Overview
What is Oil Creek Railway Historical Society Inc?
The Oil Creek Railway Historical Society Inc, based in Titusville, Pennsylvania, is a nonprofit organization with a mission to educate the public about the significance of the oil industry. They achieve this through their 'moving museum,' offering tours along the Oil Creek State Park line, which was once used for transporting oil. This engaging experience benefits approximately 21,190 individuals, allowing them to learn about the oil industry's history in an engaging manner. With 12 dedicated employees, the Society operates from 117 North Franklin Street, bringing the rich history of oil to life for the general public.
Official website here: www.octrr.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating.
The Oil Creek Railway Historical Society Inc received an overall score of 84%, which reflects a solid performance in the area of accountability and finance. This rating is particularly significant as it indicates a commitment to operational transparency and effective management practices. The organization has achieved full marks for key metrics such as having a majority of independent board members and a clean record regarding material diversion of assets.
Strengths noted in the evaluation include an excellent program expense ratio of 85.86%, suggesting that a large portion of its resources is dedicated to fulfilling its mission. Furthermore, the organization’s financial oversight practices are robust, with a well-structured audit and oversight committee. However, the absence of a conflict of interest policy and whistleblower policy may be seen as areas for improvement in governance and ethical standards.
Overall, while the Oil Creek Railway Historical Society Inc has demonstrated significant strengths in financial accountability, the lack of certain governance policies could pose potential risks. Enhancing these areas could further bolster the organization’s integrity and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Oil Creek Railway Historical Society Inc legitimate?
Oil Creek Railway Historical Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oil Creek Railway Historical 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: $58,801
Professional Fundraising Fees: $0
Other Salaries and Wages: $74,446
For more financial information, click here
Official website here: www.octrr.org
What is the mission statement of Oil Creek Railway Historical Society Inc?
The Oil Creek Railway Historical Society Inc is dedicated to enlightening the public regarding the significance of the oil industry. As part of its mission, the organization operates a moving museum and offers tours along Oil Creek State Park, utilizing the former rail line that was once used for transporting oil. Through these activities, the Society shares historical narratives about the oil industry, benefiting approximately 21,190 individuals. The Society's objective is to foster a deeper understanding and appreciation of the industry's impact on society.
Official website here: www.octrr.org
Who is the CEO of Oil Creek Railway Historical Society Inc?
Richard Winkler is the President of Oil Creek Railway Historical Society Inc.
Official website here: www.octrr.org
What is the revenue of Oil Creek Railway Historical Society Inc?
Oil Creek Railway Historical Society Inc's revenue in 2022 was $567,843.
Official website here: www.octrr.org
Who are the executives of Oil Creek Railway Historical Society Inc and what are their salaries?
The average compensation at Oil Creek Railway Historical Society Inc during 2022 was $11,104. There are 12 employees and 75 volunteers at Oil Creek Railway Historical Society Inc.
Here are 13 key members and their salaries:
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Official website here: www.octrr.org
Where can I find the form 990 for Oil Creek Railway Historical Society Inc?
Oil Creek Railway Historical Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.octrr.org
Learn more at the official website: www.octrr.org
Mission Statement of Oil Creek Railway Historical Society Inc
The Oil Creek Railway Historical Society Inc is dedicated to enlightening the public about the significance of the oil industry. Their primary mission is to serve as an educational resource, providing insights and information about the industry's impact and history. They achieve this through their moving museum and tours of Oil Creek State Park, which was once used for transporting oil. By narrating the oil industry's history, the Society benefits approximately 21,190 individuals, fostering a deeper understanding of this crucial sector.
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Impact
July, 2024
The Oil Creek Railway Historical Society Inc has made a significant impact by educating the public about the importance of the oil industry. Through their moving museum and touring of Oil Creek State Park along the line formerly used to transport oil, they have narrated oil history for the general public, benefiting approximately 21,190 persons. Their mission to educate the public about the significance of the oil industry is commendable, and their efforts in promoting this knowledge contribute to the preservation and dissemination of important historical information.
This information is meant to be a general summary of Oil Creek Railway Historical 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: -$9,238
- Program Service Revenue: $470,204
- Gross Receipts: $643,286
Assets and Liabilities:
- Total Assets: $708,048
- Total Liabilities: $238,846
- Net Assets: $469,202
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PASSENGER EXCURSIONS
Revenue
$470,204
Organization Details
Phone
(814) 676-1733Principal Officer
Richard Winkler
Main Address
117 N FRANKLIN ST, TITUSVILLE, PA, 16354
Website
www.octrr.orgNTEE Category
Code: A500 - Arts
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