American Legion Post 56 Leo Carey

Foundation · Grantmaker Albert Lea, MN EIN: 41-0627410

Veterans organization to serve the social and recreational needs of its members as well as the patriotic needs of the community. The organization serves approximately 500 members and a community of 19,000.

Key facts about American Legion Post 56 Leo Carey

In short: American Legion Post 56 Leo Carey reported $12K in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.

EIN
41-0627410
Latest 990 filing
Form 990, 2025
Grants paid (2025)
$12,460 — reported as a total on the IRS filing, without an itemized list
Total assets
$135,637

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$136K

+16.4% YoY

Grants Paid (reported total)

$12K

+379.2% YoY

Revenue

$218K

+10.1% YoY

Net Investment Income

—

About American Legion Post 56 Leo Carey

Based on IRS filings

American Legion Post 56 Leo Carey is a nonprofit organization, based in Albert Lea, MN. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $136K in total assets. In 2025, it reported $12K in grants paid as a total on its IRS filing, without an itemized list.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Albert Lea

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15KTotal only2021Total only20221 grants2023Total only2024Total only2025

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2025

Grant Size Distribution

1 grants across all recorded years

1<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K20212022202320242025
Metric202520242023
Total Assets$135,637$116,527$123,508
Revenue$218,222$198,164$197,539
Expenses$188,909$206,674$231,772
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS December 16, 2022)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS December 16, 2022)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS December 20, 2023)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS October 22, 2024)
  5. Added Form 990 for fiscal year 2025 (received by the IRS May 7, 2026)

Leadership & Key People

Officers and directors from IRS filings

American Legion Post 56 Leo Carey's 2025 filing lists 7 officers; none of the 7 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Les Shaunce

    Trustee

    On filings since 2021

    0.3 hrs/week

    No compensation reported

  • Sid Troutner

    Trustee

    On filings since 2023

    0.3 hrs/week

    No compensation reported

  • Don Godeke

    Trustee

    On filings since 2024

    0.3 hrs/week

    No compensation reported

  • Ole Olson

    Commander

    1st Vice Commander → Commander, 2022

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Tom Norby

    Adjunct

    Adjuant → Adjunct, 2023

    On filings since 2021

    0.3 hrs/week

    No compensation reported

  • Barbara Babb

    Finance Officer

    On filings since 2023

    1 hr/week

    No compensation reported

  • Paul Ragatz

    2nd Vice

    On filings since 2024

    0.3 hrs/week

    No compensation reported

Former officers (12)
  • Former: Kurt Freitag (2022–2024) — 1st Vice
  • Former: Steve Olson (2022–2024) — Trustee
  • Former: Jon Olson (2024) — Trustee
  • Former: Stephanie Lee (2024) — Trustee
  • Former: Arlyn Anderson (2021–2023) — Trustee
  • Former: Mark Gilbert (2022–2023) — Trustee
  • Former: Jim Hockinson (2021–2022) — 1st Vice Commander
  • Former: Albert Allen (2021) — Trustee
  • Former: Gary Anderson (2021) — Trustee
  • Former: Henry Carlson (2021) — Trustee
  • Former: Jeff Olson (2021) — Commander
  • Former: Troy Ranum (2021) — Trustee

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about American Legion Post 56 Leo Carey

How much does American Legion Post 56 Leo Carey give each year?

American Legion Post 56 Leo Carey reported $12K in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants. In 2024 it reported $3K in grants paid.

How large is American Legion Post 56 Leo Carey?

American Legion Post 56 Leo Carey reported $136K in total assets on its 2025 IRS Form 990. Its revenue that year was $218K.

Where does American Legion Post 56 Leo Carey operate?

American Legion Post 56 Leo Carey has awarded grants in Minnesota.

What is American Legion Post 56 Leo Carey's EIN?

American Legion Post 56 Leo Carey's EIN (Employer Identification Number) is 41-0627410. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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