43rd Aviation Flying Club Inc
- Assets
- $322.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wethersfield, CT
- Founding
- Data as of
- 12/2022
- EIN
- 30-0412346
Organization Overview
43rd Aviation Flying Club Inc is located in Wethersfield, CT. 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. 43rd Aviation 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 12/2022, 43rd Aviation Flying Club Inc generated $185.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 21.0% each year . All expenses for the organization totaled $128.9k during the year ending 12/2022. While expenses have increased by 4.6% per year over the past 3 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
PROVIDING AN AFFORDABLE ALTERNATIVE TO ENJOY THE COST PROHIBITIVE HOBBY OF GENERAL AVIATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Maulucci Vp/secretary | 1 | $0 | |
Scott Mcrae President | 1 | $0 | |
Frank Campanelli Marketing Officer | 1 | $0 | |
Jacob Oliano Treasurer | 1 | $0 | |
Richard Mindek Director | 1 | $0 | |
Arnold Goldman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $111,974 |
| Membership dues | $73,087 |
| Investment income | $13 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $185,074 |
| 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 | $2,780 |
| Printing, publications, postage, and shipping | $807 |
| Other expenses | $125,344 |
| Total expenses | $128,931 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $178,822 |
| Other assets | $0 |
| Total assets | $321,981 |
| Total liabilities | $70,169 |
| Net assets or fund balances | $251,812 |