Richwood Volunteer Fire Department Inc
- Assets
- $190.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Richwood, WV
- Founding
- 08/1976
- Data as of
- 12/2022
- EIN
- 31-0889372
Organization Overview
Richwood Volunteer Fire Department Inc is located in Richwood, WV. The organization was established in 1976. 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. Richwood Volunteer Fire Department 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, Richwood Volunteer Fire Department Inc generated $127.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $141.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.0%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROTECT LIVES, PROPERTY, AND THE ENVIRONMENT AGAINST HAZARDS, NATURAL AND MANMADE. THIS IS ACHIEVED BY IDENTIFYING AND PREPARING FOR THE NEEDS OF THE COMMUNITY, COST-EFFECTIVE ALLOCATION OF RESOURCES, AND PROMOTING COOPERATIVE RELATIONSHIPS. EXCELLENCE IN TRAINING AND EDUCATION IS UTILIZED TO CREATE A DEDICATED VOLUNTEER AND PROFESSIONAL WORKFORCE THROUGH PRUDENT FISCAL MANAGEMENT. THESE ATTRIBUTES WORK TOGETHER TO PROVIDE A HIGH LEVEL OF FIRE PREVENTION, FIRE SUPPRESSION, RESCUE, EMERGENCY MEDICAL CARE, AND RELATED SERVICES TO ALL THE CITIZENS, BUSINESSES AND VISITORS, AND PROVIDE MUTUAL AID AS AVAILABLE TO SURROUNDING FIRE DISTRICTS THROUGH CONTINUOUS IMPROVEMENT, TIMELY RISK ASSESSMENT, PROFESSIONAL DEVELOPMENT, ROBUST TRAINING AND DEDICATION TO THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3
PROVIDE FIRE AND EMERGENCY SERVICES TO TOWN OF RICHWOOD WV,AND SURROUNDING AREA SERVING OVER 5,000 PEOPLE
PROVIDE PUBLIC EDUCATION TO RICHWOOD WV, RESIDENTS TO BE PROACTIVE IN FIRE PREVENTION.
PROVIDE CONTINUAL EDUCATION AND TRAINING TO RICHWOOD VOLUNTEER FIREFIGHTERS SO THEY CAN PROVIDE THE BEST PROTECTION TO THE RESIDENTS AND VISITORS OF RICHWOOD, WV AND SURROUNDING AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tommy Coleman Chief | 0 | $0 | |
Jimmy Gladwell Vice President | 0 | $0 | |
Pat Facemire Secretary | 0 | $0 | |
Jackie Tinney Treasurer | 0 | $0 | |
Mike Spencer President | 0 | $0 | |
Britt Nicholas Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $87,249 |
| Total Program Service Revenue | $37,121 |
| Membership dues | $0 |
| Investment income | $3,460 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $127,830 |
| 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 | $3,460 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $137,951 |
| Total expenses | $141,411 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $113,514 |
| Other assets | $0 |
| Total assets | $190,909 |
| Total liabilities | $104,037 |
| Net assets or fund balances | $86,872 |