Lakeway Airpark Inc
- Assets
- $487.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lakeway, TX
- Founding
- 01/1999
- Data as of
- 05/2024
- EIN
- 74-2759764
Organization Overview
Lakeway Airpark Inc is located in Lakeway, TX. The organization was established in 1999. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lakeway Airpark Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 05/2024, Lakeway Airpark Inc generated $109.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $88.3k during the year ending 05/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
PROVIDE MANAGEMENT AND MAINTENANCE FOR LAKEWAY AIRPARK SERVING THE AIR TRANSIT NEEDS OF THE LOCAL RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erik Mulloy Treasurer | 0 | $0 | |
Scott Epley Board Member | 0 | $0 | |
Josh Cobb Secretary | 0 | $0 | |
Pat Hall President | 0 | $0 | |
Phil Thompson Vice President | 0 | $0 | |
Jeff Klaas Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,558 |
| Total Program Service Revenue | $49,449 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $109,854 |
| 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 | $10,492 |
| Occupancy, rent, utilities, and maintenance | $9,216 |
| Printing, publications, postage, and shipping | $408 |
| Other expenses | $68,206 |
| Total expenses | $88,322 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $260,388 |
| Other assets | $0 |
| Total assets | $487,219 |
| Total liabilities | $0 |
| Net assets or fund balances | $487,219 |