Wings Flying Club Inc
- Assets
- $233.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- South Bend, IN
- Founding
- Data as of
- 12/2021
- EIN
- 27-3463927
Organization Overview
Wings Flying Club Inc is located in South Bend, IN.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
WINGS FLYING CLUB INC IS A SOCIAL CLUB THAT OWNS TWO AIRCRAFT WHICH MEMBERS CAN RENT THROUGHOUT THE YEAR. MEMBERS MAY ALREADY HAVE A PILOT CERTIFICATE OR MAY BE A STUDENT WORKING WITH AN INSTRUCTOR TOWARDS THEIR CERTIFICATE. MEMBERS RENTING AIRCRAFT PAY AN HOURLY RATE AS WELL AS A MONTHLY DUE. MEMBERSHIP RANGES FROM 55 TO 70 PERSONS AT ANY GIVEN TIME OVER THE COURSE OF THE YEAR. IN 2021 MEMBERS FLEW A COMBINED 1055 HOURS AS PART OF THE CLUB.
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Board, Officers & Key Employees
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $124,663 |
| Membership dues | $40,310 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $164,974 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,080 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $4,999 |
| Printing, publications, postage, and shipping | $961 |
| Other expenses | $132,319 |
| Total expenses | $139,359 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,511 |
| Other assets | $0 |
| Total assets | $233,511 |
| Total liabilities | $0 |
| Net assets or fund balances | $233,511 |
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