2024-04-23T14:51:56-07:00 2023-12-31 990EZ 2023-01-01 141577792 GRASSHOPPER FLYING CLUB INC GRAS 8455979575 South Road Branch PO Box 1956 Poughkeepsie NY 126010956 William Kelley Treasurer 8455979575 2024-04-23 William Kelley 999009999 1 1 11 0 AAL2 2023 2023-04-26 12:10:37Z X X www.grasshopperflyingclub.com X X 108206 X 0 51364 56830 12 0 0 0 0 0 0 0 0 0 0 0 108206 0 0 0 0 217745 3615 779 222139 -113933 338666 -5636 219097 X 140701 26768 0 0 308000 308000 448701 334768 110035 115671 338666 219097 Share ownership and maintenance costs for three older model Cessna 172 aircraft. Advance pilot safety and skills in aviation through the ownership and maintenance of aircraft to FAA standards by sharing ownership in the Grasshopper Flying Club. The number of members varies from year to year but consisted of 58 pilots for most of this year. The club owns and operates three older model Cessna 172 aircraft for the use of its members. 0 222139 222139 William Greenage President 7 0 0 0 Mark Zych Vice-President 2 0 0 0 Mark Nelson Secretary 2 0 0 0 William Kevin Kelley Treasurer 7 0 0 0 Ronald Cook Maintenance Officer 2 0 0 0 Jeffrey Bulson Avionics Officer 1 0 0 0 Sean Murphy Safety officer 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 William Kevin Kelley 25 Hilltop Drive Wappingers Falls NY 125903613 8455979575 0 0 0 0 0 0 0 0 Form 990-EZ, Part I, Line 16 Much less than previous years because we did not hold our annual aircraft washing and waxing event and we did not provide any meeting food. We do rent a storage room at our airport to store oil and other aircraft maintenance items. Form 990-EZ, Part I, Line 20 We began replacing all three of our aircraft engines (as they reach end-of-life) in 2022 with the first engine replaced in 2022 and a deposit placed in 2022 for a second engine to be replaced in 2023. We had expected to place the deposit for the third engine in 2023 and replace the third engine in 2024. However, we were unable to get a committed delivery date in 2024 for the third engine but an engine was to become available June 2023. We decided to take the third engine early and replaced BOTH the second and third engines in 2023 at a cost (in 2023) of approximately $169,000. Fortunately we had the funds set aside for this but it severely depleted our savings. We expect the new engines to increase the valuations of our aircraft when our insurance renews in 2024. Form 990-EZ, Part II, Line 24 As explained earlier, we replaced two of our three aircraft engines in 2023. We expect our insurance company Avemco Insurance Company to increase their valuation of our aircraft when our insurance policy renews in 2024. Form 990-EZ, Part II, Line 26 We had an average of 58 members during 2023 but did experience some turnover as well as members changing their active/inactive status.