Overview
What is Iowa Railroad Historical Society?
The Iowa Railroad Historical Society is a nonprofit organization dedicated to the preservation and promotion of Iowa's railroad heritage. Their primary mission involves identifying, recording, collecting, preserving, and making accessible various pieces of evidence related to the railroad history of the state. This is accomplished through their James H. Andrew Railroad Museum and History Center, which serves as a sub-mission. The society's main activity is to educate the public about this rich railroad history, ensuring that future generations can appreciate and learn from it.
Official website here: www.bsvrr.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
The Iowa Railroad Historical Society has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. This rating reflects a score of 77% derived solely from the Accountability & Finance metric, signaling a commitment to responsible management of resources.
Strengths of the organization include a fully independent board, which scored 100% in that category, and a relatively high program expense ratio of 90.05%. This suggests that a significant portion of their funds is directed toward their programs rather than administrative costs. Additionally, they have robust policies in place for conflict of interest and document retention.
However, a notable limitation is the absence of a whistleblower policy, which may raise concerns about transparency and accountability in addressing potential misconduct or concerns within the organization. Overall, while the Iowa Railroad Historical Society demonstrates strong financial practices, addressing gaps in governance policies could further enhance their standing.
This AI summary has been generated from information found on Charity Navigator.
Is Iowa Railroad Historical Society legitimate?
Iowa Railroad Historical Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iowa Railroad Historical 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: $63,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $308,965
For more financial information, click here
Official website here: www.bsvrr.com
What is the mission statement of Iowa Railroad Historical Society?
The Iowa Railroad Historical Society, as part of its larger mission, has a specific objective for the James H. Andrew Railroad Museum and History Center. This sub-mission involves identifying, recording, collecting, preserving, and making accessible various pieces of evidence related to the railroad history of Iowa. Essentially, the society is committed to educating the public about the rich railroad history of the state, through the conservation and dissemination of relevant information and artifacts.
Official website here: www.bsvrr.com
Who is the CEO of Iowa Railroad Historical Society?
Alan Schroeder is the President of Iowa Railroad Historical Society.
Official website here: www.bsvrr.com
What is the revenue of Iowa Railroad Historical Society?
Iowa Railroad Historical Society's revenue in 2022 was $1,830,405.
Official website here: www.bsvrr.com
Who are the executives of Iowa Railroad Historical Society and what are their salaries?
The average compensation at Iowa Railroad Historical Society during 2022 was $37,236. There are 10 employees and 60 volunteers at Iowa Railroad Historical Society.
Here are 10 key members and their salaries:
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Official website here: www.bsvrr.com
Where can I find the form 990 for Iowa Railroad Historical Society?
Iowa Railroad Historical Society's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bsvrr.com
Learn more at the official website: www.bsvrr.com
Mission Statement of Iowa Railroad Historical Society
The Iowa Railroad Historical Society, as an organization, is committed to educating the public about the rich history of railroads. More specifically, a sub-mission within their broader objectives is carried out by the James H. Andrew Railroad Museum and History Center. This sub-mission involves identifying, recording, collecting, preserving, and providing access to artifacts and information related to the railroad history of Iowa. By undertaking these activities, the Iowa Railroad Historical Society aims to uphold its mission of fostering a deeper understanding and appreciation of the role that railroads have played in the state's past and development.
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Impact
July, 2024
The Iowa Railroad Historical Society, particularly through its James H. Andrew Railroad Museum and History Center, plays a significant role in educating the public about the rich railroad history of Iowa. Through its mission to identify, record, collect, preserve, and provide access to evidence of Iowa's railroad history, the Society helps to preserve this important aspect of the state's heritage for future generations. Its efforts contribute to the cultural enrichment of the community and help to raise awareness and appreciation for the historical significance of railroads in Iowa.
This information is meant to be a general summary of Iowa Railroad Historical 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $868
- Program Service Revenue: $1,587,237
- Gross Receipts: $2,087,076
Assets and Liabilities:
- Total Assets: $4,623,282
- Total Liabilities: $749,451
- Net Assets: $3,873,831
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fares
Revenue
$1,425,733
Switching Fees
Revenue
$161,504
Organization Details
Founding Year
1983
Phone
(515) 432-4249Principal Officer
Alan Schroeder
Main Address
PO BOX 603, BOONE, IA, 50036
Website
www.bsvrr.comNTEE Category
Code: A54 - Arts
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