Regional Trail Corporation
- Assets
- $22.4m
- Revenue
- $772.5k
- Investments
- $398.1k
- Employees
- 7
- Location
- West Newton, PA
- Founding
- 07/1992
- Data as of
- 12/2021
- EIN
- 25-1660116
Organization Overview
Regional Trail Corporation is located in West Newton, PA. The organization was established in 1992. According to its NTEE Classification (C50) the organization is classified as: Environmental Beautification, under the broad grouping of Environment and related organizations. As of 12/2021, Regional Trail Corporation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Regional Trail Corporation 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, Regional Trail Corporation generated $772.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $581.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (19.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ACQUIRE, DEVELOP, MANAGE AND MAINTAIN APPROPRIATE TRAIL AND WATER CORRIDORS WITHIN SOUTHWESTERN PA IN PARTNERSHIP WITH LOCAL TRAIL CHAPTERS AND COUNCILS TO PROMOTE OPPORTUNITIES FOR RECREATION, VOLUNTEERISM, EDUCATION, TOURISM, ECONOMIC DEVELOPMENT, AND HISTORIC AND ENVIRONMENTAL CONSERVATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAINED REGIONAL BIKING & WALKING TRAILS AND EDUCATED & DEVELOPED THE PUBLIC'S AWARENESS OF THE OPPORTUNITIES AND RESOURCES AVAILABLE ALONG THE TRAILS AND SURROUNDING AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Malcom Sias President | OfficerTrustee | 5 | $0 |
Andy Baechle Vice Preside | OfficerTrustee | 1 | $0 |
Linda Boxx Vice Preside | OfficerTrustee | 4 | $0 |
John Irwin Vice Preside | OfficerTrustee | 4 | $0 |
Brandon Simpson Treasurer | OfficerTrustee | 3 | $0 |
Vernon Ohler Secretary | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $1,213 |
| Membership dues | $38,648 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $105,078 |
| All other contributions, gifts, grants, and similar amounts not included above | $392,796 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $537,735 |
| Total Program Service Revenue | $57,759 |
| Investment income | $11,464 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $66,195 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $95,886 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $772,544 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $52,248 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $19,532 |
| Payroll taxes | $4,353 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,000 |
| Fees for services: Accounting | $8,715 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $36,841 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,880 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,942 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $277,041 |
| Insurance | $45,390 |
| All other expenses | $7,067 |
| Total functional expenses | $581,737 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $805,340 |
| Savings and temporary cash investments | $178,684 |
| Pledges and grants receivable | $11,668 |
| Accounts receivable, net | $11,827 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $49,364 |
| Prepaid expenses and deferred charges | $10,133 |
| Net Land, buildings, and equipment | $20,290,791 |
| Investments—publicly traded securities | $289,555 |
| Investments—other securities | $398,115 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $385,101 |
| Total assets | $22,430,578 |
| Accounts payable and accrued expenses | $11,261 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $21,647 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $32,908 |
| Net assets without donor restrictions | $21,967,925 |
| Net assets with donor restrictions | $429,745 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $22,430,578 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Regional Trail Corporation has recieved totaling $148,086.
| Awarding Organization | Amount |
|---|---|
Katherine Mabis Mckenna Foundation Inc Latrobe, PA PURPOSE: GENERAL SUPPORT | $50,000 |
Katherine Mabis Mckenna Foundation Inc Latrobe, PA PURPOSE: GAP TRAIL MAINTENANCE FUND | $25,000 |
Katherine Mabis Mckenna Foundation Inc Latrobe, PA PURPOSE: GENERAL SUPPORT - WYTC | $25,000 |
Richard King Mellon Foundation Dtd 01-01-47 Pittsburgh, PA PURPOSE: TO PURCHASE A REPLACEMENT TRACTOR FOR TRAIL MAINTENANCE VOLUNTEERS TO PROPERLY MAINTAIN AN 11-MILE SECTION OF THE GREAT ALLEGHENY PASSAGE | $15,000 |
Richard King Mellon Foundation Dtd 01-01-47 Pittsburgh, PA PURPOSE: TO PURCHASE A REPLACEMENT TRACTOR FOR TRAIL MAINTENANCE VOLUNTEERS TO PROPERLY MAINTAIN AN 11-MILE SECTION OF THE GREAT ALLEGHENY PASSAGE | $15,000 |
Pittsburgh Foundation Pittsburgh, PA PURPOSE: ENVIRONMENT | $10,547 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fairmount Park Conservancy Philadelphia, PA | $18,681,659 | $13,830,460 |
Chesapeake Conservancy Inc Annapolis, MD | $13,236,349 | $13,997,052 |
New York Restoration Project New York, NY | $17,760,231 | $5,638,155 |
Columbiana Restoration & Beautification Committee Columbiana, OH | $434,099 | $3,165,275 |
National Center For Electronics Recyling Vienna, WV | $611,266 | $3,611,645 |
Capital Crossroads Spec Improvement District Of Columbia Inc Columbus, OH | $1,963,441 | $3,189,743 |
Nurture Nature Foundation New York, NY | $30,506,291 | $2,642,254 |
The Greenwood Gardens & Nature Short Hills, NJ | $30,406,289 | $2,445,108 |
Friends Of Derry Township Parks & Recreation Hershey, PA | $223,882 | $913,516 |
Greater Newark Conservancy Inc Newark, NJ | $13,066,036 | $2,115,520 |
Wethersfield Foundation Inc Amenia, NY | $44,341,605 | $3,639,809 |
Friends Of The Pittsburgh Urban Forest Pittsburgh, PA | $3,690,341 | $1,725,352 |