Overview
What is Siouxland Historical Railroad Assoc?
Siouxland Historical Railroad Assoc is a nonprofit organization situated in Sioux City, Iowa. With a dedicated team of three individuals, they have been actively engaged in preserving local history through the acquisition, restoration, exhibition, and operation of railroad-related artifacts. By interpreting the impact of these artifacts on the region's history and development, they share their passion for railroading with the community, ensuring the preservation of an essential part of the area's past. Their commitment to historical preservation is evident in their mission to educate and engage the public in understanding the role of railroads in shaping the region.
Official website here: www.siouxcityrailroadmuseum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating. The Siouxland Historical Railroad Association demonstrates a solid commitment to accountability and financial health, earning a score of 76%. They have achieved a perfect score for having 100% independent board members and show no material diversion of assets, indicating strong governance practices.
However, there are areas in need of improvement. The organization lacks essential policies such as conflict of interest and whistleblower protections, which are important for ensuring ethical operations. Additionally, the absence of a documented retention and destruction policy, along with missing tax forms on their website, raises concerns regarding transparency.
Despite these limitations, the Siouxland Historical Railroad Association efficiently channels its resources, with a program expense ratio of 71.63%, reflecting their focus on fulfilling their mission. Overall, while they demonstrate commendable financial practices, addressing the noted governance weaknesses would enhance their standing and trust within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Siouxland Historical Railroad Assoc legitimate?
Siouxland Historical Railroad Assoc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Siouxland Historical Railroad Assoc 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: $52,749
For more financial information, click here
Official website here: www.siouxcityrailroadmuseum.org
What is the mission statement of Siouxland Historical Railroad Assoc?
The Siouxland Historical Railroad Assoc pursues historic preservation activities by acquiring, restoring, exhibiting, and operating railroad-related artifacts. Their primary goal is to shed light on the impact of these artifacts on regional history and development. By doing so, they aim to educate and engage the public, preserving the rich railroad heritage for future generations. The organization interprets the historical significance of these artifacts, providing a unique and immersive experience for visitors. Their efforts to preserve and showcase railroad history contribute to a deeper understanding of the region's past.
Official website here: www.siouxcityrailroadmuseum.org
Who is the CEO of Siouxland Historical Railroad Assoc?
Matt Merk is the Principal Officer of Siouxland Historical Railroad Assoc.
Official website here: www.siouxcityrailroadmuseum.org
What is the revenue of Siouxland Historical Railroad Assoc?
Siouxland Historical Railroad Assoc's revenue in 2022 was $172,322.
Official website here: www.siouxcityrailroadmuseum.org
Who are the executives of Siouxland Historical Railroad Assoc and what are their salaries?
The average compensation at Siouxland Historical Railroad Assoc during 2022 was $17,583. There are 3 employees at Siouxland Historical Railroad Assoc.
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Official website here: www.siouxcityrailroadmuseum.org
Where can I find the form 990 for Siouxland Historical Railroad Assoc?
Siouxland Historical Railroad Assoc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.siouxcityrailroadmuseum.org
Learn more at the official website: www.siouxcityrailroadmuseum.org
Mission Statement of Siouxland Historical Railroad Assoc
The Siouxland Historical Railroad Association is dedicated to preserving historical artifacts related to railroads. Their mission involves acquiring, restoring, exhibiting, and operating these artifacts to showcase their influence on regional history and development. By interpreting the significance of these artifacts, the association aims to educate individuals about the role of railroads in shaping the past of their community. Through these efforts, the Siouxland Historical Railroad Association seeks to promote an understanding of the region's rich railroad heritage.
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Impact
October, 2024
Siouxland Historical Railroad Association plays a crucial role in preserving and interpreting the rich history of railroads in the Sioux City area. By acquiring, restoring, exhibiting, and operating railroad-related artifacts, the organization helps to maintain a tangible connection to the past. This not only enhances community awareness of the region's historical development but also educates the public about the significance of railroads in shaping local history.
Through its activities, the Association fosters appreciation for the vital role that railroads played in economic growth, transportation, and communication within the region. By showcasing these artifacts, it creates opportunities for visitors to engage with history in an interactive and meaningful way. The efforts of the Association contribute to cultural tourism, offering unique experiences that can attract visitors and support local businesses. Overall, their impact extends beyond preservation; they strengthen community identity and foster a historical consciousness that enriches the region.
This information is meant to be a general summary of Siouxland Historical Railroad Assoc. 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: $4
- Program Service Revenue: $37,376
- Gross Receipts: $172,322
Assets and Liabilities:
- Total Assets: $2,789,837
- Total Liabilities: $533,438
- Net Assets: $2,256,399
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPECIAL PROJECTS
Revenue
$34,816
PROGRAM
Revenue
$2,560
Organization Details
Founding Year
1984
Phone
(712) 233-6996Principal Officer
Matt Merk
Main Address
PO BOX 1355, SIOUX CITY, IA, 51102
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