Poughkeepsie-Highland Railroad Bridge Co Inc

Organization Overview

Poughkeepsie-Highland Railroad Bridge Co Inc, operating under the name Walkway Over The Hudson, is located in Poughkeepsie, NY. The organization was established in 1994. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Walkway Over The Hudson employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Walkway Over The Hudson is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Walkway Over The Hudson generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. While expenses have increased by 1.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THROUGH ENGAGED STEWARDSHIP, WE ENHANCE THE WALKWAY EXPERIENCE, SUPPORT CAPITAL IMPROVEMENTS, AND DELIVER INNOVATIVE PROGRAMS THAT ATTRACT VISITORS AND CONTRIBUTE TO THE ECONOMIC VITALITY OF THE HUDSON VALLEY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO INSPIRE PEOPLE TO CONNECT TO THE BEAUTY OF THE HUDSON VALLEY THROUGH LONG-TERM STEWARDSHIP OF THE WALKWAY OVER THE HUDSON STATE HISTORIC PARK AND SUPPORT OF THE REGIONAL TRAIL SYSTEM, WHICH OFFERS PUBLIC ENJOYMENT OF THE BRIDGE'S HISTORIC ARCHITECTURE, THE SCENIC WONDERS OF THE HUDSON RIVER VALLEY AND THE DIVERSITY OF ITS RECREATIONAL AND CULTURAL ACTIVITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Elizabeth Waldstein
Executive Di
$142,614
Maureen Solero
Vice Chair
$0
John Storyk
Chair
$0
Michael Graham
Treasurer
$0
Kathleen Smith
Secretary
$0
Howie Schwartz
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$59,553
Fundraising events$128,165
Related organizations$0
Government grants $130,755
All other contributions, gifts, grants, and similar amounts not included above$1,706,184
Noncash contributions included in lines 1a–1f $40,693
Total Revenue from Contributions, Gifts, Grants & Similar$2,024,657
Total Program Service Revenue$0
Investment income $9,424
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $14,405
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $20,130
Miscellaneous Revenue$0
Total Revenue $2,093,682

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Poughkeepsie-Highland Railroad Bridge Co Inc has recieved totaling $25,344.

Awarding OrganizationAmount
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$15,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$10,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$194
Pfizer Foundation Inc

New York, NY

PURPOSE: MATCHING GIFTS

$150
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$517,448
Earnings$66,481
Admin Expense$4,571
Other Expense$30,000
Ending Balance$549,358

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