Haverford Township Volunteer Firemens Relief Association
- Assets
- $1.8m
- Revenue
- $475.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Havertown, PA
- Founding
- 05/2005
- Data as of
- 12/2023
- EIN
- 23-6245781
Organization Overview
Haverford Township Volunteer Firemens Relief Association is located in Havertown, PA. The organization was established in 2005. 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. Haverford Township Volunteer Firemens Relief Association 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 12/2023, Haverford Township Volunteer Firemens Relief Association generated $475.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $488.8k during the year ending 12/2023. 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
TO ACCUMULATE AND ADMINISTRATE A FUND FOR THE RELIEF OF PERSONS INJURED OR INCAPACITATED IN THE PERFORMANCE OF THEIR DUTIES AS A VOLUNTEER FIREFIGHTER IN HAVERFORD TOWNSHIP, PA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PAYMENT OF INSURANCE PREMIUMS FOR VOLUNTEER FIREFIGHTERS IN ADDITION - DEATH BENEFITS TO FAMILIES OF VOLUNTEER FIREFIGHTERS
ADMINISTRATIVE AND OTHER EXPENSES NECESSARY TO SERVE THE MISSION
MAINTENANCE OF SAFETY RELATED EQUIPMENT FOR LOCAL FIRE COMPANIES THAT ARE STAFFED WITH VOLUNTEER FIREFIGHTERS
VOLUNTEER FIREFIGHTER TRAINING AND FIRE PROTECTION EXPENSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louis E Verzella CPA Treasurer | OfficerTrustee | 5 | $4,000 |
Andrew Sivak Secretary | Officer | 5 | $4,000 |
Robert V Mcgoldrick President | Officer | 3 | $0 |
Michael C Norman Board Member | Officer | 3 | $0 |
William J Stapleton Sr Vice Preside | Officer | 3 | $0 |
Mark V Trottnow Board Member | Officer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $404,373 |
| 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 | $404,373 |
| Total Program Service Revenue | $0 |
| Investment income | $46,459 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $24,385 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $475,217 |
| 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 | $338,270 |
| 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 | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $46,530 |
| Insurance | $0 |
| All other expenses | $196 |
| Total functional expenses | $488,763 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $922,027 |
| 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 | $267,814 |
| Investments—publicly traded securities | $579,116 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,768,957 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,668,732 |
| Net assets with donor restrictions | $100,225 |
| 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 | $1,768,957 |