Louisville Pilots Club Inc
- Assets
- $176.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 01/1980
- Data as of
- 05/2024
- EIN
- 61-6080834
Organization Overview
Louisville Pilots Club Inc is located in Louisville, KY. The organization was established in 1980. 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. Louisville Pilots 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 05/2024, Louisville Pilots Club Inc generated $16.3k 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 (17.6%) each year. All expenses for the organization totaled $22.7k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (13.6%) per year over the past 4 years. 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
THE LOUISVILLE PILOTS CLUB HAS MET ITS PRIMARY EXEMPT PURPOSE BY PROVIDING LOW-COST FACILITIES, TECHNICAL AVIATION INFORMATION, AND AIRCRAFT FOR THE CONTINUING EDUCATION, ADVANCED AND SUPPLEMENTAL FLIGHT INSTRUCTION, AND ACCUMULATION OF FLIGHT TIME, AND RECREATION FOR ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Hirsch President And Director | 2 | $0 | |
Arnold Hook Secretary And Director | 2 | $0 | |
John Wieland Treasurer And Director | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $9,932 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $6,328 |
| Total Revenue | $16,262 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $6,706 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,960 |
| Total expenses | $22,666 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,154 |
| Other assets | $0 |
| Total assets | $176,807 |
| Total liabilities | $38,541 |
| Net assets or fund balances | $138,266 |