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Nonprofit · EIN 41-1664028

CLUB CHEROKEE INC

Tax-exempt · CRYSTAL, MN 55429

Financials

$352K$345K2023$331K$318K2024
Revenue Expenses · by fiscal year end
Financials of CLUB CHEROKEE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$331,459$317,982$13,477$914,895$145,670$769,225
December 31, 2023990$352,238$344,594$7,644$885,205$145,257$739,948
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$323,048
Investment income
$0
Other revenue
$8,411

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$3,290
Occupancy
$27,206
Depreciation
$17,548

Balance sheet and other

Total assets, start of year
$885,205
Total assets, end of year
$914,895
Total liabilities, end of year
$145,670
Net assets, end of year
$769,225
Land, buildings and equipment
$896,834
Gross receipts
$331,459
Employees
0
Volunteers
7
Year formed
2000
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.

NameTitleHours / weekCompensation
CRAIG SCHMIDTBOARD MEMBER
Trustee or director
6$7,200
STEVEN STADLERPRESIDENT
Trustee or director, Officer
0$0
PHILIP NELSONSECRETARY
Trustee or director, Officer
0$0
CHRIS LOWNSBURYBOARD MEMBER
Trustee or director
0$0
DAVID BOYDBOARD MEMBER
Trustee or director
2$0
KYLE KOSKEYBOARD MEMBER
Trustee or director
0$0
MARK NEUMANBOARD MEMBER
Trustee or director
0$0
RYAN DAMASKTREASURER
Officer
0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
CRAIG SCHMIDTBOARD MEMBER
Trustee or director
6$3,600
STEVEN STADLERPRESIDENT
Trustee or director, Officer
0$0
PHILIP NELSONSECRETARY
Trustee or director, Officer
0$0
CHRIS LOWNSBURYBOARD MEMBER
Trustee or director
0$0
DAVID BOYDBOARD MEMBER
Trustee or director
2$0
KYLE KOSKEYBOARD MEMBER
Trustee or director
0$0
MARK NEUMANBOARD MEMBER
Trustee or director
0$0
RYAN DAMASKTREASURER
Officer
0$0

Address and contacts

Address (IRS master file)
5800 CRYSTAL AIRPORT RD STE 10, CRYSTAL, MN 55429-2365
Principal officer (990 for 2024)
STEVEN SADLER, 5800 CRYSTAL AIRPORT ROAD 10, CRYSTAL, MN 55429
Signed the 990
RYAN DAMASK, TREASURER
Phone
(763) 296-7300
Return prepared by
BOULAY PLLP

Mission

THE PURPOSE OF CLUB CHEROKEE IS TO OWN AND MAINTAIN AIRCRAFT FOR USE BY ITS MEMBERS FOR FLIGHT OR FOR RECEIVING FLIGHT INSTRUCTION; TO ENCOURAGE AND ENABLE ITS MEMBERS TO IMPROVE THEIR FLYING SKILLS AND AVIATION KNOWLEDGE; TO STRIVE TO PROVIDE THE BEST FLYING VALUE POSSIBLE FOR ITS MEMBERS; TO OPERATE AS A NON-PROFIT CORPORATION; AND TO FOSTER GOOD WILL AMONG MEMBERS AND THE AVIATION COMMUNITY THROUGH AN INTEREST IN AVIATION

990 for the year ended December 31, 2024

Program accomplishments

  • CLUB CHEROKEE OWNS SEVEN PLANES THAT FLY APPROXIMATELY 2,000 HOURS PER YEAR IN TOTAL LOGGED FLIGHT HOURS. CLUB CHEROKEE ALSO OWNS TWO HANGARS AT CRYSTAL AIRPORT AND LAKE ELMO AIRPORT. THE CLUB HAD 95 MEMBERS DURING THE 2024 YEAR AND INCLUDES BOTH ACCOMPLISHED PILOTS AND PILOTS IN TRAINING.
    Expenses $305,520 · revenue $331,459

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
41-1664028
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
2006
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$914,895
Income (IRS master file)
$331,459

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$331,459$317,982$914,895XML
990December 2023$352,238$344,594$885,205XML
990December 2022$351,418$309,040$924,594IRS
990December 2021–––IRS
990December 2020–––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 41-1664028).

Questions about CLUB CHEROKEE INC

What is the EIN of CLUB CHEROKEE INC?
The employer identification number (EIN) of CLUB CHEROKEE INC is 41-1664028.
Is CLUB CHEROKEE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 2006.
Are donations to CLUB CHEROKEE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CLUB CHEROKEE 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 CLUB CHEROKEE 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 CLUB CHEROKEE 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 CLUB CHEROKEE INC?
The 990 for the year ended December 31, 2024 names STEVEN SADLER.
Who are the officers and directors of CLUB CHEROKEE INC?
The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $7,200 (CRAIG SCHMIDT, BOARD MEMBER).
How much revenue does CLUB CHEROKEE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $331,459, expenses of $317,982 and total assets of $914,895 at year end.

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