Philadelphia Steam Fire Engine Co No 1 Of The Borough Of Pottstown is located in Pottstown, PA. The organization was established in 2018. 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. As of 12/2022, Philadelphia Steam Fire Engine Co No 1 Of The Borough Of Pottstown employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philadelphia Steam Fire Engine Co No 1 Of The Borough Of Pottstown 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, Philadelphia Steam Fire Engine Co No 1 Of The Borough Of Pottstown generated $486.9k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $345.3k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (7.6%) per year over the past 4 years. 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
TO PROVIDE FIRE AND RESCUE SERVICES IN THE BOROUGH OF POTTSTOWN, MONTGOMERY COUNTY, PA. THE ENTITY ALSO HAS A SOCIAL ROOM THAT IS NOT OPEN TO THE GENERAL PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FIRE PROTECTION & RESCUE SERVICES FOR THE BOROUGH OF POTTSTOWN.
TO PROVIDE A PLACE FOR MEMBERS TO UNWIND AND SOCIALIZE. THIS IS A MEMBERS ONLY ESTABLISHMENT AND IS NOT OPEN TO THE GENERAL PUBLIC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dan Antrim Trustee | Trustee | 10 | $0 |
Evan Gable Trustee | Trustee | 10 | $0 |
Joe Groff Chief | OfficerTrustee | 40 | $0 |
Courtney Gunn Vice Preside | OfficerTrustee | 10 | $0 |
Kenny Medvetz Secretary | OfficerTrustee | 10 | $0 |
Elias Scipio Captain | OfficerTrustee | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $259,216 |
All other contributions, gifts, grants, and similar amounts not included above | $4,027 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $263,243 |
Total Program Service Revenue | $57,375 |
Investment income | $26,123 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$3,330 |
Net Income from Gaming Activities | $142,269 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $486,898 |
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 | $138,362 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $59,217 |
Payroll taxes | $10,815 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,400 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,007 |
Advertising and promotion | $0 |
Office expenses | $5,366 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $21,204 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $2,133 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $28,574 |
All other expenses | $9,615 |
Total functional expenses | $345,283 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $168,765 |
Savings and temporary cash investments | $32,603 |
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 | $399,603 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $600,971 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $22,646 |
Total liabilities | $22,646 |
Net assets without donor restrictions | $578,325 |
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 | $600,971 |