Bradley Flying Association

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

EIN: 370989877 ✦ Peoria, IL ✦ Designated as a 501(c)(7)

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Overview

What is Bradley Flying Association?

The Bradley Flying Association is a nonprofit organization that grants its members exclusive access to two aircraft. With a vibrant community of 85 active members at the year's end, the association ensures sustainable operation by charging a fee per hour. This fee is utilized to cover essential expenses such as fuel, insurance, maintenance, and depreciation. The organization's primary mission is to offer its members the opportunity to fly, thereby promoting aviation activities in a cost-effective manner.


Official website here: www.bradleyflying.org

Is Bradley Flying Association legitimate?

Bradley Flying Association is a legitimate nonprofit organization registered as a 501(c)(7) entity. Bradley Flying Association 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: $5,520

For more financial information, click here


Official website here: www.bradleyflying.org

What is the mission statement of Bradley Flying Association?

The Bradley Flying Association serves its members by providing them with access to its two aircrafts. At the end of the year, 85 members were actively utilizing this service. The organization manages its operations by charging a fee per hour, which covers expenses such as fuel, insurance, maintenance, and depreciation. While the primary focus is on providing airplane access, the association does not have a publicly stated mission or vision beyond this service. It should be noted that the organization's mission is centered around facilitating flying experiences for its members.


Official website here: www.bradleyflying.org

What is the revenue of Bradley Flying Association?

Bradley Flying Association's revenue in 2023 was $392,693.


Official website here: www.bradleyflying.org

Who are the executives of Bradley Flying Association and what are their salaries?

The average compensation at Bradley Flying Association during 2023 was $5,520. There is 1 employee and 7 volunteers at Bradley Flying Association.

Here are 7 key members and their salaries:


Vince Stubbs (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Wilbur (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Klise (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Lake (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Taylor Hartseil (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Neff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Rex (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bradleyflying.org

Where can I find the form 990 for Bradley Flying Association?

Bradley Flying Association's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.bradleyflying.org

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

Mission Statement of Bradley Flying Association

The Bradley Flying Association, as an organization, is committed to providing its members with an exclusive privilege: access to its two aircrafts. At the heart of its mission, the association aims to cater to its 85 active members by charging a fee per hour to cover various expenses, including fuel, insurance, maintenance, and depreciation. This fee-based system ensures the association can sustain and maintain its aircrafts, enabling members to enjoy the thrill and convenience of flying.

In essence, the Bradley Flying Association serves as a hub for aviation enthusiasts, offering them the rare opportunity to experience the skies at their leisure. By providing access to its two aircrafts, the association fosters a sense of community among its members, enabling them to share in the joy of flying and the thrill of exploration. Through its fee-based model, the association manages to maintain the high standards required for aircraft operation, ensuring its members can fly safely, confidently, and responsibly.

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Impact




October, 2024

The Bradley Flying Association significantly enriches the recreational landscape in Peoria, IL, by providing its 85 active members with access to two airplanes. This unique opportunity allows aviation enthusiasts to engage in flying activities that might otherwise be inaccessible due to the high costs associated with owning and maintaining an aircraft. By charging a per-hour fee, the organization ensures that members can enjoy flying while covering essential costs such as fuel, insurance, maintenance, and depreciation. This model not only promotes aviation as a recreational pursuit but also fosters a sense of community among members who share a passion for flying. Moreover, the association contributes to the local economy by encouraging activities related to aviation and promoting interest in aeronautics within the region.




This information is meant to be a general summary of Bradley Flying Association. 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
$392,693 (2023)
Expenses
$287,214 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $44
  • Program Service Revenue: $391,149
  • Gross Receipts: $392,693

Assets and Liabilities:

  • Total Assets: $281,288
  • Total Liabilities: $0
  • Net Assets: $281,288

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Programs

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

Membership Dues & Assessments

Revenue

$81,849

PROGRAM SERVICE REVENUE

Revenue

$309,300

Organization Details

Principal Officer

Vince Stubbs

NTEE Category

Code: N60 - Recreation

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