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Nonprofiteer
← B&O 200 FUND INC

Form 990 for tax year 2024

Filed by B&O 200 FUND INC.

Totals

Total revenue
$20,918
Total expenses
$0
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$20,918
Other revenue
$0
Total assets, end of year
$7,159,418
Total liabilities, end of year
$7,138,500
Net assets or fund balances, end of year
$20,918
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$0

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

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $0

  • 1g · Noncash contributions included above

    $0

  • 2f · All other program service revenue

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

  • 3 · Investment income

    total $20,918 · related or exempt $20,918 · unrelated business $0 · excluded $0

  • 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

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $0 · management and general $0

  • 24a · Other expenses

    total $0 · management and general $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $0 · end of year $20,918

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $7,138,500

  • 25 · Other liabilities

    beginning of year $0 · end of year $7,138,500

  • 27 · Net assets without donor restrictions

    beginning of year $0 · end of year $20,918

  • 28 · Net assets with donor restrictions

    end of year $0

  • 29 · Capital stock, trust principal or current funds

    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 · 2024

Mission

Raise funds in support of the 200th Anniversary Campus Transformation Project for The B&O Railroad Museum, Inc. and to act as a Leveraged Lender under a New Market Tax Credit transaction that provided needed subsidies to offset the costs and expenses of the Campus Transformation Project.

Activities or mission (Part I)

Raise funds in support of the 200th Anniversary Campus Transformation Project of The B&O Railroad Museum, Inc. and to act as a leveraged lender in one or more financing arrangements enhanced by Federal New Markets Tax Credits that provide needed subsidies for the costs and expenses of the Campus Transformation Project.

  • Accept funds in order to act as the leveraged lender for a New Market Tax Credit transaction.

As filed on the 2024 return.

Listed in Part VII

  • Kris Hoellen

    President

    Total calculated
    $265,534
    From this org
    $0
    From related orgs
    $233,941
    Other
    $31,593
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $233,941 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported + $7,200 related
    Nontaxable benefits
    not reported + $24,393 related
    Filer's total
    not reported + $265,534 related

  • JoAnne Woolley

    Secretary

    Total calculated
    $159,090
    From this org
    $0
    From related orgs
    $141,512
    Other
    $17,578
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $141,512 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported + $4,343 related
    Nontaxable benefits
    not reported + $13,235 related
    Filer's total
    not reported + $159,090 related

  • Joel Drabkin

    Treasurer

    Total calculated
    $125,522
    From this org
    $0
    From related orgs
    $104,189
    Other
    $21,333
    Hours/week
    2 + 40 related

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

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Approval by the board or compensation committee

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.

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
5 May 2026
IRS schema version
2024v5.0
Source object
202611349349310696

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