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 12/2023, Old Forge Volunteer Ambulance Corps Inc generated $765.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $467.8k during the year ending 12/2023. While expenses have increased by 4.2% per year over the past 5 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 AMBULANCE SERVICES FOR THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ACCOMPLISHMENTS ARE SIMPLE. WE ARE ABLE TO PROVIDE AMBULANCE SERVICES TO THE PEOPLE WITHIN OUR AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gary Staab President | Officer | 6 | $0 |
Dawn Schweinsburg Vice President | Officer | 4 | $0 |
Jennifer Dunn Secretary | Officer | 6 | $0 |
Patrick Russell Treasurer | Officer | 10 | $0 |
Tory Dunn Board Member | Trustee | 2 | $0 |
Richard Risley Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $139,675 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $33,782 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $173,457 |
Total Program Service Revenue | $541,608 |
Investment income | $12,977 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $16,632 |
Net Gain/Loss on Asset Sales | $14,347 |
Net Income from Fundraising Events | $6,110 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $765,131 |
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 | $1,850 |
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 | $4,198 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $4,759 |
Information technology | $2,012 |
Royalties | $0 |
Occupancy | $16,092 |
Travel | $60 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $5,316 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $6,056 |
Total functional expenses | $467,836 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $699,073 |
Savings and temporary cash investments | $30,040 |
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 | $593,484 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,322,597 |
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 | $105,725 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $105,725 |
Net assets without donor restrictions | $1,216,872 |
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 | $1,322,597 |