Ringwood Borough Volunteer Fire Co No 1 Inc
- Assets
- $446.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ringwood, NJ
- Founding
- 01/2016
- Data as of
- 12/2023
- EIN
- 30-0870037
Organization Overview
Ringwood Borough Volunteer Fire Co No 1 Inc is located in Ringwood, NJ. The organization was established in 2016. 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. Ringwood Borough Volunteer Fire Co No 1 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 12/2023, Ringwood Borough Volunteer Fire Co No 1 Inc generated $115.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $87.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
VOLUNTEER FIRE FIGHTING AND SAFETY EDUCATION TO THECOMMUNITY. THERE IS NO PROGRAM SERVICE REVENUE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Diaz President | 10 | $0 | |
Brian Klingen Vice President | 5 | $0 | |
Michael Hafner Treasurer | 10 | $0 | |
Lou Schnibbe Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,909 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,646 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $41,164 |
| Other Revenue | $13,515 |
| Total Revenue | $115,234 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $27,018 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $60,078 |
| Total expenses | $87,096 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $235,609 |
| Other assets | $0 |
| Total assets | $446,259 |
| Total liabilities | $1,075 |
| Net assets or fund balances | $445,184 |