Overview
What is Newstead Fire Company Inc (The)?
Newstead Fire Company Inc., headquartered at 5691 Cumming's Road, Po Box 386, Akron, New York 14001, is a dedicated nonprofit organization with a mission to safeguard lives and property within the local community from fires and offer emergency medical services. Members of the company regularly participate in training courses and conventions to enhance and maintain their skills. In addition to their primary role, Newstead Fire Company Inc. also extends its services to the surrounding areas, and engages in community support activities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star Rating)
Newstead Fire Company Inc has received an overall score of 86%, which translates to a Three-Star rating. This score reflects a strong emphasis on accountability and finance, indicating a solid financial foundation and responsible governance. The organization received perfect scores in several key areas, illustrating their commitment to fiscal responsibility and transparent operations.
Strengths of the organization include a fully independent board comprised of 12 members, demonstrating a commitment to governance practices that avoid conflicts of interest. Additionally, their robust financial oversight is highlighted by an active audit and oversight committee, and they have no reported material diversions of assets. A high program expense ratio of 79.29% also shows that a significant portion of their funds is directed towards programs rather than administrative costs.
Despite these strengths, the rating is based solely on the accountability and finance beacon, meaning that there may be other dimensions of the organization’s effectiveness that are not captured in this score. While the financial metrics appear strong, potential donors and supporters may wish to look into programmatic outcomes and community impact for a more rounded understanding of Newstead Fire Company Inc's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Newstead Fire Company Inc (The) legitimate?
Newstead Fire Company Inc (The) is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newstead Fire Company Inc (The) 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:
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What is the mission statement of Newstead Fire Company Inc (The)?
The Newstead Fire Company Inc, in its mission, is dedicated to providing fire protection, emergency medical, and ambulance services to the community it primarily operates in and its adjacent areas. Beyond firefighting, the organization also extends its services to the community through various support initiatives. The company's primary objective is to safeguard lives and property from fires and offer emergency medical assistance to the community. Moreover, the company encourages its members to attend training courses and conventions to enhance and maintain their skills.
Who is the CEO of Newstead Fire Company Inc (The)?
Theodore Buonanno is the President of Newstead Fire Company Inc (The).
What is the revenue of Newstead Fire Company Inc (The)?
Newstead Fire Company Inc (The)'s revenue in 2022 was $610,428.
Who are the executives of Newstead Fire Company Inc (The) and what are their salaries?
There 55 volunteers at Newstead Fire Company Inc (The).
Here are 12 key members and their salaries:
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Where can I find the form 990 for Newstead Fire Company Inc (The)?
Newstead Fire Company Inc (The)'s most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Newstead Fire Company Inc (The)
Newstead Fire Company Inc., a dedicated organization, is committed to providing vital fire protection services, emergency medical aid, and ambulance assistance to its community and adjacent areas. Beyond its primary role, the company also extends its reach into community service and support. In essence, Newstead Fire Company Inc. strives to safeguard lives and properties from the threat of fire and offers emergency medical assistance to its community. Moreover, its members actively participate in training courses and conventions to maintain and enhance their skills, ensuring they are always prepared to meet the needs of those they serve.
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Impact
July, 2024
The Newstead Fire Company Inc, also known as The Newstead Fire Company, is a vital force in ensuring public safety in the town of Newstead, NY, and its surrounding areas. Their primary activities revolve around providing essential services such as fire protection, training, emergency medical, and ambulance services to the community. By responding to emergencies and accidents promptly, the organization plays a crucial role in safeguarding lives and properties from the destructive force of fires.
Moreover, The Newstead Fire Company goes beyond just emergency response by offering community service and support. This demonstrates their commitment to not only reacting to crises but also actively engaging with and contributing to the well-being of the community they serve. Through their participation in training courses and conventions, the Company ensures that its members are equipped with the necessary skills and knowledge to handle emergencies effectively.
In essence, The Newstead Fire Company's impact can be seen in the tangible difference they make in enhancing public safety, providing emergency medical services, and actively supporting their local community. Their dedication to their mission of protecting lives and property from fire and other emergencies underscores their significant role as a pillar of public safety in the Newstead area.
This information is meant to be a general summary of Newstead Fire Company Inc (The). 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: $3,525
- Program Service Revenue: $410,958
- Gross Receipts: $610,710
Assets and Liabilities:
- Total Assets: $2,212,941
- Total Liabilities: $316,580
- Net Assets: $1,896,361
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TOWN CONTRACT REVENUE
Revenue
$410,958
Organization Details
Founding Year
1947
Phone
(716) 796-8239Principal Officer
Theodore Buonanno
Main Address
5691 CUMMINGS RD PO BOX 386, AKRON, NY, 14001
NTEE Category
Code: M24 - Public safety
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