Central Montana Rail
- Assets
- $9.5m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 8
- Location
- Denton, MT
- Founding
- 05/1986
- Data as of
- 12/2022
- EIN
- 81-0429050
Organization Overview
Central Montana Rail is located in Denton, MT. The organization was established in 1986. According to its NTEE Classification (W40) the organization is classified as: Public Transportation Systems, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, Central Montana Rail employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Montana Rail is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Central Montana Rail generated $1.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $1.8m during the year ending 12/2022. While expenses have increased by 8.5% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
RAIL TRANSPORT AND RAIL REHABILITATION SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE RAIL TRANSPORT SERVICES AND REHABILITATION OF RAILWAYS TO THE AREAS SURROUNDING GERALDINE AND DENTON, MONTANA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carla Allen General Manager | Officer | 40 | $97,522 |
Mike Devries Vice Chairman | OfficerTrustee | 1 | $0 |
Donald Engellant Secretary/treasurer | OfficerTrustee | 1 | $0 |
Larry Barber Chairman | OfficerTrustee | 1 | $0 |
Karen Davis Director | Trustee | 1 | $0 |
Laurence Hess Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $137,144 |
| Investment income | $40,898 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $668,172 |
| Net Gain/Loss on Asset Sales | $204,063 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,447,583 |
| 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. | $97,522 |
| Compensation of current officers, directors, key employees. | $19,504 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $361,815 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $187,165 |
| Payroll taxes | $101,776 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,279 |
| Advertising and promotion | $1,525 |
| Office expenses | $4,943 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,690 |
| Travel | $458 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $32,764 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $433,460 |
| Insurance | $52,836 |
| All other expenses | $64,268 |
| Total functional expenses | $1,841,183 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67,354 |
| Savings and temporary cash investments | $108,016 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $63,531 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $381,053 |
| Prepaid expenses and deferred charges | $55,432 |
| Net Land, buildings, and equipment | $5,240,620 |
| Investments—publicly traded securities | $3,559,613 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,348 |
| Total assets | $9,482,967 |
| Accounts payable and accrued expenses | $8,677 |
| Grants payable | $0 |
| Deferred revenue | $26,000 |
| 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 | $550,115 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $584,792 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $8,898,175 |
| Total liabilities and net assets/fund balances | $9,482,967 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Coordinated Transportation System Pierre, SD | $5,878,312 | $7,521,108 |
Treasure Valley Transit Inc Nampa, ID | $4,932,802 | $4,649,764 |
Community Transit Of Watertown Sisseton Inc Watertown, SD | $3,177,219 | $3,067,367 |
Central Montana Rail Denton, MT | $9,482,967 | $1,447,583 |
Arrow Public Transit Lemmon, SD | $396,696 | $301,566 |
Missoula Institute For Sustainabletransportation Missoula, MT | $1,278,793 | $283,191 |
East Dakota Transit Inc Madison, SD | $235,658 | $200,771 |
Wyoming Public Transit Association Evanston, WY | $67,721 | $0 |
Spink County Public Transit Redfield, SD | $69,456 | $0 |