Valley Aero Club Inc in Bay City, Michigan (MI)
Table of contents:
| Valley Aero Club Inc | |
| Employer Identification Number (EIN) | 383272322 |
| Name of Organization | Valley Aero Club Inc |
| In Care of Name | Charles E Binder |
| Address | PO BOX 74, Bay City, MI 48707-0074 |
| Subsection | Charitable Organization |
| Ruling Date | 07/2004 |
| Deductibility | Contributions are deductible |
| Foundation | Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $10,000 to $24,999 |
| Income | $10,000 to $24,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $15,843 |
| Amount of Income | $11,026 |
| Form 990 Revenue Amount | $5,729 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: History Museums |
Non-representatives - add comments:
Amount of income in 2013: $11,026 (it was $11,822 in 2012)
| Valley Aero Club Inc: | $11,026 |
| Other organizations performing similar types of work: | $42,230 |
Assets in 2013: $15,843 (it was $13,460 in 2012)
| Valley Aero Club Inc: | $15,843 |
| Other organizations performing similar types of work: | $110,927 |
Expenses in 2013: $3,346
| This organization: | $3,346 |
| Other organizations performing similar types of work: | $32,454 |
Income to expenses ratio in 2013: 3.3
| This organization: | 3.3 |
| Other organizations performing similar types of work: | 1.6 |
Grants share in income in 2013: 37.6%
| Valley Aero Club Inc: | 37.6% |
| Other organizations performing similar types of work: | 27.1% |
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $8,127 | $7,465 | $5,729 |
| Contributions, gifts, grants, and similar amounts received | $2,168 | $1,540 | $2,152 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $1,260 | $840 | $690 |
| Investment income | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $4,699 | $5,085 | $2,887 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $9,867 | $9,442 | $8,184 |
| Less: direct expenses from gaming and fundraising events | $5,168 | $4,357 | $5,297 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $3,006 | $3,206 | $3,346 |
| Total net assets | $9,201 | $13,460 | $15,843 |
| Excess/Deficit for the year | $5,121 | $4,259 | $2,383 |
| Net assets or fund balances at beginning of year | $4,080 | $9,201 | $13,460 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $13,460 | $15,843 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $9,201 | $13,460 | $15,843 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $9,201 | $13,460 | $15,843 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2) |
| Number of organizations supported | 1 |
| Sum of amounts of support | $572 |
| Write your review! |
|
|
| Recently Added Reviews |
Blue Water Pregnancy Care Center in Port Huron, MI
  |
|
Knights Of The Road Motorcycle Club in Detroit, MI
|
| Oakland County Bible Students Inc in Clawson, MI |
Mich Volunteer Legionary Corps Of Artillery in Owosso, MI
 |
|
Ludington Recreation Soccer Board, Ludington Soccer Club in Ludington, MI
|
| Clinton River Ski Club in Boyne City, MI |
|
Rabbit & Small Animal Rescue in Westland, MI
|
|
Prison Legal Services Of Michigan Inc in Jackson, MI
|
|
Special Dreams Farm in New Baltimore, MI
|
|
Believers Community Outreach Center in Macomb Township, MI
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Walter P Chrysler Museum Foundation | One Chrysler Drive Cims 488-00-00, Auburn Hills, MI 48326 | MI | 2008-07 | $524,609 |
| 2 | Zlotoff Foundation | 280 Daines St Ste 300, Birmingham, MI 48009-6246 | MI | 2005-12 | $349,094 |
| 3 | Back To The Bricks Inc | 7377 New Hampshire Dr, Davison, MI 48423-9543 | MI | 2012-03 | $269,070 |
| 4 | Vicksburg Historical Society | PO BOX 103, Vicksburg, MI 49097-0103 | MI | 2004-05 | $239,124 |
| 5 | Eastend Studio And Gallery | 143 W Michigan Ave # 145, Marshall, MI 49068-1521 | MI | 2010-05 | $171,922 |
| 6 | Uss Lst 393 Preservation Association Inc | 560 Mart Street, Muskegon, MI 49440-1044 | MI | 2006-05 | $140,672 |
| 7 | Warbirds Of Glory Museum | 2387 Doris Dr, Brighton, MI 48114-8908 | MI | 2014-09 | $125,865 |
| 8 | Olive Township Historical Society | 6480 136th Avenue, Holland, MI 49424 | MI | 2006-02 | $85,906 |
| 9 | Ypsilanti Automotive Heritage Museum | 100 E Cross St, Ypsilanti, MI 48198-2936 | MI | 2004-06 | $82,101 |
| 10 | Northport Area Heritage Association | Po Box 453, Northport, MI 49670 | MI | 2004-05 | $64,899 |
| 11 | Up Steam & Gas Engine Association Inc | PO BOX 954, Escanaba, MI 49829-0954 | MI | 1998-09 | $59,680 |
| 12 | Wills Sainte Claire Museum | 2408 Wills St, Marysville, MI 48040-1978 | MI | 2001-06 | $25,705 |
| 13 | Clare County Historical Society Inc | 3062 E Collomville Road, Clare, MI 48617 | MI | 1997-07 | $12,525 |
| 14 | Naval Air Station Grosse Isle Veterans Organization Inc | 35663 Banbury Rd, Livonia, MI 48152 | MI | 2013-10 | $11,982 |
| 15 | Valley Aero Club Inc | PO BOX 74, Bay City, MI 48707-0074 | MI | 2004-07 | $11,026 |
| 16 | Farwell Area Historical Museum | Po Box824, Farwell, MI 48622 | MI | 2005-03 | $5,178 |
| 17 | Ann Arbor Railroad Technical & Historical Association Incorporate | Po Box 1691, Holland, MI 49422-1691 | MI | 2014-03 | $0 |
| 18 | Bangor Historical Society | Po Box 25, Bangor, MI 49013 | MI | 2009-12 | $0 |
| 19 | Battle Creek Regional History Museum | 307 Jackson Street West, Battle Creek, MI 49037 | MI | 2014-11 | $0 |
| 20 | Bcr Railroad Inc | Po Box 445 - 1651 Kingsway Ct, Trenton, MI 48183-0445 | MI | 2007-05 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 2,375 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Valley Aero Club Inc »
Non-representatives - add comments about Valley Aero Club Inc»