American Airlines Ski And Snowboard Club
- Assets
- $47.8k
- Revenue
- $14.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Flower Mound, TX
- Founding
- 07/2019
- Data as of
- 07/2023
- EIN
- 84-2037763
Organization Overview
American Airlines Ski And Snowboard Club is located in Flower Mound, TX. 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. American Airlines Ski And Snowboard Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 07/2023, American Airlines Ski And Snowboard Club generated $14.6k 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 (18.2%) each year. All expenses for the organization totaled $21.5k during the year ending 07/2023. As we would expect to see with falling revenues, expenses have declined by (10.2%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
AMERICAN AIRLINES SKI AND SNOWBOARD CLUB PROVIDES AN OPPORTUNITY FOR AMERICAN AIRLINES' EMPLOYEES AND RETIREES TO ENJOY WINTER SPORT ACTIVITIES UP TO FIVE WEEKS OUT OF EVERY YEAR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHARITY WE SUPPORT IS THE CYSTIC FIBROSIS FOUNDATION. WE AS A CLUB DONATE A SKI WEEK FOR TWO PEOPLE EVERY YEAR TO HELP RAISE MONEY FOR CYSTIC FIBROSIS. THE AMERICAN AIRLINES CELEBRITY SKI WEEKEND IS A FUNDRAISER BENEFITING THE CYSTIC FIBROSIS FOUNDATION AND HAS GENERATED MORE THAN 30 MILLION FOR CYSTIC FIBROSIS OVER THE YEARS. AMERICAN AIRLINES CORP. HAS PRODUCED THIS EVENT EVERY YEAR, USUALLY THE FIRST WEEKEND EVERY MARCH. EVERY YEAR AT CELEBRITY SKI, THEY HAVE AN AUCTION ON SATURDAY EVENING AND WE HAVE BEEN FORTUNATE TO DONATE A SKI WEEK FOR TWO AS A BID ITEM. WHOEVER IS THE HIGHEST BIDDER ON OUR ITEM IS COMPED A SKI WEEK WITH THE AMERICAN AIRLINES SKI AND SNOWBOARD CLUB AT ONE OF OUR SKI WEEKS. THE WINNING BIDDER PAYS CYSTIC FIBROSIS WHATEVER THEY BID THEN THEIR SKI TRIP WITH US IS GRATIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Rigterink President | Officer | 1 | $0 |
Julie Molano Vice President | Officer | 1 | $0 |
Gregory Gilger Secretary/treasurer | Officer | 1 | $0 |
Kent Johnson A-Team Captain | Officer | 0.5 | $0 |
Ellen Garvey B-Team Captain | Officer | 0.5 | $0 |
Dennis Mellon Snowboard Captain | Officer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $8,050 |
| Fundraising events | $6,389 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $150 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,589 |
| 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 | $14,589 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,089 |
| Information technology | $2,856 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $21,508 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,824 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $18,974 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $47,798 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $47,798 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $47,798 |