New Sandy River & Rangeley Lakes Railroad
- Assets
- $18.2k
- Revenue
- $76.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Phillips, ME
- Founding
- 08/2003
- Data as of
- 12/2022
- EIN
- 75-3096083
Organization Overview
New Sandy River & Rangeley Lakes Railroad is located in Phillips, ME. The organization was established in 2003. 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. New Sandy River & Rangeley Lakes Railroad 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 12/2022, New Sandy River & Rangeley Lakes Railroad generated $76.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $74.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING AN 1800'S RAILROAD AND LIVING EXPERIENCE-A RIDE IN A TURN OF THE CENTURY COACH ALONG THE ORIGINAL RIGHT OF WAY OR SPENDING WEEKEND IN OUR 19 CENTURY HOME ARE BOTH EXPERIENCES OF THE PAST. ON THE TRAIN THE CONDUCTOR PRESENTS THE HISTORY OF THE ORIGINAL RAIL AND ITS IMPORTANCE TO THE CULTURE AND ECONOMY OF THE REGION IN THE LATE 18TH CENTURY AND EARLY 19TH CENTURY. HE/SHE ALSO CONDUCTS OF ANTIQUE RAILROAD EQUIPTMENT AND STRUCTURES. OUR 1860'S FARMHOUSES HAS BEEN RESTORED AS IT WAS AT THE TURN OF THE CENTURY (BUT BEHIND SCENES ARE A M ODERN KITCHEN,BATHROOM,AND SEPTIC SYSTEM). OUR GUESTS SPEND A WEEKEND IN A TURN OF THE CENTURY ENVIRONMENT DOING CENTURY ACTIVITIES. RN
PROVIDES FUNDING FOR RESTORATION, MAINTENANCE, OPERATIONS, A WEBSITE, AND ADVERTIZING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Barber President | 0 | $0 | |
Bob Black Secretary | 0 | $0 | |
Archie W Berry Jr Treasurer | 0 | $0 | |
Glenn Downing Vice President | 0 | $0 | |
Al Houghton Trustee | 0 | $0 | |
Stanwood Waterhouse Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $61,403 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $1,370 |
| Other Income | $13,356 |
| Total Revenue | $76,129 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $483 |
| Printing and publications | $0 |
| Other expenses | $73,551 |
| Total operating and administrative expenses | $74,034 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $74,034 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,275 |
| Savings and temporary cash investments | $5,739 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $6,234 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $18,248 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, New Sandy River & Rangeley Lakes Railroad has awarded $125 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
PHILLIPS COMMUNITY CENTER PURPOSE: GENERAL SUPPORT | $25 |
EIGTH GRADE PHILLIPS MIDDLE SCHOOL PURPOSE: CLASS TRIP | $100 |