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Brooks Preservation Society

Belfast And Moosehead Lake Railroad

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

EIN: 262798541 ✦ Unity, ME ✦ Designated as a 501(c)(3)

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Overview

What is Brooks Preservation Society?

Brooks Preservation Society is a nonprofit organization located in Unity, Maine. Their primary mission is to preserve, maintain, and operate the Belfast Moosehead Lake Railroad. In 2022, they had a successful operating year, highlighted by a successful Commong Ground Country Fair weekend. They also managed to obtain two switches and track materials from a scrapper, which will be used to enhance their Unity yard. Moreover, they received a turntable from Dead River, planned for installation in the next year or two. The organization aims to preserve the rich history of railroads in the area.


Official website here: www.brookspreservation.org

Is Brooks Preservation Society legitimate?

Brooks Preservation Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brooks Preservation Society 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


Official website here: www.brookspreservation.org

What is the mission statement of Brooks Preservation Society?

The Brooks Preservation Society's mission is centered around preserving, maintaining, and operating the Belfast Moosehead Lake Railroad. In 2022, they experienced a productive year with a successful Commong Ground Country Fair weekend. Notably, they managed to salvage two switches and some track material from the Madison Branch, which will be utilized for restoring a storage track and leading to the turntable pit in Unity. Additionally, they obtained a turntable from Dead River, which is expected to fit the Unity turntable pit, following research findings. The society invested 33,000 dollars in its removal and transport to Unity, with installation scheduled for the following year or two.


Official website here: www.brookspreservation.org

Who is the CEO of Brooks Preservation Society?

Michael Francoeur is the Executive Director of Brooks Preservation Society.


Official website here: www.brookspreservation.org

What is the revenue of Brooks Preservation Society?

Brooks Preservation Society's revenue in 2022 was $322,583.


Official website here: www.brookspreservation.org

Who are the executives of Brooks Preservation Society and what are their salaries?

There 20 volunteers at Brooks Preservation Society.


Here are 4 key members and their salaries:


Joey Feero (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Francoeur (Director/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Betts (Director/Roadmaster)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Cronin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.brookspreservation.org

Where can I find the form 990 for Brooks Preservation Society?

Brooks Preservation Society's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.brookspreservation.org

Learn more at the official website: www.brookspreservation.org

Mission Statement of Brooks Preservation Society

Brooks Preservation Society, a dedicated organization, is committed to preserving, maintaining, and operating the Belfast Moosehead Lake Railroad. This mission involves safeguarding the historic railroad, ensuring its operation, and providing a platform for its use. In 2022, the society experienced a successful operating year, marked by a productive Commong Ground Country Fair weekend. The organization also managed to secure essential railroad components, such as switches and track material, from a scrapping project on the Madison Branch. These materials will be utilized to restore a storage track and lead to the turntable pit in Unity. Furthermore, the society was able to acquire a turntable from Dead River, which is expected to fit the Unity turntable pit, following initial research. The organization spent approximately 33,000 dollars on the removal and transportation of this turntable, with installation planned for the near future.

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Impact




October, 2024

The Brooks Preservation Society significantly contributes to the preservation and maintenance of the Belfast Moosehead Lake Railroad, fostering cultural heritage and community engagement. In 2022, the organization experienced a productive operating year, highlighted by a successful participation in the Common Ground Country Fair weekend.

One notable achievement was the acquisition of two switches and various track materials from a scrapping operation, allowing for the restoration of a storage track and a connection to the turntable pit in Unity. Additionally, the society benefitted from the donation of the Caribou turntable by Dead River, which aligns with their goal of enhancing the railroad's operational capacity. The $33,000 investment in the removal and transport of this turntable demonstrates a commitment to maintaining the site's historical integrity. Plans for its installation are set for the coming years.

Through these efforts, the Brooks Preservation Society not only preserves an important piece of local history but also supports community events and educational opportunities, thereby enriching the cultural fabric of Unity, Maine.




This information is meant to be a general summary of Brooks Preservation Society. 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
$322,583 (2022)
Expenses
$294,161 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$13,226
  • Program Service Revenue: $229,529
  • Gross Receipts: $349,508

Assets and Liabilities:

  • Total Assets: $1,430,847
  • Total Liabilities: $851,191
  • Net Assets: $579,656

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Programs

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

BML Railroad

Revenue

$214,990

Railcyclers

Revenue

$14,539

Organization Details

Founding Year

2008

Principal Officer

Michael Francoeur

Main Address

PO Box 326, Unity, ME, 04988

NTEE Category

Code: A80 - Arts

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