Textron Aviation Employees Flying Club Inc

Organization Overview

Textron Aviation Employees Flying Club Inc is located in Wichita, KS. The organization was established in 1966. According to its NTEE Classification (Y99) the organization is classified as: Mutual & Membership Benefit N.E.C., under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Textron Aviation Employees Flying Club Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 12/2021, Textron Aviation Employees Flying Club Inc generated $1.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. 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 PROVIDE AFFORDABLE ACCESS TO AIRCRAFT FOR THE EMPLOYEES OF TEXTRON AVIATION, INC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROMOTE AND ENCOURAGE PRIVATE FLYING AND TO PROVIDE ECONOMICAL FLYING TO ITS MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Haenggi
President
$0
Jake Akin
Vice President
$0
Jacob Schneider
Secretary
$0
Dan Holmes
Treasurer
$0
Roy Aycock
Chief Cfi
$0
Joe Hepburn
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$137,813
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$342,844
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$480,657
Total Program Service Revenue$707,845
Investment income $7,779
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $701,147
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $9,012
Miscellaneous Revenue$0
Total Revenue $1,906,440

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