Air Cargo Club Of New England Inc
- Assets
- $19.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lynnfield, MA
- Founding
- 07/2019
- Data as of
- 12/2022
- EIN
- 83-1576835
Organization Overview
Air Cargo Club Of New England Inc is located in Lynnfield, MA. The organization was established in 2019. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, 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. Air Cargo Club Of New England Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Air Cargo Club Of New England Inc generated $77.5k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $75.5k during the year ending 12/2022. While expenses have increased by 9.1% per year over the past 4 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE SCHOLARSHIPS AND MEMBER SUPPORT TO PROMOTE AND BROADEN THE VALUE AND DEVELOPMENT OF THE AIR CARGO INDUSTRY IN NEW ENGLAND
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Mortell President | 1 | $0 | |
Timothy Coggswell Vice President | 1 | $0 | |
Bud Mercuri Treasurer | 1 | $0 | |
Robin Donahue Secretary | 1 | $0 | |
Christopher Barry Director | 1 | $0 | |
Andrew Botthof Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $8,800 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $68,716 |
| Total Revenue | $77,516 |
| 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 | $6,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $69,471 |
| Total expenses | $75,471 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,162 |
| Other assets | $0 |
| Total assets | $19,162 |
| Total liabilities | $0 |
| Net assets or fund balances | $19,162 |