Overview
What is Duluth & North Shore Railway Inc?
Duluth & North Shore Railway Inc, located in Duluth, Minnesota, is a nonprofit organization that provides a distinctive educational experience to the public, focusing on the history of railroads. By offering passenger train rides along the scenic North Shore of Lake Superior, this organization aims to preserve and share railroad heritage. Additionally, ensuring safety is a top priority for their employees, riders, and other customers is a significant part of their mission. Their activities also include offering educational services, fostering an appreciation for railroad history among the public.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Duluth & North Shore Railway Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 94% overall, which is particularly noteworthy as this score is derived solely from its high accountability metrics, indicating a commendable commitment to transparency and effective financial management.
The nonprofit boasts a fully independent board, ensuring impartial governance, and has achieved full marks for its financial oversight and policies regarding conflict of interest, whistleblower protections, and document management. Additionally, the organization demonstrates a low liabilities to assets ratio, showcasing its sound financial health and prudent management of resources.
While the ratings highlight the strengths of Duluth & North Shore Railway Inc in terms of governance and financial integrity, the single-focus on accountability may limit insights into programmatic effectiveness or community impact. Nonetheless, the high program expense ratio suggests that a significant portion of its resources is directed toward its mission-driven activities.
This AI summary has been generated from information found on Charity Navigator.
Is Duluth & North Shore Railway Inc legitimate?
Duluth & North Shore Railway Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Duluth & North Shore Railway 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:
Executive Compensation: $25,683
Professional Fundraising Fees: $0
Other Salaries and Wages: $593,648
For more financial information, click here
What is the mission statement of Duluth & North Shore Railway Inc?
Duluth & North Shore Railway Inc's mission is centered around providing a unique educational experience to the public. This is achieved by delving into the history of railroads. They accomplish this by offering a distinctive train ride experience along the historic and scenic North Shore of Lake Superior. In addition to this, the company prioritizes the safety of its employees, riders, and other customers, ensuring a secure journey for all. Furthermore, Duluth & North Shore Railway Inc is committed to providing educational services, enriching the public's understanding of railroad history.
Who is the CEO of Duluth & North Shore Railway Inc?
Neal Vanstrom is the Executive Di of Duluth & North Shore Railway Inc.
What is the revenue of Duluth & North Shore Railway Inc?
Duluth & North Shore Railway Inc's revenue in 2022 was $2,816,813.
Who are the executives of Duluth & North Shore Railway Inc and what are their salaries?
Here are 25 key members and their salaries:
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Where can I find the form 990 for Duluth & North Shore Railway Inc?
Duluth & North Shore Railway Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Duluth & North Shore Railway Inc
Duluth & North Shore Railway Inc, a nonprofit organization, is dedicated to providing an exceptional educational experience to the public. Their primary mission is to delve into the rich history of railroads. They achieve this by offering a unique opportunity for the public to ride on passenger trains, traversing the historic and scenic North Shore of Lake Superior. Besides ensuring the safety of its employees, riders, and other customers, Duluth & North Shore Railway Inc also focuses on education, providing an engaging and insightful journey into the world of railroads.
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Impact
July, 2024
Duluth & North Shore Railway Inc provides a unique educational experience to the public on the history of railroads by offering rides on passenger trains along the historic and scenic North Shore of Lake Superior. This organization plays a significant role in preserving and showcasing the rich heritage of railroading to both locals and tourists. In addition to its educational mission, Duluth & North Shore Railway Inc also prioritizes safety for its employees, riders, and other customers, ensuring a positive customer service experience. Overall, the impact of Duluth & North Shore Railway Inc extends to promoting awareness and appreciation for the history of railroads while offering a memorable and enjoyable experience for all who participate.
This information is meant to be a general summary of Duluth & North Shore Railway 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: $553
- Program Service Revenue: $2,470,088
- Gross Receipts: $2,948,114
Assets and Liabilities:
- Total Assets: $564,166
- Total Liabilities: $44,114
- Net Assets: $520,052
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EXCURSION TRAIN
Revenue
$2,470,088
Organization Details
Principal Officer
Neal Vanstrom
Main Address
506 W MICHIGAN STREET, DULUTH, MN, 55802
NTEE Category
Code: A99 - Arts
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