Yankee Flying Club Inc
- Assets
- $491.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Maple Grove, MN
- Founding
- 09/1969
- Data as of
- 12/2021
- EIN
- 23-7004234
Organization Overview
Yankee Flying Club Inc is located in Maple Grove, MN. The organization was established in 1969. 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. Yankee Flying 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, Yankee Flying Club Inc generated $138.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $138.0k 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
MONTHLY MEETINGS, EDUCATION SEMINARS, PICNICS, AND PLANE WASHES DEDICATED TO FOSTER & PROMOTE FLYING SAFETY TO THE ORGANIZATION'S MEMBERS. RECREATIONAL FLYING FAMILY MEMBERSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Varsanyi Secretary | 2 | $0 | |
Jeff Dinsmore Safety And Education Officer | 2 | $0 | |
Aaron Becker Vice President | 1 | $0 | |
Jeff Long Maintenance | 5 | $0 | |
Robert Dahl Assistant Maintenance | 2 | $0 | |
Mike Jackson Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $64,486 |
| Membership dues | $73,533 |
| Investment income | $23 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $138,042 |
| 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 | $241 |
| Occupancy, rent, utilities, and maintenance | $61,327 |
| Printing, publications, postage, and shipping | $318 |
| Other expenses | $76,124 |
| Total expenses | $138,010 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $136,288 |
| Other assets | $0 |
| Total assets | $491,584 |
| Total liabilities | $1,535 |
| Net assets or fund balances | $490,049 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Interlachen Country Club Edina, MN | $38,666,862 | $19,906,229 |
Wisconsin Club Inc Milwaukee, WI | $13,631,132 | $7,676,658 |
Milwaukee Country Club River Hills, WI | $13,393,861 | $8,032,632 |
North Shore Country Club Mequon, WI | $12,385,301 | $7,356,496 |
Woodhill Country Club Wayzata, MN | $12,252,723 | $5,942,697 |
Green Bay Country Club Inc Green Bay, WI | $11,578,714 | $7,130,925 |
Minneapolis Club Inc Minneapolis, MN | $13,677,806 | $3,594,595 |
Spring Hill Golf Club Wayzata, MN | $14,177,799 | $4,336,296 |
Chenequa Country Club Inc Hartland, WI | $8,162,285 | $3,577,706 |
Tuckaway Country Club Inc Franklin, WI | $8,452,752 | $4,849,926 |
Lake Geneva Country Club Fontana, WI | $6,852,229 | $4,168,458 |
West Bend Country Club West Bend, WI | $5,974,564 | $4,364,708 |