Bar V K Air Ranch Estates Associate S Inc is located in Sanger, TX. The organization was established in 1992. According to its NTEE Classification (I03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bar V K Air Ranch Estates Associate S Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Bar V K Air Ranch Estates Associate S Inc generated $73.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $51.3k during the year ending 12/2021. 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
29 LOT OWNERS HAD ACCESS TO RUNWAYS AND LAKE PROPERTY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lonnie Mcgee Chairman | 5 | $0 | |
Scott Russell Co Chairman | 5 | $0 | |
Darryl Durkee Secretary | 5 | $0 | |
Rob Neilsen C0 Chairman | 5 | $0 | |
Sandy Armand Treasurer | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $38,400 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $35,477 |
Total Revenue | $73,877 |
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 | $51,338 |
Total expenses | $51,338 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $120,843 |
Other assets | $0 |
Total assets | $211,541 |
Total liabilities | $0 |
Net assets or fund balances | $211,541 |
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