Swan Quarter Volunteer Fire Department Inc is located in Swan Quarter, NC. The organization was established in 1972. 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. Swan Quarter Volunteer Fire Department Inc 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 12/2022, Swan Quarter Volunteer Fire Department Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 37.3% each year . All expenses for the organization totaled $137.7k during the year ending 12/2022. While expenses have increased by 4.4% 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
VOLUNTEER FIRE DEPARTMENT IN RURAL AREA
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESPONDED TO APPROXIMATELY 170 CALLS DURING 2022. OBTAINED GRANTS AND USDA LOAN FOR CONTRUCTION OF NEW SUB STATION WHICH EXTENDED SWAN QUARTER FIRE DISTRICT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeffrey Stotesberry Fire Chief | Officer | 6 | $0 |
Kevin Simpson Secretary | Officer | 1 | $0 |
Jennifer Stotesberry Treasurer | Officer | 4 | $0 |
Henry Williams President | Officer | 3 | $0 |
Carl Pugh Vice President | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $31,020 |
Related organizations | $0 |
Government grants | $997,580 |
All other contributions, gifts, grants, and similar amounts not included above | $16,806 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,045,406 |
Total Program Service Revenue | $19,790 |
Investment income | $5 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$15,499 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,089,479 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $8,812 |
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 | $1,179 |
Advertising and promotion | $3,409 |
Office expenses | $2,369 |
Information technology | $1,764 |
Royalties | $0 |
Occupancy | $17,894 |
Travel | $2,364 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $17,286 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $47,423 |
Insurance | $19,873 |
All other expenses | $0 |
Total functional expenses | $137,739 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $127,445 |
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 | $1,626,956 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,754,401 |
Accounts payable and accrued expenses | $1,612 |
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 | $721,780 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $723,392 |
Net assets without donor restrictions | $0 |
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 | $1,031,009 |
Total liabilities and net assets/fund balances | $1,754,401 |