Witham Aero Club Inc
- Assets
- $139.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Stuart, FL
- Founding
- 12/2019
- Data as of
- 12/2021
- EIN
- 83-2596223
Organization Overview
Witham Aero Club Inc is located in Stuart, FL. The organization was established in 2019. 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. Witham Aero Club 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, Witham Aero Club Inc generated $93.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $85.7k 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
THIS ORGANIZATION IS A SOCIAL CLUB FOR AIRPLANE AND AVIATION ENTHUSIASTS TO GATHER AND SHARE WISDOM REGARDING FLYING AND OTHER AVIATION RELATED INTERESTS. TO PROMOTE AVIATION SAFETY AND COMRADERY AMONGST ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan Blazie President & CEO | 8 | $0 | |
Russell Dow Treasurer | 12 | $0 | |
Joseph Gage Vice President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,508 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $93,508 |
| 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 | $700 |
| Occupancy, rent, utilities, and maintenance | $35,128 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $49,871 |
| Total expenses | $85,699 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $98,899 |
| Other assets | $0 |
| Total assets | $139,578 |
| Total liabilities | $0 |
| Net assets or fund balances | $139,578 |
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