Valley Airport Inc
- Assets
- $38.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Missouri Valley, IA
- Founding
- 08/1995
- Data as of
- 05/2022
- EIN
- 42-1405648
Organization Overview
Valley Airport Inc is located in Missouri Valley, IA. The organization was established in 1995. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Airport Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2022, Valley Airport Inc generated $7.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $5.1k during the year ending 05/2022. While expenses have increased by 5.0% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO SUPPORT AND MAINTAIN THE MISSOURI VALLEY AIRPORTAS A PUBLIC AIRPORT WITH 21 RENTERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherman Struble President | 5 | $0 | |
Harold Ostler Sec/treas | 5 | $0 | |
Mike Collier Vice Pres | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $7,580 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $7,580 |
| 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 | $398 |
| Occupancy, rent, utilities, and maintenance | $4,709 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $5,107 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,177 |
| Other assets | $0 |
| Total assets | $38,877 |
| Total liabilities | $0 |
| Net assets or fund balances | $38,877 |
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