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 Post subject: F40PH Preservation Society now a 501c3
PostPosted: Sat Mar 19, 2022 6:19 pm 
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Joined: Fri Oct 24, 2008 9:05 pm
Posts: 1130
Location: MA
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


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 Post subject: Re: F40PH Preservation Society now a 501c3
PostPosted: Sat Mar 19, 2022 9:53 pm 

Joined: Fri Dec 22, 2017 6:47 pm
Posts: 1546
Location: Philadelphia, PA
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


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 Post subject: Re: F40PH Preservation Society now a 501c3
PostPosted: Sun Mar 20, 2022 12:46 am 

Joined: Sun Jan 02, 2022 10:21 am
Posts: 56
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.


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 Post subject: Re: F40PH Preservation Society now a 501c3
PostPosted: Sun Mar 20, 2022 10:32 pm 

Joined: Sun Aug 22, 2004 1:51 pm
Posts: 12150
Location: Somewhere east of Prescott, AZ along the old Santa Fe "Prescott & Eastern"
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...............


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 Post subject: Re: F40PH Preservation Society now a 501c3
PostPosted: Mon Mar 21, 2022 12:56 am 

Joined: Wed Sep 25, 2013 12:36 am
Posts: 698
Location: Anchorage, Alaska
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.


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 Post subject: Re: F40PH Preservation Society now a 501c3
PostPosted: Mon Mar 21, 2022 8:00 am 

Joined: Thu Feb 26, 2009 3:07 pm
Posts: 1209
Location: B'more Maryland
What's the plan for things to turn out differently this go around?

_________________
If you fear the future you won't have one.
The past was the worst.


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 Post subject: Re: F40PH Preservation Society now a 501c3
PostPosted: Tue Mar 22, 2022 9:27 am 
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Joined: Fri Oct 24, 2008 9:05 pm
Posts: 1130
Location: MA
Ed Kapuscinski wrote:
What's the plan for things to turn out differently this go around?

Still the same organization. So nothing is different.


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 Post subject: Re: F40PH Preservation Society now a 501c3
PostPosted: Tue Mar 22, 2022 10:07 am 

Joined: Wed Jan 16, 2019 8:47 pm
Posts: 219
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


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 Post subject: Re: F40PH Preservation Society now a 501c3
PostPosted: Tue Mar 22, 2022 3:41 pm 

Joined: Sat Jul 02, 2005 7:16 am
Posts: 2127
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

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Advice from the multitude costs nothing and is often worth just that. (EMD-1945)


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 Post subject: Re: F40PH Preservation Society now a 501c3
PostPosted: Tue Mar 22, 2022 4:49 pm 
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Joined: Fri Oct 24, 2008 9:05 pm
Posts: 1130
Location: MA
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.


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