Co-Operative Cross Roads Flying Club
- Assets
- $230.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 06/1954
- Data as of
- 12/2023
- EIN
- 73-6502369
Organization Overview
Co-Operative Cross Roads Flying Club is located in Albuquerque, NM. The organization was established in 1954. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Co-Operative Cross Roads Flying Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Co-Operative Cross Roads Flying Club generated $56.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $67.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
ORGANIZATIONS AIRCRAFT WERE USED FOR A SUBSTANTIAL AMOUNT OF CHARITABLE WORK INCLUDING ANGEL FLIGHT AND FLIGHTS FOR LIFE AS WELL AS MAINTAINING PILOT CURRENCY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Kearney Treasurer | 4 | $0 | |
Alan Blair Secretary | 2 | $0 | |
Richard Perry Maintenance Officer | 20 | $0 | |
Joel Long President | 2 | $0 | |
David Roberts Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $22,960 |
| Membership dues | $33,490 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $56,450 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $9,318 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $58,008 |
| Total expenses | $67,326 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,719 |
| Other assets | $0 |
| Total assets | $230,935 |
| Total liabilities | $195,218 |
| Net assets or fund balances | $35,717 |