North America Freight Car Association

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

EIN: 363696378 ✦ Wildwood, MO ✦ Designated as a 501(c)(6)

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Overview

What is North America Freight Car Association?

The North America Freight Car Association is a nonprofit organization situated in Wildwood, Missouri. Its primary focus is on regulatory litigation and government education, aiming to prevent the shift of costs from railroads to private freight car owners. Additionally, they strive to establish uniform mechanical standards for freight cars. This mission is vital in promoting fairness and consistency in the freight car industry. The association operates with a clear mission to protect the interests of private freight car owners while ensuring the maintenance of reliable and safe transportation systems.


Official website here: www.nafcahq.com

Is North America Freight Car Association legitimate?

North America Freight Car Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. North America Freight Car Association 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.nafcahq.com

What is the mission statement of North America Freight Car Association?

The North America Freight Car Association's mission is centered around regulatory litigation and government education. Their primary goal is to prevent the shift of costs from railroads to private freight car owners. Additionally, they strive to establish uniform mechanical standards for freight cars, aiming to ensure consistency and safety across the industry.


Official website here: www.nafcahq.com

Who is the CEO of North America Freight Car Association?

Darrell Wallace is the Secretary Treasurer of North America Freight Car Association.


Official website here: www.nafcahq.com

What is the revenue of North America Freight Car Association?

North America Freight Car Association's revenue in 2022 was $219,554.


Official website here: www.nafcahq.com

Who are the executives of North America Freight Car Association and what are their salaries?


Here are 4 key members and their salaries:


Mark Huston (Secretary Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Sweat (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Twist (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrell Wallace (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nafcahq.com

Where can I find the form 990 for North America Freight Car Association?

North America Freight Car Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nafcahq.com

Learn more at the official website: www.nafcahq.com

Mission Statement of North America Freight Car Association

North America Freight Car Association, abbreviated as NAFCA, is committed to two primary objectives. Firstly, the organization engages in regulatory litigation with a goal to prevent the shifting of costs from railroads to private freight car owners. This endeavor aims to safeguard the financial interests of private freight car owners, ensuring they are not unfairly burdened.

Secondly, NAFCA focuses on government education to promote the establishment of uniform mechanical standards for freight cars. By advocating for uniformity, the association aims to ensure that freight cars operate efficiently and safely across the rail network. This effort not only benefits the rail industry but also contributes to the safe transportation of goods, ultimately contributing to the overall economic well-being of the nation. In essence, NAFCA serves as a vital advocate for both the rail industry and private freight car owners, working towards fair regulations and consistent safety standards.

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Impact




October, 2024

The North America Freight Car Association plays a vital role in the freight transportation industry by addressing critical regulatory issues that affect the financial dynamics between railroads and private freight car owners. Through strategic regulatory litigation and educational initiatives, the association seeks to prevent the undue transfer of costs from railroads to private entities, which can lead to increased operational expenses and inefficiencies.

Additionally, the association advocates for uniform mechanical standards for freight cars, promoting safety, reliability, and compatibility across the industry. By establishing these standards, they ensure that all players in the freight transport sector can operate more cohesively, reducing the risk of accidents and improving overall service quality.

The association's efforts contribute to a more equitable regulatory environment, fostering a fairer marketplace for private freight car owners while enhancing the efficiency of freight transportation in North America. Their commitment to community improvement is reflected in their focus on maintaining safe and effective transportation infrastructure that benefits both the industry and the broader economy.




This information is meant to be a general summary of North America Freight Car Association. 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
$219,554 (2022)
Expenses
$188,086 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $137
  • Gross Receipts: $219,554

Assets and Liabilities:

  • Total Assets: $420,634
  • Total Liabilities: $0
  • Net Assets: $420,634

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Organization Details

Founding Year

1995

Principal Officer

Darrell Wallace

Main Address

17884 WESTHAMPTON WOODS DRIVE, WILDWOOD, MO, 63005

NTEE Category

Code: S41 - Community improvement

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