L G B Model Railroad Club Inc
- Assets
- $40.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Quarryville, PA
- Founding
- 10/1983
- Data as of
- 12/2022
- EIN
- 58-1416310
Organization Overview
L G B Model Railroad Club Inc is located in Quarryville, PA. The organization was established in 1983. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. L G B Model Railroad Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, L G B Model Railroad Club Inc generated $65.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $62.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
TO CONDUCT SEMINARS AT MEETINGS AND CONVENTIONS TO EDUCATE MEMBERS AND THE GENERAL PUBLIC ABOUT MODEL RAILROAD TECHNOLOGY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Fowler Vice Preside | 0 | $0 | |
Jon Molesworth Vice Preside | 0 | $0 | |
William Harryman Director | 0 | $0 | |
Teya Caple-Woods Director | 0 | $0 | |
David C Wierowski Director | 0 | $0 | |
Ralph S Wilcox Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $358 |
| Total Program Service Revenue | $52,167 |
| Membership dues | $13,206 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $65,736 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $11,855 |
| Other expenses | $49,969 |
| Total expenses | $62,324 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,195 |
| Other assets | $0 |
| Total assets | $40,195 |
| Total liabilities | $0 |
| Net assets or fund balances | $40,195 |
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