NonprofitsPort Rail Inc

Unclassified

Port Rail Inc

LAKE CHARLES, LA

Total revenue

$1.3M

Total expenses

$1.6M

Net assets

Grants received

EIN

453656118

Tax year

2024

Mission

The purpose of the corporation shall be to aquire, own, maintain, utilize and/or operate the rail line between the union pacific railroad company harbor yard in lake charles and the lake charles harbor terminal district's city docks and industrial canal in unincorporated calcasieu parish, a distance of approximately 15 miles, as well as other connecting rail lines and rail facilities, all in calcasieu parish for the purposes of promoting economic development in the region.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$1.3M
Investment income$4K
Other revenue
Total revenue$1.3M

Expenses

Grants paid
Salaries & benefits$880K
Fundraising
Other expenses$732K
Total expenses$1.6M
Total assets$2.0M
Net assets

People

6 listed

NameRoleCompensation

DEREK MIDKIFF

EXECUTIVE DIRECTOR

Board

$148K

40 hrs/wk

RICHERT L SELF

BOARD MEMBER

Board

1 hrs/wk

KEVIN GUIDRY

PRESIDENT

Board

1 hrs/wk

BEN BOURGEOIS

TREASURER

Board

1 hrs/wk

RANDY OAKLEY

BOARD MEMBER

Board

1 hrs/wk

KAY C BARNETT

BOARD MEMBER

Board

1 hrs/wk

Details

EIN453656118
NTEE codeZ99
Subsection04
Ruling date2014-06
Formed2011
Employees7
Volunteers5
PORT RAIL INC — Mission, Financials & Grants Received | Grantivo