CHESAPEAKE & OHIO HISTORICAL SOCIETY INC

EIN: 550561056 501(c)(3)

CLIFTON FORGE, VA

Total Revenue
$464,664
Total Expenses
$500,468
Total Assets
$4,514,396
Net Assets
$4,257,506
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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
VA
Principal Officer
CLIFF CLEMENTS
Phone
5408622210
Tax Period
2025-01-01 to 2025-12-31

CHESAPEAKE & OHIO HISTORICAL SOCIETY INC, founded in 1977, is a small nonprofit that reported $349K in total revenue in fiscal year 2017. Revenue fell 22% from the prior year — a significant decline worth monitoring. Net assets of $4.1M represent 142 months of operating reserves.

Mission

TO COLLECT, PRESERVE AND INTERPRET IN PERPETUITY THE CONTINUING HISTORY OF THE CHESAPEAKE & OHIO RAILWAY, ITS PREDECESSORS AND SUCCESSORS. TO SHARE THE HISTORY BY DISSEMINATING IT, OR OTHERWISE MAKING IT ACCESSIBLE TO THE SOCIETY'S MEMBERSHIP AND ALL OTHERS.

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Trantor Score

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $190,310
Program Service Revenue $0
Investment Income $814
Other Revenue $273,540
TOTAL REVENUE $464,664

Expense Breakdown

Grants Paid $0
Salaries & Benefits $207,506
Fundraising Expenses $0
Program Expenses $400,376
Other Expenses $292,962
TOTAL EXPENSES $500,468

Year-over-Year Comparison

2025 2024 Change
Revenue $464,664 $448,707 +0.0%
Expenses $500,468 $476,237 +0.1%
Net Income $-35,804 $-27,530 +0.3%
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
12
Independent Members
12
Employees
8
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
4
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK TOTTEN BOARD MEMBER 2.00
Officer Director
$0 $0 $0
CLIFFORD CLEMENTS INTERIM PRESIDENT 2.00
Officer Director
$0 $0 $0
WILLIAM F MICHIE III SECRETARY 2.00
Officer Director
$0 $0 $0
JOHN C WATSON CHAIRMAN 2.00
Officer Director
$0 $0 $0
MATT CROUCH BOARD MEMBER 2.00
Director
$0 $0 $0
BRYAN KIDD BOARD MEMBER 2.00
Director
$0 $0 $0
JEREMY FERRELL BOARD MEMBER 2.00
Director
$0 $0 $0
ROBERT JACKSON BOARD MEMBER 2.00
Director
$0 $0 $0
JAMES J CORBETT BOARD MEMBER 2.00
Director
$0 $0 $0
CHARLES F GARTRELL BOARD MEMBER 2.00
Director
$0 $0 $0
KAREN PARKER BOARD MEMBER 2.00
Director
$0 $0 $0
BILL GRAY BOARD MEMBER 2.00
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 $464,664 $500,468 $4,514,396 $-35,804
2024 $448,707 $476,237 $4,575,825 $-27,530
2023 $458,305 $552,111 $4,608,311 $-93,806
2022 $448,374 $495,263 $4,723,601 $-46,889
2021 $367,820 $257,113 $4,786,354 $110,707
2021 $551,318 $477,873 $4,677,412 $73,445
2020 $532,926 $386,304 $4,658,474 $146,622
2019 $383,689 $378,910 $4,525,137 $4,779
2018 $348,619 $375,928 $4,525,761 $-27,309
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