Overview
What is Vintage Trolley Inc?
Vintage Trolley Inc is a nonprofit organization situated in Portland, Oregon, specifically at 421 SW 6th Ave 750. Their primary mission is to offer vintage trolley vehicles to the city of Lake Oswego at no cost, operating under Willamette Shore Trolley. The organization's activities are reported by the non-profit Oregon Electric Railway Historical Society. The main objective of Vintage Trolley Inc is to promote awareness of Portland and Lake Oswego's downtown historic districts, achieved through the operation of vintage trolley cars.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (73%)
Vintage Trolley Inc has received a two-star rating, indicating that there is significant room for improvement in its accountability and financial practices. While the organization shows strength in areas such as having a majority of independent board members and a solid program expense ratio, it faces challenges in transparency and governance practices, such as lacking a whistleblower policy and a conflict of interest policy.
The organization's strong program expense ratio of 99.48% suggests that it allocates a large portion of its funds directly to its programs. However, its low scores in accountability measures, including not providing essential documents on its website and lacking policies that ensure ethical governance, raise concerns about its operational oversight.
Overall, while Vintage Trolley Inc demonstrates commitment through its program expenditures, its governance practices need substantial enhancement. Addressing these limitations could significantly improve its accountability rating and, in turn, bolster donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Vintage Trolley Inc legitimate?
Vintage Trolley Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vintage Trolley 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:
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Other Salaries and Wages: $0
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What is the mission statement of Vintage Trolley Inc?
Vintage Trolley Inc, in its mission, aims to raise awareness about the historic districts of Portland and Lake Oswego. To accomplish this, the organization provides vintage trolley vehicles at no cost, operating under Willamette Shore Trolley. The mission is served by reporting ridership data to the non-profit Oregon Electric Railway Historical Society. This initiative not only showcases the rich history of these districts but also offers a unique and nostalgic transportation experience for the public.
Who is the CEO of Vintage Trolley Inc?
Richard Gustafson is the Director of Vintage Trolley Inc.
What is the revenue of Vintage Trolley Inc?
Vintage Trolley Inc's revenue in 2022 was $73,039.
Who are the executives of Vintage Trolley Inc and what are their salaries?
There 4 volunteers at Vintage Trolley Inc.
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Where can I find the form 990 for Vintage Trolley Inc?
Vintage Trolley Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Vintage Trolley Inc
Vintage Trolley Inc, a non-profit organization, is dedicated to promoting awareness of the historical downtown districts of Portland and Lake Oswego. To achieve this mission, Vintage Trolley Inc provides vintage trolley vehicles at no cost to the city of Lake Oswego. Operated by Willamette Shore Trolley, this service allows riders to explore these districts while immersing themselves in the rich history and charm of these areas. Ridership data for Vintage Trolley Inc is compiled and reported by the non-profit Oregon Electric Railway Historical Society. By offering this unique and educational experience, Vintage Trolley Inc contributes to preserving the historical character of these districts and fostering a deeper appreciation for their past.
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Impact
August, 2024
Vintage Trolley Inc's impact lies in providing vintage trolley vehicles to the city of Lake Oswego at no cost. This initiative helps promote awareness of the downtown historic districts of Portland and Lake Oswego. By operating these trolley cars, Vintage Trolley Inc contributes to preserving the rich heritage and history of these areas while offering a unique transportation experience for residents and visitors.
This information is meant to be a general summary of Vintage Trolley 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.
- Investment Income: $2,156
- Gross Receipts: $73,039
Assets and Liabilities:
- Total Assets: $550,585
- Total Liabilities: $0
- Net Assets: $550,585
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Organization Details
Founding Year
1991
Phone
(503) 323-7363Principal Officer
Richard Gustafson
Main Address
421 SW 6TH AVE 750, PORTLAND, OR, 97204
NTEE Category
Code: Z99Z - Unknown
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