Bloomer Shipper Railway Redevelopment League

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

EIN: 371145314 ✦ Gibson city, IL ✦ Designated as a 501(c)(6)

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Overview

What is Bloomer Shipper Railway Redevelopment League?

The Bloomer Shipper Railway Redevelopment League is a nonprofit organization situated in Gibson City, Illinois. Its primary role is to manage and maintain the right-of-way for railroad cars, collecting user fees as they travel and utilize the railroad line. The league's mission is essential for the smooth operation of rail transportation, playing a vital role in facilitating the movement of goods through this mode of transport.

Is Bloomer Shipper Railway Redevelopment League legitimate?

Bloomer Shipper Railway Redevelopment League is a legitimate nonprofit organization registered as a 501(c)(6) entity. Bloomer Shipper Railway Redevelopment League 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

What is the mission statement of Bloomer Shipper Railway Redevelopment League?

The Bloomer Shipper Railway Redevelopment League serves a specific purpose within the railroad industry. Its primary role is to grant the right-of-way for railroad cars to travel and collect user fees for their use on the railroad line. This organization essentially manages the access and associated costs for trains that utilize the railway line. It does not have a traditional mission statement that focuses on advancing a cause or helping a specific group, but rather it serves as a facilitator for the rail transportation industry.

Who is the CEO of Bloomer Shipper Railway Redevelopment League?

Phil Moritz is the President of Bloomer Shipper Railway Redevelopment League.

What is the revenue of Bloomer Shipper Railway Redevelopment League?

Bloomer Shipper Railway Redevelopment League's revenue in 2023 was $1,281,355.

Who are the executives of Bloomer Shipper Railway Redevelopment League and what are their salaries?


Here are 5 key members and their salaries:


Rick Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Duininck (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Landau (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Moritz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jb Daughenbaugh (General Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bloomer Shipper Railway Redevelopment League?

Bloomer Shipper Railway Redevelopment League's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Bloomer Shipper Railway Redevelopment League

The Bloomer Shipper Railway Redevelopment League is an organization that plays a crucial role in managing the right-of-way for railroad cars. Their primary mission involves collecting user fees from these railroad cars as they travel and utilize the railroad line. Essentially, the League facilitates the smooth operation of rail transportation by providing the necessary infrastructure and charging for its use. This essential function not only supports the rail industry but also contributes to the broader economic activities that rely on efficient transportation.

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Impact




October, 2024

The Bloomer Shipper Railway Redevelopment League significantly enhances local transportation infrastructure by managing the right-of-way for railroad lines in Gibson City, IL. By facilitating the movement of railroad cars and collecting user fees, it plays a vital role in promoting efficient freight transit. This activity not only supports the local economy by fostering trade and commerce but also contributes to community improvement by ensuring that essential rail services remain operational and accessible. The league's efforts encourage investment in the region while enhancing connectivity for businesses, ultimately benefiting the overall economic landscape of the community.




This information is meant to be a general summary of Bloomer Shipper Railway Redevelopment League. 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
$1,281,355 (2023)
Expenses
$704,568 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $1,180,717
  • Gross Receipts: $1,281,355

Assets and Liabilities:

  • Total Assets: $7,617,356
  • Total Liabilities: $3,830,000
  • Net Assets: $3,787,356

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Programs

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

TRACK RENT & USER FEES

Revenue

$1,180,717

Organization Details

Founding Year

1984

Principal Officer

Phil Moritz

Main Address

1306 W8TH STREET, GIBSON CITY, IL, 60936

NTEE Category

Code: S31 - Community improvement

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