ELECTRIC RAILROADERS ASSOCIATION INC

EIN: 136161591 501(c)(3) Recreation & Sports

New York, NY

Total Revenue
$205,570
Total Expenses
$129,525
Total Assets
$366,993
Net Assets
$324,479
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1947
Legal Domicile
DC
Principal Officer
Michael Gilkin
Phone
9177147087
Tax Period
2025-01-01 to 2025-12-31

ELECTRIC RAILROADERS ASSOCIATION INC, founded in 1947, is a small nonprofit in the Recreation & Sports sector that reported $206K in total revenue in fiscal year 2025. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $76K, a strong 37% operating margin.

Mission

Study the history and current operations of electric railways, including main line railroads, subways, and light rail systems. Publish Headlights Magazine on an annual or semi-annual basis on the subject of electric railway history. Publish the ERA Bulletin on a monthly basis to report electric railway current events and historical studies. Meet 10 times per year to make presentations on electric railway history and current events. Operate inspection trips to electric railway facilities and museums. Operate one international trip every other year to extensively study electric railway operations in a foreign country.

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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 (2025)

Revenue Breakdown

Contributions & Grants $63,112
Program Service Revenue $129,405
Investment Income $4,506
Other Revenue $8,547
TOTAL REVENUE $205,570

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $110,767
Other Expenses $129,525
TOTAL EXPENSES $129,525

Year-over-Year Comparison

2025 2024 Change
Revenue $205,570 $223,818 -0.1%
Expenses $129,525 $293,792 -0.6%
Net Income $76,045 $-69,974 -2.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
8

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
6
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Robert Newhouser President 3
Officer Director
$0 $0 $0
Jeffrey Erlitz First Vice President 6
Officer Director
$0 $0 $0
Subutay Musluoglu Second Vice President 3
Officer Director
$0 $0 $0
Robert Colorafi Third Vice President 3
Officer Director
$0 $0 $0
Michael Glikin Treasurer 8
Officer Director
$0 $0 $0
Yury Maller Membership Secretary 2
Officer Director
$0 $0 $0
Andrew Ludasi Director 2
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
2025 $205,570 $129,525 $366,993 $76,045
2024 $223,818 $293,792 $294,187 $-69,974
2023 $142,608 $87,172 $360,446 $55,436
2022 $151,883 $131,828 $309,281 $20,055
2021 $80,811 $57,992 $293,588 $22,819
2020 $182,544 $207,916 $270,514 $-25,372
2019 $118,336 $113,818 $295,813 $4,518
2018 $200,131 $274,120 $276,410 $-73,989
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