Overview

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Est.

2004

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Downeast Rail Heritage Preservation Trust Inc, with EIN 16-1714124, is dedicated to celebrating and preserving the railroad history of Downeast Maine through the development of the Downeast Scenic Railroad. With an operating budget of $238.9K and total revenue of $428.6K for the 2024 filing year, the organization relies on multiple funders, none of which contribute 50% or more of its revenue. For more information, visit their website at www.downeastscenicrail.org.

Mission Statement

THE PRIMARY OVERALL MISSION OF THE TRUST IS TO CELEBRATE AND PRESERVE THE RAILROAD HISTORY OF DOWNEAST MAINE. THE IMMEDIATE AND PRIMARY GOAL IS TO DEVELOP THE DOWNEAST SCENIC RAILROAD FOR EDUCATION, ENLIGHTENMENT AND ENJOYMENT FOR FUTURE GENERATIONS.
Revenues
$428.6K
Expenses
$238.9K
Net Income:
+$189.7K
Assets
$1.5M
Liabilities
$18K
Net Assets:
+$1.5M
Operating Budget
$238.9K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$4.7K
Largest grant received
$6.8K
D
DR Joel Ackerman
Board Member
R
Roger Bennatti
Board Member
C
Carolyn Ackerman
Board Member

Frequently Asked Questions

What is DOWNEAST RAIL HERITAGE PRESERVATION TRUST INC’s budget?
In 2024, DOWNEAST RAIL HERITAGE PRESERVATION TRUST INC reported an annual operating budget of around $239 thousand. More detailed financial information is available to registered users.
What causes does DOWNEAST RAIL HERITAGE PRESERVATION TRUST INC support?
DOWNEAST RAIL HERITAGE PRESERVATION TRUST INC supports work in Historic preservation and Historical activities.
Where does DOWNEAST RAIL HERITAGE PRESERVATION TRUST INC operate?
DOWNEAST RAIL HERITAGE PRESERVATION TRUST INC is headquartered in Ellsworth, ME.
Who funded DOWNEAST RAIL HERITAGE PRESERVATION TRUST INC recently?
In 2024, DOWNEAST RAIL HERITAGE PRESERVATION TRUST INC received grants from FIDELITY INVESTMENTS CHARITABLE GIFT FUND, JAMES & BETTY JACOBS FAMILY CHARITABLE TRUST C/O JEFF JACOBS, and JAMES & BETTY JACOBS FAMILY CHARITABLE TRUST C/O JEFF JACOBS. More information on this organization’s funders is available to registered users.
What is the largest grant DOWNEAST RAIL HERITAGE PRESERVATION TRUST INC received in 2024?
The largest grant to DOWNEAST RAIL HERITAGE PRESERVATION TRUST INC in 2024 exceeds $6,800.
What is DOWNEAST RAIL HERITAGE PRESERVATION TRUST INC’s reliance on government grants?
DOWNEAST RAIL HERITAGE PRESERVATION TRUST INC relied on government grants for more than 30% of their total revenue in 2024.