Wichita Aero Club
- Assets
- $99.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wichita, KS
- Founding
- 08/2010
- Data as of
- 12/2023
- EIN
- 26-3550765
Organization Overview
Wichita Aero Club is located in Wichita, KS. The organization was established in 2010. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Wichita Aero Club is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Wichita Aero Club generated $75.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $79.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 9 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 |
|---|---|---|---|
Ashley Bowen Cook Board Chair | 1 | $0 | |
Nicole Alexander President | 1 | $0 | |
Glenn Tate Treasurer | 1 | $0 | |
Mike Alberti Director | 1 | $0 | |
Chuck Cadena Director | 1 | $0 | |
Tracee Friess Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $51,387 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $23,754 |
| Other Revenue | $271 |
| Total Revenue | $75,412 |
| 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 | $60,759 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,460 |
| Total expenses | $79,219 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $90,458 |
| Other assets | $0 |
| Total assets | $99,091 |
| Total liabilities | $16,122 |
| Net assets or fund balances | $82,969 |