2024-08-13T11:21:04-05:00 2023-09-30 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 900 ORLANDO FL 32801 990 2022-10-01 320463941 LAKELAND AERO CLUB INC LAKE 8636442431 3952 JAMES C RAY DR LAKELAND FL 33811 TIM WELLS CHAIRMAN, SECRETARY 8636442431 2024-08-12 1 1 TINA HENTON P00630282 4078021200 2024-08-12 2022 2024-08-08 14:25:15Z MICHAEL ZIDZIUNAS 3952 JAMES C RAY DR LAKELAND FL 33811 315352 0 X WWW.LAKELANDAEROCLUB.ORG X 2015 FL TO INSPIRE HIGH SCHOOL STUDENTS TO PURSUE A FUTURE IN AVIATION. 5 4 5 45 0 0 343225 258751 7535 16601 0 23832 17 0 350777 299184 17804 21836 0 0 118462 132584 0 0 10390 173170 148865 309436 303285 41341 -4101 425817 423224 4195 5639 421622 417585 X THE MISSION OF THE LAKELAND AERO CLUB IS TO PROVIDE OPPORTUNITIES FOR TODAY'S YOUTH WITH HANDS ON EXPERIENCE IN RESTORING, MAINTAINING, AND FLYING ANTIQUE GENERAL AVIATION AIRPLANES, ALL TO AID IN MAKING TOMORROW'S GREATEST AVIATOR'S, TODAY! 0 0 267620 21836 16601 THE LAKELAND AERO CLUB IS A HIGH SCHOOL FLYING CLUB THAT TEACHES HIGH SCHOOL AND COLLEGE AGE STUDENTS HOW TO FLY AND RESTORE ANTIQUE AIRPLANES. MEMBERS OF THE CLUB HAVE THE ABILITY TO RECEIVE HANDS ON EXPERIENCE IN ANY ASPECT OF AVIATION THEY SO DESIRE. MEMBERSHIP IS AVAILABLE TO ANY HIGH SCHOOL OR COLLEGE STUDENT WITHIN THE AGES OF FOURTEEN AND NINTEEN, WHO EXPRESS AN INTEREST IN AVIATION, ARE OF GOOD MORAL CHARACTER, AND ARE ACADEMICALLY ACHIEVING. MEMBERS OF THE LAKELAND AERO CLUB ARE PRIMARILY RESPONSIBLE FOR MAINTAINING THE CLUB'S AIRCRAFT, MAINTAINING THE CLUB'S FACILITY, AND MAINTAINING THE CLUB'S REPUTATION UNDER THE SUPERVISION OF CERTIFIED AIRCRAFT MECHANICS. THE LAKELAND AERO CLUB EXISTS TO PROVIDE AN OPPORTUNITY FOR LOCAL YOUTH TO GET INVOLVED AND MAKE A FUTURE IN AVIATION. THERE WERE APPROXIMATELY 45 STUDENTS IN THE CLUB IN 2022. 267620 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 FL X TRACY T NEAL 8639044014 4175 MEDULLA ROAD LAKELAND FL 33811 MIKE ZIDZIUNAS PRESIDENT 40.00 X X 65000 0 0 ADAM LAKE VICE PRESIDENT 2.00 X X 0 0 0 CHUCK BROWN TREASURER 2.00 X X 0 0 0 TIM WELLS CHAIRMAN, SECRETARY 2.00 X X 0 0 0 JAMIE BECKET MEMBER AT LARGE THRU 8/2023 2.00 X 0 0 0 DAVID LEITING JR MEMBER AT LARGE 2.00 X 0 0 0 65000 0 0 0 0 0 0 0 3460 10017 245274 258751 AIRCRAFT RESTORATION 811000 16601 16601 16601 40000 16168 23832 23832 23832 299184 16601 0 23832 21836 21836 66000 56100 6600 3300 57162 48587 5717 2858 9422 8009 942 471 1911 1624 191 96 3403 2893 340 170 14225 12091 1422 712 15274 12983 1527 764 5419 4606 542 271 34972 29727 3497 1748 18752 18752 AIRCRAFT PARTS & FUEL 30586 30586 SHOP EXPENSES 13875 13875 DUES & SUBSCRIPTIONS 5617 2808 2809 FOOD 1923 961 962 2908 2182 726 303285 267620 25275 10390 14259 10020 2551 2028 787474 376298 409007 411176 425817 423224 4195 5639 4195 5639 X 0 0 0 0 421622 417585 421622 417585 425817 423224 -4101 64 0 X 0 0 0 X 215417 198495 239644 343225 258751 1255532 7186 5493 3081 7535 16601 39896 222603 203988 242725 350760 275352 1295428 10000 10000 10020 173667 100000 303687 0 10000 10000 10020 173667 100000 303687 991741 49102 17 49119 222603 203988 291827 350777 275352 1344547 0.73760 0.79640 0.00000 0.00000 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2020 AMOUNT: $ 49,102. 2021 AMOUNT: $ 17. PART II, COLUMN E: THE ORGANIZATION'S FISCAL YEAR END WAS CHANGED FROM DECEMBER 31 TO SEPTEMBER 30 BEGINNING JANUARY 1, 2019. SCHEDULE A REFLECTS THE SHORT YEAR ENDING SEPTEMBER 30, 2019 UNDER THE COLUMN HEADING FOR 2018 TO ALLOW FOR THE CORRECT REPORTING OF SUBSEQUENT YEARS UNDER THE APPROPRIATE COLUMN. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 134628 14481 120147 475685 361817 113868 177161 177161 411176 0 FLIGHT SCHOOL TRAINING/SCHOLARSHIPS 6 21836 N/A N/A FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF DIRECTORS MAY ESTABLISH COMMITTEES FROM AMONG ITS MEMBERSHIP AND, SUBJECT TO ANY LIMITATIONS IMPOSED BY LAW, SHALL VEST IN SUCH COMMITTEES SUCH POWERS AND DUTIES AS THE BOARD OF DIRECTORS SHALL THINK PROPER. FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE COPY OF THE FORM 990 WILL BE PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST IS AN INTERESTED PERSON. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. THE MINUTES OF THE GOVERNING BOARD AND ALL COMMITTEES WITH BOARD DELEGATED POWERS SHALL CONTAIN: THE NAMES OF ALL PERSONS WHO DISCLOSED OR OTHERWISE WERE FOUND TO HAVE A FINANCIAL INTEREST IN CONNECTION WITH AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE NATURE OF THE FINANCIAL INTEREST, ANY ACTION TAKEN TO DETERMINE WHETHER A CONFLICT OF INTEREST WAS PRESENT, AND THE GOVERNING BOARD'S OR COMMITTEE'S DECISION AS TO WHETHER A CONFLICT OF INTEREST IN FACT EXISTED; THE NAMES OF THE PERSONS WHO WERE PRESENT FOR DISCUSSIONS AND VOTES RELATING TO THE TRANSACTION OR ARRANGEMENT, THE CONTENT OF THE DISCUSSION, INCLUDING ANY ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT, AND A RECORD OF ANY VOTES TAKEN IN CONNECTION WITH THE PROCEEDINGS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.