Railway Preservation News
https://www.rypn.org/forums/

F40PH Preservation Society now a 501c3
https://www.rypn.org/forums/viewtopic.php?f=1&t=46401		 Page 1 of 1
Author:  RCD [ Sat Mar 19, 2022 6:19 pm ]
Post subject:  F40PH Preservation Society now a 501c3
Well it took long enough but we just got the letter confirming that we're now a tax exempt organization under the IRS. We still need to hear from the Massachusetts AG office and now need to file a 990n. Couldn't have done it without the help of RYPN thanks guys.

-Rowan C. de la Barre
Author:  EJ Berry [ Sat Mar 19, 2022 9:53 pm ]
Post subject:  Re: F40PH Preservation Society now a 501c3
Good to hear.

The F40PH's were initially intended for New Haven-Boston service and when the SDP40Fs had their tracking problems, they became Amtrak's signature diesel power.

Their most intensive use was always NHV-BOS.

Phil Mulligan
Author:  RailMech3 [ Sun Mar 20, 2022 12:46 am ]
Post subject:  Re: F40PH Preservation Society now a 501c3
I wish the ex MRL F40s could have had a similar fate. I wonder when preserving diesel-electrics in museums will be the “in” thing. So many have been scrapped. So many good examples of how railroading got to where it is now, are all gone.
Author:  Alexander D. Mitchell IV [ Sun Mar 20, 2022 10:32 pm ]
Post subject:  Re: F40PH Preservation Society now a 501c3
RailMech3 wrote:
I wish the ex MRL F40s could have had a similar fate.


Montana Rail Link rostered four ex-BN, later WC, six-axle F45 locomotives, but no F40PHs.

Now, Montreal, Maine & Atlantic, OTOH...............
Author:  Dick_Morris [ Mon Mar 21, 2022 12:56 am ]
Post subject:  Re: F40PH Preservation Society now a 501c3
Congratulations.

A few other things the Engine 557 Restoration Company in Wasilla, Alaska found that we needed were business licenses from the city, borough (county equivalent), and state, non-profit tax exemption which exempts us from paying or collecting city sales tax, and permit from the state to solicit donations of funds. If you are using much diesel or gasoline from gas stations you may be able to get something from the state to allow you to buy fuel exempt from state and federal fuel tax. As a corporation, we also had to appoint a registered agent, file a biennial report, and file a form whenever we changed officers.
Author:  Ed Kapuscinski [ Mon Mar 21, 2022 8:00 am ]
Post subject:  Re: F40PH Preservation Society now a 501c3
What's the plan for things to turn out differently this go around?
Author:  RCD [ Tue Mar 22, 2022 9:27 am ]
Post subject:  Re: F40PH Preservation Society now a 501c3
Ed Kapuscinski wrote:
What's the plan for things to turn out differently this go around?

Still the same organization. So nothing is different.
Author:  Boilermaker [ Tue Mar 22, 2022 10:07 am ]
Post subject:  Re: F40PH Preservation Society now a 501c3
RCD wrote:
Still the same organization. So nothing is different.


So you'll continue with the same Treasurer we heard about a few months ago, who is several hours distant and you have minimal contact with, if any? I'm hesitant to donate to an organization who not so long ago was worried about an officer taking all the money and going AWOL. That worry shouldn't even exist in an organization with proper checks and balances.

If I may ask, who else is on the board of the F40PH P.S., and do they have experience with non-profits in this field, and/or does the board have sitting advisors who do?

-Sam
Author:  PCook [ Tue Mar 22, 2022 3:41 pm ]
Post subject:  Re: F40PH Preservation Society now a 501c3
For information, the reference files and class development materials from two of the three EMD Training Center Instructors who worked on the F40PH training programs at the time of locomotive introduction, will be preserved at the Barriger Library. One of the instructors (WVB) of the original program has passed away now, I have lost track of the second instructor (RAR), the third retired and is no longer active in training activity.

PC
Author:  RCD [ Tue Mar 22, 2022 4:49 pm ]
Post subject:  Re: F40PH Preservation Society now a 501c3
Boilermaker wrote:
RCD wrote:
Still the same organization. So nothing is different.


So you'll continue with the same Treasurer we heard about a few months ago, who is several hours distant and you have minimal contact with, if any? I'm hesitant to donate to an organization who not so long ago was worried about an officer taking all the money and going AWOL. That worry shouldn't even exist in an organization with proper checks and balances.

If I may ask, who else is on the board of the F40PH P.S., and do they have experience with non-profits in this field, and/or does the board have sitting advisors who do?

-Sam

Good point. Unfortunately the treasurer is up there in age and does not have the best of health. I was finally able to get a hold of him and he sent me bank statements which also show my name on the account so if anything were to happen I wouldn't have to deal with tracking down relatives and who's ever in charge of his estate. If you would like I would email you a copy of our bank statement. That being said we would like to eventually get another treasurer so ours can retire. The other member Jordan Helzer I know personally from the Shelburne falls trolley Museum and has also done work for the trolley museum at Warehouse point.
Page 1 of 1 All times are UTC - 5 hours [ DST ]
Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group
http://www.phpbb.com/