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Prescott Flying Club Inc

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

EIN: 237229880 ✦ South st paul, MN ✦ Designated as a 501(c)(7)

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Overview

What is Prescott Flying Club Inc?

Prescott Flying Club Inc is a membership-based organization situated in South St Paul, Minnesota. With a membership of 44 individuals, it serves as a hub for recreational, pleasure, and social activities, primarily centered around aviation. The club boasts a fleet of four aircraft, which are exclusively accessible to its members. The primary objective of Prescott Flying Club Inc is to provide its members with a shared aviation experience, fostering a sense of camaraderie and enjoyable pastimes.


Official website here: www.prescottflyingclub.org

Is Prescott Flying Club Inc legitimate?

Prescott Flying Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Prescott Flying Club 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.


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


Official website here: www.prescottflyingclub.org

What is the mission statement of Prescott Flying Club Inc?

Prescott Flying Club Inc, as a recreational and social organization, is primarily focused on providing pleasure flights for its 44 shareholder-members. The club maintains a fleet of four aircraft, which are exclusively for the use of its members. While the club does not publicly disclose a formal mission statement, one could infer that its purpose is to offer a shared aviation experience for its members, promoting camaraderie and enjoyment through leisure flying.


Official website here: www.prescottflyingclub.org

What is the revenue of Prescott Flying Club Inc?

Prescott Flying Club Inc's revenue in 2023 was $378,899.


Official website here: www.prescottflyingclub.org

Who are the executives of Prescott Flying Club Inc and what are their salaries?

There 5 volunteers at Prescott Flying Club Inc.

Here are 6 key members and their salaries:


Jerry Robertson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Leary Jr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Korkowski (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Howe (Maintenance Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Jents (Vice President/Safety)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitch Becker (Safety)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.prescottflyingclub.org

Where can I find the form 990 for Prescott Flying Club Inc?

Prescott Flying Club Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.prescottflyingclub.org

Learn more at the official website: www.prescottflyingclub.org

Mission Statement of Prescott Flying Club Inc

Prescott Flying Club Inc, a recreational and social organization, is primarily focused on the enjoyment and leisure of its 44 member-shareholders. Situated in the aviation sphere, this club boasts four aircraft, which are exclusively for the use of its members. The club's mission is to provide a platform for its members to indulge in the pleasure of flying, fostering a sense of camaraderie and social interaction within the aviation community. Non-members are not authorized to utilize the club's aircraft, ensuring a secure and exclusive environment for its members.

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Impact




October, 2024

Prescott Flying Club Inc fosters a sense of community and camaraderie among its members through recreational flying and social activities. Located in South St Paul, MN, the club offers an environment where aviation enthusiasts can connect and share their passion for flying. With 44 shareholder members, the club provides access to four aircraft, allowing members to participate in leisure flying, which can be both an enjoyable pastime and a platform for skill development.

The club enhances the local culture by promoting aviation as a recreational pursuit, encouraging members to engage in activities that improve their flying proficiency while enjoying the camaraderie of fellow aviation lovers. By prioritizing member access and involvement, Prescott Flying Club Inc strengthens community bonds and cultivates a vibrant social network centered around shared interests in aviation and recreational activities. The club’s focus on pleasure and recreation enriches the lives of its members, contributing positively to their overall well-being and life satisfaction.




This information is meant to be a general summary of Prescott Flying 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
$378,899 (2023)
Expenses
$400,765 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $627
  • Program Service Revenue: $171,598
  • Gross Receipts: $378,899

Assets and Liabilities:

  • Total Assets: $431,238
  • Total Liabilities: $88,307
  • Net Assets: $342,931

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Programs

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

AIRCRAFT RENTAL

Revenue

$91,108

MEMBERSHIP DUES

Revenue

$80,490

Organization Details

Principal Officer

James Leary Jr

NTEE Category

Code: N50 - Recreation

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