Oklahoma Railroad Association Inc
- Assets
- $25.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norman, OK
- Founding
- 02/1992
- Data as of
- 12/2020
- EIN
- 73-1393761
Organization Overview
Oklahoma Railroad Association Inc is located in Norman, OK. The organization was established in 1992. According to its NTEE Classification (A54) the organization is classified as: History Museums, 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. Oklahoma Railroad Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2020, Oklahoma Railroad Association Inc generated $153.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $159.3k during the year ending 12/2020. While expenses have increased by 0.2% per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
REPRESENTATION OF THE RAILROAD INDUSTRY IN OKLAHOMA IN THE AREAS OF STATE GOVERNMENTAL RELATIONS, SAFETY PROMOTION, ECONOMIC DEVELOPMENT, AND PUBLIC RELATIONS.
REPRESENTATION OF THE RAILROAD INDUSTRY IN OKLAHOMA IN THE AREAS OF STATE GOVERNMENTAL RELATIONS, SAFETY PROMOTION, ECONOMIC DEVELOPMENT, AND PUBLIC RELATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori A Kromer Peterson Secretary/treas | 50 | $135,540 | |
Lindsay Mullins Chairman | 3 | $0 | |
Heather Watson Vice Chairman | 3 | $0 | |
Ben Jones Committee Memb. | 0 | $0 | |
Kevin Mcintosh Committee Memb. | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $152,648 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $358 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $153,006 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $145,540 |
| Professional fees and other payments to independent contractors | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,251 |
| Total expenses | $159,291 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,648 |
| Other assets | $0 |
| Total assets | $25,840 |
| Total liabilities | $0 |
| Net assets or fund balances | $25,840 |
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