Brookings Aerosports Unlimited Incorporated
- Assets
- $86.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brookings, SD
- Founding
- 09/2005
- Data as of
- 12/2021
- EIN
- 55-0842537
Organization Overview
Brookings Aerosports Unlimited Incorporated is located in Brookings, SD. The organization was established in 2005. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. Brookings Aerosports Unlimited Incorporated 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, Brookings Aerosports Unlimited Incorporated generated $29.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $27.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 7 years. 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
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Morgan Vice-Pres. | 0.5 | $0 | |
Mark Shoup President | 0.5 | $0 | |
Warren Hovland Sec-Treas. | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $29,624 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $29,624 |
| 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 | $138 |
| Occupancy, rent, utilities, and maintenance | $5,071 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,293 |
| Total expenses | $27,502 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $670 |
| Other assets | $0 |
| Total assets | $86,760 |
| Total liabilities | $0 |
| Net assets or fund balances | $86,760 |
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