PORT RAIL INC
1611 W SALLIER ST, LAKE CHARLES, LA 70601 www.portraillc.com

Total Revenue
$1,895,719
Total Expenses
$1,517,049
Net Assets
$-555,771

Organizations Filed Purposes: 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.

ASSISTED THE LAKE CHARLES HARBOR & TERMINAL DISTRICT BY OPERATION OF A SHORT-LINE RAILROAD, CAR SWITCHING, AND OTHER NEEDED RAILS SERVICES THROUGHOUT THE YEAR. THESE SERVICES HELPED TO REDUCED THE BURDENS OF LOCAL GOVERNMENT AND ALLEVIATED RAIL CONGESTION WITHIN THE CALCASIEU PARISH AREA. THE ORGANIZATION ASPIRES TO BETTER UTILIZE RAIL RESOURCES OF CALCASIEU PARISH, SO THAT INDIVIDUAL COMMUNITIES MAY REACH THEIR COMMERCIAL POTENTIAL.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Derek MidkiffEXECUTIVE DIRECTOR40$140,536
Ben BourgeoisSECRETARY1$0
Fred R GodwinTREASURER1$0
Kay C BarnettPRESIDENT1$0
Michael G EasonDIRECTOR1$0
Richert SelfDIRECTOR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202013169349300246_public.xml