Overview
What is M-1 Rail?
M-1 Rail is a nonprofit organization based in Detroit, Michigan, specifically at 7520 Woodward Avenue. Their primary objective, as outlined in legislation, is to operate and maintain a street railway system. In essence, they are committed to planning, designing, constructing, equipping, and operating a public transportation system within the city. This initiative aims to enhance mobility and connectivity in the community, contributing to a more convenient and efficient transportation network.
Official website here: www.qlinedetroit.com
What are the reviews and ratings of this charity?
Charity Navigator rating: 96% (Four-Star out of Four Star Rating)
M-1 Rail has received a commendable Four-Star rating from Charity Navigator, indicating a strong performance in Accountability and Finance categories. With a score of 96%, the organization demonstrates a high level of transparency and integrity in its operations. Noteworthy metrics include a board composed of 85% independent members and a healthy financial position shown by a low liabilities-to-assets ratio.
Strengths highlighted in the evaluation include robust oversight mechanisms, an established conflict of interest policy, and a commitment to financial accountability. The vast majority of its expenses are program-related, suggesting effective resource allocation toward its mission. However, the rating does not include assessments of organizational culture, leadership adaptability, or the impact of programs, which could provide further insight into M-1 Rail's overall effectiveness.
Unfortunately, user reviews from GreatNonprofits are not available, which limits perspective regarding public opinion on the organization's direct impact. Nevertheless, the strong financial rating indicates that M-1 Rail operates with transparency and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is M-1 Rail legitimate?
M-1 Rail is a legitimate nonprofit organization registered as a 501(c)(3) entity. M-1 Rail 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: $23,948
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.qlinedetroit.com
What is the mission statement of M-1 Rail?
M-1 Rail's mission is to oversee the planning, designing, construction, equipping, and operation of a public transportation system. This can be done either directly or through contracts. The organization's primary goal is to operate and maintain a street railway, as enabled by legislative support advanced by the state of Michigan. In essence, M-1 Rail is dedicated to providing a reliable and efficient public transportation system for its users.
Official website here: www.qlinedetroit.com
Who is the CEO of M-1 Rail?
Matthew P Cullen is the Chief Executive Officer And Director of M-1 Rail. The CEO's salary of M-1 Rail is $0 and their total compensation is $0.
Official website here: www.qlinedetroit.com
What is the revenue of M-1 Rail?
M-1 Rail's revenue in 2022 was $7,448,768.
Official website here: www.qlinedetroit.com
Who are the executives of M-1 Rail and what are their salaries?
There 4 volunteers at M-1 Rail.
Here are 17 key members and their salaries (M-1 Rail's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.qlinedetroit.com
Where can I find the form 990 for M-1 Rail?
M-1 Rail's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.qlinedetroit.com
Learn more at the official website: www.qlinedetroit.com
Mission Statement of M-1 Rail
M-1 Rail, as an organization, is dedicated to planning, designing, constructing, equipping, furnishing, and operating a public transportation system. Their mission extends beyond just operating the system; they are also capable of accomplishing these tasks through contracts if necessary. In essence, M-1 Rail is committed to establishing and managing a reliable street railway system, as authorized by legislation passed in Michigan. This mission aims to enhance the mobility and connectivity of the public transportation network, contributing to a more efficient and sustainable urban landscape.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
M-1 Rail significantly enhances public transportation in Detroit by establishing a modern street railway system that connects key neighborhoods and attractions. This initiative promotes accessibility and mobility for residents, workers, and visitors alike, contributing to a more vibrant urban environment.
By improving transportation infrastructure, M-1 Rail has the potential to stimulate economic development, attract businesses, and boost local tourism. The railway not only serves as a mode of transit but also acts as a catalyst for community engagement and revitalization, making areas along its route more accessible and appealing.
In addition to fostering economic benefits, M-1 Rail supports environmental sustainability by providing an alternative to automobile travel, thereby reducing traffic congestion and lowering emissions. The improved public transit options may encourage more people to utilize public transport, resulting in a decrease in the overall carbon footprint of the city.
Overall, M-1 Rail plays a crucial role in shaping a more connected and sustainable Detroit, enhancing the quality of life for its residents while supporting broader community and economic development goals.
This information is meant to be a general summary of M-1 Rail. 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: $98,160
- Gross Receipts: $7,448,768
Assets and Liabilities:
- Total Assets: $64,388,109
- Total Liabilities: $5,393,720
- Net Assets: $58,994,389
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2007
Phone
(313) 528-3044Principal Officer
Matthew P Cullen
Main Address
7520 WOODWARD AVENUE, DETROIT, MI, 482022807
Website
www.qlinedetroit.comNTEE Category
Code: W40 - Public benefit
If you are a representative of M-1 Rail 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.