Transparency & Accountability

Trains In The Valley takes very seriously its responsibility as a nonprofit organization. Our goal is to model the best practices used by other nonprofits organizations. We firmly believe that with transparency comes trust.

With that thought in mind, we are pleased to provide additional details about the structure of our organization and its finances.

 


Organizational Status

Trains In The Valley launched on April 12, 2016. We are currently conducting business as an unincorporated nonprofit association.

The Trains In The Valley website — which is published under the domain name trainsinthevalley.org — is managed using the WordPress.com platform.

We have obtained an Employer Identification Number (EIN) from the Internal Revenue Service for the purpose of establishing a bank account with Florence Bank, 85 Main St, Florence, MA 01062.

Pioneer Valley Regional Ventures Center, Inc., a tax-exempt Section 501(c)(3) organization, has agreed to act as an interim fiscal sponsor for Trains In The Valley. Fiscal sponsorship is an agreement through which an organization without tax-exempt status — but which could qualify for it — partners with an existing tax-exempt organization in order to receive donations and grants.

We have registered our association with the Massachusetts Attorney General’s Non-Profit Organizations/Public Charities Division. Our Charity Registration Form and Annual Filing(s) can be viewed by searching for “Trains In The Valley” on the Attorney General’s Charities Document Search web page.

We intend to incorporate as a nonprofit corporation with the Secretary of the Commonwealth of Massachusetts and apply for tax-exempt status under Section 501(c)(3) of the Internal Revenue Code tax code at a date in the future that has yet to be determined.

 


Financial Reports

2016 Fiscal Year

Full year report | FY2016

Quarterly reports | 2Q2016    3Q2016     4Q2016

 

2017 Fiscal Year

Full year report | FY2017

Quarterly reports | 1Q2017    2Q2017    3Q2017    4Q2017

 

2018 Fiscal Year

Full year report | FY2018

Quarterly report | 1Q2018    2Q2018    3Q2018  4Q2018

 

2019 Fiscal Year

Quarterly report | 1Q2019

 

All reports have been saved as PDF files.

Please contact us if you have any questions about the financial statements presented above.

 

 

Page last updated: June 17, 2019
Page last reviewed: September 4, 2018