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← AMERICAN RAILWAY ENGINEERING AND MAINTENANCE OF WAY ASSOCIATION

Form 990 for tax year 2024

Filed by AMERICAN RAILWAY ENGINEERING AND MAINTENANCE OF WAY ASSOCIATION.

Totals

Total revenue
$5,507,158
Total expenses
$5,287,128
Contributions and grants received
$1,005,225
Grants paid
$19,750
Program service revenue
$4,238,729
Investment income
$263,204
Other revenue
$0
Total assets, end of year
$6,960,656
Total liabilities, end of year
$879,390
Net assets or fund balances, end of year
$6,081,266
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $1,005,225

  • 2a · Program service revenue: CONFERENCES/SEMINARS

    total $3,319,657 · related or exempt $3,319,657

  • 2b · Program service revenue: SALES OF PUBLICATIONS

    total $919,072 · related or exempt $919,072

  • 3 · Investment income

    total $224,512 · excluded $224,512

  • 7a · Gross sales of assets other than inventory

    securities $1,232,053 · other assets $38,642

  • 7b · Less cost or other basis and sales expenses

    securities $1,232,003

  • 7c · Gain or loss

    securities $50 · other assets $38,642

  • 7d · Net gain or loss

    total $38,692 · related or exempt $50 · excluded $38,642

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $19,750

  • 5 · Compensation of officers, directors and key employees

    total $294,250

  • 7 · Other salaries and wages

    total $1,274,300

  • 8 · Pension plan contributions

    total $190,628

  • 9 · Other employee benefits

    total $231,310

  • 10 · Payroll taxes

    total $155,044

  • 11b · Fees: legal

    total $11,300

  • 11c · Fees: accounting

    total $14,500

  • 11g · Fees: other

    total $8,552

  • 12 · Advertising and promotion

    total $78,668

  • 13 · Office expenses

    total $96,210

  • 16 · Occupancy

    total $36,424

  • 19 · Conferences, conventions and meetings

    total $2,438,600

  • 22 · Depreciation, depletion and amortization

    total $644

  • 23 · Insurance

    total $7,275

  • 24a · Other expenses: MEMBERSHIP SERVICES

    total $189,097

  • 24b · Other expenses: TECHNOLOGY SUPPORT

    total $108,963

  • 24c · Other expenses: BANK SERVICE CHARGES

    total $107,689

  • 24d · Other expenses: TELECOMMUNICATIONS

    total $20,627

  • 24e · All other expenses

    total $3,297

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $674,172 · end of year $415,700

  • 4 · Accounts receivable

    beginning of year $113,408 · end of year $41,305

  • 9 · Prepaid expenses and deferred charges

    beginning of year $71,516 · end of year $112,672

  • 10a · Land, buildings and equipment: cost or other basis

    $281,626

  • 10b · Land, buildings and equipment: accumulated depreciation

    $139,425

  • 10c · Land, buildings and equipment, net

    beginning of year $14,423 · end of year $142,201

  • 11 · Investments: publicly traded securities

    beginning of year $908,121 · end of year $925,966

  • 12 · Investments: other securities

    beginning of year $4,923,702 · end of year $5,306,879

  • 15 · Other assets

    beginning of year $70,314 · end of year $15,933

  • 17 · Accounts payable and accrued expenses

    beginning of year $50,051 · end of year $12,880

  • 19 · Deferred revenue

    beginning of year $982,368 · end of year $866,510

  • 31 · Retained earnings, endowment or other funds

    beginning of year $5,743,237 · end of year $6,081,266

Mission and programs · 2024

Mission

TO PROPAGATE RAILWAY ENGINEERING CONSTRUCTION RECOMMENDED PRACTICES.

  • THE ASSOCIATION DISSEMINATES ENGINEERING RECOMMENDED PRACTICES FOR THE CONSTRUCTION AND MAINTENANCE OF RAILWAYS NATIONWIDE AND THROUGHOUT THE WORLD.

As filed on the 2024 return.

Listed in Part VII

  • Elizabeth S Caruso Iom Cae

    CEO, EXECUTI

    Total calculated
    $367,290
    From this org
    $294,250
    From related orgs
    $0
    Other
    $73,040
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $294,250
    Bonus
    not reported
    Other
    not reported
    Deferred
    $44,137
    Nontaxable benefits
    $28,903
    Filer's total
    $367,290

  • Vickie Fisher Cae

    CHIEF OPERAT

    Total calculated
    $236,422
    From this org
    $197,000
    From related orgs
    $0
    Other
    $39,422
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $197,000
    Bonus
    not reported
    Other
    not reported
    Deferred
    $29,625
    Nontaxable benefits
    $9,797
    Filer's total
    $236,422

  • Stacy Spaulding

    SR. DIRECTOR

    Total calculated
    $185,977
    From this org
    $153,200
    From related orgs
    $0
    Other
    $32,777
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $153,200
    Bonus
    not reported
    Other
    not reported
    Deferred
    $22,980
    Nontaxable benefits
    $9,797
    Filer's total
    $185,977

  • Janice Clements

    DIRECTOR OF

    Total calculated
    $170,791
    From this org
    $139,964
    From related orgs
    $0
    Other
    $30,827
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $139,964
    Bonus
    not reported
    Other
    not reported
    Deferred
    $21,030
    Nontaxable benefits
    $9,797
    Filer's total
    $170,791

  • Rocklin E Gmeiner

    DIRECTOR, IT

    Total calculated
    $159,459
    From this org
    $121,979
    From related orgs
    $0
    Other
    $37,480
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $121,979
    Bonus
    not reported
    Other
    not reported
    Deferred
    $18,375
    Nontaxable benefits
    $19,105
    Filer's total
    $159,459

  • Linda D Guba

    DIRECTOR OF

    Total calculated
    $147,939
    From this org
    $128,344
    From related orgs
    $0
    Other
    $19,595
    Hours/week
    40

  • Raymond G Verrelle Jr PE

    PAST PRESIDE

    Total calculated
    $0
    Hours/week
    1

  • Jerry W Specht Eit

    SENIOR VICE

    Total calculated
    $0
    Hours/week
    1

  • William S Riehl III

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Carl A Walker

    GOVERNOR

    Total calculated
    $0
    Hours/week
    1

  • Kate O'Connor PE

    GOVERNOR

    Total calculated
    $0
    Hours/week
    1

  • Brent L Laing

    GOVERNOR

    Total calculated
    $0
    Hours/week
    1

  • Brian A Lindamood PE Se

    TREASURER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
12 November 2025
IRS schema version
2024v5.0
Source object
202523169349306422

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