Railroad District Business Association
- Assets
- $484.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Richmond, VA
- Founding
- 07/2019
- Data as of
- 12/2022
- EIN
- 83-0949885
Organization Overview
Railroad District Business Association is located in Richmond, VA. The organization was established in 2019. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Railroad District Business Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Railroad District Business Association generated $100.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (72.7%) each year. All expenses for the organization totaled $715.0 during the year ending 12/2022. 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 IMPROVE BUSINESS CONDITIONS WITHIN THE RAILROAD DISTRICT LOCATED INSIDE INSIDE THE BOUNDARIES OF THE NORFOLK AND WESTERN RAILROAD HISTORIC DISTRICT IN NORFOLK VIRGINIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Porter President | 0 | $0 | |
Kevin O'connor Secretary | 0 | $0 | |
Thomas Dickey Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $100 |
| 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 | $690 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25 |
| Total expenses | $715 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $104 |
| Other assets | $0 |
| Total assets | $484 |
| Total liabilities | $2,020 |
| Net assets or fund balances | -$1,536 |