Overview
What is Nickel Plate Heritage Railroad Inc?
Nickel Plate Heritage Railroad Inc, based in Arcadia, Indiana, serves as a nonprofit organization dedicated to preserving the history of rail transportation. They offer captivating railroad excursions on the Nickel Plate Express and provide an immersive museum experience at the Arcadia Depot. With a team of 58 dedicated individuals, they strive to educate and entertain visitors, sharing the stories and significance of rail transportation through these unique experiences.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
Nickel Plate Heritage Railroad Inc has received a two-star rating from Charity Navigator, indicating that while the organization demonstrates strong accountability and financial management, there are significant areas requiring improvement. The organization scored 100% for accountability and finance, indicating a solid foundation in these areas. Notably, it has a fully independent board and a favorable liabilities to assets ratio, which suggests a good level of financial health.
Despite the commendable financial oversight, the nonprofit’s overall score suffers due to the absence of essential financial documentation and policies. The organization has not provided financial statements, which significantly impacted its rating. Additionally, key policies such as conflict of interest, whistleblower, and document retention are missing, raising concerns about transparency and governance practices.
In terms of program expenses, Nickel Plate Heritage Railroad Inc excels, with a program expense ratio of 99.24%, reflecting a strong commitment to its mission. However, the lack of required financial documents and policies could hinder its effectiveness and public trust. Addressing these gaps could lead to improved ratings and public perception in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Nickel Plate Heritage Railroad Inc legitimate?
Nickel Plate Heritage Railroad Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nickel Plate Heritage Railroad 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: $218,330
For more financial information, click here
What is the mission statement of Nickel Plate Heritage Railroad Inc?
The Nickel Plate Heritage Railroad Inc's mission is centered around preserving and showcasing the history of rail transportation. They achieve this through engaging experiences offered on their Nickel Plate Express Rail excursions and the Arcadia Depot Museum. The organization's goal is to educate and entertain visitors by providing a unique insight into the world of railroads. By offering these excursions and museum experiences, the Nickel Plate Heritage Railroad Inc aims to keep the legacy of rail transportation alive and accessible to the public.
Who is the CEO of Nickel Plate Heritage Railroad Inc?
Toni Dickover is the Director of Nickel Plate Heritage Railroad Inc.
What is the revenue of Nickel Plate Heritage Railroad Inc?
Nickel Plate Heritage Railroad Inc's revenue in 2023 was $1,340,292.
Who are the executives of Nickel Plate Heritage Railroad Inc and what are their salaries?
The average compensation at Nickel Plate Heritage Railroad Inc during 2023 was $3,764. There are 58 employees at Nickel Plate Heritage Railroad Inc.
Here are 7 key members and their salaries:
- 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
Where can I find the form 990 for Nickel Plate Heritage Railroad Inc?
Nickel Plate Heritage Railroad Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Nickel Plate Heritage Railroad Inc
Nickel Plate Heritage Railroad Inc is dedicated to preserving and showcasing the history of rail transportation. They achieve this mission through two primary avenues: Nickel Plate Express Rail excursions and the Arcadia Depot Museum experience. Through the excursions, passengers embark on a journey back in time, experiencing the charm and thrill of rail travel. Meanwhile, the Arcadia Depot Museum offers a more immersive and educational experience, allowing visitors to explore the rich history of rail transportation in a more interactive and engaging manner. By providing these unique experiences, Nickel Plate Heritage Railroad Inc aims to educate and entertain, ensuring that the story of rail transportation continues to be told for generations to come.
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
Nickel Plate Heritage Railroad Inc significantly enriches the local community by preserving and showcasing the history of rail transportation through engaging experiences. Through its Nickel Plate Express Rail excursions, it offers unique opportunities for residents and visitors to experience rail travel firsthand, fostering a connection to the region's transportation heritage. Additionally, the Arcadia Depot Museum provides educational insights into the historical significance of railroads, further enhancing the understanding and appreciation of this vital mode of transportation. The organization serves not only as a cultural landmark in Arcadia, Indiana, but also as a catalyst for tourism, drawing individuals interested in the arts and history, and contributing to the local economy. By creating memorable experiences centered around rail history, Nickel Plate Heritage Railroad Inc plays a vital role in preserving the past while actively engaging the community in its rich narrative.
This information is meant to be a general summary of Nickel Plate Heritage Railroad 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 2023.
- Investment Income: $2,406
- Program Service Revenue: $943,510
- Gross Receipts: $1,340,292
Assets and Liabilities:
- Total Assets: $1,394,872
- Total Liabilities: $718,143
- Net Assets: $676,729
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Food & Beverage Sales
Revenue
$86,080
Merchandise
Revenue
$12,245
Miscellaneous Revenue
Revenue
$2,909
Ticket Sales
Revenue
$842,276
Organization Details
Founding Year
2010
Principal Officer
Toni Dickover
Main Address
PO Box 435, Arcadia, IN, 46030
NTEE Category
Code: A20 - Arts
If you are a representative of Nickel Plate Heritage Railroad 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.