Holmdel First Aid Squad Inc
- Assets
- $534.3k
- Revenue
- $263.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Holmdel, NJ
- Founding
- 09/1970
- Data as of
- 12/2020
- EIN
- 22-1898692
Organization Overview
Holmdel First Aid Squad Inc is located in Holmdel, NJ. The organization was established in 1970. 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. Holmdel First Aid Squad 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 12/2020, Holmdel First Aid Squad Inc generated $263.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $200.1k during the year ending 12/2020. While expenses have increased by 11.7% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
FIRST AID / AMBULANCE
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOLMDEL TWP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angelo Derosa Treasurer | Officer | 40 | $0 |
Mike Nikolis President | Officer | 10 | $0 |
Steve Wolkowitz VP | Officer | 10 | $0 |
Jennifer Miller Secretary | Officer | 10 | $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 | $263,567 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $263,567 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $263,567 |
| 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 | $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 | $2,500 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,929 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,752 |
| Travel | $0 |
| 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 | $37,770 |
| Insurance | $0 |
| All other expenses | $145,105 |
| Total functional expenses | $200,056 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $127,851 |
| Savings and temporary cash investments | $0 |
| 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 | $406,453 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $534,304 |
| Accounts payable and accrued expenses | $1,622 |
| 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 | $62,446 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $64,068 |
| Net assets without donor restrictions | $470,236 |
| 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 | $534,304 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Holmdel First Aid Squad Inc has recieved totaling $343.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $343 |
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 |