATION IS THE BUSINESS ENTITY OF AMERICAN LEGION POST 557. THE HOME ASSOCIATION WAS ESTABLISHED TO (1) MAINTAIN AND OPERATE THE AMERICAN LEGION FACILITY AND GROUNDS AND (2) GENERATE REVENUE TO SUPPORT THE VETERANS AND COMMUNITY PROGRAMS FOR WHICH THE AMERICAN LEGION POST 557 IS ACTIVE IN. ACTIVITIES AND OPERATIONS INCLUDE: 1) BAR OPERATIONS (40%) A. INVOLVES HANDLING AND SERVING OF ALCOHOLIC AND NON-ALCOHOLIC DRINKS, FOOD SERVICE, AND CUSTOMER SATISFACTION. ALSO INCLUDES INVENTORY MONITORING, PROCUREMENT OF DRINKS AND FOOD, BARTENDER HIRING AND MANAGEMENT, DAILY CASH REGISTER CHECKOUT AND RECONCILIATION WITH SALES RECEIPTS, AND CLEANING OF THE BAR AREA. PROVIDES REVENUES TO SUPPORT BUILDING MAINTENANCE AND REPAIR AND AMERICAN LEGION CHARITABLE OPERATIONS B. ACTIVITY WAS INITIATED IN 1949 C. THE ACTIVITY WILL BE CONDUCTED AT AMERICAN LEGION POST 557 AND IS DIRECTED BY THE HOME ASSOCIATION BOARD OF DIRECTORS. 2) CHARITABLE EVENTS ACTIVITIES (30%) A. ACTIVITY

Program Service Accomplishments

Program 1

BAR OPERATIONS (40%) INVOLVES HANDLING AND SERVING OF ALCOHOLIC AND NON-ALCOHOLIC DRINKS, FOOD SERVICE, AND CUSTOMER SATISFACTION. ALSO INCLUDES INVENTORY MONITORING, PROCUREMENT OF DRINKS AND FOOD...

Read more

BAR OPERATIONS (40%) INVOLVES HANDLING AND SERVING OF ALCOHOLIC AND NON-ALCOHOLIC DRINKS, FOOD SERVICE, AND CUSTOMER SATISFACTION. ALSO INCLUDES INVENTORY MONITORING, PROCUREMENT OF DRINKS AND FOOD, BARTENDER HIRING AND MANAGEMENT, DAILY CASH REGISTER CHECKOUT AND RECONCILIATION WITH SALES RECEIPTS, AND CLEANING OF THE BAR AREA. PROVIDES REVENUES TO SUPPORT BUILDING MAINTENANCE AND REPAIR AND AMERICAN LEGION CHARITABLE OPERATIONS. ADOPTED BY THE BOARD OF DIRECTORS ON 6/20/19. NOTE: WE HAVE DESIGNATED THESE EXEMPT PURPOSE ACCOMPLISHMENTS FOR THE ORGANIZATION AS REDONE FOR FISCAL YEAR 20/21 AND FORM 1024. NOT ALL EXPENSES SHOWN ON THE RETURN ARE CATEGORIZED INTO THESE CATEGORIES AS EFFECTIVELY AS THEY WILL BE IN FY20/21 BECAUSE THE CHART OF ACCOUNTS WERE REDONE AT THE END OF FY19/20 TO BETTER ENSURE PROPER CLASSIFICATION INTO THESE CATEGORIES.

Program 2

CHARITABLE EVENTS ACTIVITIES (30%) ACTIVITY WHICH RAISES MONEY TO SUPPORT AMERICAN LEGION CHARITABLE OPERATIONS AND RAISE PUBLIC AWARENESS OF AMERICAN LEGION VETERANS PROGRAMS. ADOPTED BY THE BOARD...

Read more

CHARITABLE EVENTS ACTIVITIES (30%) ACTIVITY WHICH RAISES MONEY TO SUPPORT AMERICAN LEGION CHARITABLE OPERATIONS AND RAISE PUBLIC AWARENESS OF AMERICAN LEGION VETERANS PROGRAMS. ADOPTED BY THE BOARD OF DIRECTORS ON 6/20/19. NOTE: WE HAVE DESIGNATED THESE EXEMPT PURPOSE ACCOMPLISHMENTS FOR THE ORGANIZATION AS REDONE FOR FISCAL YEAR 20/21 AND FORM 1024. NOT ALL EXPENSES SHOWN ON THE RETURN ARE CATEGORIZED INTO THESE CATEGORIES AS EFFECTIVELY AS THEY WILL BE IN FY20/21 BECAUSE THE CHART OF ACCOUNTS WERE REDONE AT THE END OF FY19/20 TO BETTER ENSURE PROPER CLASSIFICATION INTO THESE CATEGORIES.

Program 3

BUILDING AND GROUNDS MAINTENANCE AND REPAIR OPERATIONS (25%) ACTIVITY INCLUDES DAY-TO-DAY REPAIRS, BREAK/FIX MAINTENANCE, AND ANNUAL PREVENTATIVE MAINTENANCE OF THE AMERICAN LEGION BUILDING. AREAS OF...

Read more

BUILDING AND GROUNDS MAINTENANCE AND REPAIR OPERATIONS (25%) ACTIVITY INCLUDES DAY-TO-DAY REPAIRS, BREAK/FIX MAINTENANCE, AND ANNUAL PREVENTATIVE MAINTENANCE OF THE AMERICAN LEGION BUILDING. AREAS OF BUILDING MAINTENANCE INCLUDE HEATING VENTILATION AND AIR CONDITIONING (HVAC), ELECTRICAL, STRUCTURAL, PLUMBING AND PIPING SYSTEMS, FIRE AND SAFETY EQUIPMENT, PAINTING, AND SMALL EQUIPMENT REPAIR/REPLACEMENT. ACTIVITY MAINTAINS THE AMERICAN LEGION BUILDING AND THEREFORE AMERICAN LEGION CHARITABLE OPERATIONS CONDUCTED IN THE BUILDING. ENSURES THAT THE GROUNDS ON WHICH THE AMERICAN LEGION BUILDING SITS ARE ATTRACTIVE, ORDERLY, AND HEALTHY. SPECIFIC ACTIVITIES INCLUDE MOWING, EDGING, FERTILIZATION, MULCHING, AND REPAIR AND MAINTENANCE FOR THE PARKING LOT, OUTDOOR LIGHTING, AND PAVILION. MAINTAINS THE AMERICAN LEGION GROUNDS, PROVIDING A PLEASANT ENVIRONMENT FOR ITS MEMBERS. ADOPTED BY THE BOARD OF DIRECTORS ON 6/20/19. NOTE: WE HAVE DESIGNATED THESE EXEMPT PURPOSE ACCOMPLISHMENTS FOR THE ORGANIZATION AS REDONE FOR FISCAL YEAR 20/21 AND FORM 1024. NOT ALL EXPENSES SHOWN ON THE RETURN ARE CATEGORIZED INTO THESE CATEGORIES AS EFFECTIVELY AS THEY WILL BE IN FY20/21 BECAUSE THE CHART OF ACCOUNTS WERE REDONE AT THE END OF FY19/20 TO BETTER ENSURE PROPER CLASSIFICATION INTO THESE CATEGORIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $21,184
Program Service Revenue $145,882
Investment Income $0
Other Revenue $13,113
TOTAL REVENUE $180,179

Expense Breakdown

Grants Paid $436
Salaries & Benefits $40,365
Fundraising Expenses $0
Other Expenses $126,297
TOTAL EXPENSES $167,098

Year-over-Year Comparison

2024 2023 Change
Revenue $180,179 N/A N/A
Expenses $167,098 N/A N/A
Net Income $13,081 N/A N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
8
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ABBY BRIGGS SECRETARY, A N/A
Officer Director
$0 $0 $0
ERIC BRIGGS PRESIDENT N/A
Officer Director
$0 $0 $0
FRANK FIKE TRUSTEE&LEGI N/A
Director
$0 $0 $0
DAN HAGEN TRUSTEE N/A
Director
$0 $0 $0
CHRIS MAST TRUSTEE & SA N/A
Director
$0 $0 $0
JAMES POLACEK TREASURER N/A
Officer Director
$0 $0 $0
DOUG ROUSELL VICE PRESIDE N/A
Officer Director
$0 $0 $0
STEVE SEDGEMAN TRUSTEE N/A
Director
$0 $0 $0
LARRY STALKER LEGION EX OF N/A
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $180,179 $167,098 $66,266 $13,081
2022 $120,757 $132,879 $53,119 $-12,122
Explore More Nonprofits
→Top 100 Nonprofits in Michigan →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare HOME ASSOCIATION DEXTER POST 557 OF THE AMERICAN LEGION INC with other nonprofits in Michigan and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.