Nonprofit · EIN 41-0940781
TWIN CITY CLOUD 7 INC
Tax-exempt · EDEN PRAIRIE, MN 55344
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $387,309 | $313,573 | $73,736 | $2,312,478 | $632,420 | $1,680,058 |
| December 31, 2023 | 990 | $400,452 | $507,760 | -$107,308 | $2,242,951 | $676,629 | $1,566,322 |
| December 31, 2022 | 990 (amended) | $373,657 | $421,405 | -$47,748 | $1,623,804 | $578,644 | $1,045,160 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $387,309
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
Balance sheet and other
- Total assets, start of year
- $2,242,951
- Total assets, end of year
- $2,312,478
- Total liabilities, end of year
- $632,420
- Net assets, end of year
- $1,680,058
- Land, buildings and equipment
- $2,100,288
- Net assets without donor restrictions
- $1,680,058
- Gross receipts
- $387,309
- Employees
- 1
- Year formed
- 1966
- State of legal domicile
- MN
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN OSHAUGHNESSY | PRESIDENT Officer | 0 | $0 |
| JOSHUA SWANSON | OFFICER Officer | 0 | $0 |
| ERIC OLSON | OFFICER Officer | 0 | $0 |
| JOEL LEHRKE | DIRECTOR Officer | 0 | $0 |
| MATTHEW BRUMBAUGH | DIREECTOR Officer | 0 | $0 |
| GENE PETERSON | DIRECTOR TREASURER Officer | 0 | $0 |
| TIM ARVIDSON | DIRECTOR Officer | 0 | $0 |
| TRAVIS SWENSON | DIRECTOR Officer | 0 | $0 |
| DOUG NISON | DIRECTOR Officer | 0 | $0 |
| BRUCE MILLER | DIRECTOR Officer | 0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TIM ARVIDSON | DIRECTOR Officer | 0 | $0 |
| GENE PETERSON | DIRECTOR TREASURER Officer | 0 | $0 |
| TRAVIS SWENSON | DIRECTOR Officer | 0 | $0 |
| BRUCE MILLER | DIRECTOR Officer | 0 | $0 |
| DOUG NISON | DIRECTOR Officer | 0 | $0 |
| JOSHUA SWANSON | OFFICER Officer | 0 | $0 |
| JOHN OSHAUGHNESSY | PRESIDENT Officer | 0 | $0 |
| ERIC OLSON | OFFICER Officer | 0 | $0 |
| MATTHEW BRUMBAUGH | DIREECTOR Officer | 0 | $0 |
| JOEL LEHRKE | DIRECTOR Officer | 0 | $0 |
990 for the year ended December 31, 2022: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TIM ARVIDSON | DIRECTOR Trustee or director | 0 | $0 |
| PAIGE RUDNICK | DIRECTOR Trustee or director | 0 | $0 |
| MATTHEW BRUMBAUGH | DIREECTOR Officer | 0 | $0 |
| GENE PETERSON | DIRECTOR TREASURER Officer | 0 | $0 |
| JOSHUA SWANSON | OFFICER Officer | 0 | $0 |
| JOHN OSHAUGHNESSY | PRESIDENT Officer | 0 | $0 |
| JOEL LEHRKE | DIRECTOR Officer | 0 | $0 |
| ERIC OLSON | OFFICER Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 44741, EDEN PRAIRIE, MN 55344-2441
- In care of
- % JOHN OSHAUGHNESSY
- Principal officer (990 for 2024)
- JOHN OSHAUGHNESSY 3, PO BOX 44741, EDEN PRAIRIE, MN 55344
- Signed the 990
- JOHN OSHAUGHNESSY, TREASURER
- Phone
- (612) 281-9348
- Website
- HTTP://CLOUD7.ORG
- Return prepared by
- GCR TAX SERVICES LLC
Mission
TO STIMULATE AND ENCOURAGE AN INTEREST IN AVIATION, TO ENCOURAGE THE STUDY OF AVIATION AND AIRCRAFT, AND TO FOSTER GOOD WILL BY SHARING AIRCRAFT EXPENSES AMOUNG ITS OWNERS AND BY PROMOTING SOCIAL / RECREATIONAL AVIATION ACTIVITIES
Program accomplishments
- HANGERED, FUELD, INSURED, AND MAINTAINED A FLEET OF SIX AIRCRAFT FORPERSONAL USE BY ITS OWNERS
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 41-0940781
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1968
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,312,478
- Income (IRS master file)
- $387,309
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $387,309 | $313,573 | $2,312,478 | XML |
| 990 | December 2023 | $400,452 | $507,760 | $2,242,951 | XML |
| 990 | December 2022 | $373,657 | $421,405 | $1,623,804 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 41-0940781).
Questions about TWIN CITY CLOUD 7 INC
- What is the EIN of TWIN CITY CLOUD 7 INC?
- The employer identification number (EIN) of TWIN CITY CLOUD 7 INC is 41-0940781.
- Is TWIN CITY CLOUD 7 INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1968.
- Are donations to TWIN CITY CLOUD 7 INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does TWIN CITY CLOUD 7 INC 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 TWIN CITY CLOUD 7 INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TWIN CITY CLOUD 7 INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of TWIN CITY CLOUD 7 INC?
- The 990 for the year ended December 31, 2024 names JOHN OSHAUGHNESSY 3.
- Who are the officers and directors of TWIN CITY CLOUD 7 INC?
- The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does TWIN CITY CLOUD 7 INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $387,309, expenses of $313,573 and total assets of $2,312,478 at year end.
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