Lionel Operating Train Society

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

EIN: 311074533 ✦ Cincinnati, OH ✦ Designated as a 501(c)(7)

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Overview

What is Lionel Operating Train Society?

The Lionel Operating Train Society is a nonprofit organization situated in Cincinnati, Ohio. Their primary focus is on fostering the hobby of model trains, specifically Lionel electric trains. They accomplish this by encouraging members to enjoy and operate these trains, with a particular emphasis on both historic and contemporary train operations. To further their mission, they organize an annual convention, providing a platform for enthusiasts to engage and share their passion for model trains.


Official website here: www.lots-trains.org

What do the Facebook reviews say about Lionel Operating Train Society?

86% of the 5 reviewers on Facebook recommend the Lionel Operating Train Society. Here is a summary of their reviews:

The community is described as friendly, creating an inviting atmosphere for both new and experienced train enthusiasts. Many users highlighted the exceptional conventions organized by the society, noting they are well-planned and enjoyable for attendees.

Overall, the positive sentiment reflects a strong appreciation for the fellowship and shared passion for model trains, making it a valuable resource for those involved in this hobby.


This AI summary has been generated from reviews found on Facebook.

Is Lionel Operating Train Society legitimate?

Lionel Operating Train Society is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lionel Operating Train 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.lots-trains.org

What is the mission statement of Lionel Operating Train Society?

The Lionel Operating Train Society's mission is centered around promoting the model train hobby. They achieve this by encouraging the enjoyment and operation of Lionel electric trains, with a focus on both historic and modern train operations. As part of this mission, the organization hosts an annual convention to engage its members and enthusiasts. The society's activities also include offering commemorative model trains, cars, and locomotives to its members.


Official website here: www.lots-trains.org

Who is the CEO of Lionel Operating Train Society?

Pete Slater is the President of Lionel Operating Train Society.


Official website here: www.lots-trains.org

What is the revenue of Lionel Operating Train Society?

Lionel Operating Train Society's revenue in 2022 was $172,781.


Official website here: www.lots-trains.org

Who are the executives of Lionel Operating Train Society and what are their salaries?


Here are 8 key members and their salaries:


Larry Smith (Chairman Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
John W Miller (Director-6 Months)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Howe (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Mazur (Director- 6 Months)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Witherspoon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph S Knelly (Secretarytreasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Goeff Gatton (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Slater (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lots-trains.org

Where can I find the form 990 for Lionel Operating Train Society?

Lionel Operating Train Society's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lots-trains.org

Learn more at the official website: www.lots-trains.org

Mission Statement of Lionel Operating Train Society

Lionel Operating Train Society, a nonprofit organization, is dedicated to promoting the model train hobby. They achieve this by encouraging the enjoyment and operation of Lionel electric trains, with a special focus on historic and modern train operations. Toward this mission, the organization hosts an annual convention. The club offers its members commemorative model trains, including cars and locomotives, as part of their engagement initiatives. By fostering a passion for model trains, Lionel Operating Train Society contributes to the hobby's growth and enjoyment among its members.

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Impact




October, 2024

The Lionel Operating Train Society plays a significant role in promoting and preserving the model train hobby, specifically focusing on Lionel electric trains. By encouraging enthusiasts to enjoy and operate both historic and modern Lionel trains, the society helps cultivate a deeper appreciation for the craftsmanship and history of model railroading.

One of its core contributions is the annual convention, which serves as a gathering point for members to share knowledge, experience, and passion for trains. This event promotes community building among fans and provides an opportunity to showcase various models and layouts.

Additionally, the society offers its members exclusive commemorative model train cars and locomotives each year, fostering a sense of belonging and shared enthusiasm. This initiative not only enhances individual collections but also reinforces the connection among hobbyists, making model railroading a more vibrant and active community.

Through these efforts, the organization significantly impacts both the enjoyment of model trains and the preservation of the cultural heritage associated with Lionel trains, ensuring that this cherished hobby continues to thrive.




This information is meant to be a general summary of Lionel Operating Train 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
$172,781 (2022)
Expenses
$227,381 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,601
  • Program Service Revenue: $110,357
  • Gross Receipts: $172,781

Assets and Liabilities:

  • Total Assets: $314,176
  • Total Liabilities: $0
  • Net Assets: $314,176

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Programs

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

CONVENTION

Revenue

$49,427

MEET CARS

Revenue

$20,557

CONVENTION CARS

Revenue

$40,373

Organization Details

Founding Year

1979

Principal Officer

Pete Slater

Main Address

6376 WEST FORK RD, CINCINNATI, OH, 452475704

NTEE Category

Code: A03 - Arts

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