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Nonprofit · EIN 26-1124447

NASHUA VALLEY RAILROAD ASSOCIATION

Tax-exempt (reinstated) · SHIRLEY, MA 01464

Financials

$57K$32K2023$52K$36K2024
Revenue Expenses · by fiscal year end
Financials of NASHUA VALLEY RAILROAD ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990-EZ$52,253$35,543$16,710$100,569$0$100,569
May 31, 2024990-EZ$56,996$31,579$25,417$83,859$0$83,859
Financial details: 990-EZ for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$539
Membership dues
$20,932
Program service revenue
$40
Investment income
$3,540
Net income from fundraising events
$9,172
Net income from sales of inventory
$16,599
Other revenue
$1,431

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Occupancy
$22,238
Other expenses
$13,305
Program services (functional)
$35,210

Balance sheet and other

Total assets, start of year
$83,859
Total assets, end of year
$100,569
Total liabilities, end of year
$0
Net assets, end of year
$100,569
Cash, savings and investments
$100,569
Gross receipts
$62,439

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended May 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Lawrence RobertsChairman Board of Directors12$0
James FennerPresident15$0
Peter D'OlimpioSecretary5$0
Paul StanselTreasurer24$0
Matt PaquetteMember BOD5$0
Nicholas CarboneMember BOD5$0
Ryan BoucherMember BOD5$0
Stuart BrorsonMember BOD5$0
Ted BockleyMember BOD5$0
990-EZ for the year ended May 31, 2024: 9 people
NameTitleHours / weekCompensation
Lawrence RobertsChairman Board of Directors10$0
James FennerPresident15$0
Peter D'OlimpioSecretary5$0
Paul StanselTreasurer20$0
Matt PaquetteMember BOD5$0
Nicholas CarboneMember BOD5$0
Claude FrenchMember BOD5$0
Lawrence MargaglianoMember BOD5$0
Ted BockleyMember BOD5$0

Address and contacts

Address (IRS master file)
2 SHAKER RD, SHIRLEY, MA 01464-2525
Mailing address (990-N for 2022)
2 shaker road, shirley MA 01464
Principal officer (990-N for 2022)
peter d'olimpio, 73 robin rd, leominster MA 01453
Signed the 990-EZ
Paul Stansel, Treasurer
Phone
(978) 337-1608

Mission

Nashua Valley Railroad Association, Inc. is organized exclusively for charitable and educational purposes under section 501(c)(3) of the Internal Revenue Code, or corresponding section of any future federal tax code.

990-EZ for the year ended May 31, 2025

Program accomplishments

  • Held open houses at our layout for the general public. By doing this we educated the public on railroad operations and the critical role railroads play in our history and commerce. It also provided an opportunity to expose young people to the engaging and education hobby of model railroading.
    Expenses $23,671
  • We held our annual Railfair, which has been held in excess of fifty years, at a local hotel, with an attendance of over 1400 people. This provided a venue for a number of model railroad clubs to set up model railroad modules advancing the public's understanding of the railroad's place in the history and heritage of our area as well as learning how modern railroading contributes to our economy and how goods, services and passengers are safely and efficiently moved over our national transportation network. Approximately a third of the attendees were children, who learned about a valuable hobby requiring a wide variety of skills, many STEM related. This also includes providing free table space for other 501(c)(3) organizations.
    Expenses $10,186
  • Conducted presentations at five model railroad shows using the Association's portable display module, test track, and other displays. By the use of our portable demonstration module, we gave members of the public, both adults and children the opportunity to operate trains on this display. In addition to simulating how real railroads operate, it gave the public the opportunity to learn about the latest technology in computer control through a specific application to model railroading. In addition, we introduced the public to the family hobby of model railroading.
    Expenses $828
  • Trains for Tots Program: This is an outreach program we have with the goal of promoting the hobby of model railroading among children ages 2-8. We feel if we can get the young children interested in the hobby, then as they get older , they will pursue the hobby even more. The association purchases small starter train sets and donates them to 501c3 charities such as Toys for Tots, Salvation Army, Boys & girls club, and others in our area. Donations typically occur during the holiday season when demand is high. In addition to exposing children to the hobby, our hope is that we give needy children a happier holiday season than they may have otherwise.
    Expenses $525

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990-EZ on file
2023May 31, 2024October 15, 2024990-EZ on file

IRS record

EIN
26-1124447
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
May
Files
Form 990 or 990-EZ
Assets (IRS master file)
$100,569
Income (IRS master file)
$62,439

Revocation and reinstatement

Exemption revoked
October 15, 2014
Posted by the IRS
February 9, 2015
Reinstated
Effective October 15, 2014

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZMay 2025$52,253$35,543$100,569XML
990-EZMay 2024$56,996$31,579$83,859XML
990-N for 2022
Officer: peter d'olimpio
May 31, 2023≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: peter dolimpio
May 31, 2021≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Peter D'Olimpio
May 31, 2020≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-1124447).

Questions about NASHUA VALLEY RAILROAD ASSOCIATION

What is the EIN of NASHUA VALLEY RAILROAD ASSOCIATION?
The employer identification number (EIN) of NASHUA VALLEY RAILROAD ASSOCIATION is 26-1124447.
Is NASHUA VALLEY RAILROAD ASSOCIATION tax-exempt?
Yes. The IRS revoked its exemption on October 15, 2014 and reinstated it effective October 15, 2014.
Are donations to NASHUA VALLEY RAILROAD ASSOCIATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NASHUA VALLEY RAILROAD ASSOCIATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NASHUA VALLEY RAILROAD ASSOCIATION due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NASHUA VALLEY RAILROAD ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended May 2025.
Who is the principal officer of NASHUA VALLEY RAILROAD ASSOCIATION?
The 990-N for 2022 names peter d'olimpio.
Who are the officers and directors of NASHUA VALLEY RAILROAD ASSOCIATION?
The 990-EZ for the year ended May 31, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does NASHUA VALLEY RAILROAD ASSOCIATION have?
On its 990-EZ for the year ended May 31, 2025 it reported revenue of $52,253, expenses of $35,543 and total assets of $100,569 at year end.

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