Valdez Fly In Association
- Assets
- $38.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Valdez, AK
- Founding
- 01/2020
- Data as of
- 12/2020
- EIN
- 83-3775173
Organization Overview
Valdez Fly In Association is located in Valdez, AK. The organization was established in 2020. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, 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. Valdez Fly In Association 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 12/2020, Valdez Fly In Association generated $17.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (53.2%) each year. All expenses for the organization totaled $24.0k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (47.5%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Prax President | 1 | $0 | |
Lon Rake Secretary/treasurer | 1 | $0 | |
Lawrence Chesley Director | 1 | $0 | |
Mike William Director | 1 | $0 | |
Paul Silveira Director | 1 | $0 | |
Steve Searles Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,524 |
| Total Program Service Revenue | $32 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $17,556 |
| 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 | $15,195 |
| Occupancy, rent, utilities, and maintenance | $73 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,770 |
| Total expenses | $24,038 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,713 |
| Other assets | $0 |
| Total assets | $38,713 |
| Total liabilities | $0 |
| Net assets or fund balances | $38,713 |
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