Civic Intelligence

Railroad Cooperation & Education Trust

990 • Fiscal year 2014 • EIN 37-1383839

May 01, 2013 to Apr 30, 2014 • Filed on Oct 24, 2014

1 North Old State Capitol Plaza No52562701

(217) 789-6994

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

53rd percentile

0.03x

Higher debt load relative to assets than 53% of similar nonprofits.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

72nd percentile

0.10x

Higher debt load relative to revenue than 72% of similar nonprofits.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2014

Net Margin

23rd percentile

-3.6%

Higher net margin than 23% of similar nonprofits.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

15th percentile

$0

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2014

Asset Growth

32nd percentile

-0.5%

Faster asset growth than 32% of similar nonprofits.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$1,220,070

Down $5,568 (-0.5%) from 2013

Net Assets

Up

$1,187,403

Up $6,598 (+0.6%) from 2013

Liabilities

Down

$32,667

Down $12,166 (-27%) from 2013

Revenue

$339,262

No earlier filing loaded for comparison.

Expenses

Up

$351,640

Up $11,368 (+3.3%) from 2013

Net Income

-$12,378

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,058,095Liabilities 2011: $8,960Net Assets 2011: $1,049,1352011Assets 2012: $1,120,457Liabilities 2012: $12,011Net Assets 2012: $1,108,4462012Assets 2013: $1,225,638Liabilities 2013: $44,833Net Assets 2013: $1,180,8052013Assets 2014: $1,220,070Liabilities 2014: $32,667Net Assets 2014: $1,187,4032014Assets 2015: $1,242,267Liabilities 2015: $31,984Net Assets 2015: $1,210,2832015Assets 2016: $1,262,663Liabilities 2016: $38,263Net Assets 2016: $1,224,4002016Assets 2017: $1,311,691Liabilities 2017: $31,097Net Assets 2017: $1,280,5942017Assets 2018: $1,330,170Liabilities 2018: $36,028Net Assets 2018: $1,294,1422018Assets 2019: $1,345,056Liabilities 2019: $45,777Net Assets 2019: $1,299,2792019Assets 2020: $1,278,620Liabilities 2020: $25,613Net Assets 2020: $1,253,0072020Assets 2021: $1,393,663Liabilities 2021: $24,274Net Assets 2021: $1,369,3892021Assets 2022: $1,314,741Liabilities 2022: $25,028Net Assets 2022: $1,289,7132022Assets 2023: $1,349,238Liabilities 2023: $27,286Net Assets 2023: $1,321,9522023Assets 2024: $1,501,444Liabilities 2024: $22,048Net Assets 2024: $1,479,3962024Assets 2025: $1,756,795Liabilities 2025: $13,757Net Assets 2025: $1,743,0382025

Highlighted filing

2014

Assets$1,220,070
Liabilities$32,667
Net Assets$1,187,403

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2011: $338,6072011Expenses 2012: $327,6472012Expenses 2013: $340,2722013Revenue 2014: $339,262Expenses 2014: $351,640Net Income 2014: -$12,3782014Revenue 2015: $372,242Expenses 2015: $432,375Net Income 2015: -$60,1332015Revenue 2016: $512,641Expenses 2016: $442,699Net Income 2016: $69,9422016Revenue 2017: $453,671Expenses 2017: $433,635Net Income 2017: $20,0362017Revenue 2018: $445,530Expenses 2018: $430,662Net Income 2018: $14,8682018Revenue 2019: $405,010Expenses 2019: $412,093Net Income 2019: -$7,0832019Revenue 2020: $344,279Expenses 2020: $385,728Net Income 2020: -$41,4492020Revenue 2021: $351,437Expenses 2021: $349,166Net Income 2021: $2,2712021Revenue 2022: $439,916Expenses 2022: $370,181Net Income 2022: $69,7352022Revenue 2023: $452,374Expenses 2023: $393,738Net Income 2023: $58,6362023Revenue 2024: $509,893Expenses 2024: $366,822Net Income 2024: $143,0712024Revenue 2025: $560,972Expenses 2025: $353,407Net Income 2025: $207,5652025

Highlighted filing

2014

Revenue$339,262
Expenses$351,640
Net Income-$12,378
Jump To
Filing Snapshot
Filing Period
May 1, 2013 to Apr 30, 2014
Signed
Oct 24, 2014
Return Version
2013v3.0
Gross Receipts
$506,061
Mission and Program Overview

Mission

Address labor-management needs of railroad maintenance industry in u.s.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$927,829$962,997▲ $35,168
Savings and Temporary Cash Investments$291,775$235,452▼ $56,323
Accounts Receivable$1,935$19,521▲ $17,586
Land, Buildings, and Equipment, Net$4,099$2,100▼ $1,999
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Total Assets$1,225,638$1,220,070▼ $5,568
Liabilities
Other Liabilities$44,833$31,021▼ $13,812
Accounts Payable and Accrued Expenses$0$1,646▲ $1,646
Total Liabilities$44,833$32,667▼ $12,166
Net Assets / Fund Balance
Unrestricted Net Assets$1,180,805$1,187,403▲ $6,598
Total Net Assets Fund Balance$1,180,805$1,187,403▲ $6,598
Total Liabilities and Net Assets / Fund Balance$1,225,638$1,220,070▼ $5,568

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,100$10,350$12,450
Other Land Buildings$0--
Compensation and Service Providers

Board Members and Trustees

NameTitle
John F PennChairman
Mike GoetzDirector
Charles H BakerTrustee
David a FaganTrustee
John PriceTrustee
Larry F LaurelloTrustee
Mark a BrownTrustee
Steve CiscoTrustee
James DaloisioSec/treas
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$308,167
Investment Income
$17,324
Other Revenue
$13,771
Change in Net Assets
$-12,378

Audited Revenue Reconciliation

Revenue per Audited Statements
$338,333
Revenue Not Reported on Financial Statements
$929
Revenue Not Reported on Form 990
$18,976
Total Revenue per Audited Statements
$357,309
Total Revenue per Form 990
$339,262
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$327,678
Salaries, Compensation, and Employee Benefits$23,962
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other---$124,131
Payments to Affiliates---$28,063
Other Salaries and Wages---$21,667
All Other Expenses---$18,211
Other Expenses---$15,398
Office Expenses---$12,256
Conferences and Meetings---$7,815
Travel---$6,197
Fees for Services Accounting---$3,460
Payroll Taxes---$2,295
Fees for Services Legal---$2,000
Depreciation Depletion---$1,999
Occupancy---$1,500
Insurance---$1,028
Fees for Service Investment Mgmnt Fees---$929
Total Functional Expenses$0$0$0$351,640

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$351,640
Expenses per Audited Statements$350,711
Total Expenses per Audited Statements$350,711
Expenses Not Reported on Financial Statements$929
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Illecet$18,500
Due to Rrmihwf$12,521
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The auditor prepares the form 990 and submits it to the executive director for review. Upon review, the executive director then signs the form and the auditor electronically files the form.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

EIN
37-1383839
Phone
2177896994

Signing Officer

Name
Mike Goetz
Title
Executive Director
Phone
2177896994
Signed
2014-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Goetz
Formed
1999
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Preparer
Kristin Romolo CPA
Phone
3096822001
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consulting fees 37,254. Marketing fees 86,877.

Form 990 Part XII, Line 1

The organization uses the modified cash basis of accounting

Financial Statement Notes

PART X, LINE 2:

The organization has no tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly increase or decrease within 12 months of the reporting date.

Raw XML AppendixShowing 400 of 409 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/TotalLiabilityAmt031021
IRS990ScheduleD/TotalRevenuePerForm990Amt0339262
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0357309
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0350711
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE AUDITOR PREPARES THE FORM 990 AND SUBMITS IT TO THE EXECUTIVE DIRECTOR FOR REVIEW. UPON REVIEW, THE EXECUTIVE DIRECTOR THEN SIGNS THE FORM AND THE AUDITOR ELECTRONICALLY FILES THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONSULTING FEES 37,254. MARKETING FEES 86,877.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION USES THE MODIFIED CASH BASIS OF ACCOUNTING
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990 PART XII, LINE 1
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10RAILROAD MAINTENANCE AND INDUSTRIAL HEALTH AND WELFARE FUND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine11RAILROAD TRAINING AND EDUCATION FUND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0371023648
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1371137511
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 C 9
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501 C 5
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HEALTH & WELFARE FUND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1TRAINING FUND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine102725 WEST MONROE STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine111 N OLD STATE CAPITOL PLAZA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0SPRINGFIELD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City1SPRINGFIELD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State1IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode062704
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode162701
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt046191
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt118734
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0MODIFIED CASH BASIS
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1MODIFIED CASH BASIS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine10RAILROAD MAINTENANCE & INDUSTRIAL HEALTH & WELFARE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine11RAILROAD MAINTENANCE & INDUSTRIAL HEALTH & WELFARE
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0O
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd01
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01225638
IRS990/TotalAssetsEOYAmt01220070
IRS990/TotalAssetsGrp/BOYAmt01225638
IRS990/TotalAssetsGrp/EOYAmt01220070
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0351640
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt044833
IRS990/TotalLiabilitiesEOYAmt032667
IRS990/TotalLiabilitiesGrp/BOYAmt044833
IRS990/TotalLiabilitiesGrp/EOYAmt032667
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01180805
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01187403
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0308167
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt017324
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0321938
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0339262
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01225638
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01220070
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt06197
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01180805
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01187403
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine101 NORTH OLD STATE CAPITOL PLAZA NO
IRS990/USAddress/AddressLine20525
IRS990/USAddress/City0SPRINGFIELD
IRS990/USAddress/State0IL
IRS990/USAddress/ZIPCode062701
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0RAILCET.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MIKE GOETZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02177896994
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-10-24
ReturnHeader/Filer/BusinessName/BusinessNameLine10RAILROAD COOPERATION & EDUCATION TRUST
ReturnHeader/Filer/BusinessNameControlTxt0RAIL
ReturnHeader/Filer/EIN0371383839
ReturnHeader/Filer/PhoneNum02177896994
ReturnHeader/Filer/USAddress/AddressLine101 NORTH OLD STATE CAPITOL PLAZA NO
ReturnHeader/Filer/USAddress/AddressLine20525
ReturnHeader/Filer/USAddress/City0SPRINGFIELD
ReturnHeader/Filer/USAddress/State0IL
ReturnHeader/Filer/USAddress/ZIPCode062701
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0371077733
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10ROMOLO & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine101700 W LUTHY DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0PEORIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0IL

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.76$0.01$1.74$0.56$0.35$0.21
2024Detailed filing. Detailed filing data is available for this year.$1.50$0.02$1.48$0.51$0.37$0.14
2023Detailed filing. Detailed filing data is available for this year.$1.35$0.03$1.32$0.45$0.39$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.31$0.03$1.29$0.44$0.37$0.07
2021Detailed filing. Detailed filing data is available for this year.$1.39$0.02$1.37$0.35$0.35$0.00
2020Detailed filing. Detailed filing data is available for this year.$1.28$0.03$1.25$0.34$0.39$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.35$0.05$1.30$0.41$0.41$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.33$0.04$1.29$0.45$0.43$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.31$0.03$1.28$0.45$0.43$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.26$0.04$1.22$0.51$0.44$0.07
2015Detailed filing. Detailed filing data is available for this year.$1.24$0.03$1.21$0.37$0.43$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.22$0.03$1.19$0.34$0.35$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.04$1.18$0.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.01$1.11$0.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.01$1.05$0.34