Fly Well Flying Club Inc
- Assets
- $375.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Roseville, MN
- Founding
- 09/1968
- Data as of
- 06/2022
- EIN
- 41-6057490
Organization Overview
Fly Well Flying Club Inc is located in Roseville, MN. The organization was established in 1968. 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. Fly Well 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 06/2022, Fly Well Flying Club Inc generated $198.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $174.9k during the year ending 06/2022. While expenses have increased by 7.3% per year over the past 6 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
TO PROMOTE EDUCATION IN FLYING IN CONJUCTION WITH FAA WINGS PROGRAM AND METRO AIRPORT COMMISSION IN ASSOCIATION WITH DISCOVER AVIATION DAYS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Schwister President | 5 | $0 | |
Heidi Amoit Vice President | 5 | $0 | |
Mark Bakko Treasurer | 5 | $0 | |
Mark Christoperson Director | 3 | $0 | |
Marc Tellevik Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $126,893 |
| Membership dues | $66,565 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $4,800 |
| Total Revenue | $198,260 |
| 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 | $149,989 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,928 |
| Total expenses | $174,917 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $374,975 |
| Total liabilities | $88,533 |
| Net assets or fund balances | $286,442 |