2018-11-13T15:43:04-06:00 2017-12-31 410746749 CLIFTONLARSONALLEN LLP 402 SOUTH KENTUCKY AVENUE SUITE 600 LAKELAND FL 33801 990 2017-01-01 320463941 LAKELAND AERO CLUB INC LAKE 9419158883 3952 JAMES C RAY DRIVE LAKELAND FL 33811 MICHAEL ZIDZIUNAS PRESIDENT 9419158883 2018-11-13 1 LAUREN BALLARD CPA P01451787 8636805600 2018-11-11 67.137.57.251 2018-11-13 11:50:03 ES P 6DDA54EA556A281A3BC6813436C812994A730E40 DE7838AFFED52625654E7EB43DBCD806CFD0FF8B 2017 2019-02-21 02:37:17Z MICHAEL ZIDZIUNAS 3952 JAMES C RAY DRIVE LAKELAND FL 33811 390866 0 X WWW.LAKELANDAEROCLUB.ORG X 2011 FL TO INSPIRE HIGH SCHOOL STUDENTS TO PURSUE A FUTURE IN AVIATION 3 3 2 27 0 0 444258 272207 0 0 0 26997 1867 11159 446125 310363 771 0 0 0 61253 104959 0 0 13695 156515 196518 218539 301477 227586 8886 326699 378950 0 4503 326699 374447 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 260395 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 TWENTY-FOUR, 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. THE LAKELAND AERO CLUB EXISTS TO PROVIDE AN OPPORTUNITY FOR LOCAL YOUTH TO GET INVOLVED AND MAKE A FUTURE IN AVIATION. THERE WERE APPROXIMATELY 40-65 STUDENTS IN THE CLUB IN 2017. 260395 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 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 2 1 0 0 0 0 0 0 0 0 0 1 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 FL X ANGELA HERRINGTON 9419158883 3952 JAMES C RAY DRIVE LAKELAND FL 33811 PETE VAN SPRONSEN CHAIRMAN 0.25 X X 0 0 0 JOHN WALSH SECRETARY 0.25 X X 0 0 0 HARLEY RICHARDS TREASURER 0.25 X X 0 0 0 MICHAEL ZIDZIUNAS PRESIDENT 40.00 X 65000 0 0 DONOVAN RICHARDS VICE PRESIDENT 40.00 X 32500 0 0 97500 0 0 0 0 0 0 0 2170 270037 83445 272207 107500 80503 26997 26997 26997 MISCELLANOUS INCOME 900099 11159 11159 11159 310363 0 0 38156 97500 82875 9750 4875 7459 6340 746 373 25773 21907 2577 1289 2044 2044 9537 8107 953 477 13677 11625 1368 684 5410 4598 542 270 91474 77753 9147 4574 14652 12454 1465 733 AIRCRAFT PARTS/SUPPLIES 25546 25546 DUES & SUBSCRIPTIONS 1202 1022 120 60 7203 6124 719 360 301477 260395 27387 13695 29095 41463 50704 418040 131257 297604 286783 326699 378950 4503 0 4503 X 326699 374447 326699 374447 326699 378950 8886 38862 0 X 0 0 0 X 118535 444258 272207 835000 118535 444258 272207 835000 581279 253721 1867 11159 13026 848026 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2016 AMOUNT: $ 1,867. 2017 AMOUNT: $ 11,159. 418040 131257 286783 286783 X SIMULATOR 1 77045 FMV X LIGHT SPEED HEADSETS 1 6400 FMV 0 0 0 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.