Overview
What is Hocking Valley Scenic Railway?
Hocking Valley Scenic Railway is a nonprofit organization situated in Nelsonville, Ohio. With a team of 10 dedicated individuals, their primary objective is to preserve historical railroad equipment and educate the public about its rich heritage. Their mission is centered around providing railway passenger service, serving as an engaging and informative attraction for tourists and locals alike. The organization's activities contribute to preserving a piece of the past while fostering a deeper appreciation for the railroad's role in shaping American history.
Official website here: www.hvsrv.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (54%)
Hocking Valley Scenic Railway has received a One-Star rating from Charity Navigator, indicating significant areas of concern regarding its accountability and finance practices. The overall score is heavily influenced by a low Accountability & Finance score of 54%, primarily due to the absence of independent board members and missing critical policies such as conflict of interest and whistleblower policies.
The organization demonstrates a strong commitment to program expenses, with a program expense ratio of 100.00%, which suggests that all funds are allocated towards its mission-related activities. However, the lack of independent oversight and transparency in financial reporting raises red flags about the governance and operational integrity of the organization. Additionally, the absence of posted financial statements and a missing tax form on the nonprofit's website limit the public's ability to assess its financial health.
In conclusion, while Hocking Valley Scenic Railway focuses entirely on supporting its programs, the nonprofit faces significant challenges related to governance and transparency. Addressing these issues could enhance its accountability and public trust in the organization, potentially leading to improved ratings in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Hocking Valley Scenic Railway legitimate?
Hocking Valley Scenic Railway is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hocking Valley Scenic Railway 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: $177,451
For more financial information, click here
Official website here: www.hvsrv.org
What is the mission statement of Hocking Valley Scenic Railway?
The Hocking Valley Scenic Railway's purpose is centered around preserving historic railroad equipment and educating the public about its rich heritage. Their mission is primarily focused on maintaining the vintage railroad equipment, serving as a platform for public education. This organization strives to keep the history of railroads alive by offering passenger services, thereby providing an immersive experience for visitors while simultaneously imparting knowledge about the past. The team at Hocking Valley Scenic Railway is dedicated to upholding their mission through their total payroll, ensuring the successful execution of their objectives.
Official website here: www.hvsrv.org
Who is the CEO of Hocking Valley Scenic Railway?
Donna Schmoll is the Chairman of Hocking Valley Scenic Railway.
Official website here: www.hvsrv.org
What is the revenue of Hocking Valley Scenic Railway?
Hocking Valley Scenic Railway's revenue in 2022 was $677,642.
Official website here: www.hvsrv.org
Who are the executives of Hocking Valley Scenic Railway and what are their salaries?
The average compensation at Hocking Valley Scenic Railway during 2022 was $17,745. There are 10 employees and 80 volunteers at Hocking Valley Scenic Railway.
Here are 5 key members and their salaries:
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Official website here: www.hvsrv.org
Where can I find the form 990 for Hocking Valley Scenic Railway?
Hocking Valley Scenic Railway's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hvsrv.org
Learn more at the official website: www.hvsrv.org
Mission Statement of Hocking Valley Scenic Railway
Hocking Valley Scenic Railway, a nonprofit organization, is dedicated to preserving historical railroad equipment and educating the public about its rich railroad heritage. This mission is carried out through their primary activity, which is providing passenger rail services. The purpose of these services is not just for leisure, but also to serve as a means to educate the public about the past of rail transportation. By preserving and showcasing old railroad equipment, Hocking Valley Scenic Railway strives to keep alive the stories and experiences of a bygone era, ensuring that future generations can appreciate the role of railroads in shaping our nation's history.
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Impact
July, 2024
The Hocking Valley Scenic Railway's impact is evident in its preservation of old railroad equipment and its educational efforts to inform the public. Through its railway passenger service, the organization brings the history of railroads to life for visitors, enriching their understanding of this essential mode of transportation. Additionally, the Hocking Valley Scenic Railway's operation supports local economic development by providing jobs and contributing to the tourism industry in Nelsonville, Ohio. Overall, the organization's activities have a positive impact on the community by preserving a piece of transportation history and offering a unique recreational experience for residents and tourists alike.
This information is meant to be a general summary of Hocking Valley Scenic Railway. 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: $122
- Program Service Revenue: $673,126
- Gross Receipts: $677,642
Assets and Liabilities:
- Total Assets: $886,066
- Total Liabilities: $4,797
- Net Assets: $881,269
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$651,845
GIFT SHOP SALES
Revenue
$21,281
Organization Details
Founding Year
1972
Principal Officer
Donna Schmoll
Main Address
PO BOX 427, NELSONVILLE, OH, 45764
Website
www.hvsrv.orgNTEE Category
Code: N50Z - Recreation
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