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Nonprofit · EIN 20-2007714

LOCAL RAILROADS OF ARKANSAS INC

Tax-exempt (reinstated) · LITTLE ROCK, AR 72201

Financials

$64K$60K2024
Revenue Expenses · by fiscal year end
Financials of LOCAL RAILROADS OF ARKANSAS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$64,387$60,215$4,172$4,701$0$4,701
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Membership dues
$64,387

Expenses

Compensation of officers, directors and key employees
$60,000
Salaries, compensation and benefits (total)
$60,000
Professional fees and payments to contractors
$215

Balance sheet and other

Total assets, start of year
$529
Total assets, end of year
$4,701
Total liabilities, end of year
$0
Net assets, end of year
$4,701
Cash, savings and investments
$4,701
Gross receipts
$64,387

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
TED MULLENIXEXECUTIVE DIRECTOR40$60,000
DANNY ROBBINSPRESIDENT0$0
CAREN KRASKAVICE PRESIDENT0$0
JOE ARBONASECRETARY0$0
JACK REYNOLDSTREASURER0$0

Address and contacts

Address (IRS master file)
501 WOODLANE ST STE 104, LITTLE ROCK, AR 72201-1058
In care of
% JACK REYNOLDS
Mailing address (990-N for 2023)
PO BOX 46, EL DORADO AR 71730
Principal officer (990-N for 2023)
JACK REYNOLDS, PO BOX 46, EL DORADO AR 71730
Signed the 990-EZ
BRYAN DAY, TREASURER
Phone
(501) 791-9552
Return prepared by
HCJ CPAS & ADVISORS PLLC

Mission

TO PROVIDE A TRADE ASSOCIATION FOR ALL SHORT LINE RAILROADS THAT OPERATE IN THE STATE OF ARKANSAS, TO ADVOCATE FOR THE RIGHTS AND NEEDS OF RAILROADS AND THEIR CUSTOMERS, AS WELL AS TO ENCOURAGE ECONOMIC GROWTH WITHIN THE STATE OF ARKANSAS.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • INFORMING MEMBERS OF CURRENT TRENDS AND NEWS IN THE RAILROAD INDUSTRY; PLANNING OF SPECIAL BOARD AND MEMBER MEETINGS

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
20-2007714
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2012
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,701
Income (IRS master file)
$64,387

Revocation and reinstatement

Exemption revoked
May 15, 2010
Posted by the IRS
August 14, 2012
Reinstated
Effective May 15, 2010

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$64,387$60,215$4,701XML
990-N for 2023
Officer: JACK REYNOLDS
December 31, 2023≤ $50,000 receipts––e-Postcard
990-N for 2022
Officer: Jack Reynolds
December 31, 2022≤ $50,000 receipts––e-Postcard
990-N for 2021
Officer: Jack Reynolds
December 31, 2021≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Jack Reynolds
December 31, 2019≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-2007714).

Questions about LOCAL RAILROADS OF ARKANSAS INC

What is the EIN of LOCAL RAILROADS OF ARKANSAS INC?
The employer identification number (EIN) of LOCAL RAILROADS OF ARKANSAS INC is 20-2007714.
Is LOCAL RAILROADS OF ARKANSAS INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective May 15, 2010.
Are donations to LOCAL RAILROADS OF ARKANSAS INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LOCAL RAILROADS OF ARKANSAS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LOCAL RAILROADS OF ARKANSAS INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LOCAL RAILROADS OF ARKANSAS INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of LOCAL RAILROADS OF ARKANSAS INC?
The 990-N for 2023 names JACK REYNOLDS.
Who are the officers and directors of LOCAL RAILROADS OF ARKANSAS INC?
The 990-EZ for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $60,000 (TED MULLENIX, EXECUTIVE DIRECTOR).
How much revenue does LOCAL RAILROADS OF ARKANSAS INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $64,387, expenses of $60,215 and total assets of $4,701 at year end.

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