Logan Airlines Management Council Inc is located in East Boston, MA. The organization was established in 2014. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Logan Airlines Management Council Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Logan Airlines Management Council Inc generated $115.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $104.2k during the year ending 12/2023. While expenses have increased by 6.1% per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3
LAMCO DID MEET MANY TIMES TROUGHOUT 2022 AND ATTENDED ITS 2022 CONVENTION IN BERLIN GERMANY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Christopher Painter President | 2 | $0 | |
Christopher Messina Treasurer | 2 | $0 | |
Austin Sumsion Secretary | 0.25 | $0 | |
Pauline Vaughn Travel Committee Co-Chair | 1 | $0 | |
Barbara Desmaris Travel Committee, Co-Chair | 1 | $0 | |
Elidel Louis Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $98,915 |
Total Program Service Revenue | $0 |
Membership dues | $16,500 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $115,415 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $1,550 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $102,664 |
Total expenses | $104,214 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $65,985 |
Other assets | $0 |
Total assets | $65,985 |
Total liabilities | $0 |
Net assets or fund balances | $65,985 |