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Nonprofit · EIN 56-1510834

NEUSE RIVER VALLEY MODEL RAILROAD CLUB INC

Tax-exempt · RALEIGH, NC 27619

Financials

$54K$45K2023
Revenue Expenses · by fiscal year end
Financials of NEUSE RIVER VALLEY MODEL RAILROAD CLUB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2024990-EZ$54,273$45,489$8,784$121,113–$121,113
Financial details: 990-EZ for the year ended May 31, 2024

Revenue

Contributions, gifts and grants
$23,230
Net income from fundraising events
$32,488
Net income from sales of inventory
-$1,445

Expenses

Grants and similar amounts paid
$1,980
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$750
Occupancy
$27,063
Printing, publications and postage
$4,398
Other expenses
$11,298

Balance sheet and other

Total assets, start of year
$112,329
Total assets, end of year
$121,113
Total liabilities, end of year
–
Net assets, end of year
$121,113
Cash, savings and investments
$84,935
Gross receipts
$95,349

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
JOHN SPACHPRESIDENT10$0
WAYNE AIKENVICE PRESIDENT10$0
MICHAEL KEELEANTREASURER10$0
THOMAS GARRENSECRETARY5$0
RICHARD CAFFEEAT LARGE BOARD MEMBER4$0
KENNETH HOWARDAT LARGE BOARD MEMBER5$0
ROBERT WITWERAT LARGE BOARD MEMBER5$0

Address and contacts

Address (IRS master file)
PO BOX 19753, RALEIGH, NC 27619-0000
In care of
% MICHAEL KEELEAN
Mailing address (990-N for 2017)
PO Box 19573, Raleigh NC 27619
Principal officer (990-N for 2017)
Banks Clifton Kelly III, 102 Sycamore Street, Cary NC 27513
Signed the 990-EZ
MICHAEL KEELEAN, TREASURER
Phone
(757) 373-2650

Mission

EDUCATING PUBLIC ABOUT THE VALUE OF RAILROADS

990-EZ for the year ended May 31, 2024

Program accomplishments

  • EDUCATING PUBLIC ABOUT MODEL TRAINS PROGRAMS

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, 2025Not on file
2023May 31, 2024October 15, 2024990-EZ on file

IRS record

EIN
56-1510834
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
1990
Accounting year ends
May
Files
Form 990 or 990-EZ
Assets (IRS master file)
$121,113
Income (IRS master file)
$95,349

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZMay 2024$54,273$45,489$121,113XML
990-EZMay 2023–––IRS
990-EZMay 2022–––IRS
990-EZMay 2021–––IRS
990-N for 2017
Officer: Banks Clifton Kelly III
May 31, 2018≤ $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 56-1510834).

Questions about NEUSE RIVER VALLEY MODEL RAILROAD CLUB INC

What is the EIN of NEUSE RIVER VALLEY MODEL RAILROAD CLUB INC?
The employer identification number (EIN) of NEUSE RIVER VALLEY MODEL RAILROAD CLUB INC is 56-1510834.
Is NEUSE RIVER VALLEY MODEL RAILROAD CLUB INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
Are donations to NEUSE RIVER VALLEY MODEL RAILROAD CLUB INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEUSE RIVER VALLEY MODEL RAILROAD CLUB 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 NEUSE RIVER VALLEY MODEL RAILROAD CLUB INC 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 NEUSE RIVER VALLEY MODEL RAILROAD CLUB INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended May 2024.
Who is the principal officer of NEUSE RIVER VALLEY MODEL RAILROAD CLUB INC?
The 990-N for 2017 names Banks Clifton Kelly III.
Who are the officers and directors of NEUSE RIVER VALLEY MODEL RAILROAD CLUB INC?
The 990-EZ for the year ended May 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does NEUSE RIVER VALLEY MODEL RAILROAD CLUB INC have?
On its 990-EZ for the year ended May 31, 2024 it reported revenue of $54,273, expenses of $45,489 and total assets of $121,113 at year end.

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