Valley Emergency Medical Services Inc
- Assets
- $1.2m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 70
- Location
- Seymour, CT
- Founding
- 11/1986
- Data as of
- 04/2024
- EIN
- 22-2483894
Organization Overview
Valley Emergency Medical Services Inc is located in Seymour, CT. The organization was established in 1986. 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, Valley Emergency Medical Services Inc employed 70 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Emergency Medical Services 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, Valley Emergency Medical Services Inc generated $2.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $2.4m during the year ending 04/2024. While expenses have increased by 2.7% per year over the past 8 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
TO PROVIDE FIRST RESPONDER PARAMEDIC SERVICE BETWEEN THE VALLEY TOWNS AND MEDICAL FACILITIES CONVENIENT TO THE VALLEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMERGENCY MEDICAL SERVICES ARE PROVIDED TO THE CONNNECTICUT TOWNS OF ANSONIA, DERBY, MONROE, OXFORD, SEYMOUR AND SHELTON
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Frederick Browne Vice President | OfficerTrustee | 2 | $0 |
Jared Heon President | OfficerTrustee | 5 | $0 |
Joseph Burnett Board Member | Trustee | 0 | $0 |
William Scollin Treasurer | OfficerTrustee | 5 | $0 |
Brian Ryan Board Member | Trustee | 0 | $0 |
Thomas Lenart Board Member | Trustee | 0 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,261,074 |
| Investment income | $356 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $9,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,285,906 |
| 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. | $87,685 |
| Compensation of current officers, directors, key employees. | $87,685 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,625,378 |
| Pension plan accruals and contributions | $55,579 |
| Other employee benefits | $87,834 |
| Payroll taxes | $134,871 |
| 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 | $31,653 |
| Advertising and promotion | $0 |
| Office expenses | $708 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $26,806 |
| 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 | $95,750 |
| Insurance | $95,121 |
| All other expenses | $31,841 |
| Total functional expenses | $2,417,127 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $115,191 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $394,387 |
| 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 | $33,259 |
| Net Land, buildings, and equipment | $622,026 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,164,863 |
| Accounts payable and accrued expenses | $113,153 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $40,000 |
| Other liabilities | $0 |
| Total liabilities | $153,153 |
| Net assets without donor restrictions | $1,011,710 |
| 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 | $1,164,863 |