Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Sunday, April 5
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Investing»American Legion Post 1 resets, investing in new opportunities
    Investing

    American Legion Post 1 resets, investing in new opportunities

    August 8, 20243 Mins Read


    TULSA, Okla — After years of financial hardships and membership decline the American Legion Post 1 said it’s writing a new chapter in its story.

    With the purchase of an investment property, they look to add funding to offer more programming and resources for Oklahoma veterans.

    The new property is located on 6th St. between Peoria and Kenosha Ave.

    Closing the sale in early August, Post 1 is renting out the various business spaces to add to funds for the nonprofit.

    Post 1 Adjutant Allen Usry said it’s a step to get back on track after selling their old building.

    That sale caused some controversy among the legion’s members. Due to its quick and seemingly behind-closed-door nature, many members suspected that the post was closing its doors for good.

    Usry said the cost of monthly maintenance for a nearly 100-year-old building was too great.
    “We’re nearing the life of this building and so the building was donated to us in 1927 now we are going to get a building that will house us for the next 100 years,” said Usry.

    So, to get a new building they needed to make a financial plan. A part of that plan was identifying ways to retain money.

    “Because we sold the building we have the funds to kind of step back and try to create a financial plan to give us financial security for the next 100 years,” said Usry.

    He said the post was spending about $8,000 a month maintaining the 100-year-old building.

    Since the sale to Family and Children’s Services, the post was allowed to stay in the building for 18 months at no cost.
    They have about eight months left in that deal. With the new property, it will bring in about $10,000 a month in rent.

    This will help the post get a new building of their own.

    “We’re hoping to get a building that we can call home for another 100 years. But there will be pieces of this building that move with us,” said Usry.

    Ursy said the sale of the historic building lost the trust of some members.

    Now the legion is working hard to get them back.

    “It’s just kind of step by step to rebuild that trust and show people that we are going to be a positive force within the community,” said Usry.

    So far after changing leadership and reevaluating their mission Post 1 saw an increase in membership and social media followers.

    All to be a beneficial force in the Tulsa community.

    “I hate to say we are searching for members we are really just trying to be deserving of members,” Usry said.

    While the legion will be leaving its old building in the next year, it’s hoped this will launch even more success.


    Stay in touch with us anytime, anywhere —





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleFormer Metairie Haynes property won’t sell for now | Jefferson Parish
    Next Article Greenlight and Google Team on Fitbit-Focused Financial Education

    Related Posts

    Investing

    Bitcoin slips amid Iran de-escalation uncertainty; analyst says BTC has bottomed By Investing.com

    April 2, 2026
    Investing

    GBP/USD, Gold Forecast: 2 Trades to Watch

    April 2, 2026
    Investing

    Is now the time to buy European defence? Morgan Stanley weighs in By Investing.com

    April 2, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Investing

    S&P 500: Tech-Led Rally Masks Weakness in Broader Sectors Ahead of Earnings Season

    September 25, 2025
    Utilities

    United Utilities maintient ses prévisions pour l’exercice 25 -Le 29 janvier 2025 à 08:31

    January 28, 2025
    Stock Market

    Latest Market News Today Live Updates October 21, 2024: Indian stock market: 8 key things that changed for market over weekend- Gift Nifty, China lending rate cut to gold price

    October 21, 2024
    What's Hot

    Les unités d’assurance de China Pacific enregistrent une hausse de leurs revenus de primes au premier trimestre

    April 11, 2025

    Indonesia’s online monitoring system now covers nickel, tin commodities

    July 23, 2024

    Gold extends biggest fall in over a decade, rattling Asia stock markets

    February 2, 2026
    Most Popular

    Les résultats du quatrième trimestre de Capital One dépassent les estimations grâce à une croissance stable du chiffre d’affaires

    January 21, 2025

    Markets will become ‘a complete mess’ if this happens: Jefferies By Investing.com

    August 5, 2024

    Bitcoin Mining Giant Marathon Digital Buys $100,000,000 Worth of BTC, Announces New ‘Full HODL’ Strategy

    July 26, 2024
    Editor's Picks

    Wall Street sees gold nearing $3,000 after soaring more than 20% this year

    August 17, 2024

    China Demonstrates High Cost Of Trumpian Uncertainty

    May 20, 2025

    Nasdaq falls 4%, Dow loses 900 points, S&P 500 drops 3% as markets crumble with Trump’s tariff war turning to China

    April 10, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.