Cornwells Fire Company-1

Organization Overview

Cornwells Fire Company-1 is located in Bensalem, PA. The organization was established in 2014. 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. Cornwells Fire Company-1 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 12/2023, Cornwells Fire Company-1 generated $496.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 18.0% each year . All expenses for the organization totaled $511.7k during the year ending 12/2023. While expenses have increased by 10.5% per year over the past 5 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

VOLUNTEER FIREFIGHTING

Describe the Organization's Program Activity:

Part 3 - Line 4a

VOLUNTEER ORGANIZATION OF FIREMEN PROVIDING FIRE PROTECTIONAND RESCUE SERVICES TO BENSALEM TOWNSHIP.


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Board, Officers & Key Employees

Name (title)Compensation
Bill James
Trustee
$0
Steve Weiss
Trustee
$0
Jim Bolinski Sr
Trustee
$0
Brian Sweeney
Trustee
$0
Erica Vancheri
Trustee
$0
Scott Rhoads
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $384,929
All other contributions, gifts, grants, and similar amounts not included above$5,033
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$389,962
Total Program Service Revenue$0
Investment income $36,526
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $49,917
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $9,050
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $496,595

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