United Flying Club Inc
- Assets
- $264.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Belmont, CA
- Founding
- 07/1959
- Data as of
- 12/2021
- EIN
- 94-6103623
Organization Overview
United Flying Club Inc is located in Belmont, CA. The organization was established in 1959. 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. United Flying 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, United Flying Club Inc generated $83.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $81.3k during the year ending 12/2021. While expenses have increased by 3.5% 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
ORGANIZATION MEMBERS ARE PROVIDED WITH THE OPPORTUNITY TO FLY MUTUALLY OWNED GENERAL AVIATION AIRCRAFT FOR PLEASURE AND RECREATIONAL USE. FACILITIES ARE PROVIDED FOR MEMBERS TO MAINTAIN THE AIRWORTHINESS OF THE AIRCRAFT AS PRESCRIBED BY FAA GUIDELINES. MEMBERS ARE ALSO GIVEN ACCESS TO FLIGHT INSTRUCTION BY CLUB MEMBERS TO MAINTAIN OR IMPROVE THEIR FLYING PROFICIENCY, SKILLS, AND KNOWLEDGE OF FAA RULES AND REGULATIONS. ONLY CLUB MEMBERS, WHO ARE FAA-QUALIFIED INSTRUCTORS, MAY GIVE INSTRUCTION. IN ADDITION TO INSTRUCTION, THE CLUB PROVIDES PROGRAMS RELATED TO GENERAL AVIATION AND SAFETY THRU PERIODIC SEMINARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Martini Treasurer | 0 | $0 | |
Bernie Gradwhol Maint Mgr | 0 | $0 | |
Dave Everhart Vice President | 0 | $0 | |
William Herrick President | 0 | $0 | |
Tom O'donnell Flight Manager | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $62,193 |
| Membership dues | $21,523 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $83,716 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $81,299 |
| Total expenses | $81,299 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $263,991 |
| Other assets | $0 |
| Total assets | $263,991 |
| Total liabilities | $3,443 |
| Net assets or fund balances | $260,548 |
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