Bel Air Volunteer Fire Company Inc is located in Bel Air, MD. The organization was established in 1987. 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. As of 06/2022, Bel Air Volunteer Fire Company Inc employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bel Air Volunteer Fire Company 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 06/2022, Bel Air Volunteer Fire Company Inc generated $7.7m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $4.0m during the year ending 06/2022. 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
FIRE FIGHTING AN EMERGENCY RESCUE
Describe the Organization's Program Activity:
Part 3 - Line 4a
FIRE SUPPRESSION AND EMERGENCY SERVICES PROVIDED TO THE AREAS SURROUNDING BEL AIR AND FOREST HILL, MD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph Rutherford President | OfficerTrustee | 30 | $0 |
Bill Wynne Vice Preside | OfficerTrustee | 20 | $0 |
Todd Mckinney Secretary | OfficerTrustee | 13 | $0 |
David Winchester Tresurer | OfficerTrustee | 30 | $0 |
Eric Larson Director | Trustee | 8 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,733,895 |
All other contributions, gifts, grants, and similar amounts not included above | $865,603 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,599,498 |
Total Program Service Revenue | $1,578,060 |
Investment income | $451,096 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $3,101,426 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $7,736,275 |
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 | $1,214,282 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $109,711 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $21,600 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
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 | $6,458 |
Depreciation, depletion, and amortization | $971,261 |
Insurance | $224,434 |
All other expenses | $456,038 |
Total functional expenses | $3,960,311 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,114,105 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $579,330 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $5,771 |
Prepaid expenses and deferred charges | $93,683 |
Net Land, buildings, and equipment | $3,859,290 |
Investments—publicly traded securities | $29,243,601 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $35,895,780 |
Accounts payable and accrued expenses | $62,709 |
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 | $0 |
Other liabilities | $0 |
Total liabilities | $62,709 |
Net assets without donor restrictions | $35,833,071 |
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 | $35,895,780 |