Skip to content
Nonprofiteer
← FOX RIVER TROLLEY ASSOCIATION INC

Form 990 for tax year 2023

Filed by FOX RIVER TROLLEY ASSOCIATION INC.

Totals

Total revenue
$327,153
Total expenses
$337,543
Contributions and grants received
$135,482
Grants paid
$0
Program service revenue
$186,279
Investment income
$1,397
Other revenue
$3,995
Total assets, end of year
$656,324
Total liabilities, end of year
$249,724
Net assets or fund balances, end of year
$406,600
Program services expenses (Part IX)
$321,694
Management and general expenses
$15,849
Fundraising expenses
$0
Program service expenses (Part III)
$321,694

Program services were 95.3% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $7,300

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $10,000

  • 1f · All other contributions, gifts and grants

    $118,182

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: Trolley Car Ticket Sales

    total $186,279 · related or exempt $186,279 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $1,397 · related or exempt $0 · unrelated business $0 · excluded $1,397

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 10a · Gross sales of inventory

    $6,094

  • 10b · Cost of goods sold

    $2,144

  • 10c · Net income from sales of inventory

    total $3,950 · related or exempt $3,950 · unrelated business $0 · excluded $0

  • 11a · Other revenue: Miscellaneous

    total $45 · related or exempt $0 · unrelated business $0 · excluded $45

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $45

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $67,415 · program services $67,415

  • 9 · Other employee benefits

    total $1,448 · program services $1,448

  • 10 · Payroll taxes

    total $5,522 · program services $5,522

  • 11g · Fees: other

    total $3,738 · program services $3,738

  • 12 · Advertising and promotion

    total $21,561 · program services $21,561

  • 13 · Office expenses

    total $15,951 · program services $9,280 · management and general $6,671

  • 14 · Information technology

    total $3,171 · program services $3,171

  • 15 · Royalties

    total $36,659 · program services $36,659

  • 16 · Occupancy

    total $52,401 · program services $52,401

  • 19 · Conferences, conventions and meetings

    total $765 · management and general $765

  • 20 · Interest

    total $6,750 · management and general $6,750

  • 22 · Depreciation, depletion and amortization

    total $21,701 · program services $21,701

  • 23 · Insurance

    total $1,963 · program services $300 · management and general $1,663

  • 24a · Other expenses: Track Maintenance & Repairs

    total $5,840 · program services $5,840 · management and general $0 · fundraising $0

  • 24b · Other expenses: Trolley Car Maintenance & Repairs

    total $60,615 · program services $60,615 · management and general $0 · fundraising $0

  • 24c · Other expenses: Building & Grounds Maint. & Supplies

    total $8,784 · program services $8,784 · management and general $0 · fundraising $0

  • 24d · Other expenses: Program Services Supplies

    total $22,895 · program services $22,895 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $364 · program services $364

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $241,285 · end of year $226,506

  • 8 · Inventories for sale or use

    beginning of year $4,656 · end of year $9,182

  • 9 · Prepaid expenses and deferred charges

    beginning of year $15,498 · end of year $22,108

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

    $908,235

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

    $553,989

  • 10c · Land, buildings and equipment, net

    beginning of year $362,222 · end of year $354,246

  • 15 · Other assets

    beginning of year $44,282 · end of year $44,282

  • 24 · Unsecured notes and loans payable

    beginning of year $250,953 · end of year $249,724

  • 29 · Capital stock, trust principal or current funds

    beginning of year $416,990 · end of year $406,600

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year $0

Mission and programs · 2023

Mission

Preserve, advance and disseminate knowledge of the history of railway transportation. Accordingly, the Corporation shall operate and maintain a museum, which features historic railway equipment. The Corporation shall engage in those activities necessary for the successful management of the museum, these activities including acquisition, preservation, display and operation of historic railway vehicles for the public.

Activities or mission (Part I)

To operate a museum that preserves and interprets Chicago's electric transport era through operation of historic railway vehicles on its demonstration electric railway and display of related artifacts, photos, and documents.

  • The museum preserves, interprets, and operates historic railway vehicles on its demonstration electric railway, over the Aurora, Elgin and Fox River Electric route at South Elgin, Illinois. Furthermore, the museum preserves, displays and interprets smaller artifacts, photos, oral histories, and documents which help relate the importance of electric transport in and around the Chicago Metropolitan Area, putting them in context with their surroundings and era. ************** Over 8,800 visitors were provided this experience in 2023.

    Expenses $321,694 · Revenue $190,229

As filed on the 2023 return.

Listed in Part VII

  • Edward J Konecki

    President & Director

    Total calculated
    $0
    Hours/week
    15

  • Fred Lonnes

    Vice-Prsident & Director

    Total calculated
    $0
    Hours/week
    15

  • Douglas Rundell

    Treasurer & Director

    Total calculated
    $0
    Hours/week
    15

  • Patrick Storm

    Secretary & Director

    Total calculated
    $0
    Hours/week
    15

  • Jeff Bennett

    Director

    Total calculated
    $0
    Hours/week
    15

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
1 May 2024
IRS schema version
2023v5.0
Source object
202411349349303206

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.