Luzerne County Rail Corporation Co Redevelopment Authority Of Luzerne Count

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

EIN: 232775210 ✦ West pittston, PA ✦ Designated as a 501(c)(4)

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Overview

What is Luzerne County Rail Corporation Co Redevelopment Authority Of Luzerne Count?

Luzerne County Rail Corporation Redevelopment Authority of Luzerne County is a nonprofit organization situated in Luzerne County, Pennsylvania. Their primary mission is to foster the growth and preservation of business and employment opportunities within the region. They achieve this by managing and operating a rail service, ensuring that the area has reliable transportation links for industries. By doing so, they contribute to the county's economic development and sustainability.

Is Luzerne County Rail Corporation Co Redevelopment Authority Of Luzerne Count legitimate?

Luzerne County Rail Corporation Co Redevelopment Authority Of Luzerne Count is a legitimate nonprofit organization registered as a 501(c)(4) entity. Luzerne County Rail Corporation Co Redevelopment Authority Of Luzerne Count 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

What is the mission statement of Luzerne County Rail Corporation Co Redevelopment Authority Of Luzerne Count?

The Luzerne County Rail Corporation Co Redevelopment Authority is an organization dedicated to fostering industrial growth and employment retention in its area of operation. It achieves this by acquiring, managing, and operating rail services, thereby contributing to the local economy. The primary mission of this authority is to enhance the region's economic vitality through efficient rail service provision. By doing so, it supports various industries and potentially creates job opportunities.

Who is the CEO of Luzerne County Rail Corporation Co Redevelopment Authority Of Luzerne Count?

Carol K Keup is the Principal Officer of Luzerne County Rail Corporation Co Redevelopment Authority Of Luzerne Count.

What is the revenue of Luzerne County Rail Corporation Co Redevelopment Authority Of Luzerne Count?

Luzerne County Rail Corporation Co Redevelopment Authority Of Luzerne Count's revenue in 2022 was $302,499.

Who are the executives of Luzerne County Rail Corporation Co Redevelopment Authority Of Luzerne Count and what are their salaries?


Here are 6 key members and their salaries:


Scott Linde (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Phillips (Vice-Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Rabo (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nina Decosmo (Asst Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Pekarovsky (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Lynn (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Luzerne County Rail Corporation Co Redevelopment Authority Of Luzerne Count?

Luzerne County Rail Corporation Co Redevelopment Authority Of Luzerne Count's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Luzerne County Rail Corporation Co Redevelopment Authority Of Luzerne Count

Luzerne County Rail Corporation Co Redevelopment Authority of Luzerne County is an organization with a mission to foster the growth and preservation of businesses and employment within Luzerne County, Pennsylvania. They achieve this by assuming ownership, operation, management, and maintenance responsibilities for the area's rail service. This strategic approach serves to attract and retain industries, thereby contributing to the county's economic prosperity.

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Impact




October, 2024

Luzerne County Rail Corporation and the Redevelopment Authority of Luzerne County play a crucial role in enhancing the region's economic landscape by providing essential rail services. By owning, operating, managing, and maintaining railway infrastructure, they facilitate transportation and logistics, which are vital for industrial development and job retention in Luzerne County, PA.

Their efforts promote local industry growth, attract new businesses, and support existing ones, thereby bolstering employment opportunities in the area. The ability to efficiently transport goods via rail can significantly reduce costs for companies, making the region more competitive. Additionally, the organization contributes to community improvement by fostering a reliable transportation network that encourages investment and economic activity in West Pittston and surrounding areas.

Overall, their impact extends beyond rail service; they serve as a catalyst for economic vitality and community development, driving both immediate and long-term benefits for Luzerne County.




This information is meant to be a general summary of Luzerne County Rail Corporation Co Redevelopment Authority Of Luzerne Count. 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
$302,499 (2022)
Expenses
$413,445 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $132
  • Program Service Revenue: $302,367
  • Gross Receipts: $302,499

Assets and Liabilities:

  • Total Assets: $900,637
  • Total Liabilities: $426,044
  • Net Assets: $474,593

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Programs

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

RAIL INCOME

Revenue

$287,867

RAIL PERMIT FEES

Revenue

$14,500

Organization Details

Founding Year

1996

Principal Officer

Carol K Keup

Main Address

16 LUZERNE AVENUE, WEST PITTSTON, PA, 18643

NTEE Category

Code: S31 - Community improvement

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