Overview
What is South Side Hose Company No 2?
South Side Hose Company No 2 is a nonprofit organization situated in Oceanside, New York. Their primary mission is to safeguard the community by offering fire suppression services at no cost. Beyond this, they are committed to the training and education of their members, equipping them with competencies in fire suppression and various other firefighting duties. This dual focus on community protection and member development is key to their operations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 Stars (47%)
The South Side Hose Company No 2 has received a low score of 47%, resulting in a Zero-Star out of Four Star rating. This rating reflects significant concerns regarding the charity's financial health, particularly indicated by its low Program Expense Ratio, which stands at just 1.08%. This suggests that a minimal portion of its funds is being allocated to its intended programs, raising questions about the effectiveness and impact of the organization.
On a positive note, the charity demonstrates strong accountability practices, as evidenced by a fully independent board and no material diversion of assets. The organization also scores well for having a whistleblower policy, documented board meeting minutes, and a clear document retention policy. However, despite these strengths in governance, the financial metrics highlight critical weaknesses that could hinder its overall effectiveness.
In summary, while the South Side Hose Company No 2 exhibits positive governance attributes, the poor financial management reflected in its low expenditure on programs undermines its charitable mission. Potential donors and stakeholders should approach with caution, considering the organization's limited resource allocation towards its core programs and services.
This AI summary has been generated from information found on Charity Navigator.
Is South Side Hose Company No 2 legitimate?
South Side Hose Company No 2 is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Side Hose Company No 2 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
What is the mission statement of South Side Hose Company No 2?
South Side Hose Company No 2’s mission revolves around providing fire suppression services to the community. This organization is committed to ensuring the safety of its community by offering firefighting services at no cost. Furthermore, the company focuses on educating and training its members in various firefighting duties and fire suppression techniques. By doing so, the company aims to equip its members with the necessary skills to effectively respond to fire emergencies and protect the community.
What is the revenue of South Side Hose Company No 2?
South Side Hose Company No 2's revenue in 2023 was $106,246.
Who are the executives of South Side Hose Company No 2 and what are their salaries?
There 150 volunteers at South Side Hose Company No 2.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for South Side Hose Company No 2?
South Side Hose Company No 2's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of South Side Hose Company No 2
South Side Hose Company No 2 is dedicated to serving its community by providing essential fire suppression services. Beyond this, the organization focuses on the training and education of its members, equipping them with the necessary skills in fire suppression and various firefighting duties. The company's mission is multifaceted, prioritizing both the safety of the public and the development of its members as competent firefighters. The organization's activities extend beyond just fire suppression; it also invests in the education and growth of its team members, ensuring they are well-equipped to protect their community effectively.
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Impact
October, 2024
South Side Hose Company No 2 significantly enhances public safety in the Oceanside community through its dedicated fire suppression services. By providing these essential services at no cost, the organization ensures that residents receive immediate and effective responses in the event of a fire, safeguarding lives and property.
Moreover, South Side Hose Company No 2 invests in the future of firefighting by conducting comprehensive training and education for its members. This focus on training equips firefighters with the necessary skills and knowledge to handle various emergency situations, reinforcing their preparedness and effectiveness when responding to incidents. The organization's commitment to ongoing education also fosters a culture of excellence among its members, ultimately benefiting the community it serves.
Through these efforts, South Side Hose Company No 2 plays a crucial role in promoting safety, resilience, and a sense of security within Oceanside, making it a vital asset to the community.
This information is meant to be a general summary of South Side Hose Company No 2. 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 2023.
- Investment Income: $1,685
- Program Service Revenue: $690
- Gross Receipts: $106,246
Assets and Liabilities:
- Total Assets: $891,674
- Total Liabilities: $228,900
- Net Assets: $662,774
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Organization Details
Founding Year
1927
Principal Officer
Steven Bresin
NTEE Category
Code: M24 - Public safety
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