Kentucky Aviation Association Inc is located in Lexington, KY. The organization was established in 1994. According to its NTEE Classification (U30) the organization is classified as: Physical & Earth Sciences, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kentucky Aviation Association 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 12/2019, Kentucky Aviation Association Inc generated $111.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $70.8k during the year ending 12/2019. While expenses have increased by 2.9% 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
2019
Describe the Organization's Program Activity:
Part 3
0
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jerry Humble President | 3 | $0 | |
Jill Tiedt Vice President | 3 | $0 | |
Roger Lawson Secretary | 3 | $0 | |
Jimmy Riddle Board Member | 3 | $0 | |
Travis Crilley Board Member | 3 | $0 | |
Tom Foote Treasurer | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $88,522 |
Membership dues | $22,399 |
Investment income | $501 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $111,422 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $20,400 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $495 |
Other expenses | $49,902 |
Total expenses | $70,797 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $165,394 |
Other assets | $0 |
Total assets | $165,394 |
Total liabilities | $0 |
Net assets or fund balances | $165,394 |
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