Railway Systems Suppliers Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 132595348 ✦ Jacksonville, FL ✦ Designated as a 501(c)(6)

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Overview

What is Railway Systems Suppliers Inc?

Railway Systems Suppliers Inc, based in Jacksonville, Florida, is a nonprofit organization with a focus on promoting railway safety. They accomplish this by gathering and disseminating pertinent information concerning railway system communication equipment, administration, and operation. The organization serves around 260 members through annual conventions, support for related rail safety organizations, and educational programs for youth. They also sponsor and host exhibitions where member companies can showcase their products and services. With a small workforce of one employee, Railway Systems Suppliers Inc is dedicated to fostering the diverse business interests of its members in the railway industry.


Official website here: www.rssi.org

Is Railway Systems Suppliers Inc legitimate?

Railway Systems Suppliers Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Railway Systems Suppliers Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $96,622

For more financial information, click here


Official website here: www.rssi.org

What is the mission statement of Railway Systems Suppliers Inc?

Railway Systems Suppliers Inc's mission is centered around supporting its member companies. The organization aims to promote and safeguard the diverse business interests of its members. They accomplish this by organizing events where these companies can showcase their products and services. Beyond this, Railway Systems Suppliers Inc also focuses on the promotion of railway safety. They achieve this by gathering and disseminating relevant information concerning railway system communication equipment and related administration, operation, and management information systems. This is primarily done through their annual convention, which attracts a substantial number of registrants and exhibitors. Additionally, the organization supports various rail safety organizations and offers scholarships and educational programs for youth.


Official website here: www.rssi.org

What is the revenue of Railway Systems Suppliers Inc?

Railway Systems Suppliers Inc's revenue in 2023 was $1,438,251.


Official website here: www.rssi.org

Who are the executives of Railway Systems Suppliers Inc and what are their salaries?

The average compensation at Railway Systems Suppliers Inc during 2023 was $96,622. There is 1 employee at Railway Systems Suppliers Inc.

Here are 15 key members and their salaries:


Michael Drudy (Executive Dir.)
  • Compensation: $132,762
  • Related: $0
  • Other: $0
Ashley Bettis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Crain (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Orlandi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur Mcginnis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Baker (Executive Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sid Bakker (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Bolte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Franklin Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Hanlon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miles Metschke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Rieger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Nolan (First Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry Waters (Second Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Bolte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rssi.org

Where can I find the form 990 for Railway Systems Suppliers Inc?

Railway Systems Suppliers Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.rssi.org

Learn more at the official website: www.rssi.org

Mission Statement of Railway Systems Suppliers Inc

Railway Systems Suppliers Inc, as an organization, is committed to advocating for and safeguarding the diverse business interests of its member companies. This is accomplished through their sponsorship and facilitation of exhibitions, where these companies can showcase their products and services to a wide audience. Beyond this, Railway Systems Suppliers Inc also plays a role in promoting railway safety. They achieve this by gathering and disseminating information related to railway system communication equipment, as well as system administration, operation, and management information systems. This initiative is primarily for the benefit of their approximately 260 members, which they support through various activities such as annual conventions, scholarships, and education programs for youth. Furthermore, Railway Systems Suppliers Inc engages with related rail safety organizations, contributing to the broader safety efforts within the railway industry.

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Impact




October, 2024

Railway Systems Suppliers Inc plays a vital role in enhancing the railway industry by promoting safety and innovation through its various initiatives. By serving approximately 260 member companies, it provides a platform for collaboration and knowledge sharing among businesses engaged in railway system communication equipment and management information systems.

The organization hosts an annual convention that draws around 1,800 participants, offering a unique opportunity for members to showcase their products and services to a broader audience. This exhibition fosters connections and encourages the exchange of best practices, ultimately driving advancements in railway technology and safety measures.

In addition to hosting events, Railway Systems Suppliers Inc is dedicated to supporting rail safety organizations and provides scholarships and educational programs aimed at youth. This commitment to education not only contributes to community improvement but also paves the way for the next generation to engage with and innovate within the railway sector.

Overall, its multifaceted approach to promoting business interests, safety, and community engagement significantly impacts the railway industry and enhances the overall safety and efficiency of railway operations.




This information is meant to be a general summary of Railway Systems Suppliers Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,438,251 (2023)
Expenses
$1,252,168 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $60,663
  • Program Service Revenue: $1,438,695
  • Gross Receipts: $1,998,079

Assets and Liabilities:

  • Total Assets: $5,031,250
  • Total Liabilities: $360,812
  • Net Assets: $4,670,438

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Annual Dues

Revenue

$113,850

Booth Rentals

Revenue

$1,002,725

Initiation Fees

Revenue

$17,000

Registration and Other

Revenue

$305,120

Organization Details

Founding Year

1966

Principal Officer

Michael Drudy

NTEE Category

Code: S41 - Community improvement

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