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Keystone T-Hanger Condominium Association Inc

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

EIN: 061578646 ✦ Oxford, CT ✦ Designated as a 501(c)(7)

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Overview

What is Keystone T-Hanger Condominium Association Inc?

Keystone T-Hanger Condominium Association Inc is a nonprofit organization situated in Oxford, Connecticut. Their primary purpose is to manage an airplane hanger for the exclusive use of its members, who are the individual plane owners housed within. They accomplish this mission by operating as a nonprofit club and their sole program is the maintenance of this hanger. The association provides essential services to ensure the hanger's smooth operation, thereby facilitating the upkeep of the member's planes.

Is Keystone T-Hanger Condominium Association Inc legitimate?

Keystone T-Hanger Condominium Association Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Keystone T-Hanger Condominium Association Inc submitted a form 990EZ, 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.

What is the mission statement of Keystone T-Hanger Condominium Association Inc?

The Keystone T-Hanger Condominium Association's mission is centered around maintaining an airplane hanger for the private plane owners who use its facilities. They accomplish this mission by operating as a nonprofit organization and providing a single program: the maintenance of the hanger itself. This association, although not explicitly stated in the provided data, likely aims to ensure the safety and convenience of its members by keeping the hanger in optimal condition.

Who is the CEO of Keystone T-Hanger Condominium Association Inc?

Ed Abrams is the President of Keystone T-Hanger Condominium Association Inc.

What is the revenue of Keystone T-Hanger Condominium Association Inc?

Keystone T-Hanger Condominium Association Inc's revenue in 2022 was $74,817.

Who are the executives of Keystone T-Hanger Condominium Association Inc and what are their salaries?


Here are 4 key members and their salaries:


Ed Abrams (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Burt Stevens (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Kleinman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eileen Mucci (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Keystone T-Hanger Condominium Association Inc?

Keystone T-Hanger Condominium Association Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Keystone T-Hanger Condominium Association Inc

The Keystone T-Hanger Condominium Association serves as a nonprofit entity, primarily dedicated to managing an airplane hanger for the exclusive use of its member plane owners. This association fulfills its mission by operating as a club, ensuring the hanger's maintenance remains a priority. By organizing in this manner, the association provides a secure and well-maintained space for its members' aircraft, ensuring the safety and longevity of their investments. The association's only program is centered around this maintenance, demonstrating a commitment to its members' needs and the upkeep of the facility.

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Impact




October, 2024

Keystone T-Hanger Condominium Association Inc plays a vital role in supporting aviation enthusiasts by maintaining a dedicated airplane hangar for its members in Oxford, CT. This organization provides essential services that ensure the safe storage and upkeep of aircraft, allowing individual plane owners to focus on their passion for flying without the burdens of maintenance and facility management.

By facilitating a well-maintained environment specifically for airplanes, the association fosters a sense of community among its members, promoting collaboration and shared interests in aviation. This impact extends beyond the physical space; it enhances recreational opportunities and encourages the responsible use of aviation resources within the local area. The association's focus on maintaining the hangar ensures that members have reliable access to their planes, which can lead to increased participation in local flying events and activities, further enriching the aviation culture in the region.




This information is meant to be a general summary of Keystone T-Hanger Condominium Association 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
$74,817 (2022)
Expenses
$73,272 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $74,817

Assets and Liabilities:

  • Total Assets: $180,793
  • Total Liabilities: $105,429
  • Net Assets: $75,364

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Organization Details

Principal Officer

Ed Abrams

Main Address

3 JULIANO DRIVE BOX 10, OXFORD, CT, 06478

NTEE Category

Code: N50 - Recreation

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