Buncombe County Rescue Squad Inc
- Assets
- $954.4k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 49
- Location
- Asheville, NC
- Founding
- 10/1982
- Data as of
- 06/2022
- EIN
- 58-1416266
Organization Overview
Buncombe County Rescue Squad Inc is located in Asheville, NC. The organization was established in 1982. According to its NTEE Classification (E62) the organization is classified as: Emergency Medical Services & Transport, under the broad grouping of Health Care and related organizations. As of 06/2022, Buncombe County Rescue Squad Inc employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Buncombe County Rescue Squad 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, Buncombe County Rescue Squad Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $990.9k during the year ending 06/2022. While expenses have increased by 2.0% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EMERGENCY MEDICAL AND RESCUE SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDED EMERGENCY MEDICAL, STANDBY EVENTS, CONVOLESCENT, AND RESCUE SERVICES TO THE LOCAL WESTERN NORTH CAROLINA COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Rice Former Inter | OfficerTrustee | 40 | $44,572 |
Name Not Listed Squad Chief | OfficerTrustee | 40 | $36,804 |
William Nail Acting Manag | OfficerTrustee | 25 | $0 |
Dan Mullinix Treasurer | OfficerTrustee | 5 | $0 |
Mike Walker Secretary | OfficerTrustee | 4 | $0 |
Beckett Arnold Chair (inter | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $92,723 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,629 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,352 |
| Total Program Service Revenue | $796,957 |
| Investment income | $39 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,011,876 |
| 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. | $36,804 |
| Compensation of current officers, directors, key employees. | $36,804 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $517,934 |
| Pension plan accruals and contributions | $9,452 |
| Other employee benefits | $37,182 |
| Payroll taxes | $42,615 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,937 |
| 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 | $1,288 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,853 |
| Travel | $438 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $13,215 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $49,064 |
| Insurance | $47,595 |
| All other expenses | $27,982 |
| Total functional expenses | $990,945 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $73,352 |
| Savings and temporary cash investments | $0 |
| 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 | $881,026 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $954,378 |
| Accounts payable and accrued expenses | $28,131 |
| 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 | $334,116 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $199,900 |
| Total liabilities | $562,147 |
| Net assets without donor restrictions | $392,231 |
| 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 | $954,378 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Memphis Medical Center Air Ambulance Service Inc Memphis, TN | $52,176,003 | $31,799,991 |
Houston Healthcare Ems Inc Warner Robins, GA | $925,901 | $5,453,899 |
Morristown Hamblen Emergency Medical Service Company Morristown, TN | $2,987,795 | $7,412,179 |
Hamilton Emergency Medical Services Inc Dalton, GA | $2,071,608 | $4,035,227 |
Piedmont Triad Ambulance & Rescue Inc High Point, NC | $5,387,528 | $5,724,646 |
Edgecombe County Rescue Squad Tarboro, NC | $1,220,616 | $4,673,723 |
Danville Life Saving And First Aid Crew Inc Danville, VA | $9,749,039 | $4,379,356 |
Grundy Emergency Medical Services Inc Coalmont, TN | $1,130,410 | $3,756,125 |
Carter County Emergency & Rescue Squad Inc Elizabethton, TN | $3,478,374 | $3,478,036 |
Mercy Medical Angels Virginia Beach, VA | $2,761,673 | $4,951,063 |
Cary Area Ems Cary, NC | $2,538,441 | $3,123,472 |
Hawkins County Emergency Medical Services Inc Rogersville, TN | $2,284,321 | $3,846,601 |