Bridgewater Vol Fire Co Inc
- Assets
- $2.3m
- Revenue
- $401.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Bridgewater, VA
- Founding
- 04/1950
- Data as of
- 12/2021
- EIN
- 54-6053426
Organization Overview
Bridgewater Vol Fire Co Inc is located in Bridgewater, VA. The organization was established in 1950. 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. Bridgewater Vol Fire Co 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 12/2021, Bridgewater Vol Fire Co Inc generated $401.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $252.6k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FIRE PROTECTION AND SAFETY TO LOCAL RESIDENCES AND BUSINESSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FIRE PROTECTION TO LOCAL RESIDENCES AND BUSINESSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John E Beery President | Officer | 10 | $0 |
Karen Grady 1st V-Pres. | Officer | 10 | $0 |
Vickie W Craun Secretary | Officer | 10 | $0 |
Anthony Beery Treasurer | Officer | 10 | $0 |
Shawn Rhodes 2nd V-Pres. | Officer | 10 | $0 |
Stanley Rohrer Board Member | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $171,592 |
| All other contributions, gifts, grants, and similar amounts not included above | $110,617 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $282,209 |
| Total Program Service Revenue | $250 |
| Investment income | $2,307 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $116,933 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $401,919 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| 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 | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $39,059 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $24,916 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $89,036 |
| Insurance | $0 |
| All other expenses | $22,430 |
| Total functional expenses | $252,609 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $173,166 |
| Savings and temporary cash investments | $326,419 |
| 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 |
| Net Land, buildings, and equipment | $1,782,249 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,281,834 |
| Accounts payable and accrued expenses | $3,723 |
| Grants payable | $0 |
| Deferred revenue | $42,413 |
| 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 | $214,424 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $260,560 |
| Net assets without donor restrictions | $2,021,274 |
| 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 | $2,281,834 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bridgewater Vol Fire Co Inc has recieved totaling $6,750.
| Awarding Organization | Amount |
|---|---|
The Community Foundation Of Harrisonburg And Rockingham County Harrisonburg, VA PURPOSE: CIVIC | $6,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pender Ems And Fire Inc Burgaw, NC | $19,524,688 | $14,920,877 |
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 |
Garner Volunteer Fire-Rescue Inc Garner, NC | $6,394,549 | $8,127,398 |
Skyland Fire And Rescue Corporation Skyland, NC | $15,076,970 | $10,092,495 |
National Fire Sprinkler Industry Promotion Fund Linthicum Heights, MD | $14,612,494 | $9,027,679 |
North Chatham Volunteer Fire Department Inc Pittsboro, NC | $11,817,166 | $6,905,959 |
National Fire Sprinkler Association Inc Linthicum Heights, MD | $8,710,871 | $6,765,849 |
National Fallen Firefighters Foundation Emmitsburg, MD | $13,063,869 | $5,837,501 |
Pinecroft Sedgefield Fire District Inc Greensboro, NC | $6,483,293 | $4,321,110 |
Huntersville Fire Department Inc Huntersville, NC | $8,312,506 | $5,482,903 |
Mills River Volunteer Fire Department Inc Mills River, NC | $14,441,453 | $2,283,937 |