Public Charity

Rutherford Railroad Development Corp

Based in Rutherfordton, NC, Rutherford Railroad Development Corp operates as a Public Charity. The organization reported $286K in revenue, $19K in expenses, $293K in total assets for fiscal year 2024. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $286K.

EIN: 884265374 Rutherfordton, NC Latest filing: 2024
Total Revenue$286K
Total Expenses$19K
Total Assets$293K
Grant Records1
Funding Total$286K
Filing Years2023–2024

Mission

The purpose of the corporation is to acquire,preserve,maintain, and manage former railroad rights of way for interim public recreational trail use to ensure their availability for future rail service reactivation. To promote public health and wellness.

Officers & Directors

Chairman Doug Barrick
Vice Chairman Janet Mason
Treasurer Scott Webber
Secretary Steve Garrison

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$286,016 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $286K $19K $293K
2023 $65K $38K $26K

Between 2023 and 2024, reported annual revenue grew from $65K to $286K (+342%), with total assets most recently reported at $293K.

Interactive year-over-year charts and full filing details available with membership.

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