Overview
What is The Model Railroad Club Inc?
The Model Railroad Club Inc, located in Union, New Jersey, is a nonprofit organization with a passion for educating the public and its members about railroads and the industries they supported in the New York, New Jersey, and Pennsylvania area. Their primary activity involves maintaining and operating a facility that showcases various model railroad displays, depicting historical and geographic representations of various communities. These displays can be both static and operational, offering a captivating experience for visitors. The club's mission is to share this knowledge and foster a sense of appreciation for these transport systems and the communities they served.
Official website here: www.tmrci.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star rating.
The Model Railroad Club Inc has achieved a commendable score of 86%, reflecting a strong performance in Accountability and Finance. This rating is derived from various factors, with a notable emphasis on the charity's ethical governance practices. The organization exemplifies good practices by maintaining a fully independent board and demonstrating no material diversion of assets, showcasing transparency and integrity in its operations.
Strengths of the organization include a high program expense ratio of 93.38%, indicating that a significant portion of its funds is directed towards its charitable programs rather than administrative costs. However, the club has areas for improvement, particularly in its governance policies, as it lacks a whistleblower policy and a document retention and destruction policy. Addressing these gaps could enhance its accountability framework and further bolster donor confidence.
Overall, The Model Railroad Club Inc presents a sound financial standing and is committed to its mission, but it would benefit from strengthening its governance policies to ensure comprehensive accountability. By focusing on these areas, the organization can continue to build trust and support within the community.
This AI summary has been generated from information found on Charity Navigator.
Is The Model Railroad Club Inc legitimate?
The Model Railroad Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Model Railroad Club 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: $0
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Official website here: www.tmrci.org
What is the mission statement of The Model Railroad Club Inc?
The Model Railroad Club Inc was established with a mission to educate both the general public and its members about the railroads and the industries they supported in the New York, New Jersey, and Pennsylvania area. The club's objective is to provide an in-depth understanding of this historical and industrial context. To accomplish this, The Model Railroad Club Inc maintains and operates a building that houses various model railroad displays, both static and operational. These displays offer historical and geographical representations of various communities, providing a visual and interactive learning experience.
Official website here: www.tmrci.org
What is the revenue of The Model Railroad Club Inc?
The Model Railroad Club Inc's revenue in 2023 was $75,620.
Official website here: www.tmrci.org
Who are the executives of The Model Railroad Club Inc and what are their salaries?
There 160 volunteers at The Model Railroad Club Inc.
Here are 8 key members and their salaries:
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Official website here: www.tmrci.org
Where can I find the form 990 for The Model Railroad Club Inc?
The Model Railroad Club Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.tmrci.org
Learn more at the official website: www.tmrci.org
Mission Statement of The Model Railroad Club Inc
The Model Railroad Club Inc was established with a noble mission to enlighten both its members and the general public about the railroads and the industries that supported them in the New York, New Jersey, and Pennsylvania area. The club's primary objective is to educate individuals on the historical and geographical representations of various communities through its model railroad displays. These displays encompass both static and operational models, providing a comprehensive and interactive learning experience. By showcasing these representations, The Model Railroad Club Inc aims to preserve and promote the rich railroad heritage of the specified region.
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Impact
August, 2024
The Model Railroad Club Inc's impact lies in its dedication to educating the general public and its members on the rich history and significance of railroads and the industries they served in the New York, New Jersey, and Pennsylvania area. Through its building housing various model railroad displays, the club showcases both static and operational representations of historical and geographic communities. This interactive approach serves to preserve and promote an important aspect of our transportation and industrial heritage, offering a unique and engaging way for people to learn about this vital part of our past.
This information is meant to be a general summary of The Model Railroad Club 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 2023.
- Investment Income: $6
- Program Service Revenue: $25,870
- Gross Receipts: $77,699
Assets and Liabilities:
- Total Assets: $208,835
- Total Liabilities: $0
- Net Assets: $208,835
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$13,943
PROGRAM SERVICE REVENUE
Revenue
$11,927
Organization Details
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