Twin City Cloud 7 Inc

Organization Overview

Twin City Cloud 7 Inc is located in Eden Prairie, MN. The organization was established in 1968. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Twin City Cloud 7 Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 12/2021, Twin City Cloud 7 Inc generated $350.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $391.6k during the year ending 12/2021. While expenses have increased by 6.4% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO STIMULATE AND ENCOURAGE AN INTEREST IN AVIATION, TO ENCOURAGE THE STUDY OF AVIATION AND AIRCRAFT, AND TO FOSTER GOOD WILL BY SHARING AIRCRAFT EXPENSES AMOUNG ITS OWNERS AND BY PROMOTING SOCIAL / RECREATIONAL AVIATION ACTIVITIES

Describe the Organization's Program Activity:

Part 3 - Line 4a

HANGERED, FUELD, INSURED, AND MAINTAINED A FLEET OF SIX AIRCRAFT FORPERSONAL USE BY ITS OWNERS


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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$349,996
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$349,996
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $349,996

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