North Carolina Rail-Trails Inc
- Assets
- $179.1k
- Revenue
- $233.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Durham, NC
- Founding
- 01/1991
- Data as of
- 12/2015
- EIN
- 58-1912816
Organization Overview
North Carolina Rail-Trails Inc is located in Durham, NC. The organization was established in 1991. According to its NTEE Classification (C50) the organization is classified as: Environmental Beautification, under the broad grouping of Environment and related organizations. As of 12/2015, North Carolina Rail-Trails Inc employed 2 individuals. North Carolina Rail-Trails Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2015
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP RAIL-TRAILS IN NC TO PROVIDE NON-MOTORIZED TRANSPORTATION AND RECREATION, TO PROVIDE ENVIRONMENTAL EDUCATION AND HISTORIC PRESERVATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADMINISTRATION OF THE ELKIN VALLEY TRAILS PROGRAM WHOSE MISSION IS TO INCREASE THE QUALITY OF LIFE IN THE ELKIN VALLEY BY BUILDING AND PROMOTING A NETWORK OF TRAILS AND GREENWAYS THAT WILL PROVIDE EDUCATIONAL OPPORTUNITIES, PRESERVE OUR AREA HISTORY, PROMOTE HEALTH AND WELLNESS, PROVIDE ECONOMIC OPPORTUNITIES AND PROMOTE AN APPRECIATION AND A RESPECT FOR OUR ENVIRONMENT IN WILKES, SURRY AND YADKIN COUNTIES AND CONNECT WTTH TRAILS THAT LINK TO THE REST OF NORTH CAROLINA
RESEARCH, DEVELOPMENT ADVOCACY FOR DEVELOPMENT OF VARIOUS RAIL CORRIDORS THROUGHOUT NC, STATEWIDE CONFERENCES ON RAIL-TRAIL DEVELOPMENT AND PUBLICATION OF QUARTERLY NEWSLETTER AND MAINTAIN WEBSITE FOR THE PURPOSE OF COMMUNICATION TO MEMBERS OTHER INTERESTED PARTIES INFORMATION REGARDING RAIL CORRIDOR PRESERVATION EFFORTS IN NC
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emily Herbert Ed | OfficerTrustee | 20 | $22,000 |
Dave Connelly Chair | OfficerTrustee | 5 | $0 |
Adam Olls Vice Chair | OfficerTrustee | 4 | $0 |
Jennifer Dostert Treasurer | OfficerTrustee | 3 | $0 |
Nancy Pierce Secretary | OfficerTrustee | 3 | $0 |
John Morck Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $10,898 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $213,592 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $224,490 |
| Total Program Service Revenue | $3,160 |
| Investment income | $10 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $6,270 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $233,930 |
| 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. | $22,000 |
| Compensation of current officers, directors, key employees. | $880 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,455 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,794 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,540 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,074 |
| Information technology | $76 |
| Royalties | $0 |
| Occupancy | $25 |
| Travel | $47 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $277 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $607 |
| Insurance | $5,484 |
| All other expenses | $0 |
| Total functional expenses | $168,551 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $154,710 |
| Savings and temporary cash investments | $20,913 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $3,482 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $179,105 |
| Accounts payable and accrued expenses | $570 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $570 |
| Unrestricted restricted net Assets | $178,535 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $178,535 |