Newport Ambulance Service Inc
- Assets
- $3.6m
- Revenue
- $4.8m
- Investments
- $0.0
- Employees
- 85
- Location
- Newport, VT
- Founding
- 03/1967
- Data as of
- 12/2023
- EIN
- 03-6013234
Organization Overview
Newport Ambulance Service Inc is located in Newport, VT. The organization was established in 1967. According to its NTEE Classification (E62) the organization is classified as: Emergency Medical Services & Transport, under the broad grouping of Health Care and related organizations. As of 12/2023, Newport Ambulance Service Inc employed 85 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newport Ambulance Service Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Newport Ambulance Service Inc generated $4.8m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $4.6m during the year ending 12/2023. While expenses have increased by 10.6% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE EMERGENCY TRANSPORTATION TO CITIZENS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES EMERGENCY SERVICE TRANSPORTATION TO APPROXIMATELY 24,000 CITIZENS IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Johansen Executive Dir. | Trustee | 40 | $104,875 |
Charles Pronto President | OfficerTrustee | 5 | $6,000 |
J Patrick Sloan Treasurer | OfficerTrustee | 5 | $6,000 |
Sue Barrup Secretary | OfficerTrustee | 1 | $3,000 |
Scott Griswold Vice President | OfficerTrustee | 1 | $3,000 |
Judy Poirier Clerk | OfficerTrustee | 1 | $3,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $11,875 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,425 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,300 |
| Total Program Service Revenue | $4,809,584 |
| Investment income | $1,326 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$29,293 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,797,917 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $125,875 |
| Compensation of current officers, directors, key employees. | $21,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,646,421 |
| Pension plan accruals and contributions | $109,497 |
| Other employee benefits | $216,180 |
| Payroll taxes | $216,468 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,269 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $110,027 |
| Advertising and promotion | $1,052 |
| Office expenses | $30,034 |
| Information technology | $23,786 |
| Royalties | $0 |
| Occupancy | $56,338 |
| Travel | $7,638 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $30,825 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $246,328 |
| Insurance | $230,302 |
| All other expenses | $212,340 |
| Total functional expenses | $4,628,027 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $356,282 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,104,292 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,103,057 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2 |
| Total assets | $3,563,633 |
| Accounts payable and accrued expenses | $37,474 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $671,845 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $709,319 |
| Net assets without donor restrictions | $2,854,314 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,563,633 |