Lake Township Volunteer Fire Department Inc
- Assets
- $142.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Village, IN
- Founding
- 07/1979
- Data as of
- 12/2023
- EIN
- 31-0945569
Organization Overview
Lake Township Volunteer Fire Department Inc is located in Lake Village, IN. The organization was established in 1979. 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. Lake Township 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 12/2023, Lake Township Volunteer Fire Department Inc generated $90.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $40.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (14.3%) per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE EMERGENCY MEDICAL & FIRE RESCUE & RESPONSE TO THE RESIDENTS OF LAKE TWNSHP-SCHNEIDER-W CREEK-CEDAR CREEK/MUTUAL AID TO SURROUNDING TOWNSHIPS/COMMUNITIES AS NEEDED TO RAISE FUNDS FOR CONSTRUCTIONOF NEW FIRE HOUSE & MEDICAL EQUPT. EDUCATIONAL VISITS FOR FIRE SAFTY & TRAINING OF VOLUNTEERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allan Corning Fire Chief | 54 | $0 | |
Jammie Little Asst Fire Chief | 40 | $0 | |
Daniel Gibbons Treasurer | 45 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,098 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $20,816 |
| Other Revenue | $15 |
| Total Revenue | $90,929 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,746 |
| Professional fees and other payments to independent contractors | $407 |
| Occupancy, rent, utilities, and maintenance | $1,100 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $33,212 |
| Total expenses | $40,465 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $110,604 |
| Other assets | $0 |
| Total assets | $142,587 |
| Total liabilities | $0 |
| Net assets or fund balances | $142,587 |