SKYPAC TENANT INC

Address
PO BOX 748
BOWLING GREEN, KY 42102
Contact
Phone: +1 (270) 904-5025
Nonprofit
NTEE: A11 - Single Organization Support
EIN: 45-3815443

Mission

TO ACQUIRE REAL ESTATE AND CONSTRUCT A PERFORMING ARTS AND ENTERTAINMENT FACILITY IN BOWLING GREEN KENTUCKY, WHICH WILL SERVE THE CHARITABLE AND EDUCATIONAL NEEDS OF THE PEOPLE OF SOUTH CENTRAL KENTUCKY.
 20162015201420132012
Basic features of the organization
Year of formation2011
Subsection code03
PF filing required0    
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$0.00$0.00$0.00$0.00 
Number of employees0000 
Number of people compensated >$100k0000 
Number of volunteers0000 
Number of highly compensated contractors0000 
Personnel
Cohron, Mary
Title  BOARD DIRECTORBOARD DIRECTOR 
Name of key/compensated person  MARY COHRONMARY COHRON 
Position of compensated person
Current individual trustee or director  TrueTrue 
Average hours per week working for org  1.001.00 
Reportable compensation from org  $0.00$0.00 
Other comp, non-reportable, from org and related orgs  $0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00 
Gorman, Douglas
TitleSECRETARY/TREASURERSECRETARYSECRETARY/TREASURERSECRETARY/TREASURER 
Name of key/compensated personDOUGLAS GORMANDOUGLAS GORMANDOUGLAS GORMANDOUGLAS GORMAN 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Average hours per week working for org1.001.001.001.00 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Kaelin, James
TitleCHAIRCHAIRPRESIDENTPRESIDENT 
Name of key/compensated personJAMES KAELINJAMES KAELINJAMES KAELINJAMES KAELIN 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Average hours per week working for org1.001.001.001.00 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
McCue, Rick
TitleDIRECTOR FROM MAY TO DECEMBERVICE CHAIR/TREASURER   
Name of key/compensated personRICK MCCUERICK MCCUE   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org1.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Zarr, Jan
TitleDIRECTOR THRU MAYDIRECTORDIRECTOR  
Name of key/compensated personJAN ALLAN ZARRJAN ALLAN ZARRJAN ALLAN ZARR  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org1.001.001.00  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Purpose: mission, activities, & accomplishments
Mission or significant activitiesTO ACQUIRE REAL ESTATE AND CONSTRUCT A PERFORMING ARTS AND ENTERTAINMENT FACILITY IN BOWLING GREEN KENTUCKY, WHICH WILL SERVE THE CHARITABLE AND EDUCATIONAL NEEDS OF THE PEOPLE OF SOUTH CENTRAL KENTUCKY.TO ACQUIRE REAL ESTATE AND CONSTRUCT A PERFORMING ARTS AND ENTERTAINMENT FACILITY IN BOWLING GREEN KENTUCKY, WHICH WILL SERVE THE CHARITABLE AND EDUCATIONAL NEEDS OF THE PEOPLE OF SOUTH CENTRAL KENTUCKY.TO ACQUIRE REAL ESTATE AND CONSTRUCT A PERFORMING ARTS AND ENTERTAINMENT FACILITY IN BOWLING GREEN KENTUCKY, WHICH WILL SERVE THE CHARITABLE AND EDUCATIONAL NEEDS OF THE PEOPLE OF SOUTH CENTRAL KENTUCKY.TO ACQUIRE REAL ESTATE AND CONSTRUCT A PERFORMING ARTS AND ENTERTAINMENT FACILITY IN BOWLING GREEN KENTUCKY, WHICH WILL SERVE THE CHARITABLE AND EDUCATIONAL NEEDS OF THE PEOPLE OF SOUTH CENTRAL KENTUCKY. 
Program service expenses, total$896,468.00$896,468.00$933,679.00$908,168.00 
Programs, including revenue & expenses
TO ACQUIRE REAL ESTATE AND CONSTRUCT ARTS AND ENTERTAINMENT FACILITY IN BOWLING GREEN KENTUCKY, WHICH WILL SERVE THE CHARITABLE AND EDUCATIONAL NEEDS OF THE PEOPLE OF SOUTH CENTRAL KENTUCKY.
Program expenses$896,468.00$896,468.00$933,679.00$908,168.00 
Program revenue$315,110.00$341,267.00$315,020.00$315,000.00 
Program descriptionTO ACQUIRE REAL ESTATE AND CONSTRUCT ARTS AND ENTERTAINMENT FACILITY IN BOWLING GREEN KENTUCKY, WHICH WILL SERVE THE CHARITABLE AND EDUCATIONAL NEEDS OF THE PEOPLE OF SOUTH CENTRAL KENTUCKY.TO ACQUIRE REAL ESTATE AND CONSTRUCT ARTS AND ENTERTAINMENT FACILITY IN BOWLING GREEN KENTUCKY, WHICH WILL SERVE THE CHARITABLE AND EDUCATIONAL NEEDS OF THE PEOPLE OF SOUTH CENTRAL KENTUCKY.TO ACQUIRE REAL ESTATE AND CONSTRUCT ARTS AND ENTERTAINMENT FACILITY IN BOWLING GREEN KENTUCKY, WHICH WILL SERVE THE CHARITABLE AND EDUCATIONAL NEEDS OF THE PEOPLE OF SOUTH CENTRAL KENTUCKY.TO ACQUIRE REAL ESTATE AND CONSTRUCT ARTS AND ENTERTAINMENT FACILITY IN BOWLING GREEN KENTUCKY, WHICH WILL SERVE THE CHARITABLE AND EDUCATIONAL NEEDS OF THE PEOPLE OF SOUTH CENTRAL KENTUCKY. 
Financial data
Revenue
Total revenue$315,110.00$341,267.00$315,020.00$315,019.00 
Revenue from contributions (total) $0.00$0.00$0.00$0.00
Investment income, current yr$110.00$17.00$20.00$19.00 
Total revenue from grants, etc., current yr$0.00$0.00$0.00$0.00 
Total unrelated business revenue$0.00$0.00$0.00$0.00 
Other revenue, current yr$315,000.00$341,250.00$315,000.00$315,000.00 
Net unrelated business taxable revenue$0.00$0.00$0.00$0.00 
Program service revenue (total) $0.00$0.00$0.00$0.00
Gross receipts$315,110.00$341,267.00$315,020.00$315,019.00 
Other types of revenue
Income from dividends, interest, and similar investments$110.00$17.00$20.00$19.00 
Net rental income$315,000.00$341,250.00$315,000.00$315,000.00$315,000.00
Expense categories (totals)
Total functional expenses: sum of all$917,794.00$927,742.00$933,679.00$908,168.00 
Total functional expenses: program service $896,468.00$896,468.00$933,679.00$908,168.00 
Total functional expenses: management and general$21,326.00$31,274.00$0.00$0.00 
Total functional expenses: fundraising$0.00$0.00$0.00$0.00 
Fees for services
Fundraising service fees (total)$0.00$0.00$0.00$0.00 
Assets and liabilities
Total assets$26,659,671.00$27,252,945.00$27,839,420.00$28,458,079.00$29,051,228.00
Total assets, beginning of year$27,252,945.00$27,839,420.00$28,458,079.00$29,051,228.00 
Total liabilities$29,571,930.00$29,562,520.00$29,562,520.00$29,562,520.00$29,562,520.00
Total liabilities, beginning of year$29,562,520.00$29,562,520.00$29,562,520.00$29,562,520.00 
Unrestricted net assets, end of yr-$2,998,863.00-$2,433,591.00-$1,894,571.00-$1,303,304.00 
Temporarily restricted net assets$86,604.00$124,016.00$171,471.00$198,863.00 
Net assets-$2,912,259.00-$2,309,575.00-$1,723,100.00-$1,104,441.00 
Net assets, beginning of year-$2,309,575.00-$1,723,100.00-$1,104,441.00-$511,292.00 
Other assets$1,388,778.00$1,428,552.00$1,468,326.00$1,508,100.00 
Cash: non-interest bearing$223,958.00$233,675.00$236,593.00$271,695.00 
Cash: non-interest bearing, beginning of year$233,675.00$236,593.00$271,695.00$281,287.00 
Other financial variables
Revenue less expenses-$602,684.00-$586,475.00-$618,659.00-$593,149.00 
Accounts payable & accrued expenses$35,478.00$26,068.00$26,068.00$26,068.00 
Secured mortgages and notes payable$29,536,452.00$29,536,452.00$29,536,452.00$29,536,452.00 
Total net assets or fund balances-$2,912,259.00-$2,309,575.00-$1,723,100.00-$1,104,441.00 
Depreciation, depletion, amortization$543,783.00$543,783.00$583,557.00$583,557.00 
Governance and accountability
Number of voting members4443 
Number of independent voting members4443 
Financial sheets auditedTrueTrueTrue  
Accrual accountingTrueTrueTrueTrue 
Tax year start date2016-01-012015-01-012014-01-012013-01-01 
Tax year end date2016-12-012015-12-012014-12-012013-12-012012-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990 
Date e-filing submitted2017-11-062017-01-102015-07-272014-09-26 
IRS schema version2016v3.02015v2.12014v5.02013v3.0 
Filing identifier201711299349301811201602569349300025201501969349300905201431219349301318 
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