Electric Railroaders Association Inc
- Assets
- $309.3k
- Revenue
- $151.9k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/1959
- Data as of
- 12/2022
- EIN
- 13-6161591
Organization Overview
Electric Railroaders Association Inc is located in New York, NY. The organization was established in 1959. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Electric Railroaders Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Electric Railroaders Association Inc generated $151.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $131.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
STUDY THE HISTORY AND CURRENT OPERATIONS OF ELECTRIC RAILWAYS, INCLUDING MAIN LINE RAILROADS, SUBWAYS, AND LIGHT RAIL SYSTEMS. PUBLISH HEADLIGHTS MAGAZINE ON AN ANNUAL OR SEMI-ANNUAL BASIS ON THE SUBJECT OF ELECTRIC RAILWAY HISTORY. PUBLISH THE ERA BULLETIN ON A MONTHLY BASIS TO REPORT ELECTRIC RAILWAY CURRENT EVENTS AND HISTORICAL STUDIES. MEET 10 TIMES PER YEAR TO MAKE PRESENTATIONS ON ELECTRIC RAILWAY HISTORY AND CURRENT EVENTS. OPERATE INSPECTION TRIPS TO ELECTRIC RAILWAY FACILITIES AND MUSEUMS. OPERATE ONE INTERNATIONAL TRIP EVERY OTHER YEAR TO EXTENSIVELY STUDY ELECTRIC RAILWAY OPERATIONS IN A FOREIGN COUNTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL MEMBERSHIP PROGRAMS (805) REFERENCE MATERIALS AND SERVICES PROVIDED EXCLUSIVELY TO MEMBERS IN REGARDS TO OBTAINING INFORMATION ABOUT ELECTRIC RAILWAYS.
PUBLICATION SALES: REFERENCE MATERIAL PUBLISHED AND SOLD TO THE GENERAL PUBLIC IN REGARDS TO ELECTRIC RAILWAY HISTORY AND OPERATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Newhouser President | OfficerTrustee | 4 | $0 |
Edward Campbell First Vice President | OfficerTrustee | 6 | $0 |
Jeffrey Erlitz Second Vice President | OfficerTrustee | 8 | $0 |
Robert Colorafi Third Vice President | OfficerTrustee | 3 | $0 |
Michael Glikin Treasurer | OfficerTrustee | 9 | $0 |
Alexander Ivanoff Membership Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $45,336 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,469 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,805 |
| Total Program Service Revenue | $79,935 |
| Investment income | -$186 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,256 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $151,883 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $50 |
| Fees for services: Accounting | $1,884 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $21,478 |
| Office expenses | $8,416 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,027 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $68,871 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $701 |
| Insurance | $9,207 |
| All other expenses | $0 |
| Total functional expenses | $131,828 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $158,053 |
| Savings and temporary cash investments | $85,391 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $53,499 |
| Prepaid expenses and deferred charges | $10,514 |
| Net Land, buildings, and equipment | $1,824 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $309,281 |
| Accounts payable and accrued expenses | $13,206 |
| Grants payable | $0 |
| Deferred revenue | $34,060 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $47,266 |
| Net assets without donor restrictions | $262,015 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $309,281 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Electric Railroaders Association Inc has recieved totaling $11.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $11 |
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