Overview
What is Coos Bay Rail Line Inc?
Coos Bay Rail Line Inc is a public benefit corporation, established to support the Oregon International Port of Coos Bay. Operating from Coos Bay, Oregon, this nonprofit organization primarily focuses on maintaining and upholding the Coos Bay Rail Line. Their activities include serving customers by transporting rail cars, ensuring car compliance through repair work, and adhering to state and federal regulations through maintenance of way functions. By performing these tasks, the corporation contributes to the preservation and smooth operation of the rail line, ultimately supporting the overarching objectives of the Oregon International Port of Coos Bay. With a workforce of 24 individuals, Coos Bay Rail Line Inc plays a crucial role in facilitating rail services and contributing to the economic growth of the region.
Official website here: www.portofcoosbay.com/cbrhome
Is Coos Bay Rail Line Inc legitimate?
Coos Bay Rail Line Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coos Bay Rail Line 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: $1,177,693
For more financial information, click here
Official website here: www.portofcoosbay.com/cbrhome
What is the mission statement of Coos Bay Rail Line Inc?
Coos Bay Rail Line Inc, as a public benefit corporation, is primarily established to support the Oregon International Port of Coos Bay. It fulfills this purpose by operating, repairing, and maintaining the Coos Bay Rail Link. This organization is dedicated to performing functions and carrying out the purposes of the Oregon International Port of Coos Bay, which is a political subdivision of the state of Oregon. Specifically, Coos Bay Rail Line Inc leases the Coos Bay Rail Line and operates related activities, all in support of the Oregon International Port of Coos Bay.
Official website here: www.portofcoosbay.com/cbrhome
Who is the CEO of Coos Bay Rail Line Inc?
John Burns is the President of Coos Bay Rail Line Inc.
Official website here: www.portofcoosbay.com/cbrhome
What is the revenue of Coos Bay Rail Line Inc?
Coos Bay Rail Line Inc's revenue in 2022 was $4,330,336.
Official website here: www.portofcoosbay.com/cbrhome
Who are the executives of Coos Bay Rail Line Inc and what are their salaries?
The average compensation at Coos Bay Rail Line Inc during 2022 was $49,071. There are 24 employees and 6 volunteers at Coos Bay Rail Line Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $232,447
- Other: $73,895
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.portofcoosbay.com/cbrhome
Where can I find the form 990 for Coos Bay Rail Line Inc?
Coos Bay Rail Line Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.portofcoosbay.com/cbrhome
Learn more at the official website: www.portofcoosbay.com/cbrhome
Mission Statement of Coos Bay Rail Line Inc
Coos Bay Rail Line Inc, a public benefit corporation, was established with a sole purpose. Its mission is to support the Oregon International Port of Coos Bay by operating, maintaining, and repairing the Coos Bay Rail Link. This organization is dedicated to performing functions and carrying out the purposes of the Oregon International Port of Coos Bay, a political subdivision of the state of Oregon. Specifically, Coos Bay Rail Line Inc leases the Coos Bay Rail Line and oversees its operations, contributing to the overall support of the Oregon International Port of Coos Bay. The activities associated with the rail line are all in service of this larger goal, ensuring the success and efficiency of the port.
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Impact
October, 2024
Coos Bay Rail Line Inc significantly contributes to the economic vitality and operational capacity of the Oregon International Port of Coos Bay. By managing the Coos Bay Rail Link, the organization facilitates the transportation of goods and services, thus enhancing trade and commerce in the region.
The rail line supports various customers by efficiently moving rail cars, which is crucial for maintaining supply chains and meeting demands. Regular car repairs ensure that the rolling stock remains compliant with industry standards, allowing for continued operation and generating necessary revenue that helps sustain these services. Additionally, Coos Bay Rail Line Inc performs essential maintenance to the rail infrastructure, ensuring it adheres to state and federal regulations while preserving the line for future use.
Overall, the organization's operations play a vital role in ensuring seamless rail connectivity, contributing to local economic development, and supporting the broader mission of the Oregon International Port of Coos Bay.
This information is meant to be a general summary of Coos Bay Rail Line 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $4,012,253
- Gross Receipts: $4,330,336
Assets and Liabilities:
- Total Assets: $1,080,981
- Total Liabilities: $1,181,113
- Net Assets: -$100,132
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SHIPPING FEES
Revenue
$3,693,144
CAR REPAIRS
Revenue
$305,259
DEMURRAGE AND OTHER FE
Revenue
$13,850
Organization Details
Founding Year
2018
Phone
(541) 267-7678Principal Officer
John Burns
Main Address
125 W CENTRAL AVE 300, COOS BAY, OR, 97420
NTEE Category
Code: T11 - Philanthropy
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