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Nashville Steam Preservation Society

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

EIN: 475228161 ✦ Nashville, TN ✦ Designated as a 501(c)(3)

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Overview

What is Nashville Steam Preservation Society?

The Nashville Steam Preservation Society is a nonprofit organization situated in Nashville, Tennessee, specifically at 220 Willow Street. Their primary mission is to preserve historical significance through education and hands-on training, while fostering tourism and goodwill for Metro Nashville. They accomplish this by restoring the NC&STL locomotive #576 and other relevant railroad equipment. Their current project involves an extensive restoration of the locomotive, including substantial work on the boiler and firebox, replacement of stay-bolts, new tires on driving wheels, and servicing of axles and other components. They also offer educational content through a YouTube series, "The Road to Revival," and guided tours of their shop and locomotive. Live demonstrations and visitor engagement are part of their efforts to promote their cause.


Official website here: www.nashvillesteam.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)

The Nashville Steam Preservation Society has achieved a notable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With an impressive overall score of 96%, the organization excels in maintaining a high level of transparency and ethical governance, which is a key indicator of its commitment to responsible operations.

The organization's strengths are evident in its governance structure, featuring a fully independent board of members, as well as thorough financial oversight mechanisms. Indicators such as the absence of material diversion of assets and a high program expense ratio of 82.91% suggest that a significant portion of its funding is directed toward its mission rather than administrative costs.

While the data highlights substantial strengths, it is essential to note that, as with any organization, ongoing vigilance in maintaining these standards is crucial for continued success. Overall, the Nashville Steam Preservation Society demonstrates a well-managed nonprofit dedicated to its cause, reflecting positively on its financial health and governance practices.


This AI summary has been generated from information found on Charity Navigator.

Is Nashville Steam Preservation Society legitimate?

Nashville Steam Preservation Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nashville Steam Preservation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.nashvillesteam.org

What is the mission statement of Nashville Steam Preservation Society?

The Nashville Steam Preservation Society's mission is focused on preserving history through education and hands-on training. They aim to achieve this by restoring relevant historical railroad equipment, such as locomotive #576, for purposes of education, tourism, and fostering goodwill. The society's activities include substantial work on the locomotive's boiler and firebox, replacing stay-bolts, inspecting and servicing various parts, and overhauling equipment. They also produce an educational YouTube series, "The Road to Revival," which informs the public about the restoration process. Additionally, they offer guided tours of their shop and the locomotive, providing the public with a closer look at the restoration project.


Official website here: www.nashvillesteam.org

Who is the CEO of Nashville Steam Preservation Society?

Shane Meador is the President of Nashville Steam Preservation Society.


Official website here: www.nashvillesteam.org

What is the revenue of Nashville Steam Preservation Society?

Nashville Steam Preservation Society's revenue in 2022 was $648,819.


Official website here: www.nashvillesteam.org

Who are the executives of Nashville Steam Preservation Society and what are their salaries?


Here are 10 key members and their salaries:


Alex Joyce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Ozier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Webster (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Barton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Brisendine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Fisher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Mcfarland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joey Bryan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Meador (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Bebout (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nashvillesteam.org

Where can I find the form 990 for Nashville Steam Preservation Society?

Nashville Steam Preservation Society's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nashvillesteam.org

Learn more at the official website: www.nashvillesteam.org

Mission Statement of Nashville Steam Preservation Society

The Nashville Steam Preservation Society, a dedicated organization, is committed to preserving historical significance through education and hands-on training. Their primary goal is to restore and operate relevant historic railroad equipment, contributing to the promotion of tourism and goodwill in Metro Nashville and Middle Tennessee. By undertaking the restoration of NC&STL Locomotive #576 and other relevant equipment, the Society aims to educate the public about the past and the intricate process of restoring a historic steam locomotive to operational status.

The organization's mission is multifaceted. It involves the meticulous restoration of various components of the locomotive, such as the boiler, firebox, stay-bolts, driving wheels, axles, and air compressor. Each of these elements undergoes a thorough inspection, repair, or replacement, ensuring the locomotive is restored to its former glory. The Society also engages in public outreach, providing guided tours of the restoration shop, the locomotive, and its various components at various stages of restoration. Live demonstrations of the riveting process and other restoration techniques allow the public to gain a deeper understanding of the restoration process. The Society further documents this journey through an ongoing educational YouTube series, "The Road to Revival," providing insights into the locomotive's history, operation, and the rare art of restoring historical steam locomotives to operational status.

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Impact




July, 2024

Nashville Steam Preservation Society's impact is felt through the preservation of history, education, and promotion of tourism in Metro Nashville. Their ongoing restoration work on locomotive #576, including significant progress on the boiler and firebox, replacement of stay-bolts, inspection and maintenance of driving wheels and other components, showcases their dedication to restoring this piece of historic significance. Through educational YouTube videos, guided tours, and live demonstrations, they engage the public in the process of restoring a steam locomotive, bringing awareness to this unique project and the rare art involved. Their mission to preserve and operate historical railroad equipment aligns with promoting goodwill and showcasing Nashville's rich history and culture to residents and visitors alike.




This information is meant to be a general summary of Nashville Steam Preservation 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.

Revenue
$648,819 (2022)
Expenses
$577,181 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $669,192

Assets and Liabilities:

  • Total Assets: $684,463
  • Total Liabilities: $31,899
  • Net Assets: $652,564

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Organization Details

Founding Year

2015

Principal Officer

Shane Meador

Main Address

220 WILLOW STREET, NASHVILLE, TN, 372102159

NTEE Category

Code: A50 - Arts

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