American Legion Post 200 - Wallis

“American legion post 200 - wallis only has members which are deemed eligible to be members by the national american legion organization. The members have the right to vote on or hold any office of the post & vote on any & all business decisions at the regular meetings.”

“American legion post 200 - wallis additional membership has to qualify and be approved as eliglble by the national american legion organization and then voted on membership by the members.”

“The governing body of american legion post 200 - wallis consists of its officers and board of directors and all decisions are voted on by all the members through the established voting procedures.”

“The review of the annual form 990 or 990ez and 990t is reviewed by the financial officers before filing of the returns and any officer, director and member who requests to review the documents.”

“The governing documents are available to the public as directed by the national american legion organization.”

“Program service revenue is gross rental income from the rental of the american legion post 200 hall to the public for various purposes. This tax exempt function of the american legion came from the investment that was made in our hall to be able to raise money for our tax exempt purpose rather than producing income. The building is a non-financed asset and the rent charged is never dependent in whole or part of the net income or profits derived by any person who rents the building. Our gaming income is derived from tax exempt regular bingo open to the public and pull tab and instant bingo is recorded on our 990-t and the appropriate tax paid. Fundraising is various ways to raise moneys needed to carry out our tax exempt functions such as providing scholarships for higher education, providing monetary assistance to those in need, provide funds to various charitable organizations such as churches, police department, etc. And recognize local graduates. Our grants and similar amounts paid consist of what our exempt purpose is to provide such as recognition of our local graduates, fund expenses for texas boys' state government day, scholarships for higher education and pay the dues for our members as to the american legion department of texas as required. Our other expenses as per the attached schedule is for the general operations of our post such as conventions, general post supplies, office expenses, postage, meals and supplies for our post meetings and any other costs that we might incur. Other assets listed on our balance sheet at the end of the current year consist of the snacks and beverages on hand inventory. Our officers and directors positions are non-compensated positions and the hours devoted to these postions vary according to what needs to be accomplished. There are no expense accounts maintained, just reimbursements as necessary corresponding to the receipts submitted. All assets are depreciated using the straight-line and macrs methods.”

“Gifts and contributions to charity as well as various scholarships to deserving and needy recipients.”