Overview
What is Nevada Northern Railway Foundation?
Nevada Northern Railway Foundation is a nonprofit organization based in Ely, Nevada, with a postal address of PO Box 150040. Their primary mission is to foster public understanding and admiration for White Pine County's historical background. They achieve this goal through engaging steam train excursions and a museum dedicated to preserving and showcasing the railroad's rich heritage. The foundation meticulously restores and maintains the entire collection of Nevada Northern Railway, including locomotives, railroad cars, and equipment. Additionally, they safeguard and exhibit seventy-two historic buildings and structures, imparting the essence of the "can-do" spirit that shaped both Nevada and the United States. The museum also serves as a hub for teaching and sharing essential mechanical skills required for preserving and operating railroad components. The Nevada Northern Railway Foundation's operations contribute positively to the local tourism economy of White Pine County.
Official website here: www.nevadanorthernrailway.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Nevada Northern Railway Foundation has received a commendable Four-Star rating from Charity Navigator, indicating strong performance in accountability and finance, with an overall score derived from a perfect accountability and finance score of 96%. This high rating reflects the organization's commitment to transparency and prudent financial management, making it a reliable choice for donors who prioritize these values.
Strengths of the foundation include a fully independent board of directors, with 100% of its members being independent, ensuring unbiased governance. They also have robust financial practices, as evidenced by their strong program expense ratio of 71.78%, indicating a significant portion of funds directed towards their programs. The organization has well-established policies in place, such as conflict of interest and whistleblower policies, underscoring its dedication to ethical operations.
While the organization has performed well overall, details on specific programmatic impact and community feedback were not provided, which could offer deeper insight into the efficacy of their initiatives. However, the financial health and governance structure indicate a sound foundation for future growth and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Nevada Northern Railway Foundation legitimate?
Nevada Northern Railway Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nevada Northern Railway Foundation 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: $161,649
Professional Fundraising Fees: $0
Other Salaries and Wages: $685,815
For more financial information, click here
Official website here: www.nevadanorthernrailway.net
What is the mission statement of Nevada Northern Railway Foundation?
The Nevada Northern Railway Foundation's mission is centered around enhancing public understanding and admiration for the historical significance of White Pine County, Nevada. This objective is achieved through the operation of vintage steam train rides and a museum, which serves to preserve and showcase the region's rich past. The museum's mission involves restoring and operating the entire Nevada Northern Railway collection for the instruction and pleasure of present and future generations. It also aims to safeguard and exhibit the museum's seventy-two buildings and associated railroad equipment permanently. The foundation strives to keep alive the spirit and ambition that not only shaped Nevada but also the United States. Furthermore, it aims to educate individuals about the essential heritage industrial arts, mechanics, and techniques required to maintain and operate all components of the railway.
Official website here: www.nevadanorthernrailway.net
Who is the CEO of Nevada Northern Railway Foundation?
Mark S Bassett is the President of Nevada Northern Railway Foundation.
Official website here: www.nevadanorthernrailway.net
What is the revenue of Nevada Northern Railway Foundation?
Nevada Northern Railway Foundation's revenue in 2022 was $3,161,357.
Official website here: www.nevadanorthernrailway.net
Who are the executives of Nevada Northern Railway Foundation and what are their salaries?
The average compensation at Nevada Northern Railway Foundation during 2022 was $28,249. There are 30 employees and 49 volunteers at Nevada Northern Railway Foundation.
Here are 9 key members and their salaries:
- Compensation: $104,808
- Related: $0
- Other: $0
- Compensation: $56,841
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nevadanorthernrailway.net
Where can I find the form 990 for Nevada Northern Railway Foundation?
Nevada Northern Railway Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nevadanorthernrailway.net
Learn more at the official website: www.nevadanorthernrailway.net
Mission Statement of Nevada Northern Railway Foundation
The Nevada Northern Railway Foundation's mission revolves around enhancing public understanding and appreciation for White Pine County's historical background. This objective is achieved through the organization of historic steam train rides and a museum, meticulously preserving and restoring an essential piece of the county's rich past. The foundation's primary goal is to safeguard and restore the entire collection of the Nevada Northern Railway, ensuring its availability for both present and future generations.
The museum's mission also includes preserving its seventy-two buildings and structures, serving as permanent homes for the locomotives, railroad cars, and equipment. The foundation aims to honor the "can-do" spirit and vision that not only shaped Nevada but the United States as a whole. Furthermore, it seeks to educate and make accessible the indispensable heritage of industrial arts, mechanical skills, and techniques required to maintain, preserve, and operate all components of the railroad. By doing so, the Nevada Northern Railway Foundation perpetuates the memory of this remarkable legacy and continues to inspire generations to come.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Nevada Northern Railway Foundation has a significant impact on the preservation and promotion of the history of White Pine County, Nevada. Through its operation of historic steam train rides and a museum dedicated to maintaining and showcasing the area's illustrious past, the foundation plays a vital role in educating and engaging both present and future generations.
The foundation's commitment to preserving and restoring the complete collection of the Nevada Northern Railway is crucial in ensuring that this rich history is not lost but rather made accessible for all to enjoy. By maintaining and protecting the museum's numerous buildings, structures, locomotives, and equipment, the foundation helps to perpetuate the memory of the visionary spirit that built not only Nevada but also the United States as a whole.
Moreover, the foundation's activities, such as offering historic sightseeing train rides and organizing tours that highlight the train and museum, have a tangible impact on the local tourism economy of White Pine County. The increasing ridership and interest in these offerings not only benefit the foundation but also support the economic growth and development of the region.
Furthermore, the foundation's efforts have been recognized on a national level, with the Nevada Northern Railway Museum receiving a prestigious National Historic Landmark designation by the National Park Service. This recognition underscores the foundation's dedication to preserving one of the best-preserved shortline railroads in the nation.
In summary, the Nevada Northern Railway Foundation's impact extends beyond just preserving history; it also contributes to the cultural enrichment, economic vitality, and educational opportunities for the community and visitors alike.
This information is meant to be a general summary of Nevada Northern Railway Foundation. 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: $3,047
- Program Service Revenue: $1,004,350
- Gross Receipts: $3,161,357
Assets and Liabilities:
- Total Assets: $12,315,978
- Total Liabilities: $1,094,279
- Net Assets: $11,221,699
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Gift shop
Revenue
$188,872
Ticket sales
Revenue
$815,478
Organization Details
Founding Year
1985
Phone
(775) 289-2085Principal Officer
Mark S Bassett
Main Address
PO Box 150040, Ely, NV, 89315
NTEE Category
Code: A54 - Arts
If you are a representative of Nevada Northern Railway Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.