Central Electric Railfans Association
- Assets
- $269.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 09/1945
- Data as of
- 12/2023
- EIN
- 36-6085623
Organization Overview
Central Electric Railfans Association is located in Chicago, IL. The organization was established in 1945. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Electric Railfans Association 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 12/2023, Central Electric Railfans Association generated $59.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $96.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Sunderland President | 3 | $0 | |
David Zucker Vice Presidnet | 3 | $0 | |
Raymond Degroote Treasurer | 3 | $0 | |
Daniel Kelly Comptroller | 3 | $0 | |
Jon Asplund Director | 3 | $0 | |
Ed Graziano Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,401 |
| Total Program Service Revenue | $1,290 |
| Membership dues | $47,949 |
| Investment income | $4,194 |
| Gain or Loss | $2,430 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,070 |
| Total Revenue | $59,676 |
| 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 | $50,133 |
| Occupancy, rent, utilities, and maintenance | $1,574 |
| Printing, publications, postage, and shipping | $2,289 |
| Other expenses | $42,720 |
| Total expenses | $96,716 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $142,401 |
| Other assets | $0 |
| Total assets | $269,401 |
| Total liabilities | $0 |
| Net assets or fund balances | $269,401 |