American Legion National Post 339

“The Finance Officer presents to the Post Officers and members an annual budget for approval and formal acceptance into the Post's minutes. Monthly financial reports are presented to members and approved subject to audit. The Post completes and independent audit and review of the Post's financial records annually.”

“The review and approval of the stipends for the Post's three officers and Boys and Girls State Coordinator is conducted as part of the annual budget and approval process. The monthly finance report presented to Post members documents stipends paid.”

“Governing documents and Financial Reports are maintained at the Post Finance Officer's (Bookkeeper) physical address. They are made available upon request. Approval of financial decisions, monthly reports, amendments to annual budget, audit reports and other such decisions are documented in the Post's monthly meeting minutes. Minutes of the prior meeting are read and approved at next subsequent meeting of the Post. Copies can be made available upon request.”

“Post 339 collects American Legion National Headquarters (ALNH) dues from members as part of the Post's annual dues collection. Payment of ALNH dues is required for members to be registered as American Legion Members. The ALNH portion of dues collected is remitted electronically to ALNH often in advance of dues checks being deposited to Post 339's checking account. Because of Dues increases by ALNH, the amount remitted to ALNH for the last FY exceeded the amount collected by $204.”

“The Post Commander has opted to waive stipend for his service. 1099 Forms are prepared and submitted for the Post Adjutant ($2,400 annual). and Boys and Girls State Coordinator ($1,200 annual) for services. Financial services are paid to W.B. Britt, Inc. (S-corporation) ($2,400 annual)”

“Program Grants made to Civic or Service Organizations in support of Veterans or Community. These include: 1.Turning Pont Foundation $10,000 2. Veterans Home of CA $2,000 3. Boys and Girls State CA $12,110 4. Gold Coast Veterans Foundation $10,000 5. Honor Flight $2,500 6.Ventura PD K-9 Unit $2,000 7. Valor Healing Farms $2,000 8. Ventura College Foundation $10,000 9. Combat Vets Motorcycle Assn. $500 Total $51,110”

“Post 339 Finance Officer prepares and presents a proposed budget to the Post members at the beginning of the financial year. Monthly reports are presented to and approved by Post members documenting expenditures versus budget and all monthly transactions. A year-end report summarizes the monthly reports. An internal audit is conducted yearly in accordance with Post Bylaws and American Legion Guidelines.”