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Railroading Heritage Of Midwest America Inc

Friends Of The 261

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411723120 ✦ Inver grove heights, MN ✦ Designated as a 501(c)(3)

Overview

What is Railroading Heritage Of Midwest America Inc?

Railroading Heritage Of Midwest America Inc, commonly known as Friends of the 261, is a nonprofit organization situated in Inver Grove Heights, Minnesota. Their primary mission revolves around fostering public comprehension of Midwest railroad history. They accomplish this by preserving, restoring, operating, and interpreting historic locomotives and rail cars. This includes maintaining a collection of vintage locomotives and rolling stock, such as Skytop and Superdome, and offering public excursions, such as the Windy-City Express. Throughout the year, they organize scenic tours around the Midwest and beyond, allowing hundreds of individuals to witness these beautifully restored historical vehicles. The organization's dedication to their mission attracted thousands of visitors, providing an enriching experience that showcases the rich rail history of the Midwest. With a team of 9 dedicated employees, Railroading Heritage Of Midwest America Inc continues to spread awareness and passion for railroad heritage.


Official website here: www.261.com

Is Railroading Heritage Of Midwest America Inc legitimate?

Railroading Heritage Of Midwest America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Railroading Heritage Of Midwest America 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.

Here are some key statistics you may want to consider:

Executive Compensation: $198,078
Professional Fundraising Fees: $0
Other Salaries and Wages: $177,215

For more financial information, click here


Official website here: www.261.com

What is the mission statement of Railroading Heritage Of Midwest America Inc?

Railroading Heritage Of Midwest America Inc's mission is centered around promoting public understanding of railroading history in the Midwest. They achieve this by preserving, restoring, operating, and interpreting historic locomotives and rail cars. The organization's activities include maintaining and displaying historic rail vehicles, conducting public excursions with beautifully restored locomotives, and offering scenic trips around the Midwest and across the United States. Thousands of people have been able to observe these historic locomotives and rail cars during their excursions, providing a unique opportunity to learn about the past of railroading.


Official website here: www.261.com

Who is the CEO of Railroading Heritage Of Midwest America Inc?

Steve Sandberg is the President of Railroading Heritage Of Midwest America Inc.


Official website here: www.261.com

What is the revenue of Railroading Heritage Of Midwest America Inc?

Railroading Heritage Of Midwest America Inc's revenue in 2022 was $9,819,014.


Official website here: www.261.com

Who are the executives of Railroading Heritage Of Midwest America Inc and what are their salaries?

The average compensation at Railroading Heritage Of Midwest America Inc during 2022 was $41,699. There are 9 employees and 60 volunteers at Railroading Heritage Of Midwest America Inc.

Here are 6 key members and their salaries:

    Steve Sandberg (President) [Trustee/Director]
  • Compensation: $146,640
  • Related: $0
  • Other: $0

    • Megan Sandberg (Vice Preside) [Trustee/Director]
  • Compensation: $48,726
  • Related: $0
  • Other: $0

    • Ed Selinsky (Director)
  • Compensation: $2,712
  • Related: $0
  • Other: $0

    • Richard Boulet (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erik Hoofnagle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jon Strand (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.261.com

    Where can I find the form 990 for Railroading Heritage Of Midwest America Inc?

    The Railroading Heritage Of Midwest America Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.261.com

    Learn more at the official website: www.261.com

    Mission Statement of Railroading Heritage Of Midwest America Inc

    Railroading Heritage of Midwest America Inc, in its mission, aims to foster public understanding of the historical significance of railroading in the Midwest. The organization achieves this by preserving, restoring, operating, and interpreting historic locomotives and rail cars. By doing so, they provide an immersive experience that allows people to connect with the past, gaining insights into the evolution of railroading in the Midwest.

    In practice, RHMA preserves and maintains historic locomotives and rolling stock, ensuring these valuable artifacts are well-maintained and available for public viewing. They also offer scenic excursions around the Midwest and beyond, such as the Windy-City Express, which took passengers from St. Paul to Chicago. During these excursions, travelers could observe beautifully restored historic locomotives and rail cars, adding an authentic touch to their journey.

    In summary, Railroading Heritage of Midwest America Inc serves as a guardian of railroad history, preserving and sharing its rich past with the public. Through their efforts, individuals can appreciate the evolution of railroading in the Midwest and gain a deeper understanding of this significant transportation era.

    Impact

    This information is meant to be a general summary of Railroading Heritage Of Midwest America Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Railroading Heritage Of Midwest America Inc has made a significant impact by promoting public understanding of the history of railroading in the Midwest through the preservation, restoration, operation, and interpretation of historic locomotives and rail cars. The organization has successfully preserved, maintained, and displayed historic locomotives and rolling stock, attracting hundreds of visitors to its permanent home site in Minneapolis. Additionally, RHMA has offered scenic excursions around the Midwest and the United States, including popular "Windy-City Express" roundtrips from St. Paul to Chicago, drawing thousands of attendees. Through these efforts, the organization has brought attention to beautifully restored historic locomotives, coaches, and other rail cars, enhancing public appreciation for this aspect of arts and transportation history.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,368
  • Program Service Revenue: $2,258,333
  • Gross Receipts: $9,819,014

    • Assets and Liabilities:
  • Total Assets: $10,840,038
  • Total Liabilities: $803,353
  • Net Assets: $10,036,685
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    LABOR AND SERVICE REVENUE

    Revenue

    $756,448

    EXCURSION TICKET SALES

    Revenue

    $692,891

    CHARTER INCOME

    Revenue

    $572,670

    STORAGE FEES

    Revenue

    $100,578

    COACH RENTAL

    Revenue

    $81,445

    Organization Details

    Founding Year

    1991

    Principal Officer

    Steve Sandberg

    Main Address

    11686 AZURE LANE, INVER GROVE HEIGHTS, MN, 55077

    NTEE Category

    Code: A85A - Arts

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