Precision Aerobatics Model Pilots Association Inc is located in Delafield, WI. The organization was established in 1998. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, 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. Precision Aerobatics Model Pilots 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 12/2017, Precision Aerobatics Model Pilots Association Inc generated $24.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (26.5%) each year. All expenses for the organization totaled $50.4k during the year ending 12/2017. 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
2017
Describe the Organization's Program Activity:
Part 3
PROMOTION AND EXCHANGE OF SERVICES AND INFORMATION REGARDING CONTROL LINE PRECISION AEROBATICS MODEL AIRPLANE FLYING
PROMOTION AND EXCHANGE OF SERVICES AND INFORMATION REGARDING CONTROL LINE PRECISION AEROBATICS MODEL AIRPLANE FLYING
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dennis Adamisin President | 2 | $0 | |
Matt Neumann Vice President | 2 | $0 | |
Mike Strand Sectreasurer | 2 | $0 | |
Steve Smith Membership Chairman | 2 | $0 | |
Dennis Adamisin President | 2 | $0 | |
Matt Neumann Vice President | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $24,640 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $24,640 |
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 | $500 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $38,159 |
Other expenses | $11,758 |
Total expenses | $50,417 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $24,520 |
Other assets | $0 |
Total assets | $24,520 |
Total liabilities | $0 |
Net assets or fund balances | $24,520 |