Cheyenne Regional Air Service Focus Team

Organization Overview

Cheyenne Regional Air Service Focus Team, operating under the name Craft, is located in Cheyenne, WY. The organization was established in 2019. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Craft 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 09/2023, Craft generated $2.0m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $2.1m during the year ending 09/2023. While expenses have increased by 3.9% per year over the past 5 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PURSUE ADDITIONAL RESOURCES TO HELP WITH THE MARKETING AND PROMOTION OFFLIGHTS FROM AND TO CHEYENNE REGIONAL AIRPORT; EDUCATE THE PUBLIC ANDPUBLIC OFFICIALS ABOUT THE ECONOMIC BENEFITS THAT AIR SERVICE AND THE NEWAIRPORT TERMINAL WILL BRING TO CHEYENNE AND THE REGION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION WILL APPLY FOR GRANTS AND SOLICIT PRIVATE DONATIONS TOCOORDINATE EFFORTS TO ENHANCE HIGH QUALITY, RELIABLE ANDCOMPETITIVELY PRICED AIR SERVICE FOR LARAMIE COUNTY AND THE GREATERCHEYENNE AREA. TO ATTRACT AN AIRLINE TO THE REGION, THE ORGANIZATION WILLGUARANTEE THE NUMBER OF PAID SEATS PER FLIGHT.


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Board, Officers & Key Employees

Name (title)Compensation
Wendy Volk
Chairman
$0
Don Erickson
Vice Chair
$0
Lori Schoene
Secretary
$0
Betsey Hale
Member
$0
James P Wilkinson
Member
$0
Steve Reynolds
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,040,668
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,040,668
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,040,668

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