Mang Aero Club
- Assets
- $102.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Belleville, MI
- Founding
- 06/1969
- Data as of
- 12/2022
- EIN
- 38-1879162
Organization Overview
Mang Aero Club is located in Belleville, MI. The organization was established in 1969. 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. Mang Aero Club 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, Mang Aero Club generated $114.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $104.7k during the year ending 12/2022. While expenses have increased by 1.1% per year over the past 8 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leo Petretta Vice-Preside | 0 | $0 | |
Calvin Locklin President | 0 | $0 | |
Desiree Dearmond Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $44,688 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $69,797 |
| Total Revenue | $114,491 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $104,712 |
| Total expenses | $104,712 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,603 |
| Other assets | $0 |
| Total assets | $102,485 |
| Total liabilities | $556 |
| Net assets or fund balances | $101,929 |
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|---|---|---|
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