Overview
What is National Model Railroad Assoc Inc?
National Model Railroad Assoc Inc, established in Wisconsin in 1935, is a nonprofit organization based in Soddy Daisy, Tennessee. With a workforce of four dedicated individuals, its primary mission is to set and uphold standards within the model railroad hobby. The association achieves this by operating research facilities, publishing a monthly bulletin, and providing communication platforms through conventions and publications. By doing so, National Model Railroad Assoc Inc serves and informs its membership, fostering an engaged and united community within the model railroad enthusiast sphere.
Official website here: www.nmra.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%
The National Model Railroad Association Inc has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting its strong performance in Accountability & Finance. With a perfect score of 100%, the organization demonstrates a high level of transparency and sound financial management, which is significant for potential donors looking for trustworthy nonprofits.
Key strengths of the organization include a fully independent board and excellent oversight practices, evidenced by their flawless scores in board composition and financial oversight. Their program expense ratio of nearly 70% indicates that a substantial portion of funds is allocated directly to programs, enhancing their efficiency in delivering services. Additionally, the organization has a low liabilities to assets ratio, indicating solid financial health.
While the data emphasizes the positive attributes of the National Model Railroad Association, it is essential for potential supporters to remain aware of the ongoing need for sustainable funding and program development in the nonprofit sector. Overall, the exemplary ratings reflect a well-managed organization that prioritizes accountability and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is National Model Railroad Assoc Inc legitimate?
National Model Railroad Assoc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Model Railroad Assoc 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: $275,185
For more financial information, click here
Official website here: www.nmra.org
What is the mission statement of National Model Railroad Assoc Inc?
The National Model Railroad Association Inc., established in 1935, was founded with the purpose of setting and maintaining standards within the model railroad hobby. The organization serves its membership by publishing a monthly bulletin and providing relevant information. Additionally, they operate research facilities and communicate through publications and conventions, thereby ensuring the continuity and advancement of the model railroad community.
Official website here: www.nmra.org
Who is the CEO of National Model Railroad Assoc Inc?
Frank J Koch is the Director of National Model Railroad Assoc Inc.
Official website here: www.nmra.org
What is the revenue of National Model Railroad Assoc Inc?
National Model Railroad Assoc Inc's revenue in 2022 was $2,132,114.
Official website here: www.nmra.org
Who are the executives of National Model Railroad Assoc Inc and what are their salaries?
The average compensation at National Model Railroad Assoc Inc during 2022 was $68,796. There are 4 employees at National Model Railroad Assoc Inc.
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Official website here: www.nmra.org
Where can I find the form 990 for National Model Railroad Assoc Inc?
National Model Railroad Assoc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nmra.org
Learn more at the official website: www.nmra.org
Mission Statement of National Model Railroad Assoc Inc
The National Model Railroad Association, Inc., founded in Wisconsin in 1935, is dedicated to serving its membership by establishing and maintaining standards in the model railroading hobby. The organization's primary objective is to provide information and support to its members through regular publications and conventions. In addition to this, the National Model Railroad Association also operates research facilities, contributing to the advancement and improvement of the model railroading hobby. By establishing and maintaining standards, publishing a monthly bulletin, and facilitating communication through conventions, the National Model Railroad Association, Inc., plays a vital role in informing and serving its devoted community of model railroad enthusiasts.
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Impact
October, 2024
The National Model Railroad Association Inc. plays a significant role in the hobby of model railroading by establishing and maintaining industry standards that enhance the quality and consistency of model railroading practices. Founded in 1935, it provides valuable resources to hobbyists, including a monthly bulletin that keeps members informed about industry developments, tips, and community events.
Its impact extends to the operation of research facilities that foster innovation and improvement in model railroad technology and practices. By facilitating communication among enthusiasts and encouraging participation through conventions, the organization promotes a vibrant community that shares knowledge, techniques, and experiences. Overall, the National Model Railroad Association Inc. enhances the enjoyment and expertise of model railroaders, helping to preserve and grow the hobby for future generations.
This information is meant to be a general summary of National Model Railroad Assoc 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: $177,103
- Program Service Revenue: $457,554
- Gross Receipts: $2,152,765
Assets and Liabilities:
- Total Assets: $7,167,623
- Total Liabilities: $604,587
- Net Assets: $6,563,036
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MAGAZINE
Revenue
$328,015
TRAIN SHOW AND CONVENT
Revenue
$129,539
Organization Details
Founding Year
1947
Phone
(423) 892-2846Principal Officer
Frank J Koch
Main Address
8414 GULFVIEW DRIVE, SODDY DAISY, TN, 37379
Website
www.nmra.orgIf you are a representative of National Model Railroad Assoc Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.