Overview
What is Railroad District Business?
Railroad District Business is a nonprofit organization situated in Norfolk, Virginia, specifically within the Norfolk and Western Railroad Historic District. Their primary goal is to augment business activities in this area. By working diligently, they aim to bolster commerce and promote better trading conditions within the district.
Is Railroad District Business legitimate?
Railroad District Business is a legitimate nonprofit organization registered as a 501(c)(6) entity. Railroad District Business submitted a form 990EZ, 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 Railroad District Business?
Railroad District Business is committed to enhancing business conditions within a specific area. Their mission is focused on improving trade within this district, aiming to foster better business activities. The organization's goal is to contribute positively to the economic growth of this designated area. By enhancing trade, Railroad District Business aims to create a more prosperous and vibrant business environment. Their efforts are geared towards supporting local businesses and promoting economic development within the district.
What is the revenue of Railroad District Business?
Railroad District Business's revenue in 2023 was $1,600.
Who are the executives of Railroad District Business and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Railroad District Business?
Railroad District Business's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Railroad District Business
Railroad District Business, an organization dedicated to business improvement, strives to elevate commercial activities within the Norfolk and Western Railroad Historic District. Their primary mission is to foster better trading conditions within this area, working tirelessly to boost local business growth and revenue. By enhancing trade, they aim to create a thriving business environment that benefits the district and its community as a whole.
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Impact
October, 2024
Railroad District Business plays a significant role in revitalizing and enhancing the economic landscape of the Norfolk and Western Railroad Historic District in Norfolk, Virginia. By focusing on improving trade conditions, the organization fosters local business growth, attracts new enterprises, and encourages community engagement. This not only boosts the local economy but also promotes cultural heritage and tourism in the area.
Through its efforts, Railroad District Business creates a vibrant community atmosphere that benefits residents and visitors alike. It cultivates a supportive environment where local businesses can thrive, leading to increased job opportunities and a stronger community identity. By enhancing the overall business climate, the organization contributes to a sustainable and prosperous future for the Norfolk area, reinforcing its historical significance while adapting to modern economic challenges.
This information is meant to be a general summary of Railroad District Business. 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 2023.
- Gross Receipts: $1,600
Assets and Liabilities:
- Total Assets: $484
- Total Liabilities: $2,020
- Net Assets: -$1,536
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Organization Details
Principal Officer
John Porter
NTEE Category
Code: S31 - Community improvement
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