2026-02-18T14:49:04-06:00 2025-06-30 593040705 RIVERO GORDIMER & COMPANY PA 201 N FRANKLIN ST SUITE 2200 TAMPA FL 33602 990 2024-10-01 320463941 LAKELAND AERO CLUB INC LAKE 8636442431 4075 JAMES C RAY DRIVE LAKELAND FL 33811 JULIE EHNLE CFO 8639044014 2026-02-18 1 1 JULIE DAVIS P00176817 8138757774 2024 2025-03-06 01:10:19Z JULIE EHNLE 4075 JAMES C RAY DRIVE LAKELAND FL 33811 385360 0 X WWW.LAKELANDAEROCLUB.ORG X 2015 FL TO INSPIRE HIGH SCHOOL STUDENTS TO PURSUE A FUTURE IN AVIATION. 3 3 5 0 0 0 283540 250904 29297 2793 0 131663 0 0 312837 385360 20783 7571 0 0 139732 61813 0 0 9997 163222 196035 323737 265419 -10900 119941 407592 537595 907 10969 406685 526626 THE MISSION OF THE LAKELAND AERO CLUB IS TO PROVIDE OPPORTUNITIES FOR TODAY'S YOUTH WITH HANDS-ON EXPERIENCE IN REPAIRING, MAINTAINING, AND FLYING ANTIQUE GENERAL AVIATION AIRPLANES, ALL TO AID IN MAKING TOMORROW'S GREATEST AVIATORS, TODAY! 0 0 225986 7571 2793 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 BETWEEN THE AGES OF FOURTEEN AND NINTEEN, WHO EXPRESSES AN INTEREST IN AVIATION, IS OF GOOD MORAL CHARACTER, AND IS 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. 225986 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 5 1 0 0 0 0 0 0 0 0 0 0 0 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 JULIE EHNLE 8639044014 4075 JAMES C RAY DRIVE LAKELAND FL 33811 X ADAM LAKE VICE PRESIDENT 2.00 X X 0 0 0 CHUCK BROWN PRESIDENT 8.00 X X 0 0 0 DAVID LEITING JR SECRETARY 2.00 X X 0 0 0 0 0 0 0 0 0 0 0 1785 249119 4626 250904 AIRCRAFT RESTORATION 811000 2793 2793 2793 131663 0 131663 131663 131663 385360 2793 0 131663 X 7571 7571 57177 48601 5718 2858 4636 3941 464 231 44700 37995 4470 2235 90 76 10 4 3619 3076 362 181 6380 5423 638 319 6770 5755 677 338 63846 51715 8300 3831 19099 19099 SHOP EXPENSES 29378 29378 REPAIR AND MAINTENANCE 15785 7893 7892 AIRCRAFT PARTS & FUEL 4352 4352 DUES & SUBSCRIPTIONS 1607 804 803 409 307 102 265419 225986 29436 9997 31245 54283 748652 265340 376347 483312 407592 537595 907 10969 907 10969 X 406685 526626 406685 526626 407592 537595 119941 0 X 0 0 0 X 239644 343225 258751 283540 250904 1376064 3081 7535 16601 29297 2793 59307 242725 350760 275352 312837 253697 1435371 0 5020 168667 95000 95000 95000 458687 5020 168667 95000 95000 95000 458687 976684 49102 17 49119 291827 350777 275352 312837 253697 1484490 0.65790 0.70880 0.00000 0.00000 X PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME 2020 AMOUNT: $49,102. 2021 AMOUNT: $17. PART III, SHORT YEAR EXPLANATION: THIS FORM 990 RETURN FOR THE PERIOD OCTOBER 1, 2024, TO JUNE 30, 2025, IS A SHORT-YEAR RETURN. SCHEDULE A 2024 AMOUNTS INCLUDE ACTIVITY FROM OCTOBER 2024 TO JUNE 2025. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 134628 24198 110430 401877 241142 160735 212147 212147 483312 0 FLIGHT SCHOOL TRAINING/SCHOLARSHIPS 8 7571 N/A N/A FORM 990, PART I, LINE B AND HEADING, ITEM A LAKELAND AERO CLUB, INC. HAS CHANGED ITS ACCOUNTING PERIOD FROM A FISCAL YEAR ENDING SEPTEMBER 30 TO A FISCAL YEAR ENDING JUNE 30. AS A RESULT, THIS FORM 990 IS BEING FILED FOR A SHORT PERIOD COVERING OCTOBER 1, 2024, THROUGH JUNE 30, 2025. THIS CHANGE WAS MADE TO BETTER ALIGN THE ORGANIZATION'S FINANCIAL REPORTING WITH OPERATIONAL AND PROGRAMMATIC CYCLES. THE ORGANIZATION HAS COMPLIED WITH IRS REQUIREMENTS FOR CHANGING ITS ACCOUNTING PERIOD AND WILL CONTINUE TO FILE FUTURE RETURNS BASED ON THE NEW FISCAL YEAR ENDING JUNE 30. 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 CONFORMING TO 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 THE 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. FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 37,995. MANAGEMENT AND GENERAL EXPENSES 4,470. FUNDRAISING EXPENSES 2,235. TOTAL EXPENSES 44,700.