Overview
What is Vrb Hangars Inc?
Vrb Hangars Inc is a nonprofit organization that primarily focuses on maintaining common grounds leased by the organization and ensuring the payment of related expenses such as ground rent, real estate taxes, and insurance. Their mission is to safeguard the rights and interests of their members and their families, going beyond this core responsibility to engage in activities that benefit them in the best possible manner.
Is Vrb Hangars Inc legitimate?
Vrb Hangars Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Vrb Hangars 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
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What is the mission statement of Vrb Hangars Inc?
Vrb Hangars Inc's mission is centered around providing necessary facilities and resources to maintain its common grounds, covering expenses such as ground rent, property taxes, and insurance. Additionally, the organization is committed to acting in the best interests of its members and their families, undertaking any activities that could safeguard their rights. This could encompass a wide range of initiatives, all aimed at benefiting the members and their families.
Who is the CEO of Vrb Hangars Inc?
Michael Sigillito is the Trustee/Dire of Vrb Hangars Inc.
What is the revenue of Vrb Hangars Inc?
Vrb Hangars Inc's revenue in 2023 was $118,161.
Who are the executives of Vrb Hangars Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Vrb Hangars Inc?
Vrb Hangars Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Vrb Hangars Inc
Vrb Hangars Inc, as a nonprofit organization, is dedicated to providing a means to maintain the common ground it leases, pay related taxes and insurance, and carry out any activities that safeguard the rights and interests of its members and their families. Essentially, Vrb Hangars Inc serves to facilitate the necessary upkeep of its leased property and ensure the well-being of its member-community. By performing these duties, the organization demonstrates its commitment to protecting the rights and ensuring the best interests of its members and their families.
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Impact
October, 2024
Vrb Hangars Inc plays a crucial role in maintaining the integrity and functionality of shared aviation facilities in Vero Beach, Florida. By managing maintenance, ensuring timely payment of ground rent, real estate taxes, and insurance for the common areas, the organization fosters a well-maintained environment that benefits its members and their families. This support not only protects their immediate rights but also enhances the overall value of the aviation community.
The activities carried out by Vrb Hangars Inc promote a sense of collective responsibility and collaboration among members, ensuring that the shared facilities are safe and accessible for recreational use. The focus on the best interests of the community nurtures a positive atmosphere where aviation enthusiasts can thrive, encouraging increased participation in recreational activities. This, in turn, can lead to economic benefits for the local area, promoting tourism and supporting local businesses related to aviation and recreation.
Overall, Vrb Hangars Inc’s impact extends beyond mere facility management; it is instrumental in fostering a vibrant community and safeguarding the rights and interests of its members.
This information is meant to be a general summary of Vrb Hangars 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $3,532
- Gross Receipts: $118,161
Assets and Liabilities:
- Total Assets: $27,476
- Total Liabilities: $0
- Net Assets: $27,476
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Organization Details
Founding Year
1997
Phone
(317) 292-1563Principal Officer
Michael Sigillito
Main Address
3001 FLIGHT SAFETY DRIVE, VERO BEACH, FL, 32960
NTEE Category
Code: N9 - Recreation
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