American Legion Post 200 - Wallis

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

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

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

“The meetings of the governing body of american legion post 200 - wallis records the minutes of all meetings of the officers and board of directors, the business decisions that were voted on and the results of all voting of the governing body. These minutes are available to all members of american legion post 200 - wallis.”

“Any and all committee meetings maintain written records which are presented to the members of the american legion post 200 - wallis”

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

“The form 990 is available to the general public upon request as deemed by the national american legion organization”

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

“The primary purpose of the american legion post 200 - wallis is to be able through fundraising, special events,hall rentals, dues, donations and interest income to provide monetary assistance to organizations that promote the well-being and good moral upbringing of our young adults, provide assistance to those in need, provide avenues for the purpose of achieving higher education; and through all of these activities promote and preserve the memory and dedication of those men and women, regardless of race or religion, who gave their lives for our country, for democracy and for the freedom that we have today in our daily lives, promote peace and goodwill among the people of the united states and all nations on earth.x 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.x 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.x fundraising is various ways to raise moneys needed to carry out our tax exempt functions such as providing scholarships for higer education, providing monetary assistance to those in need, provide funds to various charitable organizations such as churches, police department, etc. And recognize our local graduates.x our grants and similar amount 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.x our other expenses as per the attached schedule is for the gemeral operations of our post such as conventions and conferences, general post supplies, office expenses, postage, meals and supples for our post meetings and any other costs that we might incur.x other assets listed on our balance sheet at the end of the current year consists of the snacks and beverages on hand inventory and prepaid federal income taxes.x other liabilities listed on our balance sheet at the end of the current year is the 5% prize fees withheld and paid in the month after our year end.x our officers and directors positions are non-compensated positions and the hours devoted to these positions vary according to what needs to be accomplished. There are no expense accounts maintained just reimbursements as necessary corresponding to the receipts submitted.x there was no sales of depreciable assets during the current year just removal from the books of the old carpet and it accumulated depreciation. All assets are depreciated using the straight-line method. The sale of land was .02 acre corner of property sold to the city of wallis with no basis declared since basis of land which came into possession in 1937 cannot be determined.x”