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Austin Steam Train Association Incorporated

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

EIN: 742553832 ✦ Cedar park, TX ✦ Designated as a 501(c)(3)

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Overview

What is Austin Steam Train Association Incorporated?

Austin Steam Train Association Incorporated is a nonprofit organization based in Cedar Park, Texas, with a focus on preserving and showcasing the historical significance of railroading. Established in Texas, they have carried over 896,061 passengers since their inception, utilizing vintage railroad equipment for trips through the Hill Country and downtown Austin. Their mission is to offer an authentic steam-era railroad experience, educating the public on the rail line's historical importance. The association maintains, interprets, and refurbishes various historic locomotives and rail cars. With a team of five dedicated individuals, they work to ensure the continued enjoyment of this unique historical experience for future generations.


Official website here: www.austinsteamtrain.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 65%)

The Austin Steam Train Association has received a two-star rating from Charity Navigator, which indicates a need for improvement in its overall operations. With a score of 65%, the organization demonstrates strengths in governance and accountability, including a fully independent board and strong policies for conflict of interest and whistleblowing. However, the organization faces challenges, particularly with its liabilities-to-assets ratio, which may raise concerns about its financial sustainability.

User feedback highlights a positive experience for volunteers and patrons alike, emphasizing a strong sense of community among those involved with the organization. One volunteer expressed deep emotional connections to the steam train experience, noting the joy of helping restore the locomotive and the rewarding interactions with other volunteers and riders, especially children. This illustrates the nonprofit's potential to foster engagement and build a loyal support network.

Despite these positive aspects, the organization must address its financial ratios and overall efficiency to enhance its standing and ensure long-term viability. Continued support from volunteers and donors will be crucial as it works toward improving its operational practices and financial health.


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

Is Austin Steam Train Association Incorporated legitimate?

Austin Steam Train Association Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Austin Steam Train Association Incorporated 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: $78,541
Professional Fundraising Fees: $0
Other Salaries and Wages: $211,690

For more financial information, click here


Official website here: www.austinsteamtrain.org

What is the mission statement of Austin Steam Train Association Incorporated?

The Austin Steam Train Association Incorporated's mission is centered around preserving, interpreting, and recreating the experience of steam-era railroading. Their primary objective is to provide an authentic and educational experience for families and future generations, immersing them in the historical significance of steam railroading. Through their operations, they have transported over 896,061 passengers since their inception, utilizing vintage railroad equipment. The organization also educates the public about the historical importance of the rail line they operate, maintain, and refurbish, boasting a collection of numerous historic locomotives and coach rail cars.


Official website here: www.austinsteamtrain.org

Who is the CEO of Austin Steam Train Association Incorporated?

Lil Serafine is the President of Austin Steam Train Association Incorporated.


Official website here: www.austinsteamtrain.org

What is the revenue of Austin Steam Train Association Incorporated?

Austin Steam Train Association Incorporated's revenue in 2020 was $803,143.


Official website here: www.austinsteamtrain.org

Who are the executives of Austin Steam Train Association Incorporated and what are their salaries?

The average compensation at Austin Steam Train Association Incorporated during 2020 was $58,046. There are 5 employees and 178 volunteers at Austin Steam Train Association Incorporated.


Here are 14 key members and their salaries:


Robert Schoen Jr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Sargent (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Mcginnis (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Smith (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Bingham (General Counsel)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Barnes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Charles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Dech (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Deweese (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Duepner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Kearns (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nikelle Meade (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Price (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lil Serafine (Executive Director)
  • Compensation: $76,827
  • Related: $0
  • Other: $1,714


Official website here: www.austinsteamtrain.org

Where can I find the form 990 for Austin Steam Train Association Incorporated?

Austin Steam Train Association Incorporated's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.austinsteamtrain.org

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

Mission Statement of Austin Steam Train Association Incorporated

Austin Steam Train Association Incorporated is dedicated to preserving, interpreting, and recreating the authentic steam-era railroad experience for the delight and enlightenment of contemporary families and future generations. The organization's mission is to provide a firsthand encounter with the historical significance of steam railroading, engaging audiences through its operations in the Hill Country and downtown Austin. Since its inception, Austin Steam Train Association Incorporated has transported approximately 896,061 passengers on historic railroad equipment, educating the public about the importance of the rail line they maintain, restore, and refurbish. The association is committed to the upkeep of numerous historic locomotives and coach rail cars, ensuring the continuity of this essential part of our railroad heritage.

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Impact




July, 2024

Austin Steam Train Association Incorporated has made a significant impact by carrying approximately 896,061 passengers since its inception through the Hill Country and downtown Austin on historic railroad equipment. Additionally, they have educated the population about the historic importance of the rail line they operate. The association's efforts to maintain and refurbish numerous historic locomotives and coach rail cars contribute to preserving the experience of steam-era railroading for the enjoyment and edification of today's families and future generations.




This information is meant to be a general summary of Austin Steam Train Association Incorporated. 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
$803,143 (2020)
Expenses
$923,611 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $5,530
  • Program Service Revenue: $539,960
  • Gross Receipts: $826,814

Assets and Liabilities:

  • Total Assets: $439,654
  • Total Liabilities: $337,281
  • Net Assets: $102,373

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Programs

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

TRAIN TICKET SALES

Revenue

$536,010

CHARTER & PROJECTS

Revenue

$3,950

Organization Details

Founding Year

1989

Principal Officer

Lil Serafine

Main Address

401 E WHITESTONE BLVD NO C-100, CEDAR PARK, TX, 78613

NTEE Category

Code: A82Z - Arts

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