Prince Edward Volunteer Rescue Squad Inc
- Assets
- $2.1m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 32
- Location
- Farmville, VA
- Founding
- 04/1969
- Data as of
- 12/2022
- EIN
- 23-7013291
Organization Overview
Prince Edward Volunteer Rescue Squad Inc is located in Farmville, VA. The organization was established in 1969. 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 12/2022, Prince Edward Volunteer Rescue Squad Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prince Edward Volunteer Rescue Squad 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 12/2022, Prince Edward Volunteer Rescue Squad Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. While expenses have increased by 5.6% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PRINCE EDWARD VOLUNTEER RESCUE SQUAD IS AN ORGANIZATION DEDICATED TO PROVIDING THE CITIZENS OF PRINCE EDWARD COUNTY WITH EXCEPTIONAL EMERGENCY MEDICAL SERVICES AT A MOMENTS NOTICE. AT THE HEART OF THE ORGANIZATION ARE ITS MEMBERS WHO ARE REPRESENTATIVE OF THE DIVERSE POPULATION IN WHICH IT SERVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRINCE EDWARD VOLUNTEER RESCUE SQUAD PROVIDES EMERGENCY MEDICAL SERVICES TO THE CITIZENS OF PRINCE EDWARD COUNTY AND THE SURROUNDING COMMUNITIES, INCLUDING TWO COLLEGE CAMPUSES. THE ORGANIZATION IS OPERATED AND MANAGED BY VOLUNTEER CREW MEMBERS, CONSISTING OF EMT PERSONNEL, CERTIFIED AND QUALIFIED AS CARDIAC TECHNICIANS AND PARAMEDICS. THE ORGANIZATION OPERATES VARIOUS TYPES OF RESCUE AND QUICK RESPONSE VEHICLES TO RESPOND TO CALLS. THE ORGANIZATION RECEIVES OPERATING FUNDS THROUGH ITS SQUAD CARE MEMBERSHIP, HEALTH INSURANCE REIMBURSEMENTS, PRIVATE PAY,AND COMMUNITY AND GOVERNMENT DONATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deanna Jones Executive Di | Trustee | 40 | $77,202 |
Carol Broadwater President | Officer | 10 | $0 |
Richard Broadwater Vice Preside | Officer | 10 | $0 |
Tommy Hertzler Treasurer | Officer | 10 | $0 |
Mia Ragland Secretary | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $137,198 |
| All other contributions, gifts, grants, and similar amounts not included above | $92,379 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $229,577 |
| Total Program Service Revenue | $778,418 |
| Investment income | $8,838 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $60,067 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,088,153 |
| 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. | $77,202 |
| Compensation of current officers, directors, key employees. | $77,202 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $561,297 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $74,522 |
| Payroll taxes | $49,977 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,376 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,714 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,204 |
| Office expenses | $2,735 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $35,976 |
| 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 | $188,967 |
| Insurance | $64,358 |
| All other expenses | $34,090 |
| Total functional expenses | $1,268,349 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $174,958 |
| Savings and temporary cash investments | $205,932 |
| 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 | $1,460,528 |
| Investments—publicly traded securities | $299,178 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $258 |
| Total assets | $2,140,854 |
| 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 | $238,950 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,642 |
| Total liabilities | $247,592 |
| Net assets without donor restrictions | $1,893,262 |
| 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 | $2,140,854 |