TY 2023 Form 990

(A)
Name and title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)

(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)

(F)
Estimated amount of other compensation from the organization and related organizations

(1) JOHN PEARSON......................................................................
PRESIDENT, DIRECTOR

0.00
.................

(2) CLARK JOHNSON......................................................................
VICE PRESIDENT, DIRECTOR EMERITUS

0.00
.................

(3) DAVID HOFFMAN......................................................................
DIRECTOR

0.00
.................

(4) ADAM AUXIER......................................................................
DIRECTOR

0.00
.................

(5) MICHAEL KELLY......................................................................
DIRECTOR

0.00
.................

(6) RICK STONE......................................................................
DIRECTOR

0.00
.................

(7) THOMAS LANAHAN......................................................................
SECRETARY/DIRECTOR

0.00
.................

(8) BILL GRAY......................................................................
DIRECTOR

0.00
.................

(9) ROBERT MENZIES......................................................................
DIRECTOR

0.00
.................

(10) KEVIN MOORE......................................................................
DIRECTOR

0.00
.................

(11) DALE PARKS......................................................................
DIRECTOR

0.00
.................

(12) DAVID ROHR......................................................................
TREASURER

0.00
.................

(13) MIKE MARGRAVE......................................................................
VICE PRESIDENT LEGAL

0.00
.................

(14) TONY MARCHIANDO......................................................................
VICE PRSIDENT AMTRAK LIAISON

0.00
.................

(15) TAYLOR JOHNSON......................................................................
VICE PRESIDENT TRANSPORTAT

0.00
.................

(A)
Name and title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)

(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)

(F)
Estimated amount of other compensation from the organization and related organizations

(A)
Name and business address

(B)
Description of services

Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 0

- TIN:

SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2023

Open to Public
Inspection

Name of the organization

AMERICAN ASSOCIATION OF PRIVATE RAILROAD
CAR OWNERS

Employer identification number

22-2186630

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 3	THE ORGANIZATION HAS A CONTRACT WITH THE NATIONAL RAILORAD HALL OF FAME WITH JULIE KING ACTING AS OUR EXECUTICVE DIRECTOR.
FORM 990, PART VI, SECTION A, LINE 6	THE ORGANIZATION HAS 3 CLASSES OF SHAREHOLDERS. 1. CAR OWNER WITH AMTRAK CERTIFIED PASSENGER CAR, 2. CAR OWNER WITH NON AMTRAK CERTIFIED PASSENGER CAR 3. ASSOCIATE MEMBERS
FORM 990, PART VI, SECTION A, LINE 7A	THE ORGANIZATION HAS 3 CLASSES OF VOTING MEMBERS; CAR OWNER OF AMTRAK CERTIFIED PASSENGER CAR, CAR OWNER OF NON-AMTRAK CERTIFIED PASSENGER CAR, AND ASSOCIATE MEMBER WHO DOES NOT OWN A RAILROAD PASSENGER CAR. THERE ARE 7 DIRECTORS OF AMTRAK CERTIFIED CAR OWNERS, EACH WITH ONE VOTE ON THE BOARD OF DIRECTORS. THERE ARE 2 DIRECTORS OF NON-AMTRAK CERTIFIED CAR OWNERS WHO EACH HAVE ONE VOTE ON THE BOARD OF DIRECTORS. THERE IS ONE DIRECTOR OF ASSOCIATE MEMBERS WHO HAS ONE VOTE ON THE BOARD OF DIRECTORS
FORM 990, PART VI, SECTION B, LINE 11B	THE TAX RETURN FORM 990 IS AVAILABLE TO ALL OFFICERS AND BOARD MEMBERS ISF DESIRED.
FORM 990, PART VI, SECTION C, LINE 18	AAPRCO HAS A WEB SITE THAT HAS A MEMBERS ONLY AREA WITH BOARD MINUTES, COMMITTEES. POLICIES, BY-LAWS AND MUCH MORE AVAILABLE. COPY OF THE TAX RETURN IS AVAILABLE ON REQUEST TO ANY INDIVIDIUAL.
FORM 990, PART VI, SECTION C, LINE 19	AAPRCO HAS A WEB SITE THAT HAS A MEMBERS ONLY AREA WTIH BOARD MINUTES, COMMITTEES. POLICIES, BY-LAWS AND MUCH MORE AVAILABLE. COPY OF THE TAX RETURN IS AVAILABLE ON REQUEST TO ANY INTERESTD INDIVIDUAL.
FORM 990, PART IX, LINE 11G	WASHINGTON DC REPRESENTATIVE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,607. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,607. SUPPLIES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 130. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 130. POSTAGE/SHIPPING/PRINTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 948. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 948. TELEPHONE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,652. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,652. CONSTANT CONTACT E-PROGRAM: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 906. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 906. BOARD MEETING EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,102. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,102. FREIGHT RAILROAD UMLER EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 385. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 385. CONVENTION EXPENSE: PROGRAM SERVICE EXPENSES 41,388. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 41,388. SPECIAL TRAIN EXPENSE: PROGRAM SERVICE EXPENSES 143,068. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 143,068. PUBLIC RELATIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 283. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 283. LEGAL: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 127. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 127. MEMBERSHIP DUES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,000. CREDIT CARD PROCESSING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,705. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,705. INSURANCE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,075. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,075. WEB SITE EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,737. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,737.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) 2023

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: THE ASSOCIATION'S MISSION IS TO PROMOTE THE OPERATION, OWNERSHIP, AND ENJOYMENT OF PRIVATELY OWNED PASSENGER CARS.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	10
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	10
5	Total number of individuals employed in calendar year 2023 (Part V, line 2a) ......	5	0
6	Total number of volunteers (estimate if necessary) .............	6	0
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	37
b	Net unrelated business taxable income from Form 990-T, Part I, line 11 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	42,971	45,886
9	Program service revenue (Part VIII, line 2g) .........	353,418	242,366
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	20	37
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	12	0
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	396,421	288,289
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	0	0
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	0	0
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	463,468	259,117
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	463,468	259,117
19	Revenue less expenses. Subtract line 18 from line 12.......	-67,047	29,172
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	89,596	120,711
21	Total liabilities (Part X, line 26).............	8,510	10,453
22	Net assets or fund balances. Subtract line 21 from line 20.....	81,086	110,258

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 74,662 including grants of $ ) (Revenue $ )
	THE ASSOCIATION IS VIGEROUSLY PURSUING OPTIONS, AVAILABLY BY CONTINUEINMG TO STRONGLY ADVOCATE THE OPERATION OF MEMBERS CARS ON AMTRAK AND AMTRAK OPERATED SPECIAL TRAINS. THE ASSOCIATION ALSO WORKS CLOSELY WITH FREIGHT AND COMMUTER RAILROADS FOR THE OPERATION OF OUR CARS.

4b	(Code: ) (Expenses $ 41,388 including grants of $ ) (Revenue $ 38,760 )
	WE HAVE AN ANNUAL CONVENTION AND PERIODIC MEETINGS OF MEMBERS FOR THE PROMOTION OF SAFETY AND THE PRESERVATION OF HISTORIC RAILROAD CARS. THE CONVENTION THIS YEAR WAS HELD IN NEW ORLEANS MAY 2 TO 4, 2023.

4c	(Code: ) (Expenses $ 143,068 including grants of $ ) (Revenue $ 203,606 )
	AAPRCO SPONSORED OUR MEMBERS CARS AT OUR ANNUAL CONVENTION IN NEW ORLEANS MAY 2 TO 4. THE CARS WERE LOCATED AT NEW ORLEANS UNION STATION, A SHORT WALK FROM THE HYATT REGENCY OUR COVENTION HOTELAAPRCO RAN OUR EXPLORERS IV VERMONT TRAIN OCTOBER 1 TO 7. THIS IS THE 4TH YEAR WE HAVE RUN A FALL SPECIAL TRAIN TO VIEW NEW ENGLAND'S FALL COLORS. THE CARS ARE MARSHALLED IN ALBANY NEW YORK AND TRAVEL TO BURLINGTON VERMONT WITH STOPS AND SIGHSEEING ALONG THE WAY.AAPRCO IS INVOLVED WITH PULLAM RAILROAD DAYS WITH 3 OF OUR MEMBERS CARS ATTENDING AND OPEN FOR VIEWING. THOSE CARS WERE NEW YORK CENTRAL 3 A BUSINESS CAR, ROYAL STREET AND ROUND END STREAMLINE LOUNGE CAR AND THE COLONIAL CRAFTS A BEDROOM LOUNGE CAR BUILT FOR THE PENNSYLVANIA RAILROAD.

4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses259,118

1b	Sub-Total..............
c	Total from continuation sheets to Part VII, Section A..
d	Total (add lines 1b and 1c).........	0	0	0

(A) Name and business address	(B) Description of services	(C) Compensation





2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 0

1a	Federated campaigns..		1a
b	Membership dues..		1b	42,380
c	Fundraising events..		1c
d	Related organizations		1d
e	Government grants (contributions)		1e

f	All other contributions, gifts, grants, and similar amounts not included above		1f	3,506

g	Noncash contributions included in lines 1a - 1f:$		1g

h Total. Add lines 1a-1f.......		45,886

		Business Code
2a	EXPLORERS IV VERMONT T	480000	184,881	184,881
b	CONVENTION	480000	38,760	38,760
c	CONVENTION SPECIAL TRA	480000	18,725	18,725
d
e
f	All other program service revenue.
g	Total. Add lines 2a–2f .....		242,366

3 Investment income (including dividends, interest, and othersimilar amounts) ......			37		37
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
			(i) Real	(ii) Personal
6a	Gross rents	6a
b	Less: rental expenses	6b
c	Rental income or (loss)	6c
d	Net rental income or (loss).......
			(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory	7a
b	Less: cost or other basis and sales expenses	7b
c	Gain or (loss)	7c
d	Net gain or (loss).........
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a
b	Less: direct expenses ...		8b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a
b	Less: cost of goods sold ..		10b
c	Net income or (loss) from sales of inventory..

Business Code
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......
12	Total revenue. See instructions.....			288,289	242,366	37	0

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............
4	Benefits paid to or for members .......
5	Compensation of current officers, directors, trustees, and key employees ...........
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........
7	Other salaries and wages........
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....
9	Other employee benefits .......
10	Payroll taxes ...........
11	Fees for services (non-employees):
a	Management ......	49,004		49,004
b	Legal .........
c	Accounting ...........
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	210,113	184,456	25,657
12	Advertising and promotion ....
13	Office expenses .......
14	Information technology ......
15	Royalties ..
16	Occupancy ...........
17	Travel ............
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....
20	Interest ...........
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..
23	Insurance ...
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a
b
c
d
e	All other expenses
25	Total functional expenses. Add lines 1 through 24e	259,117	184,456	74,661	0
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........		89,596	1	120,711
2	Savings and temporary cash investments .........			2
3	Pledges and grants receivable, net ......			3
4	Accounts receivable, net .............			4
5	Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
				5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
				6
7	Notes and loans receivable, net ...........			7
8	Inventories for sale or use ............			8
9	Prepaid expenses and deferred charges ......			9
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a
b	Less: accumulated depreciation	10b		10c
11	Investments—publicly traded securities .			11
12	Investments—other securities. See Part IV, line 11 .....			12
13	Investments—program-related. See Part IV, line 11 ..			13
14	Intangible assets ...............			14
15	Other assets. See Part IV, line 11 ...........			15
16	Total assets. Add lines 1 through 15 (must equal line 33)...		89,596	16	120,711

17	Accounts payable and accrued expenses .....		17	4,813
18	Grants payable ...		18
19	Deferred revenue .........	8,510	19	5,640
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
			22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D		25
26	Total liabilities. Add lines 17 through 25..	8,510	26	10,453

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	81,086	27	110,258
28	Net assets with donor restrictions ...........		28
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	81,086	32	110,258
33	Total liabilities and net assets/fund balances ........	89,596	33	120,711