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Railroad Research Foundation

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

EIN: 522344655 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is Railroad Research Foundation?

The Railroad Research Foundation is a public charity, established with the primary mission of conducting research in the railroad sector. They operate from Washington D.C., specifically at 425 THIRD STREET SW 20024. The foundation plays a crucial role in the railroad industry by providing a risk assessment tool, recognized as a key enabler, in accordance with licensing agreements with seven Class I and four shortline railroads. This tool aids in achieving compliance with the Rail Safety Improvement Act of 2008, by assisting in risk evaluation objectives. The foundation offers application and user hosting, technical support, and data integration capabilities for this tool.


Is Railroad Research Foundation legitimate?

Railroad Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Railroad Research 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Railroad Research Foundation?
Who is the CEO of Railroad Research Foundation?
What is the revenue of Railroad Research Foundation?
Who are the executives of Railroad Research Foundation and what are their salaries?
Where can I find the form 990 for Railroad Research Foundation?

Mission Statement of Railroad Research Foundation

The Railroad Research Foundation, serving as a public charity, is dedicated to conducting research related to the railroad industry. Its primary mission is to utilize licensing agreements with several Class I and shortline railroads, as well as a recognized risk assessment tool, to aid the railroad industry in achieving compliance with the Rail Safety Improvement Act of 2008. The organization provides assistance with application hosting, technical support, data integration, and user capabilities, thereby playing a significant role in enhancing risk evaluation within the railroad sector.

Impact

This information is meant to be a general summary of Railroad Research Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

The Railroad Research Foundation's impact can be seen in its significant contributions to conducting railroad-related research. Through its licensing agreements with major Class I and shortline railroads, the Foundation has developed the RCRMS freight railroad risk assessment tool. This tool is recognized as a key technology that helps the railroad industry evaluate risks and comply with the Rail Safety Improvement Act of 2008. The Foundation provides application hosting, technical support, and data integration services to support the industry in achieving its risk evaluation objectives. Its work plays a crucial role in enhancing safety and efficiency within the railroad sector.





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: $0
  • Program Service Revenue: $842,677
  • Gross Receipts: $842,677

    • Assets and Liabilities:
  • Total Assets: $20,100
  • Total Liabilities: $10,108
  • Net Assets: $9,992
  • Programs

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

    RCRMS LICENSE FEES

    Revenue

    $842,677

    Organization Details

    Founding Year

    1999

    Principal Officer

    Ian Jefferies

    Main Address

    425 THIRD STREET SW 910, WASHINGTON, DC, 20024

    NTEE Category

    Code: N20 - Recreation

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