RAILWAY AND LOCOMOTIVE HISTORICAL SOCIETYINC

EIN: 046045668 501(c)(3)

UNIVERSITY PARK, FL

Total Revenue
$517,646
Total Expenses
$144,425
Total Assets
$3,046,994
Net Assets
$2,938,300
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1921
Legal Domicile
MA
Principal Officer
PAUL A GIBSON
Phone
5083971828
Tax Period
2024-01-01 to 2024-12-31

RAILWAY AND LOCOMOTIVE HISTORICAL SOCIETYINC, founded in 1921, is a small nonprofit that reported $518K in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $373K, a strong 72% operating margin.

Mission

TO COLLECT, INTERPRET, PRESERVE AND DISSEMINATE INFORMATION RELATING TO RAILROAD HISTORY. THE SOCIETY MAINTAINS ARCHIVES AT A PROMINENT MUSEUM AND PUBLISHES "JOURNAL OF RAILROAD HISTORY" TWICE ANNUALLY.

Program Service Accomplishments

Program 1

"JOURNAL OF RAILROAD HISTORY" WAS PUBLISHED TWICE IN 2024. MEMBERS RECEIVE THE BOOK AS A MEMBERSHIP BENEFIT. SOME COPIES ARE SOLD. BACK ISSUES ARE AVAILABLE FOR SALE TO MEMBERS AND OTHERS. A SMALL...

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"JOURNAL OF RAILROAD HISTORY" WAS PUBLISHED TWICE IN 2024. MEMBERS RECEIVE THE BOOK AS A MEMBERSHIP BENEFIT. SOME COPIES ARE SOLD. BACK ISSUES ARE AVAILABLE FOR SALE TO MEMBERS AND OTHERS. A SMALL AMOUNT OF ADVERTISING REVENUE IS DERIVED FROM ORGANIZATIONS PROMOTING RAILROAD HISTORICAL SERVICES AND MEDIA.

Program 2
Expenses: $51,395

THE RAILWAY & LOCOMOTIVE HISTORICAL SOCIETY IS PROUD TO SPONSOR SCHOLARSHIPS TO PROMOTE THE STUDY, AT A PROFESSIONAL ACADEMIC LEVEL, OF RAILROAD HISTORY AND OPERATIONS. BOTH ADVANCED UNDERGRADUATES...

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THE RAILWAY & LOCOMOTIVE HISTORICAL SOCIETY IS PROUD TO SPONSOR SCHOLARSHIPS TO PROMOTE THE STUDY, AT A PROFESSIONAL ACADEMIC LEVEL, OF RAILROAD HISTORY AND OPERATIONS. BOTH ADVANCED UNDERGRADUATES (3RD AND 4TH YEAR) AND GRADUATE STUDENTS MAY APPLY. SCHOLARSHIP APPLICANTS MUST BE ENROLLED, AT AN ACCREDITED COLLEGE/UNIVERSITY IN A DEGREE-SEEKING PROGRAM IN THE 2024-2025 ACADEMIC YEAR. THE PROGRAM IS OPEN TO STUDENTS MAJORING IN HISTORY, TRANSPORTATION/TRANSPORTATION LOGISTICS, OR OTHER MAJORS WHERE THE STUDENT'S WORK HAS A DEMONSTRATED CONNECTION TO RAILROAD OPERATIONS, ENGINEERING, OR HISTORY

Program 3
Expenses: $52,181

THE SOCIETY HAS AN AWARDS PROGRAM THAT RESEARCHES DISTINGUISHED RAILROAD PUBLICATIONS (BOOKS, ARTICLES, PHOTOGRAPHY) AND SENIOR ACHIEVEMENT IN THE FIELD OF RAILROAD HISTORY. AN HONORARIUM OF 250 IS...

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THE SOCIETY HAS AN AWARDS PROGRAM THAT RESEARCHES DISTINGUISHED RAILROAD PUBLICATIONS (BOOKS, ARTICLES, PHOTOGRAPHY) AND SENIOR ACHIEVEMENT IN THE FIELD OF RAILROAD HISTORY. AN HONORARIUM OF 250 IS ASSOCIATED WITH THESE AWARDS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $61,639
Program Service Revenue $16,012
Investment Income $439,995
Other Revenue $0
TOTAL REVENUE $517,646

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $109,079
Other Expenses $144,425
TOTAL EXPENSES $144,425

Year-over-Year Comparison

2024 2023 Change
Revenue $517,646 $349,517 +0.5%
Expenses $144,425 $104,539 +0.4%
Net Income $373,221 $244,978 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
24
Independent Members
24
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
24
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT F HOLZWEISS PRESIDENT N/A
Officer Director
$0 $0 $0
PAUL A GIBSON EXEC VP/TREA N/A
Officer Director
$0 $0 $0
JOHN J ATHERTON SECREATARY N/A
Officer Director
$0 $0 $0
RONALD D GOLDFEDER MEMBER SECRE N/A
Director
$0 $0 $0
ALDEN H DREYER CORP CLERK N/A
Director
$0 $0 $0
NICHOLAS FRY DIRECTOR N/A
Director
$0 $0 $0
PAUL FERBER DIRECTOR N/A
Director
$0 $0 $0
KENNETH C MILLER DIRECTOR N/A
Director
$0 $0 $0
DAVID PFEIFFER DIRECTOR N/A
Director
$0 $0 $0
LAURA K SMITH DIRECTOR N/A
Director
$0 $0 $0
DAVID STARE DIRECTOR N/A
Director
$0 $0 $0
STEVEN E JONES DIR/CHAPTER N/A
Director
$0 $0 $0
ROBERT H TIGNER DIR/CHAPTER N/A
Director
$0 $0 $0
STEPHEN J HEETLAND DIR/CHAPTER N/A
Director
$0 $0 $0
PAUL GUERCIO JR DIR/CHAPTER N/A
Director
$0 $0 $0
JAMES LOWERY DIR/CHAPTER N/A
Director
$0 $0 $0
KEVIN G VARRATO DIR/CHAPTER N/A
Director
$0 $0 $0
PAUL BARNES DIR/CHAPTER N/A
Director
$0 $0 $0
DAVID HUELSING DIR/CHAPTER N/A
Director
$0 $0 $0
ROBERT MCCABE DIR/CHAPTER N/A
Director
$0 $0 $0
RON SWEHLA DIR/CHAPTER N/A
Director
$0 $0 $0
BENJAMIN KLETZER DIR/ CHAPTER N/A
Director
$0 $0 $0
DARYL MUNDIS DIR/CHAPTER N/A
Director
$0 $0 $0
STEVE BAXENDALE DIR/CHAPTER N/A
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $517,646 $144,425 $3,046,994 $373,221
2023 $349,517 $104,539 $2,670,103 $244,978
2022 $-84,137 $103,545 $2,430,859 $-187,682
2021 $500,393 $67,381 $2,618,564 $433,012
2020 $320,824 $79,360 $2,150,790 $241,464
2019 $451,070 $63,487 $1,926,231 $387,583
2018 $21,049 $90,419 $1,543,477 $-69,370
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