Corunna Area Ambulance Service Inc
- Assets
- $857.7k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 25
- Location
- Corunna, MI
- Founding
- 08/1978
- Data as of
- 05/2022
- EIN
- 51-0161005
Organization Overview
Corunna Area Ambulance Service Inc is located in Corunna, MI. The organization was established in 1978. 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 05/2022, Corunna Area Ambulance Service Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corunna Area Ambulance Service 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 05/2022, Corunna Area Ambulance Service Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $1.1m during the year ending 05/2022. While expenses have increased by 6.5% per year over the past 7 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
PROVIDE EMERGENCY AMBULANCE SERVICES TO THE SURROUNDING COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE EMERGENCY AMBULANCE SERVICES FOR MID-COUNTY POPULATION OF APPROXIMATELY 10,000 PEOPLE THROUGH 1,882 AMBULANCE RUNS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Carr Vice-Preside | Officer | 1 | $0 |
Geraldine Hagadon President | Officer | 1 | $0 |
Marilyn Owen Recording Se | Officer | 1 | $0 |
Ron Spicer Secretary/tr | Officer | 1 | $0 |
Sheryl Frazier Board Member | Trustee | 1 | $0 |
John Lawson City Of Coru | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,270,402 |
| Investment income | $7 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,270,409 |
| 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 | $664,653 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $62,129 |
| Payroll taxes | $51,390 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $268 |
| Office expenses | $469 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,092 |
| Travel | $1,910 |
| 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 | $57,107 |
| Insurance | $58,334 |
| All other expenses | $27,445 |
| Total functional expenses | $1,132,193 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,073 |
| Savings and temporary cash investments | $232,423 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $173,003 |
| 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 | $415,101 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $50 |
| Total assets | $857,650 |
| Accounts payable and accrued expenses | $23,016 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $170,006 |
| Other liabilities | $0 |
| Total liabilities | $193,022 |
| Net assets without donor restrictions | $664,628 |
| 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 | $857,650 |
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| Organization Name | Assets | Revenue |
|---|---|---|
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Gold Cross Ambulance Service Inc Menasha, WI | $14,394,506 | $15,179,189 |
Lifecare Ambulance Ann Arbor, MI | $10,682,817 | $11,685,228 |
Community Emergency Service Benton Harbor, MI | $5,513,829 | $12,575,137 |
North Flight Aero Med Grand Rapids, MI | $16,988,926 | $9,587,543 |
Community Ambulance Service Zanesville, OH | $6,559,824 | $6,872,731 |
Tri-State Ambulance Inc La Crosse, WI | $6,779,441 | $7,643,517 |
West Michigan Air Care Inc Kalamazoo, MI | $1,284,463 | $6,044,649 |
Alliance Mobile Health Inc Saginaw, MI | $3,457,119 | $5,816,689 |
Rockford Ambulance Inc Rockford, MI | $4,492,625 | $6,168,146 |
Fisher-Titus Affiliated Services Norwalk, OH | $1,560,174 | $4,662,550 |
Vbems Inc Kalamazoo, MI | $8,436,182 | $5,261,042 |