Form 990 for tax year 2023
Filed by POUGHKEEPSIE-HIGHLAND RAILROAD BRIDGE CO INC.
Totals
- Total revenue
- $1,679,575
- Total expenses
- $1,845,847
- Contributions and grants received
- $1,514,484
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $30,119
- Other revenue
- $134,972
- Total assets, end of year
- $1,524,335
- Total liabilities, end of year
- $219,185
- Net assets or fund balances, end of year
- $1,305,150
- Program services expenses (Part IX)
- $1,442,859
- Management and general expenses
- $214,011
- Fundraising expenses
- $188,977
- Program service expenses (Part III)
- $1,442,859
Program services were 78.2% 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
$59,863
-
1c · Fundraising events
$150,331
-
1e · Government grants (contributions)
$846,697
-
1f · All other contributions, gifts and grants
$457,593
-
1g · Noncash contributions included above
$27,657
-
3 · Investment income
total $30,119 · excluded $30,119
-
8a · Fundraising events: gross income
$307,326
-
8a · Fundraising events: contributions included on line 1c
$150,331
-
8b · Fundraising events: direct expenses
$198,175
-
8c · Net income from fundraising events
total $109,151 · excluded $109,151
-
10a · Gross sales of inventory
$36,469
-
10b · Cost of goods sold
$17,539
-
10c · Net income from sales of inventory
total $18,930 · excluded $18,930
-
11a · Other revenue: MISCELLANEOUS INCOME
total $6,891 · related or exempt $6,891
-
11e · Other revenue, total
$6,891
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $235,309 · program services $129,420 · management and general $46,780 · fundraising $59,109
-
7 · Other salaries and wages
total $200,817 · program services $110,449 · management and general $40,165 · fundraising $50,203
-
10 · Payroll taxes
total $63,822 · program services $35,102 · management and general $12,126 · fundraising $16,594
-
11c · Fees: accounting
total $15,095 · program services $9,279 · management and general $2,664 · fundraising $3,152
-
11g · Fees: other
total $113,538 · program services $69,792 · management and general $20,037 · fundraising $23,709
-
12 · Advertising and promotion
total $34 · program services $27 · management and general $2 · fundraising $5
-
13 · Office expenses
total $45,137 · program services $25,625 · management and general $10,727 · fundraising $8,785
-
14 · Information technology
total $20,792 · program services $10,517 · management and general $8,075 · fundraising $2,200
-
16 · Occupancy
total $46,511 · program services $11,628 · management and general $30,232 · fundraising $4,651
-
19 · Conferences, conventions and meetings
total $6,045 · program services $3,443 · management and general $1,898 · fundraising $704
-
20 · Interest
total $39,490 · management and general $39,490
-
22 · Depreciation, depletion and amortization
total $2,023 · program services $1,720 · management and general $202 · fundraising $101
-
23 · Insurance
total $8,697 · program services $7,392 · management and general $870 · fundraising $435
-
24a · Other expenses: SPECIAL PROJECT
total $843,696 · program services $843,696
-
24b · Other expenses: BAD DEBT EXPENSE
total $170,097 · program services $170,097
-
24c · Other expenses: MEMBERSHIP CAMPAIGN
total $26,324 · program services $9,405 · management and general $203 · fundraising $16,716
-
24d · Other expenses: BRIDGE & AMENITIES
total $3,856 · program services $2,314 · management and general $386 · fundraising $1,156
-
24e · All other expenses
total $4,564 · program services $2,953 · management and general $154 · fundraising $1,457
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $98,057 · end of year $64,894
-
2 · Savings and temporary cash investments
beginning of year $1,242,910 · end of year $1,102,444
-
3 · Pledges and grants receivable
beginning of year $328,518 · end of year $308,760
-
4 · Accounts receivable
beginning of year $25,370 · end of year $8,367
-
8 · Inventories for sale or use
beginning of year $13,103 · end of year $10,646
-
9 · Prepaid expenses and deferred charges
beginning of year $1,850 · end of year $3,490
-
10a · Land, buildings and equipment: cost or other basis
$49,990
-
10b · Land, buildings and equipment: accumulated depreciation
$44,811
-
10c · Land, buildings and equipment, net
beginning of year $4,837 · end of year $5,179
-
15 · Other assets
beginning of year $59,320 · end of year $20,555
-
17 · Accounts payable and accrued expenses
beginning of year $75,357 · end of year $28,315
-
19 · Deferred revenue
beginning of year $7,841 · end of year $44,385
-
23 · Secured mortgages and notes payable
beginning of year $239,497 · end of year $124,844
-
25 · Other liabilities
beginning of year $61,940 · end of year $21,641
-
27 · Net assets without donor restrictions
beginning of year $1,269,330 · end of year $1,130,150
-
28 · Net assets with donor restrictions
beginning of year $120,000 · end of year $175,000
Mission and programs · 2023
Mission
THROUGH ENGAGED STEWARDSHIP, WE ENHANCE THE WALKWAY EXPERIENCE, SUPPORT CAPITAL IMPROVEMENTS, AND DELIVER INNOVATIVE PROGRAMS THAT ATTRACT VISITORS AND CONTRIBUTE TO THE ECONOMIC VITALITY OF THE HUDSON VALLEY.
-
TO INSPIRE PEOPLE TO CONNECT TO THE BEAUTY OF THE HUDSON VALLEY THROUGH LONG-TERM STEWARDSHIP OF THE WALKWAY OVER THE HUDSON STATE HISTORIC PARK AND SUPPORT OF THE REGIONAL TRAIL SYSTEM, WHICH OFFERS PUBLIC ENJOYMENT OF THE BRIDGE'S HISTORIC ARCHITECTURE, THE SCENIC WONDERS OF THE HUDSON RIVER VALLEY AND THE DIVERSITY OF ITS RECREATIONAL AND CULTURAL ACTIVITIES.
Expenses $1,442,859
As filed on the 2023 return.
Listed in Part VII
-
John Storyk Emeritus 1222JOHN STORYK EMERITUS 1222
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Maureen SoleroMAUREEN SOLERO
CHAIR
- Total calculated
- $0
- Hours/week
- 10
-
Michael Graham Emeritus 1222MICHAEL GRAHAM EMERITUS 1222
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kathleen Smith EmeritusKATHLEEN SMITH EMERITUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Howie SchwartzHOWIE SCHWARTZ
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 4
-
Daniel AhouseDANIEL AHOUSE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Chris CunninghamCHRIS CUNNINGHAM
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Robert KaminskyROBERT KAMINSKY
DEC'D 2/23
- Total calculated
- $0
- Hours/week
- 1
-
Anita JonesANITA JONES
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Ron LaneRON LANE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Anthony PaganoANTHONY PAGANO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Maureen KeeganMAUREEN KEEGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Diane HaightDIANE HAIGHT
DEPUTY DIREC
- Total calculated
- $79,982
- From this org
- $79,982
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Yuri CortYURI CORT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kate FaganKATE FAGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rocco ChiappiniROCCO CHIAPPINI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ed BergstraesserED BERGSTRAESSER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Fred SchaefferFRED SCHAEFFER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael HenryMICHAEL HENRY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Thomas LepreTHOMAS LEPRE
TERM ENDED 1
- Total calculated
- $0
- Hours/week
- 1
-
Lori RobertsonLORI ROBERTSON
EXECUTIVE DI
- Total calculated
- $155,327
- From this org
- $127,178
- From related orgs
- $0
- Other
- $28,149
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $127,178
- Bonus
- not reported
- Other
- not reported
- Deferred
- $28,149
- Nontaxable benefits
- not reported
- Filer's total
- $155,327
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
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 8 July 2024
- IRS schema version
- 2023v5.0
- Source object
- 202422149349300612
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