Bandon Aero Club
- Assets
- $151.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bandon, OR
- Founding
- 05/2003
- Data as of
- 03/2024
- EIN
- 93-0593461
Organization Overview
Bandon Aero Club is located in Bandon, OR. The organization was established in 2003. 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. Bandon Aero Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 03/2024, Bandon Aero Club generated $42.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $31.9k during the year ending 03/2024. While expenses have increased by 3.2% per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
PROVIDED HANGER SPACE AND AIRPORT SERVICES TO MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William J Guernsey President | 2 | $0 | |
Wayne Crook Vice President | 1 | $0 | |
Douglas Crane Director | 1 | $0 | |
Kristy Guernsey Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $216 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,998 |
| Investment income | $106 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $23,979 |
| Total Revenue | $42,540 |
| 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 | $5,821 |
| Occupancy, rent, utilities, and maintenance | $16,589 |
| Printing, publications, postage, and shipping | $216 |
| Other expenses | $9,313 |
| Total expenses | $31,939 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,515 |
| Other assets | $0 |
| Total assets | $151,513 |
| Total liabilities | $1,937 |
| Net assets or fund balances | $149,576 |