Lenoir Aviation Club Inc
- Assets
- $236.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lenoir, NC
- Founding
- 07/1991
- Data as of
- 12/2021
- EIN
- 56-1014185
Organization Overview
Lenoir Aviation Club Inc is located in Lenoir, NC. The organization was established in 1991. 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. Lenoir Aviation 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, Lenoir Aviation Club Inc generated $135.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $79.9k during the year ending 12/2021. While expenses have increased by 17.6% per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDING ECONOMICAL FLYING RATES AND INSTRUCTION FOR MEMBERS AND PROVIDING FACILITIES FOR EDUATION AND TRAINING IN AVIATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Doll President | 0 | $0 | |
Karl Lambert Treasurer | 1 | $0 | |
Rex Chamberlain Facilities Chairman | 0 | $0 | |
Jan Randle Safety Chairman | 0 | $0 | |
Joe Brannock Secretary | 0 | $0 | |
Wes Parlier Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $84,211 |
| Membership dues | $7,212 |
| Investment income | $161 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $44,000 |
| Total Revenue | $135,584 |
| 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 | $386 |
| Occupancy, rent, utilities, and maintenance | $4,708 |
| Printing, publications, postage, and shipping | $418 |
| Other expenses | $74,385 |
| Total expenses | $79,897 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $128,298 |
| Other assets | $0 |
| Total assets | $236,512 |
| Total liabilities | $0 |
| Net assets or fund balances | $236,512 |
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