Overview
What is Adirondack Railway Preservation Society Inc?
Adirondack Railway Preservation Society Inc, based in Utica, New York, is a dedicated nonprofit organization. Their primary focus lies in promoting, participating in, and contributing to the revitalization, maintenance, operation, and preservation of the Adirondack Travel Corridor. By doing so, they aim to restore and sustain the historical rail system, ensuring its continued existence for both historical and practical purposes. The society's team of 71 individuals works diligently towards this mission, contributing to the preservation of an essential part of the region's heritage.
Official website here: www.adirondackrr.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The Adirondack Railway Preservation Society Inc has received a commendable Four-Star rating from Charity Navigator, with a strong score of 92% in Accountability & Finance. This high rating indicates that the organization is well-managed in terms of financial practices and transparency, reflecting a commitment to responsible stewardship of funds.
Strengths of the organization include a fully independent board of directors, which fosters unbiased decision-making. The charity excels in financial accountability, evidenced by its perfect scores in key areas such as financial audits and the absence of material diversion of assets. Additionally, the program expense ratio of 72.25% shows that a significant portion of its resources is directed toward its core mission.
While the rating is robust, the summary does not point out any specific weaknesses or challenges faced by the organization, suggesting that it currently operates with a strong governance framework and financial health. Overall, the Adirondack Railway Preservation Society Inc demonstrates a solid commitment to transparency and effective program delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Adirondack Railway Preservation Society Inc legitimate?
Adirondack Railway Preservation Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Adirondack Railway Preservation Society 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
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Other Salaries and Wages: $847,929
For more financial information, click here
Official website here: www.adirondackrr.com
What is the mission statement of Adirondack Railway Preservation Society Inc?
The Adirondack Railway Preservation Society Inc's mission is centered around promoting, engaging in, and contributing to the restoration, maintenance, and operation of the Adirondack Travel Corridor. Their purpose extends to preserving this corridor, ensuring its continuity for future generations. The organization actively participates in rehabilitating and maintaining the corridor, aiming to keep it in an operational state for public use and enjoyment.
Official website here: www.adirondackrr.com
Who is the CEO of Adirondack Railway Preservation Society Inc?
Frank Kobliski is the Treasurer of Adirondack Railway Preservation Society Inc.
Official website here: www.adirondackrr.com
What is the revenue of Adirondack Railway Preservation Society Inc?
Adirondack Railway Preservation Society Inc's revenue in 2022 was $2,934,958.
Official website here: www.adirondackrr.com
Who are the executives of Adirondack Railway Preservation Society Inc and what are their salaries?
The average compensation at Adirondack Railway Preservation Society Inc during 2022 was $11,943. There are 71 employees and 30 volunteers at Adirondack Railway Preservation Society Inc.
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Official website here: www.adirondackrr.com
Where can I find the form 990 for Adirondack Railway Preservation Society Inc?
Adirondack Railway Preservation Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.adirondackrr.com
Learn more at the official website: www.adirondackrr.com
Mission Statement of Adirondack Railway Preservation Society Inc
Adirondack Railway Preservation Society Inc is committed to actively promoting, participating in, and contributing to the rehabilitation, maintenance, operation, and preservation of the Adirondack Travel Corridor. The organization's mission is multifaceted, involving not just the restoration of railways but also their ongoing maintenance and operation. This ensures that the Adirondack Corridor continues to thrive and serve its intended purpose. By actively participating in these tasks, Adirondack Railway Preservation Society Inc plays a significant role in the conservation and upkeep of the historical transportation system, ensuring its longevity for future generations.
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Impact
October, 2024
The Adirondack Railway Preservation Society Inc plays a significant role in the rehabilitation, maintenance, and operation of the Adirondack Corridor. By promoting these initiatives, the organization helps to enhance travel and tourism in the region while preserving its historic rail infrastructure. This commitment not only fosters economic development but also enriches the community's cultural heritage, making the scenic beauty of the Adirondacks more accessible.
Through active participation in preservation efforts, the organization ensures that the corridor remains a valuable resource for residents and visitors alike. The restoration and maintenance of the railway infrastructure enable scenic train rides that showcase the region's stunning landscapes, providing an immersive experience that connects people to the area's rich natural and historical offerings. Overall, their efforts contribute to the sustainability and vitality of the Adirondack region, making it a cherished destination for generations to come.
This information is meant to be a general summary of Adirondack Railway Preservation Society 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $157,389
- Program Service Revenue: $2,224,540
- Gross Receipts: $3,043,101
Assets and Liabilities:
- Total Assets: $2,930,696
- Total Liabilities: $938,928
- Net Assets: $1,991,768
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$2,224,540
Organization Details
Founding Year
1992
Phone
(315) 724-0700Principal Officer
Frank Kobliski
Main Address
330 MAIN ST, UTICA, NY, 13501
Website
www.adirondackrr.comNTEE Category
Code: A80 - Arts
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