Somerville Engine Company I
- Assets
- $12.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Branchburg, NJ
- Founding
- 07/2001
- Data as of
- 12/2021
- EIN
- 22-3763791
Organization Overview
Somerville Engine Company I is located in Branchburg, NJ. The organization was established in 2001. According to its NTEE Classification (M24) the organization is classified as: Fire Prevention, 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. Somerville Engine Company I is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Somerville Engine Company I generated $3.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.8%) each year. All expenses for the organization totaled $5.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATIONS IS A VOLUNTEER FIRE COMPANY. ITS ONLY PROGRAM SERVICE IS TO PROTECT THE LIVES AND PROPERTY OF THE RESIDENTS OF THE BOROUGH OF SOMERVILEE FROM LOSS OR DESTRUCTION BY FIRE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Bowden President | 10 | $0 | |
John J Zalewski Vice President | 10 | $0 | |
Tom Mitchell Secretary | 10 | $0 | |
Howard Condo Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,410 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3 |
| Total Revenue | $3,413 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $250 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,421 |
| Total expenses | $5,671 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,713 |
| Other assets | $0 |
| Total assets | $12,713 |
| Total liabilities | $0 |
| Net assets or fund balances | $12,713 |
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