Tri-State Railway Historical Society Inc
- Assets
- $221.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Morristown, NJ
- Founding
- 11/1977
- Data as of
- 12/2021
- EIN
- 22-2150859
Organization Overview
Tri-State Railway Historical Society Inc is located in Morristown, NJ. The organization was established in 1977. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tri-State Railway Historical Society 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 12/2021, Tri-State Railway Historical Society Inc generated $140.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $72.4k during the year ending 12/2021. While expenses have increased by 3.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PRESERVE HISTORICAL RAILWAY MATERIALS. TO COLLECT AND TO PUBLISH MEANINGFUL RAILWAY DATA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard King Treasurer | 10 | $0 | |
Adam Reich Secretary | 8 | $0 | |
Thomas Scheffer Chariman | 2 | $0 | |
Leon Moreau IV Director | 2 | $0 | |
Kevin Phalon Sergeant-At-Arms | 8 | $0 | |
Ed Kohler Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,948 |
| Total Program Service Revenue | $74,631 |
| Membership dues | $2,910 |
| Investment income | $318 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $140,481 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $72,435 |
| Total expenses | $72,435 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $120,215 |
| Other assets | $0 |
| Total assets | $221,069 |
| Total liabilities | $0 |
| Net assets or fund balances | $221,069 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Tri-State Railway Historical Society Inc has recieved totaling $36,900.
| Awarding Organization | Amount |
|---|---|
Liberty Historic Railway Inc Berkeley Heights, NJ PURPOSE: ACQUIRE, TRANSPORT AND PRESERVE M&NJ #2 GE 44 TON LOCOMOTICE | $36,900 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Buffalo Olmsted Parks Conservancy Inc Buffalo, NY | $5,280,478 | $5,712,316 |
New York Landmarks Conservancy Inc New York, NY | $20,181,669 | $5,556,998 |
Historical Society Of Pennsylvania Philadelphia, PA | $29,519,223 | $5,864,620 |
Bucks County Historical Society Mercer Museum Doylestown, PA | $25,757,784 | $3,151,386 |
Galvan Initiatives Foundation New York, NY | $45,061,487 | $6,375,160 |
Lake George Association Inc Lake George, NY | $20,500,954 | $6,877,319 |
Lancasterhistory Org Lancaster, PA | $21,295,803 | $1,939,476 |
Royal Oak Foundation Inc New York, NY | $7,446,621 | $2,765,681 |
Partners For Sacred Places Inc Philadelphia, PA | $5,285,974 | $2,628,300 |
Historic Morven Inc Princeton, NJ | $24,966,023 | $2,239,709 |
Adirondack Railway Preservation Society Utica, NY | $2,682,180 | $3,406,896 |
Colonial Farmhouse Restoration Society Of Bellerose Inc Floral Park, NY | $3,034,093 | $2,477,433 |