Airline Avionics Institute Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Franklin, WI
- Founding
- 06/1988
- Data as of
- 12/2021
- EIN
- 59-2443144
Organization Overview
Airline Avionics Institute Inc is located in Franklin, WI. The organization was established in 1988. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, 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. Airline Avionics Institute 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 12/2021, Airline Avionics Institute Inc generated $2.1k 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 (48.2%) each year. All expenses for the organization totaled $2.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (49.9%) 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
THE ORGANIZATION HAS PROVIDED SERVICES FOR VARIOUS MANUFACTURERS AND SUPPLIERS AT VARIOUS CONFERENCES IN ORDER TO EXCHANGE INFORMATION WITH REGARDS TO THE NEEDS OF THE AIRLINE INDUSTRY. ALL OF THE EXPENSES HAVE FULFILLED THE STATED MISSION OF THE ORGANIZATION.THE ORGANIZATION BEGAN WINDING DOWN OPERATIONS IN 2019 AND THE ORGANIZATION IS FILING ITS FINAL RETURN IN 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ray Frelk President | 3 | $0 | |
Peter Chilsen Secretary/treasurer | 1 | $0 | |
Elaine Zamba Membership Director | 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 | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,124 |
| Total Revenue | $2,124 |
| 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 | $2,124 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $2,124 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |