Monmouth Model Airplane Club Inc is located in Marlboro, NJ. The organization was established in 2020. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monmouth Model Airplane 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 12/2022, Monmouth Model Airplane Club Inc generated $2.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $2.3k during the year ending 12/2022. While expenses have increased by 5.2% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
WECOLLECTDUESFROMEACHMEMBEROFTHECLUB.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jason Potopsky Club President | 2 | $0 | |
Al Panzera Club Vice President | 1 | $0 | |
Adam Godaire Secretary | 1 | $0 | |
Frank Larocca Club Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $2,074 |
Investment income | $39 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $2,113 |
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 | $2,270 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $2,270 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $6,095 |
Other assets | $0 |
Total assets | $6,095 |
Total liabilities | $0 |
Net assets or fund balances | $6,095 |
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