Overview
What is Oregon Rail Heritage Foundation?
Oregon Rail Heritage Foundation is a nonprofit organization situated in Portland, Oregon, with a dedicated team of two individuals. Their primary focus is on preserving, operating, and sharing the public joy of three historic steam locomotives, donated to the city in 1958. One of these locomotives, the SP 4449, made history by pulling the American Freedom Train across the nation during the Bicentennial celebration in 1974-75. Apart from the Portland locomotives, the foundation maintains and operates vintage diesel switcher locomotives, and is recognized as the permanent owner of the Mount Emily Shay No. 1. The organization's mission is to educate the public about Oregon's rich and diverse railroad history, featuring historical railroad equipment and artifacts throughout its museum and rail yard. With approximately 35,000 visitors annually, the Oregon Rail Heritage Center is a free, volunteer-driven museum that hosts events, presentations, and exhibits, including the restored Brooklyn Turntable, which is set to reopen in fall 2023.
Official website here: www.orhf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Stars
The Oregon Rail Heritage Foundation has achieved an 81% overall score, which translates to a Three-Star rating on Charity Navigator. This rating is primarily based on the organization’s accountability and finance practices, reflecting a strong commitment to transparency and effective management of resources. The organization scored perfectly on several key metrics, including having a fully independent board and no reported material diversion of assets.
Strengths of the foundation include its high program expense ratio of 86.09%, which indicates that a significant majority of its spending directly supports its programs and mission. Additionally, the foundation has well-documented policies for conflict of interest, whistleblower protections, and document retention, demonstrating a robust governance framework. The foundation’s liabilities to assets ratio stands at an impressive 0.00%, showing that it maintains a healthy financial structure.
However, while the foundation excels in accountability and finance, further details about its programmatic impact or community outreach may provide a more complete picture of its effectiveness. Overall, the Oregon Rail Heritage Foundation is recognized for its strong financial management and governance, making it a reliable choice for potential donors interested in supporting heritage rail initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Oregon Rail Heritage Foundation legitimate?
Oregon Rail Heritage Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oregon Rail Heritage 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $113,204
For more financial information, click here
Official website here: www.orhf.org
What is the mission statement of Oregon Rail Heritage Foundation?
The Oregon Rail Heritage Foundation's mission is centered around the preservation, operation, and public enjoyment of historic locomotives, railroad equipment, and artifacts. By doing so, they aim to educate the public about Oregon's rich and diverse railroad history. The organization houses three historic steam locomotives, two vintage diesel switcher locomotives, and the Mount Emily Shay No. 1. The Shay serves as the core of an exhibit showcasing railroads' role in Oregon's logging economy. The center is a free museum, open to the public, and hosts events for members, featuring speakers and presentations on local railroad history. A significant upcoming exhibit is the restored Brooklyn Turntable, which will enhance the educational experience and expedite the movement of locomotives and rail equipment.
Official website here: www.orhf.org
Who is the CEO of Oregon Rail Heritage Foundation?
Rick Franklin is the President of Oregon Rail Heritage Foundation.
Official website here: www.orhf.org
What is the revenue of Oregon Rail Heritage Foundation?
Oregon Rail Heritage Foundation's revenue in 2022 was $1,020,951.
Official website here: www.orhf.org
Who are the executives of Oregon Rail Heritage Foundation and what are their salaries?
The average compensation at Oregon Rail Heritage Foundation during 2022 was $56,602. There are 2 employees and 300 volunteers at Oregon Rail Heritage Foundation.
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Official website here: www.orhf.org
Where can I find the form 990 for Oregon Rail Heritage Foundation?
Oregon Rail Heritage Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.orhf.org
Learn more at the official website: www.orhf.org
Mission Statement of Oregon Rail Heritage Foundation
The Oregon Rail Heritage Foundation is dedicated to preserving, operating, and making accessible Portland's historic locomotives, railroad equipment, and artifacts. This nonprofit organization aims to educate the public about Oregon's diverse and rich railroad history. By maintaining and operating various historic steam locomotives and vintage diesel switcher locomotives, the Oregon Rail Heritage Center brings the Pacific Northwest's past railroad era to life for visitors. The museum houses a collection of historical railroad equipment and artifacts, providing a glimpse into the region's railroad heritage. The organization's mission is carried out by volunteers who are passionate about preserving this significant part of Oregon's history. Over 35,000 people visit the museum each year, and regular events for members showcase local railroad history. One of the centerpieces of the Oregon Rail Heritage Foundation's mission is the restoration of the 99-year-old Brooklyn Turntable, which will expedite the movement of locomotives and rail equipment inside the Enginehouse and in the railyard.
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Impact
July, 2024
The Oregon Rail Heritage Foundation, through its Oregon Rail Heritage Center, plays a crucial role in preserving, operating, and sharing Portland's historic locomotives, railroad equipment, and artifacts. It educates the public about Oregon's rich railroad history, showcasing the significance of railroads in the region's development. The foundation maintains and operates several historic steam and diesel locomotives, including those with notable historical significance like the SP 4449, which pulled the American Freedom Train during the nation's Bicentennial celebration. With over 35,000 visitors annually, the foundation offers a free museum experience staffed by dedicated volunteers. It hosts regular events and exhibitions, such as the ongoing restoration of the 99-year-old Brooklyn Turntable, enhancing both the educational and operational aspects of the center. Through these efforts, the Oregon Rail Heritage Foundation contributes significantly to preserving and promoting Portland's rail heritage for future generations.
This information is meant to be a general summary of Oregon Rail Heritage 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: $16,633
- Program Service Revenue: $498,098
- Gross Receipts: $1,103,913
Assets and Liabilities:
- Total Assets: $7,496,655
- Total Liabilities: $0
- Net Assets: $7,496,655
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOLIDAY EXPRESS
Revenue
$439,002
TRAIN RIDES
Revenue
$59,096
Organization Details
Phone
(503) 233-1156Principal Officer
Rick Franklin
Main Address
PO BOX 42443, PORTLAND, OR, 97242
Website
www.orhf.orgNTEE Category
Code: A50 - Arts
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