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LAKES REGION MODEL TRAIN MUSEUM: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
LAKES REGION MODEL TRAIN MUSEUM (EIN 81-4713449)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-04-08
IRS object ID
202520989349300417
Schema version
2024v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-04-08T09:53:49-04:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN814713449EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LAKES REGION MODEL RAILROAD MUSEUMBusinessNameLine1Txt
Business Name Line2INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlLAKEBusinessNameControlTxt
Phone6035699474PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 713AddressLine1Txt
CityWOLFEBOROCityNm
State AbbreviationNHStateAbbreviationCd
ZIP03894ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOSEPH L SANTOROPersonNm
Person TitleTREASURERPersonTitleTxt
Phone6035692282PhoneNum
Signature2025-03-28SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJOHN SIMMSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 515AddressLine1Txt
CityWOLFEBOROCityNm
State AbbreviationNHStateAbbreviationCd
ZIP03894ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$149,431GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2017FormationYr
Legal Domicile StateNHLegalDomicileStateCd
Activity Or MissionTO PROVIDE A MUSEUM DEPICTING THE IMPORTANCE OF THE RAILROAD INDUSTRY TO THE ECONOMIC DEVELOPMENT OF THE LAKES REGION OF NEW HAMPHIRE. THE MUSEUM WILL DISPLAY A MODEL RAILROAD AND ITS ROUTES WITHIN CAROLL COUNTY, NEW HAMPSHIRE.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers7TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$132,430PYContributionsGrantsAmt
CY Contributions Grants$149,414CYContributionsGrantsAmt
PY Program Service Revenue$200PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$17CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$132,630PYTotalRevenueAmt
CY Total Revenue$149,431CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$17,834PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$2,569CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$2,569CYTotalFundraisingExpenseAmt
PY Other Expenses$11,201PYOtherExpensesAmt
CY Other Expenses$9,132CYOtherExpensesAmt
PY Total Expenses$29,035PYTotalExpensesAmt
CY Total Expenses$11,701CYTotalExpensesAmt
PY Revenues Less Expenses$103,595PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$137,730CYRevenuesLessExpensesAmt
Total Assets BOY$473,797TotalAssetsBOYAmt
Total Assets EOY$611,527TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$473,797NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$611,527NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO PROVIDE A MUSEUM DEPICTING THE IMPORTANCE OF THE RAILROAD INDUSTRY TO THE ECONOMIC DEVELOPMENT OF THE LAKES REGION OF NEW HAMPHIRE. THE MUSEUM WILL DISPLAY A MODEL RAILROAD AND ITS ROUTES WITHIN CAROLL COUNTY, NEW HAMPSHIRE.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$751ExpenseAmt
DescCREATE AND OPERATE A MODEL RAILROAD MUSEUM FOR THE EDUCATION AND ENJOYMENT OF THE GENERAL PUBLIC.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$101ExpenseAmt
DescCREATE AND OPERATE A MODEL TRAIN MUSEUM FOR THE EDUCATION AND ENJOYMENT OF THE GENERAL PUBLIC.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$101TotalOtherProgSrvcExpenseAmt
Total Program Service Expenses$852TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnfalseAnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcfalseRegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJOHN SIMMSPersonNm
Phone6035699474PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 515AddressLine1Txt
CityWOLFEBOROCityNm
State AbbreviationNHStateAbbreviationCd
ZIP03894ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
RICHARD CHIASSON
DIRECTORYes (X)$0$0$0
KEN GERBER
DIRECTORYes (X)$0$0$0
KAREN KEYES
DIRECTORYes (X)$0$0$0
PAUL MCBRIDE
DIRECTORYes (X)$0$0$0Yes (X)
JOSEPH L SANTORO
TREASURERYes (X)$0$0$0Yes (X)
JOHN SIMMS
PRESIDENTYes (X)$0$0$0Yes (X)
MARC WHITEHEAD
DIRECTORYes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$149,414AllOtherContributionsAmt
Total Contributions$149,414TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$17TotalRevenueColumnAmt
Related Or Exempt Func Income$17RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$149,431TotalRevenueColumnAmt
Related Or Exempt Func Income$17RelatedOrExemptFuncIncomeAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$2,569TotalAmt
Fundraising$2,569FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$609TotalAmt
Management And General$609ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,654TotalAmt
Management And General$1,654ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,514TotalAmt
Management And General$1,514ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$4,356TotalAmt
Program Services$751ProgramServicesAmt
Management And General$3,605ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$101TotalAmt
Program Services$101ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$898TotalAmt
Management And General$898ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$11,701TotalAmt
Program Services$852ProgramServicesAmt
Management And General$8,280ManagementAndGeneralAmt
Fundraising$2,569FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$140BOYAmt
EOY$141EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$63,593BOYAmt
EOY$126,094EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$485,292LandBldgEquipCostOrOtherBssAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$402,064BOYAmt
EOY$485,292EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$8,000BOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$473,797BOYAmt
EOY$611,527EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$473,797BOYAmt
EOY$611,527EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$473,797BOYAmt
EOY$611,527EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$473,797BOYAmt
EOY$611,527EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$137,730ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$145,170CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$60,741CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$30,514CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$132,430CurrentTaxYearMinus1YearAmt
Current Tax Year$149,414CurrentTaxYearAmt
Total$518,269TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$17CurrentTaxYearMinus3YearsAmt
Current Tax Year$17CurrentTaxYearAmt
Total$34TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$145,170CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$60,758CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$30,514CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$132,430CurrentTaxYearMinus1YearAmt
Current Tax Year$149,431CurrentTaxYearAmt
Total$518,303TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$518,303PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$145,170CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$60,758CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$30,514CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$132,430CurrentTaxYearMinus1YearAmt
Current Tax Year$149,431CurrentTaxYearAmt
Total$518,303TotalAmt
FieldValueIRS element (for citing)
Public Support CY5091.00000PublicSupportCY509Pct
Public Support PY5091.00000PublicSupportPY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct
Investment Income PY0.00000InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$454,814InvestmentCostOrOtherBasisAmt
Book Value$454,814BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$30,478InvestmentCostOrOtherBasisAmt
Book Value$30,478BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$485,292TotalBookValueLandBuildingsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONTO PROVIDE A MUSEUM DEPICTING THE IMPORTANCE OF THE RAILROAD INDUSTRY TO THE ECONOMIC DEVELOPMENT OF THE LAKES REGION OF NEW HAMPHIRE. THE MUSEUM WILL DISPLAY A MODEL RAILROAD AND ITS ROUTES WITHIN CAROLL COUNTY, NEW HAMPSHIRE.
FORM 990, PAGE 1, PART I, LINE 6MUSEUM PLANNING AND ADMINISTRATIVE FUNCTIONS.
FORM 990, PAGE 2, PART III, LINE 4DCREATE AND OPERATE A MODEL TRAIN MUSEUM FOR THE EDUCATION AND ENJOYMENT OF THE GENERAL PUBLIC.
FORM 990, PAGE 6, PART VI, LINE 11BEACH MEMBER OF THE BOARD OF DIRECTORS REVIEWS THE COMPILED FINANCIAL STATEMENTS AND THE GENERAL LEDGER PRIOR TO VOTING TO APPROVE THE TAX RETURN.
FORM 990, PAGE 6, PART VI, LINE 19UPON REQUEST.

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