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Nonprofit · EIN 35-6076969

SPEEDWAY POST 500 INC

Also known as AMERICAN LEGION

Tax-exempt · SPEEDWAY, IN 46224

Financials

$1.5M$1.3M2023$1.8M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of SPEEDWAY POST 500 INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,793,121$1,559,128$233,993$1,247,026$96,171$1,150,855
December 31, 2023990$1,483,509$1,349,095$134,414$1,011,501$94,639$916,862
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$15,095
Membership dues
$15,095
Program service revenue
$1,778,026
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$51,080
Benefits paid to members
$10,610
Other salaries and wages
$293,809
Salaries, compensation and benefits (total)
$322,173
Professional fundraising fees
$0
Legal fees
$3,085
Accounting fees
$5,832
Occupancy
$116,595
Depreciation
$7,969
Program services (functional)
$1,472,681
Management and general (functional)
$86,447

Balance sheet and other

Total assets, start of year
$1,011,501
Total assets, end of year
$1,247,026
Total liabilities, end of year
$96,171
Net assets, end of year
$1,150,855
Land, buildings and equipment
$111,959
Net assets without donor restrictions
$1,150,855
Gross receipts
$1,793,121
Employees
18
Year formed
1946
State of legal domicile
IN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JOHNETTE LAWSON1ST VICE & ADJUTANT
Officer
5$0
STEVE SABO2ND VICE
Officer
5$0
TRISHA STOLEADJUTANT
Officer
5$0
JOEY JOYCESERGEANT AT ARMS
Officer
5$0
JIM KITECHAPLAIN
Officer
5$0
MIKE FLOREKTRUSTEE
Officer
5$0
ROCHELLE DUNBARSERVICE OFFICER
Officer
5$0
STEVEN TANSELCOMMANDER
Officer
5$0
KELLEY LOWRYMANAGER
Key employee
40$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
MIKE FLOREKTRUSTEE
Officer
5$0
JIM KITECHAPLAIN
Officer
5$0
STEVEN TANSELCOMMANDER
Officer
5$0
ROCHELLE DUNBARSERVICE OFFICER
Officer
5$0
STEVE SABO2ND VICE
Officer
5$0
JOHNETTE LAWSON1ST VICE
Officer
5$0
JOEY JOYCESERGEANT AT ARMS
Officer
5$0
TRISHA STOLEADJUTANT
Officer
5$0

Address and contacts

Address (IRS master file)
1926 GEORGETOWN RD, SPEEDWAY, IN 46224-5725
In care of
% KELLEY LOWRY
Signed the 990
KELLEY LOWRY, MANAGER
Phone
(317) 244-9625
Return prepared by
Clark and DeaKyne LLC

Mission

PERPETUATE THE IDEALS OF THE AMERICAN LEGION, INCLUDING UPHOLDING AND DEFENDING THE CONSTITUTION OF THE UNITED STATES OF AMERCIA, MAINTAINING LAW AND ORDER, FOSTERING AMERICANISM, AND DEVELOPING A SENSE OF OBLIGATION TO THE COMMUNITY, STATE AND NATION

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDES AN ENVIRONMENT OF CAMARADERIE AND PATRIOTISM FOR ITS MEMBERSHIP
    Expenses $1,472,681 · revenue $1,793,121

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
35-6076969
Tax-exempt status
501(c)(19): Veterans' organization
Exempt since
1946
Accounting year ends
December
Files
Form 990 or 990-EZ
Group exemption
0925: AMERICAN LEGION
Assets (IRS master file)
$1,247,026
Income (IRS master file)
$1,793,121

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,793,121$1,559,128$1,247,026IRS
990December 2023$1,483,509$1,349,095$1,011,501XML
990December 2022$1,191,591$1,057,140$865,505IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-6076969).

Questions about SPEEDWAY POST 500 INC

What is the EIN of SPEEDWAY POST 500 INC?
The employer identification number (EIN) of SPEEDWAY POST 500 INC is 35-6076969.
Is SPEEDWAY POST 500 INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(19) since 1946.
Which annual return does SPEEDWAY POST 500 INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SPEEDWAY POST 500 INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SPEEDWAY POST 500 INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of SPEEDWAY POST 500 INC?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does SPEEDWAY POST 500 INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,793,121, expenses of $1,559,128 and total assets of $1,247,026 at year end.

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