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Nonprofit · EIN 27-5532909

WATAUGA VALLEY RAILROAD HISTORICAL SOCIETY & MUSEUM INC

Tax-exempt · JOHNSON CITY, TN 37605

Financials

$280K$223K2023$212K$166K2024
Revenue Expenses · by fiscal year end
Financials of WATAUGA VALLEY RAILROAD HISTORICAL SOCIETY & MUSEUM INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$211,737$166,046$45,691$1,502,506$0$1,502,506
December 31, 2023990$279,710$222,794$56,916$1,468,794$0$1,468,794
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$207,495
of which government grants
$19,475
Membership dues
$1,430
Program service revenue
$0
Investment income
$4,242
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$591
Occupancy
$14,300
Program services (functional)
$166,046

Balance sheet and other

Total assets, start of year
$1,468,794
Total assets, end of year
$1,502,506
Total liabilities, end of year
$0
Net assets, end of year
$1,502,506
Land, buildings and equipment
$48,578
Net assets without donor restrictions
$1,502,506
Gross receipts
$211,737
Employees
0
Year formed
2010
State of legal domicile
TN

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
RALPH CLARKDIRECTOR
Trustee or director
0$0
RICK CHINOUTHDIRECTOR
Trustee or director
0$0
BOB MUCHETDIRECTOR
Trustee or director
0$0
TONY KINGDIRECTOR
Trustee or director
0$0
BOBBY HANDDIRECTOR
Trustee or director
0$0
LES BILLINGSDIRECTOR
Trustee or director
0$0
ART DEVOEDIRECTOR
Trustee or director
0$0
HOWARD ORFIELDVICEPRESIDENT
Institutional trustee
0$0
MIKE TILLEYPRESIDENT
Institutional trustee
0$0
CONNIE HUNTSECRETARY
Institutional trustee
0$0
GARY PRICEHISTORIAN
Institutional trustee
0$0
JEANIE WALKERTREASURER
Institutional trustee
0$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
Ralph ClarkDirector
Trustee or director
0$0
Rick ChinouthDirector
Trustee or director
0$0
Bob MuchetDirector
Trustee or director
0$0
Tony KingDirector
Trustee or director
0$0
Bobby HandDirector
Trustee or director
0$0
Les BillingsDirector
Trustee or director
0$0
Art DevoeDirector
Trustee or director
0$0
Howard OrfieldVice President
Officer
0$0
Mike TilleyPresident
Officer
0$0
Connie HuntSecretary
Officer
0$0
Gary PriceHistorian
Officer
0$0
Jeanie WalkerTreasurer
Officer
0$0

Address and contacts

Address (IRS master file)
PO BOX 432, JOHNSON CITY, TN 37605-0432
In care of
% MICHAEL TILLEY
Mailing address (990-N for 2011)
PO Box 432, Johnson City TN 376050432
Principal officer (990 for 2024)
MIKE TILLEY, PO BOX 432, JOHNSON CITY, TN 37605
Principal officer (990-N for 2011)
Mike Tilley, 1000 Allison Drive, Jonesborough TN 37659
Signed the 990
MICHAEL TILLEY, PRESIDENT
Return prepared by
JOSHUA S CULBERT CPA

Mission

Education regarding railway history; railway car preservation; railway car excursions

990 for the year ended December 31, 2024

Program accomplishments

  • Education; railway car preservation; railway car excursions
    Expenses $166,046

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 December, so each return is due on the 15th day of the 5th month after that.

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

IRS record

EIN
27-5532909
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,502,506
Income (IRS master file)
$211,737

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$211,737$166,046$1,502,506XML
990December 2023$279,710$222,794$1,468,794XML
990December 2022$251,016$182,974$1,409,588IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990-N for 2011
Officer: Mike Tilley
December 31, 2011≤ $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 27-5532909).

Questions about WATAUGA VALLEY RAILROAD HISTORICAL SOCIETY & MUSEUM INC

What is the EIN of WATAUGA VALLEY RAILROAD HISTORICAL SOCIETY & MUSEUM INC?
The employer identification number (EIN) of WATAUGA VALLEY RAILROAD HISTORICAL SOCIETY & MUSEUM INC is 27-5532909.
Is WATAUGA VALLEY RAILROAD HISTORICAL SOCIETY & MUSEUM INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to WATAUGA VALLEY RAILROAD HISTORICAL SOCIETY & MUSEUM INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WATAUGA VALLEY RAILROAD HISTORICAL SOCIETY & MUSEUM INC 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 WATAUGA VALLEY RAILROAD HISTORICAL SOCIETY & MUSEUM INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WATAUGA VALLEY RAILROAD HISTORICAL SOCIETY & MUSEUM INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of WATAUGA VALLEY RAILROAD HISTORICAL SOCIETY & MUSEUM INC?
The 990 for the year ended December 31, 2024 names MIKE TILLEY.
Who are the officers and directors of WATAUGA VALLEY RAILROAD HISTORICAL SOCIETY & MUSEUM INC?
The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does WATAUGA VALLEY RAILROAD HISTORICAL SOCIETY & MUSEUM INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $211,737, expenses of $166,046 and total assets of $1,502,506 at year end.

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