Aero Fliers Inc
- Assets
- $412.7k
- Revenue
- $286.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Akron, OH
- Founding
- 02/2018
- Data as of
- 12/2023
- EIN
- 34-6525983
Organization Overview
Aero Fliers Inc is located in Akron, OH. The organization was established in 2018. 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. Aero Fliers 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, Aero Fliers Inc generated $286.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $201.0k during the year ending 12/2023. While expenses have increased by 8.1% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF AERO FLIERS, INC. IS TO PROVIDE ITS MEMBERS THE MEANS OF OBTAINING EDUCATIONAL AND PROFICIENCY FLYING TIME BASED ON FOUR MAJOR CONCEPTS: -SAFE OPERATION -LOW COST INCLUDING INITIAL ?MEMBERSHIP FEE, PER HOUR FLYING RATE, GROWTH AND IMPROVEMENT COSTS. -MAXIMIZE FLYING TIME AVAILABILITY PER MEMBER INCLUDING SCHEDULE FLEXIBILITY. -EQUIPMENT QUALITY, QUANTITY AND VERSATILITY BASED UPON CLUB MEMBERSHIP AND FINANCIAL GROWTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR OVER 70 YEARS, AERO FLIERS HAS BEEN THE PREMIER FLYING CLUB IN NORTHEAST, OHIO. BASED AT THE AKRON FULTON AIRPORT (AKR), OUR HANGAR IS LOCATED AT THE NORTH END OF THE FIELD OFF OF MUNICIPAL SERVICE CENTER ROAD NEAR THE AIRPORT'S FIXED BASED OPERATOR, (FBO). YOU CAN FIND US ON AOPA CLUB FINDER. WE ARE A NON-PROFIT CLUB WITH 501 (C)7 STATUS. AERO FLIERS OWNS A CESSNA 172 SKYHAWK, A CESSNA 182 SKYLANE AND A BEECHCRAFT DEBONAIR. ALL THREE ARE IFR CERTIFIED AND EQUIPPED WITH APPROACH-CERTIFIED GPS. THEY ARE ALL ADS-B CERTIFIED. THEY ARE PROTECTED BY HANGARS IN OUR BUILDING AND SCHEDULED THROUGH AN ONLINE SYSTEM.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Bottger Treasurer | OfficerTrustee | 3 | $0 |
Cory Dibona Secretary | OfficerTrustee | 2 | $0 |
Len Dyko President | OfficerTrustee | 5 | $0 |
Gordon Harwell Chief Safety | Trustee | 2 | $0 |
Ned Parks Vice Preside | OfficerTrustee | 2 | $0 |
Phil Rodopoulos Aircraft Mai | OfficerTrustee | 5 | $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 | $194,382 |
| Investment income | $2,221 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $90,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $286,917 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $0 |
| Fees for services: Accounting | $1,915 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,867 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,066 |
| Insurance | $30,193 |
| All other expenses | $10,252 |
| Total functional expenses | $201,041 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,153 |
| Savings and temporary cash investments | $133,720 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $650 |
| 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 | $0 |
| Net Land, buildings, and equipment | $85,725 |
| Investments—publicly traded securities | $112,500 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $412,748 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $66,135 |
| 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 | $0 |
| Total liabilities | $66,135 |
| Net assets without donor restrictions | $346,613 |
| 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 | $412,748 |