Lionel Railroad Club Inc is located in New Berlin, WI. The organization was established in 1998. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lionel Railroad Club Inc 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, Lionel Railroad Club Inc generated $45.2k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $31.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 5 years. 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
TO FULFIL OUR PRIMARY MISSION
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
Michael Hilbert Director  | 5 | $0 | |
William Milbrath Director  | 5 | $0 | |
Robert Sobolic Director  | 5 | $0 | |
Ralph Krawczyk Director  | 5 | $0 | |
Mike Wattson Director  | 5 | $0 | |
David Rohr Vice President  | 10 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,977 | 
| Total Program Service Revenue | $31,251 | 
| Membership dues | $12,595 | 
| Investment income | $3,175 | 
| Gain or Loss | -$7,219 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $45,231 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $1,966 | 
| Salaries, other compensation, and employee benefits | $0 | 
| Professional fees and other payments to independent contractors | $0 | 
| Occupancy, rent, utilities, and maintenance | $29,111 | 
| Printing, publications, postage, and shipping | $0 | 
| Other expenses | $0 | 
| Total expenses | $31,077 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $295,764 | 
| Other assets | $0 | 
| Total assets | $483,976 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $483,976 |