Mason City & Clear Lake Electric Railroad Historical Society Inc
- Assets
- $66.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clear Lake, IA
- Founding
- 06/1988
- Data as of
- 12/2021
- EIN
- 42-1302762
Organization Overview
Mason City & Clear Lake Electric Railroad Historical Society Inc is located in Clear Lake, IA. The organization was established in 1988. 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. Mason City & Clear Lake Electric Railroad 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, Mason City & Clear Lake Electric Railroad Historical Society Inc generated $14.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $19.3k during the year ending 12/2021. While expenses have increased by 5.5% 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
THE ORGANIZATION OPERATED A TROLLEY PARK AND A RESTORED TRAIN DEPOT OFFERING LOCAL RESIDENTS AND AREA TOURISTS AN OPPORTUNITY TO VIEW LOCAL RAILROAD HISTORY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Funk Sec/treas | 1 | $0 | |
Lowell Chichester Director | 1 | $0 | |
Todd Moore Director | 1 | $0 | |
Stan Gentry President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,670 |
| Total Program Service Revenue | $2,450 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $14,120 |
| 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 | $128 |
| Occupancy, rent, utilities, and maintenance | $5,684 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,488 |
| Total expenses | $19,300 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,704 |
| Other assets | $0 |
| Total assets | $66,903 |
| Total liabilities | $2,337 |
| Net assets or fund balances | $64,566 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dubuque County Historical Society Dubuque, IA | $42,203,208 | $9,721,079 |
Jefferson National Parks Association Inc St Louis, MO | $9,104,174 | $5,372,825 |
Minnesota Landmarks St Paul, MN | $7,312,284 | $2,339,984 |
Friends Of The Chicago River Chicago, IL | $1,960,790 | $1,822,157 |
Mount Rushmore National Memorial Society Of Black Hills Rapid City, SD | $22,476,449 | $3,858,593 |
Midwest Art Conservation Center Inc Minneapolis, MN | $2,125,685 | $1,795,271 |
Iowa Railroad Historical Society Boone, IA | $4,623,282 | $1,830,405 |
Landmarks Preservation Council Chicago, IL | $10,408,115 | $1,991,527 |
State Historical Society Of Missouri Columbia, MO | $7,318,381 | $1,450,178 |
American Truck Historical Society Kansas City, MO | $4,869,322 | $1,570,216 |
Nebraska State Historical Society Foundation Lincoln, NE | $17,627,220 | $2,353,385 |
Ramsey County Historical Society Inc Saint Paul, MN | $5,355,556 | $1,137,123 |