Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Thursday, May 7
    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

    Gold Pushes Above Resistance as Markets Position for Payrolls

    May 7, 2026
    Investing

    8 Stocks Yet to Join the Rally With Upside Potential of Up to 85%

    May 7, 2026
    Investing

    Markets Trade a Peace Dividend While AI Builds a Debt Fueled Empire

    May 6, 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
    Stock Market

    When will the stock market stop falling? Look out for these signs… – Market News

    February 12, 2025
    Investing

    UK sanctions target Russian drone production and migrant trafficking networks By Investing.com

    May 5, 2026
    Property

    Turnkey Property Investment: Benefits, Revenue Generation, and Management

    February 15, 2023
    What's Hot

    ‘Digitizing The Dollar’—BlackRock CEO Reveals His Radical Plan For AI-Powered Crypto That’s Predicted To Blow Up The Price Of Bitcoin And Ethereum

    October 13, 2024

    5 concepts clés que tout le monde devrait maîtriser –

    February 11, 2025

    Which Is the Better Hedge Asset in 2025?

    August 31, 2025
    Most Popular

    La ministre du Travail Astrid Panosyan-Bouvet déplore un modèle social financé “de manière anormalement élevée par le travail”

    May 16, 2025

    KFC Doubles Down on UK Growth with £1.5 Billion Property Investment

    May 28, 2025

    Bullish And Bearish Arguments Explained

    July 20, 2024
    Editor's Picks

    US Treasuries Turn Tail and Dive for Safety

    February 5, 2026

    March Opens Down Hard as Dip Buyers Step In and Volatility Surges

    March 2, 2026

    Stock Market Today, April 20: Nokia Rises Ahead of Q1 Earnings on Strength in AI Networking Demand

    April 20, 2026
    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.