Old Forge Volunteer Ambulance Corps Inc
- Assets
- $1.2m
- Revenue
- $658.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Old Forge, NY
- Founding
- 01/2007
- Data as of
- 12/2021
- EIN
- 20-5680571
Organization Overview
Old Forge Volunteer Ambulance Corps Inc is located in Old Forge, NY. The organization was established in 2007. According to its NTEE Classification (M41) the organization is classified as: First Aid, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Old Forge Volunteer Ambulance Corps 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 12/2021, Old Forge Volunteer Ambulance Corps Inc generated $658.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.1% each year . All expenses for the organization totaled $590.7k during the year ending 12/2021. While expenses have increased by 17.3% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AMBULANCE SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE AMBULANCE SERVICES AND RECRUITMENT AND RETENTION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Russell Treasurer | Officer | 6 | $0 |
Jennifer Dunn Secretary | Officer | 6 | $0 |
Richard Mathy Vice President | Officer | 3 | $0 |
Deborah Russell President | Officer | 5 | $0 |
Robert Hipkens Director | Trustee | 2 | $0 |
Richard Risley Director | Trustee | 2 | $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 | $146,791 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $146,791 |
| Total Program Service Revenue | $473,229 |
| Investment income | $30,356 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,072 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,513 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $658,082 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $300 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $8,362 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,174 |
| Office expenses | $20,236 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $43,720 |
| Travel | $3,177 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $9,062 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,021 |
| All other expenses | $770 |
| Total functional expenses | $590,659 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $385,551 |
| Savings and temporary cash investments | $77,819 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $717,471 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,180,841 |
| Accounts payable and accrued expenses | $0 |
| 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 | $444,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $444,000 |
| Net assets without donor restrictions | $736,841 |
| 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 | $1,180,841 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Old Forge Volunteer Ambulance Corps Inc has recieved totaling $21,719.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Herkimer And Oneida Counties Inc Utica, NY PURPOSE: GENERAL SUPPORT | $20,019 |
Gaudin Family Foundation Fort Worth, TX PURPOSE: GENERAL SUPPORT | $1,000 |
Catharine C Reiley Charitable Foundation Inc Marco Island, FL PURPOSE: TO HELP FUNDING OPERATING COSTS | $500 |
Fred J Rosenau Foundation Jenkintown, PA PURPOSE: GENERAL/NO RESTRICTIONS | $200 |
Robin Smith Charitable Trust Tequesta, FL PURPOSE: TO AID DONEE ORGANIZATIONS IN CARRYING OUT THEIR EXEMPT FUNCTION | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hatzolah Of Williamsburg Inc Brooklyn, NY | $9,852,607 | $3,367,121 |
Quality Emergency Medical Services Inc Mars, PA | $2,028,616 | $1,674,972 |
Whiting Volunteer First Aid Squad Inc Whiting, NJ | $0 | $339,865 |
Burholme First Aid Corps Philadelphia, PA | $1,625,119 | $1,198,264 |
Maine Emergency Squad Inc Maine, NY | $1,519,473 | $1,673,837 |
Moorestown First Aid And Emergency Squad Inc Moorestown, NJ | $1,225,741 | $1,208,125 |
Volunteer Ambulance Corps Of Bath New York Inc Bath, NY | $2,196,832 | $837,531 |
Manorville Community Ambulance Inc Manorville, NY | $1,781,195 | $1,121,174 |
Springfield First Aid Squad Inc Springfield, NJ | $916,393 | $788,471 |
Four Town First Aid Squad Inc Moravia, NY | $1,602,528 | $747,183 |
Rahway First Aid Emergency Squad Rahway, NJ | $426,721 | $658,834 |
Old Forge Volunteer Ambulance Corps Inc Old Forge, NY | $1,180,841 | $658,082 |