Grasshopper Flying Club Inc
- Assets
- $334.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Poughkeepsie, NY
- Founding
- 12/1976
- Data as of
- 12/2023
- EIN
- 14-1577792
Organization Overview
Grasshopper Flying Club Inc is located in Poughkeepsie, NY. The organization was established in 1976. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grasshopper Flying Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Grasshopper Flying Club Inc generated $108.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $222.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ADVANCE PILOT SAFETY AND SKILLS IN AVIATION THROUGH THE OWNERSHIP AND MAINTENANCE OF AIRCRAFT TO FAA STANDARDS BY SHARING OWNERSHIP IN THE GRASSHOPPER FLYING CLUB. THE NUMBER OF MEMBERS VARIES FROM YEAR TO YEAR BUT CONSISTED OF 58 PILOTS FOR MOST OF THIS YEAR. THE CLUB OWNS AND OPERATES THREE OLDER MODEL CESSNA 172 AIRCRAFT FOR THE USE OF ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Greenage President | 7 | $0 | |
Mark Zych Vice-President | 2 | $0 | |
Mark Nelson Secretary | 2 | $0 | |
William Kevin Kelley Treasurer | 7 | $0 | |
Ronald Cook Maintenance Officer | 2 | $0 | |
Jeffrey Bulson Avionics Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $51,364 |
| Membership dues | $56,830 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $108,206 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $217,745 |
| Printing, publications, postage, and shipping | $3,615 |
| Other expenses | $779 |
| Total expenses | $222,139 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,768 |
| Other assets | $0 |
| Total assets | $334,768 |
| Total liabilities | $115,671 |
| Net assets or fund balances | $219,097 |