Malibu Mirage Owners & Pilots Association Inc
- Assets
- $740.6k
- Revenue
- $770.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Wichita, KS
- Founding
- 12/1995
- Data as of
- 12/2021
- EIN
- 22-3352499
Organization Overview
Malibu Mirage Owners & Pilots Association Inc is located in Wichita, KS. The organization was established in 1995. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Malibu Mirage Owners & Pilots Association Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Malibu Mirage Owners & Pilots Association Inc generated $770.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $874.9k during the year ending 12/2021. While expenses have increased by 11.6% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
DISSEMINATION OF SAFETY & TECHNICAL INFORMATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONVENTION HELD FOR BENEFIT OF MEMBERS. SEMINAR COVERS SAFE USE OF MALIBU/MIRAGE AIRCRAFT AND BEST MAINTENANCE OF SAME.
PUBLICATION OF A GENERAL INFORMATION ON SAFETY & MAINTENANCE OF MALIBU/MIRAGE AIRCRAFT (MAILED TO EACH MEMBER). PUBLICATION OF SAFETY BULLETINS & SAFETY REVIEWS ON BEHALF OF THE MEMBERS OF THE MALIBU/MIRAGE OWNERS & PILOTS ASSOCIATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dianne White Executive Di | Trustee | 40 | $80,000 |
Ryan Oltman President | OfficerTrustee | 2 | $0 |
John Granmayeh Director | Trustee | 2 | $0 |
John Walters Director | Trustee | 2 | $0 |
Jonathan Sisk Director | Trustee | 2 | $0 |
Dave Bennett Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $769,965 |
| Investment income | $940 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $770,905 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $80,000 |
| Compensation of current officers, directors, key employees. | $45,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,515 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,678 |
| Office expenses | $25,702 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,947 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $622,387 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,011 |
| All other expenses | $0 |
| Total functional expenses | $874,927 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,883 |
| Savings and temporary cash investments | $679,793 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,000 |
| Net Land, buildings, and equipment | $20,900 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,063 |
| Total assets | $740,639 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $347 |
| Total liabilities | $347 |
| Net assets without donor restrictions | $740,292 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $740,639 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Highlands Ranch Community Assoc Highlands Ranch, CO | $57,363,185 | $26,636,063 |
Ken-Caryl Ranch Master Association Littleton, CO | $4,631,765 | $4,101,686 |
Baca Grande Property Owners Association Crestone, CO | $2,833,644 | $2,042,205 |
Carr Square Tenant Corporation Saint Louis, MO | $3,519,634 | $1,262,069 |
Falconhead Property Owners Assn Inc Burneyville, OK | $1,958,922 | $2,396,441 |
Lake Winnebago Home Owners Association Lake Winnebago, MO | $7,105,548 | $1,164,558 |
Denver Building Owners & Managers Assoc Denver, CO | $1,976,275 | $1,237,939 |
Malibu Mirage Owners & Pilots Association Inc Wichita, KS | $740,639 | $770,905 |
Redhill Forest Property Owners Mutual Water And Cattle Assn Thornton, CO | $6,421,162 | $841,712 |
Pinery Homeowners Association Parker, CO | $1,020,129 | $797,798 |
Sdsi Housing Corporation Inc Garden City, KS | $1,484,488 | $669,057 |
Home Builders Assn Of Lincoln Lincoln, NE | $1,482,961 | $661,956 |