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Nonprofit · EIN 04-2743144

AERO CLUB OF NEW ENGLAND

Tax-exempt · BEDFORD, MA 01730

Financials

$97K$109K2022$143K$128K2023$235K$131K2024
Revenue Expenses · by fiscal year end
Financials of AERO CLUB OF NEW ENGLAND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$234,607$131,144$103,463$1,213,354$0$1,213,354
June 30, 2024990$142,771$128,245$14,526$1,029,248$0$1,029,248
June 30, 2023990$97,268$108,847-$11,579$964,970$0$964,970
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$174,421
Membership dues
$24,385
Program service revenue
$27,310
Investment income
$32,876
Net gain from sales of assets
$8,333
Other revenue
$0

Expenses

Grants and similar amounts paid
$52,241
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$8,418
Occupancy
$1,200
Travel
$485
Program services (functional)
$108,676
Management and general (functional)
$18,168
Fundraising (functional)
$4,300

Balance sheet and other

Total assets, start of year
$1,029,248
Total assets, end of year
$1,213,354
Total liabilities, end of year
$0
Net assets, end of year
$1,213,354
Publicly traded securities
$1,023,291
Net assets without donor restrictions
$1,213,354
Gross receipts
$270,256
Employees
0
Volunteers
0
Year formed
1907
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
DAN SCHRAGERDIRECTOR
Trustee or director
0.5$0
KEITH LEONHARDTSECRETARY/DIRECTOR
Trustee or director, Officer
4$0
JOHN GODFREYDIRECTOR
Trustee or director
0.5$0
GARY KEARNEYDIRECTOR
Trustee or director
5$0
GEORGIA PAPPASDIRECTOR
Trustee or director
5$0
JEFF BAUERDIRECTOR
Trustee or director
0.5$0
DAVID MARGOLISDIRECTOR
Trustee or director
0.5$0
DEIRDRE O'CONNORTREASURER/DIRECTOR
Trustee or director, Officer
4$0
RICHARD GHASTINDIRECTOR
Trustee or director
0.5$0
RICK KENINDIRECTOR
Trustee or director
0.5$0
CHARLES BURESDIRECTOR
Trustee or director
0.5$0
DAVID HAMPSONDIRECTOR
Trustee or director
0.5$0
DAVID O'LEARYPRESIDENT/DIRECTOR
Trustee or director, Officer
4$0
DAVID DINEENDIRECTOR
Trustee or director
0.5$0
NICHOLAS MOTLAGHV.P./DIRECTOR
Trustee or director, Officer
3$0
990 for the year ended June 30, 2024: 15 people
NameTitleHours / weekCompensation
DAN SCHRAGERDIRECTOR
Trustee or director
0.5$0
KEITH LEONHARDTSECRETARY/DIRECTOR
Trustee or director, Officer
4$0
JOHN GODFREYDIRECTOR
Trustee or director
0.5$0
GARY KEARNEYDIRECTOR
Trustee or director
5$0
GEORGIA PAPPASDIRECTOR
Trustee or director
5$0
JEFF BAUERDIRECTOR
Trustee or director
0.5$0
DAVID MARGOLISDIRECTOR
Trustee or director
0.5$0
DEIRDRE O'CONNORDIRECTOR
Trustee or director
0.5$0
RICHARD GHASTINDIRECTOR
Trustee or director
0.5$0
RICK KENINDIRECTOR
Trustee or director
0.5$0
CHARLES BURESDIRECTOR
Trustee or director
0.5$0
DAVID HAMPSONPRESIDENT/DIRECTOR
Trustee or director, Officer
4$0
DAVID O'LEARYV.P./DIRECTOR
Trustee or director, Officer
3$0
DAVID DINEENTREASURER/DIRECTOR
Trustee or director, Officer
5$0
NICHOLAS MOTLAGHDIRECTOR
Trustee or director
0.5$0
990 for the year ended June 30, 2023: 16 people
NameTitleHours / weekCompensation
DAN SCHRAGERDIRECTOR
Trustee or director
3.5$0
KEITH LEONHARDTSECRETARY/DIRECTOR
Trustee or director, Officer
4$0
JOHN GODFREYDIRECTOR
Trustee or director
1$0
GARY KEARNEYDIRECTOR
Trustee or director
5$0
GEORGIA PAPPASDIRECTOR
Trustee or director
3$0
JEFF BAUERDIRECTOR
Trustee or director
3$0
NICHOLAS MOTLAGHDIRECTOR
Trustee or director
0.5$0
DEIRDRE O'CONNORDIRECTOR
Trustee or director
0.5$0
RICHARD GHASTINDIRECTOR
Trustee or director
0.5$0
DAVID GRAHAMDIRECTOR
Trustee or director
0.5$0
CHARLES BURESDIRECTOR
Trustee or director
3$0
DAVID HAMPSONPRESIDENT/DIRECTOR
Trustee or director, Officer
10$0
DAVID O'LEARYV.P./DIRECTOR
Trustee or director, Officer
3$0
RICK KENINDIRECTOR
Trustee or director
0.5$0
DAVID MARGOLISDIRECTOR
Trustee or director
0.5$0
DAVID DINEENTREASURER/DIRECTOR
Trustee or director, Officer
0.5$0

Address and contacts

Address (IRS master file)
200 HANSCOM DRIVE BOX 27, BEDFORD, MA 01730-2603
Principal officer (990 for 2024)
DAVID O'LEARY, 200 HANSCOM DRIVE BOX 27, BEDFORD, MA 01730
Signed the 990
DEIRDRE O'CONNOR, TREASURER
Phone
(978) 243-0844
Return prepared by
WALTER SHUFFAIN ADVISORS INC

Mission

NONE

990 for the year ended June 30, 2025

Program accomplishments

  • THE AERO CLUB OF NEW ENGLAND (ACONE) IS A CLUB THAT FOCUSES ON AVIATION SAFETY SEMINARS, AVIATION SCHOLARSHIPS, AND FLIGHT TRAINING WHILE SHARING THE SOCIAL ASPECT WITH THOSE WHO HAVE A PASSION FOR FLIGHT. MEMBERS INCLUDE ACTIVE PILOTS, FORMER PILOTS, AND NON-PILOTS WHO LOVE TO LEARN MORE ABOUT AVIATION.OUR RANKS RANGE FROM THE OBSCURE TO THE LEGENDARY. MANY PAST AND PRESENT MEMBERS HAVE SIGNIFICANTLY CONTRIBUTED TO AVIATION AND ARE CONSIDERED NEW ENGLAND'S AVIATION LEGENDS.THE GODFREY L. CABOT AWARD, ESTABLISHED IN 1952, HONORS AND PERPETUATES THE NAME OF ONE OF THE FOUNDERS AND LONG-TERM PRESIDENTS OF THE AERO CLUB. CABOT AWARD RECIPIENTS WILL BE INDIVIDUALS OR TEAMS WHO WERE THE FIRST IN THEIR FIELD AND WHO CHANGED THE COURSE OF AVIATION AND/OR HISTORY AS INVENTORS OF TYPES OF AIRCRAFT, PROPULSION SYSTEMS, OR SIGNIFICANT AVIATION TECHNOLOGY; WHO HAVE CONDUCTED SIGNIFICANT "FIRST FLIGHTS OR PIONEERED SIGNIFICANT NEW ROUTES INFLIGHT OR INTO SPACE; OR WERE PIONEERS OR INVENTORS IN AVIATION TRAINING OR TACTICS.THE AERO CLUB'S SCHOLARSHIP PROGRAM AWARDS DOZENS OF SCHOLARSHIPS WORTH 10S OF THOUSANDS OF DOLLARS ANNUALLY. THE AERO CLUB HAS AWARDED OVER $700,000 IN SCHOLARSHIPS TO NEARLY 450 WOMEN, MEN, AND STUDENTS. OUR SCHOLARSHIPS ARE FOR PILOT TRAINING, AS WELL AS FOR STUDENTS INTERESTED IN MAINTENANCE TECHNOLOGIES FOR AIRCRAFT AND POWERPLANTS, AND AVIATION MANAGEMENT. MEMBER DONATIONS AND SCHOLARSHIP FUNDRAISERS HELP FUND THE SCHOLARSHIPS. MANY OF OUR SCHOLARSHIP WINNERS HAVE GONE ON TO HELP GROW THE AVIATION INDUSTRY BY BEING HIRED BY AIRLINES AND PRIVATE AVIATION COMPANIES.
    Expenses $108,676 · grants $52,241 · revenue $27,310

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
04-2743144
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1982
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,213,354
Income (IRS master file)
$270,256

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$234,607$131,144$1,213,354XML
990June 2024$142,771$128,245$1,029,248XML
990June 2023$97,268$108,847$964,970XML
990June 2022$101,638$54,914$924,101IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2743144).

Questions about AERO CLUB OF NEW ENGLAND

What is the EIN of AERO CLUB OF NEW ENGLAND?
The employer identification number (EIN) of AERO CLUB OF NEW ENGLAND is 04-2743144.
Is AERO CLUB OF NEW ENGLAND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
Are donations to AERO CLUB OF NEW ENGLAND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AERO CLUB OF NEW ENGLAND file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of AERO CLUB OF NEW ENGLAND due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AERO CLUB OF NEW ENGLAND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of AERO CLUB OF NEW ENGLAND?
The 990 for the year ended June 30, 2025 names DAVID O'LEARY.
Who are the officers and directors of AERO CLUB OF NEW ENGLAND?
The 990 for the year ended June 30, 2025 lists 15 people; 0 received compensation from the organization.
How much revenue does AERO CLUB OF NEW ENGLAND have?
On its 990 for the year ended June 30, 2025 it reported revenue of $234,607, expenses of $131,144 and total assets of $1,213,354 at year end.

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