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North Shore Aero Club Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 046175219 ✦ Beverly, MA ✦ Designated as a 501(c)(7)

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Overview

What is North Shore Aero Club Inc?

North Shore Aero Club Inc, situated in Beverly, Massachusetts, functions as a nonprofit organization primarily focused on recreational and social activities. The club's primary mission is to own and maintain aircrafts, providing members with the opportunity for hourly use. This setup allows aviation enthusiasts to enjoy flying without the significant financial and maintenance commitments associated with private aircraft ownership. The club operates within the boundaries of its nonprofit status, promoting a sense of community and shared enthusiasm for aviation among its members.

Is North Shore Aero Club Inc legitimate?

North Shore Aero Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. North Shore Aero Club Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of North Shore Aero Club Inc?

The North Shore Aero Club Inc's mission is centered around owning and maintaining aircrafts, making them available for hourly usage by its members solely. This club is dedicated to promoting recreational and social activities within its membership. It operates as a non-profit entity, fostering a community of aviation enthusiasts.

Who is the CEO of North Shore Aero Club Inc?

Traiq Fasheh is the Principal Officer of North Shore Aero Club Inc.

What is the revenue of North Shore Aero Club Inc?

North Shore Aero Club Inc's revenue in 2022 was $240,511.

Who are the executives of North Shore Aero Club Inc and what are their salaries?

There 7 volunteers at North Shore Aero Club Inc.


Here are 7 key members and their salaries:


Tariq Fasheh (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Yeoman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Tagerman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Silva (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Callahan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Rieker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Reneri (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for North Shore Aero Club Inc?

North Shore Aero Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of North Shore Aero Club Inc

North Shore Aero Club, a non-profit organization, is dedicated to the mission of owning and maintaining aircrafts for hourly use by its members exclusively. This mission allows aviation enthusiasts to indulge in their passion for flying without the significant financial and time commitments associated with personal aircraft ownership. By providing members with access to well-maintained aircrafts, the club fosters a sense of community and shared enjoyment of aviation activities.

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Impact




October, 2024

North Shore Aero Club Inc significantly enhances the recreational aviation experience for its members in Beverly, MA, by providing access to well-maintained aircraft for hourly use. This initiative fosters a strong community of aviation enthusiasts who share a passion for flying, facilitating both social interaction and skill development among pilots. Members benefit from the affordable access to aircraft, which encourages more individuals to engage in flying and contributes to the overall growth of the local aviation community. The club not only cultivates a sense of camaraderie but also promotes safety and responsibility among its members, ensuring that the joy of flying is accessible and sustainable. Through its activities, North Shore Aero Club Inc plays a vital role in enriching the recreational landscape of the region.




This information is meant to be a general summary of North Shore Aero Club Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$240,511 (2022)
Expenses
$258,936 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $149,941
  • Gross Receipts: $240,511

Assets and Liabilities:

  • Total Assets: $399,441
  • Total Liabilities: $340,968
  • Net Assets: $58,473

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

HOURLY INCOME

Revenue

$149,941

Organization Details

Founding Year

1956

Principal Officer

Traiq Fasheh

Main Address

PO BOX 370, BEVERLY, MA, 01915

NTEE Category

Code: N50 - Recreation

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