Virginia High Speed Rail Development Committee
- Assets
- $148.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Richmond, VA
- Founding
- 08/1999
- Data as of
- 06/2023
- EIN
- 54-1939001
Organization Overview
Virginia High Speed Rail Development Committee is located in Richmond, VA. The organization was established in 1999. According to its NTEE Classification (W01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia High Speed Rail Development Committee 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 06/2023, Virginia High Speed Rail Development Committee generated $92.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $80.3k during the year ending 06/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
OUR MISSION IS TO INFORM THE PUBLIC OF THE BENEFITS OF HIGH SPEED RAIL AND PROMOTE THE CONTINUED GROWTH AND USE OF HIGH SPEED RAIL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Plaugher Director | 40 | $0 | |
See Attached Statement Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $92,544 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $92,544 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $53,740 |
| Professional fees and other payments to independent contractors | $2,305 |
| Occupancy, rent, utilities, and maintenance | $1,500 |
| Printing, publications, postage, and shipping | $1,456 |
| Other expenses | $21,344 |
| Total expenses | $80,345 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $148,378 |
| Other assets | $0 |
| Total assets | $148,519 |
| Total liabilities | $7,200 |
| Net assets or fund balances | $141,319 |