CLUB NEWS...

Memberships
Currently, the club has one membership for sale. Please contact Wayne M. if interested in becoming an owner/member. Click here for more information

 

Two New Cloud One Members Expected to Get their Pilots License  Soon.
During the last couple of months Cloud One has excepted four new membership applications, Pat R., Bill H., Erich B. and Jeremy S. Welcome to the club gentlemen!

 

OUR CESSNA IS BACK!

click here for more Cessna news

Upcoming  Meetings
 Cloud One Owners meetings will be held on:

June 4th, 2008
August 6th, 2008
October 1st, 2008

Unless otherwise noted, meetings are scheduled at   Executive Beechcraft conference room at the Downtown Airport 7PM.

 

  
 
 

   

                                                


As of 2/1/2008 our club valuation is as follows.

      Jan 31, 08
ASSETS    
Current Assets  
  Checking/Savings  
    Community America Checking 937.03
    Community America Savings 120.87
    Freedom Money Market 9,981.13
  Total Checking/Savings 11,039.03
    Accounts Receivable  
    Accounts Receivable 4,568.00
  Total Accounts Receivable 4,568.00
  Total Current Assets 15,607.03
  Fixed Assets  
  Piper Arrow PA28R - N4669J 70,000.00
  Cessna 172 - N1436U 60,000.00
Total Fixed Assets 130,000.00
TOTAL ASSETS 145,607.03
LIABILITIES & EQUITY  
Equity    
  Opening Bal Equity  
    Aircraft Valuation Adjustment 15,700.00
    Opening Bal Equity - Other 123,327.64
  Total Opening Bal Equity 139,027.64
    Prior Years Equity Increase 5,123.10
  Net Income 1,456.29
Total Equity 145,607.03
TOTAL LIABILITIES & EQUITY 145,607.03

 

 
  Copyright 2006 Cloud One Flying Club, Inc. All rights reserved