Overview
What is Scottsdale Railroad & Mechanical Society?
The Scottsdale Railroad & Mechanical Society is a dedicated nonprofit organization situated in Scottsdale, Arizona. Its primary focus is to support and enhance the McCormick Stillman Railroad Park, catering to children, families, and railroad enthusiasts. The Society provides financial aid and volunteers, funding various upgrades, operational expenses, and repairs related to the model railroad building for the city and the model railroad clubs. In addition, they loan pieces from the Dorfman Estate Miniature Collection and Tall Ships for display. The Society offers annual train repair and replacement grants of $2,500 per year to five model railroad clubs housed in the building. The Society also covers the entrance fee to the Model Railroad Building, allowing public access at no charge. Throughout the year, the Society sponsors and supports various events at the park, including the 4th of July fireworks, summer concert series, Railfair, special children's events, Halloween, and Holiday Lights. The Society also contributes to the cost of park upgrades, repairs, and maintenance, donating $1,000,000 for the construction of a new multi-functional building in the park's master plan.
Official website here: www.therailroadpark.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1-Star out of Four Stars (58%)
The Scottsdale Railroad & Mechanical Society has received a 1-Star rating from Charity Navigator, reflecting a score of 58%. This rating indicates significant concerns regarding the organization's accountability and financial practices. Notably, the organization has no independent board members, which may raise questions about governance and oversight.
On a positive note, the charity demonstrates a strong commitment to its programs, as evidenced by a high program expense ratio of 98.68%. This suggests that the majority of its funds are directed toward its mission. Moreover, the organization has implemented some policies, such as a conflict of interest policy and maintaining documented meeting minutes, which indicates an effort to operate transparently.
However, the organization faces limitations in critical areas such as missing financial statements and a lack of a whistleblower policy, which are essential for ensuring accountability. The absence of independent board members and the low score in accountability and finance highlight areas for improvement that stakeholders may want to consider.
This AI summary has been generated from information found on Charity Navigator.
Is Scottsdale Railroad & Mechanical Society legitimate?
Scottsdale Railroad & Mechanical Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Scottsdale Railroad & Mechanical 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:
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.therailroadpark.com
What is the mission statement of Scottsdale Railroad & Mechanical Society?
The Scottsdale Railroad & Mechanical Society serves to enhance and promote the enjoyment of a local railroad park for children, their families, and railroad enthusiasts. They provide financial and technical assistance, funding various upgrades, operational expenses, and repair costs related to the model railroad building. The society also loans display items from the Dorfman Estate Miniature Collection and Tall Ships for public viewing. They offer repair and replacement grants to model railroad clubs housed in the building, covering entrance fees to the model railroad building, and sponsoring events such as the 4th of July fireworks and summer concert series. The society has donated a significant amount of funding towards the construction of a new multi-functional building in the park's master plan.
Official website here: www.therailroadpark.com
Who is the CEO of Scottsdale Railroad & Mechanical Society?
Eric B Damko is the Exec Director of Scottsdale Railroad & Mechanical Society.
Official website here: www.therailroadpark.com
What is the revenue of Scottsdale Railroad & Mechanical Society?
Scottsdale Railroad & Mechanical Society's revenue in 2022 was $595,994.
Official website here: www.therailroadpark.com
Who are the executives of Scottsdale Railroad & Mechanical Society and what are their salaries?
Here are 12 key members and their salaries:
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Official website here: www.therailroadpark.com
Where can I find the form 990 for Scottsdale Railroad & Mechanical Society?
Scottsdale Railroad & Mechanical Society's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.therailroadpark.com
Learn more at the official website: www.therailroadpark.com
Mission Statement of Scottsdale Railroad & Mechanical Society
The Scottsdale Railroad & Mechanical Society, in its mission, provides financial and technical support to enhance and maximize the enjoyment of the McCormick Stillman Railroad Park in Scottsdale, Arizona. This nonprofit organization aims to cater to the pleasure of children, their families, and railroad enthusiasts by contributing to the park's development and upkeep. Throughout 2022, the Society continued its efforts by funding various improvements, operational expenses, and repairs related to the model railroad building, lending pieces from the Dorfmam Estate Miniature Collection and Tall Ships for display, and offering train repair and replacement grants to model railroad clubs housed in the building. Additionally, the Society covered the entrance fee to the model railroad building, enabling free access for the public to enjoy its amenities. The organization also sponsors and supports events such as the 4th of July fireworks, summer concert series, Railfair, special children's events, Halloween, and holiday lights, contributing to the overall enjoyment of the park. In a further commitment, the Society donated $1,000,000 to the city for Phase 1 demolition and construction of a new multi-functional usage building in accordance with the park's master plan.
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Impact
July, 2024
The Scottsdale Railroad & Mechanical Society has made a significant impact by providing financial and technical assistance to the McCormick Stillman Railroad Park in Scottsdale, AZ. This support has enhanced the enjoyment of the park for children, families, and railroad enthusiasts. The society's contributions have funded various upgrades, operational expenses, and repairs related to the model railroad building, benefiting both the city and model railroad clubs. Additionally, the society has facilitated the display of pieces from the Dorfman Estate Miniature Collection and Tall Ships, further enriching the park experience.
Furthermore, the society's sponsorship and support of events such as the 4th of July fireworks, summer concert series, Railfair, special children's events, Halloween, holiday lights, and member nights have added to the vibrancy of the park. By covering entrance fees and staffing costs, the society has ensured that the public can enjoy the amenities of the model railroad building at no charge. Their continued assistance with upgrades, repairs, and maintenance of the park, buildings, and equipment demonstrates a commitment to preserving and improving this community asset.
Notably, the society's significant donation of $1,000,000 towards the demolition and construction of a new multi-functional building aligns with the park's master plan, showcasing their dedication to the long-term development and sustainability of the McCormick Stillman Railroad Park. Through their ongoing efforts, the Scottsdale Railroad & Mechanical Society has played a vital role in enhancing the cultural and recreational opportunities available to residents and visitors in Scottsdale, AZ.
This information is meant to be a general summary of Scottsdale Railroad & Mechanical 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $26,821
- Program Service Revenue: $331,357
- Gross Receipts: $596,419
Assets and Liabilities:
- Total Assets: $3,908,401
- Total Liabilities: $0
- Net Assets: $3,908,401
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RIDE REVENUE
Revenue
$331,357
Organization Details
Founding Year
1992
Phone
(480) 312-8501Principal Officer
Eric B Damko
Main Address
7301 EAST INDIAN BEND ROAD, SCOTTSDALE, AZ, 85250
Website
www.therailroadpark.comNTEE Category
Code: A54Z - Arts
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