Key City Fliers Inc
- Assets
- $311.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Maquoketa, IA
- Founding
- 03/1969
- Data as of
- 12/2021
- EIN
- 42-0936162
Organization Overview
Key City Fliers Inc is located in Maquoketa, IA. The organization was established in 1969. According to its NTEE Classification (O51) the organization is classified as: Youth Community Service Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Key City 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 12/2021, Key City Fliers Inc generated $135.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.1% each year . All expenses for the organization totaled $119.0k during the year ending 12/2021. While expenses have increased by 20.7% 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
2021
Describe the Organization's Program Activity:
Part 3
THERE WERE APPROXIMATELY 35 MEMBERS IN THE CLUB. MEMBERS HAVE ACCESS TO THREE AIRPLANES AND A FLIGHT INSTRUCTOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Woodward President | 2 | $0 | |
Doug Du Plessis Treasurer | 1 | $0 | |
Kevin Bohach At-Large Board Member | 1 | $0 | |
Mike Nickeson Maintenance Officer | 2 | $0 | |
Doug Collins At-Large Board Member | 1 | $0 | |
Lou Orlando At-Large Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $51,101 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $83,955 |
| Total Revenue | $135,056 |
| 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 | $32,316 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $86,709 |
| Total expenses | $119,025 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,809 |
| Other assets | $0 |
| Total assets | $311,447 |
| Total liabilities | $166,749 |
| Net assets or fund balances | $144,698 |
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