Overview
What is Railway Supply Institute Inc?
Railway Supply Institute Inc, headquartered in Washington D.C., serves as a significant advocacy group for railway suppliers. With a team of just 4 employees, this nonprofit association represents various entities within the railroad system's supply chain, from small parts manufacturers to large railcar builders and lessors. One of their key initiatives is an annual expo and technical conference, which helps keep their members informed about the latest industry advancements. Their mission is to support, connect, and advocate for these suppliers, ensuring that their collective interests are represented and promoted within the industry.
Official website here: www.rsiweb.org
Is Railway Supply Institute Inc legitimate?
Railway Supply Institute Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Railway Supply Institute 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:
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Other Salaries and Wages: $40,000
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Official website here: www.rsiweb.org
What is the mission statement of Railway Supply Institute Inc?
The Railway Supply Institute Inc, as the largest and sole trade association representing the entire supply chain for the railroad system, has a mission to support, connect, and advocate for railway suppliers. This organization, which represents entities ranging from small parts manufacturers to large railcar builders/lessors, aims to foster an environment that benefits the entire railroad industry. To accomplish this, Railway Supply Institute Inc sponsors an annual expo and technical conference to ensure its members are well-informed about the latest industry developments.
Official website here: www.rsiweb.org
Who is the CEO of Railway Supply Institute Inc?
Patty Long is the Chairman of Railway Supply Institute Inc.
Official website here: www.rsiweb.org
What is the revenue of Railway Supply Institute Inc?
Railway Supply Institute Inc's revenue in 2022 was $3,098,268.
Official website here: www.rsiweb.org
Who are the executives of Railway Supply Institute Inc and what are their salaries?
The average compensation at Railway Supply Institute Inc during 2022 was $10,000. There are 4 employees and 15 volunteers at Railway Supply Institute Inc.
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- Compensation: $157,771
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Official website here: www.rsiweb.org
Where can I find the form 990 for Railway Supply Institute Inc?
Railway Supply Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rsiweb.org
Learn more at the official website: www.rsiweb.org
Mission Statement of Railway Supply Institute Inc
Railway Supply Institute Inc, a prominent trade association, is committed to supporting, connecting, and advocating for railway suppliers. The organization represents a diverse range of players within the railway system, from small parts manufacturers to large railcar builders and lessors. Its mission is to act as a unifying force, ensuring that the needs and interests of these suppliers are recognized and addressed within the industry.
As the largest and only trade association of its kind, Railway Supply Institute Inc plays a crucial role in keeping its members informed about the latest developments in the industry. This is achieved through annual events such as expos and technical conferences, which provide a platform for members to engage with industry leaders, share best practices, and explore emerging trends. By fostering a sense of community and collaboration, Railway Supply Institute Inc empowers its members to navigate the evolving landscape of the railway industry with confidence and resilience.
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Impact
October, 2024
Railway Supply Institute Inc plays a pivotal role in the railway industry by supporting, connecting, and advocating for railway suppliers. As the largest trade association representing the entire supply chain of the railroad system, it encompasses a diverse range of members, from small parts manufacturers to large railcar builders and lessors.
The Institute organizes an annual expo and technical conference, providing invaluable opportunities for members to stay informed on the latest industry developments and trends. This event facilitates networking and collaboration among suppliers, fostering stronger partnerships and innovation within the railway sector. Through its efforts, RSI enhances the visibility and influence of railway suppliers, ensuring their concerns and interests are represented in broader industry conversations.
By championing the importance of the supply chain and its contributions to the railroad system, Railway Supply Institute Inc significantly impacts the efficiency and future growth of the rail industry, ultimately benefiting public transportation and freight movement across the nation.
This information is meant to be a general summary of Railway Supply Institute 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 2022.
- Investment Income: $27,278
- Program Service Revenue: $3,070,990
- Gross Receipts: $3,933,847
Assets and Liabilities:
- Total Assets: $2,498,407
- Total Liabilities: $757,946
- Net Assets: $1,740,461
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,129,207
COMMITTEE ASSESSMENTS
Revenue
$1,082,572
ANNUAL CONFERENCE
Revenue
$803,896
Organization Details
Founding Year
1962
Phone
(202) 347-4664Principal Officer
Patty Long
Main Address
2001 K STREET NW 300, WASHINGTON, DC, 20006
Website
www.rsiweb.orgNTEE Category
Code: W00 - Public benefit
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