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Kentucky Steam Heritage Corporation

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

EIN: 474825639 ✦ Irvine, KY ✦ Designated as a 501(c)(3)

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Overview

What is Kentucky Steam Heritage Corporation?

The Kentucky Steam Heritage Corporation (KSHC) is a nonprofit organization situated in Irvine, Kentucky, with a mission to educate, entertain, and inspire various generations through the operation of historic rail equipment. A notable project under their wing is the restoration of Chesapeake & Ohio Railway Steam Locomotive 2716, constructed in 1943. The restoration process involves stabilization and minor appliance maintenance, serving as a testament to living history. By restoring and operating this locomotive and other historic pieces, KSHC aims to stimulate heritage tourism and boost economic growth while providing an educational tool for the community.

Is Kentucky Steam Heritage Corporation legitimate?

Kentucky Steam Heritage Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kentucky Steam Heritage Corporation 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 Kentucky Steam Heritage Corporation?

The Kentucky Steam Heritage Corporation, a 501(c)(3) non-profit organization, aims to educate, entertain, and inspire future generations through the operation of historic rail equipment. The cornerstone of their initiatives is the restoration of the Chesapeake & Ohio Railway Steam Locomotive 2716 to operable status. This restoration and operation of historical trains serve as a living history resource, promoting heritage tourism and fostering economic growth. Their efforts aim to provide an educational tool, contributing to the preservation and appreciation of rail history.

Who is the CEO of Kentucky Steam Heritage Corporation?

Unavailable

What is the revenue of Kentucky Steam Heritage Corporation?

Kentucky Steam Heritage Corporation's revenue in 2022 was $243,231.

Who are the executives of Kentucky Steam Heritage Corporation and what are their salaries?


There is 1 key member and their salary:


Joe Nugent (Dir & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Kentucky Steam Heritage Corporation?

Kentucky Steam Heritage Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Kentucky Steam Heritage Corporation

The Kentucky Steam Heritage Corporation (KSHC) is a non-profit organization with a mission to instruct, amuse, and motivate both past and future generations. This is achieved through the operation of historical rail equipment. The centerpiece of their efforts is the restoration of the Chesapeake & Ohio Railway Steam Locomotive 2716 to operational status. By restoring and operating this locomotive, along with other historical pieces, KSHC aims to provide a tangible representation of history. This living history serves as an educational tool, enriching heritage tourism and stimulating economic growth.

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Impact




October, 2024

Kentucky Steam Heritage Corporation significantly contributes to the cultural and economic landscape of Kentucky through the preservation and revitalization of historic rail equipment, particularly the Chesapeake & Ohio Railway Steam Locomotive 2716. By restoring and operating this locomotive, KSHC creates a dynamic educational platform that showcases the state’s rich rail history, engaging past, present, and future generations.

The initiative fosters heritage tourism, drawing visitors who are interested in industrial history and steam locomotives. This influx of tourists stimulates the local economy, benefiting businesses and promoting job creation in the area. Moreover, the hands-on restoration work not only preserves a vital piece of Kentucky's heritage but also offers opportunities for community involvement and volunteerism, further strengthening community bonds.

The organization's activities enhance public appreciation for steam technology and its history, encouraging learning and exploration through interactive experiences. Overall, KSHC plays a crucial role in preserving Kentucky's rail heritage while driving economic growth and community engagement.




This information is meant to be a general summary of Kentucky Steam Heritage Corporation. 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
$243,231 (2022)
Expenses
$172,797 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $141,231
  • Gross Receipts: $243,231

Assets and Liabilities:

  • Total Assets: $664,393
  • Total Liabilities: $295,047
  • Net Assets: $369,346

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Programs

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

DONATIONS & SALE OF MERCH

Revenue

$141,231

Organization Details

Main Address

499 Kirkland, Irvine, KY, 40336

NTEE Category

Code: A80 - Arts

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