Railway Systems Suppliers Inc

Jacksonville, FL
Tax-exempt since April 1968
EIN: 13-2595348

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Type of Nonprofit

Designated as a 501(c)(6) Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Revenue

$1.44M (2023)

Expenses

$1.25M (2023)

Total Assets

$5.4M (2023)

Total Liabilities

$184k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$1,438,251

Expenses

$1,252,168

Net Income

$186,083

Net Assets

$5,216,048

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,438,695	> 100%
Investment Income	$60,663	4.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$61,107
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$96,622	7.7%

Assets/Debt
Total Assets	$5,400,481
Total Liabilities	$184,433
Net Assets	$5,216,048

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael Drudy (Executive Dir.)	$132,762	$0	$0
Ashley Bettis (Director)	$0	$0	$0
Bill Crain (Director)	$0	$0	$0
Tim Orlandi (Director)	$0	$0	$0
Arthur Mc Ginnis (Director)	$0	$0	$0
Jeffrey Baker (Executive Vp)	$0	$0	$0
Sid Bakker (President)	$0	$0	$0
Stephen Bolte (Director)	$0	$0	$0
Franklin Brown (Director)	$0	$0	$0
Jim Hanlon (Director)	$0	$0	$0
Miles Metschke (Director)	$0	$0	$0
Paul Rieger (Director)	$0	$0	$0
Mike Nolan (First Vp)	$0	$0	$0
Harry Waters (Second Vp)	$0	$0	$0
Matthew Bolte (Director)	$0	$0	$0

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990

Filed on May 10, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2022

Revenue

$1,487,771

Expenses

$1,134,304

Net Income

$353,467

Net Assets

$4,670,438

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,171,851	78.8%
Investment Income	$277,338	18.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$4,999	0.3%
Net Inventory Sales	$0
Other Revenue	$33,583	2.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$70,112	6.2%

Assets/Debt
Total Assets	$5,031,250
Total Liabilities	$360,812
Net Assets	$4,670,438

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael Drudy (Executive Dir.)	$130,760	$0	$0
Ashley Bettis (Director)	$0	$0	$0
Bill Crain (Director)	$0	$0	$0
Tim Orlandi (Controller)	$0	$0	$0
Arthur Mc Ginnis (Director)	$0	$0	$0
Jeffrey Baker (First Vp)	$0	$0	$0
Sid Bakker (Executive Vp)	$0	$0	$0
Stephen Bolte (President)	$0	$0	$0
Franklin Brown (Director)	$0	$0	$0
Jim Hanlon (Director)	$0	$0	$0
Miles Metschke (Director)	$0	$0	$0
Phil Hess (Director)	$0	$0	$0
Paul Rieger (Director)	$0	$0	$0
Thomas Ulrich (Director)	$0	$0	$0
Mike Nolan (Second Vp)	$0	$0	$0
Harry Waters (Director)	$0	$0	$0

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990

Filed on May 30, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2021

Revenue

$1,068,552

Expenses

$956,505

Net Income

$112,047

Net Assets

$5,081,612

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$767,511	71.8%
Investment Income	$277,338	26.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$23,703	2.2%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$66,653	7.0%

Assets/Debt
Total Assets	$5,150,702
Total Liabilities	$69,090
Net Assets	$5,081,612

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael Drudy (Executive Dir.)	$107,250	$0	$0
George Rudge (Director)	$0	$0	$0
Ronald Mc Daniel (Director)	$0	$0	$0
Tim Orlandi (President)	$0	$0	$0
Arthur Mc Ginnis (Vice President)	$0	$0	$0
Jeffrey Baker (Director)	$0	$0	$0
Sid Baker (Second Vp)	$0	$0	$0
Steve Bolte (First Vp)	$0	$0	$0
Franklin Brown (Director)	$0	$0	$0
Russ Gehl (Director)	$0	$0	$0
Patti Jon Goff (Director)	$0	$0	$0
Phil Hess (Director)	$0	$0	$0
Harry Waters (Director)	$0	$0	$0
Thomas Ulrich (Director)	$0	$0	$0
Mike Nolan (Director)	$0	$0	$0

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990

Filed on April 26, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2020

Revenue

$641,194

Expenses

$461,264

Net Income

$179,930

Net Assets

$4,801,303

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$473,750	73.9%
Investment Income	$111,815	17.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$38,726	6.0%
Net Inventory Sales	$0
Other Revenue	$16,903	2.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$69,231	15.0%

Assets/Debt
Total Assets	$4,890,983
Total Liabilities	$89,680
Net Assets	$4,801,303

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael Drudy (Executive Dir.)	$124,000	$0	$0
George Rudge (President)	$0	$0	$0
Ronald Mc Daniel (Vice President)	$0	$0	$0
Tim Orlandi (Second Vp)	$0	$0	$0
Arthur Mc Ginnis (Second Vp)	$0	$0	$0
Jeffrey Baker (Director)	$0	$0	$0
Sid Baker (Director)	$0	$0	$0
Steve Bolte (Director)	$0	$0	$0
Franklin Brown (Director)	$0	$0	$0
Michael Choat (Director)	$0	$0	$0
Patti Jon Goff (Director)	$0	$0	$0
Phil Hess (Director)	$0	$0	$0
Bob Ryan (Director)	$0	$0	$0
Thomas Ulrich (Director)	$0	$0	$0

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990

Filed on June 4, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2019

Revenue

$1,565,171

Expenses

$1,111,236

Net Income

$453,935

Net Assets

$4,535,784

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,372,427	87.7%
Investment Income	$114,570	7.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$65,129	4.2%
Net Inventory Sales	$0
Other Revenue	$13,045	0.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$57,077	5.1%

Assets/Debt
Total Assets	$4,571,416
Total Liabilities	$35,632
Net Assets	$4,535,784

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael Drudy (Executive Dir.)	$99,000	$0	$0
George Rudge (President)	$0	$0	$0
Ronald Mc Daniel (Vice President)	$0	$0	$0
Tim Orlandi (Second Vp)	$0	$0	$0
Arthur Mc Ginnis (Second Vp)	$0	$0	$0
Jeffrey Baker (Director)	$0	$0	$0
Sid Baker (Director)	$0	$0	$0
Steve Bolte (Director)	$0	$0	$0
Franklin Brown (Director)	$0	$0	$0
Michael Choat (Director)	$0	$0	$0
Patti Jon Goff (Director)	$0	$0	$0
Phil Hess (Director)	$0	$0	$0
Bob Ryan (Director)	$0	$0	$0
Thomas Ulrich (Director)	$0	$0	$0

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990

Filed on Nov. 3, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2018

Revenue

$1,276,378

Expenses

$953,209

Net Income

$323,169

Net Assets

$3,741,353

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,106,600	86.7%
Investment Income	$163,468	12.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$6,310	0.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$54,404	5.7%

Assets/Debt
Total Assets	$4,149,219
Total Liabilities	$407,866
Net Assets	$3,741,353

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Mike Drudy (Executive Director)	$99,000	$0	$0
N Michael Choat (Director)	$0	$0	$0
Phill Hess (President)	$0	$0	$0
George Rudge (Executive Vice President)	$0	$0	$0
Ronald Mcdaniel (First Vice President)	$0	$0	$0
Tim Orlandi (Second Vice President)	$0	$0	$0
Sid Bakker (Director)	$0	$0	$0
Steve Bolte (Director)	$0	$0	$0
Franklin Brown (Director)	$0	$0	$0
David Fox (Director)	$0	$0	$0
Patti Jon Goff (Director)	$0	$0	$0
Derald Herinckx (Director)	$0	$0	$0
Art Mcginnis (Director)	$0	$0	$0
John Paljug (Director)	$0	$0	$0
Bob Ryan (Director)	$0	$0	$0
Thomas Ulrich (Director)	$0	$0	$0

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990

Filed on Nov. 15, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2017

Revenue

$1,451,573

Expenses

$1,040,874

Net Income

$410,699

Net Assets

$3,718,108

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,318,421	90.8%
Investment Income	$132,398	9.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$754	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$47,210	4.5%

Assets/Debt
Total Assets	$3,744,831
Total Liabilities	$26,723
Net Assets	$3,718,108

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Mike Drudy (Executive Di)	$100,425	$0	$0
N Michael Choat (Director)	$0	$0	$0
Walter Winzen (President)	$0	$0	$0
Franklin Brown (Vice Preside)	$0	$0	$0
Phill Hess (1 St Vice Pre)	$0	$0	$0
David K Fox (Director)	$0	$0	$0
Arthur J Mcginnis (Director)	$0	$0	$0
Patti Jon Goff (Director)	$0	$0	$0
Ronald L Mcdaniel (2 Nd Vice Pre)	$0	$0	$0
Tim Orlandi (Director)	$0	$0	$0
George Rudge (Director)	$0	$0	$0
Bob Ryan (Director)	$0	$0	$0
Tom Ulrich (Director)	$0	$0	$0
Steve Bolte (Director)	$0	$0	$0
Derald Herinckx (Director)	$0	$0	$0

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990

Filed on May 1, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2016

Revenue

$1,616,151

Expenses

$1,330,655

Net Income

$285,496

Net Assets

$3,133,626

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,503,450	93.0%
Investment Income	$109,645	6.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$3,056	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$38,850	2.9%

Assets/Debt
Total Assets	$3,699,339
Total Liabilities	$565,713
Net Assets	$3,133,626

Compensation

Key Employees and Officers	Compensation	Related	Other
Mike Drudy (Executive Di)	$99,000	$0	$0
N Michael Choat (President)	$0	$0	$0
Walter Winzen (Vice Preside)	$0	$0	$0
Franklin Brown (1 St Vice Pre)	$0	$0	$0
Phill Hess (2 Nd Vice Pre)	$0	$0	$0
David K Fox (Director)	$0	$0	$0
Arthur J Mcginnis (Director)	$0	$0	$0
Patti Jon Goff (Director)	$0	$0	$0
Ronald L Mcdaniel (Director)	$0	$0	$0
Tim Orlandi (Director)	$0	$0	$0
George Rudge (Director)	$0	$0	$0
Bob Ryan (Director)	$0	$0	$0
Tom Ulrich (Director)	$0	$0	$0
Joseph Noffsinger (Director)	$0	$0	$0

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990

Filed on April 2, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$1,477,631

Expenses

$1,158,953

Net Income

$318,678

Net Assets

$2,742,419

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,326,637	89.8%
Investment Income	$73,038	4.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$60,436	4.1%
Net Inventory Sales	$0
Other Revenue	$17,520	1.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$36,000	3.1%

Assets/Debt
Total Assets	$2,790,237
Total Liabilities	$47,818
Net Assets	$2,742,419

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$1,459,731

Expenses

$1,493,984

Net Income

-$34,253

Net Assets

$2,609,858

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,226,415	84.0%
Investment Income	$73,163	5.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$140,604	9.6%
Net Inventory Sales	$0
Other Revenue	$19,549	1.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$37,116	2.5%

Assets/Debt
Total Assets	$3,242,012
Total Liabilities	$632,154
Net Assets	$2,609,858

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael Drudy (Executive Di)	$90,000	$0	$0
Jon Paljug (President)	$0	$0	$0
N Michael Choat (Vice Preside)	$0	$0	$0
Walter Winzen (1 St Vice Pre)	$0	$0	$0
Franklin Brown (2 Nd Vice Pre)	$0	$0	$0
David K Fox (Director)	$0	$0	$0
Arthur J Mcginnis (Director)	$0	$0	$0
Patti Jon Goff (Director)	$0	$0	$0
Phil Hess (Director)	$0	$0	$0
Joseph Noffsinger (Director)	$0	$0	$0
Ronald L Mcdaniel (Director)	$0	$0	$0
Tim Orlando (Director)	$0	$0	$0
George W Rudge (Director)	$0	$0	$0
Bob Ryan (Director)	$0	$0	$0
Tom Ulrich (Director)	$0	$0	$0

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990

Filed on May 5, 2015

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Fiscal Year Ending Dec.
2013

Revenue

$1,286,356

Expenses

$1,188,339

Net Income

$98,017

Net Assets

$2,678,110

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$111,560	8.7%
Investment Income	$129,868	10.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$3,331
Net Inventory Sales	$0
Other Revenue	$1,048,259	81.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$64,443	5.4%

Assets/Debt
Total Assets	$2,973,722
Total Liabilities	$295,612
Net Assets	$2,678,110

Compensation

Key Employees and Officers	Compensation	Related	Other
Franklin Brown (Director)	$0	$0	$0
George Rudge (Director)	$0	$0	$0
Jim Higginbottom (Director)	$0	$0	$0
Tim Orlandi (Director)	$0	$0	$0
Joe Noffsinger (Director)	$0	$0	$0
John Paljug (Director)	$0	$0	$0
Mike Choat (Director)	$0	$0	$0
Patti Goff (Director)	$0	$0	$0
Phil Hess (Director)	$0	$0	$0
David Fox (Director)	$0	$0	$0
Ron Mcdaniel (Director)	$0	$0	$0
Steve Bolte (Director)	$0	$0	$0
Tom Ulrich (Director)	$0	$0	$0
Walter Winzen (Director)	$0	$0	$0
Michael Drudy (Executive Director)	$0	$90,000	$0

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990

Filed on July 29, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2012

Revenue

$1,107,007

Expenses

$992,553

Net Income

$114,454

Net Assets

$2,462,625

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$97,500	8.8%
Program Services	$932,817	84.3%
Investment Income	$68,190	6.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$8,500	0.8%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$59,802	6.0%

Assets/Debt
Total Assets	$2,874,049
Total Liabilities	$411,424
Net Assets	$2,462,625

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$1,351,645

Expenses

$1,218,557

Net Income

$133,088

Net Assets

$2,237,925

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$116,550	8.6%
Program Services	$1,152,341	85.3%
Investment Income	$67,034	5.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$15,720	1.2%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$9,844	0.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$61,992	5.1%

Assets/Debt
Total Assets	$2,468,598
Total Liabilities	$230,673
Net Assets	$2,237,925

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

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Railway Systems Suppliers Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $1.44M (2023)

Expenses $1.25M (2023)

Total Assets $5.4M (2023)

Total Liabilities $184k (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Revenue

$1.44M (2023)

Expenses

$1.25M (2023)

Total Assets

$5.4M (2023)

Total Liabilities

$184k (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005