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Belmont Trolley Inc

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

EIN: 473587308 ✦ Belmont, NC ✦ Designated as a 501(c)(3)

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Overview

What is Belmont Trolley Inc?

Belmont Trolley Inc, based in Belmont, North Carolina, is a dedicated nonprofit organization. Their mission is to preserve the historical charm of trolley service and revive it, while simultaneously operating a museum in Gaston County. By embracing emerging technologies, they aim to foster connections within the community and stimulate economic growth. In adherence to transparency and fiscal responsibility, Belmont Trolley collaborates with Foard & Company to prepare their annual tax returns, ensuring meticulous financial reporting.

Is Belmont Trolley Inc legitimate?

Belmont Trolley Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Belmont Trolley 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Belmont Trolley Inc?

Belmont Trolley Inc's mission is centered around preserving history by revitalizing trolley service and operating a museum, all while looking towards the future. They aim to inspire through advancements in technology, bridge communities, and stimulate economic growth. The organization's activities serve as a catalyst, fostering a sense of unity and progress. In their pursuit, they collaborate with partners, ensuring financial transparency and regulatory compliance.

Who is the CEO of Belmont Trolley Inc?

Robert Pressley is the President of Belmont Trolley Inc.

What is the revenue of Belmont Trolley Inc?

Belmont Trolley Inc's revenue in 2022 was $243,490.

Who are the executives of Belmont Trolley Inc and what are their salaries?

There 13 volunteers at Belmont Trolley Inc.


Here are 5 key members and their salaries:


Rod Smallwood (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Pressley (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nate Wells (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emilie Rudisill (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Lovelace (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Belmont Trolley Inc?

Belmont Trolley Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Belmont Trolley Inc

Belmont Trolley Inc, a nonprofit organization, is dedicated to preserving the past by restoring trolley service and operating a museum. Its mission extends beyond nostalgia, aiming to inspire the future through innovative technologies. The organization also strives to connect communities and serve as a catalyst for economic growth. By doing so, Belmont Trolley Inc seeks to preserve the past while fostering progress, making it a unique entity that bridges the gap between tradition and modernity.

In essence, Belmont Trolley Inc's mission is multifaceted. It involves the restoration of historic trolley cars to return them to service, offering a glimpse into the past. Simultaneously, the organization operates a museum, providing an educational space for visitors to learn about the history of trolley transportation. This dual focus on preservation and education is complemented by an emphasis on embracing emerging technologies. By integrating these advancements, Belmont Trolley Inc aims to engage a broader audience and make the experience of trolley travel more accessible and appealing.

Furthermore, Belmont Trolley Inc's mission extends beyond the realm of transportation and history. It seeks to foster community connections and serve as a catalyst for economic growth. By doing so, it aims to contribute positively to its surrounding areas and inspire progress. This holistic approach to its mission sets Belmont Trolley Inc apart, making it a unique and valuable asset to its community.

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Impact




October, 2024

Belmont Trolley Inc plays a significant role in preserving local history and promoting economic development in Gaston County. By restoring trolley service and operating a museum, it not only honors the region's transportation heritage but also enhances community engagement through educational programming and historical exhibits. This initiative serves as a catalyst for economic growth by attracting visitors, fostering tourism, and creating a unique cultural experience that connects residents and visitors alike.

Through its commitment to emerging technologies, Belmont Trolley Inc inspires innovation while showcasing the historical significance of trolleys in urban development. This dual focus on preservation and modernization not only enriches the local cultural landscape but also positions Belmont as a forward-thinking community that values both its past and its future. In addition, the organization emphasizes transparency and fiscal responsibility, further strengthening community trust and support, which is crucial for sustaining its long-term impact. Overall, Belmont Trolley Inc enhances community cohesion, stimulates local economies, and enriches the cultural fabric of the region.




This information is meant to be a general summary of Belmont Trolley 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.

Revenue
$243,490 (2022)
Expenses
$49,704 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $243,490

Assets and Liabilities:

  • Total Assets: $462,024
  • Total Liabilities: $0
  • Net Assets: $462,024

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Organization Details

Principal Officer

Robert Pressley

Main Address

100 N Main Street Suite 250, Belmont, NC, 28012

NTEE Category

Code: A99 - Arts

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