Suffield Volunteer Ambulance Association Inc
- Assets
- $6.5m
- Revenue
- $1.7m
- Investments
- $2.7m
- Employees
- 25
- Location
- Suffield, CT
- Founding
- 10/1980
- Data as of
- 04/2024
- EIN
- 06-0947163
Organization Overview
Suffield Volunteer Ambulance Association Inc is located in Suffield, CT. The organization was established in 1980. 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 04/2024, Suffield Volunteer Ambulance Association Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Suffield Volunteer Ambulance Association 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 04/2024, Suffield Volunteer Ambulance Association Inc generated $1.7m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $1.6m during the year ending 04/2024. While expenses have increased by 6.8% 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
VOLUNTEER AMBULANCE SERVICE SERVING SUFFIELD CT AND IMMEDIATELY SURROUNDING TOWNS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE AMBULANCE TRANSPORTATION AND EMERGENCY MEDICAL SERVICES TO THE RESIDENTS OF SUFFIELD AND NEIGHBORING COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russ Sweeny Director | Trustee | 2 | $0 |
Jennifer Michalman Secretary | OfficerTrustee | 4 | $0 |
Justin Pedneault Director | Trustee | 2 | $0 |
Jack Muska Director | Trustee | 3 | $0 |
Donald Miner Director | Trustee | 2 | $0 |
Barbara Daley Treasurer | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $239,975 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $239,975 |
| Total Program Service Revenue | $1,161,648 |
| Investment income | $81,143 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $223,382 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,727,099 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $339,668 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $29,732 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,590 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $33,693 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $84,136 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $25,249 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $245,453 |
| Insurance | $72,460 |
| All other expenses | $242,461 |
| Total functional expenses | $1,555,588 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,245,173 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $289,410 |
| 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 | $20,272 |
| Net Land, buildings, and equipment | $2,272,692 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,661,279 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,567 |
| Total assets | $6,491,393 |
| Accounts payable and accrued expenses | $71,401 |
| 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 | $9,130 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,567 |
| Total liabilities | $83,098 |
| Net assets without donor restrictions | $6,408,295 |
| 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 | $6,491,393 |