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Employer Identification Number 41-1883296

MINNESOTA SOARING CLUB is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:MINNESOTA SOARING CLUB
Employer identification number (EIN):41-1883296
EIN Issuing AuthorityPhiladelphia, PA
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementMSC IS A NON-PROFIT ORGANIZATION, OPEN TO THE PUBLIC, WHICH FOCUSES ON FLIGHT TRAINING EDUCATION ACTIVITIES. THE PROGRAM SERVICE AND MAJOR OBJECTIVES OF MSC ARE: (A) TO TRAIN STUDENT PILOTS, (B) TO ENABLE MEMBERS WHO HAVE ACHIEVED PILOT LICENSES TO PRACTICE THE SPORT IN A SAFE AND PROFICIENT MANNER, AND (C) TO ENABLE MEMBERS TO HAVE SUFFICIENT ONGOING EXPERIENCE TO MAINTAIN SKILLS AND CURRENCY AS REQUIRED BY THE FEDERAL AVIATION AGENCY.
Number of Employees0
Number of Volunteers84
Year Formed1960

Organization Governance

Legal DomicileMN
Voting Members - Governing Body71
Voting Members - Independent71

Organization Financials

2023-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 41,340
Program Service Revenue from current yearUSD $ 49,908
Investment Income from prior yearUSD $ 48,000
Investment Income from current yearUSD $ 108,000
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 209,202
Net assets / fund balances at end of fiscal yearUSD $ 112,625
Net assets / fund balances at beginning of fiscal yearUSD $ 66,728
Total liabilities at end of fiscal yearUSD $ 83,335
Total liabilities at beginning of fiscal yearUSD $ 188,106
Total assets at end of fiscal yearUSD $ 195,960
Total assets at beginning of fiscal yearUSD $ 254,834
Revenues less expenses for current yearUSD $ 45,897
Revenues less expenses for previous yearUSD $ 109,257
Total expenses for current yearUSD $ 163,305
Total expenses for previous yearUSD $ 137,050
Other expenses in current yearUSD $ 156,869
Other expenses in previous yearUSD $ 131,323
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 6,436
Benefits paid to or for members in previous yearUSD $ 5,727
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 209,202
Total revenue in previous fiscal yearUSD $ 246,307
Contributions and grants from current yearUSD $ 51,294
Contributions and grants from previous yearUSD $ 156,967
Revenue from membership duesUSD $ 51,269
2022-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 41,340
Investment Income from current yearUSD $ 48,000
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 246,307
Net assets / fund balances at end of fiscal yearUSD $ 66,728
Net assets / fund balances at beginning of fiscal yearUSD $ -42,529
Total liabilities at end of fiscal yearUSD $ 188,106
Total liabilities at beginning of fiscal yearUSD $ 188,322
Total assets at end of fiscal yearUSD $ 254,834
Total assets at beginning of fiscal yearUSD $ 145,793
Revenues less expenses for current yearUSD $ 109,257
Total expenses for current yearUSD $ 137,050
Other expenses in current yearUSD $ 131,323
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 5,727
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 246,307
Contributions and grants from current yearUSD $ 156,967
Revenue from membership duesUSD $ 37,253
2021-12-31
Gross receipts from all sourcesUSD $ 152,430
Net assets / fund balances at end of fiscal yearUSD $ 69,321
Net assets / fund balances at beginning of fiscal yearUSD $ 54,275
Contributions, Grants, Gifts etc from current yearUSD $ 84,532
Total revenueUSD $ 152,430
Fees and other payments to independent contractorsUSD $ 1,878
Total of all other expensesUSD $ 10,110
Total of all expensesUSD $ 159,806
Net assets or fund balances at end of yearUSD $ -7,376
Revenue from membership duesUSD $ 37,008
Rent, utilities and maintenance costsUSD $ 141,715

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 411883296

USA Mailing Address
1235 HWY 19 BLVD
STANTON
MN
55018
Date first seen: 2014-01-01
Date last seen: 2024-07-30

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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