2025-04-05T22:11:08-07:00 2024-12-31 990EZ 2024-01-01 521010428 SKY-HI INC SKY- 4346021701 5706 Mil Run Place Frederick MD 21703 Scot Shealer Secretary-Treasurer 4346021701 2025-04-05 1 2024 2025-03-06 01:10:19Z X X www.skyhiflyingclub.org X X 50632 X 0 0 30704 0 0 0 0 0 0 0 0 0 0 0 19928 50632 0 0 0 0 5730 127 28665 34522 16110 139984 -5801 150293 X 41767 56211 0 0 107663 104129 149430 160340 9446 10047 139984 150293 The founding members of Sky-Hi joined together in 1972 to purchase an airplane and to form a social flying club to pursue a pilot certificate and additional ratings at economical rates. The organization continues to be guided in the spirit of the founding members by meeting on a regular basis for education, fellowship, to work on the airplane and to use the airplane for pleasure, recreation, and other non-profitable purposes in accordance with Revenue Ruling 74-30. Work on the airplane - In accordance with Federal Aviation Regulations, members performed preventative maintenance on the airplane and participated in the owner-assisted annual inspection to help minimize costs. Airplane for Recreation and Pleasure - Members flew the club airplane more than 150 flight hours during the year for a variety of non-commercial purposes. The Plane Improvement Committee researched member-suggested upgrades to the airplane that would improve safety and help to protect the club's largest asset. Fellowship - Members and their guests gathered together during the year for various social events including cookouts and movie night. 0 Larry Jarkey President 4 0 0 0 Greg Gillen Vice-President 5 0 0 0 Scot Shealer Secretary-Treasurer 4 0 0 0 0 0 0 0 0 0 0 0 7200 0 0 Scot Shealer 5706 Mill Run Place Frederick MD 21703 4346021701 0 0 0 0 0 0 0 0 Form 990-EZ, Part I, Line 8 Flying time, Capital Improvement Fund, Avionics Loan Payments, Cashback Rewards, Earned Interest Form 990-EZ, Part I, Line 16 Insurance, Fuel, Oil, Maintenance, Repairs, Supplies, Subscriptions Form 990-EZ, Part I, Line 20 Decrease in Aircraft Fair Market Value and Reserve Fund Adjustments Form 990-EZ, Part II, Line 24 Aircraft Fair Market Value (FMV) Form 990-EZ, Part II, Line 26 Annual Inspection, Insurance, Hangar Rent, Credit Card, Subscriptions