Faa Flying Club Inc Nafec
- Assets
- $27.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Atlantic City, NJ
- Founding
- 09/1973
- Data as of
- 06/2022
- EIN
- 73-6503976
Organization Overview
Faa Flying Club Inc Nafec is located in Atlantic City, NJ. The organization was established in 1973. 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. Faa Flying Club Inc Nafec is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2022, Faa Flying Club Inc Nafec generated $23.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $44.7k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE CLUB PROVIDED THE STATED GOALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Dumont Billing | 5 | $0 | |
Amnon Pollak Treasurer | 5 | $0 | |
David Brendt Maintenance | 5 | $0 | |
John Gauntt President | 5 | $0 | |
Dan Dellmyer Operation | 5 | $0 | |
Vincent Simeone Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $23,902 |
| Investment income | $23 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $23,925 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $44,731 |
| Total expenses | $44,731 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,084 |
| Other assets | $0 |
| Total assets | $27,084 |
| Total liabilities | $0 |
| Net assets or fund balances | $27,084 |
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