Overview
What is Malta Ridge Volunteer Fire Company Inc?
The Malta Ridge Volunteer Fire Company Inc, situated in Ballston Spa, New York, is a dedicated nonprofit organization that offers vital fire protection services to its local community at no cost. Beyond responding to fires within its jurisdiction, the company also participates in mutual aid calls when requested, demonstrating its commitment to ensuring the safety of its neighboring communities. In addition to firefighting, the Malta Ridge Volunteer Fire Company Inc also runs a fire prevention program for local residents, educating them on fire safety measures to minimize the risk of incidents. The organization boasts a small yet dedicated workforce of one individual.
Official website here: www.mrvfc.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 88%, Three-Star out of Four Star rating.
Malta Ridge Volunteer Fire Company Inc has earned a commendable score of 88%, reflecting strong accountability and financial practices. The organization benefits from a fully independent board with 100% of its members meeting independence criteria, and it has effectively managed its financial liabilities, showcasing a 0.00% liabilities to assets ratio. The high program expense ratio of 92.89% indicates that a significant portion of its funds is directed towards program services rather than administrative costs.
However, there are notable areas for improvement. The absence of a conflict of interest policy and a whistleblower policy may raise concerns regarding governance and transparency. Additionally, the organization has not posted its tax form on its website, which could limit access to important financial information for stakeholders and potential donors.
Overall, while Malta Ridge Volunteer Fire Company Inc demonstrates strong financial health and effective governance through its independent board, addressing its policy gaps could enhance its accountability and strengthen trust with its community and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Malta Ridge Volunteer Fire Company Inc legitimate?
Malta Ridge Volunteer Fire Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Malta Ridge Volunteer Fire Company 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: $59,815
For more financial information, click here
Official website here: www.mrvfc.org
What is the mission statement of Malta Ridge Volunteer Fire Company Inc?
The Malta Ridge Volunteer Fire Company provides essential fire protection services to local residents at no cost. They also participate in mutual aid calls when requested. Beyond firefighting, the company undertakes a fire prevention program for the community. On average, they respond to approximately 260 fire calls annually. The company's mission can be seen as dedicated to safeguarding their community by offering prompt and free fire protection services, while also proactively working to prevent fires through educational programs.
Official website here: www.mrvfc.org
Who is the CEO of Malta Ridge Volunteer Fire Company Inc?
Greg Stack is the Vice President of Malta Ridge Volunteer Fire Company Inc.
Official website here: www.mrvfc.org
What is the revenue of Malta Ridge Volunteer Fire Company Inc?
Malta Ridge Volunteer Fire Company Inc's revenue in 2022 was $1,019,817.
Official website here: www.mrvfc.org
Who are the executives of Malta Ridge Volunteer Fire Company Inc and what are their salaries?
The average compensation at Malta Ridge Volunteer Fire Company Inc during 2022 was $59,815. There is 1 employee and 45 volunteers at Malta Ridge Volunteer Fire Company Inc.
Here are 7 key members and their salaries:
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- Other: $0
Official website here: www.mrvfc.org
Where can I find the form 990 for Malta Ridge Volunteer Fire Company Inc?
Malta Ridge Volunteer Fire Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mrvfc.org
Learn more at the official website: www.mrvfc.org
Mission Statement of Malta Ridge Volunteer Fire Company Inc
Malta Ridge Volunteer Fire Company Inc is dedicated to providing essential fire protection services to its local community at no cost. This volunteer-led organization goes beyond just responding to fires, as it also participates in mutual aid calls when requested from other areas. The company's mission is centered around ensuring the safety and well-being of its residents, offering them peace of mind knowing that help is always nearby.
In addition to fire protection services, Malta Ridge Volunteer Fire Company Inc also undertakes a fire prevention program. This proactive approach aims to educate the community on fire safety measures, thereby reducing the risk of fires and minimizing their impact. Through this program, the company answers approximately 260 fire calls each year, demonstrating its commitment to prompt and effective service delivery.
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Impact
October, 2024
Malta Ridge Volunteer Fire Company Inc plays a crucial role in ensuring the safety and well-being of the community in Ballston Spa, NY. By providing fire protection services at no charge, the organization directly protects local residents from the dangers of fire, responding to approximately 260 calls each year.
In addition to its primary fire protection duties, the company actively participates in mutual aid calls, extending its support to neighboring areas during emergencies. This collaboration enhances regional safety and emergency preparedness.
The fire prevention program offered by Malta Ridge is another vital aspect of their impact. Through education and resources, they empower residents to take proactive measures in preventing fires and ensuring their homes and families are safe. Overall, Malta Ridge Volunteer Fire Company Inc significantly contributes to public safety, showcasing commitment and dedication to the community it serves.
This information is meant to be a general summary of Malta Ridge Volunteer Fire Company 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,261
- Program Service Revenue: $999,665
- Gross Receipts: $1,019,817
Assets and Liabilities:
- Total Assets: $2,922,280
- Total Liabilities: $0
- Net Assets: $2,922,280
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TOWN OF MALTA, NEW YOR
Revenue
$964,000
FOREIGN INSURANCE REVE
Revenue
$19,802
INSURANCE CLAIMS AND R
Revenue
$6,694
INSURANCE DIVIDENDS AN
Revenue
$5,081
FIRE CO OF MALTA
Revenue
$4,088
Organization Details
Founding Year
1948
Phone
(518) 584-6155Principal Officer
Greg Stack
Main Address
5 HEARN ROAD, BALLSTON SPA, NY, 12020
Website
www.mrvfc.orgNTEE Category
Code: M24Z - Public safety
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