Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Friday, April 24
    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

    Bank of England Likely to Keep Rates on Hold as Markets Ramp Up Hike Bets

    April 24, 2026
    Investing

    European natural gas prices rise as Mideast tensions weigh on supplies By Investing.com

    April 24, 2026
    Investing

    Government Debt: Not What the Doom Crowd Thinks It Is

    April 24, 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
    Bitcoin

    Bitcoin Suddenly Braced For A Massive Price Shock

    March 1, 2026
    Stock Market

    Stock Market LIVE: Sensex tanks 1,100 points; Nifty below 23,900; IT, pharma weigh; Brent above $106 | Markets News

    April 24, 2026
    Commodities

    Zhejiang China Commodities City Group lève 1 milliard de yuans grâce à une émission d’obligations à court terme -Le 21 février 2025 à 10:17

    February 21, 2025
    What's Hot

    Property Solvers: mean of 19.32 weeks to sell in St Helens

    March 31, 2025

    Trump family-backed American Bitcoin to trade on Nasdaq as crypto investors sign on

    August 28, 2025

    Britain gilt sales set for £69 bln drop next fiscal year, BofA says By Investing.com

    February 25, 2026
    Most Popular

    Did Gregg Twp. — missing $532K in taxpayer dollars — have financial safeguards? Officials won’t say. | News, Sports, Jobs

    August 16, 2024

    Budget 2024: Housing finance company stocks rise as FM reiterates focus on affordable housing

    July 23, 2024

    Chesapeake Utilities grows across Delaware region— and beyond

    July 15, 2024
    Editor's Picks

    ‘Every building sits on a thermal asset’: how networked geothermal power could change cities | Geothermal energy

    August 9, 2024

    These bitcoin-linked stocks are doing better than BTC: Crypto Daybook Americas

    February 25, 2026

    Airbnb falls in the stock market. How does this affect the US real estate market?

    August 8, 2024
    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.