Land O Lakes Flying Club Inc
- Assets
- $321.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomfield Hills, MI
- Founding
- Data as of
- 11/2021
- EIN
- 38-2924571
Organization Overview
Land O Lakes Flying Club Inc is located in Bloomfield Hills, MI.
For the year ending 11/2021, Land O Lakes Flying Club Inc generated $48.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $46.6k during the year ending 11/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
RENTAL OF AIRCRAFT TO MEMBERS OF CLUB
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Fishman President | 1 | $0 | |
Stan Politowicz Operations | 2 | $0 | |
George Burkett Maintenance Mgr | 2 | $0 | |
William Powers Tresurer | 2 | $0 | |
Briggs Pille Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $47,913 |
| Investment income | $121 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $48,034 |
| 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 | $4,840 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $41,719 |
| Total expenses | $46,559 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,149 |
| Other assets | $0 |
| Total assets | $321,035 |
| Total liabilities | $57,324 |
| Net assets or fund balances | $263,711 |
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