Overview
What is Lorraine Volunteer Fire Company Inc?
Lorraine Volunteer Fire Company Inc is a dedicated nonprofit organization that functions primarily as a volunteer fire department. Their main objective is to oversee and manage the financial aspects associated with fire prevention, protection, and control. As a volunteer-led entity, they rely on a committed team to carry out their mission, focusing on safeguarding their community from potential fire hazards.
Official website here: www.lorrainefire.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The Lorraine Volunteer Fire Company Inc has achieved a 76% rating, reflecting a solid performance in accountability and finance. The high score is primarily attributed to their 100% Program Expense Ratio, indicating that all expenses are directed toward their mission. Additionally, the organization displays strong governance with a fully independent board and no instances of asset diversion.
However, the nonprofit has some critical areas that require improvement. Notably, it lacks essential policies such as a conflict of interest policy and a whistleblower policy, both of which are important for transparency and accountability. While the organization does well in managing its liabilities and has made its financial documents available, addressing these policy gaps would enhance its overall governance framework and increase donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Lorraine Volunteer Fire Company Inc legitimate?
Lorraine Volunteer Fire Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lorraine 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: $0
For more financial information, click here
Official website here: www.lorrainefire.org
What is the mission statement of Lorraine Volunteer Fire Company Inc?
The Lorraine Volunteer Fire Company Inc serves as a volunteer-driven organization, primarily focused on managing costs associated with fire prevention, protection, and control. Their primary mission is to ensure the safety and well-being of their community by responding to emergencies and providing necessary firefighting services. The company actively promotes fire safety awareness and education, striving to minimize the risk of fires and promote a safer environment for its community members.
Official website here: www.lorrainefire.org
Who is the CEO of Lorraine Volunteer Fire Company Inc?
Donald Gould is the President of Lorraine Volunteer Fire Company Inc.
Official website here: www.lorrainefire.org
What is the revenue of Lorraine Volunteer Fire Company Inc?
Lorraine Volunteer Fire Company Inc's revenue in 2022 was $75,079.
Official website here: www.lorrainefire.org
Who are the executives of Lorraine Volunteer Fire Company Inc and what are their salaries?
There 29 volunteers at Lorraine Volunteer Fire Company Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lorrainefire.org
Where can I find the form 990 for Lorraine Volunteer Fire Company Inc?
Lorraine Volunteer Fire Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lorrainefire.org
Learn more at the official website: www.lorrainefire.org
Mission Statement of Lorraine Volunteer Fire Company Inc
Lorraine Volunteer Fire Company Inc serves as a dedicated volunteer force, focusing on the essential duties of fire prevention, protection, and control. This nonprofit organization manages its expenses in pursuit of these critical objectives, ensuring the safety and well-being of their community. By operating as a volunteer fire department, Lorraine Volunteer Fire Company Inc relies on the selfless contributions of its members, fostering a sense of unity and commitment to the cause. Their mission is to safeguard their community from the perils of fire, providing a vital service that is both proactive and reactive in nature. The company's work encompasses not only responding to emergencies but also educating the public on fire safety measures and prevention techniques, thereby contributing to a safer environment for all.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
The impact of Lorraine Volunteer Fire Company Inc is crucial in ensuring public safety within the community. Their dedicated volunteers work tirelessly to manage expenses related to fire prevention, protection, and control. By operating as a volunteer fire department, they play a vital role in safeguarding lives, property, and the environment in Lorraine, NY. Their proactive efforts contribute significantly to the well-being and security of the community, making a tangible difference in times of emergencies.
This information is meant to be a general summary of Lorraine 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: $35
- Program Service Revenue: $57,500
- Gross Receipts: $75,079
Assets and Liabilities:
- Total Assets: $1,457,039
- Total Liabilities: $84,174
- Net Assets: $1,372,865
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tax Levy Income
Revenue
$57,500
Organization Details
Founding Year
1962
Phone
(315) 232-2601Principal Officer
Donald Gould
Main Address
PO Box 89, Lorraine, NY, 13659
Website
www.lorrainefire.orgNTEE Category
Code: M24 - Public safety
If you are a representative of Lorraine Volunteer Fire Company Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.