Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Saturday, September 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

    Jefferies identifies three scenarios that could drive gold above $5,000 By Investing.com

    September 5, 2026
    Investing

    Global macro outlook: Hormuz, Fed hike odds, and the bond rout — week of September 4, 2026 By Investing.com

    September 4, 2026
    Investing

    Fed’s Hammack says time to act on inflation By Investing.com

    September 4, 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
    Commodities

    Commodities Poised To Rally As Interest Rates Set To Decline: Goldman

    April 1, 2024
    Bitcoin

    Bitcoin holds steady despite strong US labour market

    February 11, 2026
    Utilities

    How Energy Utilities Can Become Data Orchestrators

    June 10, 2026
    What's Hot

    Bitwise CIO Matt Hougan Says Institutions Still Coming to Crypto, Calls Bitcoin ETFs Big Tents for Investors

    August 19, 2024

    Bitcoin Surge Kicks Off Right-Hand Base

    August 25, 2026

    Buy the dip in these bitcoin mining stocks, Cantor Fitzgerald says

    August 6, 2024
    Most Popular

    US Bitcoin ETFs Extend 9 Day Winning Streak Amid Surging Demand

    July 18, 2024

    Flight to Quality as Treasury Yields Fall and Investors Flee Stocks

    March 2, 2026

    Bitcoin Sentiment Returns To Neutral After 10% Market Drop

    August 20, 2025
    Editor's Picks

    Bitcoin News Today: BTC Drops Below Mining Cost Ahead of CPI and Rising Inflation

    June 10, 2026

    La Mobilière envisage d’entrer à la Bourse suisse

    April 7, 2025

    London shares edge lower as mining, bank stocks weigh

    June 3, 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.