Overview
What is Storm Engine Company Ambulance Corp?
Storm Engine Company Ambulance Corp is a vital nonprofit organization situated in Derby, Connecticut. Serving its 15,000 residents, the corporation operates around the clock, seven days a week, to deliver essential emergency services through its ambulance service. Their mission revolves around providing immediate medical assistance, ensuring that help is always available when needed. The corporation plays a significant role in safeguarding the health and well-being of its community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement. Overall score: 67%, with a two-star rating. The organization demonstrates a strong commitment to having an independent board, with 100% of its board members being independent. Additionally, the financial stability is indicated by a 0.00% liabilities to assets ratio and an impressive program expense ratio of 91.96%, showing that a large portion of its resources is directed towards its programs.
However, several critical areas for improvement have been identified. The organization has received zero points for key accountability metrics, including financial statements, a conflict of interest policy, a whistleblower policy, and document retention practices. This lack of transparency and governance documents raises concerns about the organization's operational practices and financial oversight.
Overall, while the Storm Engine Company Ambulance Corp exhibits strong financial management and board independence, the absence of essential policies and public accountability mechanisms detracts significantly from its rating. Addressing these gaps could enhance trust and improve the organization’s standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Storm Engine Company Ambulance Corp legitimate?
Storm Engine Company Ambulance Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Storm Engine Company Ambulance Corp 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: $20,555
For more financial information, click here
What is the mission statement of Storm Engine Company Ambulance Corp?
The Storm Engine Company Ambulance Corp is dedicated to delivering emergency services. Operating around the clock for seven days a week, they provide this crucial service to a population of approximately 15,000 residents. The ambulance corporation's mission is centered around ensuring prompt and reliable emergency assistance, thereby making a significant impact in saving lives and alleviating medical emergencies.
Who is the CEO of Storm Engine Company Ambulance Corp?
Dan Abrams is the Chief of Storm Engine Company Ambulance Corp.
What is the revenue of Storm Engine Company Ambulance Corp?
Storm Engine Company Ambulance Corp's revenue in 2022 was $593,111.
Who are the executives of Storm Engine Company Ambulance Corp and what are their salaries?
The average compensation at Storm Engine Company Ambulance Corp during 2022 was $1,713. There are 12 employees at Storm Engine Company Ambulance Corp.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Storm Engine Company Ambulance Corp?
Storm Engine Company Ambulance Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Storm Engine Company Ambulance Corp
Storm Engine Company Ambulance Corp, a devoted entity, is committed to delivering emergency services. Operating in a 24/7 capacity, this corporation provides essential ambulance assistance to the city's 15,000 residents in Derby, Connecticut. The primary mission of Storm Engine Company Ambulance Corp is to ensure prompt and effective emergency response, ensuring the well-being and safety of its community members during their time of need.
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Impact
July, 2024
Storm Engine Company Ambulance Corp's impact is vital in ensuring the timely and reliable delivery of emergency services to the residents of Derby, Connecticut. Their round-the-clock ambulance service plays a critical role in the safety and well-being of the approximately 15,000 residents in the city. By providing swift medical assistance during emergencies, Storm Engine Company Ambulance Corp contributes significantly to the overall health and welfare of the community.
This information is meant to be a general summary of Storm Engine Company Ambulance Corp. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $468,695
- Gross Receipts: $593,111
Assets and Liabilities:
- Total Assets: $195,107
- Total Liabilities: $0
- Net Assets: $195,107
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AMBULATORY
Revenue
$468,695
Organization Details
Founding Year
1963
Principal Officer
Dan Abrams
Main Address
151 OLIVIA STREET, Derby, CT, 06418
NTEE Category
Code: E62Z - Health
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