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East Lyme Ambulance Fund Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 061553185 ✦ Niantic, CT ✦ Designated as a 501(c)(3)

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Overview

What is East Lyme Ambulance Fund Inc?

East Lyme Ambulance Fund Inc, located in Niantic, Connecticut, serves as a crucial nonprofit organization by offering ambulance services in the town of East Lyme. They responded to approximately 2145 emergency calls within their jurisdiction and occasionally extended their assistance to neighboring towns. Their primary mission is to provide ambulance services, ensuring prompt and reliable medical assistance during emergencies. With a focus on community well-being, East Lyme Ambulance Fund Inc plays a vital role in maintaining public safety within their region.


Official website here: www.eastlymeambulance.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

The East Lyme Ambulance Fund Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating areas that require attention for improvement. While the organization demonstrates strong leadership and adaptability with a perfect score of 100 in that category, its overall score of 72% reflects challenges in accountability and financial practices, which is evidenced by a lower score of 69 in this area.

The organization excels in program expense efficiency, boasting a program expense ratio of 93.79%, indicating that a significant portion of its funds goes directly toward its programs. Additionally, it has a solid structure with 100% independent board members and no material diversion of assets, suggesting good governance practices. However, the absence of crucial policies such as conflict of interest, whistleblower, and document retention policies highlights a need for improved governance frameworks.

Strategically, the organization is focused on increasing active membership to ensure continuous service provision and achieving Heart-Safe community recognition. Furthermore, there are plans for an independent audit to enhance financial transparency and operational efficiency. Addressing the noted policy gaps will be essential for bolstering its accountability and overall impact in the community.


This AI summary has been generated from information found on Charity Navigator.

Is East Lyme Ambulance Fund Inc legitimate?

East Lyme Ambulance Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Lyme Ambulance Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.eastlymeambulance.com

What is the mission statement of East Lyme Ambulance Fund Inc?

East Lyme Ambulance Fund Inc, as an organization, is dedicated to providing ambulance services. Their primary mission is to respond to emergencies and offer essential medical assistance within the town of East Lyme. On rare occasions, they also extend their services to neighboring towns. Through their operations, they aim to ensure prompt and reliable medical aid in times of need. The fund's activities primarily involve responding to approximately 2145 calls annually, providing vital medical assistance to the community.


Official website here: www.eastlymeambulance.com

Who is the CEO of East Lyme Ambulance Fund Inc?

David Baer is the Secretary of East Lyme Ambulance Fund Inc.


Official website here: www.eastlymeambulance.com

What is the revenue of East Lyme Ambulance Fund Inc?

East Lyme Ambulance Fund Inc's revenue in 2022 was $971,121.


Official website here: www.eastlymeambulance.com

Who are the executives of East Lyme Ambulance Fund Inc and what are their salaries?


Here are 4 key members and their salaries:


Allison Hoffner (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Cabigting (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Holyfield (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Baer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.eastlymeambulance.com

Where can I find the form 990 for East Lyme Ambulance Fund Inc?

East Lyme Ambulance Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.eastlymeambulance.com

Learn more at the official website: www.eastlymeambulance.com

Mission Statement of East Lyme Ambulance Fund Inc

East Lyme Ambulance Fund Inc, a notable organization, is dedicated to providing essential ambulance services. Their primary mission is to respond to emergencies within the town of East Lyme, demonstrating a commitment to the community's well-being. In the course of their operations, they handle approximately 2145 calls annually, showcasing their reliability and readiness to address medical emergencies. Occasionally, they extend their services to neighboring towns as well, further underscoring their role as a vital resource in times of need.

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Impact




July, 2024

East Lyme Ambulance Fund Inc provides vital ambulance services to the town of East Lyme and occasionally to surrounding areas. With a mission to ensure the well-being and safety of the community, they respond to approximately 2145 calls each year. By offering efficient and timely emergency medical services, they play a crucial role in safeguarding the health of the residents in times of crisis. Their impact is evident in their ability to reach those in need promptly, thereby potentially saving lives and providing critical care during emergencies.




This information is meant to be a general summary of East Lyme Ambulance Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$971,121 (2022)
Expenses
$860,644 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,891
  • Program Service Revenue: $962,042
  • Gross Receipts: $1,034,881

Assets and Liabilities:

  • Total Assets: $2,320,154
  • Total Liabilities: $190,060
  • Net Assets: $2,130,094

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

AMBULANCE SERVICES

Revenue

$962,042

Organization Details

Founding Year

1946

Principal Officer

David Baer

Main Address

PO BOX 965, NIANTIC, CT, 06357

NTEE Category

Code: E62 - Health

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