Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990-EZ, PART I, LINE 8 | RENTAL INCOME 6,485 INSURANCE RECOVERY 1,584 REFUNDS 500 LATE OR PENALTY FEE 500 EQUIPMENT SALES 375 MERCHANDISE SALES 60 TOTAL 9,504 |
| FORM 990-EZ, PART I, LINE 16 | EXPENSES ADMIN CHARGE FEE 4,619 FOOD & DRINK EXP 1,809 OFFICE SUPPLIES AND EXPENSE 4,449 SHIPPING AND HANDLING EXPENSE 225 TRIP/TRAVEL EXPENSE 50 LODGING EXPENSE 1,379 LOAN INTEREST 2,138 EQUIPMENT 638 REFUNDS 189 CLOTHING EXPENSE 731 SALES TAX EXPENSE 45 ENTRY FEE EXPENSE 1,770 COMPUTER HARDWARE - LESS 295 MERCHANDISE EXPENSE 45 FINE OR PENALTY FEE 13 MISCELLANEOUS EXP 328 NON-INVESTMENT DEPRECIATION 33,342 TOTAL 52,065 |
| FORM 990-EZ, PART II, LINE 24 | AIRCRAFT 138,369 138,369 LESS ACCUMULATED DEPRECIATION 57,202 90,544 TOTAL 81,167 47,825 |
| FORM 990-EZ, PART II, LINE 26 | UNSECURED NOTES AND LOANS PAYABLE 32,362 8,450 |
| FORM 990-EZ, PART III | TO PROVIDE FOR ITS MEMBERS A CONVENIENT MEANS FOR PRIVATE FLYING AND INSTRUCTION AT ECONOMICAL RATES. AS OF JUNE 30, 2018, OUR MEMBERSHIP TOTALED 115 MEMBERS. FLIGHT HOURS FOR THE FYE 2018 YEAR TOTALED 1750 HOURS. |
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