Classic Jet Aircraft Association Inc
- Assets
- $121.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mandeville, LA
- Founding
- 02/1992
- Data as of
- 12/2022
- EIN
- 76-0326901
Organization Overview
Classic Jet Aircraft Association Inc is located in Mandeville, LA. The organization was established in 1992. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Classic Jet Aircraft Association Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Classic Jet Aircraft Association Inc generated $26.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $24.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
NONE
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victor Schilleci President | 3 | $0 | |
J Russell Armstrong Treasurer | 3 | $0 | |
Lt Col William J Smith Secretary | 3 | $0 | |
Scott Glaser Director | 3 | $0 | |
Larry Wayne Lee Vice President | 3 | $0 | |
Mike Mosing Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $99 |
| Total Program Service Revenue | $5,000 |
| Membership dues | $20,860 |
| Investment income | $747 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $26,411 |
| 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 | $9,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $56 |
| Other expenses | $15,479 |
| Total expenses | $24,535 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $121,823 |
| Other assets | $0 |
| Total assets | $121,823 |
| Total liabilities | $0 |
| Net assets or fund balances | $121,823 |
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