North American Railcar Operators Association is located in Simi Valley, CA. The organization was established in 1996. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North American Railcar Operators Association is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, North American Railcar Operators Association generated $74.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $63.0k during the year ending 12/2023. While expenses have increased by 0.3% per year over the past 9 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PUBLISH A NEWSLETTER SIX TIMES PER YEAR, LISTING SCHEDULED MEETS, WANT ADS AND ARTICLES ON THE HISTORY AND CONSTRUCTION OF RAILCARS. FURNISH A RULE BOOK TO EACH MEMBER, WHICH ENCOURAGES THE SAFE OPERATION OF RAILROAD MOTORCARS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark North President | 15 | $0 | |
Leland Stewart Vice President | 2 | $0 | |
Wayne Parsons Treasurer | 15 | $0 | |
Bob Hastings Secretary | 15 | $0 | |
Jesse Mazzie Director | 2 | $0 | |
Brian Davis Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,406 |
| Total Program Service Revenue | $0 |
| Membership dues | $50,162 |
| Investment income | $1,967 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $74,287 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,781 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $32,396 |
| Other expenses | $27,867 |
| Total expenses | $63,044 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $92,849 |
| Other assets | $0 |
| Total assets | $92,849 |
| Total liabilities | $0 |
| Net assets or fund balances | $92,849 |