Lucia River-Bend Volunteer Fire Department Inc
- Assets
- $725.3k
- Revenue
- $545.2k
- Investments
- $0.0
- Employees
- 12
- Location
- Mount Holly, NC
- Founding
- 11/2018
- Data as of
- 06/2024
- EIN
- 56-1408914
Organization Overview
Lucia River-Bend Volunteer Fire Department Inc is located in Mount Holly, NC. The organization was established in 2018. According to its NTEE Classification (M20) the organization is classified as: Disaster Preparedness & Relief Services, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. As of 06/2024, Lucia River-Bend Volunteer Fire Department Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lucia River-Bend Volunteer Fire Department 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 06/2024, Lucia River-Bend Volunteer Fire Department Inc generated $545.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $580.9k during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FIRE SUPPRESSION, RESCUE & EMERGENCY & TO PROVIDE PROTECTION OF PERSONS AND PROPERTY FROM INJURY, LOSS, DAMAGE & DESTRUCTION BY FIRE AND OTHER EMERGENCIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
FIRE PROTECTION SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Hoover Board Chairman | Officer | 1 | $0 |
Chad Belcher Vice Chairman | Officer | 5 | $0 |
Mack Wilson Director | Trustee | 1 | $0 |
Wayne Beatty Director | Trustee | 1 | $0 |
David Toomey Fire Chief | Officer | 40 | $75,074 |
Christina Mcmahon Secretary/treasurer | Officer | 1 | $3,788 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $6,752 |
| Related organizations | $0 |
| Government grants | $51,988 |
| All other contributions, gifts, grants, and similar amounts not included above | $480,792 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $539,532 |
| Total Program Service Revenue | $0 |
| Investment income | $5,698 |
| 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 | $545,230 |
| 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. | $78,862 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $189,218 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $360 |
| Other employee benefits | $49,767 |
| Payroll taxes | $19,634 |
| Fees for services: Management | $2,600 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,880 |
| 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 | $2,717 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,771 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,096 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $69,430 |
| Insurance | $23,631 |
| All other expenses | $46,669 |
| Total functional expenses | $580,879 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $135,301 |
| Savings and temporary cash investments | $212,851 |
| Pledges and grants receivable | $36,356 |
| 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 | $340,778 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $725,286 |
| Accounts payable and accrued expenses | $5,614 |
| 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 | $45,382 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $50,996 |
| Net assets without donor restrictions | $674,290 |
| 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 | $725,286 |