2024-10-04T15:40:44-04:00 2023-12-31 843482539 SJT GROUP LLC 4811 HARDWARE DR NE SUITE E-4 ALBUQUERQUE NM 87109 990 2023-01-01 850363487 FRIENDS OF THE CUMBRES & TOLTEC SCENIC RAILROAD INC FRIE 5058801311 4421 MCLEOD RD NE SUITE F ALBUQUERQUE NM 87109 TIM TENNANT PRESIDENT/CEO 5058801311 2024-10-04 true false ARMANDO SANCHEZ P01712667 5053128702 2024-10-04 2023 2024-10-15 13:58:12Z TIM TENNANT 4421 MCLEOD NE SUITE F ALBUQUERQUE NM 87109 822006 false X WWW.FRIENDSOFCUMBRESTOLTEC.ORG X 1988 NM FRIENDS OF THE CUMBRES AND TOLTEC SCENIC RAILROAD INC. IS DEDICATED TO THE HISTORIC PRESERVATION, RESTORATION AND INTERPRETATION OF THE CUMBRES AND TOLTEC SCENIC RAILROAD AS A LIVING MUSEUM. THE FRIENDS ENVISION ANOTHER CENTURY OF NARROW GAUGE STEAM RAILROADING WITH THE CUMBRES AND TOLTEC SCENIC RAILROAD BEING WIDELY RECOGNIZED AS ONE OF THE WORLD'S PREMIER "LIVING" MUSEUMS FOR HISTORIC, STEAM RAILROAD OPERATION, PRESERVATION AND INTERPRETATION AND INDUSTRIAL HERITAGE. THE FRIENDS ALSO ENVISIONS THE RAILROAD TO BE THE WORLD'S BEST AND MOST POPULAR TOURIST STEAM RAILROAD EXPERIENCE. RESPONSIBILITY FOR AND LEADERSHIP OF THE HISTORIC PRESERVATION AND MUSEUM FUNCTIONS OF THE CUMBRES AND TOLTEC SCENIC RAILROAD WILL REST WITH THE FRIENDS, TO BE KNOWN AND RESPECTED INTERNATIONALLY AS THE BEST NON-PROFIT, HISTORIC RAILWAY PRESERVATION AND MUSEUM ORGANIZATION IN THE WORLD. 14 13 3 400 0 754177 638019 175413 82650 1057 20229 8731 18653 939378 759551 2000 0 0 172537 198807 0 158966 515227 545918 689764 744725 249614 14826 2105487 2151757 49808 81252 2055679 2070505 X FRIENDS OF THE CUMBRES AND TOLTEC SCENIC RAILROAD INC. IS DEDICATED TO THE HISTORIC PRESERVATION, RESTORATION AND INTERPRETATION OF THE CUMBRES AND TOLTEC SCENIC RAILROAD AS A LIVING MUSEUM. THE FRIENDS ENVISION ANOTHER CENTURY OF NARROW GAUGE STEAM RAILROADING WITH THE CUMBRES AND TOLTEC SCENIC RAILROAD BEING WIDELY RECOGNIZED AS ONE OF THE WORLD'S PREMIER "LIVING" MUSEUMS FOR HISTORIC, STEAM RAILROAD OPERATION, PRESERVATION AND INTERPRETATION AND INDUSTRIAL HERITAGE. THE FRIENDS ALSO ENVISIONS THE RAILROAD TO BE THE WORLD'S BEST AND MOST POPULAR TOURIST STEAM RAILROAD EXPERIENCE. RESPONSIBILITY FOR AND LEADERSHIP OF THE HISTORIC PRESERVATION AND MUSEUM FUNCTIONS OF THE CUMBRES AND TOLTEC SCENIC RAILROAD WILL REST WITH THE FRIENDS, TO BE KNOWN AND RESPECTED INTERNATIONALLY AS THE BEST NON-PROFIT, HISTORIC RAILWAY PRESERVATION AND MUSEUM ORGANIZATION IN THE WORLD. false false 428254 INTERPRETATION AND RESTORATION - MANY THOUSANDS OF PEOPLE WERE BENEFITED BY THE INTERPRETATION OF THE ORGANIZATIONS HISTORIC PROPERTY. THIS IS DONE THROUGH THE NEWSLETTER TO LIBRARIES AND MEMBERS, AND THROUGH WALKING TOURS GUIDING VISITORS THROUGH THE RAILYARD. RESTORATION BENEFITS THE HISTORIC MUSEUM COLLECTION AND IT IS ESTIMATED THAT CLOSE TO 100,000 PEOPLE VISIT THE RAILYARD PROPERTIES EACH YEAR. THE MAJOR PORTION OF THE EXPENSES WERE FOR VARIOUS MATERIALS TO PRESERVE AND RESTORE THE HISTORIC EQUIPMENT AND PROPERTIES. THE FRIENDS HAVE APPROXIMATELY 400 VOLUNTEERS FROM A MEMBERSHIP BASE OF OVER 2,400 WORLDWIDE THAT CONTRIBUTE APPROXIMATELY 40,000 HOURS ANNUALLY IN VOLUNTEER TIME. THESE VOLUNTEERS WORK ON THE RAILROAD'S HISTORICAL ASSETS, SERVE AS DOCENTS ONBOARD THE TRAINS, HELP FUNDRAISE, AND WORK IN THE ORGANIZATION'S PHOTO COLLECTION, ARCHIVES, AND LIBRARY. THE HOURS WORKED BY OUR VOLUNTEERS WOULD TRANSLATE INTO APPROXIMATELY 1.2 MILLION ANNUALLY IN LABOR IF THE FRIENDS HAD TO PAY FOR THESE SERVICES. 428254 true true false false false false false true false true true true false true true true true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 12 0 true 3 true false false false false false true true false false false false false false false false X 14 13 false false false false false false false true true false false true true true true true true true true false NM X KATHARINA ROOT 5058801311 4421 MCLEOD RD NE SUITE F ALBUQUERQUE NM 87109 TIM TENNANT PRESIDENT/CE 40.00 X X 104450 0 0 DON STEWART CHAIRMAN 7.00 X X 0 0 0 CAROLINE TOWER VICE-CHAIR 11.00 X X 0 0 0 JOHN ENGS PROJ COM CHA 36.00 X X 0 0 0 BILL LOCK TREASURER 5.00 X X 0 0 0 ED BEAUDETTE DIRECTOR 1.00 X 0 0 0 SCOTT HARDY DIRECTOR 15.00 X 0 0 0 JIM HERRON DIRECTOR 2.00 X 0 0 0 DAN PYZEL DIRECTOR 1.00 X 0 0 0 JOHN FERRELL DIRECTOR 2.00 X 0 0 0 IAN KELLY DIRECTOR 10.00 X 0 0 0 TOM STEWART DIRECTOR 5.00 X 0 0 0 MELISSA SELLERS DIRECTOR 5.00 X 0 0 0 FRANK HIGGINS DIRECTOR 1.00 X 0 0 0 104450 1 false false false 118099 519920 638019 REIMBURSED COMMISSION PROJECT 541900 54440 54440 WORK SESSIONS 541900 28210 28210 82650 20229 20229 55480 48807 6673 6673 25628 13648 11980 11980 759551 82650 38882 104449 62670 15667 26112 80169 33331 17564 29274 14189 7378 2554 4257 89962 89962 39603 37464 1105 1034 2586 1171 1415 71571 22999 12065 36507 50489 31505 5324 13660 30972 17690 5671 7611 8687 4943 1268 2476 25634 11967 2193 11474 15015 15015 22866 18734 4132 MATERIALS, TOOLS & SUPPLI 162124 162124 NEWSLETTER 25146 25146 PROPERTY TAXES 809 809 MISCELLANEOUS 454 454 744725 428254 157505 158966 565144 238195 214 6000 5485 11473 7372 999559 294367 645087 705192 636226 905426 241343 290087 2105487 2151757 49808 32340 48912 49808 81252 X 1533246 1476469 522433 594036 2055679 2070505 2105487 2151757 X 14826 X false true X true false X 1025692 516602 608472 754177 638019 3542962 1025692 516602 608472 754177 638019 3542962 141018 3401944 6622 5435 966 1057 20229 34309 5673 5673 39460 32646 36105 23417 25628 157256 3740200 279136 0.90960 0.91650 X PART II, LINE 10 MERCHANDISE SALES 131,628 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 90150 90150 90150 90150 90150 90150 90150 90150 89650 500 90150 1.00000 false false 205500 205500 584422 107739 476683 209637 186628 23009 705192 CERTIFICATES OF DEPOSIT 905426 F 905426 COLLECTIONS 241343 OPERATING LEASE RIGHT OF USE ASSETS 48744 290087 OPERATING LEASE LIABILITY, LT 28146 OPERATING LEASE LIABILITY, CURRENT 20766 48912 X 808357 48806 48806 759551 759551 793531 48806 48806 744725 744725 SCHEDULE D, PAGE 3, PART X THE FRIENDS IS A NON-PROFIT ORGANIZATION AND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. THE FRIENDS HAS ADOPTED FASB ASC 740-10, INCOME TAXES, RELATING TO ACCOUNTING FOR UNCERTAIN TAX POSITIONS. THE FRIENDS HAS NOT RECOGNIZED ANY CHANGES TO ITS FINANCIAL STATEMENTS FOR UNCERTAIN TAX POSITIONS RESULTING FROM THIS ADOPTION. SCHEDULE D, PAGE 4, PART XI, LINE 2D COST OF GOODS SOLD 48,806 SCHEDULE D, PAGE 4, PART XII, LINE 2D COST OF GOODS SOLD 48,806 CHARTER TRAINS 55480 55480 4106 44701 55480 55480 4106 44701 48807 6673 FORM 990 - ORGANIZATION'S MISSION FRIENDS OF THE CUMBRES AND TOLTEC SCENIC RAILROAD INC. IS DEDICATED TO THE HISTORIC PRESERVATION, RESTORATION AND INTERPRETATION OF THE CUMBRES AND TOLTEC SCENIC RAILROAD AS A LIVING MUSEUM. THE FRIENDS ENVISION ANOTHER CENTURY OF NARROW GAUGE STEAM RAILROADING WITH THE CUMBRES AND TOLTEC SCENIC RAILROAD BEING WIDELY RECOGNIZED AS ONE OF THE WORLD'S PREMIER "LIVING" MUSEUMS FOR HISTORIC, STEAM RAILROAD OPERATION, PRESERVATION AND INTERPRETATION AND INDUSTRIAL HERITAGE. THE FRIENDS ALSO ENVISIONS THE RAILROAD TO BE THE WORLD'S BEST AND MOST POPULAR TOURIST STEAM RAILROAD EXPERIENCE. RESPONSIBILITY FOR AND LEADERSHIP OF THE HISTORIC PRESERVATION AND MUSEUM FUNCTIONS OF THE CUMBRES AND TOLTEC SCENIC RAILROAD WILL REST WITH THE FRIENDS, TO BE KNOWN AND RESPECTED INTERNATIONALLY AS THE BEST NON-PROFIT, HISTORIC RAILWAY PRESERVATION AND MUSEUM ORGANIZATION IN THE WORLD. FORM 990, PAGE 2, PART III, LINE 4A INTERPRETATION AND RESTORATION - MANY THOUSANDS OF PEOPLE WERE BENEFITED BY THE INTERPRETATION OF THE ORGANIZATIONS HISTORIC PROPERTY. THIS IS DONE THROUGH THE NEWSLETTER TO LIBRARIES AND MEMBERS, AND THROUGH WALKING TOURS GUIDING VISITORS THROUGH THE RAILYARD. RESTORATION BENEFITS THE HISTORIC MUSEUM COLLECTION AND IT IS ESTIMATED THAT CLOSE TO 100,000 PEOPLE VISIT THE RAILYARD PROPERTIES EACH YEAR. THE MAJOR PORTION OF THE EXPENSES WERE FOR VARIOUS MATERIALS TO PRESERVE AND RESTORE THE HISTORIC EQUIPMENT AND PROPERTIES. THE FRIENDS HAVE APPROXIMATELY 400 VOLUNTEERS FROM A MEMBERSHIP BASE OF OVER 2,400 WORLDWIDE THAT CONTRIBUTE APPROXIMATELY 40,000 HOURS ANNUALLY IN VOLUNTEER TIME. THESE VOLUNTEERS WORK ON THE RAILROAD'S HISTORICAL ASSETS, SERVE AS DOCENTS ONBOARD THE TRAINS, HELP FUNDRAISE, AND WORK IN THE ORGANIZATION'S PHOTO COLLECTION, ARCHIVES, AND LIBRARY. THE HOURS WORKED BY OUR VOLUNTEERS WOULD TRANSLATE INTO APPROXIMATELY 1.2 MILLION ANNUALLY IN LABOR IF THE FRIENDS HAD TO PAY FOR THESE SERVICES. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS INITIALLY REVIEWED BY THE ORGANIZATION'S ACCOUNTANT AND PRESIDENT/CEO. ONCE THIS REVIEW IS COMPLETED IT IS THEN PROVIDED TO THE BOARD CHAIRMAN AND THE FINANCE COMMITTEE FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C ON OR BEFORE DECEMBER 31, OF EACH YEAR, EACH OFFICER AND DIRECTOR SHALL FILE A STATEMENT WITH THE CHAIR OF THE AUDIT COMMITTEE (WITH A COPY TO THE PRESIDENT AND CHAIRPERSON OF THE BOARD) DISCLOSING ANY CONFLICTS OR DUALITY OF INTERESTS WHICH EXIST OR WHICH MIGHT BE EXPECTED TO EXIST WITHIN TWELVE MONTHS FOLLOWING THE DATE ON WHICH THE STATEMENT IS FILED. THE STATEMENT SHALL DISCLOSE AS FULLY AS POSSIBLE THE NATURE OF THE ACTUAL OR POTENTIAL CONFLICTS AND THE OFFICER OR DIRECTOR'S INTEREST IN THE TRANSACTION. IF AN OFFICER OR DIRECTOR BELIEVES THAT HE OR SHE HAS OR MAY HAVE A CONFLICT OF INTEREST WITH RESPECT TO A PARTICULAR TRANSACTION OR OTHER MATTER UNDER CONSIDERATION WHICH HAS NOT BEEN PREVIOUSLY DISCLOSED, HE OR SHE SHALL PROMPTLY DISCLOSE SUCH ACTUAL OR POTENTIAL CONFLICT TO THE PRESIDENT AND CHAIRMAN OF THE BOARD. IF THE CHAIRMAN OF THE BOARD DETERMINES THAT THERE IS A CONFLICT WITH RESPECT TO AN OFFICER OR DIRECTOR, HE SHALL NOTIFY THE EFFECTED OFFICER OR DIRECTOR AND THE PRESIDENT/CEO AND SHALL APPOINT TWO INDEPENDENT, NON-CONFLICTED BOARD MEMBERS TO REVIEW THE CASE AND PROPOSE A MANAGEMENT PLAN FOR THE CONFLICT TO THE BOARD, OR TO THE EXECUTIVE COMMITTEE IF THE BOARD IS NOT IN SESSION, FOR APPROVAL. THE CONFLICT SHALL ALSO BE REPORTED TO THE FULL BOARD AND THE EFFECTED OFFICER OR DIRECTOR SHALL AGREE TO ANSWER QUESTIONS FROM OTHER BOARD MEMBERS ABOUT THE CONFLICT. IF THE PARTICULAR TRANSACTION OR MATTER REQUIRES A VOTE OF THE BOARD OR ONE OF ITS COMMITTEES, THE EFFECTED OFFICER OR DIRECTOR SHALL NOT BE COUNTED FOR PURPOSES OF A QUORUM NOR SHALL HE OR SHE VOTE ON THE MATTER. THE MINUTES SHALL REFLECT THE FACT THAT THE PERSON DID NOT VOTE ON THE ISSUE. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR FOR THE FRIENDS EXECUTIVE DIRECTOR IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE EXECUTIVE DIRECTOR IS ELIGIBLE FOR AN ANNUAL PERFORMANCE BONUS. THE BONUS IS ALSO APPROVED BY THE EXECUTIVE COMMITTEE BASED ON A MATRIX OF PERFORMANCE ACCOMPLISHMENTS AS AGREED UPON BY ALL PARTIES AT THE BEGINNING OF EACH YEAR. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION OF OFFICERS AND KEY EMPLOYEES IS DETERMINED ANNUALLY DURING THE BUDGETING PROCESS. THE BUDGET IS APPROVED BY THE EXECUTIVE COMMITTEE ON BEHALF OF THE BOARD. THE FRIENDS DOES NOT CURRENTLY COMPENSATE ANY OFFICERS WITH THE EXCEPTION OF THE EXECUTIVE DIRECTOR. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE FOR REVIEW UPON REQUEST AT THE OFFICE OF FRIENDS OF THE CUMBRES AND TOLTEC RAILROAD. FORM 990, PART XI, LINE 9 COST OF GOODS SOLD 48,806 COST OF GOODS SOLD -48,806