Silk Hope Volunteer Fire Department Inc

Organization Overview

Silk Hope Volunteer Fire Department Inc is located in Siler City, NC. The organization was established in 1986. 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. Silk Hope 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 06/2023, Silk Hope Volunteer Fire Department Inc generated $705.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $392.6k during the year ending 06/2023. While expenses have increased by 6.2% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

PROTECTION AND PRESERVATION OF LIFE AND PROPERTY AGAINST INJURY AND DESTRUCTION BY FIRE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROTECTION AND PRESERVATION OF LIFE AND PROPERTY AGAINST INJURY AND DESTRUCTION BY FIRE.


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Board, Officers & Key Employees

Name (title)Compensation
Mark Gaines
Chief
$26,400
Johnnie D Hinsley III
Treasurer
$21,383
Jerry Barlow
Secretary
$0
Will Cooper
Asst. Publicity
$0
Sonny Dixon
Publicity
$0
Ron Elkins
Vice President
$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$36,427
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$36,427
Total Program Service Revenue$644,222
Investment income $8,119
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $400
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $15,157
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $705,044

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