2025-03-12T08:26:34-07:00 2024-12-31 990EZ 2024-01-01 752333666 Aero Valley Property Owners Association AERO 6822379039 132 Boeing Way Roanoke TX 76262 Bob Smith Treasurer 2025-03-12 true 2024 2025-03-06 01:10:19Z X X www.fly52f.org X X 174988 X 160162 14826 0 0 0 0 174988 32533 16986 386 79289 129194 45794 71777 117571 X 56825 102149 16204 15422 73029 117571 1252 71777 117571 Aero Valley Property Owners Association is an organization operating exclusively for the promotion of social welfare. The organiation maintains and oversees the runways, taxiways, and common grounds of a public airport used by the general public of several rural communities in the state of Texas. Maintenance and management of these airport facilities greatly serves to promote the improvement of the welfare of these communities. To govern and manage Northwest Regional Airport for the benefit of all properties within airport boundaries under the authority of the deed restrictions and the association's bylaws. To acquire and maintain property and facilities for the use, enjoyment, and benefit of individuals who reside within the geographic area served by the association as may be established by the board of directors pursuant to the association's bylaws. To promote and encourage the use, operation, and maintenance of Northwest Regional Airport for the benefit of the geographic area served by the airport, and established by the board of directors, and for the benefit of users of the airport, including the flying public, as deemed appropriate by the board. To acquire other properties and construct buildings for such purposes To engage in all types of activities not prohibited by law that will promote better citizenship among its members and stimulate educational and other activities as will raise the standards of civic morality and community welfare. To promote and foster mutual understanding, goodwill, and a safe, healthy, and sanitary environment and to disseminate such knowledge as may be useful for its members in their work, leisure, and home life, as such, make them more proficient in their activities as citizens and residents of the state of Texas. Larry Martin Director 5.00 0 Carey Sharp Director 5.00 0 Eric Branyan President 5.00 0 Mark Ridel Director 5.00 0 Mike Love Director 5.00 0 Scott Toornburg Director 5.00 0 Bob Smith Treasurer 5.00 0 false false false false false false false 0 0 0 false 0 0 false Bob Smith Treasurer 132 Boeing Way Roanoke TX 76262 6822379039 false false false false false false false false NONE NONE Other Expenses.1002 Office Expenses $167 Other Expenses.1003 Information Technology $771 Other Expenses.1009 Depreciation $4998 Other Expenses.1012 Insurance $4352 Other Expenses.1 Runway Drainage $35652 Other Expenses.2 Contract Labor $24000 Other Expenses.3 Repairs $4395 Other Expenses.4 Merchant Fees $2416 Other Expenses.5 Runway Re-Seal $2041 Other Expenses.6 Bank Fees $495 Other Expenses.8 Rounding $2 Other Assets.1003 Machinery and Equipment - Beginning $16204 Machinery and Equipment - Ending $15422 Total Liabilities.1 2020 Synchrony Bank - Beginning $1252 2020 Synchrony Bank - Ending $0