Illinois Valley Flying Club

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

EIN: 371215071 ✦ Peru, IL ✦ Designated as a 501(c)(7)

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Overview

What is Illinois Valley Flying Club?

The Illinois Valley Flying Club is a nonprofit organization that offers its members the opportunity to rent aircrafts that belong to the club. This service ensures affordable and reliable access to aircrafts, thereby enhancing the enjoyment of flying for its members. The club owns these aircrafts and makes them available for rent, thereby offering a cost-effective solution for its members' aviation needs. The club's mission revolves around providing this service, thereby promoting the joy and experience of flying among its members.

Is Illinois Valley Flying Club legitimate?

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

What is the mission statement of Illinois Valley Flying Club?

The Illinois Valley Flying Club's mission is centered around providing its members with the opportunity to rent aircraft at an affordable and reliable rate. This service enables members to enjoy flying activities, ensuring they have access to reliable aircraft for their leisure. The club's mission aims to cater to the aviation needs of its members, offering them the chance to rent airplanes for their personal use.

What is the revenue of Illinois Valley Flying Club?

Illinois Valley Flying Club's revenue in 2023 was $158,818.

Who are the executives of Illinois Valley Flying Club and what are their salaries?

Here are 6 key members and their salaries:


Charles Studer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Corneglio (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwight Furleigh (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mikayla Downey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Hearn (Maintenance Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Goetz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Illinois Valley Flying Club?

Illinois Valley Flying Club's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Illinois Valley Flying Club

The Illinois Valley Flying Club, as an organization, provides its members with the opportunity to rent airplanes that are owned by the club. This initiative allows for affordable and reliable aircraft access, thereby fostering the enjoyment of flying among its members. By offering airplane rentals, the club caters to the needs of its members, ensuring they have the means to fly at their leisure.

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Impact




October, 2024

The Illinois Valley Flying Club significantly enriches the local community by providing accessible opportunities for flying enthusiasts. By offering affordable and reliable aircraft rentals, the club enhances recreational experiences for its members, allowing individuals to pursue their passion for aviation without the burdensome costs typically associated with owning a plane. This accessibility encourages a thriving community of aviation lovers in Peru, IL, fostering friendships and networking among members who share a common interest. Moreover, the flying club acts as a hub for education and skill development, helping newcomers to learn the art of flying and experienced pilots to hone their skills, thereby contributing to overall aviation safety and expertise in the region.




This information is meant to be a general summary of Illinois Valley Flying Club. 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
$158,818 (2023)
Expenses
$139,814 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $89
  • Program Service Revenue: $110,074
  • Gross Receipts: $167,356

Assets and Liabilities:

  • Total Assets: $239,546
  • Total Liabilities: $15,949
  • Net Assets: $223,597

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Organization Details

Principal Officer

Charles Studer

NTEE Category

Code: N50 - Recreation

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