Western New York Railway Historical Society

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

EIN: 222328484 ✦ Buffalo, NY ✦ Designated as a 501(c)(3)

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Overview

What is Western New York Railway Historical Society?

The Western New York Railway Historical Society is a nonprofit organization based in Buffalo, New York, specifically at 100 Lee Street. Their primary focus lies in the preservation of historic railroad cars, engines, and buildings. They engage in extensive historical research, train history exploration, and general preservation efforts. Additionally, they undertake train repair and maintenance, as well as restoring antique rail cars and historic buildings. This organization is dedicated to preserving the rich heritage of the railroad industry in the Western New York region.


Official website here: www.trainweb.org/wnyrhs

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84% (Three-Star out of Four Star Rating)

The Western New York Railway Historical Society has received a solid score of 84% from Charity Navigator, indicating a generally positive evaluation of its accountability and financial practices. Notably, the organization boasts a fully independent board with 15 members and maintains high standards in financial transparency, as evidenced by its excellent program expense ratio of 96.87%.

However, the rating also highlights some areas for improvement. The charity lacks several important policies, including conflict of interest, whistleblower, and document retention policies, which have resulted in lower scores in those categories. Furthermore, the absence of the Tax Form on the nonprofit's website could hinder transparency efforts.

Overall, while the Western New York Railway Historical Society demonstrates strong financial management and governance, attention to policy development and public documentation could enhance its credibility and operational integrity.


This AI summary has been generated from information found on Charity Navigator.

Is Western New York Railway Historical Society legitimate?

Western New York Railway Historical Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Western New York Railway Historical Society 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: $0

For more financial information, click here


Official website here: www.trainweb.org/wnyrhs

What is the mission statement of Western New York Railway Historical Society?

The Western New York Railway Historical Society's mission is centered around preservation, particularly of historic railroad cars, engines, and buildings. In pursuit of this goal, they engage in historical research and the documentation of train history. Their activities extend beyond mere preservation, encompassing the repair and maintenance of trains and the restoration of antique railroad cars and historic buildings. The society's mission is also aligned with the preservation of railroad heritage in general.


Official website here: www.trainweb.org/wnyrhs

Who is the CEO of Western New York Railway Historical Society?

Caryl Youngers is the Secretary of Western New York Railway Historical Society.


Official website here: www.trainweb.org/wnyrhs

What is the revenue of Western New York Railway Historical Society?

Western New York Railway Historical Society's revenue in 2022 was $721,112.


Official website here: www.trainweb.org/wnyrhs

Who are the executives of Western New York Railway Historical Society and what are their salaries?


Here are 4 key members and their salaries:


Paul Mayer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Owens (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marty Visciano (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caryl Youngers (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.trainweb.org/wnyrhs

Where can I find the form 990 for Western New York Railway Historical Society?

Western New York Railway Historical Society's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.trainweb.org/wnyrhs

Learn more at the official website: www.trainweb.org/wnyrhs

Mission Statement of Western New York Railway Historical Society

The Western New York Railway Historical Society is dedicated to the preservation of historic railroad cars, engines, and buildings. As a historical organization, its mission encompasses various aspects of train history, general preservation, and restoration. The society engages in meticulous historical research, aiming to preserve and protect the rich history of railroads. Additionally, they specialize in train repair and maintenance, ensuring that the antique railroad cars under their care remain in good condition. Beyond repair and maintenance, the society focuses on the restoration of antique railroad cars and historic buildings, showcasing the evolution and importance of railroads in the past.

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Impact




October, 2024

The Western New York Railway Historical Society significantly contributes to the preservation of railroad history in the Buffalo area through its extensive efforts in restoring historic railroad cars, engines, and buildings. Their dedication to historical research fosters a deeper understanding of train history, enriching the community's knowledge of this vital transportation field. By engaging in general preservation, train repair, and maintenance, the society not only saves valuable artifacts but also keeps the stories and experiences of past generations alive.

Through restoring antique railroad cars and historic structures, the society creates a tangible connection to history, allowing current and future generations to experience the evolution of rail travel. This commitment to preserving the legacy of railroads enhances local tourism and education while promoting an appreciation for the arts related to transportation history. Their work supports the cultural fabric of Western New York, providing a unique resource for enthusiasts, historians, and the public alike.




This information is meant to be a general summary of Western New York Railway Historical Society. 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
$721,112 (2022)
Expenses
$83,805 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,239
  • Program Service Revenue: $61,620
  • Gross Receipts: $818,382

Assets and Liabilities:

  • Total Assets: $5,471,857
  • Total Liabilities: $574,789
  • Net Assets: $4,897,068

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Programs

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

RENTAL

Revenue

$39,077

WILLIAMSVILLE DEPOT

Revenue

$21,928

SPECIAL LOCOMOTIVE

Revenue

$615

Organization Details

Founding Year

1980

Principal Officer

Caryl Youngers

Main Address

100 LEE STREET, BUFFALO, NY, 14210

NTEE Category

Code: A80 - Arts

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