Taneytown Volunteer Fire Company No 1 Incorporated
- Assets
- $2.6m
- Revenue
- $1.1m
- Investments
- $118.7k
- Employees
- 35
- Location
- Taneytown, MD
- Founding
- 10/1974
- Data as of
- 06/2021
- EIN
- 52-6050518
Organization Overview
Taneytown Volunteer Fire Company No 1 Incorporated is located in Taneytown, MD. The organization was established in 1974. 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, Taneytown Volunteer Fire Company No 1 Incorporated employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Taneytown Volunteer Fire Company No 1 Incorporated 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 06/2021, Taneytown Volunteer Fire Company No 1 Incorporated generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $1.0m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE AMBULANCE AND FIRE PROTECTION SERVICES TO THE COMMUNITY AT LARGE. ALSO PROVIDE FIRE PREVENTION AND SAFETY SERVICES TO THE COMMUNITY AT LARGE.
Describe the Organization's Program Activity:
FIRE PREVENTION AND AMBULANCE.PROVIDE AMBULANCE AND FIRE PROTECTION SERVICES TO THE COMMUNITY AT LARGE.ALSO PROVIDE FIRE PREVENTION AND SAFETY SERVICES TO THE COMMUNITY AT LARGE.
FIRE PREVENTION AND AMBULANCE.PROVIDE AMBULANCE AND FIRE PROTECTION SERVICES TO THE COMMUNITY AT LARGE.ALSO PROVIDE FIRE PREVENTION AND SAFETY SERVICES TO THE COMMUNITY AT LARGE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James H Parker Treasurer | OfficerTrustee | 20 | $0 |
James Haines President | OfficerTrustee | 20 | $0 |
Donald Shoemaker Vice President | OfficerTrustee | 20 | $0 |
Samuel Perry Assistant Treasurer | Officer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $8,896 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $225 |
| 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 | $1,123,939 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $576,617 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $47,122 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,144 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $135 |
| Advertising and promotion | $0 |
| Office expenses | $5,089 |
| Information technology | $8,208 |
| Royalties | $0 |
| Occupancy | $62,334 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,951 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $174,855 |
| Insurance | $50,294 |
| All other expenses | $0 |
| Total functional expenses | $1,022,285 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $189,911 |
| Savings and temporary cash investments | $897,790 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $118,676 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,603,529 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $2,603,529 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Taneytown Volunteer Fire Company No 1 Incorporated has recieved totaling $741,521.
| Awarding Organization | Amount |
|---|---|
Carroll County Volunteer Emergency Service Association Inc Westminster, MD PURPOSE: Maintain Vol Fire Co | $741,521 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Carroll County Volunteer Emergency Service Association Inc Westminster, MD | $1,470,779 | $13,949,806 |
International Associationn Of Fire Chiefs Inc Chantilly, VA | $10,766,474 | $12,593,917 |
Lebanon Fire Department First Aid And Safety Patrol Lebanon, PA | $3,051,934 | $7,011,761 |
National Fire Sprinkler Industry Promotion Fund Linthicum Heights, MD | $14,612,494 | $9,027,679 |
National Fire Sprinkler Association Inc Linthicum Heights, MD | $8,710,871 | $6,765,849 |
Christiana Fire Company Christiana, DE | $14,091,551 | $5,152,567 |
National Fallen Firefighters Foundation Emmitsburg, MD | $13,063,869 | $5,837,501 |
Seiu District 1201 Health & Welfare Fund Local 1201 Health & Welfare Fund Philadelphia, PA | $0 | $4,907,634 |
Dale City Volunteer Fire Department Woodbridge, VA | $7,117,028 | $3,710,497 |
Bel Air Volunteer Fire Company Inc Bel Air, MD | $40,870,165 | $6,845,750 |
William M Singerly Steam Fire Elkton, MD | $16,184,680 | $4,351,064 |
Westminster Fire Engine And Hose Company No 1 Inc Westminster, MD | $7,274,184 | $3,523,670 |